PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH ONGAR
Latest income
£116k
Latest spending
£107k
Registered
2012
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity achieved a surplus of £8,720 for the year ended 31 December 2023, driven by increased income from hall hiring and donations. The trustees report that unrestricted cash reserves of £24,691 meet the stated policy target of three months' unrestricted payments, indicating adequate liquidity despite a projected deficit for the 2024 budget.
What the accounts disclose
Reserves policy: three months of unrestricted expenditure (held: £25k)
“It is PCC policy to try to maintain a balance on unrestricted funds that equates to at least three months' unrestricted payments. This is equivalent to £20,531.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The PCC has agreed to keep this under “watch” and review the decision should the finances look poor towards the end of the year, with the stated intention to adjust our payments so that the overall position is breakeven / neutral.”
Per its FY2023 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2022) → going-concern doubt noted (FY2023).
Trustees
- Stewart Gibbschair
- DEREK GRAHAM SMITH
- Fiona Baxter
- Janet Morris
- Janine Annn Thirkettle
- Joanna Saward
- Julie Willis
- Katherine Garner
- Keeley Clair Wilkinson
- Peter John Garner
- Wendy Ann Pike
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £116k | £107k |
| 31/12/2023 | £102k | £93k |
| 31/12/2022 | £81k | £81k |
| 31/12/2021 | £74k | £82k |
| 31/12/2020 | £83k | £76k |
Common questions
Is PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH ONGAR financially healthy?
The accounts state that the charity achieved a surplus of £8,720 for the year ended 31 December 2023, driven by increased income from hall hiring and donations. The trustees report that unrestricted cash reserves of £24,691 meet the stated policy target of three months' unrestricted payments, indicating adequate liquidity despite a projected deficit for the 2024 budget.
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