THE KINCRAIG TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds total £159,005, derived from a net income of £159,005 after charitable expenditure of £79,792. The charity holds cash at bank of £160,685 against current liabilities of £1,680, resulting in a positive net asset position. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards.
What the accounts disclose
“The Kincraig Trust received a donation of £238,232 when the Laing Family Charitable Trust, previously operated through the Charities Aid Foundation, was closed and the proceeds transferred to the Kincraig Trust.” — page 8
Trustees
- CAROLINE ELIZABETH LAINGchair
- Hamish Alexander Laing
- IAN MICHAEL LAING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £239k | £80k |
Common questions
Is THE KINCRAIG TRUST financially healthy?
The accounts state that unrestricted funds total £159,005, derived from a net income of £159,005 after charitable expenditure of £79,792. The charity holds cash at bank of £160,685 against current liabilities of £1,680, resulting in a positive net asset position. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASHKELON FOUNDATION | 1 | £438k |
| COL-RENO LIMITED | 1 | £53k |
| ANEINU LIMITED | 1 | £36k |
| SF FOUNDATION | 1 | £33k |
| NES FOUNDATION LTD | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |
| PENINIM CHARITY TRUST | 1 | £26k |
| BORBAT LIMITED | 1 | £8k |