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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL, WOOD GREEN WITH ST GABRIEL, BOUNDS GREEN AND ST MICHAEL-AT-BOWES

Registered charity 1130781 · accounts filings on the Charity Commission register · also known as THE PARISH OF WOOD GREEN

Latest income
£197k
Latest spending
£218k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £158,740 at year-end, which the trustees confirm is well in excess of their policy target of three months' unrestricted payments. Although the charity reported an excess of payments over receipts of £23,627 for the year, the unrestricted cash balance remained sufficient to meet the stated reserves policy.

What the accounts disclose

Reserves policy: three months unrestricted payments (held: £159k)
“It is the PCC policy to maintain the recommended balance on unrestricted funds which equates to at least three months unrestricted payments.” — page 2
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 5 states £6,500 received from PCC members, but does not explicitly name them or state they are trustees in that specific note context, though PCC members are trustees. However, Rule 6b requires explicit trustee remuneration/payment. Rule 6 asks for related party transactions. The note says 'Giving through planned giving and offerings includes £6,500 received from PCC members.' This is a related party transaction.
“Giving through planned giving and offerings includes £6,500 received from PCC members.” — page 6
Per its FY2024 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: Haringey

Income and spending

Financial year endIncomeSpending
31/12/2024£197k£218k
31/12/2023£173k£154k
31/12/2022£159k£154k
31/12/2021£129k£146k
31/12/2020£155k£71k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL, WOOD GREEN WITH ST GABRIEL, BOUNDS GREEN AND ST MICHAEL-AT-BOWES financially healthy?

The accounts state that unrestricted reserves stood at £158,740 at year-end, which the trustees confirm is well in excess of their policy target of three months' unrestricted payments. Although the charity reported an excess of payments over receipts of £23,627 for the year, the unrestricted cash balance remained sufficient to meet the stated reserves policy. Its FY2024 accounts were independently examined.

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