King's Park Church of Scotland, Glasgow
Latest income
£158k
Latest spending
£186k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted funds decreased by £42,798 during the year, resulting in a total deficit of £41,684. The trustees note that monthly outgoings regularly exceed income and highlight significant challenges regarding rising energy costs and increased contributions. Despite these pressures, the charity holds unrestricted reserves of £65,280 and maintains a policy of holding approximately three months of expenditure.
What the accounts disclose
Going concern: doubt noted
“The main financial challenges foreseen at this time for the year ahead are the significant increases in energy costs tariffs, increased Giving to Grow contribution and the ongoing issue of monthly outgoings regularly exceeding income.” — page 7
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Pastoral Assistant salary paid to husband of Kirk Session Member
“husband of Kirk Session Member, received £6,335 as Director of Music Interim/Locum & Relief Minister payments during year were £11,536 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.” — page 14
Per FY2025 accounts as filed with OSCR.