Cumbernauld: Trinity Parish Church of Scotland
Latest income
£163k
Latest spending
£95k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity ended the year with a surplus of £67,969 and unrestricted cash funds of £66,709. Per the trustees' report, these unrestricted funds represent approximately five months of expenditure, which is noted as being short of the desired reserves policy target of six months.
What the accounts disclose
Highest-paid employee band: £30,001 - £40,000
“For the year under review the minimum stipend was £31,642 and the maximum stipend (in the fifth and subsequent years) £38,884.”
Per FY2024 accounts as filed with OSCR.
Reserves position: below the charity's own stated policy
“The remaining balance of £52,330 represents about five months expenditure. This is short of the desired reserves and the Trustees hope to improve on this in the coming year.” — page 11
Per FY2024 accounts as filed with OSCR.