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Erskine Veterans Charity

Scottish charity SC006609 · record on the Scottish Charity Register (OSCR) · accounts PDF · all Scottish charities

Latest income
£27.4m
Latest spending
£29.2m
Accounts read
FY2025
Form
Company (the charity is registered with Companies House)

Website: www.erskine.org.uk

Financial health, per FY2025 accounts

The accounts state that total funds increased by £0.6m to £77.2m, with unrestricted reserves of £76.5m. The charity reports a net surplus for the year of £0.6m, driven by strong fundraising performance and higher-than-planned investment returns, which offset challenges in care service revenue and cost management.

What the accounts disclose

Related-party transaction: Legal fees paid to TC Young LLP, a firm where a partner is a Trustee.
“In addition, legal fees of £7,927 were paid during 24/25 to TC Young LLP, a legal firm in which a partner is also a Trustee of the Board of Directors. These services were provided on an arm’s-length basis under normal commercial terms.” — page 52
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Travel expenses reimbursed to Trustees.
“In addition, legal fees of £7,927 were paid during 24/25 to TC Young LLP, a legal firm in which a partner is also a Trustee of the Board of Directors. These services were provided on an arm’s-length basis under normal commercial terms.” — page 52
Per FY2025 accounts as filed with OSCR.
Employees paid over £60,000: 9
“Nine employees (23/24 - seven employees) with salary and taxable benefits over £60,000 were members of the defined contribution pension scheme.” — page 40
Per FY2025 accounts as filed with OSCR.
Fundraising cost ratio: 55.0% of fundraised income
“For every £1 spent on raising funds we generated £1.82 of funds for our charitable mission during the year”
Per FY2025 accounts as filed with OSCR.
Trading subsidiary: Erskine Hospital Limited
“The Charity has one related party other than its Trustees; Erskine Hospital Limited (formerly "Erskine Developments Limited"), which is a wholly owned dormant subsidiary of the Charity.”
Per FY2025 accounts as filed with OSCR.
Independent examiner: Azets Audit Services
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.