Charity Accounts Intelreading the accounts so you don’t have to

The Parochial Church Council of the Ecclesiastical Benefice of Medstead and Four Marks

Registered charity 1132545 · accounts filings on the Charity Commission register · also known as COGS PCC, FOUR MARKS, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FOUR MARKS

Latest income
£302k
Latest spending
£258k
Registered
2009
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net deficit of £12,344 for the year ended 31 December 2022, resulting in total reserves of £68,934. The trustees note that a deficit of £36k is predicted by the end of 2023, which would cause reserves to drop below the stated policy requirements towards the second half of the year.

What the accounts disclose

Payments to trustees: Payments to PCC members for cleaning services (£1,377) and organ playing fees.
“During the year, the only payments to members of the PCC for services rendered other than for Verger attending and organ playing fees at weddings and funerals were for cleaning the church amounting to £1377 (2021 : £1110)” — page 11
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Donations from PCC members/spouses
“The aggregate amount of donations received by the Church from members of the PCC and/or their spouses was £64222 (2021: £60396), of which £9775 (2021: £1285) related to restricted projects.” — page 11
“During the year, the only payments to members of the PCC for services rendered other than for Verger attending and organ playing fees at weddings and funerals were for cleaning the church amounting to £1377 (2021 : £1110)” — page 11
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Payments to PCC members for cleaning services
“The aggregate amount of donations received by the Church from members of the PCC and/or their spouses was £64222 (2021: £60396), of which £9775 (2021: £1285) related to restricted projects.” — page 11
“During the year, the only payments to members of the PCC for services rendered other than for Verger attending and organ playing fees at weddings and funerals were for cleaning the church amounting to £1377 (2021 : £1110)” — page 11
Per its FY2022 accounts as filed with the Charity Commission.
Pension scheme deficit: £4.8m
“For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on ongoing assumputions used.” — page 12
Per its FY2022 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: Hampshire

Income and spending

Financial year endIncomeSpending
31/12/2024£302k£258k
31/12/2023£214k£206k
31/12/2022£227k£239k
31/12/2021£237k£237k
31/12/2020£240k£243k

Common questions

Is The Parochial Church Council of the Ecclesiastical Benefice of Medstead and Four Marks financially healthy?

The accounts state that the charity reported a net deficit of £12,344 for the year ended 31 December 2022, resulting in total reserves of £68,934. The trustees note that a deficit of £36k is predicted by the end of 2023, which would cause reserves to drop below the stated policy requirements towards the second half of the year. Its FY2022 accounts were independently examined.

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