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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH BEDFORD

Registered charity 1134785 · accounts filings on the Charity Commission register · also known as CHRIST CHURCH PCC, BEDFORD

Latest income
£707k
Latest spending
£528k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total unrestricted funds increased to £200,488, with unrestricted reserves of £146,167 representing approximately five months of expenditure, which is within the charity's policy target of three to six months. The PCC reports that despite a projected 2024 budget deficit of £17,000, careful management of resources and consistent standing order income provides sufficient resources to sustain activities.

What the accounts disclose

Reserves policy: three to six months of expenditure (held: £146k)
“It is PCC policy to try to maintain sufficient funds, being between 3 and 6 months of expenditure to ensure the smooth financial running of the church” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: Two trustees (E Ryan-Johnson £835, AJ Wade £8,812) received £9,647 for church work during the year. None of their remuneration related to their role as a trustee.
“Two trustees (E Ryan-Johnson £835, AJ Wade £8,812) received £9,647 for church work during the year (2022 - Three - W Pegg. E Ryan-Johnson, AJ Wade £5,426) None of their remuneration related to their role as a trustee” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The Diocese of St Albans is a related party by way of the constitution
“The Diocese of St Albans is a related party by way of the constitution Details of receipts from related parties are found in note 21 Details of payments to related parties are found in notes 22 and 23” — page 24
“In 2023 and 2022 the incumbent and in 2022 the curate were remunerated by way of a stipend by a a related party, being the Diocese of St Albans who are responsible for setting the level of remuneration.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The Diocese of St Albans paid stipends for the incumbent and curate.
“The Diocese of St Albans is a related party by way of the constitution Details of receipts from related parties are found in note 21 Details of payments to related parties are found in notes 22 and 23” — page 24
“In 2023 and 2022 the incumbent and in 2022 the curate were remunerated by way of a stipend by a a related party, being the Diocese of St Albans who are responsible for setting the level of remuneration.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The Diocese provided a short-term loan for the purchase of 18 Hartland Avenue.
“The Diocese of St Albans is a related party by way of the constitution Details of receipts from related parties are found in note 21 Details of payments to related parties are found in notes 22 and 23” — page 24
“In 2023 and 2022 the incumbent and in 2022 the curate were remunerated by way of a stipend by a a related party, being the Diocese of St Albans who are responsible for setting the level of remuneration.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The Diocese awarded a grant for a Youth and Student Worker.
“The Diocese of St Albans is a related party by way of the constitution Details of receipts from related parties are found in note 21 Details of payments to related parties are found in notes 22 and 23” — page 24
“In 2023 and 2022 the incumbent and in 2022 the curate were remunerated by way of a stipend by a a related party, being the Diocese of St Albans who are responsible for setting the level of remuneration.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Two trustees received remuneration for church work.
“The Diocese of St Albans is a related party by way of the constitution Details of receipts from related parties are found in note 21 Details of payments to related parties are found in notes 22 and 23” — page 24
“In 2023 and 2022 the incumbent and in 2022 the curate were remunerated by way of a stipend by a a related party, being the Diocese of St Albans who are responsible for setting the level of remuneration.” — page 23
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£707k
Total spending
£528k
Reserves (reported)
£415k
Employees
9

Reported reserves equal ~9.4 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bedford

Income and spending

Financial year endIncomeSpending
31/12/2024£707k£528k
31/12/2023£388k£363k
31/12/2022£354k£326k
31/12/2021£315k£313k
31/12/2020£346k£305k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH BEDFORD financially healthy?

The accounts state that total unrestricted funds increased to £200,488, with unrestricted reserves of £146,167 representing approximately five months of expenditure, which is within the charity's policy target of three to six months. The PCC reports that despite a projected 2024 budget deficit of £17,000, careful management of resources and consistent standing order income provides sufficient resources to sustain activities. 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 BATH ST. BARTHOLOMEW.