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

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MATTHEW, CAMBRIDGE

Registered charity 1129835 · accounts filings on the Charity Commission register · also known as ST MATTHEW'S PCC, CAMBRIDGE

Latest income
£325k
Latest spending
£356k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a loss of £31,306.54 for the year ending 31 December 2024, resulting in a decrease in net assets from £126,243.23 to £94,936.69. The trustees explicitly warn that reserves are being rapidly used up and the charity is in danger of running low on funds in 2026, noting that a 4% increase in income is required to break even. Despite this financial pressure, the independent examiner confirmed that no material matters came to their attention regarding the accounts.

What the accounts disclose

Going concern: noted by the trustees or auditor
“Our expenses continue to rise a little each year to reflect inflation and average pay, so we are rapidly using up our reserves and in danger of running low on funds in 2026.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant received from Trust of Mrs E M Sidgwick
“A grant of £29,645 (2023: £29,645) was received from the Trust of Mrs E M Sidgwick, which is deemed to be a related party due to common control.” — page 18
“Donations from trustees and persons closely connected with them for the year ending 31 December 2024 were £57,376 (2023: £74,897).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees and persons closely connected
“A grant of £29,645 (2023: £29,645) was received from the Trust of Mrs E M Sidgwick, which is deemed to be a related party due to common control.” — page 18
“Donations from trustees and persons closely connected with them for the year ending 31 December 2024 were £57,376 (2023: £74,897).” — page 18
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 FY2023 and FY2024 accounts as analysed by this site.

Trustees

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

Operates in: Cambridgeshire

Income and spending

Financial year endIncomeSpending
31/12/2024£325k£356k
31/12/2023£335k£342k
31/12/2022£415k£366k
31/12/2021£284k£273k
31/12/2020£294k£263k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MATTHEW, CAMBRIDGE financially healthy?

The accounts state that the charity reported a loss of £31,306.54 for the year ending 31 December 2024, resulting in a decrease in net assets from £126,243.23 to £94,936.69. The trustees explicitly warn that reserves are being rapidly used up and the charity is in danger of running low on funds in 2026, noting that a 4% increase in income is required to break even. Despite this financial pressure, the independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2024 accounts were independently examined.

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