Giving More International
Latest income
£788k
Latest spending
£871k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity held unrestricted reserves of £2,015 and restricted reserves of £1,877 at the year end, resulting in a net decrease in funds of £83,172 for the period. The trustees consider the financial position to be sound given the low level of fixed costs and ongoing support from The Edrington Group Limited. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The charity does not require to hold a significant level of general reserves given the low running costs and support from The Edrington Group.” — page 5
Per FY2025 accounts as filed with OSCR.
Related-party transaction: All the Trustees are employees of the Edrington Group, donations in the year from the Edrington group totalled £622,721 in 18-month period (2023; £664,970 in a year).
“All the Trustees are employees of the Edrington Group, donations in the year from the Edrington group totalled £622,721 in 18-month period (2023; £664,970 in a year). One Trustee was also a Trustee of Scottish Cycling Foundation, donations totalling £18,722 (2023; £nil) were made to Scottish Cycling Foundation.” — page 21
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Donations to Scottish Cycling Foundation, a related party where one Trustee is also a Trustee.
“All the Trustees are employees of the Edrington Group, donations in the year from the Edrington group totalled £622,721 in 18-month period (2023; £664,970 in a year). One Trustee was also a Trustee of Scottish Cycling Foundation, donations totalling £18,722 (2023; £nil) were made to Scottish Cycling Foundation.” — page 21
Per FY2025 accounts as filed with OSCR.