Erskine Veterans Charity
Latest income
£27.4m
Latest spending
£29.2m
Accounts read
FY2025
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.