Galashiels Parish Church of Scotland
Latest income
£130k
Latest spending
£154k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity incurred a deficit of £24,735 for the year ended 31 December 2024, resulting in a decrease in total funds from £228,443 to £203,708. The trustees' report notes that the principal sources of income are offerings and rental income, while the reserves policy is to hold approximately three months' expenditure. The independent examiner confirmed that the accounts comply with regulations and no material issues were identified during the examination.
What the accounts disclose
Highest-paid employee band: £30,001 - £40,000
“For the year under review the minimum stipend was £31,642 and the maximum stipend in 5th and subsequent years of service was £38,884”
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Minister's expenses reimbursed
“Our minister, received the following expenses:- Council Tax £2659.77 Contribution to phone/broadband expenses £306.32. From Cochrane Trust £59.37. Special Birthday gift £267.”
Per FY2024 accounts as filed with OSCR.