THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PADSTOW
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £19,724 for the year, driven by significant unbudgeted repairs including a £40,000+ roof replacement and church room damage. To cover these costs and maintain diocesan payments, the trustees utilized approximately £20,000 of reserves, noting there is currently little prospect of replacement. Despite this deficit, the charity holds unrestricted reserves of £161,448, comprising a £50,000 general reserve and £111,448 in unrestricted working funds.
What the accounts disclose
“The PCC shall aim to maintain a General Reserve at the level of at least 25%, of the latest past year’s annual income.” — page 54
“To achieve this and address all the issues listed above necessitated using c.£20K of reserves with, currently, little prospect of replacement.”
Trustees
- Alan Barrymore Veck
- Andrea Lesley Curnow
- Christopher John Newman
- Hugh Martin Saunders
- Iola Cotterill
- JANET CAROL DAWE
- Janet Margaret Prescott
- Molly Anne Bishop
- Patrick Charles Edward Atkinson
- Peter John Cotterill
- Rosemary Ann Wyatt Howells
- SUE HOLLINGSWORTH
- Susan Norfolk
- TIM BISHOP
- Tracey Tigwell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £125k | £145k |
| 31/12/2024 | £104k | £107k |
| 31/12/2023 | £120k | £92k |
| 31/12/2022 | £89k | £84k |
| 31/12/2021 | £74k | £91k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PADSTOW financially healthy?
The accounts state that the charity reported a net loss of £19,724 for the year, driven by significant unbudgeted repairs including a £40,000+ roof replacement and church room damage. To cover these costs and maintain diocesan payments, the trustees utilized approximately £20,000 of reserves, noting there is currently little prospect of replacement. Despite this deficit, the charity holds unrestricted reserves of £161,448, comprising a £50,000 general reserve and £111,448 in unrestricted working funds. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 03/03/2015 | £208k | "St Petroc's Padstow - Repair and consolidation to tower" |
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