Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST MARY, THATCHAM

Registered charity 1154079 · accounts filings on the Charity Commission register · also known as ST MARY'S THATCHAM PCC · filing overdue (register status)

Latest income
£149k
Latest spending
£181k
Registered
2013
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net movement in funds of £(20,588) for the year, resulting in a cumulative deficit on the General Fund of £18,433. The trustees note that while the financial situation is resilient, it remains in the red, with significant pressure from rising utility costs and a required 7% increase in the Parish Share. However, the charity holds substantial investment assets valued at £275,526 and unrestricted net assets of £46,538, providing a buffer against the operational deficit.

What the accounts disclose

Going concern: noted by the trustees or auditor
“The financial situation seems to be resilient but is still not in the “black”.” — page 27
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: West Berkshire

Income and spending

Financial year endIncomeSpending
31/12/2024——
31/12/2023£149k£181k
31/12/2022£190k£137k
31/12/2021£137k£140k
31/12/2020£132k£141k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST MARY, THATCHAM financially healthy?

The accounts state that the charity reported a net movement in funds of £(20,588) for the year, resulting in a cumulative deficit on the General Fund of £18,433. The trustees note that while the financial situation is resilient, it remains in the red, with significant pressure from rising utility costs and a required 7% increase in the Parish Share. However, the charity holds substantial investment assets valued at £275,526 and unrestricted net assets of £46,538, providing a buffer against the operational deficit. Its FY2023 accounts were independently examined.

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