Fife Coastal Trinity Parish Church of Scotland (Colinsburgh, Elie, Kilconquhar, Largo and St Monan’s)
Latest income
£117k
Latest spending
£108k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity held unrestricted income funds of £695,013 at year-end, which exceeds its stated reserves policy target of approximately three months' expenditure. Per the trustees' report, the charity maintains a strong balance sheet with total net assets of £771,091, supported by significant fixed asset investments.
What the accounts disclose
Payments to trustees: Salary payments of £25,035 were paid to two trustees during the year.
“Salary payments of £25,035 (2023 - £3,708) were paid to two trustees during the year.” — page 16
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Payroll services by Examiner's firm
“Payroll services are provided by the firm in which the Independent Examiner is a Partner.” — page 15
Per FY2024 accounts as filed with OSCR.