Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WARFIELD

Registered charity 1129301 · accounts filings on the Charity Commission register · also known as THE WARFIELD CHURCHES; WARFIELD P.C.C.

Latest income
£349k
Latest spending
£387k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £71,464 for the year ended 31 December 2024, driven by a 22% drop in total income and a net investment loss of £33,607. Net unrestricted funds decreased to £203,728, which remains above the PCC's stated reserves policy target of approximately £67,000. However, the trustees note significant uncertainty regarding future giving levels and have budgeted for a further deficit of £77,474 in 2025.

What the accounts disclose

Reserves policy: two months' average expenditure (held: £204k)
“The PCC seeks to retain at least two months’ average expenditure in reserves. This currently amounts to around £67,000.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The PCC has passed a budget for 2025 with a deficit of £77,474. This is a larger deficit than 2024, as summarised in this report, due in part to an increase in Parish Share cost of £34,000 as agreed with the Diocese. We have predicted a reduction in regular annual giving compared with 2024 and there is significant uncertainty about the level of giving though 2025.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2022 and FY2024 accounts as analysed by this site.

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bracknell Forest

Income and spending

Financial year endIncomeSpending
31/12/2024£349k£387k
31/12/2023£496k£508k
31/12/2022£467k£516k
31/12/2021£452k£479k
31/12/2020£477k£489k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WARFIELD financially healthy?

The accounts state that the charity reported a net deficit of £71,464 for the year ended 31 December 2024, driven by a 22% drop in total income and a net investment loss of £33,607. Net unrestricted funds decreased to £203,728, which remains above the PCC's stated reserves policy target of approximately £67,000. However, the trustees note significant uncertainty regarding future giving levels and have budgeted for a further deficit of £77,474 in 2025. 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 ST. LAWRENCE, NORTH WINGFIELD.