Place for Hope

Scottish charity SC045224 · record on the Scottish Charity Register (OSCR) · accounts PDF

Financial health, per FY2025 accounts

The accounts state that the charity reported a net income of £53,036 for the year ended 31 March 2025, driven by grant income from three major denominational partners. Although unrestricted funds experienced a deficit due to lower-than-anticipated training income and higher staffing costs, the trustees report that reserves were sufficient to support this without detriment to financial stability. The overall position at year-end is described as healthy, with free reserves covering over 6.5 months of unrestricted charitable expenditure.