Queen's House (Kelso) Limited
Latest income
£5.3m
Latest spending
£5.0m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity generated a surplus of £418,985 in its general fund for the year ended 31 December 2025, driven by high occupancy levels and strong expenditure controls. Per the trustees' report, unrestricted reserves stood at £2,874,630, exceeding the stated policy target of £1,794,464. The trustees confirmed adequate resources to continue in operational existence for the next 12 months.
What the accounts disclose
Related-party transaction: Queen's House (Kelso) Limited paid rent of £300,000 to its wholly owned subsidiary, Angraflat Development Company Limited.
“During the year Queen's House (Kelso) Limited paid rent of £300,000 (2024 - £300,000) to Angraflat Development Company Limited.” — page 29
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Angraflat Development Company Limited owed Queen's House (Kelso) Limited £4,182,762, an unsecured, interest-free loan repayable on demand.
“During the year Queen's House (Kelso) Limited paid rent of £300,000 (2024 - £300,000) to Angraflat Development Company Limited.” — page 29
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Queen's House (Kelso) Limited paid for goods and services totalling £173 on behalf of its subsidiary, Angraflat Development Company Limited.
“During the year Queen's House (Kelso) Limited paid rent of £300,000 (2024 - £300,000) to Angraflat Development Company Limited.” — page 29
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Unconditional donations of £30 were received from Trustees and related parties.
“During the year Queen's House (Kelso) Limited paid rent of £300,000 (2024 - £300,000) to Angraflat Development Company Limited.” — page 29
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Queen's House (Kelso) Limited paid for goods and services totalling £348 on behalf of Communities Connected (Scotland) Ltd.
“During the year Queen's House (Kelso) Limited paid rent of £300,000 (2024 - £300,000) to Angraflat Development Company Limited.” — page 29
Per FY2025 accounts as filed with OSCR.