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The Glasgow Academicals War Memorial Trust

Scottish charity SC015638 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£24.0m
Latest spending
£23.4m
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the Trust reported a net operating surplus of £609,944 and holds unrestricted reserves of £32,856,320. The Trustees confirm the organization is well-placed to continue operations with no material uncertainties regarding going concern. The Trust operates with no external borrowing and maintains robust liquidity.

What the accounts disclose

Reserves position: below the charity's own stated policy
“This year, we did not achieve that target due to the absorption of VAT on school fees introduced from 1st January 2025.” — page 9
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Fees paid by parent Governors are at normal rate; no remuneration/benefits/expenses received by Governors.
“During the 2024/25 academic year, seven Governors had a total of twelve children at the school. Fees paid by parent Governors are all at the normal rate and Governors do not receive remuneration, benefits, or expenses.” — page 31
Per FY2025 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.