THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE WITH ST BARTHOLOMEW, READING
Financial health, per its FY2024 accounts
The accounts state that total income of £120,378 exceeded total expenditure of £107,685, resulting in a net income of £12,693 and an increase in usable unrestricted funds to £55,438. The trustees note that the parish has been in a financial recovery plan, paying a reduced parish share, and is currently in a vacancy with a legal restriction on appointment until July 2025. While the immediate financial position is stable with increased reserves, the trustees highlight ongoing challenges regarding the cost of appointing a new vicar and the need for increased regular income.
What the accounts disclose
“The reserves policy is still to maintain reserves of at least £5,000 per building for emergency maintenance to the buildings. The maximum amount to be held in reserves was agreed to be £100,000” — page 13
“The plan was that we would eventually been able to afford the full share and had he stayed it would have been Ross who led this process However, our unexpected plunge into Vacancy left us in the difficult position of wanting to advertise for a post which we did not have the financial capacity to support.”
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- Alan Paul Tonkyn
- Ann Mary Abernethy
- Dr Dianne Nadine Erla Irish Tavares
- Dr SALLY-ANN MCDOWELL
- EVERETTE MARSHALL
- Gillian Mary Lyne
- Gordon Sidney Allister Cox
- Janet Ann Davis
- Janet Mary Shield
- Lynne Webb
- Ola Cassels White
- Paul Alan Carnell
- Paul Webster
- Rev CHRISTINE FIONA BLACKMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £136k | £107k |
| 31/12/2024 | £120k | £108k |
| 31/12/2023 | £125k | £114k |
| 31/12/2022 | £116k | £171k |
| 31/12/2021 | £100k | £253k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE WITH ST BARTHOLOMEW, READING financially healthy?
The accounts state that total income of £120,378 exceeded total expenditure of £107,685, resulting in a net income of £12,693 and an increase in usable unrestricted funds to £55,438. The trustees note that the parish has been in a financial recovery plan, paying a reduced parish share, and is currently in a vacancy with a legal restriction on appointment until July 2025. While the immediate financial position is stable with increased reserves, the trustees highlight ongoing challenges regarding the cost of appointing a new vicar and the need for increased regular income. Its FY2024 accounts were independently examined.
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL HARLOW TOWN CENTRE WITH ST MARY LITTLE PARNDON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DUKINFIELD ST JOHN
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FRIERN BARNET
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SONNING
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS MARPLE
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, UFFCULME