THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.ANDREW'S,PRESTON WITH SUTTON POYNTZ
Financial health, per its FY2023 accounts
The accounts state that the net worth of the Parochial Church Council decreased by £45,800 to £662,368, primarily due to a £58,500 deficit on restricted funds covering fabric restoration. The Treasurer's report notes that excluding unrealised investment gains, the General Account improved by only £2,500, and warns that paying the full Parish Share would have resulted in an unsustainable deficit of over £30,000 against current assets.
What the accounts disclose
“It is our policy to invest our funds balance with CBF Church of England Deposit Fund.” — page 6
Trustees
- Rev James Kingsley Menzieschair
- Caroline Crisp
- Denise Kepple
- Elizabeth Wood
- Ian Michael Jefferis
- Julie Alison Burton Mrs
- MRS SHIRLEY JUNE DAVIES
- Roger Charles Rodemark
- THERESA MARIE CLAYTON
- Thomas Raymond Garrett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £112k | £113k |
| 31/12/2023 | £71k | £127k |
| 31/12/2022 | £61k | £77k |
| 31/12/2021 | £67k | £81k |
| 31/12/2020 | £88k | £176k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.ANDREW'S,PRESTON WITH SUTTON POYNTZ financially healthy?
The accounts state that the net worth of the Parochial Church Council decreased by £45,800 to £662,368, primarily due to a £58,500 deficit on restricted funds covering fabric restoration. The Treasurer's report notes that excluding unrealised investment gains, the General Account improved by only £2,500, and warns that paying the full Parish Share would have resulted in an unsustainable deficit of over £30,000 against current assets. Its FY2023 accounts were audited by Roger B Wilson.
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