Global Family Care Network (SCIO)
Latest income
£101k
Latest spending
£103k
Accounts read
FY2026
Financial health, per FY2026 accounts
The accounts state that the charity operated at an overall deficit of £15,915 for the year ended 31 January 2025, resulting in negative unrestricted reserves of £7,284. The trustees note that the charity relies on support from its US counterpart to continue operating over the next 12 months. The charity aims to build reserves to meet its stated policy target of one month's expenditure.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The charity has reserves of £3,039 at 31 January 2025 (2024: £18,594). However, of these reserves £10,323 is held in restricted funds, creating negative reserves of £7,284 in general funds (2023: £4,079).” — page 3
Per FY2026 accounts as filed with OSCR.
Related-party transaction: Grant from associated US organisation
“During the year Global Family Care Network (SCIO) received grants of £40,191 from their associated not for profit organisation Global Family Care Network (2024: £47,950).” — page 7
Per FY2026 accounts as filed with OSCR.