Whitfield Parochial Church Council (Glossop)
Latest income
£159k
Latest spending
£201k
Registered
2010
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small deficit of £1,114 for the year ended 31 December 2024, with unrestricted reserves standing at £73,122. The trustees forecast further deficits in the coming years, projecting reserves to fall to £30,000 by the end of 2026, which would be below the recommended three-month reserve target.
What the accounts disclose
Reserves policy: three months of expenditure (held: £73k)
“The Charity Commission recommends holding 3 months of expenditure in general reserves. This equates to £37,000.”
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Overall, for 2025, we are currently forecasting a deficit of £16,000 and for 2026 a deficit of £27,000. On these current forecasts, our reserves will reduce to £30,000 at the end of 2026 which is less than 3 months of costs of £39,000.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- Rev Chris Neilsonchair
- Andrew Hackett
- Ann Williams
- Christine Peters
- Christopher Clapham
- Christopher Graham Bowes
- Duncan James Edge
- Elaine Richardson
- Heather Kindleysides
- Jean Burston
- Jill Bradbury
- Joanne Swindells
- Matthew Gregory
- Susan Christine Latusek
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £159k | £201k |
| 31/12/2024 | £149k | £152k |
| 31/12/2023 | £171k | £152k |
| 31/12/2022 | £122k | £163k |
| 31/12/2021 | £146k | £150k |
Common questions
Is Whitfield Parochial Church Council (Glossop) financially healthy?
The accounts state that the charity reported a small deficit of £1,114 for the year ended 31 December 2024, with unrestricted reserves standing at £73,122. The trustees forecast further deficits in the coming years, projecting reserves to fall to £30,000 by the end of 2026, which would be below the recommended three-month reserve target.
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