THE ICARUS CHARITY
Latest income
£102k
Latest spending
£105k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net deficit of £3,764 for the year, with total income of £101,715 against expenditure of £105,497. Per the trustees' report, unrestricted reserves stood at £18,474, which is below the stated policy target of 12 weeks of operating costs, as the charity achieved only 8 weeks of cover. The trustees confirm the charity is financially viable with sufficient resources to continue operating for at least 12 months.
What the accounts disclose
Reserves position: below the charity's own stated policy
“Our reserves policy aims to maintain 12 weeks of operating costs. We have managed to achieve 8 weeks of cover.”
Per FY2025 accounts as filed with OSCR.