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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, LUTON

Registered charity 1132078 · accounts filings on the Charity Commission register · also known as LUTON ST MARY'S PCC

Latest income
£284k
Latest spending
£279k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a total net deficit of £77,988 for the year ended 31 December 2023, primarily driven by significant capital investments in building repairs and replacements. The underlying deficit for day-to-day ministry running was £8,500, and the trustees have accepted a projected deficit of £48,600 for 2024 due to lower expected hiring income and congregational giving. Despite these deficits, the PCC maintains that resources are sufficient to continue as a going concern.

What the accounts disclose

Reserves policy: three to six months expenditure (held: £380k)
“This states that they will retain reserves at a maximum level of six months expenditure and a minimum level of three months expenditure.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payments to PCC members for stewarding events
“Payments were made to members of the P.C.C. in respect of stewarding events in the church fully funded by the hirers. They were to John Mascoll an amount of £150 and Anthony Moss an amount of £90 in 2023.” — page 32
“Peter Adams has received support in respect of his Inter-Cultural Relations work amounting to £3,000 in 2023 (2022: £3,000) and this is fully funded from specific donations received.” — page 32
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration to PCC member for specific work
“Payments were made to members of the P.C.C. in respect of stewarding events in the church fully funded by the hirers. They were to John Mascoll an amount of £150 and Anthony Moss an amount of £90 in 2023.” — page 32
“Peter Adams has received support in respect of his Inter-Cultural Relations work amounting to £3,000 in 2023 (2022: £3,000) and this is fully funded from specific donations received.” — page 32
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Miller & Co.

Public fundraising profile: JustGiving — Luton St Mary's Church (matched by registered charity number).

Register events

Trustees

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

Operates in: Luton

Income and spending

Financial year endIncomeSpending
31/12/2024£284k£279k
31/12/2023£253k£331k
31/12/2022£264k£306k
31/12/2021£212k£236k
31/12/2020£200k£221k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, LUTON financially healthy?

The accounts state that the charity reported a total net deficit of £77,988 for the year ended 31 December 2023, primarily driven by significant capital investments in building repairs and replacements. The underlying deficit for day-to-day ministry running was £8,500, and the trustees have accepted a projected deficit of £48,600 for 2024 due to lower expected hiring income and congregational giving. Despite these deficits, the PCC maintains that resources are sufficient to continue as a going concern. Its FY2023 accounts were audited by Miller & Co.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY, BOURNE STREET, LONDON.