Riverside Evangelical Church
Latest income
£277k
Latest spending
£207k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net surplus of £59,664 for the year ended 31 December 2024, with unrestricted funds totaling £705,090. The trustees consider the level of unrestricted funds to be an acceptable level, noting that total reserves including designated and restricted funds amounted to £915,334. The charity continues to operate on a going concern basis with adequate resources for the foreseeable future.
What the accounts disclose
Payments to trustees: One trustee (Gall) received a salary of £38,041. One trustee was reimbursed £1,095 for expenditure.
“Wages and Salaries costs note 10, include salary and pension contribution costs paid in respect of trustees who were employed in the year. During 2023 | Gall received a salary of £38,041 (2023 £37,764). No other trustees received any remuneration. One trustee incurred expenditure of £1,095 (2023 £1,299) on behalf of the charity and was reimbursed.” — page 17
Per FY2024 accounts as filed with OSCR.
Related-party transaction: One of the trustees is also a trustee for Riverside Community Trust. During the year Restricted Income of £3,775 ( 2023 £1,626) was received for and paid to Riverside Community Trust. Income of £960 {2023 £960) was received from Riverside Community Trust.
“One of the trustees i is also a trustee for Riverside Community Trust. During the year Restricted Income of £3,775 ( 2023 £1,626) was received for and paid to Riverside Community Trust. Income of £960 {2023 £960) was received from Riverside Community Trust.” — page 19
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Another truste: as an employee of Scripture Union Scotland, during 2024 £750 ( 2023 £830) of restricted income was received for and paid over to Scripture Union Scotland
“One of the trustees i is also a trustee for Riverside Community Trust. During the year Restricted Income of £3,775 ( 2023 £1,626) was received for and paid to Riverside Community Trust. Income of £960 {2023 £960) was received from Riverside Community Trust.” — page 19
Per FY2024 accounts as filed with OSCR.