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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, RICHMOND WITH ST MATTHIAS AND ST JOHN THE DIVINE

Registered charity 1130018 · accounts filings on the Charity Commission register · also known as RICHMOND TEAM MINISTRY, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, RICHMOND WITH ST MATTHIAS AND ST JOHN

Latest income
£1.6m
Latest spending
£1.3m
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted general reserves increased by £590,712 to £940,301 at the end of the year, while total funds rose by £704,282 to £10,428,850. The charity maintains a reserves policy of three months' budgeted expenditure and confirms it has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties.

What the accounts disclose

Reserves policy: three months budgeted expenditure (held: £940k)
“An amount of 3 months budgeted expenditure, as previously agreed by the PCC as adequate reserves, was maintained.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: Revd Joe Moore received a stipend of £17,826. Revd Anne Crawford and Revd Charlotte Middleton were provided with housing. PCC members received £3,344 in expense reimbursements.
“The PCC members are not remunerated, except for Revd Joe Moore whose stipend of £17,826 for services this year (2022 – nil), was paid by the PCC. Revd Anne Crawford and Revd Charlotte Middleton were provided with housing by the PCC. A total of £3,344 (2022: £2,585) was reimbursed to 7 (2022: 4) PCC members for travel and other expenditure incurred wholly, exclusively and necessarily in the course of church operations.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Distribution from Richmond Church Charity Estates, two of whose trustees are also PCC members.
“During the year £459,100 (2022: £447,100) was received as a distribution from Richmond Church Charity Estates, two of whose trustees are also PCC members. During the year RCCE provided accommodation to RTM valued at £10,000, free of charge. At the year end, £nil was owed by Richmond Church Charity Estates (2022: £nil). The PCC are considered to be key management personnel of the charity along with the clergy, and as such are considered to be related parties. The PCC members are not remunerated, except for Revd Joe Moore whose stipend of £17,826 for services this year (2022 – nil), was paid by the PCC. Revd Anne Crawford and Revd Charlotte Middleton were provided with housing by the PCC. A total of £3,344 (2022: £2,585) was reimbursed to 7 (2022: 4) PCC members for travel and other expenditure incurred wholly, exclusively and necessarily in the course of church operations. £nil (2022: £nil) was paid to third parties on behalf of any PCC members.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Jacob Cavenagh & Skeet.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.6m
Total spending
£1.3m
Cost of raising funds
£54k
Reserves (reported)
£330k
Employees
7

Reported reserves equal ~3.0 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Richmond Upon Thames

Income and spending

Financial year endIncomeSpending
31/12/2024£1.6m£1.3m
31/12/2023£1.1m£819k
31/12/2022£1.0m£836k
31/12/2021£889k£801k
31/12/2020£825k£1.1m

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, RICHMOND WITH ST MATTHIAS AND ST JOHN THE DIVINE financially healthy?

The accounts state that unrestricted general reserves increased by £590,712 to £940,301 at the end of the year, while total funds rose by £704,282 to £10,428,850. The charity maintains a reserves policy of three months' budgeted expenditure and confirms it has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties. Its FY2023 accounts were audited by Jacob Cavenagh & Skeet.

Who funds THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, RICHMOND WITH ST MATTHIAS AND ST JOHN THE DIVINE?

Funders whose own accounts filings name THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, RICHMOND WITH ST MATTHIAS AND ST JOHN THE DIVINE as a grant recipient include RICHMOND CHURCH CHARITY ESTATES.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
RICHMOND CHURCH CHARITY ESTATESFY2022£446k

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