St Andrews Charity Fashion Show
Latest income
£190k
Latest spending
£226k
Accounts read
FY2022
Financial health, per FY2022 accounts
The accounts state that the charity ended the period with a net deficit of £33,083, resulting in a negative cash balance of £30,899. This financial position was attributed to the postponement of the main fundraising event, Starfields, which left the organization in significant debt. The trustees have acknowledged these challenges and established a safeguard fund policy to improve future financial sustainability.