THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWDIGATE
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £2,418 for the year, resulting in a decrease in total net assets from £299,717 to £254,142. The trustees report that unrestricted cash balances and investments remain above their stated reserves policy target of £60,000, ensuring adequate liquidity to meet emergencies and smooth cash flow fluctuations.
What the accounts disclose
“It is PCC policy to try to maintain a balance on unrestricted funds which equates to at least six months unrestricted payments. This is equivalent to £60,000.” — page 8
Trustees
- Christine Padmore
- David Anthony Newbery
- JAMES BAKER
- Jonathan Newbery
- Lesley Mears
- MRS TINA CALLCUT
- Nathan Ramsden
- PAM MIDDLETON
- PAUL MIDDLETON
- Paul BANTHORPE
- Revd Dr Martin Leonard Gilpin
- Vanessa Louise Ramsden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £120k | £163k |
| 31/12/2024 | £225k | £225k |
| 31/12/2023 | £175k | £127k |
| 31/12/2022 | £105k | £130k |
| 31/12/2021 | £94k | £99k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWDIGATE financially healthy?
The accounts state that the charity incurred a net expenditure of £2,418 for the year, resulting in a decrease in total net assets from £299,717 to £254,142. The trustees report that unrestricted cash balances and investments remain above their stated reserves policy target of £60,000, ensuring adequate liquidity to meet emergencies and smooth cash flow fluctuations. Its FY2025 accounts were independently examined.
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