Charity Accounts Intelreading the accounts so you don’t have to

St Luke's Greek Orthodox Church: Glasgow

Scottish charity SC009396 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£195k
Latest spending
£216k
Accounts read
FY2024

Financial health, per FY2024 accounts

The accounts state that the charity reported a net movement in funds of a deficit of £18,946 for the year ended 31 December 2024, compared to a surplus in the prior year. The trustees note that the charity is dependent on continued support from the Stakis Foundation to meet its liabilities and maintain operational existence. Unrestricted reserves stood at £58,937 at year-end, while total funds were £131,853.

What the accounts disclose

Going concern: doubt noted
“The Church is dependent upon the continued support of the Stakis Foundation through the ST Luke’s trust. Because of this support it has been able to meet its liabilities as and when they fall due, and therefore the trustees have been able to prepare the accounts on a going concern basis.” — page 16
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Donations received from Stakis Foundation via St Luke's Trust for specific costs.
“The Stakis Foundation through the ST Luke’s TRust gives donations for specific costs incurred by the Church. This is included in donations and legacies.” — page 24
Per FY2024 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.