THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD

Registered charity 1129064 · accounts filings on the Charity Commission register · also known as ST MARY'S PCC, BIDEFORD

Latest income
£196k
Latest spending
£205k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £20,526 for the year, with unrestricted reserves standing at £147,194. The trustees note that this deficit level is unsustainable and indicate a projected deficit for 2026, though they state there are no immediate concerns about financial stability due to reserves exceeding their £50,000 policy target.

What the accounts disclose

Reserves policy: minimum level of £50,000 (held: £147k)
It is the PCC policy to utilise restricted funds wherever possible and to maintain unrestricted funds at a minimum level of £50,000. — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mr C Beechey, who is a member of the PCC, received £6,865 (2024 - £6,330) in fees for his work as the parish organist and choirmaster during the year.
Mr C Beechey, who is a member of the PCC, received £6,865 (2024 - £6,330) in fees for his work as the parish organist and choirmaster during the year. — page 10
The PCC received approximately £38,815 (2024 - £21,528) during the year in donations from Trustees (PCC members) and their close relatives. — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The PCC received approximately £38,815 (2024 - £21,528) during the year in donations from Trustees (PCC members) and their close relatives.
Mr C Beechey, who is a member of the PCC, received £6,865 (2024 - £6,330) in fees for his work as the parish organist and choirmaster during the year. — page 10
The PCC received approximately £38,815 (2024 - £21,528) during the year in donations from Trustees (PCC members) and their close relatives. — page 10
Per its FY2025 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: Devon

Income and spending

Financial year endIncomeSpending
31/12/2025£196k£205k
31/12/2024£197k£207k
31/12/2023£250k£164k
31/12/2022£171k£145k
31/12/2021£196k£159k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD financially healthy?

The accounts state that the charity reported a net deficit of £20,526 for the year, with unrestricted reserves standing at £147,194. The trustees note that this deficit level is unsustainable and indicate a projected deficit for 2026, though they state there are no immediate concerns about financial stability due to reserves exceeding their £50,000 policy target. Its FY2025 accounts were independently examined.

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