THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PURLEY, ST. MARK (WOODCOTE)
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £362,510, with unrestricted general reserves standing at £89,716, which the PCC regards as a prudent level representing 55% of total running expenses. The charity faces significant financial risks, including high energy prices, declining volunteer numbers leading to higher contractor costs, and the need to increase the Diocesan pledge, though it maintains sufficient current account balances to cover at least a month of normal expenditure.
What the accounts disclose
“The PCC regards a minimum of 33% as a prudent level of free reserves to hold against swings in income and unexpected expenditures in a given year.”
Trustees
- Rev Fiona Margaret Weaverchair
- BRENDA MARY KNIGHT
- Charles Howard Mewton Marsh
- Deirdre Vera Lea
- Dr EDWIN ARIYNAYAGAM SINGARATNAM
- Eudareen Moncrieffe
- Ian Robinson
- JULIAN VICTOR PEARCEY
- Professor THOMAS KERN JAMIESON-CRAIG
- STEPHEN THOMAS DAWSON
- SUSAN JANE CARTER
- Sarah Judith Chartres
- TONY TUCKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £165k | £164k |
| 31/12/2023 | £159k | £180k |
| 31/12/2022 | £161k | £159k |
| 31/12/2021 | £137k | £122k |
| 31/12/2020 | £97k | £118k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PURLEY, ST. MARK (WOODCOTE) financially healthy?
The accounts state that total funds increased to £362,510, with unrestricted general reserves standing at £89,716, which the PCC regards as a prudent level representing 55% of total running expenses. The charity faces significant financial risks, including high energy prices, declining volunteer numbers leading to higher contractor costs, and the need to increase the Diocesan pledge, though it maintains sufficient current account balances to cover at least a month of normal expenditure. Its FY2024 accounts were independently examined.
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