THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY CHOLSEY
Financial health, per its FY2023 accounts
The accounts state that total income decreased by 11.5% to £122,321, primarily due to reduced donations, while total expenditure fell by 16% to £112,850. This resulted in a net surplus of £9,471 for the year, increasing total funds to £87,352. However, unrestricted working capital dropped to £4,916, which is below the stated reserves policy target of two months' expenditure.
What the accounts disclose
“The PCC aims to maintain a working capital of at least 2 months general fund expenditure.” — page 9
Year-over-year changes
- Going concern: going-concern doubt noted (FY2022) → no going-concern doubt (FY2023).
Trustees
- Andrew Robert Avery
- Anthony Peter Clements
- Claire White
- Deborah Karen Wolf
- Gabrielle Anne Clements
- Howard Charles William Gander
- Ian Fitzmaurice
- James Michael Middleton Bennett
- Nigel David White
- Rebecca Louise Thomasson BA Hons
- Rev Rebecca Peters
- Timothy Hammond
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £151k | £130k |
| 31/12/2023 | £122k | £113k |
| 31/12/2022 | £138k | £135k |
| 31/12/2021 | £178k | £176k |
| 31/12/2020 | £121k | £135k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY CHOLSEY financially healthy?
The accounts state that total income decreased by 11.5% to £122,321, primarily due to reduced donations, while total expenditure fell by 16% to £112,850. This resulted in a net surplus of £9,471 for the year, increasing total funds to £87,352. However, unrestricted working capital dropped to £4,916, which is below the stated reserves policy target of two months' expenditure. Its FY2023 accounts were independently examined.
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