THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SHERBORNE WITH CASTLETON
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net expenditure of £579,674 for the year, which included unrealised investment losses of £559,853; excluding these losses, the underlying deficit was £19,821. The charity holds unrestricted reserves of £3,804,266, which the trustees note are required to be maintained as free reserves in accordance with their policy to cover core expenditure and building maintenance. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rev Martin Leechair
- Bill McDermott
- Christopher Gordon Buesnel Hamon
- David James Fifield
- Deborah Carrington
- Dr David George Ferguson
- Dr JOHN CROSSMAN
- Elizabeth Ashmead
- Henrietta Susan Paul
- Henry Wickham
- John Anthony Bradshaw
- John Nicholas Keating
- Jonathan Massey
- Katherine Pinsent
- Leigh Fisher
- MR MIKE KEATINGE
- Neil Grenyer
- Owen Richard Hinder
- PAUL BOYD LEE
- Peter Edward Neal
- Rev James Edie
- Steve Drew
- Timothy Michael Farr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £984k | £1.0m |
| 31/12/2023 | £1.2m | £1.2m |
| 31/12/2022 | £1.2m | £1.3m |
| 31/12/2021 | £595k | £601k |
| 31/12/2020 | £734k | £605k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SHERBORNE WITH CASTLETON financially healthy?
The accounts state that the charity reported a net expenditure of £579,674 for the year, which included unrealised investment losses of £559,853; excluding these losses, the underlying deficit was £19,821. The charity holds unrestricted reserves of £3,804,266, which the trustees note are required to be maintained as free reserves in accordance with their policy to cover core expenditure and building maintenance. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2022 accounts were audited by Lanham & Francis.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EARL FITZWILLIAM CHARITABLE TRUST | 1 | £3k |
| THE STEWARTS LAW FOUNDATION | 1 | £250 |
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