Lenzie Church of Scotland
Latest income
£240k
Latest spending
£281k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported an operating deficit of £8,755 for the year ended 31 December 2024, though unrestricted cash reserves stood at £68,439. The trustees note that the financial outlook for 2025 remains of concern due to rising energy costs and the removal of the vacancy allowance.
What the accounts disclose
Reserves position: below the charity's own stated policy
“the Trustees view that between three to six months’ expenditure constitutes a prudent reserve. Unrestricted cash funds per Note 16 total £68,439 (2023: £100,495) at the year end, representing approximately 3’2 months’ regular expenditure.”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustees received reimbursement of expenses
“During the year 8 (2023: 8) Trustees received reimbursement of expenses incurred totaling £4,298 (2023: £2,756). No Trustees received remuneration for their position as Trustees during the year (2023: nil). During the year a special collection was received as a retirement gift for 0 was a Trustee until June 2024 totaling £3,705. There were no related party transactions during the year (2023: nil). During the year a total of £37,669 (2023: £43,452) unrestricted giving was donated to the congregation by the Trustees.” — page 16
Per FY2025 accounts as filed with OSCR.