Charity Accounts Intelreading the accounts so you don’t have to

Hospitality Industry Trust Scotland SCIO

Scottish charity SC047053 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£849k
Latest spending
£939k
Accounts read
FY2024

Financial health, per FY2024 accounts

The accounts state that the charity generated a deficit of £89,669 for the year, primarily due to a strategic increase in scholarship offerings. Despite this deficit, the charity maintains healthy unrestricted free reserves of £538,146, which exceed the Trustees' stated policy target of £300,000, supporting a going concern basis.

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000
“In the band £90,001 - £100,000” — page 31
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee provided event sponsorship of £nil
“Trustee, who provided event sponsorship of £nil (2023: £1,000). No amounts were outstanding at the year end.”
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee provided donation of £3,900 for auction prize
“Trustee, who provided event sponsorship of £nil (2023: £1,000). No amounts were outstanding at the year end.”
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee provided donation of £600 for auction prize
“Trustee, who provided event sponsorship of £nil (2023: £1,000). No amounts were outstanding at the year end.”
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustees' hotels/organisations sponsored/hosted events
“Trustee, who provided event sponsorship of £nil (2023: £1,000). No amounts were outstanding at the year end.”
Per FY2024 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.