Netherlorn (Church of Scotland)
Latest income
£103k
Latest spending
£53k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity operated at a monthly deficit of approximately £321 in 2023, primarily due to £14,507 in manse refurbishment costs. Excluding these one-off refurbishment expenses, the charity reported a monthly surplus of approximately £888. The trustees maintain a reserves policy of approximately £6,000, representing two months' expenditure.
What the accounts disclose
Going concern: doubt noted
“The average monthly expenses are approximately £2,864, resulting in a deficit of approximately £321 per month.”
Per FY2024 accounts as filed with OSCR.