St. Peter's Free Church Of Scotland, Dundee
Latest income
£385k
Latest spending
£356k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net incoming resource of £28,639 for the year ended 31 December 2024. However, the trustees note that the General Fund balance of £6,724 is below the required level of unrestricted reserves of £25,782, which is based on a policy to maintain approximately three months of unrestricted expenditure. The charity has total reserves of £946,130, including significant restricted funds and fixed assets, but free unrestricted reserves are currently insufficient to meet the stated policy target.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The balance on the general fund is currently below the required level of reserves of £25,782.” — page 5
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee received a gross salary of £8,485 and pension contributions of £255 for work as Finance Administrator.
“trustee, received a gross salary of £8,485 (2023: £7,346) and pension contributions of £255 (2023: £278), for her work as Finance Administrator.” — page 14
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee received a gross salary of £14,143 and pension contributions of £425 for work as Administrator.
“trustee, received a gross salary of £8,485 (2023: £7,346) and pension contributions of £255 (2023: £278), for her work as Finance Administrator.” — page 14
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee received a gross salary of £4,950 for work as Administration Assistant.
“trustee, received a gross salary of £8,485 (2023: £7,346) and pension contributions of £255 (2023: £278), for her work as Finance Administrator.” — page 14
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Minister (also a Trustee) received expenses of £4,144.
“trustee, received a gross salary of £8,485 (2023: £7,346) and pension contributions of £255 (2023: £278), for her work as Finance Administrator.” — page 14
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee received £172 for work as Minister in Training.
“trustee, received a gross salary of £8,485 (2023: £7,346) and pension contributions of £255 (2023: £278), for her work as Finance Administrator.” — page 14
Per FY2024 accounts as filed with OSCR.