Houston and Killellan Kirk (Church of Scotland)
Latest income
£238k
Latest spending
£223k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that unrestricted reserves stood at £137,259, with a designated amount of £45,002 for the Fabric Fund, leaving £92,257 in the General Fund. The trustees consider this level of reserves satisfactory to meet general running costs and any expected increase in expenditure in 2025. The charity holds no investments and relies on bank deposits and contributions to the National Stipend Fund for its ministerial costs.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The remaining balance of £92,257 represents approximately 6 months expenditure, to meet the general running costs of the church. Although costs are expected to increase in 2025, the Trustees are satisfied that this level of reserves is satisfactory to meet any such increase.” — page 4
Per FY2024 accounts as filed with OSCR.
Related-party transaction: The document states that council tax on the manse was paid on behalf of the minister, who is a trustee. It also notes reimbursement of travel expenses to the minister. No personal interest in contracts was held by trustees or related persons.
“During the year, 1 trustee received reimbursement of expenses incurred totalling £2,307. This was paid in respect of travel expenses to our minister. Council tax on the manse, amounting to £365 was also paid on behalf of the minister. No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.” — page 14
Per FY2024 accounts as filed with OSCR.