Shetland Christian Youth Club
Latest income
£136k
Latest spending
£177k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity incurred a deficit of £41,024 for the year ended 31 December 2024, following a surplus in the previous year. The trustees consider the remaining unrestricted cash reserves of £11,216 to be sufficient to cover planned building work and day-to-day cashflow needs. The charity is governed by a Trust Deed and is managed day-to-day by its trustees.
What the accounts disclose
Related-party transaction: Repairs and Maintenance expenditure includes £51,350 paid to the employer of one of the trustees.
“The Repairs and Maintenance expenditure includes £51,350 (2023: £37,434 ) paid to the employer of one of the trustees. All the expenditure was approved in advance by independent trustees, and the trustee/employee received no commission or reward from their employer other than usual wages.” — page 6
Per FY2024 accounts as filed with OSCR.