Endowment Trust RC Diocese Of Aberdeen
Latest income
£1.1m
Latest spending
£1.1m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the Trust operates with a nil reserves policy, believing investment income is sufficient to cover costs, and reports a surplus of £nil for the year ended 31 March 2025. Per the trustees' report, the Trust is entirely reliant on investment income and returns, with cash balances of £1.6m held at year-end. The auditor 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: Disbursements paid to connected charity
“During the year the company paid disbursements of £441,721 (2024: £490,703) and £12,000 (2024: £12,000) of accountancy fees to the RC Diocese of Aberdeen Charitable Trust.” — page 19
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Rental income received from connected charity
“During the year the company paid disbursements of £441,721 (2024: £490,703) and £12,000 (2024: £12,000) of accountancy fees to the RC Diocese of Aberdeen Charitable Trust.” — page 19
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Disbursements paid to connected charity
“During the year the company paid disbursements of £441,721 (2024: £490,703) and £12,000 (2024: £12,000) of accountancy fees to the RC Diocese of Aberdeen Charitable Trust.” — page 19
Per FY2025 accounts as filed with OSCR.