THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH
Religious Activities
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £446,377 at the end of the year, which is significantly above the stated policy target of £67,000. The charity reported a net expenditure of £124,343, driven by a significant loss on the disposal of investment properties and ongoing operational costs. Despite the deficit, the charity maintains substantial cash reserves and no long-term liabilities.
What the accounts disclose
“We aim to hold reserves sufficient to cover all costs and Missionary Giving for 3 months. This is currently £67,000” — page 4
“During the year the charity paid working expenses and housing costs of £2,478 (2023: £707 ) to/on behalf of the Rev'd Allen” — page 15
“salary, pension, housing costs and expenses of £47,979 (2023: £44,103) to/on behalf of Rev'd Simmons” — page 15
“During the year the charity paid working expenses and housing costs of £2,478 (2023: £707 ) to/on behalf of the Rev'd Allen” — page 15
“salary, pension, housing costs and expenses of £47,979 (2023: £44,103) to/on behalf of Rev'd Simmons” — page 15
“During the year the charity paid working expenses and housing costs of £2,478 (2023: £707 ) to/on behalf of the Rev'd Allen” — page 15
“salary, pension, housing costs and expenses of £47,979 (2023: £44,103) to/on behalf of Rev'd Simmons” — page 15
“It came to light in January 2024 that a significant sum of money had been taken both from the safe and the collection box over an extended period. It is unlikely that the money will be recovered, or the person responsible identified. Several failures were identified and measures have been put in place to ensure that it does not happen again. The matter has been reported to the Charity Commission.” — page 4
Trustees
- Rev Michael Allenchair
- Charlotte Kane
- Gabriel Chiu
- Gary Pauls
- Geoffrey Millington
- Jonathan Lancaster
- Lauren Smith
- Pauline Turner
- Rev Andrew John Simmons
- Shika Habershon
- Stephen Angus
- Thomas Keningley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £446,377 at the end of the year, which is significantly above the stated policy target of £67,000. The charity reported a net expenditure of £124,343, driven by a significant loss on the disposal of investment properties and ongoing operational costs. Despite the deficit, the charity maintains substantial cash reserves and no long-term liabilities. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £2k |
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH | £173k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL WARWICK | £167k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.MARTIN-OF-TOUR, CHELSFIELD | £261k | — | 0 | above | 7.6% | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN THAME | £338k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN BURWELL WITH ST ETHELDREDA AND THE HOLY TRINITY REACH | £137k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, RUDGWICK | £269k | — | 0 | above | — | no doubt |