THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY OLDSWINFORD
To raise money to support the ministry and the fabric of St Mary's, Oldswinford
Financial health, per its FY2024 accounts
The accounts state a modest surplus of £5,304 for the year ended 31 December 2024, with total unrestricted reserves of £127,912. The Trustees consider that funds should cover operational costs for at least 3 months, a target which appears to be met given the cash levels. However, the report notes significant challenges regarding building repairs and a shortfall in Ministry Share payments to the Diocese.
What the accounts disclose
“The Trustees consider that the funds within the Charity should be at a level to cover operational costs for at least 3 months.” — page 6
Trustees
- Rev Jonathan Frederick Flitcroftchair
- ANTONY WALTER TATFORD
- Christine Anne McCullagh
- Georgina Suzanne Pearson
- Jill Finney
- Jonathon Drew Owen
- Judith Hall
- Judith Louise Dawn Nex B.Ed
- KATHARINE FRANCES FLETCHER
- MALCOLM WALTER FROST
- MARJORIE FERGUSON
- Mark Allan FUSSELL
- Michael Thomas Blaxland
- Peter Thomson
- Rev Claire Louise Cox
- STANLEY ERNEST WILLIAMS
- Susan Elizabeth Wakeley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £151k | £145k |
| 31/12/2023 | £148k | £148k |
| 31/12/2022 | £153k | £154k |
| 31/12/2021 | £146k | £145k |
| 31/12/2020 | £140k | £143k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY OLDSWINFORD financially healthy?
Per its FY2024 accounts: The accounts state a modest surplus of £5,304 for the year ended 31 December 2024, with total unrestricted reserves of £127,912. The Trustees consider that funds should cover operational costs for at least 3 months, a target which appears to be met given the cash levels. However, the report notes significant challenges regarding building repairs and a shortfall in Ministry Share payments to the Diocese. Its FY2024 accounts were independently examined.