Newbattle: St Nicholas Buccleuch (Church of Scotland)
Latest income
£387k
Latest spending
£192k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity held total reserves of £69,444 at the year end, comprising an unrestricted general fund of £38,498 and endowment funds of £43,435, offset by a restricted fund deficit of £12,489. The trustees report that unrestricted funds represent approximately seven months of expenditure, which is above their stated policy target of four months. The charity received an unqualified audit opinion with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
Related-party transaction: Trustees donated to the congregation
“During the year a total of £12,349 (2023: £12,380) was donated to the congregation by the Trustees.” — page 21
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee expense reimbursement
“During the year a total of £12,349 (2023: £12,380) was donated to the congregation by the Trustees.” — page 21
Per FY2025 accounts as filed with OSCR.