The Parochial Church Council of the Ecclesiastical Parish of Lancing with Coombes
Financial health, per its FY2024 accounts
The accounts state that the charity held total unrestricted funds of £655,695 at year-end, which significantly exceeds its stated reserves policy target of approximately three months' worth of unrestricted payments. The charity reported a net decrease in total funds of £178,910, primarily driven by a large withdrawal from investments to fund church maintenance and property costs, rather than operational deficits.
What the accounts disclose
“It is PCC policy to maintain a balance on the general unrestricted funds which equates to approximately 3 months’ worth of unrestricted payments as contingency against unforeseen circumstances.” — page 6
“accounting records have not been kept in accordance with s132 of the Charities’ Act 2011 and those accounts do not comply with the requirements of the 2008 Regulations setting out the form and content of charity accounts;” — page 20
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Rev Ben Shane Scottchair
- Alison Jane Sinclair
- Amanda Jane Lydia HUGHES
- Dr David Starbuck
- Jacqueline Harwood
- Jennifer Mary Flake
- Judith Elizabeth Rawlinson
- PAT PHILLIPS
- Peter Bowers
- Richard Doran
- Susan Holland
- Wendy Elisabeth Bowers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £136k | £110k |
| 31/12/2024 | £166k | £362k |
| 31/12/2023 | £707k | £123k |
| 31/12/2022 | £136k | £98k |
| 31/12/2021 | £79k | £75k |
Common questions
Is The Parochial Church Council of the Ecclesiastical Parish of Lancing with Coombes financially healthy?
The accounts state that the charity held total unrestricted funds of £655,695 at year-end, which significantly exceeds its stated reserves policy target of approximately three months' worth of unrestricted payments. The charity reported a net decrease in total funds of £178,910, primarily driven by a large withdrawal from investments to fund church maintenance and property costs, rather than operational deficits. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST | 1 | £2k |
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