THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GEORGE, JESMOND.
Financial health, per its FY2023 accounts
The accounts state that the charity incurred a net deficit of £10,822 on unrestricted funds for the year, leading to a reduction in free reserves to £30,482. This figure is explicitly stated to fall short of the minimum amount of around £45,000 required under the PCC’s Reserves Policy. The Treasurer reports that while reserves are being brought under control, the charity remains dependent on reduced Parish Share payments and external trust donations to manage operational costs.
What the accounts disclose
“free reserves had reduced further by £1,580 to £30,482, which still falls short of the minimum amount of around £45,000 required under the PCC’s Reserves Policy.” — page 32
“During the year, Nigel Russell-Sewell was paid a £800 Choral scholarship and £115 in session fees. Other members of the PCC were reimbursed expenses incurred on behalf of the PCC amounting in total to £5,775.” — page 42
“During the year, Nigel Russell-Sewell was paid a £800 Choral scholarship and £115 in session fees. Other members of the PCC were reimbursed expenses incurred on behalf of the PCC amounting in total to £5,775.” — page 42
Year-over-year changes
- Going concern: going-concern doubt noted (FY2022) → no going-concern doubt (FY2023).
Trustees
- Alison Mattinson
- Dr Elizabeth Mora Joan Wilson
- Dr LANA YAN JUN LIU PhD
- Dr Thomas Peter Klenka
- IZZY MCDONALD-BOOTH
- JOAN ELIZABETH GRENFELL
- James Parkin
- Kathleen Elizabeth Plumley MA
- Michael Norman De La Hunt
- Nigel Vincent Russell-Sewell
- Prof Janet Wilson
- Rev Deborah Loughran
- William Brent Swinburne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £311k | £311k |
| 31/12/2024 | £452k | £273k |
| 31/12/2023 | £283k | £247k |
| 31/12/2022 | £270k | £240k |
| 31/12/2021 | £267k | £303k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GEORGE, JESMOND. financially healthy?
The accounts state that the charity incurred a net deficit of £10,822 on unrestricted funds for the year, leading to a reduction in free reserves to £30,482. This figure is explicitly stated to fall short of the minimum amount of around £45,000 required under the PCC’s Reserves Policy. The Treasurer reports that while reserves are being brought under control, the charity remains dependent on reduced Parish Share payments and external trust donations to manage operational costs. Its FY2023 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 11/12/2024 | £164k | "Discover Jesmond 1888" |
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