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

Church of England parochial church council

Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£299k
Latest spending
£370k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity recorded a deficit of £85k for the year, with total income of £310k and total expenditure of £398k. Per the trustees' report, unrestricted reserves stood at £574,639, which the trustees consider adequate to cover working capital and capital expenditure requirements for at least the next twelve months.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Rental income (44% of income)
“In 2023, rental activities from our various church buildings and Telecoms hire accounted for 44% (£140k).”
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: majority of reserves be maintained as general funds (held: £575k)
“Due to the uncertainty of the pandemic, 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 and will designate funds as and when required.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Duncan Atkinson received remuneration of £6,120 for provision of music as Director of Music.
“Duncan Atkinson received remuneration of £6,120 (2022: £6,120) during the year. Duncan Atkinson is the Director of Music, as well as a trustee, and he was paid the above for provision of music.” — page 23
“Nakessa Morgan received remuneration of £8,792 (2022: £8,200) during the year. Nakessa Morgan is the Finance Officer, as well as a trustee. She was paid the above for her Finance Officer position.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Nakessa Morgan received remuneration of £8,792 for her Finance Officer position.
“Duncan Atkinson received remuneration of £6,120 (2022: £6,120) during the year. Duncan Atkinson is the Director of Music, as well as a trustee, and he was paid the above for provision of music.” — page 23
“Nakessa Morgan received remuneration of £8,792 (2022: £8,200) during the year. Nakessa Morgan is the Finance Officer, as well as a trustee. She was paid the above for her Finance Officer position.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

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).

Per its annual return, cost of raising funds: 0.5% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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?

Per its FY2023 accounts: The accounts state that the charity recorded a deficit of £85k for the year, with total income of £310k and total expenditure of £398k. Per the trustees' report, unrestricted reserves stood at £574,639, which the trustees consider adequate to cover working capital and capital expenditure requirements for at least the next twelve months. 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
COMMUNITY OF THE HOLY CROSS1£10k
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.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PAROCHIAL CHURCH COUNCIL OF THE ECCESIASTICAL PARISH OF ST MARGARET OF ANTIOCH, LEE£299k—0above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARGARET'S WEST HOATHLY FY2025£121k—0unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LECHLADE FY2025£467k—0below—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EAST LEIGHTONSTONE FY2025£282k—0unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST KEA, TRURO FY2025£326k—0unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET, LEIGH ON SEA FY2025£160k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.