THE PAROCHIAL CHURCH COUNCIL OF ST GEORGES CHURCH FREEZYWATER
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with a net decrease in funds of £17,513, resulting in total net assets of £96,171. The trustees report that income from the hall remains low compared to pre-pandemic levels and church collections have significantly decreased, though they note a recovery process is underway. The charity holds unrestricted reserves of £19,175, which the trustees describe as a 'very low level' set at £5,200 for the common fund, indicating tight financial constraints.
What the accounts disclose
“St. George's Parish Hall and Community Centre is still experiencing difficulties in many ways as the Pandemic has not been cleared, yet we are making a good recovery process.” — page 11
Trustees
- Rev TAEMIN OHchair
- Ajoke Alaoye
- CAROLINE SHAW
- CHRISTINE NNADI
- Chika Uchenna Akinseye
- DAVID JENNER
- Francis Ekeh
- IRENE SELEMA
- Jacqueline Elizabeth Stewart
- Thomas Moody Michael
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £121k | £126k |
| 31/12/2024 | £123k | £132k |
| 31/12/2023 | £112k | £140k |
| 31/12/2022 | £110k | £126k |
| 31/12/2021 | £123k | £130k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF ST GEORGES CHURCH FREEZYWATER financially healthy?
The accounts state that the charity ended the year with a net decrease in funds of £17,513, resulting in total net assets of £96,171. The trustees report that income from the hall remains low compared to pre-pandemic levels and church collections have significantly decreased, though they note a recovery process is underway. The charity holds unrestricted reserves of £19,175, which the trustees describe as a 'very low level' set at £5,200 for the common fund, indicating tight financial constraints. Its FY2023 accounts were independently examined.
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