Stornoway Christian Bookshop
Latest income
£115k
Latest spending
£118k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure of £2,509 for the year, resulting in a decrease in unrestricted reserves to £248,789. The trustees noted continuing difficulty in maintaining sales but considered the level of reserves adequate for future opportunities. The charity operates on a going concern basis with no material uncertainties disclosed.
What the accounts disclose
Going concern: doubt noted
“The continuing difficulty in maintaining sales continues to give cause for concern” — page 3
Per FY2025 accounts as filed with OSCR.
Payments to trustees: Joan Iversen received a salary of £3,600 for administration and bookkeeping services.
“During the year Joan Iversen received a salary of £3,600 (2024 - £3,600) for her services in providing administration and bookkeeping services.” — page 11
Per FY2025 accounts as filed with OSCR.