Greyfriars Free Church
Latest income
£198k
Latest spending
£195k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net incoming resource of £48,011 for the year ended 31 December 2024, an increase from the previous year's £5,475. Per the trustees' report, free reserves stood at £68,978, which is significantly above the stated policy target of three months' unrestricted expenditure (£16,143). The charity maintains total reserves of £1,381,618, supported by investment properties and fixed asset investments.
What the accounts disclose
Related-party transaction: Purchase of goods/services from Northern Security Alarms Limited, a company whose directors include two of the trustees.
“During the year, the Church purchased goods and services to the value of £470 (2023 - £343) from Northern Security Alarms Limited, a company whose directors include two of the trustees.” — page 24
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Purchase of goods/services from A MacRaild & Son Joiner Contractors, a business whose owners include two of the trustees.
“During the year, the Church purchased goods and services to the value of £470 (2023 - £343) from Northern Security Alarms Limited, a company whose directors include two of the trustees.” — page 24
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Donations received from trustees.
“During the year, the Church purchased goods and services to the value of £470 (2023 - £343) from Northern Security Alarms Limited, a company whose directors include two of the trustees.” — page 24
Per FY2025 accounts as filed with OSCR.