Gullane Community Children's Hub
Latest income
£169k
Latest spending
£176k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity made a deficit of £7,108 for the year, resulting in a closing bank balance of £26,433. The trustees note that this balance was below their target cash reserves of approximately three months of operating costs. To address this, the Board implemented significant fee increases averaging 10% at the start of 2025 to bring reserves back towards the target level.
What the accounts disclose
Reserves position: below the charity's own stated policy
“This was below the target cash reserves and the Board implemented significant fee increases, averaging approx. +10%, at the start of 2025 in order to bring our cash reserves back towards the target level.”
Per FY2025 accounts as filed with OSCR.