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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS WITH ST MARY, STROOD

Registered charity 1138948 · accounts filings on the Charity Commission register · also known as ST NICHOLAS WITH ST MARY, STROOD

Latest income
£127k
Latest spending
£175k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted funds decreased significantly from £573,709 to £265,425 due to a large reordering project expenditure of £380,900. The charity holds £201,209 in total cash and balances, with a stated policy to maintain free reserves equivalent to approximately three months of unrestricted expenditure. The independent examiner reported no matters requiring attention, indicating the accounts comply with regulations.

What the accounts disclose

Reserves policy: three months unrestricted expenditure (held: £265k)
“It is the policy of the PCC to generally maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately three months unrestricted expenditure.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Medway

Income and spending

Financial year endIncomeSpending
31/12/2024£127k£175k
31/12/2023£155k£468k
31/12/2022£92k£125k
31/12/2021£432k£114k
31/12/2020£323k£133k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS WITH ST MARY, STROOD financially healthy?

The accounts state that unrestricted funds decreased significantly from £573,709 to £265,425 due to a large reordering project expenditure of £380,900. The charity holds £201,209 in total cash and balances, with a stated policy to maintain free reserves equivalent to approximately three months of unrestricted expenditure. The independent examiner reported no matters requiring attention, indicating the accounts comply with regulations. Its FY2023 accounts were independently examined.

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