Peebles Old Parish Church Of Scotland
Latest income
£107k
Latest spending
£137k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that expenditure exceeded income for the year, resulting in a net decrease in total funds. The charity holds unrestricted reserves of £36,344, which is below its stated policy target of approximately six months' expenditure. The trustees confirm that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves position: below the charity's own stated policy
“At the year end the church held Unrestricted Funds of £36,344 (2023: £58,768).” — page 4
Per FY2024 accounts as filed with OSCR.