THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. MARGARET, HOLLINWOOD & S. CHAD, LIMESIDE
Church of England Parish with a wide mission to the people of The Parish, and wider community
Financial health, per its FY2024 accounts
The accounts state an operating surplus of £1,694.62 for the year ended 31 December 2024, with unrestricted bank balances increasing from £25,138.76 to £26,833.38. However, the trustees note that it is likely to continue to be a struggle to maintain financial stability in the coming years due to inflation and maintenance costs.
What the accounts disclose
“It is the policy of the PCC to aim to maintain a balance in unrestricted funds which represents a minimum of three months’ normal expenditure” — page 4
“The risks fall into three categories: 1. Risk to the continuation of the church as a ‘going concern’ in Hollinwood and Limeside.”
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Rev Thomas Henry Davischair
- Amanda Carr
- BARRY DAINTY
- DENISE McCoy
- IAN McCoy
- JACK TROMAN
- JAMES OLIVER CARR
- KIRSTY HAUGH
- Marie Barton
- Norman Horridge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £50k | £48k |
| 31/12/2023 | £678k | £629k |
| 31/12/2022 | £553k | £467k |
| 31/12/2021 | £475k | £450k |
| 31/12/2020 | £583k | £442k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. MARGARET, HOLLINWOOD & S. CHAD, LIMESIDE financially healthy?
Per its FY2024 accounts: The accounts state an operating surplus of £1,694.62 for the year ended 31 December 2024, with unrestricted bank balances increasing from £25,138.76 to £26,833.38. However, the trustees note that it is likely to continue to be a struggle to maintain financial stability in the coming years due to inflation and maintenance costs. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 09/06/2016 | £215k | "Oldham: St Margaret of Antioch, Hollinwood" |