THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL, CHESTER SQUARE

Registered charity 1130914 · accounts filings on the Charity Commission register · also known as ST.MICHAEL'S PCC, CHESTER SQUARE

Latest income
£681k
Latest spending
£627k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that net assets grew to £2.7m with free cash reserves of £209,058, representing a 19% year-on-year increase. The charity reports a surplus before gains/losses of £53,932 and notes that its financial stability is healthy and improving, with sufficient income to meet expected expenses.

What the accounts disclose

Reserves policy: three months of anticipated expenses plus the costs of projected major work (held: £209k)
PCC policy is to maintain liquid funds (reserves) to cover at least three months of anticipated expenses plus the costs of projected major work. — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Andrew and Elizabeth Parker received gifts to the value of £3,000 (2024: £3,000) for their charitable work with Mission Aviation Fellowship. Andrew and Elizabeth are related parties due to being close family members with Timothy Parker on the Board of Trustees (PCC member).
Andrew and Elizabeth Parker received gifts to the value of £3,000 (2024: £3,000) for their charitable work with Mission Aviation Fellowship. Andrew and Elizabeth are related parties due to being close family members with Timothy Parker on the Board of Trustees (PCC member). Louisa Mulvaney (wife of Jamie Mulvaney, Vicar and Trustee) was reimbursed £23 during 2025 for ministry expenses. Gardiner Hunt (daughter of Stephanie Hunt, Trustee) was paid £90 for event staffing. Marylois Beard (wife of Mark Beard, Trustee) was reimbursed £547 for event expenses. — page 30
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2025)

Total income
£681k
Total spending
£627k
Reserves (reported)
£209k
Employees
8

Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: City Of Westminster

Income and spending

Financial year endIncomeSpending
31/12/2025£681k£627k
31/12/2024£607k£607k
31/12/2023£664k£684k
31/12/2022£760k£707k
31/12/2021£642k£687k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL, CHESTER SQUARE financially healthy?

The accounts state that net assets grew to £2.7m with free cash reserves of £209,058, representing a 19% year-on-year increase. The charity reports a surplus before gains/losses of £53,932 and notes that its financial stability is healthy and improving, with sufficient income to meet expected expenses. Its FY2025 accounts were independently examined.

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