THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST TIMOTHY'S CROOKES
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £8,696 for the year ended 31 December 2023, resulting in a negative movement in both unrestricted and restricted funds. The trustees note that the church is unable to sustain losses at this level for a significant length of time and that costs are forecasted to increase in 2025, particularly regarding heating. However, unrestricted reserves of £83,137 remain above the stated minimum policy target of £30,000.
What the accounts disclose
“With our charity designation, it is expected that there will always remain a balance on general funds to cover any emergency or required closure of the charity. This is a minimum of £30,000.” — page 3
“The church is unable to sustain losses at this level for a significant length of time and while it is a positive move that this was a positive result against a larger budgeted deficit it remains to be seen if this is an artefact of an overly conservative budget or growth elsewhere.”
Year-over-year changes
- Going concern: no going-concern doubt (FY2022) → going-concern doubt noted (FY2023).
Trustees
- ALEXANDER ROHAN TOWNSEND
- Aidan James Melville
- Christopher Peter Renshaw
- Diana Mary Rogers
- Dr David Roshan William Townsend
- Ellen Makin
- JACK BAYNE HISCOCK MA
- Jacqueline Marie Thiselton
- James Ian Saunders
- Joanne Kay Chapman
- Katharine Amy Rogers-Kay
- Marianna Hew
- Nicholas Stephen James Cocking
- Peter Wigglesworth
- Richard Turner
- Stacey Amanda Renshaw
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £205k | £221k |
| 31/12/2023 | £200k | £209k |
| 31/12/2022 | £185k | £175k |
| 31/12/2021 | £175k | £174k |
| 31/12/2020 | £193k | £175k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST TIMOTHY'S CROOKES financially healthy?
The accounts state that the charity reported a net deficit of £8,696 for the year ended 31 December 2023, resulting in a negative movement in both unrestricted and restricted funds. The trustees note that the church is unable to sustain losses at this level for a significant length of time and that costs are forecasted to increase in 2025, particularly regarding heating. However, unrestricted reserves of £83,137 remain above the stated minimum policy target of £30,000. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN, EAST TWICKENHAM | 1 | £6k |
| THE JONATHAN TOWLER FOUNDATION | 1 | £3k |
| THE JOHN HORSEMAN TRUST | 1 | £2k |
| THE RED SOCKS CHARITABLE TRUST | 1 | £1k |
| Aylesham Community Trust | 1 | £967 |
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