THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BOTOLPH-WITHOUT-BISHOPSGATE
Financial health, per its FY2023 accounts
The accounts state that the charity reported an operational deficit of £70,317 in 2023, driven by rising inflation and increased costs, though this was offset by significant unrealised investment gains to produce an overall surplus. Per the trustees' report, unrestricted reserves stood at £1,010,695, which is well above the stated policy target of £70,000, providing sufficient resources to continue operating despite the operational loss.
What the accounts disclose
“During 2017 the Council approved the Finance Committee’s proposal that £70,000, representing three months’ salary and essential running costs, should be borne in mind as a basic reserve fund” — page 11
“On 1 November 2021 the church incorporated a wholly owned trading subsidiary, The Good Coffee Kiosk Limited.” — page 30
Trustees
- ALASTAIR GRAHAME HARRIS
- Adrienne Slaughter
- Alexander Coles
- Bruce Morrison
- Christine Anita Ferris
- Christopher Lawrance
- David John Lee
- Francis Edward Curtiss
- MARY MOORE
- MS CHRIS WATKINS
- NICHOLAS CHARLES CRESWICK GOUGH
- The Revd David Thomas Armstrong
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £384k | £473k |
| 31/12/2023 | £369k | £439k |
| 31/12/2022 | £354k | £363k |
| 31/12/2021 | £304k | £356k |
| 31/12/2020 | £202k | £296k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BOTOLPH-WITHOUT-BISHOPSGATE financially healthy?
The accounts state that the charity reported an operational deficit of £70,317 in 2023, driven by rising inflation and increased costs, though this was offset by significant unrealised investment gains to produce an overall surplus. Per the trustees' report, unrestricted reserves stood at £1,010,695, which is well above the stated policy target of £70,000, providing sufficient resources to continue operating despite the operational loss. Its FY2023 accounts were independently examined.
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