Tam O'Shanter Trust
Latest income
£400k
Latest spending
£1.3m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that total unrestricted funds decreased to £13,834,972 from £14,675,713 in the prior year, driven by a net outflow of funds of £859,632 before investment gains. The charity reported no incoming donations, relying entirely on investment income of £400,167 to support charitable expenditures of £1,259,799. The trustees maintain sufficient reserves to cover general expenditure and committed contractual obligations totaling £450,000.
What the accounts disclose
Related-party transaction: The Chairman is a former fund manager for Stewart Investors, which manages two of the Trust's equity funds. The Trust's bankers are Coutts & Co, a subsidiary of RBS, where over half the assets are held.
“significant potential conflicts of interest exist as a result of some of the Trustees also holding positions in organisations which receive donations from the Trust, and/or manage investments on its behalf. These potential conflicts are listed in the Related Party Disclosures section (note 14) of the financial statements.”
Per FY2025 accounts as filed with OSCR.