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

THE PAROCHIAL CHURCH COUNCIL OF THE ECCESIASTICAL PARISH OF ST MARGARET OF ANTIOCH, LEE

Registered charity 1132139 · accounts filings on the Charity Commission register · also known as ST MARGARET'S LEE PCC

Latest income
£299k
Latest spending
£370k
Registered
2009
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that total unrestricted reserves stood at £674,921 as of 31 December 2022, with a net asset position of £723,334. The trustees report that the charity broke even with a £29k surplus excluding quinquennial works, despite rising utility costs, and consider there are no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Reserves policy: majority of reserves be maintained as general funds (held: £675k)
“it was agreed in 2020 that the majority of reserves be maintained as general funds to ensure we were able to fulfil our commitments and ongoing mission of the church. We will maintain this stance” — page 8
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2021)

Total income
£648k
Total spending
£452k
Cost of raising funds
£3k
Reserves (reported)
£681k
Employees
5

Reported reserves equal ~18.1 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Lewisham

Income and spending

Financial year endIncomeSpending
31/12/2024£299k£370k
31/12/2023£310k£399k
31/12/2022£341k£350k
31/12/2021£648k£452k
31/12/2020£199k£287k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCESIASTICAL PARISH OF ST MARGARET OF ANTIOCH, LEE financially healthy?

The accounts state that total unrestricted reserves stood at £674,921 as of 31 December 2022, with a net asset position of £723,334. The trustees report that the charity broke even with a £29k surplus excluding quinquennial works, despite rising utility costs, and consider there are no material uncertainties regarding its ability to continue as a going concern. Its FY2022 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
COMMUNITY OF THE HOLY CROSS1£7k
SIR JOHN PRIESTMAN CHARITY TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARGARET'S WEST HOATHLY.