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

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILIP, CAMBRIDGE

Registered charity 1142474 · accounts filings on the Charity Commission register · also known as ST PHILIP'S CHURCH, CAMBRIDGE

Latest income
£552k
Latest spending
£189k
Registered
2011
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the church reported a surplus of £7k for the year ended 31 December 2023, with net assets totaling £979,937. The trustees describe the finances as 'very healthy' and note that the church is well-placed to undertake future maintenance and refurbishment projects. Reserves are held in the general fund, which the trustees consider sufficient to meet their stated policy target.

What the accounts disclose

Reserves policy: three months' expenditure (held: £980k)
“The agreed policy of the PCC is to retain minimum unrestricted revenue in the general fund equivalent to three months’ expenditure, based on the annual budget set each year.”
Per its FY2023 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
£552k
Total spending
£189k
Reserves (reported)
£48k
Employees
1

Reported reserves equal ~3.0 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: Cambridgeshire

Income and spending

Financial year endIncomeSpending
31/12/2024£552k£189k
31/12/2023£177k£168k
31/12/2022£181k£162k
31/12/2021£211k£197k
31/12/2020£191k£192k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILIP, CAMBRIDGE financially healthy?

The accounts state that the church reported a surplus of £7k for the year ended 31 December 2023, with net assets totaling £979,937. The trustees describe the finances as 'very healthy' and note that the church is well-placed to undertake future maintenance and refurbishment projects. Reserves are held in the general fund, which the trustees consider sufficient to meet their stated policy target. Its FY2023 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILIP, EARLS COURT ROAD, LONDON.