Macaulay Development Trust
Latest income
£232k
Latest spending
£1.0m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the Trust reported a net loss of £2,877k for the year ended 30 September 2024, driven by significant assistance funding and infrastructure contributions to the James Hutton Institute. Per the trustees' report, free reserves (unrestricted funds less tangible fixed assets) decreased to £7,498k from £10,175k the previous year, though the Trustees remain satisfied that funds are sufficient for the Trust's needs.