Newport and Carisbrooke PCC
Regular public worship open to all
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus on general funds of £36,791, bringing unrestricted fund balances to £176,381. However, the charity reports continuing financial challenges and notes a shortfall in Parish Share payments to the Diocese, which is an operational but not legal liability. The trustees confirm adequate resources for going concern, supported by free reserves of £126,310 against a policy target of approximately £150,000.
What the accounts disclose
“An estimation of this level of funds might equate to approximately six months of unrestricted expenditure for each church, and might reasonably be £150,000. At the year end, the Parish as a whole has free reserves of £126,310”
“Friends of the Minster Church of Saints Thomas Newport Isle of Wight - Registered charity 1133165 The Friends' organisation was registered as a charity under number 1133165. During the year the Friends' Charity closed, and transferred the sum of £1,334 to the restoration project.” — page 28
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (06/11/2025)
Trustees
- Allan George Timbrell
- Andrew Charles Rolf
- Ann Susan Smout
- Anne Cameron Hewitt
- David Graham Salter
- Deborah Jane Cook
- Janet Holliday
- Lorraine Johnne Devine Grundon
- Marian Elizabeth Brett-Hill
- PETER BARRY EDNAY
- Peta Adrienne Stevenson
- Peter Hewitt
- Peter John Whitlock
- Rev Abigail Grace Joy Lynch
- Rev Christopher James Bradish
- Rev Emma Cooksey
- Rev Stephen Sutcliffe
- Richard Hugh Smout
- Ruth Elizabeth Chambers
- Stephanie Taylor
- Stephen Alfred Sibbeck Smith
- THOMAS ARTHUR HARDEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £648k | £888k |
| 31/12/2023 | £942k | £1.0m |
| 31/12/2022 | £1.5m | £1.2m |
| 31/12/2021 | £383k | £313k |
| 31/12/2020 | £395k | £190k |
Common questions
Is Newport and Carisbrooke PCC financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus on general funds of £36,791, bringing unrestricted fund balances to £176,381. However, the charity reports continuing financial challenges and notes a shortfall in Parish Share payments to the Diocese, which is an operational but not legal liability. The trustees confirm adequate resources for going concern, supported by free reserves of £126,310 against a policy target of approximately £150,000. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 08/03/2021 | £24k | CRF21 The Minster Church of Sts Thomas, Newport |
| UK government | 08/03/2021 | £27k | CRF21 The Minster Church of Sts Thomas, Newport |
| UK government | 27/01/2021 | £19k | Minster Church of St Thomas, Newport |
| The National Lottery Heritage Fund | 21/11/2018 | £1.2m | "Revitalising Newport Minster" |
| The National Lottery Heritage Fund | 11/10/2016 | £9k | "Discovering Newport Minster, its history and royal links" |
| The National Lottery Heritage Fund | 16/06/2015 | £135k | "Phase 5 of the restoration of Newport Minster and initial work on reordering the interior" |