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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH

Registered charity 1140013 · accounts filings on the Charity Commission register · also known as THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON WITH ST GABRIEL & ST CLEOPAS, TOXTETH TEAM PCC, LIVERPOOL

Latest income
£173k
Latest spending
£299k
Registered
2011
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity ended the year with a net movement in funds of £40,805, resulting in total unrestricted reserves of £149,293. This figure is significantly above the trustees' stated reserves policy target of £51,000, which represents three months of costs and missionary giving. The charity reported a surplus for the year, although it noted a significant theft of funds that occurred over an extended period prior to the year-end.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £149k)
“We aim to hold reserves sufficient to cover all costs and Missionary Giving for 3 months. This is currently £51,000 (2022: £59,000). The current level of general unrestricted funds is £149,293 (2022: £67,930).” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Rev'd Allen (Trustee/Incumbent)
“During the year the charity paid working expenses and housing costs of £707 (2022: £6,992 to Rev'd Elfick ) to/on behalf of the Rev'd Allen and salary, pension, housing costs and expenses of £44,103 (2022: £45,486) to/on behalf of Rev'd Simmons, salary and pension costs of £13,017 (2022: £32,740) to Rev'd Michael Allen” — page 15
“salary, pension, housing costs and expenses of £44,103 (2022: £45,486) to/on behalf of Rev'd Simmons” — page 15
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Rev'd Simmons (Trustee/Co-pastor)
“During the year the charity paid working expenses and housing costs of £707 (2022: £6,992 to Rev'd Elfick ) to/on behalf of the Rev'd Allen and salary, pension, housing costs and expenses of £44,103 (2022: £45,486) to/on behalf of Rev'd Simmons, salary and pension costs of £13,017 (2022: £32,740) to Rev'd Michael Allen” — page 15
“salary, pension, housing costs and expenses of £44,103 (2022: £45,486) to/on behalf of Rev'd Simmons” — page 15
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Gabriel Chiu (Trustee)
“During the year the charity paid working expenses and housing costs of £707 (2022: £6,992 to Rev'd Elfick ) to/on behalf of the Rev'd Allen and salary, pension, housing costs and expenses of £44,103 (2022: £45,486) to/on behalf of Rev'd Simmons, salary and pension costs of £13,017 (2022: £32,740) to Rev'd Michael Allen” — page 15
“salary, pension, housing costs and expenses of £44,103 (2022: £45,486) to/on behalf of Rev'd Simmons” — page 15
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: Liverpool City

Income and spending

Financial year endIncomeSpending
31/12/2024£173k£299k
31/12/2023£240k£204k
31/12/2022£280k£318k
31/12/2021£304k£286k
31/12/2020£188k£155k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH financially healthy?

The accounts state that the charity ended the year with a net movement in funds of £40,805, resulting in total unrestricted reserves of £149,293. This figure is significantly above the trustees' stated reserves policy target of £51,000, which represents three months of costs and missionary giving. The charity reported a surplus for the year, although it noted a significant theft of funds that occurred over an extended period prior to the year-end. Its FY2023 accounts were independently examined.

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