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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST MATTHEW CROYDON

Registered charity 1132508 · accounts filings on the Charity Commission register · also known as ST MATTHEW'S PCC, CROYDON

Latest income
£164k
Latest spending
£193k
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves increased to £166,007, with free reserves (unrestricted funds less fixed assets) at £163,371. The charity maintains a cash reserve policy requiring a minimum of £75,000 to pay bills and cover unexpected expenses. The trustees report that the PCC has adequate resources to continue operating, with no material uncertainties identified.

What the accounts disclose

Reserves policy: minimum reserve of cash of £75,000 (held: £166k)
“The PCC has agreed a policy of maintaining a minimum reserve of cash, so that we can pay our bills as they arrive and to provide a cushion against any unexpected expenses. If the cash balance falls below £75,000, (agreed by PCC) no avoidable expenditure will be undertaken until the reserve has been restored.” — page 8
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: The Relief Parish Administrator is paid a salary to cover holidays etc., is also a Trustee. The appointment was agreed by the Charity Commissioners. No other trustee received any form of remuneration.
“The Relief Parish Administrator is paid a salary to cover holidays etc., is also a Trustee. The appointment was agreed by the Charity Commissioners. No other trustee received any form of remuneration.” — page 18
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Croydon

Income and spending

Financial year endIncomeSpending
31/12/2024£164k£193k
31/12/2023£192k£135k
31/12/2022£159k£158k
31/12/2021£171k£124k
31/12/2020£145k£127k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST MATTHEW CROYDON financially healthy?

The accounts state that unrestricted reserves increased to £166,007, with free reserves (unrestricted funds less fixed assets) at £163,371. The charity maintains a cash reserve policy requiring a minimum of £75,000 to pay bills and cover unexpected expenses. The trustees report that the PCC has adequate resources to continue operating, with no material uncertainties identified. Its FY2023 accounts were independently examined.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY EDWINSTOWE.