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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST MARGARET, TOPSHAM

Registered charity 1128301 · accounts filings on the Charity Commission register · also known as TOPSHAM ST MARGARET'S PCC · listed website unreachable when last crawled

Latest income
£199k
Latest spending
£160k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net income of £38,810 for the year ended 31 December 2024, with total unrestricted reserves held at £59,803. The trustees note that they are still working to build reserves to meet their stated policy target of approximately £64,100, which is equivalent to six months of general fund expenditure. The charity holds additional investments valued at £81,936 and endowment assets held by the Diocesan Board of Finance.

What the accounts disclose

Reserves policy: six months' of the general fund expenditure (held: £60k)
“It is the policy of the PCC that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to six months' of the general fund expenditure. This equated to approximately £64,100 for 2024.” — page 7
Per its FY2024 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: Devon

Income and spending

Financial year endIncomeSpending
31/12/2024£199k£160k
31/12/2023£188k£170k
31/12/2022£146k£177k
31/12/2021£103k£136k
31/12/2020£103k£135k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST MARGARET, TOPSHAM financially healthy?

The accounts state that the charity generated a net income of £38,810 for the year ended 31 December 2024, with total unrestricted reserves held at £59,803. The trustees note that they are still working to build reserves to meet their stated policy target of approximately £64,100, which is equivalent to six months of general fund expenditure. The charity holds additional investments valued at £81,936 and endowment assets held by the Diocesan Board of Finance. Its FY2024 accounts were independently examined.

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