Global Prophetic Alliance
Latest income
£1.4m
Latest spending
£1.6m
Accounts read
FY2025
Form
SCIO (Scottish Charitable Incorporated Organisation)
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure of £184,401 for the year, resulting in a significant drop in unrestricted reserves to £82,761. The trustees acknowledge that this reserve level falls short of their policy target of three months' staff costs, creating a material uncertainty regarding the charity's ability to continue as a going concern. To address this, the trustees have outlined plans including a donations push, moving premises to reduce costs, and an organizational restructure.
What the accounts disclose
Reserves position: below the charity's own stated policy
“At Balance Date, unrestricted reserves stood at £82,761 (2024: £182,917) which represents approximately 1.5 months staff costs. This is half the amount we need to meet our desirable reserve target.” — page 11
Per FY2025 accounts as filed with OSCR.
Going concern: material uncertainty disclosed
“This matter indicates a material uncertainty exists on the charity’s ability to continue as a going concern.”
Per FY2025 accounts as filed with OSCR.
Largest income source: Donations and legacies (64% of income)
“Total donation and legacies, including Gift Aid amounted to £917,127” — page 11
Per FY2025 accounts as filed with OSCR.
Fundraising cost ratio: 27.8% of fundraised income
“The costs of raising funds amounted to £397,413 (2024: £432,878).” — page 11
Per FY2025 accounts as filed with OSCR.
Independent examiner: Azets Audit Services
Per FY2025 accounts as filed with OSCR.