Thetford Parochial Church Council
Financial health, per its FY2024 accounts
The accounts state that the General Fund holds a surplus of £45,888.34, but the overall unrestricted position is weakened by significant deficits in the Development Fund and other restricted funds, resulting in a net unrestricted deficit of approximately £18,500 when excluding non-cash debtors. The charity notes that this deficit must be covered by reserves or designated funds, and highlights a contingent liability of £30,527 regarding EU redevelopment funding. Despite these pressures, the trustees report that the General Fund 'still appears relatively healthy' and that giving has increased.
What the accounts disclose
“The accounts show a year-end balance of £45,888.34 in the General Fund which, whilst less than the previous year, still appears relatively healthy. However, the General Fund (or other unrestricted funds) needs to be able to cover the deficits in other funds. If one were to subtract the Other Debtors balance (since this is not yet cash in the bank), the negative funds and fixed assets from the General Fund, we would be left with a deficit of just over £18,500 – which would need to be covered from reserves or other designated funds.” — page 10
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- Rev Peter David Herbertchair
- Gary Applin
- Karen Tobitt
- Louise Elizabeth Applin
- Margaret Ann Baldwin Mrs
- Neil Shiells Francis Glen
- Rachel Haydon Woods
- Rev Matthew Walker Houghton
- Rev RICHARD ANTHONY HEYWOOD
- SANDRA JEAN PHILLIPS
- Stephanie Churnside Welch
- Susanna Samuel
- caroline elizabeth herbert
- michael tobitt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £172k | £115k |
| 31/12/2024 | £98k | £115k |
| 31/12/2023 | £83k | £79k |
| 31/12/2022 | £104k | £65k |
| 31/12/2021 | £45k | £58k |
Common questions
Is Thetford Parochial Church Council financially healthy?
The accounts state that the General Fund holds a surplus of £45,888.34, but the overall unrestricted position is weakened by significant deficits in the Development Fund and other restricted funds, resulting in a net unrestricted deficit of approximately £18,500 when excluding non-cash debtors. The charity notes that this deficit must be covered by reserves or designated funds, and highlights a contingent liability of £30,527 regarding EU redevelopment funding. Despite these pressures, the trustees report that the General Fund 'still appears relatively healthy' and that giving has increased. Its FY2024 accounts were independently examined.
Who funds Thetford Parochial Church Council?
Funders whose own accounts filings name Thetford Parochial Church Council as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LITTLE SHELFORD.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/05/2002 | £965 | "This Group Research The History Of Aspects Of Their Area & Publicise Their Findings For The Benefit Of The Public. They Would Like To Resear" |
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