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Episcopal Diocese Of Argyll And The Isles

Scottish charity SC005375 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£753k
Latest spending
£493k
Accounts read
FY2024

Financial health, per FY2024 accounts

The accounts state that the Diocese recorded a group surplus of £290,773 for the year ended 30 November 2024, driven by a significant legacy receipt of approximately £321,500. Per the trustees' report, free reserves are £438,701, which is below the stated policy target of six months' operating costs, although total unrestricted funds stand at £1,038,011.

What the accounts disclose

Related-party transaction: Treasurer is a director/shareholder of the accountants; fees paid to firm.
“Treasurer of the Diocese is a director and shareholder of Ainsley Smith & Co. Chartered Accountants. Accountancy fees of £6,708 (2023 - £6,874) were paid to the firm by the charity during the year. The total fees charged to the group in the year amounted to £14,043 (2023: £11,900), £7,500 of this is included in group’s accruals at 30 November 2024 (2023: £11,900). Except for the transactions noted above no other trustee or other person related to the charity had a personal interest in any contract or transaction entered into by the charity during the year.” — page 23
Per FY2024 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.