THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, WEST CHILTINGTON
Financial health, per its FY2023 accounts
The accounts state that total unrestricted incoming resources were £103,251, with outgoing resources of £89,256, resulting in a net surplus for the year. The trustees report that the closing balance of unrestricted funds is in line with their policy to maintain reserves equivalent to approximately three months of unrestricted payments, noting that a reserve of about six months' income will be retained to face significant building repair costs.
What the accounts disclose
“It has been PCC policy to maintain a balance on the general unrestricted funds (excluding property) which equates to approximately three months’ worth of unrestricted payments as contingency against unforeseen situations.” — page 8
“Mrs Brenda Bull, who is also a trustee, received £3,780 for duties as parish Secretary.” — page 8
“Mrs Brenda Bull, who is also a trustee, received £3,780 for duties as parish Secretary. There were no other payments to persons related to or connected to the current trustees.” — page 8
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2022) to "above" (FY2023).
Trustees
- Rev Stephen Merrimanchair
- Andy Brewerton
- Ann Elizabeth Chapman
- Claire Freeth
- Clive Cole
- Debra Parker
- Jim Jarvie
- Jim Latter
- Peter Evans
- Philip Race
- Vanessa Llambias
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £137k | £105k |
| 31/12/2023 | £106k | £115k |
| 31/12/2022 | £108k | £124k |
| 31/12/2021 | £92k | £116k |
| 31/12/2020 | £141k | £105k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, WEST CHILTINGTON financially healthy?
The accounts state that total unrestricted incoming resources were £103,251, with outgoing resources of £89,256, resulting in a net surplus for the year. The trustees report that the closing balance of unrestricted funds is in line with their policy to maintain reserves equivalent to approximately three months of unrestricted payments, noting that a reserve of about six months' income will be retained to face significant building repair costs. Its FY2023 accounts were independently examined.
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