THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW BY THE WARDROBE, LONDON
The PCC has the responsibility of cooperating with the Priest in Charge, in promoting in the ecclesiastical parish of St Andrew by the Wardrobe the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
Financial health, per its FY2024 accounts
The accounts state that the parish reported a net deficit of £2,888 for the year, primarily due to refurbishment project expenditure, resulting in a decrease in total net assets from £481,342 to £478,454. The trustees note that the level of reserves held is sufficient and reasonable to maintain the mission, with unrestricted reserves of £102,127 against a stated policy target of £180,000. The Independent Examiner confirmed that no material matters came to their attention that would cause them to believe the accounts did not comply with applicable requirements.
What the accounts disclose
“One year's income for the whole parish in the sum of £150,000 plus £30,000 (total £180,000) to take into account further capital works outside the church.” — page 17
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- The Venerable Luke Jonathan Millerchair
- Alexander Edward Rayner
- Hoe Yeong Loke
- Laura Rosalind Li
- Martin Woods
- Robin Davies
- THOMAS ORMOND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £194k | £202k |
| 31/12/2023 | £538k | £586k |
| 31/12/2022 | £451k | £950k |
| 31/12/2021 | £611k | £330k |
| 31/12/2020 | £162k | £127k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW BY THE WARDROBE, LONDON financially healthy?
Per its FY2024 accounts: The accounts state that the parish reported a net deficit of £2,888 for the year, primarily due to refurbishment project expenditure, resulting in a decrease in total net assets from £481,342 to £478,454. The trustees note that the level of reserves held is sufficient and reasonable to maintain the mission, with unrestricted reserves of £102,127 against a stated policy target of £180,000. The Independent Examiner confirmed that no material matters came to their attention that would cause them to believe the accounts did not comply with applicable requirements. Its FY2024 accounts were independently examined.