Edinburgh: Newington Trinity Church of Scotland
Latest income
£384k
Latest spending
£477k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net deficit of £50,745 for the year, which was reduced from a budgeted deficit of £50,000. The trustees note that unrestricted funds totalled £2,309,560, but free reserves were only £11,156 after designating £1,900,000 for property assets and £398,404 for reserves.
What the accounts disclose
Reserves position: below the charity's own stated policy
“At the year end the Church held unrestricted funds of £2,309,560, of which £1,900,000 comprised the value of our manse and Church House and £398,404 had been designated as reserves, leaving £11,156 of free reserves.” — page 12
Per FY2024 accounts as filed with OSCR.
Payments to trustees: One trustee received £1,382 for communications costs.
“During the yea received £1,382 for communications costs (2023 £998). Council tax for the manse was £4,616 (2023 £4,497). No other trustees received payments.” — page 24
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee received £1,382 for communications costs.
“During the yea received £1,382 for communications costs (2023 £998). Council tax for the manse was £4,616 (2023 £4,497). No other trustees received payments.” — page 24
Per FY2024 accounts as filed with OSCR.