THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET LOTHBURY

Registered charity 1139504 · accounts filings on the Charity Commission register · also known as ST MARGARET'S PCC, LOTHBURY

The life of the Church reflects the nature and location of the Parish at the heart of the Square Mile. The main service of the week is on Wednesday Lunchtimes - an informal service with worship, teaching and the opportunity to receive prayer. Holy Communion is celebrated on Tuesday Lunchtimes using the BCP. On significant days in the Christian calendar appropriate services are also held.

Causes: Religious Activities · website · Get email alerts

Latest income
£203k
Latest spending
£261k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds stood at £1,179,490, with unrestricted funds of £254,571. The charity reported a deficit on unrestricted activities of £27,878 for the year, while maintaining a designated Reserve fund of £565,255 intended to cover twelve months of operations. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: twelve months of unrestricted expenditure (held: £255k)
“The Reserve fund is to ensure sufficient reserves are held to enable the PCC to continue to operate for a period of twelve months.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Expenses totalling £1,329 were due to one member of the PCC for the year (2023: £1,079 to one member); also the reimbursement of rectory maintenance costs of £3,855 (2023: £nil ).
“Expenses totalling £1,329 were due to one member of the PCC for the year (2023: £1,079 to one member); also the reimbursement of rectory maintenance costs of £3,855 (2023: £nil ).” — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

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

Operates in: City Of London

Income and spending

Financial year endIncomeSpending
31/12/2024£203k£261k
31/12/2023£246k£328k
31/12/2022£241k£240k
31/12/2021£200k£207k
31/12/2020£251k£228k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET LOTHBURY financially healthy?

Per its FY2024 accounts: The accounts state that total funds stood at £1,179,490, with unrestricted funds of £254,571. The charity reported a deficit on unrestricted activities of £27,878 for the year, while maintaining a designated Reserve fund of £565,255 intended to cover twelve months of operations. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.