Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETERS,TUNBRIDGE WELLS

Registered charity 1131548 · accounts filings on the Charity Commission register · also known as ST PETERS PCC, TUNBRIDGE WELLS

Latest income
£175k
Latest spending
£195k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves of £173,151 significantly exceed the PCC's policy target of three months' operating expenditure. However, the charity relies heavily on credit interest from large cash deposits to achieve its annual surplus, and without this interest, the accounts forecast a deficit of approximately £30,000 for the coming year.

What the accounts disclose

Reserves policy: three months operating expenditure (held: £173k)
“The PCC aim to hold three months operating expenditure in unrestricted funds.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: PCC members made unconditional donations
“During the financial year members of the PCC made donations to the Charity without conditions totalling £22,460.” — page 15
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2022)

Total income
£1.1m
Total spending
£184k
Cost of raising funds
£3k
Reserves (reported)
£1.0m
Employees
2

Reported reserves equal ~68.0 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/12/2024£175k£195k
31/12/2023£187k£160k
31/12/2022£1.1m£184k
31/12/2021£163k£135k
31/12/2020£171k£155k

Common questions

Is THE PAROCHIAL COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETERS,TUNBRIDGE WELLS financially healthy?

The accounts state that unrestricted reserves of £173,151 significantly exceed the PCC's policy target of three months' operating expenditure. However, the charity relies heavily on credit interest from large cash deposits to achieve its annual surplus, and without this interest, the accounts forecast a deficit of approximately £30,000 for the coming year. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE EARL OF NORTHAMPTON'S CHARITY1£38k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER & ST PAUL TONBRIDGE.