THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN-IN-THE-FIELDS, LONDON
Responsible for the management of the church and all its related activities.Mission Statement: St Martin-in-the-Fields exists to honour God by being an open and inclusive church, that enables people to question and discover for themselves the significance of Jesus Christ.
Financial health, per its FY2024 accounts
The accounts state that the group achieved a net surplus of £540k in 2024, reversing a previous deficit, with total net assets rising to £1.3m. However, the trustees note that free reserves amounted to £nil when including the trading subsidiary's operating loss, and the PCC is resolved to review its reserves policy to achieve a stronger long-term position. The financial review highlights that while progress has been made, the group must continue to navigate a tight trading environment and national insurance increases to restore full financial stability.
What the accounts disclose
“At the end of 2024, the PCC’s (and Group’s) unrestricted funds stood at a surplus of £0.1m (2023: deficit of £0.3m). Free reserves, when including SMITFL 2024 operating loss, amounted to £nil (2023: £nil).” — page 17
“The Connection occupies part of the buildings at St Martin-in-the-Fields and paid a rental charge of £160,000 (2023: £133,750) of rental and related charges to St Martin-in-the Fields Limited.” — page 48
“Income received by the Trust which was subsequently gifted onto the PCC was £913,968 (2023: £783,418)”
“The Connection occupies part of the buildings at St Martin-in-the-Fields and paid a rental charge of £160,000 (2023: £133,750) of rental and related charges to St Martin-in-the Fields Limited.” — page 48
“Income received by the Trust which was subsequently gifted onto the PCC was £913,968 (2023: £783,418)”
“The Connection occupies part of the buildings at St Martin-in-the-Fields and paid a rental charge of £160,000 (2023: £133,750) of rental and related charges to St Martin-in-the Fields Limited.” — page 48
“Income received by the Trust which was subsequently gifted onto the PCC was £913,968 (2023: £783,418)”
“The Connection occupies part of the buildings at St Martin-in-the-Fields and paid a rental charge of £160,000 (2023: £133,750) of rental and related charges to St Martin-in-the Fields Limited.” — page 48
“Income received by the Trust which was subsequently gifted onto the PCC was £913,968 (2023: £783,418)”
“The Connection occupies part of the buildings at St Martin-in-the-Fields and paid a rental charge of £160,000 (2023: £133,750) of rental and related charges to St Martin-in-the Fields Limited.” — page 48
“Income received by the Trust which was subsequently gifted onto the PCC was £913,968 (2023: £783,418)”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Adenike Awoyinka
- Daniel Joseph Kaszeta
- Dr Frances Anne Katharine Denniss
- Fiona Mary Rhona MacMillan
- Hiu Tung Chow
- Jane Amanda Templeman
- Jane Elizabeth Ware
- Jeff Alan Claxton
- Jessica Templeman
- John Hayes Chellman
- Jonathan James Nicholas Edwards
- Lois Kate Howarth
- Melvene Adams
- Rachel Georgina Jane Morrison
- Rev Andrew John Woodward
- Rev RICHARD CARTER
- THE REVEREND DR SAMUEL MARTIN BAILEY WELLS
- Wai Keung Chan
- Yen Wai-Yan Leung
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £8.4m | £7.9m |
| 31/12/2023 | £7.3m | £7.4m |
| 31/12/2022 | £5.6m | £6.1m |
| 31/12/2021 | £3.8m | £4.0m |
| 31/12/2020 | £3.9m | £4.6m |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN-IN-THE-FIELDS, LONDON financially healthy?
Per its FY2024 accounts: The accounts state that the group achieved a net surplus of £540k in 2024, reversing a previous deficit, with total net assets rising to £1.3m. However, the trustees note that free reserves amounted to £nil when including the trading subsidiary's operating loss, and the PCC is resolved to review its reserves policy to achieve a stronger long-term position. The financial review highlights that while progress has been made, the group must continue to navigate a tight trading environment and national insurance increases to restore full financial stability. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SCHRODER FOUNDATION | 1 | £150k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £71k |
| THE CRUCIBLE FOUNDATION | 1 | £50k |
| THE DORFMAN FOUNDATION | 1 | £16k |
| THE JOHN HORSEMAN TRUST | 1 | £15k |
| SANDRA CHARITABLE TRUST | 1 | £12k |
| THE MATERIAL WORLD FOUNDATION LIMITED | 1 | £8k |
| Q CHARITABLE TRUST | 1 | £5k |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN, WEST ACTON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT GILES IN THE FIELDS LONDON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET OF ANTIOCH, RAINHAM, KENT
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN, LISKEARD
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.AUGUSTINES, GILLINGHAM, KENT
- ST MARTIN-IN-THE-FIELDS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN-IN-THE-FIELDS, LONDON | £8.4m | — | — | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN, WEST ACTON | £107k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT GILES IN THE FIELDS LONDON | £682k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET OF ANTIOCH, RAINHAM, KENT | £164k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN, LISKEARD | £887k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.AUGUSTINES, GILLINGHAM, KENT | £102k | — | 0 | above | — | no doubt |