THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILIP, TUNBRIDGE WELLS
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £10,611 for the year, reducing total net assets from £369k to £359k. Per the trustees' report, unrestricted reserves stood at £87k, which is in excess of the stated policy target of £25k-£50k. The charity remains solvent with no material uncertainties disclosed regarding its ability to continue as a going concern.
What the accounts disclose
“The PCC reserves policy is that a level of freely available unrestricted general funds should be maintained equivalent to between three and six months' regular running costs which would be an amount of between £25k and £50k a year.” — page 6
Trustees
- Rev Richard Nathan Thomaschair
- ANDREW CHARLES COLLINS
- CATHERINE JANE ROOT BA HONS
- Catherine Helen Kitley
- DENNIS PEARCE
- Ian Vaughan Thompson
- Lynda Christine Howlett
- Lynne Melanie Weatherly
- MARTYN PHILIP ROOT
- MIRCEA FLOREA-GABRIAN
- Michael James Williams
- Philippa Ruth Whatling
- Yuet Sum Theresa Mui
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £146k | £126k |
| 31/12/2024 | £111k | £121k |
| 31/12/2023 | £116k | £153k |
| 31/12/2022 | £119k | £85k |
| 31/12/2021 | £84k | £95k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILIP, TUNBRIDGE WELLS financially healthy?
The accounts state that the charity reported a net deficit of £10,611 for the year, reducing total net assets from £369k to £359k. Per the trustees' report, unrestricted reserves stood at £87k, which is in excess of the stated policy target of £25k-£50k. The charity remains solvent with no material uncertainties disclosed regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
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