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St Cadocs Youth Club (SCIO)

Scottish charity SC046797 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£499k
Latest spending
£491k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity reported a net expenditure of £82,810 for the year, resulting in a cumulative balance sheet deficit of £93,192. The trustees attribute this position to operational costs exceeding income and note that the deficit is supported by significant trustee donations. They express confidence that future revenue streams and debt repayment plans will reverse the financial position in the medium term.

What the accounts disclose

Reserves position: below the charity's own stated policy
“The club's balance sheet is now at a deficit of £93,192.” — page 3
Per FY2025 accounts as filed with OSCR.
Going concern: doubt noted
“Whilst acknowledging the balance sheet deficit the trustees believe that with the continued support of trustee donations and a working plan to pay the debts incurred on salaries that the club remains a going concern.” — page 4
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.