Inspiring Young Voices (SCIO)
Latest income
£125k
Latest spending
£129k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net deficit of £3,902 for the year ended 5th April 2025, resulting in total unrestricted funds of £82,603. The trustees consider the ideal level of reserves to be three months' operating costs, though the specific annual operating cost figure required to calculate this target is not explicitly stated in the provided text. The independent examiner confirmed that no matters came to their attention requiring further disclosure.
What the accounts disclose
Payments to trustees: Trustees or their close associates were paid under contracts of employment. Total payments disclosed: £86,860 (Unrestricted) and £38,393 (Restricted).
“Under the constitution of the charity remuneration to the trustees is allowed under contract of employment. The following trustees or their close associates were paid under contracts of employment during the year.” — page 12
Per FY2025 accounts as filed with OSCR.