THE LONDON SCOTTISH REGIMENTAL TRUST
Pay all expenses incidental to the administration of the charity. After paying expenses income to be used to promote militiary efficiency of the unit. Make grants to museum and library of London Scottish.
Financial health, per its FY2025 accounts
The accounts state that the Trust has a deficit of £11,277 and total creditors of £50,674 against current assets of £36,039, resulting in net current liabilities. The Trustees report that the future of the Trust is in some doubt due to the failure of a trading company and reduced income, noting a material uncertainty regarding its ability to continue as a going concern.
What the accounts disclose
“Other income 77,504 37,562” — page 6
“The deficit on the fund as at 31st March 2025 is £11,277 (2024: a deficit of £31,071).” — page 6
“However, because of the financial situation of the Charity, the Trustees consider that there is a material uncertainty regarding going concern.”
“At the same time, a trading company London Scottish Volunteer Enterprises Limited (LSVE) was created in the joint ownership of the Trust and The London Scottish Headquarters Trust (LSHQT) to exploit the premises from events and other commercial activities.” — page 5
Register events
- Received assets from another charity (01/06/2023)
Trustees
- Major Brian David Welshchair
- Angus Jonathan Barford Miller
- Anthony Alan Rawlins
- John Frederick Hudson
- Lt. Col. David Llewellyn Carter
- Major Murdo Peter Durrant VR
- Marcus Victor Ormiston
- Martin John Felstead
- Stephen David Lovelock LL.B AKC
- Stephen Michael Kempster
- Stuart Macdonald Bachelor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £78k | £58k |
| 31/03/2024 | £43k | £106k |
| 31/03/2023 | £153k | £132k |
| 31/03/2022 | £57k | £57k |
| 31/03/2021 | £85k | £86k |
Common questions
Is THE LONDON SCOTTISH REGIMENTAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust has a deficit of £11,277 and total creditors of £50,674 against current assets of £36,039, resulting in net current liabilities. The Trustees report that the future of the Trust is in some doubt due to the failure of a trading company and reduced income, noting a material uncertainty regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.