THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, HAMMERSMITH
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of over £18,000 for the year, driven by an 11% rise in costs and a drop in everyday income, despite higher interest earnings. Cash reserves fell by approximately £26,600, leaving the charity with unrestricted reserves below its stated policy target of £50,000. The trustees note that while finances remain in good shape, significant challenges exist due to falling planned giving and earmarked reserves for building works.
What the accounts disclose
“The PCC aims to maintain general (unrestricted) reserves of about £50,000, which equates to approximately three months unrestricted expenditure.” — page 16
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Charles Claphamchair
- Alison Du Cane
- Caroline Langton
- Clare Berry
- ELOISE ILLINGWORTH
- Fiona Hay
- Henry Barda
- Jemma Daffarn
- Jonathan Graham
- MIKE ILLINGWORTH
- PAUL BRETT
- Simon Brooke
- Thomas Magnus Grimond
- Zoe Fletcher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £205k | £224k |
| 31/12/2023 | £550k | £201k |
| 31/12/2022 | £250k | £241k |
| 31/12/2021 | £181k | £184k |
| 31/12/2020 | £171k | £183k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, HAMMERSMITH financially healthy?
The accounts state that the charity reported a net deficit of over £18,000 for the year, driven by an 11% rise in costs and a drop in everyday income, despite higher interest earnings. Cash reserves fell by approximately £26,600, leaving the charity with unrestricted reserves below its stated policy target of £50,000. The trustees note that while finances remain in good shape, significant challenges exist due to falling planned giving and earmarked reserves for building works. Its FY2024 accounts were independently examined.
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