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TAUNTON MINSTER (THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, TAUNTON)

Registered charity 1134818 · accounts filings on the Charity Commission register · also known as ST MARY MAGDALENE PCC TAUNTON, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, TAUNTON, Taunton Minster

Latest income
£420k
Latest spending
£600k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £168,969, with a designated General Fund reserve of £45,000 representing just under three months' expenditure. The charity reported a net movement in funds of £16,597 for the year, driven by increased income from fundraising activities, particularly the Coffee Shop. However, the trustees noted they remain unable to meet the full Parish Share contribution requested by the Diocese.

What the accounts disclose

Reserves policy: just under 3 months’ expenditure (held: £45k)
“Our General Fund reserve remains at £45,000 representing just under 3 months’ expenditure.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Trustees or related parties
“The total donations received from the Trustees or any related parties without conditions amounted to £23,000.”
Per its FY2023 accounts as filed with the Charity Commission.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Trustees

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

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/12/2025£420k£600k
31/12/2024£381k£274k
31/12/2023£259k£242k
31/12/2022£297k£332k
31/12/2021£311k£295k

Common questions

Is TAUNTON MINSTER (THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY MAGDALENE, TAUNTON) financially healthy?

The accounts state that unrestricted reserves stood at £168,969, with a designated General Fund reserve of £45,000 representing just under three months' expenditure. The charity reported a net movement in funds of £16,597 for the year, driven by increased income from fundraising activities, particularly the Coffee Shop. However, the trustees noted they remain unable to meet the full Parish Share contribution requested by the Diocese.

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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 CHRIST CHURCH, TUNBRIDGE WELLS.