Edinburgh: The New Town Church of Scotland
Latest income
£831k
Latest spending
£446k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a significant increase in net assets to £2,741,833, driven by a large surplus and property gains. Per the trustees' report, unrestricted undesignated reserves totalled £1,054,394, which is significantly more than the policy target of six months' normal expenditure. The charity holds substantial designated funds for fabric costs and has no disclosed pension deficits or trading subsidiaries.
What the accounts disclose
Related-party transaction: Trustees donated £36,859 to the congregation
“During the year, a total of £36,859 (2023 - £36,754) was donated to the congregation by the trustees.” — page 25
Per FY2024 accounts as filed with OSCR.