St Margarets Episcopal Church: Newlands

Scottish charity SC008953 · record on the Scottish Charity Register (OSCR) · accounts PDF

Financial health, per FY2025 accounts

The accounts state that the charity reported a deficit of £83,640 on its general fund for the year ended 31 August 2024, which was mitigated by legacies, property gains, and investment gains. The Vestry describes the underlying financial picture as weak and notes that congregational income is significantly less than one third of total expenditure, creating a reliance on investment and community income. However, the balance sheet is described as healthy with total reserves of £624,536, allowing the trustees to confirm the going concern basis.