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

The Peter Vardy Foundation

Scottish charity SC047723 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£154k
Latest spending
£958k
Accounts read
FY2024

Financial health, per FY2024 accounts

The accounts state that unrestricted reserves fell significantly from £817,076 to £12,567 due to a net expenditure of £804,509. The trustees acknowledge the charity is dependent on the Peter Vardy Group for funding but assess that there is no significant risk regarding this funding source. Despite the low reserve position, the trustees and auditors confirm the charity has adequate resources to continue as a going concern for at least twelve months.

What the accounts disclose

Reserves position: below the charity's own stated policy
“The present level of reserves available to the Charity are £12,567. These unrestricted reserves represent the free reserves of the Charity.”
Per FY2024 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.