THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST MARY MAGDALENE, EASTHAMPSTEAD
The function of the PCC is outlined in the Parochial Church Councils (Powers) Measure 1956. The primary function of the PCC is to promote in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. These functions have various public benefits such as in the advancement of education by our engagement with local schools, and in the relief of poverty and need.
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £189,415, slightly exceeding total expenditure of £187,991, resulting in a small net surplus. Free unrestricted reserves, held as cash, stood at £240,809 at year-end, which the trustees note equates to more than the stated policy target of three months of unrestricted payments. The charity also holds significant restricted funds and investment assets, indicating a stable financial position despite a projected reduction in telecommunication mast income.
What the accounts disclose
“The PCC therefore maintains a balance of free reserves (net current assets) which equates to at least three months unrestricted payments.” — page 17
“We became aware that there were some inaccuracies in the financial reports for 2021, 2022 and 2023. There was never and remains to this day no suspicion of any irregular activity; the errors were in the coding and details of the reporting.” — page 5
Trustees
- Rev Gareth Morleychair
- Andrew Wyard
- Christine Ann Fellows
- Christopher John Boutle
- Derek Florey
- Geraldine Patricia Samuelsson-Brown
- Judith Mary Collyer
- Karen Janette Biggs
- Lee Townsend CMGR MCMI
- Nicholas Roworth
- Oliver Sommer
- Robert Soden
- Sanjay Limbachya
- Shona D Collins MA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £189k | £188k |
| 31/12/2023 | £179k | £187k |
| 31/12/2022 | £175k | £177k |
| 31/12/2021 | £150k | £192k |
| 31/12/2020 | £145k | £178k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST MARY MAGDALENE, EASTHAMPSTEAD financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year was £189,415, slightly exceeding total expenditure of £187,991, resulting in a small net surplus. Free unrestricted reserves, held as cash, stood at £240,809 at year-end, which the trustees note equates to more than the stated policy target of three months of unrestricted payments. The charity also holds significant restricted funds and investment assets, indicating a stable financial position despite a projected reduction in telecommunication mast income. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MR AND MRS J A PYE'S CHARITABLE SETTLEMENT | 1 | £3k |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST HELEN'S, WHEATHAMPSTEAD AND ST PETER'S, GUSTARD WOOD
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PAUL'S CHURCH IRELAND WOOD & TINSHILL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NORTH ABINGDON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES THE GREAT THORLEY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, GREAT BERKHAMSTED
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RICKMANSWORTH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST MARY MAGDALENE, EASTHAMPSTEAD | £189k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST HELEN'S, WHEATHAMPSTEAD AND ST PETER'S, GUSTARD WOOD | £242k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PAUL'S CHURCH IRELAND WOOD & TINSHILL | £500k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NORTH ABINGDON | £1.3m | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES THE GREAT THORLEY | £255k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, GREAT BERKHAMSTED | £269k | — | 0 | unclear | — | no doubt |