Scottish Orthopaedic Research Trust into Trauma
Latest income
£222k
Latest spending
£295k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net surplus of £83,713 for the year ended 31 March 2025, which significantly improved its financial position from the previous year's deficit. However, the charity still holds net liabilities of £38,241, predominantly due to £65,000 owed to NHS Lothian for employee cost recharges. The trustees confirm the entity remains a going concern, noting that staff costs are recharged by NHS Lothian rather than directly employed.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The reserves policy is that we should seek to build reserves equivalent to twelve months expenditure to cover such an eventuality.” — page 4
Per FY2025 accounts as filed with OSCR.
Related-party transaction: IT services charged by Paul Jenkins Limited, a company owned by trustee Paul Jenkins.
“During the year, the charitable company was charged £814 (2024: £756) for IT services by Paul Jenkins Limited, a company owned by one of the trustees, Paul Jenkins.” — page 14
Per FY2025 accounts as filed with OSCR.