Calderwood Baptist Church
Latest income
£290k
Latest spending
£361k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £89,421 for the year ended 31 August 2024, resulting in total funds decreasing to £578,648. The trustees report that unrestricted reserves of £30,905 are below the stated policy target of approximately £54,000, though this is deemed acceptable. The charity confirms it has sufficient resources to continue as a going concern with no material uncertainties identified.
What the accounts disclose
Related-party transaction: The church owns the shares of its trading subsidiary, Hunter House Trading Ltd, Scottish Company No. SC441464.
“The church owns the shares of its trading subsidiary, Hunter House Trading Ltd, Scottish Company No. SC441464. The shares are described in Note 12 on page 15 which also contains information about the results of Hunter House Trading Ltd for the year ended 31 August 2024.” — page 6
Per FY2025 accounts as filed with OSCR.