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

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. CHAD, LICHFIELD

Registered charity 1134015 · accounts filings on the Charity Commission register · also known as ST. CHAD'S PCC LICHFIELD

Latest income
£117k
Latest spending
£116k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that free reserves were negative £70 at year-end, which is significantly lower than the trustees' policy target of two months' unrestricted payments (£18,385). This deficit resulted from major expenditure items, including organ repair and the employment of a part-time administrator, alongside the end of utilities contracts and a change in accounting practice.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The balance of the free reserves at the year-end was negative £70 (2022: £15,752) which is significantly lower than this target”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties (PCC members) totalled £4,576.
“Donations from related parties during the year totalled £4,576. All these donations were received without conditions.” — page 5
“Caroline Fellows, one of the churchwardens, is being paid for her part time role as Parish Administrator (from December 2022). She was paid £10,140 by the PCC during the year.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to trustee Caroline Fellows for role as Parish Administrator.
“Donations from related parties during the year totalled £4,576. All these donations were received without conditions.” — page 5
“Caroline Fellows, one of the churchwardens, is being paid for her part time role as Parish Administrator (from December 2022). She was paid £10,140 by the PCC during the year.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2022 and FY2023 accounts as analysed by this site.

Public fundraising profile: JustGiving — THE PARISH CHURCH OF ST CHAD, LICHFIELD (matched by registered charity number).

Trustees

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

Operates in: Staffordshire

Income and spending

Financial year endIncomeSpending
31/12/2024£117k£116k
31/12/2023£116k£116k
31/12/2022£116k£108k
31/12/2021£149k£105k
31/12/2020£114k£123k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. CHAD, LICHFIELD financially healthy?

The accounts state that free reserves were negative £70 at year-end, which is significantly lower than the trustees' policy target of two months' unrestricted payments (£18,385). This deficit resulted from major expenditure items, including organ repair and the employment of a part-time administrator, alongside the end of utilities contracts and a change in accounting practice. Its FY2023 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHANDLER'S FORD.