Dick Memorial Benevolent Society
Latest income
£338k
Latest spending
£257k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a surplus of £114,200 for the year ended 31 December 2024, driven by investment income and gains. Per the trustees' report, the charity holds unrestricted reserves of £8,294,881, which includes property valued at £5,819,000, and has no stated reserves policy target. The charity generates all its income from investments and properties, having never engaged in fundraising activities.
What the accounts disclose
Payments to trustees: Mrs Maureen Brown received an honorarium of £7,200 for her role as secretary/treasurer.
“Mrs Maureen Brown, a trustee, received an honorarium of £7,200 (2023: £7,200) for her role as secretary/treasurer of the Society” — page 17
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee remuneration
“Mrs Maureen Brown, a trustee, received an honorarium of £7,200 (2023: £7,200) for her role as secretary/treasurer of the Society and was reimbursed for £nil (2023: £nil) for stationery purchases.” — page 17
Per FY2024 accounts as filed with OSCR.