THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, GUISBOROUGH
Financial health, per its FY2024 accounts
The accounts state that general reserves stood at £60,720, which is above the stated policy target of £42,303 to £56,510. However, the general fund experienced a net outgoing resource of £9,804.63 for the year, contrasting with a surplus in the previous year, while total funds increased due to significant gains on investments and restricted tower funds.
What the accounts disclose
“The PCC considers it sound financial management to maintain reserves of between 25% and 33% of annual turnover. This implies that general reserves of around £42,303 to £56,510 are required in respect of the budgeted expenditure for 2025 of £177,780.” — page 4
Trustees
- REV Alison Phillipsonchair
- ALWYN JONES
- Barbara Julian
- David William Welsh
- Helen Claire Wells
- Helen Elizabeth Dalton
- Ian David Bryan
- Irene Wilkinson
- John Leonard Douglass
- Louise Mary Brownlie
- Mr Chris Nicholson
- Mrs Sue Leather
- Nancy Webb
- Nicholas Harper Wells
- Nicky Clay
- Paul Cranfield
- SUSAN HILL
- Sharon Milburn
- Tracy Clarvis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £291k | £222k |
| 31/12/2023 | £232k | £254k |
| 31/12/2022 | £210k | £184k |
| 31/12/2021 | £191k | £291k |
| 31/12/2020 | £196k | £209k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, GUISBOROUGH financially healthy?
The accounts state that general reserves stood at £60,720, which is above the stated policy target of £42,303 to £56,510. However, the general fund experienced a net outgoing resource of £9,804.63 for the year, contrasting with a surplus in the previous year, while total funds increased due to significant gains on investments and restricted tower funds. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 24/02/2014 | £10k | "Guisborough War Stories and Home Front Event" |
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