THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ALL ANGELS, PENKRIDGE
Latest income
£121k
Latest spending
£118k
Registered
2009
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total receipts decreased to £121,419 from £140,617 in the prior year, while total expenses fell to £118,348 from £138,497. Free reserves increased to £35,982, exceeding the stated policy target of £28,800, although the document notes that St Michael’s specific reserves are below its individual target.
What the accounts disclose
Reserves policy: three months unrestricted payments (held: £36k)
“It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £28,800 (2023 : £28,050).” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Mrs C. French received £5,030 for roles as Church Administrator and Verger.
“Mrs C. French has received £5030 during 2024 for her role as Church Administrator and Verger.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from PCC Members
“Donations from related parties (PCC Members) during the year totalled £9,830. Of these donations £240 were restricted and the rest were received without conditions.” — page 6
“Mrs C. French has received £5030 during 2024 for her role as Church Administrator and Verger. She is not involved in any PCC discussions concerning her roles and does not vote on them.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration to Trustee
“Donations from related parties (PCC Members) during the year totalled £9,830. Of these donations £240 were restricted and the rest were received without conditions.” — page 6
“Mrs C. French has received £5030 during 2024 for her role as Church Administrator and Verger. She is not involved in any PCC discussions concerning her roles and does not vote on them.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- GREG YERBURYchair
- AMANDA MARY ARTHUR
- CHRISTINE MARGARET BEARDMORE
- Carole Elaine French
- Claire Holden
- DAVID STEVEN SPENCER
- David Christopher Knaggs
- EDWARD GEORGE HODKINSON
- HELEN ELIZABETH PALFREY
- Ian Price
- JOHN HOWARD LINNEY
- Mary Gwendolyn
- Philip Haime
- ROGER MAIDEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £121k | £118k |
| 31/12/2023 | £141k | £138k |
| 31/12/2022 | £111k | £114k |
| 31/12/2021 | £96k | £92k |
| 31/12/2020 | £112k | £143k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ALL ANGELS, PENKRIDGE financially healthy?
The accounts state that total receipts decreased to £121,419 from £140,617 in the prior year, while total expenses fell to £118,348 from £138,497. Free reserves increased to £35,982, exceeding the stated policy target of £28,800, although the document notes that St Michael’s specific reserves are below its individual target. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASCOT ROUND TABLE NO 929 | 1 | £4k |
| THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST | 1 | £2k |
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