The Auld Kirk Of Ayr Church of Scotland
Latest income
£111k
Latest spending
£112k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity incurred a net deficit of £49,019 for the year ended 31 December 2024, resulting in a negative General Fund balance. The Trustees explicitly expressed concern regarding these continuing deficits and stated they are addressing the issue as a matter of urgency. Despite the deficit, the charity holds total unrestricted and restricted funds of £667,808, including significant fixed assets valued at £522,500.
What the accounts disclose
Going concern: doubt noted
“The Trustees are concerned about continuing deficits and are addressing this problem as a matter of urgency.” — page 3
Per FY2025 accounts as filed with OSCR.
Payments to trustees: The accounts state that a Church Officer received £6,150 as remuneration and £6,141 in expenses. Another individual received £3,745 for Council Tax on the Manse. These appear to be trustees or connected officers.
“Remuneration & Expenses- received £6,150 as Church Officer. Council Tax of £1,500 was also paid, in respect of Kirkhouse, received £ 6,141 in expenses. £3745 was also paid in respect of Council Tax for the manse.”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: The accounts disclose payments for Council Tax on the Kirkhouse and Manse, which are owned by the charity but occupied by trustees/officers. Note 7 states: 'Council Tax of £1,500 was also paid, in respect of Kirkhouse... £3745 was also paid in respect of Council Tax for the manse.' While not explicitly labeled 'related party transaction' in the standard sense, these are payments for assets occupied by connected persons.
“Council Tax of £1,500 was also paid, in respect of Kirkhouse, received £ 6,141 in expenses. £3745 was also paid in respect of Council Tax for the manse.” — page 12
Per FY2025 accounts as filed with OSCR.