The Clutha Trust SCIO
Latest income
£1.1m
Latest spending
£1.1m
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity incurred a net deficit of £2,925 for the year, resulting in total funds being in a deficit of £7,400 at year-end. The trustees consider it appropriate to prepare the financial statements on a going concern basis, citing confidence in the trust's ability to continue operating and an improving position since the financial year end.
What the accounts disclose
Related-party transaction: Rent payable to Firthport Limited, a company under the control of one of the trustees, at a cost of £75,000 per annum.
“Rent is payable to Firthport Limited, a company under the control of one of the trustees, at a cost of £75,000 per annum.” — page 22
Per FY2024 accounts as filed with OSCR.