Sistema Scotland
Latest income
£5.4m
Latest spending
£5.9m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity held free unrestricted reserves of £2,487,936 at year-end, which is in line with its policy of holding four months' projected expenditure. The charity reported a net surplus of £412,899 for the year, bolstered by a significant rise in private sector funding and continued public sector support.
What the accounts disclose
Highest-paid employee band: £60,001 - £70,000
“Five employees received remuneration between £60,000 - £69,999 in 2025” — page 26
Per FY2025 accounts as filed with OSCR.
Related-party transaction: One Director is also Director of the Royal Conservatoire of Scotland. During the year the charity paid the Royal Conservatoire of Scotland fees for services totalling £986 (2024: £2,369). During the year the charity received from the Royal Conservatoire of Scotland £1,500 (2024: £1,500).
“One Director is also Director of the Royal Conservatoire of Scotland. During the year the charity paid the Royal Conservatoire of Scotland fees for services totalling £986 (2024: £2,369). During the year the charity received from the Royal Conservatoire of Scotland £1,500 (2024: £1,500). At the year end there was a creditor balance of £Nil (2024; £Nil) due to the Royal Conservatoire of Scotland.” — page 30
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Two Directors are also Directors of the Corra Foundation. During the year the charity received grants from the Corra Foundation (CYPFAL) totalling £208,862 (2024: £406.402).
“One Director is also Director of the Royal Conservatoire of Scotland. During the year the charity paid the Royal Conservatoire of Scotland fees for services totalling £986 (2024: £2,369). During the year the charity received from the Royal Conservatoire of Scotland £1,500 (2024: £1,500). At the year end there was a creditor balance of £Nil (2024; £Nil) due to the Royal Conservatoire of Scotland.” — page 30
Per FY2025 accounts as filed with OSCR.
Related-party transaction: One Director is also Vice Chair of the Scottish Ballet. During the year the charity paid the Scottish Ballet a contribution to HAS Launch event of £100 (2024: £Nil).
“One Director is also Director of the Royal Conservatoire of Scotland. During the year the charity paid the Royal Conservatoire of Scotland fees for services totalling £986 (2024: £2,369). During the year the charity received from the Royal Conservatoire of Scotland £1,500 (2024: £1,500). At the year end there was a creditor balance of £Nil (2024; £Nil) due to the Royal Conservatoire of Scotland.” — page 30
Per FY2025 accounts as filed with OSCR.
Related-party transaction: One Director is also the Chairman of the National Galleries of Scotland. During the year the charity received £1,056 (2024: £Nil) towards travel costs.
“One Director is also Director of the Royal Conservatoire of Scotland. During the year the charity paid the Royal Conservatoire of Scotland fees for services totalling £986 (2024: £2,369). During the year the charity received from the Royal Conservatoire of Scotland £1,500 (2024: £1,500). At the year end there was a creditor balance of £Nil (2024; £Nil) due to the Royal Conservatoire of Scotland.” — page 30
Per FY2025 accounts as filed with OSCR.