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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH

Registered charity 1142099 · accounts filings on the Charity Commission register · also known as WALCOT PCC

Latest income
£260k
Latest spending
£287k
Registered
2011
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net deficit of £25,759 for the year, reducing its total unrestricted funds to £219,763. Per the trustees' report, the charity has a reserves policy target of three months of current expenditure (approximately £60,000) and holds unrestricted reserves well above this threshold. The trustees have approved a plan to eliminate the annual deficit by the end of 2025 and confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: three months of current expenditure (held: £201k)
“The PCC has agreed that we should retain a long-term unrestricted reserve of three months of current expenditure (now being around £60,000), which is felt to represent a sensible balance between prudence and faith.” — page 18
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Spouse of Trustee Andy Waterman received £15,750 in staff costs for administrative services.
“During the financial year Mrs Bryony Waterman (Spouse to Trustee Mr Andy Waterman) received £15,750 in staff costs in relation to administrative services provided to Walcot PCC in furtherance of the Charity's objects.” — page 31
“During the financial year Mrs Suzanne Darwin (Spouse to Trustee Mr Dan Darwin) received £18,536 in staff costs in relation to administrative services provided to Walcot PCC in furtherance of the Charity's objects.” — page 31
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Spouse of Trustee Dan Darwin received £18,536 in staff costs for administrative services.
“During the financial year Mrs Bryony Waterman (Spouse to Trustee Mr Andy Waterman) received £15,750 in staff costs in relation to administrative services provided to Walcot PCC in furtherance of the Charity's objects.” — page 31
“During the financial year Mrs Suzanne Darwin (Spouse to Trustee Mr Dan Darwin) received £18,536 in staff costs in relation to administrative services provided to Walcot PCC in furtherance of the Charity's objects.” — page 31
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Honey Café Ltd
“The downstairs kitchen and café area have been sublet to Honey Café Ltd, which serves coffee, cakes and lunches, Tuesday to Saturday each week.” — page 17
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: Bath And North East Somerset

Income and spending

Financial year endIncomeSpending
31/12/2024£260k£287k
31/12/2023£201k£227k
31/12/2022£200k£214k
31/12/2021£179k£190k
31/12/2020£188k£206k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH financially healthy?

The accounts state that the charity reported a net deficit of £25,759 for the year, reducing its total unrestricted funds to £219,763. Per the trustees' report, the charity has a reserves policy target of three months of current expenditure (approximately £60,000) and holds unrestricted reserves well above this threshold. The trustees have approved a plan to eliminate the annual deficit by the end of 2025 and confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.

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