THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PURLEY, ST. MARK (WOODCOTE)

Registered charity 1128860 · accounts filings on the Charity Commission register · also known as ST. MARK'S PCC WOODCOTE

Latest income
£165k
Latest spending
£164k
Registered
2009
Accounts read
FY2024

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

Reserves policy: 33% of total running expenses (held: £90k)
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.
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: Croydon

Income and spending

Financial year endIncomeSpending
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.

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 LANCHESTER AND BURNHOPE.