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

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST MARY MAGDALENE, EASTHAMPSTEAD

Registered charity 1128690 · accounts filings on the Charity Commission register

Latest income
£189k
Latest spending
£188k
Registered
2009
Accounts read
FY2024

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

Reserves policy: three months unrestricted payments (held: £241k)
“The PCC therefore maintains a balance of free reserves (net current assets) which equates to at least three months unrestricted payments.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Governance: The document states: 'We became aware that there were some inaccuracies in the financial reports for 2021, 2022 and 2023... the accounts for all these years have now been checked and corrected.' This indicates a past failure in financial reporting accuracy, though corrected.
“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
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: Bracknell Forest

Income and spending

Financial year endIncomeSpending
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?

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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
MR AND MRS J A PYE'S CHARITABLE SETTLEMENT1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST HELEN'S, WHEATHAMPSTEAD AND ST PETER'S, GUSTARD WOOD.