Mckenzie Sisters Charitable Trust
Latest income
£104k
Latest spending
£16k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £90,372.11, which the Trustees consider sufficient for the continuation of the trust. The charity reported a deficit for the year as administrative costs exceeded investment income, resulting in a net decrease in assets.
What the accounts disclose
Related-party transaction: Thorntons Law LLP provides administration services and is a connected party because its owner, Pagan Osborne & Grace Trustees Ltd, is a Trustee.
“Thorntons Law LLP carry out administration work for the Trust and are deemed to be a connected party by virtue of Pagan Osborne & Grace Trustees Ltd, which is owned by Thorntons, being a Trustee.” — page 3
Per FY2025 accounts as filed with OSCR.