THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST EDMUND, DARTFORD.
Financial health, per its FY2023 accounts
The accounts state that the charity operated at a deficit of £9,143 for the year ended 31 December 2023, resulting in a decrease in total bank balances from £204,142 to £193,964. The trustees report that unrestricted reserves have fallen to approximately two months of expenditure, below their stated policy target of three months, due to circumstances known to the Diocese. Despite this, the charity remains solvent with no material uncertainties disclosed regarding its ability to continue as a going concern.
What the accounts disclose
“The PCC recognises that it should always seek to maintain sufficient ‘unrestricted’ funds, which are the free reserves of the charity, at a level which equates to approximately three months unrestricted expenditure.” — page 15
Trustees
- Deborah Westerby
- LORRAINE BATHGATE
- MR A.S. CARR
- Robert Etheridge
- Sharon Earl
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £144k | £135k |
| 31/12/2023 | £97k | £106k |
| 31/12/2022 | £74k | £76k |
| 31/12/2021 | £57k | £55k |
| 31/12/2020 | £34k | £46k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST EDMUND, DARTFORD. financially healthy?
The accounts state that the charity operated at a deficit of £9,143 for the year ended 31 December 2023, resulting in a decrease in total bank balances from £204,142 to £193,964. The trustees report that unrestricted reserves have fallen to approximately two months of expenditure, below their stated policy target of three months, due to circumstances known to the Diocese. Despite this, the charity remains solvent with no material uncertainties disclosed regarding its ability to continue as a going concern. Its FY2023 accounts were independently examined.
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