THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAULS, CAMBERLEY
Financial health, per its FY2022 accounts
The accounts state that the charity generated a surplus of over £42,000 for unrestricted funds in 2022, with total income exceeding £445,000 against expenditure of approximately £414,000. However, the trustees report that the church is operating at the limit of its reserves policy, with unrestricted reserves standing at about £37,000 against a target of £46,000. The charity remains a going concern, though it notes a dependence on a dozen donors for more than 40% of its income.
What the accounts disclose
“the PCC usually aims to keep the balance of unrestricted reserves to at least three months' running costs, excluding external giving and Parish Share i.e. £46,000.”
“For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used.” — page 30
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANGELA CARROLL
- Charlotte Jane Cooper
- Chukwuma Innocent Anyaoha
- David Mark Tolley
- David Williams
- Gillian Ann Hodgkins
- Gillian Fernandes
- HOWARD GORDON MASON
- James Michael Rust
- Jill Davis
- John Leonard Winterton
- Maj Gen Roderick John Murray Porter MBE
- Oliver John Deeks
- Oluchi Ifunanya Tabansi
- Rev Benjamin James Perkins
- Rev Heather Jane Valletta
- Rev Sophie Rebecca Lovesmith
- Stefan Carl
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £564k | £424k |
| 31/12/2023 | £468k | £414k |
| 31/12/2022 | £445k | £414k |
| 31/12/2021 | £391k | £361k |
| 31/12/2020 | £375k | £402k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAULS, CAMBERLEY financially healthy?
The accounts state that the charity generated a surplus of over £42,000 for unrestricted funds in 2022, with total income exceeding £445,000 against expenditure of approximately £414,000. However, the trustees report that the church is operating at the limit of its reserves policy, with unrestricted reserves standing at about £37,000 against a target of £46,000. The charity remains a going concern, though it notes a dependence on a dozen donors for more than 40% of its income. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ERSKINE MUTON TRUST FUND | 1 | £10k |
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