Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT ALBAN THE MARTYR, HOLBORN WITH SAINT PETER, SAFFRON HILL

Registered charity 1135568 · accounts filings on the Charity Commission register · also known as ST ALBAN'S, HOLBORN PCC

Latest income
£508k
Latest spending
£589k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the Parochial Church Council reported a net incoming resource of £24,868 for the year ended 31 December 2023, an improvement from the previous year's outgoing resources. However, the underlying operational deficit was £64,000, driven by losses at the S. Alban's Centre and rising utility costs, which were offset by the receipt of £110,000 in legacies. Total unrestricted funds stood at £1,451,112, with liquid resources increasing to £706,200.

What the accounts disclose

Reserves policy: unclear (held: £1.5m)
“A Financial Review and information on the Reserves Policy are provided in notes to the accounts.” — page 5
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
£508k
Total spending
£589k
Cost of raising funds
£71k
Reserves (reported)
£1.2m
Employees
0

Reported reserves equal ~24.1 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Camden

Income and spending

Financial year endIncomeSpending
31/12/2024£508k£589k
31/12/2023£292k£267k
31/12/2022£159k£204k
31/12/2021£243k£189k
31/12/2020£298k£309k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT ALBAN THE MARTYR, HOLBORN WITH SAINT PETER, SAFFRON HILL financially healthy?

The accounts state that the Parochial Church Council reported a net incoming resource of £24,868 for the year ended 31 December 2023, an improvement from the previous year's outgoing resources. However, the underlying operational deficit was £64,000, driven by losses at the S. Alban's Centre and rising utility costs, which were offset by the receipt of £110,000 in legacies. Total unrestricted funds stood at £1,451,112, with liquid resources increasing to £706,200. 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 ST MARY, ISLINGTON.