Lords Work Trust

Scottish charity SC008740 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£9.9m
Latest spending
£10.8m
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity reported a net expenditure of £1,003,170 for the year ended 31 March 2025, resulting in a decrease in total funds to £3,466,002. The trustees confirm the charity remains a going concern with adequate resources for at least 12 months, supported by unrestricted funds of £2,858,146. The charity's reserves policy targets £250,000 in free reserves, which is equivalent to approximately 12 months of office expenditure.

What the accounts disclose

Related-party transaction: Subsidiary grant
In addition, the charity provided grants to its subsidiary undertaking of £133,511 (2024: £88,525). — page 36
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.