RC Diocese Of Aberdeen Charitable Trust
Latest income
£3.4m
Latest spending
£2.5m
Accounts read
FY2023
Financial health, per FY2023 accounts
The accounts state that total income increased to £3,373,690 from £2,747,870 in the prior year, resulting in a net increase in funds of £755,812. The charity holds unrestricted general funds of £2,786,960, while its reserves policy aims to maintain a positive balance in bank accounts rather than a specific monetary target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Related-party transaction: Bishop Hay’s Trust
“A grant of £10,665 was received from the Bishop Hay’s Trust” — page 36
Per FY2023 accounts as filed with OSCR.
Related-party transaction: Trustee (Priest) Car Loan
“A grant of £10,665 was received from the Bishop Hay’s Trust” — page 36
Per FY2023 accounts as filed with OSCR.