THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST WITH CHRIST CHURCH, HOXTON(DIOCESE OF LONDON)
Registered charity 1133109 · accounts filings on the Charity Commission register · also known as ST JOHN'S CHURCH HOXTON
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £14,740 for the year ended 31 December 2024, a significant improvement from the previous year's loss. However, the trustees note that free reserves remain below their stated policy target of three months' running costs, having been depleted by previous building and staffing issues. The financial position is supported by recent grant funding and improved trading income, with the PCC satisfied that reserves will begin to replenish in 2025.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“At the year ended 31st December 2024, the free reserves had not reached this level and the PCC is striving to meet this as soon as possible.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“During 2021-2023 St John’s Hoxton experienced significant financial contraction and spent a large portion of free reserves on resolving building and staffing issues. The dividends from the car parking business had also taken a significant downturn reducing contributions to the church. During the first half of 2024 significant effort was made to increase car park revenues, and the result was that by the second half of 2024 the business was performing well and contributions to the church returned to our anticipated levels. Staff restructuring during 2024 has also created payroll savings. Participation in a significant mission project focused on youth work in partnership with the Diocese has also resulted in significant grant funding from September 2024 through to mid-2030. By the end of 2024 the PCC were satisfied that we had turned a corner and would begin to replenish free reserves in 2025.” — page 42
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Revd Graham Hunter holds senior governance roles in related organisations (Streetlevel, London Diocesan Fund, etc.).
“Revd Graham Hunter holds a number of senior governance roles in related organisations: - Streetlevel (chair of trustees) - London Diocesan Fund (Trustee/Director) - Haberdashers’ Company Court of Assistants & Charities Committee (Member) - St John the Baptist Primary School - Local Advisory Board member (School Governor)” — page 42
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: St John's Hoxton Management Company Ltd
“The St John's Hoxton Management Company Ltd was established in October 2009 as a wholly owned trading subsidiary of the PCC of St John’s Hoxton. It was formed to manage the car parking operations of the church.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit).
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.
Structured financials (annual return, FY ending 31/12/2021)
Reported reserves equal ~0.9 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).
Trustees
- Rev GRAHAM HUNTERchair · trustee of 2 other charities
- Arlene Berna Klue
- David Annor
- Ian Paul Nelthorpe
- Maria Winifred Demetriou
- Olivette Thompson
- Olujare Olajide
- Precious Inegbenose
- Raymond Wei Sung Tang
- Rev Bosede Olabisi Victoria Owa
- Sarah Joshi · trustee of 1 other charity
- Vera Kesewah
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hackney
Income and spending
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST WITH CHRIST CHURCH, HOXTON(DIOCESE OF LONDON) financially healthy?
The accounts state that the charity reported a surplus of £14,740 for the year ended 31 December 2024, a significant improvement from the previous year's loss. However, the trustees note that free reserves remain below their stated policy target of three months' running costs, having been depleted by previous building and staffing issues. The financial position is supported by recent grant funding and improved trading income, with the PCC satisfied that reserves will begin to replenish in 2025. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, CHURT AND RUSHMOOR.