Abbeyfield Kirkcaldy Society Ltd
Latest income
£1.8m
Latest spending
£1.8m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity incurred a small net deficit of £2,654 for the year ended 30 September 2024, driven by high operational costs and insufficient government funding for care. Despite this deficit, the charity maintains total funds of £1,681,042 and reports high occupancy levels of 99% for its residential care home. The trustees note that the cost of statutory wage increases has not been matched by government funding, creating ongoing financial pressure.
What the accounts disclose
Highest-paid employee band: £60,001 - £70,000
“One employee received remuneration of more than £60,000 in the year ended 30th September 2024; none for the year ended 30th September 2023.” — page 16
Per FY2025 accounts as filed with OSCR.
Related-party transaction: A member of the Executive Committee is a partner in Sinclair Watt architects, who were paid £7,260 for design work.
“is a partner in Sinclair Watt architects who are engaged by the Society to carry out the design work for its current development schemes. Fees of £7,260 have been paid to Sinclair Watt (£17,044 in 2022/23)” — page 16
Per FY2025 accounts as filed with OSCR.