THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHOBHAM WITH VALLEY END
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £21,288 for the year ended 31 December 2024, following a deficit of £11,541 in the prior year. Per the trustees' report, unrestricted funds decreased to £128,028, while total net assets stood at £998,153, largely driven by investment property valued at £740,000. The trustees noted they are not satisfied with sustaining deficits through investment sales and are reviewing income strategies.
What the accounts disclose
“The discretionary reserves have assigned £84,000 to cover six months of general expenditure in 2024.” — page 11
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → no going-concern doubt (FY2024).
Trustees
- David Reid Mr
- Elaine Scawn
- Elizabeth Anne Cook
- Hugh Rokeby Holland
- Jacqueline Elliot
- Jason Lomath-Carey
- Jennifer Stratford
- Lavinia Sealy
- Marian Rose Stewart
- Philip Baillie
- REVEREND CHRISTOPHER JOHN BEDFORD
- Rev Dan Stork Banks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £144k | £174k |
| 31/12/2023 | £157k | £196k |
| 31/12/2022 | £150k | £180k |
| 31/12/2021 | £138k | £149k |
| 31/12/2020 | £123k | £151k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHOBHAM WITH VALLEY END financially healthy?
The accounts state that the charity reported a net deficit of £21,288 for the year ended 31 December 2024, following a deficit of £11,541 in the prior year. Per the trustees' report, unrestricted funds decreased to £128,028, while total net assets stood at £998,153, largely driven by investment property valued at £740,000. The trustees noted they are not satisfied with sustaining deficits through investment sales and are reviewing income strategies. Its FY2024 accounts were independently examined.
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