Perth: St Matthew's Church of Scotland
Latest income
£387k
Latest spending
£762k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a deficit for the year ended 31 December 2024, with total expenditure of £206,678 exceeding total income of £198,880. Despite this, the trustees regard the financial position as satisfactory, noting that unrestricted reserves of £387,957 provide a sound base for future activity. The charity holds significant designated funds, primarily for the manse, but maintains a general fund balance of £14,643 which is below its stated reserves policy target.
What the accounts disclose
Reserves position: below the charity's own stated policy
“This leaves a balance of £14,643 (2023 - £7,836) held in the general fund. The aim of the trustees is to build up reserves equivalent to approximately six months’ expenditure which would amount to £102,000.” — page 9
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Donations from trustees to the charity
“During the year a total of £30,785 (2023 £31,042) was donated to the congregation by trustees.” — page 21
Per FY2025 accounts as filed with OSCR.