Motherwell St Marys Parish Church of Scotland
Latest income
£197k
Latest spending
£211k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity's financial structure remains sound despite a falling membership and rising costs, with total receipts increasing to £197,176 in 2024. Expenditure rose to £210,646, largely due to designated reserve funds being spent on building improvements and increased energy costs. The trustees report that unrestricted cash reserves of £69,876 are held, with the remaining unrestricted balance representing approximately one and a half months' expenditure.
What the accounts disclose
Highest-paid employee band: £10,001 - £20,000
“who is a member of the Kirk Session received £16,363 (2023 - £15,488) as Church Officer.” — page 10
Per FY2024 accounts as filed with OSCR.
Reserves position: below the charity's own stated policy
“The remaining balance of £17,527 represents approximately one and a half months' expenditure and while this is lower than would normally be expected the Trustees are happy with the total overall reserves.” — page 5
Per FY2024 accounts as filed with OSCR.
Payments to trustees: Trustees received remuneration for roles as Church Secretary (£1,378), Church Officer (£16,363), and Church Organist (£7,684). A person related to trustees received payment as Church Administrator (£3,217).
“who is a member of the Kirk Session received £1,378 (2023 - £5,329) as Church Secretary. who is a member of the Kirk Session received £16,363 (2023 - £15,488) as Church Officer. who is a member of the Kirk Session received £7,684 (2023 - £7,318) as Church Organist.” — page 10
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee remuneration
“who is a member of the Kirk Session received £1,378 (2023 - £5,329) as Church Secretary.” — page 10
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee remuneration
“who is a member of the Kirk Session received £1,378 (2023 - £5,329) as Church Secretary.” — page 10
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee remuneration
“who is a member of the Kirk Session received £1,378 (2023 - £5,329) as Church Secretary.” — page 10
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Related party payment
“who is a member of the Kirk Session received £1,378 (2023 - £5,329) as Church Secretary.” — page 10
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee donations
“who is a member of the Kirk Session received £1,378 (2023 - £5,329) as Church Secretary.” — page 10
Per FY2024 accounts as filed with OSCR.