Struthers Memorial Church
Latest income
£580k
Latest spending
£419k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted funds total £2,767,963, providing a strong financial position with no material debt disclosed. The charity reports a net income of £161,306 for the year, driven by significant investment gains and donations, although charitable expenditure exceeded income from charitable activities alone. The trustees confirm adequate resources for the foreseeable future with no material uncertainties regarding going concern.
What the accounts disclose
Related-party transaction: Prior year transaction only; no current year related party transactions disclosed.
“during the prior year, a Trustee up to the end of February, Chris Jewell, received a salary approved by the Board of Trustees of £5,833 for services as the central treasurer and manager of the Greenock bookshop. The Trustees paid no pension contributions for him.”
Per FY2025 accounts as filed with OSCR.