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Financial Review

As of the end of October we are reporting an unexpectedly healthy surplus on our general account. Unfortunately, this is not due to any increases in income but rather reflects a number of underspends against budgeted expenditure. Some of those underspends are “one- off” events and will not recur next year.

Our other funds are reasonably healthy not least because fabric expenditure has been modest this year. Not only that but we have received two payments, both last year’s and this year’s, from the third-party trust which makes annual contributions to our fabric fund. 

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­2019 Kingswells Church of Scotland, Scottish Charity Number: SC006865