THE PAROCHIAL CHURCH COUNCIL (PCC) OF THE ECCLESIASTICAL PARISH OF BROMSGROVE
Latest income
£315k
Latest spending
£381k
Registered
2009
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that net assets fell by £51,068 to £984,863, with the financial position deteriorating as income remained below required expenditure. The PCC has set a budget for 2025 with a deficit of approximately £90,000, largely due to increased clergy costs, though the trustees maintain a going concern basis due to adequate resources.
What the accounts disclose
Reserves policy: three months of unrestricted expenditure (held: £344k)
“The PCC’s policy is to hold free reserves broadly equivalent to 3 months’ expenditure”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- CAROLINE JOY SPENCER
- David Coulson
- Dorothy Woodhouse
- Eleanor Newbold
- HILDA ROXBOROUGH
- Ian Reading
- Janet Mary Hewer
- Julie Ann Hill
- Michelle Patricia Bovey
- Nan Marguerite Lawson Adie
- Norman Hewer
- PATRICIA HACKETT
- Philip Smiglarski
- Rachel Ann Jennings
- Rev Janet Hatton
- Rev RAY KHAN
- Rosemary Sumner
- Sue Ward
- Susan Bryant
- Suzanne Thompson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £315k | £381k |
| 31/12/2024 | £323k | £387k |
| 31/12/2023 | £334k | £400k |
| 31/12/2022 | £383k | £514k |
| 31/12/2021 | £304k | £187k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL (PCC) OF THE ECCLESIASTICAL PARISH OF BROMSGROVE financially healthy?
The accounts state that net assets fell by £51,068 to £984,863, with the financial position deteriorating as income remained below required expenditure. The PCC has set a budget for 2025 with a deficit of approximately £90,000, largely due to increased clergy costs, though the trustees maintain a going concern basis due to adequate resources. Its FY2024 accounts were independently examined.
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