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Cosmos Community Centre (SCIO)

Scottish charity SC053096 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£444k
Latest spending
£288k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that unrestricted reserves stood at £114,775, exceeding the trustees' stated policy target of 12 months of funding. Although the charity reported a net income surplus of £155,774 for the period, the trustees noted that centre usage remains below pre-pandemic levels and they have been unable to preserve previous reserve levels, though they consider current resources adequate for future operations.

What the accounts disclose

Going concern: doubt noted
“The Trustees have consequently been unable to preserve the previous levels of reserves, but note that their policy has ensured there are sufficient reserves and secured funding that the Centre can continue as a going concern for the foreseeable future.” — page 5
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee expenses reimbursed
“During the year, trustee was reimbursed £81 for expenses he incurred for the charity.”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Fife Council grant income
“During the year, trustee was reimbursed £81 for expenses he incurred for the charity.”
Per FY2025 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.