Inverkip, Skelmorlie and Wemyss Bay Church of Scotland
Latest income
£388k
Latest spending
£163k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a surplus for the year, largely driven by a one-off transfer of assets from a merged congregation. The trustees confirm that current unrestricted reserves provide for in excess of 24 months of expected expenditure, indicating strong liquidity. The charity maintains a reserves policy target of holding a minimum of 12 months of expenditure.
What the accounts disclose
Payments to trustees: Mrs Siona Leitch received £5,280 for services as organist.
“During the past year Mrs Siona Leitch, who is a trustee, received £5,280 for providing her services as organist.” — page 15
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee remuneration
“During the past year Mrs Siona Leitch, who is a trustee, received £5,280 for providing her services as organist.” — page 15
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Asset transfer from related charity
“During the past year Mrs Siona Leitch, who is a trustee, received £5,280 for providing her services as organist.” — page 15
Per FY2024 accounts as filed with OSCR.