GSC Auldhouse Limited
Latest income
£103k
Latest spending
£125k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity incurred a net expenditure of £22,145 for the period, resulting in unrestricted reserves falling to a deficit of £95,605. However, the trustees and auditors confirm the charity is a going concern, citing adequate resources and long-term tenant income to support future operations.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The total level of unrestricted reserves at 30 June 2025 was £95,605 (deficit).” — page 4
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Sister charity
“At the year end, there is a balance owed to Giffnock Soccer Centre (a sister charity) of £434,668 (2024: £216,667). £168,000 of this balance relates to a deposit paid for the lease of the pitches. The remaining balance will be start being repaid after 10 years.” — page 18
Per FY2025 accounts as filed with OSCR.