Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ALDRIDGE, DIOCESE OF LICHFIELD

Registered charity 1139511 · accounts filings on the Charity Commission register · also known as ALDRIDGE PCC

Latest income
£551k
Latest spending
£528k
Registered
2010
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that unrestricted reserves of £190,627 provide a reasonable financial cushion, representing 40% of unrestricted resources expended. The charity achieved a general account surplus of £28,399 for the year, following a deficit in the previous period, although decreased regular giving levels are noted as impacting future financial planning.

What the accounts disclose

Reserves policy: to cover short-term needs (held: £191k)
“It is not the policy of the PCC to maintain a minimum balance on unrestricted reserves other than to cover short-term needs.” — page 7
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Jenny Doel, the wife of trustee Rev Steve Doel, was employed during the year as church lay worker in accordance with normal procedures and pay rates. Rev Doel was not involved in approving the terms of the appointment.
“Jenny Doel, the wife of trustee Rev Steve Doel, was employed during the year as church lay worker in accordance with normal procedures and pay rates. Rev Doel was not involved in approving the terms of the appointment.” — page 16
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£551k
Total spending
£528k
Cost of raising funds
£180
Reserves (reported)
£194k
Employees
5

Reported reserves equal ~4.4 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Walsall

Income and spending

Financial year endIncomeSpending
31/12/2024£551k£528k
31/12/2023£517k£551k
31/12/2022£533k£528k
31/12/2021£486k£523k
31/12/2020£526k£579k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ALDRIDGE, DIOCESE OF LICHFIELD financially healthy?

The accounts state that unrestricted reserves of £190,627 provide a reasonable financial cushion, representing 40% of unrestricted resources expended. The charity achieved a general account surplus of £28,399 for the year, following a deficit in the previous period, although decreased regular giving levels are noted as impacting future financial planning. Its FY2022 accounts were independently examined.

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