Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GERMAINS EDGBASTON

Registered charity 1164749 · accounts filings on the Charity Commission register · also known as ST GERMAINS PCC

Latest income
£403k
Latest spending
£391k
Registered
2015
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity realized an overall surplus of £190,154 for the year ended 31 December 2023, resulting in closing net assets increasing to £496,851. The trustees report that unrestricted reserves at year-end represent thirteen to fourteen months of budgeted expenditure, which exceeds their stated policy target of holding at least three months' regular expenditure as free reserves.

What the accounts disclose

Reserves policy: three months of regular expenditure (held: £157k)
“Ideally the PCC would wish to have in hand an amount equal to at least three months' regular expenditure as "free" reserves” — page 3
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2023)

Total income
£621k
Total spending
£436k
Reserves (reported)
£36k
Employees
6

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Birmingham City

Income and spending

Financial year endIncomeSpending
31/12/2024£403k£391k
31/12/2023£621k£436k
31/12/2022£401k£478k
31/12/2021£320k£545k
31/12/2020£521k£257k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GERMAINS EDGBASTON financially healthy?

The accounts state that the charity realized an overall surplus of £190,154 for the year ended 31 December 2023, resulting in closing net assets increasing to £496,851. The trustees report that unrestricted reserves at year-end represent thirteen to fourteen months of budgeted expenditure, which exceeds their stated policy target of holding at least three months' regular expenditure as free reserves. Its FY2023 accounts were independently examined.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MICHAEL, BREASTON.