Port Glasgow: New Parish Church (Church of Scotland)
Latest income
£514k
Latest spending
£304k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that total gross income for the year ended 31 December 2024 was £513,718, a significant increase from the previous year, driven largely by legacies totaling £156,958. Total expenditure was £304,398, resulting in unrestricted funds of £259,308 at year-end, which the trustees note represents more than two months of expenditure. The trustees' report highlights that the national Church is facing tough times with declining attendance and resources, but the local congregation remains active and financially stable.
What the accounts disclose
Going concern: doubt noted
“The Church of Scotland continues to battle through some very tough times. We are seeing a decline in buildings, Minister numbers, staff numbers within our central office and numbers attending our Churches.” — page 5
Per FY2024 accounts as filed with OSCR.