David Cargill House
Latest income
£2.2m
Latest spending
£2.2m
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net surplus of £22,546 for the year, with total reserves increasing to £1,325,394. However, the organization holds negative free reserves of £221,506, which is below its stated policy target of three months of unrestricted expenditure. The trustees confirm the charity has adequate resources to continue as a going concern, relying on continued financial support from the David William Traill Cargill Fund.
What the accounts disclose
Related-party transaction: Grants from DWT Cargill Fund
“The charity received grants from DWT Cargill Fund of £55,674.”
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Resident fees paid by Trustees
“The charity received grants from DWT Cargill Fund of £55,674.”
Per FY2024 accounts as filed with OSCR.