THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL'S, ST ALBANS
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a surplus of approximately £65k on its general fund, bringing total unrestricted reserves to £490,244. The trustees forecast that 2025 finances will be in the zone of breakeven due to changing donor demographics and rising costs. The charity maintains a salaries reserve policy of six months' gross salary costs and holds significant building and development funds.
What the accounts disclose
“Our policy is to hold in the General Fund (a) sufficient reserves to cover any forecast deficit for the next twelve months, plus (b) a margin of at least £30k for unexpected costs/falls in income so as to give us ‘breathing space’ to address these.” — page 20
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Babatunde Idowu
- Brandon Solomon
- David Keir
- David William Hardisty
- Heather Kingsman
- Helen Chilton
- JANE WILSON
- James Robert Wright
- Jon Evans
- Justyn David Evans
- KATHRYN RUTH WALKER
- Keith Parkhouse
- Laura Bull
- Michael Ford
- NICHOLAS SALISBURY
- Norman Leinster
- PAUL LAWRENCE
- Rachel Laanest
- Rev DIANE RUTH TREGALE
- Rev JOHN ERNEST TREGALE
- Rev Peter George Crumpler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £935k | £548k |
| 31/12/2024 | £684k | £597k |
| 31/12/2023 | £592k | £547k |
| 31/12/2022 | £528k | £555k |
| 31/12/2021 | £556k | £513k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL'S, ST ALBANS financially healthy?
The accounts state that the charity ended the year with a surplus of approximately £65k on its general fund, bringing total unrestricted reserves to £490,244. The trustees forecast that 2025 finances will be in the zone of breakeven due to changing donor demographics and rising costs. The charity maintains a salaries reserve policy of six months' gross salary costs and holds significant building and development funds. Its FY2024 accounts were audited by Myers Clark.
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