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

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILIP, EARLS COURT ROAD, LONDON

Registered charity 1172886 · accounts filings on the Charity Commission register · also known as ST PHILIPS EARLS COURT ROAD PCC

Latest income
£332k
Latest spending
£316k
Registered
2017
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted income was £272,055 and unrestricted expenditure was £252,015, resulting in a surplus of £20,040 for the year. The unrestricted fund balance at the end of the year was £303,939, which the Treasurer notes is above the target minimum reserve level of £100,000 set for 2023.

What the accounts disclose

Reserves policy: £100,000 (held: £304k)
“the level in 2023 was £100,000. The end 2023 level of the unrestricted fund, less fixed assets, amounted to about £300,400.” — page 21
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: One PCC member was paid £120 for musical services; payments to PCC members/related parties included £26,023 for reimbursed expenses.
“In accordance with section 185 of the Charities Act 2011, one PCC member was paid £120 under a contract for musical services in 2023 (2022: £60).”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Kensington And Chelsea

Income and spending

Financial year endIncomeSpending
31/12/2024£332k£316k
31/12/2023£304k£356k
31/12/2022£334k£218k
31/12/2021£245k£195k
31/12/2020£210k£240k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILIP, EARLS COURT ROAD, LONDON financially healthy?

The accounts state that unrestricted income was £272,055 and unrestricted expenditure was £252,015, resulting in a surplus of £20,040 for the year. The unrestricted fund balance at the end of the year was £303,939, which the Treasurer notes is above the target minimum reserve level of £100,000 set for 2023. Its FY2023 accounts were independently examined.

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