THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL NEW MALTON
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating loss of approximately £7,000 for the year, driven by expenditure falling to under £76,000 while income rose slightly over 1% excluding legacies. The trustees note that the receipt of significant legacies, particularly a transformational sum from Martin Monkman, has helped mask underlying operational challenges and maintain good financial health. Reserves are currently held at £544,151, significantly exceeding the stated policy target of £45,000.
What the accounts disclose
“It is the intention of the PCC to retain a balance of at least £45,000 being approximately six months committed expenditure within the unrestricted funds.” — page 5
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Trustees
- Barry William Gillespie
- Graham Adam Clarke
- HEATHER MARY WILLIAMS
- JANET CHRISTINE PATTEN
- MRS SUE WRIGHT
- Rev John Richard Walker
- Robert Charles Slade Hall
- SAMANTHA JANE FREE
- Sarah Barry
- Stewart Smith
- Susan Jane Thackray
- TRACEY YOUNG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £471k | £77k |
| 31/12/2024 | £69k | £91k |
| 31/12/2023 | £74k | £91k |
| 31/12/2022 | £78k | £79k |
| 31/12/2021 | £91k | £65k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL NEW MALTON financially healthy?
The accounts state that the charity reported an operating loss of approximately £7,000 for the year, driven by expenditure falling to under £76,000 while income rose slightly over 1% excluding legacies. The trustees note that the receipt of significant legacies, particularly a transformational sum from Martin Monkman, has helped mask underlying operational challenges and maintain good financial health. Reserves are currently held at £544,151, significantly exceeding the stated policy target of £45,000. Its FY2025 accounts were independently examined.
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