Greenock: Lyle Kirk (Church of Scotland)
Latest income
£131k
Latest spending
£110k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a surplus of £16,560 for the year ended 31 December 2024, following previous years of operating deficits. The trustees maintain a reserves policy to hold six months' expenditure in unrestricted funds, with actual unrestricted funds totaling £157,227. The filing notes a projected deficit for 2025 due to increased assessment costs following a union with another congregation.
What the accounts disclose
Related-party transaction: Trustee received reimbursement of expenses
“During the year 1 trustee received reimbursement of expenses incurred totaling £2,618.” — page 19
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Donation from trustees to the congregation
“During the year 1 trustee received reimbursement of expenses incurred totaling £2,618.” — page 19
Per FY2024 accounts as filed with OSCR.