William Duguid Memorial Trust
Latest income
£237k
Latest spending
£164k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity holds unrestricted capital reserves of £9,444,502, while the revenue fund sits at £nil. The trustees' report indicates a policy to preserve capital funds, using only generated income for scholarships, and notes that all surplus income forms part of the capital. The independent examiner reported no matters requiring attention, indicating the accounts comply with regulatory requirements.