Peoples Church
Latest income
£121k
Latest spending
£142k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure of £20,614 for the year ended 5 April 2025, compared to a deficit of £596 in the prior year. Per the trustees' report, unrestricted funds of £236,800 remain above the stated policy target of three months' unrestricted expenditure, indicating adequate reserves despite the current year's loss.
What the accounts disclose
Related-party transaction: Elaine Morrison, wife of Trustee David Morrison, was employed by the church to provide secretarial assistance. Her gross salary was £12,540 (2024 -£12,540).
“During the year, Elaine Morrison, wife of David Morrison, Trustee, was employed by the church to provide secretarial assistance. Her gross salary was £12,540 (2024 -£12,540). There were no other related party transactions in the reporting year requiring disclosure.”
Per FY2025 accounts as filed with OSCR.