THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN WITH ST JULIAN, ST ALBANS
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £64,797 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves to £190,447. The trustees' report notes that unrestricted expenditure increased significantly, mainly due to church expenses, despite a reduction in the Parish Share. The charity holds unrestricted reserves of £190,447, which the trustees consider prudent given their stated policy targets.
What the accounts disclose
“It is considered prudent to ensure that reserves are greater than six months' expenditure to allow three months to identify a problem and another three months for action to show results.” — page 7
“A spouse of one of the trustees was paid £16,992 for self-employed work for the charity (2023: £14,036). One of the trustees was paid £2,400 for providing cleaning services to St Julian's Church (2023: £2,080).” — page 18
Trustees
- ANDREW SHARP
- Anne Jefferson-Bowyer
- Anthony Phillip Coles
- Dr Tim Vellacott
- JOANNA LINDA FIELD
- Janet Smith
- Joan Mary Willatt
- Julia Pyburn
- Julie Margaret Ann Bull
- Karen Pett
- Katharine Myfanwy Newton
- NEIL ANDREW JOHNSTON
- RICHARD PETHER
- ROBERTA ISABELLE JONES
- Rev Antonia Charlotte Hudson
- Rev Sherine Victoria Angus
- Susan Rebecca Lutz
- Yvonne Broadway
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £227k | £292k |
| 31/12/2023 | £349k | £264k |
| 31/12/2022 | £189k | £182k |
| 31/12/2021 | £192k | £199k |
| 31/12/2020 | £180k | £159k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN WITH ST JULIAN, ST ALBANS financially healthy?
The accounts state that the charity reported a net deficit of £64,797 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves to £190,447. The trustees' report notes that unrestricted expenditure increased significantly, mainly due to church expenses, despite a reduction in the Parish Share. The charity holds unrestricted reserves of £190,447, which the trustees consider prudent given their stated policy targets. Its FY2024 accounts were independently examined.
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