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

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY WALBERTON

Registered charity 1175197 · accounts filings on the Charity Commission register · also known as PCC OF ST MARY'S, WALBERTON, ST MARY'S, WALBERTON, WALBERTON PCC

Latest income
£207k
Latest spending
£160k
Registered
2017
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net deficit of £5,395 for the year ended 31 December 2023, resulting in a decrease in total net assets from £32,939 to £27,544. The trustees note that the current account balance of just over £1,000 provides very little contingency, although £25,684 is held in a deposit fund. The closing unrestricted balance of £1,205 does not meet the stated policy target of holding reserves equivalent to two or three months of unrestricted payments.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The closing balance of £1205 at Nat West at the end of 2023 does not meet this criteria.”
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“our current account balance (just over £1,000 at year end) meant we have very little in the way of contingency.”
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: West Sussex

Income and spending

Financial year endIncomeSpending
31/12/2024£207k£160k
31/12/2023£113k£119k
31/12/2022£158k£160k
31/12/2021£121k£133k
31/12/2020£99k£104k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY WALBERTON financially healthy?

The accounts state that the charity reported a net deficit of £5,395 for the year ended 31 December 2023, resulting in a decrease in total net assets from £32,939 to £27,544. The trustees note that the current account balance of just over £1,000 provides very little contingency, although £25,684 is held in a deposit fund. The closing unrestricted balance of £1,205 does not meet the stated policy target of holding reserves equivalent to two or three months of unrestricted payments. Its FY2023 accounts were independently examined.

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