Arbroath and District Church of Scotland
Latest income
£2.8m
Latest spending
£775k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that unrestricted funds stood at £2,179,860, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income of £2,133,853 for the year, largely driven by the accounting treatment of union transfers, while total expenditure was £775,160. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties identified by the auditors.
What the accounts disclose
Related-party transaction: Trustee employed by Church of Scotland; contribution paid to CoS for salary
“A Trustee employed by the Church of Scotland served as Children & Family Worker for Arbroath and District Church of Scotland. During the year, a contribution of £16,409.61 was paid directly to the Church of Scotland towards this Trustee’s salary; no payments were made directly to the Trustee.” — page 28
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee's daughter employed as Administrator
“A Trustee employed by the Church of Scotland served as Children & Family Worker for Arbroath and District Church of Scotland. During the year, a contribution of £16,409.61 was paid directly to the Church of Scotland towards this Trustee’s salary; no payments were made directly to the Trustee.” — page 28
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Two individuals served as both Trustees and employees
“A Trustee employed by the Church of Scotland served as Children & Family Worker for Arbroath and District Church of Scotland. During the year, a contribution of £16,409.61 was paid directly to the Church of Scotland towards this Trustee’s salary; no payments were made directly to the Trustee.” — page 28
Per FY2024 accounts as filed with OSCR.