J S Innes Charitable Trust
Latest income
£129k
Latest spending
£150k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £4,803,773.52, representing the total net assets of the charity. The trustees note that as assets are held in ready realisable form, they do not consider it necessary to maintain specific reserves beyond what is needed to meet short-term commitments. The charity reported a net expenditure for the year, with investment returns falling short of the targeted total return.
What the accounts disclose
Reserves position: below the charity's own stated policy
“As the assets of the Trust are held in a ready realisable form the Trustees do not therefore consider it necessary to maintain specific reserves.” — page 3
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Turcan Connell provides legal and accounting services to the Trust for which fees are charged. In the year to 31st March 2025 Turcan Connell fees amounted to £15,762.00 (2024 £22,993.20) of which £1,200.00 (2024 £1,200.00) was outstanding at the year end.
“Turcan Connell provides fegal and accounting services to the Trust for which fees are charged. In the year to 31st March 2025 Turcan Connell fees amounted to £15,762.00 (2024 £22,993.20) of which £1,200.00 (2024 £1,200.00) was outstanding at the year end.” — page 4
Per FY2025 accounts as filed with OSCR.