Polwarth Parish Church, Edinburgh (Church of Scotland)
Latest income
£315k
Latest spending
£213k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a General Fund deficit of £19,996 for the year ended 31 December 2024, driven by a significant transfer of the manse sale proceeds to the General Trustees. Per the trustees' report, unrestricted reserves fell to £18,943, representing approximately one month's expenditure against a policy target of three months. The charity notes that if the current financial trend continues, there will need to be a release of cash from investments to manage cash flow.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The remaining balance of £18,943 (2023 £38,940) represents about one months’ expenditure.” — page 6
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustees donated to the congregation
“The amount donated to the congregation by Trustees was £13,419 in 2023 and £16,730 in 2024.” — page 15
Per FY2025 accounts as filed with OSCR.