THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, WATERHEAD
We hold services of Christian worship, and services of comfort and rites of passage.We seek to engender community and henve a sense of cohesion. We do so through servies and the use of the Parish Hall, which we own entirely.Via the Parish Hall, we provide events for all sections of the local community, as a means of supporting the community and enabling it to thrive and prosper.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves are critically low at £3,476, which is significantly below the Diocese of Manchester's recommendation of 6–9 months of bills. The charity reported a net deficit for the year, with total costs exceeding total income, indicating financial strain despite increased income from grants and rentals.
What the accounts disclose
“The total income for 2024 was £96,833”
“This balance is alarming: for example, the Diocese of Manchester recommends that it is large enough to pay 6–9 months of bills”
“Church funds continue to be under enormous pressure, making achievement of its missionary and charitable aims a challenge.”
Trustees
- Rev Dr Paul Malcolm Spenser Monkchair
- Daniel Reilly
- Jack Peacock
- John Alan Wolstencroft
- Linda Mary Birkby
- Lucie Reilly
- Peter Haslam
- Valerie Crane
- Victoria Heaton
- Zoe Liles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £97k | £101k |
| 31/12/2023 | £68k | £67k |
| 31/12/2022 | £62k | £54k |
| 31/12/2021 | £35k | £35k |
| 31/12/2020 | £85k | £74k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, WATERHEAD financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves are critically low at £3,476, which is significantly below the Diocese of Manchester's recommendation of 6–9 months of bills. The charity reported a net deficit for the year, with total costs exceeding total income, indicating financial strain despite increased income from grants and rentals.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/03/2024 | £19k | Repitching the tent |
| The National Lottery Community Fund | 27/01/2023 | £10k | Warm Welcome |
| The National Lottery Heritage Fund | 23/09/2014 | £201k | "Oldham Waterhead Parish Church" |
| The National Lottery Heritage Fund | 18/06/2013 | £170k | "Oldham - Waterhead Parish Church" |
| The National Lottery Community Fund | 10/01/2013 | £10k | The Waterhead kids' zone |