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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW (OLD CHURCH) HOVE

Registered charity 1134129 · accounts filings on the Charity Commission register · also known as ST ANDREW (OLD CHURCH) HOVE

Latest income
£198k
Latest spending
£197k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity operated with a projected deficit of £10,000 in 2023, driven by increased utility costs and reduced fundraising during a building re-ordering project. Despite this, the trustees report that unrestricted reserves of £57,112 were maintained, meeting their policy target of approximately three months of unrestricted payments. The charity notes that inflation and the need to sustain income growth are future uncertainties, but expects to meet challenges collectively.

What the accounts disclose

Related-party transaction: The PCC supported the clergy by paying Council Tax, water rates and other costs associated with the vicarage totalling £4,351 (2022: £4,424). £4,400 was refunded as expenses to the Incumbent, which includes a number of day-to-day items, needed by the church family. Full details and receipts of such payments are retained in the Parish Office. Likewise, Fundraising expenses totalling £738 were reimbursed to three other trustees.
“The PCC also supported the clergy by paying Council Tax, water rates and other costs associated with the vicarage totalling £4,351 (2022: £4,424). £4,400 was refunded as expenses to the Incumbent, which includes a number of day-to-day items, needed by the church family. Full details and receipts of such payments are retained in the Parish Office. Likewise, Fundraising expenses totalling £738 were reimbursed to three other trustees.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Brighton And Hove

Income and spending

Financial year endIncomeSpending
31/12/2024£198k£197k
31/12/2023£302k£170k
31/12/2022£322k£159k
31/12/2021£141k£135k
31/12/2020£127k£104k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW (OLD CHURCH) HOVE financially healthy?

The accounts state that the charity operated with a projected deficit of £10,000 in 2023, driven by increased utility costs and reduced fundraising during a building re-ordering project. Despite this, the trustees report that unrestricted reserves of £57,112 were maintained, meeting their policy target of approximately three months of unrestricted payments. The charity notes that inflation and the need to sustain income growth are future uncertainties, but expects to meet challenges collectively. Its FY2023 accounts were independently examined.

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