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

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. AUGUSTINE, BROXBOURNE WITH ST. LAURENCE, WORMLEY

Registered charity 1130305 · accounts filings on the Charity Commission register · also known as BROXBOURNE WITH WORMLEY PCC, THE PARISH CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. AUGUSTINE, BROXBOURNE WITH ST. LAURENCE, WORMLEY

Latest income
£161k
Latest spending
£153k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a deficit of £38,273 for the year ended 31 December 2023, following a surplus in the previous year. While total funds decreased slightly to £1,045,669, the trustees noted that cash flow issues arose in late 2023 as running costs exceeded income, leading to a temporary reduction in Parish Share payments.

What the accounts disclose

Reserves policy: three months of regular expenditure and ongoing building repair projects (held: £100k)
“The PCC aims to maintain sufficient reserves to cover at least 3 months' worth of regular expenditure and ongoing building repair projects.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Trustees believe the charity remains a going concern. The factors listed below are not inconsiderable, however in late-2023 it became apparent that cash flow was becoming an issue, with day to day running costs exceeding income.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2022 and FY2023 accounts as analysed by this site.

Trustees

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2024£161k£153k
31/12/2023£169k£208k
31/12/2022£432k£207k
31/12/2021£208k£199k
31/12/2020£208k£222k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. AUGUSTINE, BROXBOURNE WITH ST. LAURENCE, WORMLEY financially healthy?

The accounts state that the charity reported a deficit of £38,273 for the year ended 31 December 2023, following a surplus in the previous year. While total funds decreased slightly to £1,045,669, the trustees noted that cash flow issues arose in late 2023 as running costs exceeded income, leading to a temporary reduction in Parish Share payments. Its FY2023 accounts were independently examined.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST AUGUSTINE'S WITH ST LUKE’S , BROMLEY COMMON.