Mellerstain Trust
Latest income
£487k
Latest spending
£488k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the Trust incurred a deficit on unrestricted income of £938 and a net investment loss of £17,150, resulting in a net outgoing resource of £18,088. To offset this cumulative deficit, the Trustees transferred £18,088 from the Endowment Fund to the Unrestricted Income Fund. The Trustees report that they have adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The Unrestricted Income Fund represents the unrestricted funds arising from operating results. The Trust has incurred a deficit for the year and the Unrestricted Income Fund is supported from transfers from the Endowment Fund.” — page 5
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Donation of £65,000 received from Borders Sculpture Park, an organization where trustees have a controlling/significant interest.
“During the year a donation of £65,000 (2024: £ Nil) was received from Borders Sculpture Park, an organisation in which one or more of the charity’s trustees have a controlling or significant interest.” — page 18
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Unrestricted donations of £30,000 received from Trustees.
“During the year a donation of £65,000 (2024: £ Nil) was received from Borders Sculpture Park, an organisation in which one or more of the charity’s trustees have a controlling or significant interest.” — page 18
Per FY2025 accounts as filed with OSCR.