St Augustine's Episcopal Church: Dumbarton
Latest income
£157k
Latest spending
£128k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity received a substantial legacy and has a surplus for the year, allowing it to repay a loan and meet obligations. However, the trustees note that ongoing giving is vital for the church to continue and highlight that heating costs are not sustainable in the longer term. The charity holds unrestricted reserves of £28,904 and designated reserves of £12,150.
What the accounts disclose
Going concern: doubt noted
“During the year we received a very substantial legacy which enabled the Church to repay an interest free loan from the Diocese and to meet its ongoing financial obligations. Legacies are one off receipts and ongoing congregation giving and fundraising is vital to enable the church to continue in its present form.” — page 4
Per FY2025 accounts as filed with OSCR.