The Macangus Charitable Trust
Latest income
£223k
Latest spending
£342k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a deficit of £119,146 for the year ended 31 December 2024, resulting in a decrease in unrestricted funds to £2,064,227. The trustees consider that there is only one charitable activity and have not separately identified support costs. The charity is dependent on voluntary trustee services and collects licence fees as they fall due.
What the accounts disclose
Related-party transaction: Accountancy fees of £2,000 (2023 £2,000) for the preparation of the Trust accounts and other administrative matters, were incurred from Capstone Family Office Ltd of which Donald Campbell a trustee, is also a director.
“Accountancy fees of £2,000 (2023 £2,000) for the preparation of the Trust accounts and other administrative matters, were incurred from Capstone Family Office Ltd of which Donald Campbell a trustee, is also a director.” — page 10
Per FY2024 accounts as filed with OSCR.