THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ASCENSION, HANGER HILL WITH WEST TWYFORD, ST MARY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £55,386 for the year, primarily driven by a £47,000 boiler replacement and the repayment of a £14,000 diocesan loan. The trustees note that finances are tight and the parish is subsidised by the wider church, but confirm that unrestricted reserves of £10,585 comply with the stated policy of maintaining approximately six months' unrestricted payments.
What the accounts disclose
“The balances at 31st December 2022 comply with this policy.” — page 4
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2022) to "below" (FY2023).
Trustees
- REV SIMON JOHN REEDchair
- Bob Kaigo
- COLIN GORDON MCKENZIE
- ELIZABETH ANN WILLIAMS
- Erno Bostyan
- Kester Worm
- Philippa Stephanie Bird
- RACHEL WHITE
- Raymond Thomas Adey
- Rosemary Anne Sookias
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £156k | £163k |
| 31/12/2023 | £134k | £190k |
| 31/12/2022 | £159k | £112k |
| 31/12/2021 | £95k | £109k |
| 31/12/2020 | £172k | £93k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ASCENSION, HANGER HILL WITH WEST TWYFORD, ST MARY financially healthy?
The accounts state that the charity reported a net deficit of £55,386 for the year, primarily driven by a £47,000 boiler replacement and the repayment of a £14,000 diocesan loan. The trustees note that finances are tight and the parish is subsidised by the wider church, but confirm that unrestricted reserves of £10,585 comply with the stated policy of maintaining approximately six months' unrestricted payments. Its FY2023 accounts were independently examined.
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