PAROCHIAL CHURCH COUNCIL OF ST MARY MAGDALENE, WOODSTOCK
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small unrestricted surplus of £744 for the year ended 31 December 2024, with total unrestricted reserves standing at £23,093. The trustees note that while this figure is above their agreed minimum target of £16,000, it remains below the typical charity benchmark of three months' expenditure, which would be £31,000 in their case.
What the accounts disclose
“Unrestricted reserves are now £23,093. Typical charities aim at holding 3 months of expenditure which in our case would be £31,000 although the PCC has agreed that our reserve target should not fall below £16,000.” — page 9
Trustees
- Aidan Mark Salter
- Andrea Karen Johnson
- Carol Ann Steel
- Christine Jane Steel
- David Colin Paine
- Gemma Rebecca Ferrier
- MIKE HOLMES
- Meagan Lynne Williams
- Melanie Jane Elizabeth McGregor
- Michael Benjamin Bowles
- Rev Sarah Madeleine Bourne
- Sandra Linden Rasch
- Sara Jane Forshaw
- Thomas Charles Tarrant
- Valerie Parke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £357k | £429k |
| 31/12/2024 | £167k | £134k |
| 31/12/2023 | £177k | £135k |
| 31/12/2022 | £167k | £125k |
| 31/12/2021 | £110k | £113k |
Common questions
Is PAROCHIAL CHURCH COUNCIL OF ST MARY MAGDALENE, WOODSTOCK financially healthy?
The accounts state that the charity reported a small unrestricted surplus of £744 for the year ended 31 December 2024, with total unrestricted reserves standing at £23,093. The trustees note that while this figure is above their agreed minimum target of £16,000, it remains below the typical charity benchmark of three months' expenditure, which would be £31,000 in their case. Its FY2024 accounts were independently examined.
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