Charity Accounts Intelreading the accounts so you don’t have to

The Hugh Fraser Foundation

Scottish charity SC009303 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£2.7m
Latest spending
£3.6m
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the Foundation holds unrestricted funds of £94,454,633, representing a net asset position of £94,454,633. The Trustees consider it unnecessary to maintain specific reserves as assets are held in ready realisable form, and the going concern basis is adopted with no material uncertainties identified.

What the accounts disclose

Related-party transaction: Turcan Connell is listed as Clerks and Solicitors and engaged for administration. Note 7 states Trustees received £12,014 for reimbursement of travelling and other expenses. Note 1g states charges for accounting and regulatory compliance equate to 15% of overall fees charged by Turcan Connell. No specific transaction amount between the charity and Turcan Connell is explicitly broken out as a single related party transaction figure in the notes, but governance costs include accountancy fees of £14,445 (Note 9). However, Note 7 explicitly mentions reimbursement to Trustees.
“The Trustees received £12,014 (2024 £11,941) for reimbursement for travelling and other expenses incurred in attending meetings and carrying out their duties.” — page 18
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.