THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, DEREHAM
Financial health, per its FY2022 accounts
The accounts state that the church's finances were under significant pressure during 2022, with the treasurer noting that the church was 'on a knife edge' and nearly went 'under the operating threshold at the bank' due to reduced planned giving and rising costs. Financial stability was restored through successful fundraising efforts and a late Christmas appeal, allowing the church to meet its obligations and freeze the parish share for 2023.
What the accounts disclose
“But the building fund is now empty, and we need to take stock before moving on.” — page 13
“So, during much of year the Church finances were on a knife edge with the treasurer expecting a problem as each month progressed. In fact, the finances were rescued by the hugely successful efforts by the fundraising teams. Then finally in November there was a problem, many invoices all arrived at once and it seemed we would go under the operating threshold at the bank. At that point we reluctantly decided that a Christmas appeal was still necessary, leading to a bounce back in Church finances in December.”
Trustees
- Jonathan Mark Thorpe
- Julie Lorraine Benstead
- MARION JOAN MORGAN
- PAUL EDWARDS
- Renee Lydia Bygrave
- Rev Michael Clive Newey
- Richard Bower
- SHEILA HANMER
- Susan Irenie Quinnell
- Susanne Elizabeth Warner
- Tim Eccleshall
- Timothy Paul Cara
- Zane Martin Hajee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £155k | £130k |
| 31/12/2024 | £133k | £125k |
| 31/12/2023 | £130k | £126k |
| 31/12/2022 | £111k | £116k |
| 31/12/2021 | £113k | £101k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, DEREHAM financially healthy?
The accounts state that the church's finances were under significant pressure during 2022, with the treasurer noting that the church was 'on a knife edge' and nearly went 'under the operating threshold at the bank' due to reduced planned giving and rising costs. Financial stability was restored through successful fundraising efforts and a late Christmas appeal, allowing the church to meet its obligations and freeze the parish share for 2023. Its FY2022 accounts were independently examined.