THE RECTORIAL BENEFICE OF MARGAM

Registered charity 1140732 · accounts filings on the Charity Commission register · also known as THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON NOTTAGE PORTHCAWL

promotion of the mission of the church, parochial budget and expenditure, care and maintenance of the church fabric and of the church yards

Causes: Religious Activities · website · Get email alerts

Latest income
£531k
Latest spending
£440k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net incoming resource of £90,901 for the year ended 31 December 2024, resulting in total funds carried forward of £1,514,033. The trustees note that most management and activity is carried out by volunteers, whose contribution is incalculable and not included in the financial statements. No material matters were identified by the independent examiner during their examination of the accounts.

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

What the accounts disclose

Largest income source: Voluntary Income (48% of income)
“Total Incoming Resources 402,604 - 128,666 531,271 674,835” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

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

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

Total income
£531k
Total spending
£440k
Reserves (reported)
£377k
Employees
0

Reported reserves equal ~10.3 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (47% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

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Trustees · trustee networks

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

Operates in: Bridgend

Income and spending

Financial year endIncomeSpending
31/12/2024£531k£440k
31/12/2023£675k£548k
31/12/2022£514k£499k
31/12/2021£207k£112k
31/12/2020£162k£130k

Common questions

Is THE RECTORIAL BENEFICE OF MARGAM financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £90,901 for the year ended 31 December 2024, resulting in total funds carried forward of £1,514,033. The trustees note that most management and activity is carried out by volunteers, whose contribution is incalculable and not included in the financial statements. No material matters were identified by the independent examiner during their examination of the accounts. Its FY2024 accounts were independently examined.