THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST SIMON ZELOTES UPPER CHELSEA
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased by £25,340 to £439,334 at year-end, driven by a modest rise in total income and reduced expenditure on building projects compared to the prior year. The charity holds significant unrestricted reserves, including a designated fund of £353,588 held primarily as short-term deposits, which provides substantial liquidity. Per the trustees' report, the church maintains a policy of supporting other charities with annual sums and aims for 'away giving' to be 10% of income.
What the accounts disclose
“N Dunhill & Co, a business controlled by Nicholas Dunhill, a PCC Member, charged £10,052 (2023: £17,411) for accountancy services provided to the church for the year.” — page 36
“Nicholas also charged £137 through ParcelSpace Ltd, a company he controls, for assistance maintaining credit card donations and other computer assistance in 2023 (2024: £Nil).”
“N Dunhill & Co, a business controlled by Nicholas Dunhill, a PCC Member, charged £10,052 (2023: £17,411) for accountancy services provided to the church for the year.” — page 36
“Nicholas also charged £137 through ParcelSpace Ltd, a company he controls, for assistance maintaining credit card donations and other computer assistance in 2023 (2024: £Nil).”
Trustees
- Dr Thomas David Miller
- EDWARD ROSE
- Elizabeth Helen Heighway
- Faye Elizabeth Grundy
- Frederick David Quinlan Wilkinson
- George Walker
- Henry Isaac Grainge Biggs
- Katie Victoria Jenner
- Lord Michael Stahel Farmer
- Mark Jonathan Gilmore
- Nicholas Vernon Aidan Dunhill
- Rev Joseph Ammoun
- Rev Michael Neville
- Richard George Miller
- SHAYNE BROWNFIELD POPE
- SUSAN BADMAN
- Sarah Kate Phillips
- Susan Wajih
- Victoria Gallagher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £438k | £413k |
| 31/12/2023 | £442k | £477k |
| 31/12/2022 | £393k | £330k |
| 31/12/2021 | £361k | £264k |
| 31/12/2020 | £330k | £229k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST SIMON ZELOTES UPPER CHELSEA financially healthy?
The accounts state that unrestricted funds increased by £25,340 to £439,334 at year-end, driven by a modest rise in total income and reduced expenditure on building projects compared to the prior year. The charity holds significant unrestricted reserves, including a designated fund of £353,588 held primarily as short-term deposits, which provides substantial liquidity. Per the trustees' report, the church maintains a policy of supporting other charities with annual sums and aims for 'away giving' to be 10% of income. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RICHMOND CHURCH CHARITY ESTATES | 1 | £446k |
| MAGNIFY FOUNDATION | 1 | £55k |
| SCHRODER CHARITY TRUST | 1 | £4k |
| THE COSTA FAMILY CHARITABLE TRUST | 1 | £3k |
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