ST MATTHEW'S CHURCH BRIXTON PCC BUILDING MANAGEMENT CHARITY
To preserve the historical, architectural and constructional heritage of the Church of St Matthew, Brixton, for public benefit.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £13,615 for the year ended 31 December 2024, but holds no free reserves, resulting in a net deficit on unrestricted funds of £25,448. The independent examiner identified a material uncertainty regarding the charity's ability to continue as a going concern due to net current liabilities of £46,952, the vacancy of its main tenant, and significant required roof repairs.
What the accounts disclose
“The charitable company does not have any free reserves as at 31 December 2024. The charitable company's long term reserves policy is to regain enough reserves to cover unexpected needs.” — page 7
“If new tenants are not secured and the Trustees are unable to obtain further financial support from other sources, these conditions would indicate the existence of a material uncertainty about the charitable company's ability to continue as a going concern.” — page 9
“At the year end, a loan amount of £3,000 (2023: £4,912) was payable to the PCC. The loan was unsecured, interest-free and repayable on demand.” — page 20
Corporate structure
- Registered company of the charity Companies House 02880299
Company officers (Companies House)
- BAILEY, Helen Ruth on trustee list
- NICHOLSON, Toby Ian Royds Gordon on trustee list
- CORLETT, Sarah Katharine, Dr on trustee list
- LAYNE, Sandra Lynette on trustee list
- DAVIES, John Atterbury on trustee list
Property (HM Land Registry)
Trustees
- Dr SARAH CORLETT
- Helen Ruth Bailey
- John Atterbury Davies
- Sandra Layne
- Toby Ian Royds Gordon Nicholson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £163k | £150k |
| 31/12/2023 | £130k | £125k |
| 31/12/2022 | £118k | £172k |
| 31/12/2021 | £163k | £218k |
| 31/12/2020 | £270k | £246k |
Common questions
Is ST MATTHEW'S CHURCH BRIXTON PCC BUILDING MANAGEMENT CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £13,615 for the year ended 31 December 2024, but holds no free reserves, resulting in a net deficit on unrestricted funds of £25,448. The independent examiner identified a material uncertainty regarding the charity's ability to continue as a going concern due to net current liabilities of £46,952, the vacancy of its main tenant, and significant required roof repairs. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/12/2012 | £10k | The Brix Garden |
| The National Lottery Heritage Fund | 24/09/1996 | £595k | "Brix at St Matthews" |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY WITH ST MATTHEW, CHELTENHAM
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MATTHEWS, SURBITON
- ST MATTHEW'S AND ST OSWALD'S CHURCH AS A CHARITY
- BRIXTON FEOFFEE TRUST
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MATTHEW WITH SAINT JAMES THE GREAT BETHNAL GREEN
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT ST BARTHOLOMEW
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST MATTHEW'S CHURCH BRIXTON PCC BUILDING MANAGEMENT CHARITY | £163k | — | 0 | below | — | material uncertainty |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY WITH ST MATTHEW, CHELTENHAM | £555k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MATTHEWS, SURBITON | £187k | — | 0 | above | — | noted |
| ST MATTHEW'S AND ST OSWALD'S CHURCH AS A CHARITY | £277k | — | 0 | above | — | no doubt |
| BRIXTON FEOFFEE TRUST | £326k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MATTHEW WITH SAINT JAMES THE GREAT BETHNAL GREEN | £133k | — | 0 | unclear | — | no doubt |