St Paul & St Georges Church: Edinburgh
Latest income
£1.2m
Latest spending
£1.2m
Accounts read
FY2025
Form
Unincorporated association
Financial health, per FY2025 accounts
The accounts state that the charity reported a net income of £240,945 for the year ended 30 September 2024, a significant improvement from the previous year's net expenditure. Total funds increased to £1,552,070, with unrestricted reserves standing at £1,470,494, providing a stable financial position as the Vestry prepares a new five-year strategy.
What the accounts disclose
Payments to trustees: Vestry remuneration included in staff costs is £52,703 (2023: £64,742) and relates only to the Key Management Personnel, which for this purpose only comprise the Rector and Associate Rector. In addition, the church paid social security costs and pension contributions to members of Key Management Personnel of £20,689 (2023: £25,102).
“The Vestry remuneration included in the above figure is £52,703 (2023: £64,742) and relates only to the Key Management Personnel, which for this purpose only comprise the Rector and Associate Rector.” — page 21
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Ordinands support
“The Micah Fund paid a grant in line with its support of Ordinands in training for £nil in 2024 (2023 £1,000).”
Per FY2025 accounts as filed with OSCR.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with OSCR.
Reserves policy: unclear (held: £1.5m)
“Reserves are reviewed on a regular basis with the aim of holding reserves at such a level to ensure the ongoing financial stability and operation of the charity.” — page 7
Per FY2025 accounts as filed with OSCR.
Independent examiner: Thomson Cooper
Per FY2025 accounts as filed with OSCR.