Diocese Of Moray Ross & Caithness
Latest income
£493k
Latest spending
£595k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the Diocese reported a net deficit of £6,071 for the year ended 30 September 2024, which was budgeted for and met from reserves. The Diocese holds total funds of £1,505,956, including £1,256,833 in unrestricted funds, and the trustees consider these reserves adequate to maintain activities for a reasonable period if funding drops. The Diocese remains dependent on quota contributions and Provincial grants, with the Mission Provision fund projected to be depleted in two years at the current rate of assistance.
What the accounts disclose
Related-party transaction: The Crask Inn Ltd was incorporated in June 2023 to run The Crask Inn on behalf the charity. During the year the charity paid expenses of £37,267 (2023 - £30,844) on behalf of The Crask Inn Ltd. Therefore, the total due back is £68,111.
“The Crask Inn Ltd was incorporated in June 2023 to run The Crask Inn on behalf the charity. During the year the charity paid expenses of £37,267 (2023 - £30,844) on behalf of The Crask Inn Ltd. Therefore, the total due back is £68,111. These expenses will be refunded to the charity in due course.” — page 20
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Payments were made to the Diocesan Registrar's firm for legal services provided amounting to £28,518.
“The Crask Inn Ltd was incorporated in June 2023 to run The Crask Inn on behalf the charity. During the year the charity paid expenses of £37,267 (2023 - £30,844) on behalf of The Crask Inn Ltd. Therefore, the total due back is £68,111. These expenses will be refunded to the charity in due course.” — page 20
Per FY2025 accounts as filed with OSCR.