St Magnus Festival
Latest income
£368k
Latest spending
£293k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported total incoming resources of £368,067 against expenditures of £292,005, resulting in a net increase in funds. The trustees confirm that unrestricted reserves of £343,301 are maintained above the stated policy target of three to six months' expenditure, and resources are adequate for the foreseeable future.
What the accounts disclose
Payments to trustees: Mr A. Nicolson received £47,045 remuneration for director services.
“Mr A. Nicolson, trustee and Artistic Director, received remuneration of £47,045 (2024- £35,869) for director services.” — page 15
Per FY2025 accounts as filed with OSCR.