finance

One of Scotland’s oldest charities appoints liquidator


Henderson Loggie has been appointed provisional liquidator to Balnacraig School, one of Scotland’s oldest charities, which last month announced it would stop providing care for young people from December.

Balnacraig has cared for around 2,000 children since the charity was established in Perth in the wake of the industrial revolution in 1843 to help girls left abandoned and homeless because of overcrowding in cities and towns.

Since 1950 it has operated from a large listed baronial mansion at Fairmount Terrace in Perth, which was put up for sale in 2019, with the aim of opening more houses suitable for small group living.

Balnacraig has 28 employees in a mix of care, education, finance, admin and maintenance roles. There will be four immediate redundancies, with the remaining staff being retained until their services are no longer needed.



Since 1950 the charity has operated from the listed baronial mansion at Fairmount Terrace in Perth

David Law, chair of the board of trustees at Balnacraig School, said: “It is with great sadness and regret that we made the decision to seek liquidation.

“The key factor that determined the decision to stop providing care was a lack of referrals which suggested that there is no longer a need for the sort of service we provide.

“Our hope however, had been that we would to be able to continue as a charity for young people; our ability to continue was linked to the sale of the properties at Fairmount Terrace.

“Unfortunately, these sales have fallen through, and we have been left with no choice, given we are no longer receiving referrals, but to seek liquidation,” he continued.

“Fortunately, our plans for our young people to move on are well advanced and the decision to seek liquidation will have no effect on these plans, however unfortunately, staff will be directly affected.”

Shona Campbell, business recovery and insolvency partner at Henderson Loggie, said: “Efforts were made by the leadership team at Balnacraig School to adapt its services to meet the changing needs of the young people it was set up to support.

“Provision has been made to provide continuity of care and we will work with the relevant authorities to ensure a smooth transition.

“We are very grateful to staff for their ongoing support, and we will work with them to ensure they receive their employment entitlements from the government.”

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