THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN WALBROOK
Financial health, per its FY2024 accounts
The accounts state that the charity reported a total surplus of £20,181 for the year, driven by a surplus on restricted funds which largely covered a deficit on unrestricted funds. The trustees note that free reserves have been eliminated due to the church closure for renovations, but they are confident in rebuilding reserves to meet their policy target of three months of unrestricted payments.
What the accounts disclose
“However due to the closure of the Church building since early May 2024 while the planned programme of renovation, remediation repairs and refurbishment has been carried out our free reserves have been eliminated due these circumstances.” — page 22
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (13/11/2019)
Trustees
- David Atterbury Thomas
- JONATHAN SHIELS
- James Thomson
- John Christopher Seagrim
- John Garbutt
- MARGARET BROWN
- MEG POST
- Philip Palumbo
- REVEREND ROGER HOATH
- Rev Stephen Baxter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.1m | £2.1m |
| 31/12/2023 | £580k | £553k |
| 31/12/2022 | £297k | £299k |
| 31/12/2021 | £364k | £308k |
| 31/12/2020 | £166k | £170k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN WALBROOK financially healthy?
The accounts state that the charity reported a total surplus of £20,181 for the year, driven by a surplus on restricted funds which largely covered a deficit on unrestricted funds. The trustees note that free reserves have been eliminated due to the church closure for renovations, but they are confident in rebuilding reserves to meet their policy target of three months of unrestricted payments. Its FY2024 accounts were audited by Brooks Green.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ST. STEPHEN'S HOUSE (GLOUCESTER ROAD) LIMITED | 1 | £425k |
| THE HOPMARKET CHARITY | 1 | £6k |
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