THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST TIMOTHY'S CROOKES

Registered charity 1172252 · accounts filings on the Charity Commission register · also known as ST TIMOTHY'S PCC CROOKES

Latest income
£205k
Latest spending
£221k
Registered
2017
Accounts read
FY2023

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

Reserves policy: minimum of £30,000 (held: £83k)
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
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
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.
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: Sheffield City

Income and spending

Financial year endIncomeSpending
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.

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