Dundee: Westgait (Church of Scotland)
Latest income
£124k
Latest spending
£155k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net expenditure of £22,048 for the year, resulting in a decrease in total funds from £526,940 to £504,893. The trustees note that the year was financially challenging due to the loss of key members and economic pressures, but confirm that all financial commitments were met using reserves and investment sales. The charity holds unrestricted reserves of £62,027 against a policy target of approximately nine months of expenditure.
What the accounts disclose
Related-party transaction: Donations from trustees
“During the year a total of £9,000 (2023 - £12,000) was donated to the congregation by Trustees.” — page 13
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Reimbursement of travel expenses
“During the year a total of £9,000 (2023 - £12,000) was donated to the congregation by Trustees.” — page 13
Per FY2024 accounts as filed with OSCR.