Healing for the Heart SCIO
Latest income
£409k
Latest spending
£307k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity generated a small surplus of £1,765 for the year ended 31 October 2024, reversing a deficit from the previous year. Total reserves stood at £221,756, with unrestricted free reserves of £85,114, which the trustees acknowledge is below their stated policy target of £108,000. The trustees are working to increase unrestricted reserves and have implemented restructuring measures to improve sustainability.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The current unrestricted reserves, excluding designated reserves, of £85,114 is below this target.” — page 6
Per FY2025 accounts as filed with OSCR.