THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, DENMEAD
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of nearly £29,000 for the year, primarily due to expenditure exceeding income in the General Fund. However, unrestricted reserves remained robust at approximately £166,000, supported by rising share prices in investment funds, which the trustees consider sufficient to meet their policy target of six months' unrestricted payments.
What the accounts disclose
“it is PCC policy to maintain a balance of unrestricted funds which equates to 6 months unrestricted payments (equivalent to £50K)”
Year-over-year changes
- Going concern: going-concern doubt noted (FY2022) → no going-concern doubt (FY2023).
Trustees
- REV Emma Joy Racklyeftchair
- Amanda Hillyard
- DIANA ELIZABETH DEY
- Derek Gilbert
- Don Tocher
- Fritz Simpson
- Helen Boundy
- JULIA CATHERINE PARSONS
- KAREN ANN GASKIN
- Kim Suzan Markham
- Michael Gaskin
- Paul Hillyard
- Peter Mitchell
- Steve Venn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £148k | £182k |
| 31/12/2023 | £129k | £161k |
| 31/12/2022 | £115k | £167k |
| 31/12/2021 | £104k | £147k |
| 31/12/2020 | £136k | £140k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, DENMEAD financially healthy?
The accounts state that the charity reported a deficit of nearly £29,000 for the year, primarily due to expenditure exceeding income in the General Fund. However, unrestricted reserves remained robust at approximately £166,000, supported by rising share prices in investment funds, which the trustees consider sufficient to meet their policy target of six months' unrestricted payments. Its FY2023 accounts were independently examined.
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