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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE AND CHRIST CHURCH, CHELSEA

Registered charity 1133092 · accounts filings on the Charity Commission register · also known as ST LUKE & CHRIST CHURCH PCC

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Latest income
£8.9m
Latest spending
£970k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted free reserves of £760,735 are sufficient to meet the charity's policy target of six months of unrestricted expenditure. The charity reports a significant increase in total income to £8,886,247, largely driven by the valuation of church halls, and notes a movement towards financial stability following the transfer of hall management to the PCC.

What the accounts disclose

Reserves policy: six months of unrestricted expenditure (held: £761k)
“It is the PCC’s policy to maintain a balance on unrestricted funds which equates to six months of unrestricted expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£8.9m
Total spending
£970k
Reserves (reported)
£761k
Employees
6

Reported reserves equal ~9.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kensington And Chelsea

Income and spending

Financial year endIncomeSpending
31/12/2024£8.9m£970k
31/12/2023£778k£815k
31/12/2022£742k£891k
31/12/2021£836k£750k
31/12/2020£630k£663k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE AND CHRIST CHURCH, CHELSEA financially healthy?

The accounts state that unrestricted free reserves of £760,735 are sufficient to meet the charity's policy target of six months of unrestricted expenditure. The charity reports a significant increase in total income to £8,886,247, largely driven by the valuation of church halls, and notes a movement towards financial stability following the transfer of hall management to the PCC. Its FY2024 accounts were audited by HaysMac LLP.