THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHORLEYWOOD
Financial health, per its FY2023 accounts
The accounts state that net assets stood at £2.744 million at the end of 2023, primarily held in investment properties and cash. Per the trustees' report, the charity had adequate reserves to cover contingencies, though free reserves were £194,794, which is below the stated policy target of restoring reserves to cover anticipated deficits and maintenance work. The charity reported a net expenditure of £14,009 for the year, resulting in a slight decrease in overall funds.
What the accounts disclose
“At the accounting date, free reserves were £194,794 (2022 – £267,117).” — page 6
“During 2023 the church received £70,459 (2022 £124,074) in donations from its PCC members. The donors did not attach any conditions to the gifts which required the church to significantly alter the nature of its existing activities.” — page 28
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rev DAVID HALLchair
- Andrew Farr
- Daniel Peter Chapman
- Dr Mark Sullivan
- Jenni Hudson
- Jonathan Lilley
- Peter John Neville Aston
- Rev Terence Russoff
- Rue Grewal
- SYLVIA MANN
- Valerie Omolola Sodeinde
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £838k | £809k |
| 31/12/2023 | £745k | £759k |
| 31/12/2022 | £771k | £792k |
| 31/12/2021 | £630k | £643k |
| 31/12/2020 | £674k | £681k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHORLEYWOOD financially healthy?
The accounts state that net assets stood at £2.744 million at the end of 2023, primarily held in investment properties and cash. Per the trustees' report, the charity had adequate reserves to cover contingencies, though free reserves were £194,794, which is below the stated policy target of restoring reserves to cover anticipated deficits and maintenance work. The charity reported a net expenditure of £14,009 for the year, resulting in a slight decrease in overall funds. Its FY2023 accounts were independently examined.
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