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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET OF ANTIOCH, RAINHAM, KENT

Registered charity 1134849 · accounts filings on the Charity Commission register · also known as ST MARGARET'S PCC, RAINHAM, KENT

Latest income
£164k
Latest spending
£144k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that free reserves of £65,716 were held at year-end, which is above the stated policy target of £41,039 (three months of planned regular expenditure). However, the charity reported a net deficit of £118,929 for the year, driven by a significant drop in income from the closure of a regular hirer and increased expenditure on church wall repairs, causing total funds to decrease from £768,293 to £649,364.

What the accounts disclose

Related-party transaction: The PCC owns 100% of the shares of Acts Six Ltd, a trading subsidiary.
“the PCC established a trading company called Acts Six Ltd (company registration 15250250), of which the PCC own 100% of the shares.”
“Hope into Action West Kent and Medway was finally registered by the Charity Commission as a CIO on the 25 th September (Charity Number 1203889), with the PCC being the sole member.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The PCC is the sole member of Hope into Action West Kent and Medway, a CIO.
“the PCC established a trading company called Acts Six Ltd (company registration 15250250), of which the PCC own 100% of the shares.”
“Hope into Action West Kent and Medway was finally registered by the Charity Commission as a CIO on the 25 th September (Charity Number 1203889), with the PCC being the sole member.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from The Rainham Church Estate Charity, a related charity.
“the PCC established a trading company called Acts Six Ltd (company registration 15250250), of which the PCC own 100% of the shares.”
“Hope into Action West Kent and Medway was finally registered by the Charity Commission as a CIO on the 25 th September (Charity Number 1203889), with the PCC being the sole member.”
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Acts Six Ltd
“the PCC established a trading company called Acts Six Ltd (company registration 15250250), of which the PCC own 100% of the shares.”
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: Medway

Income and spending

Financial year endIncomeSpending
31/12/2024£164k£144k
31/12/2023£281k£289k
31/12/2022£344k£311k
31/12/2021£231k£313k
31/12/2020£300k£474k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET OF ANTIOCH, RAINHAM, KENT financially healthy?

The accounts state that free reserves of £65,716 were held at year-end, which is above the stated policy target of £41,039 (three months of planned regular expenditure). However, the charity reported a net deficit of £118,929 for the year, driven by a significant drop in income from the closure of a regular hirer and increased expenditure on church wall repairs, causing total funds to decrease from £768,293 to £649,364. Its FY2023 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund13/12/2023£10k"Unveiling Rainham's Hidden Heritage"

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