Edina Trust
Latest income
£171k
Latest spending
£1.5m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity is in the process of winding down its operations with a target completion date around 2027. Per the trustees' report, unrestricted reserves stood at £6,370,850 at the end of the financial year, with a policy to spend out reserves over approximately ten years to reach a target of roughly £1.5 million. The trustees have concluded that the Trust has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Related-party transaction: The Trust Secretary and her team working on Edina Trust’s charitable projects are located within a building owned by the Kirkhouse Trust SCIO (SC 047432). A legal agreement signed by the two sets of Trustees in 2024 and entitled: “Shared Use Agreement relating to Assets of the Kirkhouse Trust and Edina Trust” governs the relationship between the two charities. For ease of administration, all staff who work on Edina Trust projects are employed by the Kirkhouse Trust and their employment costs are fully reimbursed by Edina Trust. Sir Edwin Southern is a Trustee of both charities.
“For ease of administration, all staff who work on Edina Trust projects are employed by the Kirkhouse Trust and their employment costs are fully reimbursed by Edina Trust. Sir Edwin Southern is a Trustee of both charities.”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Sir Edwin Southern is a Trustee of both Edina Trust and Kirkhouse Trust SCIO.
“For ease of administration, all staff who work on Edina Trust projects are employed by the Kirkhouse Trust and their employment costs are fully reimbursed by Edina Trust. Sir Edwin Southern is a Trustee of both charities.”
Per FY2025 accounts as filed with OSCR.