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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FULWOOD CHRIST CHURCH, SHEFFIELD

Registered charity 1134057 · accounts filings on the Charity Commission register · also known as CHRIST CHURCH FULWOOD, SHEFFIELD, FULWOOD PCC

Latest income
£1.1m
Latest spending
£1.2m
Registered
2010
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net expenditure of £401,428 for the year, resulting in a decrease in total net assets from £2,103,808 to £1,702,380. While the charity anticipates a deficit in its 2023 budget due to increased staffing and costs, the trustees confirm that free reserves remain sufficient to support this shortfall and maintain going concern status.

What the accounts disclose

Reserves policy: one month’s worth of annualised General Fund recurring expenses plus a provision of £40k for unforeseen property costs (held: £191k)
“The PCC aims to maintain sufficient General Fund free reserves (General Fund net current assets) to cover one month’s worth of annualised General Fund recurring expenses plus a provision of £40k for unforeseen property costs. Based on the 2023 budget approved by the PCC, this equates to a round sum threshold of £125k” — page 12
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Paul Dodd, a member of the PCC, received reimbursement of £214 for expenditure incurred on behalf of the church in relation to the Building for the future project.
“Paul Dodd, a member of the PCC, received reimbursement of £214 for exepnditure incurred on behalf of the church in relation to the Building for the future project.” — page 26
“The Brookhouse Hill Trust received £36,506 for the rental of 50 Brooklands Crescent, 7 Whitfield Road and 1 Roscoe View. Paul Houghton was a trustee of the Brookhouse Hill Trust during the year.” — page 26
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: The Brookhouse Hill Trust received £36,506 for rental of properties. Paul Houghton was a trustee of the Brookhouse Hill Trust.
“Paul Dodd, a member of the PCC, received reimbursement of £214 for exepnditure incurred on behalf of the church in relation to the Building for the future project.” — page 26
“The Brookhouse Hill Trust received £36,506 for the rental of 50 Brooklands Crescent, 7 Whitfield Road and 1 Roscoe View. Paul Houghton was a trustee of the Brookhouse Hill Trust during the year.” — page 26
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: The PCC used an office building owned by the Torridon Trust for a peppercorn rent. Paul Houghton and his wife are trustees of the Torridon Trust.
“Paul Dodd, a member of the PCC, received reimbursement of £214 for exepnditure incurred on behalf of the church in relation to the Building for the future project.” — page 26
“The Brookhouse Hill Trust received £36,506 for the rental of 50 Brooklands Crescent, 7 Whitfield Road and 1 Roscoe View. Paul Houghton was a trustee of the Brookhouse Hill Trust during the year.” — page 26
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Hawsons Chartered Accountants.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.1m
Total spending
£1.2m
Reserves (reported)
£323k
Employees
10

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Sheffield City

Income and spending

Financial year endIncomeSpending
31/12/2024£1.1m£1.2m
31/12/2023£2.0m£1.1m
31/12/2022£1.2m£1.6m
31/12/2021£1.5m£2.2m
31/12/2020£1.4m£1.0m

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FULWOOD CHRIST CHURCH, SHEFFIELD financially healthy?

The accounts state that the charity reported a net expenditure of £401,428 for the year, resulting in a decrease in total net assets from £2,103,808 to £1,702,380. While the charity anticipates a deficit in its 2023 budget due to increased staffing and costs, the trustees confirm that free reserves remain sufficient to support this shortfall and maintain going concern status. Its FY2022 accounts were audited by Hawsons Chartered Accountants.

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