Sylvia Aitken's Charitable Trust
Latest income
£449k
Latest spending
£417k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the Trust reported a net deficit of £100,205 for the year ended 5 April 2025, driven by investment losses. Despite this, the Trust holds significant unrestricted reserves of £3,816,658, which the trustees consider sufficient to continue operations and fund future charitable donations.
What the accounts disclose
Related-party transaction: A trustee is the proprietor of Fergusons Chartered Accountants, the charity's trust managers. The charity paid £38,000 for day-to-day management, accountancy, and professional services.
“A trustee of the charity, is also the proprietor of Fergusons Chartered Accountants, the charity's trust managers. During the year, the sum of £38,000 (2024: £38,000) was payable by the charity to Fergusons for day to day management of the Trust, accountancy and professional services.” — page 18
Per FY2025 accounts as filed with OSCR.