Reanimate
Latest income
£114k
Latest spending
£138k
Accounts read
FY2022
Financial health, per FY2022 accounts
The accounts state that the charity operated at a net deficit of £24,316.38 for the year ended 31 March 2022, with unrestricted reserves falling to £1,339.78. The trustees report that reserves are below their stated policy target of three months' expenditure due to ongoing financial uncertainty and increased demand for services. The charity notes it is working towards setting up a subsidiary business to improve financial sustainability.
What the accounts disclose
Going concern: doubt noted
“Monies have come in, but we need to ensure that we get more money in to continue service provision and to ensure that the charity can continue to function.” — page 13
Per FY2022 accounts as filed with OSCR.