THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ALL ANGELS, BRAMCOTE
Financial health, per its FY2024 accounts
The accounts state that total funds decreased by approximately £17,000 to £264,879, driven by a net outgoing resource of £17,382 against incoming resources of £127,486. The charity reports a strong financial situation, supported by increased investment income and reduced salary costs, while maintaining a general reserve policy equivalent to three months of running costs. The trustees confirmed that the parish share was paid in full using a reduced amount from reserves.
What the accounts disclose
“As at 31st December 2024 the balance in the reserve is £10,081”
Trustees
- Andrew Hall
- Christine Bassford
- Christine Langton
- Christine Margaret Cleave
- Cortina Newton
- David Bassford
- David Stewart Jones
- Dr Catharine Ortori
- ELIZABETH CARDWELL
- Kate Prayle
- MRS CINDY JONES
- Paul Andrew Neal
- Robert Hedley Cleave
- Stan Heptinstall
- Wendy Willan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £127k | £145k |
| 31/12/2023 | £139k | £153k |
| 31/12/2022 | £254k | £216k |
| 31/12/2021 | £124k | £126k |
| 31/12/2020 | £124k | £121k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ALL ANGELS, BRAMCOTE financially healthy?
The accounts state that total funds decreased by approximately £17,000 to £264,879, driven by a net outgoing resource of £17,382 against incoming resources of £127,486. The charity reports a strong financial situation, supported by increased investment income and reduced salary costs, while maintaining a general reserve policy equivalent to three months of running costs. The trustees confirmed that the parish share was paid in full using a reduced amount from reserves. Its FY2024 accounts were independently examined.
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