Douglas Community Development Company
Latest income
£116k
Latest spending
£34k
Accounts read
FY2024
Financial health, per FY2024 accounts
The charity reported a significant increase in total income to £116,025, resulting in a surplus of £82,014 for the year. Unrestricted reserves stood at £79,002, which the trustees consider sufficient to maintain operations for three to six months of expenditure in the event of a funding drop. The organization remains committed to its regeneration projects while managing risks through established mitigation systems.