THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREYFRIARS READING
Worship and associated activities
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £329,783 for the year ended 31 December 2024, with unrestricted consolidated reserves totaling £8,968,909. The trustees consider the financial position satisfactory, noting that while a 2025 budget shows a projected operational deficit, there is capacity within the overall financial position to absorb any shortfall. The charity maintains cash reserves in line with its policy of three to six months' expenditure.
What the accounts disclose
“Greyfriars Ministries Limited is a wholly owned subsidiary of the PCC controlled as disclosed above in note 14. The company provides day nursery facilities for children in the Reading area.” — page 25
Leadership, per the charity’s website
- Rachel Bedford — Vicar
- Natalie Worsfold — Associate Vicar
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rev Rachel Bedfordchair
- Alan Edward Cross
- Andrew Christopher Barwick
- Arfon Huw Rees
- Christopher Hall
- Christopher Neville Austin Greaves
- Claire Louise Anderson
- David Mark Adkins
- Deborah Jeffries
- Dr David Andrew Aubrey-Jones
- Dr JOHN DAVID LEDGER
- Esther Purdy
- Gary McEwan
- George Eapen
- Helen Anne Martin
- Jane Karen Mae Peters
- Joshua Francis Talib
- MARTIN WILLIAM HALEY
- Malveen Raheja
- Margaret Stone
- Nicholas Lam
- Professor John Frederick Missenden
- Rev Natalie Worsfold
- Sven Lewis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.9m | £2.6m |
| 31/12/2023 | £2.9m | £2.3m |
| 31/12/2022 | £3.0m | £2.0m |
| 31/12/2021 | £2.5m | £1.6m |
| 31/12/2020 | £2.7m | £1.6m |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREYFRIARS READING financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £329,783 for the year ended 31 December 2024, with unrestricted consolidated reserves totaling £8,968,909. The trustees consider the financial position satisfactory, noting that while a 2025 budget shows a projected operational deficit, there is capacity within the overall financial position to absorb any shortfall. The charity maintains cash reserves in line with its policy of three to six months' expenditure. Its FY2024 accounts were audited by Bruton Charles.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREYFRIARS READING | £2.9m | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, READING STREET | £126k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH | £173k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN THAME | £338k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, RUDGWICK | £269k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREWS SOUTHGATE | £204k | — | 0 | above | — | no doubt |