THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WYKE
WE ARE ST MARY'S CHURCH. WE ARE IN WYKE BRADFORD. THE CHURCH IS IN THE MIDDLE OF A SUPER OUTPUT AREA (OFFICE OF NATIONAL STATISTICS). WE ARE VERY COMMUNITY FOCUSED, MAKING OUR CHURCH HALL AVAILABLE TO SEVERAL ORGANISATIONS CATERING FOR ALL AGE GROUPS. WE ALSO HELP TO RUN AND SUPPORT A LOCAL FOOD BANK.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a General Fund deficit of £2,465, reducing unrestricted reserves to £2,424. The trustees report an inability to sustain spending from general reserves and note a significant cumulative shortfall in paying the Diocesan Share, relying on a designated Mobile Mast fund to cover unexpected expenditure. However, the trustees also state that combined year-end funds are well in excess of their reserves policy target of two months' average expenditure.
What the accounts disclose
“Receipts of £62,401 are mainly derived from Giving/Gift Aid, £34,213, and Church Hall Rents, £16,718.” — page 7
“The combined year-end funds held in the general and designated funds total £48,046 and are well in excess of the long-held policy of holding a minimum of two months average expenditure and give us a decent cash-flow buffer.” — page 7
“As reported last year, we are unable to sustain the level of spending required to support ongoing ministry and the maintenance of the church buildings from the General Fund reserves. In recent years this has impacted on our ability to pay our Diocesan Share*. This year we paid £33,000 (80%) of the £41,149 Share requested which brings the total shortfall for the last six years to £52.560! We are reliant on the Mobile Mast designated fund to provide adequate reserves and to cover unexpected, but necessary, expenditure.” — page 7
Trustees
- Rev Lucy Jane Wormsleychair
- BERNARD LEWIS
- CHRISTINE HALEY
- DAWN MOODY
- EVELYN HAIGH
- GILLIAN MCQUEEN
- Jean Patricia Marsh
- John Stone
- Katharine Elizabeth Taylor
- Philip Martin Chadwick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £62k | £79k |
| 31/12/2023 | £57k | £80k |
| 31/12/2022 | £246k | £80k |
| 31/12/2021 | £63k | £52k |
| 31/12/2020 | £49k | £58k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WYKE financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a General Fund deficit of £2,465, reducing unrestricted reserves to £2,424. The trustees report an inability to sustain spending from general reserves and note a significant cumulative shortfall in paying the Diocesan Share, relying on a designated Mobile Mast fund to cover unexpected expenditure. However, the trustees also state that combined year-end funds are well in excess of their reserves policy target of two months' average expenditure. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/01/2019 | £10k | St Mary's Community Kitchen Hall Refurbishment |