Blythswood Ireland Limited
Latest income
£1.2m
Latest spending
—
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net expenditure of £1,755 for the year ended 31 December 2024, resulting in total unrestricted funds of £1,003,734. The trustees maintain a reserves policy of holding sufficient cash for 2 to 3 months of current activities and unrestricted reserves for up to 6 months, a level they confirm has been maintained throughout the year. The trustees also note plans to wind up the charity in 2025 to incorporate it into Blythswood Care.
What the accounts disclose
Payments to trustees: Mr A Kemp received remuneration of £42,330.
“Mr A Kemp received remuneration of £42,330 (2023: £39,803) during the year.” — page 26
Per FY2024 accounts as filed with CCNI.
Related-party transaction: Trustee remuneration
“Mr A Kemp received remuneration of £42,330 (2023: £39,803) during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.” — page 26
Per FY2024 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2024 accounts as filed with CCNI.
Reserves policy: 2 to 3 months of cash and up to 6 months of unrestricted reserves based on current year total expenditure (held: £1.0m)
“On a day to day basis, the charity has established a policy whereby the charity maintains sufficient levels of cash to continue current activities for 2 to 3 months before utilising the remaining unrestricted reserves to fund the organisation for up to 6 months based on the current years total expenditure.”
Per FY2024 accounts as filed with CCNI.
Independent examiner: TB Millar & Co
Per FY2024 accounts as filed with CCNI.