THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARK, BILTON
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £62,479 for the year, resulting in a drop in total net assets to £321,326. The trustees note that the reserves policy of maintaining six months of unrestricted expenditure has been breached, with unrestricted funds falling to £50,069. While a large legacy is expected in 2026 to improve the position, the accounts highlight that basic running costs currently exceed basic income by £30,000 to £40,000 annually.
What the accounts disclose
“the reserves policy of maintaining at least six months of expenditure in unrestricted funds has been breached”
“We expect to shortly receive a large bequest, so there is a large income forecast of £281,000. This means our financial position should improve in 2026, however as this is a one-off sum it should ideally be used for one off expenditure. Whilst the bequest should allow us to work on some projects, we still have a significant problem with our basic running costs exceeding our basic income by around £30,000 to £40,000 per annum which urgently needs to be addressed.” — page 17
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Trustees
- Alexandra Helen Clark
- Alexandra Kate Lover
- Alison Price
- Anne Marie Daniel
- Christine Anne Assheton
- Jean Stevenson
- Juliette Crossin
- Kathryn Holton
- PATRICIA ANNE HOWES BSC HONS
- Penny Street
- Rev Daniel Bennett
- Rev GLENN FREDERICK LOWDE
- Robert LeMay
- Sarah Pick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £132k | £194k |
| 31/12/2024 | £139k | £165k |
| 31/12/2023 | £161k | £179k |
| 31/12/2022 | £145k | £158k |
| 31/12/2021 | £140k | £169k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARK, BILTON financially healthy?
The accounts state that the charity reported a deficit of £62,479 for the year, resulting in a drop in total net assets to £321,326. The trustees note that the reserves policy of maintaining six months of unrestricted expenditure has been breached, with unrestricted funds falling to £50,069. While a large legacy is expected in 2026 to improve the position, the accounts highlight that basic running costs currently exceed basic income by £30,000 to £40,000 annually. Its FY2025 accounts were independently examined.
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