PAROCHIAL CHURCH COUNCIL OF THE PARISH OF ALL SAINTS, FOUR OAKS, SUTTON COLDFIELD
Financial health, per its FY2022 accounts
The accounts state that the Parochial Church Council reported a total deficit of £40,425 for the year ended 31 December 2022, driven by significant building maintenance costs and reduced income. Despite this deficit, the trustees report that current free reserves of £293,341 are close to their stated policy target of £296,000, and the balance sheet remains strong with total net assets of £2,521,773.
What the accounts disclose
Trustees
- Alison Jane Yau
- Christine Jelley J.P.
- DAVID GEORGE PHILLIPS
- David Murray East
- Geoffrey Ian Meeson
- JENNIFER ANN BLUNDELL
- Louise Margaret Richmond
- Patricia Ann Farrow
- ROSAMUND JANE DOUGLAS
- Rev Simon Richard Cocks
- VALERIE TIMMINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £184k | £213k |
| 31/12/2023 | £185k | £197k |
| 31/12/2022 | £200k | £240k |
| 31/12/2021 | £167k | £150k |
| 31/12/2020 | £150k | £162k |
Common questions
Is PAROCHIAL CHURCH COUNCIL OF THE PARISH OF ALL SAINTS, FOUR OAKS, SUTTON COLDFIELD financially healthy?
The accounts state that the Parochial Church Council reported a total deficit of £40,425 for the year ended 31 December 2022, driven by significant building maintenance costs and reduced income. Despite this deficit, the trustees report that current free reserves of £293,341 are close to their stated policy target of £296,000, and the balance sheet remains strong with total net assets of £2,521,773. Its FY2022 accounts were independently examined.
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