THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, EAST GRINSTEAD
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £20,059.90 for the year, resulting in a decrease in total funds from £110,459.71 to £84,301.49. The trustees note that the charity has not been able to meet the Diocese's expected parish share contributions for a long time. Despite the deficit, the charity maintains unrestricted reserves of £7,879.00, which the trustees state is below their policy target of approximately two months' worth of unrestricted payments.
What the accounts disclose
“It is PCC policy to maintain a balance on the general unrestricted funds (excluding property) which equates to approximately two months' worth of unrestricted payments as a contingency against unforeseen situations.” — page 15
“We have succeeded in establishing St Mary’s Stars Childcare Ltd, which is now trading.” — page 4
Trustees
- ADAM CHARLES WOGANchair
- DAVID JOHN GARRETT
- Dr KAREN ELIZABETH ROSE BSC. PHD
- Elena Christina Mary Smith
- Graham Loving
- Julie Isabel Orton
- Moona Winsor
- Richard Gambiragio
- STEVE POND
- Susan O Neill
- Wendy Arron Champagne Breeze
- William Kenneth Becker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £118k | £100k |
| 31/12/2023 | £114k | £123k |
| 31/12/2022 | £150k | £112k |
| 31/12/2021 | £87k | £122k |
| 31/12/2020 | £92k | £86k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, EAST GRINSTEAD financially healthy?
The accounts state that the charity reported a net expenditure of £20,059.90 for the year, resulting in a decrease in total funds from £110,459.71 to £84,301.49. The trustees note that the charity has not been able to meet the Diocese's expected parish share contributions for a long time. Despite the deficit, the charity maintains unrestricted reserves of £7,879.00, which the trustees state is below their policy target of approximately two months' worth of unrestricted payments. Its FY2023 accounts were independently examined.
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