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Thistle Trust

Scottish charity SC003834 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£150k
Latest spending
£174k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £290,048, with a liquid portion of £115,866, against a capital reserve target exceeding £3,250,000 which is currently met at £3,749,150. Per the trustees' report, the charity generated a net income surplus of £178,536 for the year, primarily driven by investment gains, and maintains a going concern basis with no material uncertainties identified.

What the accounts disclose

Related-party transaction: Legal fees charged by Turcan Connell, a firm where a trustee was a partner.
“(a Trustee until 15th July 2024) is a Partner at Turcan Connell. During the year £1,020 was charged for legal fees by Turcan Connell on an arm’s length basis.” — page 23
Per FY2025 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.