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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEDNESFIELD TEAM MINISTRY

Registered charity 1137018 · accounts filings on the Charity Commission register

Latest income
£148k
Latest spending
£148k
Registered
2010
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that total free reserves were £42,453 at 31 December 2022, which is above the stated policy target of approximately £35,575. The charity reported a surplus of receipts over payments for the year, with total income of £140,054 and total expenditure of £142,032, resulting in a net decrease in cash reserves.

What the accounts disclose

Reserves policy: three months running costs in reserves (£35,575 in total) (held: £42k)
“The PCC aims to keep approximately three months running costs in reserves (£35,575 in total).” — page 4
Per its FY2022 accounts as filed with the Charity Commission.
Payments to trustees: One Trustee was paid £2,906 for administration work for one of the churches in the Parish.
“One Trustee was paid £2,906 for administration work for one of the churches in the Parish, they resigned from their job in September 2022.” — page 14
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: One Trustee was paid £2,906 for administration work for one of the churches in the Parish, they resigned from their job in September 2022.
“One Trustee was paid £2,906 for administration work for one of the churches in the Parish, they resigned from their job in September 2022.” — page 14
“One Trustee has been reimbursed £1,726 (2021 £1,174) for travel and phone expenses incurred during the year.” — page 14
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: One Trustee has been reimbursed £1,726 for travel and phone expenses.
“One Trustee was paid £2,906 for administration work for one of the churches in the Parish, they resigned from their job in September 2022.” — page 14
“One Trustee has been reimbursed £1,726 (2021 £1,174) for travel and phone expenses incurred during the year.” — page 14
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties (PCC members) during the year totalled £8,851.
“One Trustee was paid £2,906 for administration work for one of the churches in the Parish, they resigned from their job in September 2022.” — page 14
“One Trustee has been reimbursed £1,726 (2021 £1,174) for travel and phone expenses incurred during the year.” — page 14
Per its FY2022 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: Wolverhampton

Income and spending

Financial year endIncomeSpending
31/12/2024£148k£148k
31/12/2023£141k£155k
31/12/2022£140k£146k
31/12/2021£113k£107k
31/12/2020£117k£123k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEDNESFIELD TEAM MINISTRY financially healthy?

The accounts state that total free reserves were £42,453 at 31 December 2022, which is above the stated policy target of approximately £35,575. The charity reported a surplus of receipts over payments for the year, with total income of £140,054 and total expenditure of £142,032, resulting in a net decrease in cash reserves. Its FY2022 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE SWALLOW TRUST1£37k

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