Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY THE VIRGIN, PONTELAND

Registered charity 1134771 · accounts filings on the Charity Commission register · also known as ST. MARY'S PCC, PONTELAND

Latest income
£194k
Latest spending
£194k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £159,118 at the end of 2023, which is significantly above the stated policy target of £42,000 (representing three months of expenditure). Although the charity reported a net deficit of £18,222 for the year, it maintained adequate resources to continue as a going concern for at least 12 months.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £159k)
“The policy of the PCC is to maintain its reserves equal to at least 3 months expenditure. In 2023 this was £42,000.” — page 5
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: Newcastle Upon Tyne City · Northumberland

Income and spending

Financial year endIncomeSpending
31/12/2024£194k£194k
31/12/2023£180k£198k
31/12/2022£335k£194k
31/12/2021£175k£164k
31/12/2020£157k£150k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY THE VIRGIN, PONTELAND financially healthy?

The accounts state that unrestricted reserves stood at £159,118 at the end of 2023, which is significantly above the stated policy target of £42,000 (representing three months of expenditure). Although the charity reported a net deficit of £18,222 for the year, it maintained adequate resources to continue as a going concern for at least 12 months. Its FY2023 accounts were independently examined.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY THE VIRGIN, COTTINGHAM (DIOCESE OF YORK).