George Heriot's Trust
Latest income
£27.2m
Latest spending
£26.1m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the group generated a total net surplus of £1,598,226 for the year ended 31 July 2025, driven by donation income and gains on the investment portfolio. Per the trustees' report, unrestricted net current assets decreased by 12.6% to £3,603,683, while total funds stood at £72,264,861, comprising unrestricted funds of £60,164,234 and restricted and endowed funds of £12,100,627.
What the accounts disclose
Related-party transaction: Heriot Enterprises Limited
“During the year the wholly-owned subsidiary Heriot Enterprises Limited charged the Trust a donation of £22,617 (2024: £25,257), being a distribution out of the subsidiary’s profits made in the prior year. At 31 July 2025 £53,164 (2024: £42,587) was owing to the Trust.” — page 54
Per FY2025 accounts as filed with OSCR.
Related-party transaction: The Heriot’s Centre for Sport and Exercise Limited
“During the year the wholly-owned subsidiary Heriot Enterprises Limited charged the Trust a donation of £22,617 (2024: £25,257), being a distribution out of the subsidiary’s profits made in the prior year. At 31 July 2025 £53,164 (2024: £42,587) was owing to the Trust.” — page 54
Per FY2025 accounts as filed with OSCR.