RECTORIAL BENEFICE OF COWBRIDGE PAROCHIAL CHURCH COUNCIL
A Parish within the Church in Wales Diocese of LLandaff.
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves stood at £256,870, which is above the stated policy target of six months' expenditure. However, the trustees note concerns regarding a projected 2026 budget deficit of £41,949 and significant outstanding repair liabilities for listed buildings, describing the erosion of reserves over the last three years as a matter of continuing caution.
What the accounts disclose
“The MAC reserve policy is to retain a balance of unrestricted “free” reserves, as working capital and to meet future shortfalls in income or unexpected expense, equal to at least six months expenditure.” — page 7
Trustees
- Andrea Christine Harries LLBchair
- Catherine Jane Coombs Mangles
- Catherine Margaret Langdon
- DAVID MILLS CROMPTON OBE MA
- David-Lloyd Jones
- JOHN GEORGE RICHARDS HOMFRAY
- Jennifer Mary Denham BA
- Jeremy Rawlings FRICS
- PAMELA JANE HARRIS
- PETER DAVIES
- Pamela Margaret Haines MA
- Penelope Ann Newman LLB
- Phillip Richard Evans M.Mus
- Rev Angela Cooper PhD BSc
- Rev Duncan Charles John Ballard M.Phil
- Rev Jude Peters
- STEPHANIE BONNAR
- Simon Walter Jones Lloyd BSc MRICS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £251k | £249k |
| 31/12/2024 | £492k | £404k |
| 31/12/2023 | £395k | £347k |
| 31/12/2022 | £454k | £523k |
| 31/12/2021 | £180k | £148k |
Common questions
Is RECTORIAL BENEFICE OF COWBRIDGE PAROCHIAL CHURCH COUNCIL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted free reserves stood at £256,870, which is above the stated policy target of six months' expenditure. However, the trustees note concerns regarding a projected 2026 budget deficit of £41,949 and significant outstanding repair liabilities for listed buildings, describing the erosion of reserves over the last three years as a matter of continuing caution. Its FY2025 accounts were independently examined.