Gorebridge Parish Church (Church of Scotland)
Latest income
£313k
Latest spending
£313k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that total reserves stood at £171,872, with unrestricted general funds at £5,111. The trustees report that high expenditure forced the withdrawal of £4,000 from the reserve fund, leaving £1,000 in that specific designated fund. The charity acknowledges the risk of insufficient income as a major challenge but maintains that rigorous internal controls are in place.
What the accounts disclose
Reserves position: below the charity's own stated policy
“High expenditure this year has forced us to take £4,000 out of the reserve fund to pay the Bridge to Freedom fees, leaving £1,000 in that fund. We hold £7,314, a legacy for fabric projects.” — page 7
Per FY2024 accounts as filed with OSCR.