Church of Scotland Presbytery of Edinburgh and West Lothian
Latest income
£519k
Latest spending
£488k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net deficit on unrestricted and designated funds of £5,717 before investment gains, resulting in a net movement in total funds of £219,602 due to significant unrealized investment gains. The trustees note a principal financial risk regarding the uncertainty of core funding from the central church after 2026, which would put current service levels at risk if withdrawn. Despite this risk, the trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Related-party transaction: Exceptional income from parent charity
“This year’s Accounts included an exceptional one-off event with regards income from the North Merchiston Fund (£172,358) which was previously held by Church of Scotland General Trustees.” — page 4
Per FY2024 accounts as filed with OSCR.