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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN ST MARYCHURCH, TORQUAY.

Registered charity 1128269 · accounts filings on the Charity Commission register · also known as PCC OF ST MARYCHURCH

Latest income
£121k
Latest spending
£113k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity is meeting all financial commitments, although the Honorary Treasurer notes a deterioration in the financial position due to the loss of central church grants and a fall in giving. The charity is currently living on the proceeds from the sale of a former curate's house, which the Treasurer describes as unsustainable in the long term, and has committed £10,000 of reserves to complete an organ project.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“We are still living on the proceeds of the sale of the former curate’s house to fund our higher level of activity and this is not sustainable in the long term.” — page 13
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“We are meeting all financial commitments but need to undertake some work surrounding our investment income, the claiming of Gift Aid and more budgeting and financial planning in the future. We need to keep a close eye on utilities in the hall and the church as we face an increase in our costs.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Torbay

Income and spending

Financial year endIncomeSpending
31/12/2024£121k£113k
31/12/2023£85k£107k
31/12/2022£48k£47k
31/12/2021£36k£39k
31/12/2020£40k£57k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN ST MARYCHURCH, TORQUAY. financially healthy?

The accounts state that the charity is meeting all financial commitments, although the Honorary Treasurer notes a deterioration in the financial position due to the loss of central church grants and a fall in giving. The charity is currently living on the proceeds from the sale of a former curate's house, which the Treasurer describes as unsustainable in the long term, and has committed £10,000 of reserves to complete an organ project. Its FY2023 accounts were independently examined.

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