THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S, LOUDWATER
Financial health, per its FY2024 accounts
The accounts state that unrestricted expenditure exceeded unrestricted income, resulting in a reported deficit of £183,823 for the year, largely driven by halls refurbishment costs. However, the trustees note that excluding these one-off capital costs, the church operated with a surplus of £19,163 against a budgeted deficit. The filing indicates strong liquidity with free cash reserves of £134,678, which the trustees believe are sufficient to cover projected future deficits.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rev Daniel Christopher Rodgerschair
- David Bedford
- Dr Ian Paul Cheffy
- ELAINE FAULKNER
- Janette Elizabeth Hill
- Joanna Clare Postles
- Jonathan Patrick Shallow
- NIGEL JOHN PEACH
- Nicholas James Cook
- PETER ROBERT CROMPTON LOADMAN
- SUSAN LOUISA TILLOTSON SMITHIES
- Stephen John Andrews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £504k | £677k |
| 31/12/2023 | £416k | £408k |
| 31/12/2022 | £407k | £489k |
| 31/12/2021 | £401k | £383k |
| 31/12/2020 | £535k | £288k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S, LOUDWATER financially healthy?
The accounts state that unrestricted expenditure exceeded unrestricted income, resulting in a reported deficit of £183,823 for the year, largely driven by halls refurbishment costs. However, the trustees note that excluding these one-off capital costs, the church operated with a surplus of £19,163 against a budgeted deficit. The filing indicates strong liquidity with free cash reserves of £134,678, which the trustees believe are sufficient to cover projected future deficits. Its FY2024 accounts were independently examined.
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