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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER & ST PAUL, MANSFIELD

Registered charity 1130303 · accounts filings on the Charity Commission register · also known as ST PETER & ST PAUL'S PCC, MANSFIELD

Latest income
£228k
Latest spending
£326k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net deficit of £28,898 for the year ended 31 December 2023, driven by expenditure exceeding incoming resources. However, the overall net assets increased by £153,433 due to significant gains on the revaluation of investment properties, although the trustees note this did not increase cash reserves. The trustees maintain that the level of total reserves is appropriate to meet ongoing commitments and future major expenditure on building fabric.

What the accounts disclose

Reserves policy: sufficient reserves to fund the fixed assets of the PCC and to provide adequate working capital (held: £1.4m)
“The policy of the trustees is to maintain sufficient reserves to fund the fixed assets of the PCC and to provide adequate working capital.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: A small immaterial portion of the expenses paid to the incumbent may have related to her services as chair of the PCC.
“A small immaterial portion of the expenses paid to the incumbent may have related to her services as chair of the PCC. No other payments or expenses were paid to any other PCC member, persons connected with them or related parties.” — page 15
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/12/2025£228k£326k
31/12/2024£278k£287k
31/12/2023£215k£244k
31/12/2022£202k£193k
31/12/2021£277k£234k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER & ST PAUL, MANSFIELD financially healthy?

The accounts state that the charity reported a net deficit of £28,898 for the year ended 31 December 2023, driven by expenditure exceeding incoming resources. However, the overall net assets increased by £153,433 due to significant gains on the revaluation of investment properties, although the trustees note this did not increase cash reserves. The trustees maintain that the level of total reserves is appropriate to meet ongoing commitments and future major expenditure on building fabric. Its FY2023 accounts were independently examined.

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