THE STRATHLEVEN FOUNDATION
Latest income
£1.0m
Latest spending
£296k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the foundation received donations of £1,000,010 and awarded grants of £255,072, resulting in a net income of £704,125 for the period. Per the trustees' report, free reserves stood at £699,800, which the trustees consider adequate to meet cash flow requirements and legal obligations. The foundation intends to distribute its remaining funds and wind up within approximately two years.
What the accounts disclose
Related-party transaction: Donations received from Strathleven Regeneration CIC, where several trustees are directors.
“During the period, donations of £1,000,010 were received from Strathleven Regeneration CIC. Several of the trustees of The Strathleven Foundation are directors of Strathleven Regeneration CIC.” — page 19
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Grant awarded to West Dunbartonshire Council, where trustees are councillors.
“During the period, donations of £1,000,010 were received from Strathleven Regeneration CIC. Several of the trustees of The Strathleven Foundation are directors of Strathleven Regeneration CIC.” — page 19
Per FY2025 accounts as filed with OSCR.