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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST CHELTENHAM TEAM MINISTRY

Registered charity 1133887 · accounts filings on the Charity Commission register · also known as Parish of West Cheltenham Parochial Church Council, WEST CHELTENHAM TEAM MINISTRY PCC

Latest income
£330k
Latest spending
£437k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity achieved a surplus of £46,303 for the year ended 31 December 2023, compared to a deficit in the prior year, driven by a significant increase in income from legacies and grants. Total unrestricted reserves stood at £262,712, with only £4,472 held in the general fund, while the majority was designated for fixed assets. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: not to build up large reserves in the General Fund (held: £4k)
“It is not the intention of the PCC to build up large reserves in the General Fund but rather to use donated monies to meet the mission of our church.” — page 10
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations made by PCC members
“Identifiable donations were made by PCC members in the year ended 31 December 2023 of £2,740” — page 27
“Donations were made to Family Space (now owned by Cheltenham YMCA), of which Mike Horne is chair, of £1,650” — page 28
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations to Family Space (Mike Horne is chair)
“Identifiable donations were made by PCC members in the year ended 31 December 2023 of £2,740” — page 27
“Donations were made to Family Space (now owned by Cheltenham YMCA), of which Mike Horne is chair, of £1,650” — page 28
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Rental income from Cheltenham YMCA (Mike Horne is chair)
“Identifiable donations were made by PCC members in the year ended 31 December 2023 of £2,740” — page 27
“Donations were made to Family Space (now owned by Cheltenham YMCA), of which Mike Horne is chair, of £1,650” — page 28
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2023)

Total income
£531k
Total spending
£485k
Reserves (reported)
£233k
Employees
4

Reported reserves equal ~5.8 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£330k£437k
31/12/2023£531k£485k
31/12/2022£324k£440k
31/12/2021£374k£323k
31/12/2020£292k£313k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST CHELTENHAM TEAM MINISTRY financially healthy?

The accounts state that the charity achieved a surplus of £46,303 for the year ended 31 December 2023, compared to a deficit in the prior year, driven by a significant increase in income from legacies and grants. Total unrestricted reserves stood at £262,712, with only £4,472 held in the general fund, while the majority was designated for fixed assets. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.

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.

FunderSimilar charities fundedAmount to them
ERSKINE MUTON TRUST FUND1£10k

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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 CHRIST CHURCH, CHEYLESMORE, COVENTRY.