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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HORNCHURCH ST.ANDREW

Registered charity 1134813 · accounts filings on the Charity Commission register · also known as THE PCC OF HORNCHURCH ST.ANDREW

Latest income
£460k
Latest spending
£366k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure of £47,530 for the year, resulting in a decrease in total net assets from £2,001,982 to £1,954,452. The trustees note that free reserves on the unrestricted general fund were exhausted by prior years' deficits, though designated funds and an emergency bequest provide some buffer against future economic uncertainties.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“At 31st December 2023, “free” reserves for this purpose on the unrestricted general fund were exhausted by the prior years’ deficits and the designated legacy fund held £66,000, below the top of this range.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: Payments of £3,350 were made to PCC members for fees/expenses (weddings, funerals, travel, housing). Additionally, £3,400 was paid to the Organist who is an ex-officio trustee.
“No Trustees received any remuneration for services as members of the PCC, but a total of £ £3,350 (2022 £4,215) was paid, reimbursed or waived in respect of seven (2022: seven) members of the PCC for fees or expenses relating to weddings, funerals, travel and housing costs.” — page 22
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties.
“Unconditional donations that have been identified as emanating from related parties, including members of the PCC, amounted to £45,493.” — page 22
“The Organist, Mr A Losq, a member of Deanery Synod and therefore ex officio a PCC trustee, was paid £3,400 (2022 £3,809)” — page 22
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration to Organist who is a trustee.
“Unconditional donations that have been identified as emanating from related parties, including members of the PCC, amounted to £45,493.” — page 22
“The Organist, Mr A Losq, a member of Deanery Synod and therefore ex officio a PCC trustee, was paid £3,400 (2022 £3,809)” — page 22
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Rent paid to Church Warden's daughter-in-law.
“Unconditional donations that have been identified as emanating from related parties, including members of the PCC, amounted to £45,493.” — page 22
“The Organist, Mr A Losq, a member of Deanery Synod and therefore ex officio a PCC trustee, was paid £3,400 (2022 £3,809)” — page 22
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: Havering

Income and spending

Financial year endIncomeSpending
31/12/2024£460k£366k
31/12/2023£335k£386k
31/12/2022£313k£331k
31/12/2021£294k£307k
31/12/2020£358k£311k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HORNCHURCH ST.ANDREW financially healthy?

The accounts state that the charity reported a net expenditure of £47,530 for the year, resulting in a decrease in total net assets from £2,001,982 to £1,954,452. The trustees note that free reserves on the unrestricted general fund were exhausted by prior years' deficits, though designated funds and an emergency bequest provide some buffer against future economic uncertainties. Its FY2023 accounts were independently examined.

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