HopeFull (SCIO)
Latest income
£782k
Latest spending
£1.1m
Accounts read
FY2025
Form
SCIO (Scottish Charitable Incorporated Organisation)
Financial health, per FY2025 accounts
The accounts state that the charity reported a net deficit of £369,526 for the year ended 30 April 2025, resulting in unrestricted reserves of £68,580. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to uncertainties over securing sufficient future voluntary income to support ongoing operations.
What the accounts disclose
Going concern: material uncertainty disclosed
“We draw attention to Note 1.2 in the financial statements, which describes a material uncertainty regarding the Charity's ability to continue as a going concern.” — page 9
Per FY2025 accounts as filed with OSCR.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with OSCR.
Reserves policy: three months of expenditure (held: £69k)
“The target level of free reserves is three months of expenditure, which the trustees consider appropriate for the size and nature of the charity.”
Per FY2025 accounts as filed with OSCR.
Independent examiner: Findlays Audit Limited
Per FY2025 accounts as filed with OSCR.