THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF OADBY
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with a significant financial surplus and total funds of just over £1 million, driven by legacy gifts and property revaluations. The trustees report that unrestricted reserves are at a healthy level of £50,000, which they consider sufficient to cover core operational costs. The charity confirms it has adequate resources to continue as a going concern with no material uncertainties.
What the accounts disclose
“It is the policy of the PCC to hold reserves equivalent to three months core operating costs (gross salaries and essential operating costs) at any one time.”
“During the year two Trustees were paid for their services as a verger for weddings & funerals. These were Donald Smith and Robert Morris. The combined total of their payments in 2023 was £825” — page 20
“Donations of £21,782 (2022: £15,389) were received during the year from 16 (2022: 16) Trustees & their partners. No conditions were attached to these donations.” — page 21
“During the year a grant of £2,160 was received from the Oadby Educational Foundation towards work with children. Donald Smith and Steve Bailey are trustees of the charity and also trustees of the Oadby Educational Foundation.” — page 21
“Donations of £21,782 (2022: £15,389) were received during the year from 16 (2022: 16) Trustees & their partners. No conditions were attached to these donations.” — page 21
“During the year a grant of £2,160 was received from the Oadby Educational Foundation towards work with children. Donald Smith and Steve Bailey are trustees of the charity and also trustees of the Oadby Educational Foundation.” — page 21
“Donations of £21,782 (2022: £15,389) were received during the year from 16 (2022: 16) Trustees & their partners. No conditions were attached to these donations.” — page 21
“During the year a grant of £2,160 was received from the Oadby Educational Foundation towards work with children. Donald Smith and Steve Bailey are trustees of the charity and also trustees of the Oadby Educational Foundation.” — page 21
Trustees
- Adrian Stuart Lane
- Angela Claire PITCHES
- Anne Dobson
- Christine Bilson
- Christine Broad
- Diane Vera PURVES
- Emily Charlotte Chetwynd
- Jacqueline KNIGHT ALA
- Jonathan Stocker
- Martin Willoughby Ward
- Mr Don Smith
- Mrs Pat Ellson
- Philip John COOMES
- Rev STEVE BAILEY
- Robert Morris
- Sian Eiluned DAVIES BA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £190k | £214k |
| 31/12/2023 | £212k | £178k |
| 31/12/2022 | £182k | £169k |
| 31/12/2021 | £171k | £146k |
| 31/12/2020 | £201k | £214k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF OADBY financially healthy?
The accounts state that the charity ended the year with a significant financial surplus and total funds of just over £1 million, driven by legacy gifts and property revaluations. The trustees report that unrestricted reserves are at a healthy level of £50,000, which they consider sufficient to cover core operational costs. The charity confirms it has adequate resources to continue as a going concern with no material uncertainties. Its FY2023 accounts were independently examined.
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