Charity Accounts Intelreading the accounts so you don’t have to

Garioch Sports and Community Centre Holdings

Scottish charity SC047471 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£318k
Latest spending
£275k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity generated a net surplus of £615,854 for the year ended 31 December 2024, with unrestricted reserves increasing to £1,688,603. However, the charity holds no freely available cash reserves, as its policy is to hold unrestricted funds equivalent to tangible fixed assets less outstanding finance. The trustees acknowledge net current liabilities of £421,524 but remain confident in the charity's ability to continue as a going concern.

What the accounts disclose

Reserves position: below the charity's own stated policy
“All unrestricted funds are therefore represented by non-liquid assets held and the charity holds no freely available reserves in cash for discretionary use by the trustees.” — page 5
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.