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The Creative Change Collective

Scottish charity SC046250 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£151k
Latest spending
£214k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity incurred a net deficit of £75,731 for the year ended 30 June 2024, resulting in total net assets of £94,528. Per the trustees' report, the charity maintains unrestricted reserves at a level equivalent to between three and six months of expenditure, a policy they consider maintained throughout the year. However, the trustees acknowledge material uncertainties that may cause doubt regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves position: below the charity's own stated policy
“This level of reserves has been maintained throughout the year.”
Per FY2025 accounts as filed with OSCR.
Going concern: material uncertainty disclosed
“The Trustees have a reasonable expectation that the Charity will continue in operational existence for the foreseeable future, however, the Trustees are aware of certain material uncertainties which may cause doubt on the charity's ability to continue as a going concern.”
Per FY2025 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.