Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF OUR MOST HOLY REDEEMER, CLERKENWELL, LONDON EC1

Registered charity 1133774 · accounts filings on the Charity Commission register · also known as OUR MOST HOLY REDEEMER PCC

Latest income
£204k
Latest spending
£200k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a deficit of £4,526 for the year ended 31st December 2024, compared to a surplus in the prior year, largely due to significant grant income received for lighting and sound projects. However, the trustees report that the cash and reserves position remains very healthy, with net assets of £152,000 held at year-end. This comfortably exceeds the stated reserves policy target of £80,000, which is intended to maintain ongoing work for 12 months.

What the accounts disclose

Reserves policy: £80,000 (held: £152k)
“The PCC maintains a reserve policy of £80,000 to maintain its on-going work for 12 months” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2021)

Total income
£508k
Total spending
£504k
Cost of raising funds
£765
Reserves (reported)
£56k
Employees
1

Reported reserves equal ~1.3 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Islington

Income and spending

Financial year endIncomeSpending
31/12/2025£204k£200k
31/12/2024£298k£302k
31/12/2023£188k£152k
31/12/2022£154k£113k
31/12/2021£508k£504k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF OUR MOST HOLY REDEEMER, CLERKENWELL, LONDON EC1 financially healthy?

The accounts state that the charity generated a deficit of £4,526 for the year ended 31st December 2024, compared to a surplus in the prior year, largely due to significant grant income received for lighting and sound projects. However, the trustees report that the cash and reserves position remains very healthy, with net assets of £152,000 held at year-end. This comfortably exceeds the stated reserves policy target of £80,000, which is intended to maintain ongoing work for 12 months. Its FY2024 accounts were independently examined.

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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 MARY, ISLINGTON.