Amcol Scotland Ltd
Latest income
£5.4m
Latest spending
£5.4m
Accounts read
FY2025
Form
Company (the charity is registered with Companies House)
Financial health, per FY2025 accounts
The accounts state that the charity reported a surplus of £42,039 for the year ended 31 July 2025, resulting in total unrestricted funds of £3,016,890. Per the trustees' report, this lower surplus compared to the previous year was primarily due to a £400,000 donation made to its parent company, New College Lanarkshire. The trustees confirm that current and future funding sources are adequate to support the charity's needs and financial liabilities.
What the accounts disclose
Payments to trustees: Trustees' remuneration of £1,390 (2024 £1,085) was paid, consisting of salaries and social security for trustee C Devine.
“The remuneration of £1,390 (2024 £1,085) consists of £169 (2024 £132) class la national insurance and £1,221 (2024 £953) benefit in kind for trustee C Devine.” — page 22
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Morton Raeside, owner of MR Property Services, is a connected person to trustee Cecilia Devine. Costs of £40,556 were paid to MR Property Services for property maintenance and nursery expenses.
“Included within the Statement of Financial Activities are costs of £40,556 (2024 £33,290) and £Nil (2024 £937) paid to MR Property Services in respect of property maintenance and nursery expenses respectively. At the year end a balance remained within trade creditors of £5,466 (2024 £4,817).” — page 29
Per FY2025 accounts as filed with OSCR.
Related-party transaction: New College Lanarkshire is the parent company and a related party. Trustees Cecilia Devine, Iain Clark, and Ann Baxter are employees of New College Lanarkshire, and Trustee Ronald Smith is its Chairperson.
“Included within the Statement of Financial Activities are costs of £40,556 (2024 £33,290) and £Nil (2024 £937) paid to MR Property Services in respect of property maintenance and nursery expenses respectively. At the year end a balance remained within trade creditors of £5,466 (2024 £4,817).” — page 29
Per FY2025 accounts as filed with OSCR.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with OSCR.
Reserves policy: funds are utilised in the current financial year with any surplus being carried forward to the next year and utilised to maintain a high standard of quality childcare within all nurseries (held: £3.0m)
“The charitable company established a reserves policy whereby the funds are utilised in the current financial year with any surplus being carried forward to the next year and utilised to maintain a high standard of quality childcare within all nurseries.” — page 5
Per FY2025 accounts as filed with OSCR.
Largest income source: Childcare facilities
“The charitable company's core income is generated from North Lanarkshire Council, Glasgow City Council and private funding in respect of the provision of childcare.” — page 5
Per FY2025 accounts as filed with OSCR.
Independent examiner: McDaid & Partners
Per FY2025 accounts as filed with OSCR.