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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY HORNSEY RISE

Registered charity 1150821 · accounts filings on the Charity Commission register · also known as ST MARY HORNSEY RISE ISLINGTON

Latest income
£251k
Latest spending
£219k
Registered
2013
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total income exceeded total expenditure in 2023, resulting in a net movement in funds of £6,057 compared to a deficit in the prior year. The charity holds total reserves of £909,936, which significantly exceeds its stated policy target of between £10,000 and £20,000. The independent examiner reported no matters requiring attention, indicating the accounts present a true and fair view within the scope of an examination.

What the accounts disclose

Reserves policy: between two and three months’ contractual expenditure (held: £910k)
“The opinion of the PCC is that the reserves should be held at a level that will allow between two and three months’ contractual expenditure to be met at any time. This implies an uncommitted reserve of between £10,000 and £20,000.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Islington

Income and spending

Financial year endIncomeSpending
31/12/2024£251k£219k
31/12/2023£223k£217k
31/12/2022£156k£192k
31/12/2021£239k£248k
31/12/2020£273k£151k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY HORNSEY RISE financially healthy?

The accounts state that total income exceeded total expenditure in 2023, resulting in a net movement in funds of £6,057 compared to a deficit in the prior year. The charity holds total reserves of £909,936, which significantly exceeds its stated policy target of between £10,000 and £20,000. The independent examiner reported no matters requiring attention, indicating the accounts present a true and fair view within the scope of an examination. Its FY2023 accounts were independently examined.

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