Rutherglen United Reformed Church
Latest income
£118k
Latest spending
£112k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a deficit of £59,082.68 for the year ended 31 December 2024, primarily due to the reinvestment of £65,000 into CCLA investments. Despite this deficit, the charity holds unrestricted reserves of £59,304 in cash and bank balances, alongside investments valued at approximately £99,579. The trustees' report notes that the large imbalance between income and expenditure was caused by the timing of investment receipts and reinvestments rather than operational losses.