Grace Church Falkirk
Latest income
£146k
Latest spending
£151k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £182,078 against a policy target of covering three months of operating costs. The charity reported a net surplus of £89,970 for the year, with total funds increasing to £1,443,126, indicating sufficient financial resources to meet its obligations.
What the accounts disclose
Related-party transaction: Trustee Robert McDougall is employed by the company as Operations Manager. Services obtained on normal commercial terms, trustee received no personal benefit.
“During the year, the charity engaged Project Health and Safety Services Ltd to provide project management services at a total cost of £3,096 (2024: £924) in the period. One of the charity's trustees, Robert McDougall, is employed by the company as Operations Manager. The trustee was involved in the procurement process. The services were obtained on normal commercial terms, and the trustee received no personal benefit from the arrangement” — page 15
Per FY2025 accounts as filed with OSCR.