City Church Dundee
Latest income
£336k
Latest spending
£283k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net surplus of £52,961 for the year ended 31 December 2024, with total funds increasing to £245,186. Per the trustees' report, free unrestricted reserves of £118,762 are well above the stated policy target of approximately £19,676, indicating strong liquidity relative to the three-month expenditure target.
What the accounts disclose
Related-party transaction: Salary paid to Anne Stocks, wife of Trustee Craig Stocks, for role as Community Engagement Officer.
“Anne Stocks, wife of Trustee, Craig Stocks, received a gross salary of £18,531 (2023 - £17,052) in her role as the church's Community Engagement Officer.” — page 26
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Interest-free loan to a Trustee, with £800 remaining repayable.
“Anne Stocks, wife of Trustee, Craig Stocks, received a gross salary of £18,531 (2023 - £17,052) in her role as the church's Community Engagement Officer.” — page 26
Per FY2024 accounts as filed with OSCR.