THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALFOLD AND LOXWOOD

Registered charity 1165693 · accounts filings on the Charity Commission register · also known as THE PARISH OF ALFOLD AND LOXWOOD PCC

Latest income
£154k
Latest spending
£135k
Registered
2016
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity recorded a trading loss of £12,457 for the year ended 31 December 2023, following a loss in the previous year, which the Treasurer describes as unsustainable in the medium term. Unrestricted reserves decreased to £85,809, representing approximately eight months of unrestricted expenditure, which the report characterizes as a worrying trend. The charity relies heavily on regular giving, which declined, while the Diocesan Parish Share remains its heaviest financial burden.

What the accounts disclose

Reserves policy: three months’ unrestricted payments (held: £86k)
The PCC’s policy is to maintain a balance on unrestricted funds which equates to at least three months’ unrestricted payments. — page 12
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
This is something that we need to face head-on as a church family, because, as our treasurer writes, it is not sustainable even in the medium term.
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: Payments made to Trustees for Loxwood reordering costs
Note: Loxwood reordering costs amounting to £2,000 related to payments made to Trustees. — page 22
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payments made to Trustees for Loxwood reordering costs
Note: Loxwood reordering costs amounting to £2,000 related to payments made to Trustees. — page 22
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2022 and FY2023 accounts as analysed by this site.

Trustees

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

Operates in: Surrey · West Sussex

Income and spending

Financial year endIncomeSpending
31/12/2024£154k£135k
31/12/2023£118k£127k
31/12/2022£140k£150k
31/12/2021£137k£124k
31/12/2020£127k£124k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALFOLD AND LOXWOOD financially healthy?

The accounts state that the charity recorded a trading loss of £12,457 for the year ended 31 December 2023, following a loss in the previous year, which the Treasurer describes as unsustainable in the medium term. Unrestricted reserves decreased to £85,809, representing approximately eight months of unrestricted expenditure, which the report characterizes as a worrying trend. The charity relies heavily on regular giving, which declined, while the Diocesan Parish Share remains its heaviest financial burden. Its FY2023 accounts were independently examined.

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