Glasgow Cathedral (St Mungo's or High), Church of Scotland
Latest income
£189k
Latest spending
£221k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that unrestricted funds total £1,232,508, with a reserves policy to hold funds for normal and exceptional future expenditure. However, the General Fund ran an operating deficit of £6,000, and the Music Fund ran a £25,000 deficit, leading to the periodic withdrawal of £50,000 from investments to meet liquidity needs.
What the accounts disclose
Related-party transaction: Trustee remuneration/payment
“Mr and Mrs Collie, Elders, operate a Media Company- Collie Productions, which billed £5,276, (2023 - £2,310) for admin IT services.” — page 18
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee donation
“Mr and Mrs Collie, Elders, operate a Media Company- Collie Productions, which billed £5,276, (2023 - £2,310) for admin IT services.” — page 18
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee expense reimbursement
“Mr and Mrs Collie, Elders, operate a Media Company- Collie Productions, which billed £5,276, (2023 - £2,310) for admin IT services.” — page 18
Per FY2024 accounts as filed with OSCR.