THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF REDDITCH HOLY TRINITY
The Parochial Church Council for Redditch, Holy Trinity Parish; consisting of the churches of St Leonard, St Philip and St Stephen
Financial health, per its FY2024 accounts
The accounts state that total net assets increased to £1,634,799, with unrestricted reserves declining to £60,654, which is equivalent to 5 months of projected operating expenses. The charity reports a net incoming resource of £10,871 and a positive cash flow of £4,421, indicating improved liquidity compared to the previous year's outflow. While unrestricted reserves are below the stated policy target of three months of everyday expenses, the trustees determined this level was necessary due to geopolitical uncertainties and potential income loss.
What the accounts disclose
“The Charity policy is to maintain a General Fund reserve that is used to pay all the everyday expenses. The balance on the General Fund will be kept at a level which, where possible, is at least equal to 3 months of future everyday expenses.” — page 21
Structured financials (annual return, FY ending 31/12/2020)
Trustees
- Rev Canon Paul Lawlorchair
- Anita Stronach
- Barry Finch
- Enid Mullis
- Garry Roberts
- Jillian Mary Allbut
- John McWilliams
- Juilie Cater
- Lady Elaine Susan Whitfield Secretary
- Margaret Lloyd
- Norma Walters
- Philip Mitchell Lay Chair
- Philippa McWilliams
- Rev Fraser Oates
- Rev Gail Rogers
- Rev Sarah-Jayne Hewitt
- Rose Akeroyd
- Sandra Finch
- Stewart Mason
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £324k | £314k |
| 31/12/2023 | £238k | £257k |
| 31/12/2022 | £261k | £239k |
| 31/12/2021 | £304k | £481k |
| 31/12/2020 | £780k | £271k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF REDDITCH HOLY TRINITY financially healthy?
Per its FY2024 accounts: The accounts state that total net assets increased to £1,634,799, with unrestricted reserves declining to £60,654, which is equivalent to 5 months of projected operating expenses. The charity reports a net incoming resource of £10,871 and a positive cash flow of £4,421, indicating improved liquidity compared to the previous year's outflow. While unrestricted reserves are below the stated policy target of three months of everyday expenses, the trustees determined this level was necessary due to geopolitical uncertainties and potential income loss. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 04/01/2021 | £6k | St Stephen's Church, Redditch |
| UK government | 04/01/2021 | £19k | St Stephen's Church, Redditch |
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- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, REDHILL
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF REDDITCH HOLY TRINITY | £324k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, REDHILL | £624k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY LEAMINGTON SPA | £173k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, FROME | £299k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY RUSHOLME | £709k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY AND SAINT STEPHEN'S, BRISTOL | £206k | — | 0 | above | — | no doubt |