Glasgow: Maryhill Ruchill Parish Church of Scotland
Latest income
£280k
Latest spending
£279k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net increase in funds of £40,965 for the year, driven by investment gains of £40,371 which offset an operating deficit. The trustees' report notes that unrestricted reserves stood at £1,637,509, significantly exceeding the stated policy target of up to one year's expenditure. The charity holds substantial fixed assets valued at £1,013,885 and maintains cash reserves of £135,392 within the General Fund.
What the accounts disclose
Related-party transaction: Trustee (Minister) received reimbursement of expenses
“During the year one trustee (the Minister) received reimbursement of expenses incurred in respect of council tax, travel and other expenses totalling £6,367 (2023 - £5,607). No trustee or person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. During the year, a total of £12,042 (2023 - £11,842) was donated to the congregation by Trustees.” — page 16
Per FY2024 accounts as filed with OSCR.