ST LUKES PCC HAMPSTEAD
The PCC engages in the following activities: holding regular public worship open to all; pastoral work; teaching Christianity through sermons/small groups; taking religious assemblies in schools; the provision of youth clubs; the promotion of Christianity through the staging of events; promoting the mission of the Church through activities for various groups; and supporting Christian charities.
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash held at year-end was £38,969, which is below the charity's stated reserves policy target of three months' annual expenditure (approximately £60,000). Expenditure increased significantly to £362,484, largely due to the reinstatement of Diocesan Common fund contributions, resulting in a net decrease in cash funds of £133,229 for the year.
What the accounts disclose
“At the year end, the charity held unrestricted cash of £38,969 and the charity is not complying with its policy for holding reserves.” — page 4
“Staff payroll (see note 3(a)) include employment benefits totalling £3,520 (2023: £0) paid in respect of P Tressider for working as an apprentice. Additionally £nil (2023: £7,899) was paid in respect of S Tressider for working as the church's womens' worker. These individuals are closely related to a member of the PCC.” — page 10
“St Luke's Church of England School was established by members of the church and the PCC has the power to appoint some of its governors. During the year the School paid rent of £28,477 (2023: £28,477) to the PCC for the use of church property (see note 2(b)).” — page 10
“Staff payroll (see note 3(a)) include employment benefits totalling £3,520 (2023: £0) paid in respect of P Tressider for working as an apprentice. Additionally £nil (2023: £7,899) was paid in respect of S Tressider for working as the church's womens' worker. These individuals are closely related to a member of the PCC.” — page 10
“St Luke's Church of England School was established by members of the church and the PCC has the power to appoint some of its governors. During the year the School paid rent of £28,477 (2023: £28,477) to the PCC for the use of church property (see note 2(b)).” — page 10
Trustees
- Rev ALISTAIR CHARLES TRESIDDERchair
- ADRIAN BARRETT
- ANDREW MARK JULIAN PARKER
- Adam Farlow
- Alex Powell
- Brandon Leung
- Derralynn Hughes
- Dr Clare Craig
- Katrina Hackett
- Lindsey Matejczyk
- Michael Philip Poulard
- Monica Duncan
- Robert Stannard
- Tim Fairbairn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £229k | £362k |
| 31/12/2023 | £225k | £255k |
| 31/12/2022 | £243k | £224k |
| 31/12/2021 | £206k | £177k |
| 31/12/2020 | £159k | £211k |
Common questions
Is ST LUKES PCC HAMPSTEAD financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted cash held at year-end was £38,969, which is below the charity's stated reserves policy target of three months' annual expenditure (approximately £60,000). Expenditure increased significantly to £362,484, largely due to the reinstatement of Diocesan Common fund contributions, resulting in a net decrease in cash funds of £133,229 for the year. Its FY2024 accounts were independently examined.