THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL & ALL ANGELS, WILMINGTON
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a surplus, increasing total funds to £106,618, though the situation remains fragile due to potential cost escalations and the reinstatement of Parish Share payments. The charity relies on a substantial grant for its Youth Minister which is set to cease by Spring 2026, creating long-term sustainability concerns. Reserves were maintained at £31,000, meeting the stated policy target of three months of expenditure.
What the accounts disclose
“The PCC continues to adopt the policy of aiming to ensure that three months of general expenditure is kept aside as a contingency In any one financial year.” — page 17
“The PCC will need to keep a close watch on Income and Expenditure in the first half of 2025. Monies have, at present, been put aside for various potential works but it remains to be seen whether these are affordable.” — page 21
Trustees
- Rev Carl Michael Chamberschair
- Alison June Mountain
- Christopher Stapley
- Illya Prior
- JANICE HENNESSY
- Karl Richards
- Pamela Eileen Gertrude Silk-Sleafer
- Penny Jane Culliford
- RICHARD STUART KINDERMAN
- Rachel Bullimore
- SHARON ANNE STIRMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £187k | £159k |
| 31/12/2023 | £178k | £194k |
| 31/12/2022 | £184k | £165k |
| 31/12/2021 | £155k | £144k |
| 31/12/2020 | £137k | £115k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL & ALL ANGELS, WILMINGTON financially healthy?
The accounts state that the charity ended the year with a surplus, increasing total funds to £106,618, though the situation remains fragile due to potential cost escalations and the reinstatement of Parish Share payments. The charity relies on a substantial grant for its Youth Minister which is set to cease by Spring 2026, creating long-term sustainability concerns. Reserves were maintained at £31,000, meeting the stated policy target of three months of expenditure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ERSKINE MUTON TRUST FUND | 1 | £10k |
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