Skills Exchange SCIO
Latest income
£169k
Latest spending
£181k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a deficit of £11,597 for the year ended 31 March 2025, resulting in a decrease in total funds to £61,597. The trustees note that the charity's current reserves position is healthy, although free reserves of £20,817 are below the stated policy target range. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves position: below the charity's own stated policy
“As of the end of the 2024/25 financial year, the charity held general free reserves of £20,817 which is below the target range.” — page 14
Per FY2025 accounts as filed with OSCR.