THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, HINCKLEY
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves ended the year at £593,047, which is significantly above the stated policy target of £24,000. However, the trustees note that the General Fund is depleted and running below the recommended level of two months' expenditure, presenting a potential challenge for the coming year.
What the accounts disclose
“The PCC considers that £24,000 is an appropriate target level of free reserves sufficient to cover short term expenditure requirements (this equates to some two months’ expenditure)” — page 10
“For the Pension Builder Classic section, the 2019 valuation revealed a deficit of £4.8m on the ongoing assumptions used.” — page 12
Trustees
- Rev SIMON JOSEPH WEARNchair
- Andrew Jackson
- Clare Miller
- Gill Priestley
- Julie Yorke
- Maxine Pepper
- Philip Thompson
- RACHEL MARSHALL
- Simon Marshall
- Tony Davies
- Tracey Manns
- Wayne Attenborough
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £158k | £157k |
| 31/12/2023 | £199k | £242k |
| 31/12/2022 | £155k | £141k |
| 31/12/2021 | £148k | £142k |
| 31/12/2020 | £128k | £121k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, HINCKLEY financially healthy?
The accounts state that unrestricted reserves ended the year at £593,047, which is significantly above the stated policy target of £24,000. However, the trustees note that the General Fund is depleted and running below the recommended level of two months' expenditure, presenting a potential challenge for the coming year. Its FY2023 accounts were independently examined.
Who funds THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, HINCKLEY?
Funders whose own accounts filings name THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, HINCKLEY as a grant recipient include THE HELEN JEAN COPE CHARITY.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE HELEN JEAN COPE CHARITY | FY2023 | £2k |
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