Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MARY, BRIDGWATER

Registered charity 1128525 · accounts filings on the Charity Commission register · also known as ST MARY'S PCC BRIDGWATER

Latest income
£136k
Latest spending
£108k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity has no general fund reserves and its unrestricted funds are in deficit, with the policy target of six months' expenditure unfulfilled. The trustees report that cash flow is monitored carefully and that the Diocese has provided support by renegotiating loan terms and confirming the Common Fund as a donation rather than a liability. They consider that future commitments can be met through active fundraising and revised payment schedules.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“We had changed our policy in 2019 to reduce our general fund reserves to F10,000. Our fabric fund now stands at E2, 986 and we have no general fund reserves.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The document states trustees made donations to related parties but explicitly states 'There were no material related party transactions during the year that require reporting.' Under rule 6, we extract disclosed transactions. The donations are disclosed in Note 15.
“During the year, the trustees made unconditional donations amounting to f4, 909 (2022 E8, 860) inclusive of gift aid. There were no material related party transactions during the year that require reporting.”
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: Somerset

Income and spending

Financial year endIncomeSpending
31/12/2025£136k£108k
31/12/2024£102k£107k
31/12/2023£115k£111k
31/12/2022£110k£100k
31/12/2021£81k£75k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MARY, BRIDGWATER financially healthy?

The accounts state that the charity has no general fund reserves and its unrestricted funds are in deficit, with the policy target of six months' expenditure unfulfilled. The trustees report that cash flow is monitored carefully and that the Diocese has provided support by renegotiating loan terms and confirming the Common Fund as a donation rather than a liability. They consider that future commitments can be met through active fundraising and revised payment schedules. Its FY2023 accounts were independently examined.

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