THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, REIGATE
Financial health, per its FY2025 accounts
The accounts state that unrestricted income exceeded expenditure by £29,701, resulting in a surplus for the year. The charity holds free/unrestricted reserves of £272,418, which the trustees report represents approximately three to four months of budgeted expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“It is PCC policy to hold in unrestricted reserves the equivalent of at least three month’s budgeted expenditure. Note: This policy has changed in 2025 from 1 month to 3 months.” — page 9
Funders the charity credits
- Tearfund
- International Justice Mission
- Open Doors
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Rev RICHARD WILSONchair
- Andrew Prestwood
- Deborah Jackson
- Esther Lyth
- Heather Chesterton
- Ian Capper
- James Bunch
- James Norman
- Joseph Lu
- LORRAINE MARTIN
- NICOLA PECK
- Nick Rayner
- Peter Wilson
- Rebecca Beggs
- Rev Benjamin Forbes
- Rev Helen Fraser
- Rev Simon Russell
- Rev kate capper
- Sarah Bertlin
- Tim Collins
- Zachary Downie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £798k | £767k |
| 31/12/2024 | £735k | £784k |
| 31/12/2023 | £802k | £762k |
| 31/12/2022 | £765k | £710k |
| 31/12/2021 | £671k | £624k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, REIGATE financially healthy?
The accounts state that unrestricted income exceeded expenditure by £29,701, resulting in a surplus for the year. The charity holds free/unrestricted reserves of £272,418, which the trustees report represents approximately three to four months of budgeted expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Xeinadin Audit Limited.
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