THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL, TAUNTON
Church of England. Worship and community in Galmington, Taunton. Mission statement - "St Michael's recognises that Church and community are equally loved by God. He has called us to serve him, each other and the wider community by bringing a sense of the presence of Christ to all."
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £14,815 for the year, resulting in a decrease in total unrestricted reserves from £59,953 to £50,528. The trustees acknowledge medium-term financial challenges, noting a reduction in voluntary income, although they state that current unrestricted funds cover their stated reserves policy target. The charity is being independently examined rather than audited, with no material uncertainties reported by the examiner.
What the accounts disclose
“It Is the PCC policy to maintain a balance of unrestricted funds that equates to 4 months of day-to-day running costs. This equates to £28,000” — page 9
“The PCC is aware of the financial challenges facing St Michael’s Church over the medium term.” — page 8
Trustees
- Rev JUSTINE CLARE RICHARDSchair
- Bamina Hannadige Kalpani Saumya Perera
- Chris John George
- Juliet Esme Willey
- Marcus Alexander Jones
- Mx Zahari Eliana Brimacombe
- Pamela Evelyn Garrod
- Patricia Diane Vittery
- Rachel Frances Elizabeth Reeder
- Stephen Arthur Brooks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £84k | £99k |
| 31/12/2023 | £85k | £82k |
| 31/12/2022 | £84k | £97k |
| 31/12/2021 | £67k | £74k |
| 31/12/2020 | £60k | £52k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL, TAUNTON financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £14,815 for the year, resulting in a decrease in total unrestricted reserves from £59,953 to £50,528. The trustees acknowledge medium-term financial challenges, noting a reduction in voluntary income, although they state that current unrestricted funds cover their stated reserves policy target. The charity is being independently examined rather than audited, with no material uncertainties reported by the examiner. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 05/12/2022 | £1k | Providing a warm space to support those experiencing fuel poverty during the cost-of-living crisis |