THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CHAD CHADWELL HEATH
Financial health, per its FY2022 accounts
The accounts state that total income increased by 11.4% to £293,226, driven largely by preschool receipts, while total expenditure rose to £338,422, significantly impacted by £40,000 in building project costs. The charity reports a net movement in funds of approximately £45,000 and notes it remains reliant on the preschool to approach break-even status. Unrestricted reserves stood at £96,816, which is below the stated policy target of three months' unrestricted payments (£38,179).
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2021)
Trustees
- Rev MARTIN JOHN COURTchair
- Beryl Ann Duggan
- Chibueze Obi
- Daryl Williams
- Deborah Louise Karlettis
- Dora Bowes
- Duncan Simons
- Florence Moka
- Iain Buchanan Torrance
- Katherine Anne Baldwin
- PAULINE LOOMES
- Rev Adedeji Adesida
- Rev CHRISTINE JOAN HARDING
- Rosanne Baptiste
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £310k | £373k |
| 31/12/2023 | £328k | £328k |
| 31/12/2022 | £293k | £338k |
| 31/12/2021 | £1.3m | £298k |
| 31/12/2020 | £324k | £271k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CHAD CHADWELL HEATH financially healthy?
The accounts state that total income increased by 11.4% to £293,226, driven largely by preschool receipts, while total expenditure rose to £338,422, significantly impacted by £40,000 in building project costs. The charity reports a net movement in funds of approximately £45,000 and notes it remains reliant on the preschool to approach break-even status. Unrestricted reserves stood at £96,816, which is below the stated policy target of three months' unrestricted payments (£38,179). Its FY2022 accounts were independently examined.
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