United Reformed Church Synod Of Scotland
Latest income
£809k
Latest spending
£513k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that total unrestricted reserves were £4,683,069, with free funds of £1,566,160, which the trustees consider sufficient to meet 12 months' anticipated expenditure. The charity reported a net income of £296,063 for the year, supported by substantial resource sharing income and gains on asset disposals, leading the trustees to conclude the charity is a going concern.
What the accounts disclose
Related-party transaction: The Synod procures educational services from the Scottish College (Congregational and United Reformed). The Synod and College jointly acquired their office property during 2019 and are responsible for an equal share of the running costs.
“The Synod enjoys a close working relationship with the Scottish College (Congregational and United Reformed). The Synod procures educational services from the College. The Synod and College jointly acquired their office property during 2019 and are responsible tor an equal share of the running costs.” — page 19
Per FY2024 accounts as filed with OSCR.