THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MARY THE VIRGIN, BEDFONT
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves totalled £603,184, which is above the stated policy target of £25,800 (equivalent to three months of unrestricted payments). However, the charity reported a net expenditure on unrestricted funds of £1,617, driven by increased energy costs and the loss of significant donors, despite a large Gift Aid tax reclaim.
What the accounts disclose
“It is PCC policy to try to maintain a balance on unrestricted funds which equates to at least three months unrestricted payments. This is equivalent to 625, 800.” — page 6
Trustees
- Rev PHILIP SMITHchair
- CHRISTINE MURIEL SALTER
- Cliff Watson
- David Harvey
- Jacqueline Myers
- MISS SUE BREWERTON
- Marion Chapman
- ROBERT COLIN INGHAM BA, MIET
- ZENA ANNETTE STRUTT
- kate Lynch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £106k | £104k |
| 31/12/2023 | £135k | £134k |
| 31/12/2022 | £127k | £117k |
| 31/12/2021 | £109k | £101k |
| 31/12/2020 | £98k | £99k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MARY THE VIRGIN, BEDFONT financially healthy?
The accounts state that unrestricted reserves totalled £603,184, which is above the stated policy target of £25,800 (equivalent to three months of unrestricted payments). However, the charity reported a net expenditure on unrestricted funds of £1,617, driven by increased energy costs and the loss of significant donors, despite a large Gift Aid tax reclaim. Its FY2023 accounts were independently examined.
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