THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS AND ST LUKE DEPTFORD
The PCC continues to work in promoting the whole mission of the Church of England, pastoral, evangelistic, social and ecumenical, within the Ecclesiastical Parish of St Nicholas and St Luke, Deptford.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £7,248 for the year, driven by unrestricted expenditure exceeding income, although this was partially offset by net gains on investments. Free reserves stood at £25,694, which the trustees note equates to more than 24 months' expenditure, significantly exceeding their policy target of three months. The charity maintains adequate resources to continue operating as a going concern.
What the accounts disclose
“The PCC's policy is to retain at least 3 months' expenditure as free reserves, to meet future shortfalls in income or unexpected expenditure.” — page 5
“During the year, sums totalling £2,292 were paid to Pauline Watkins, a member of the PCC for opening and closing the church gates as well as cleaning the church building.” — page 13
“paid £2,292 to Pauline Watkins, a member of the PCC, for services provided in opening and closing the church gates, as well as some cleaning.” — page 16
“Ashley Watkins, who is a close family member of PCC member Pauline Watkins was paid £200 for carrying out painting and decorating work.” — page 16
“paid £2,292 to Pauline Watkins, a member of the PCC, for services provided in opening and closing the church gates, as well as some cleaning.” — page 16
“Ashley Watkins, who is a close family member of PCC member Pauline Watkins was paid £200 for carrying out painting and decorating work.” — page 16
Trustees
- Azuka Egboh
- COLIN MOSS
- Chloe Evans
- Dawn Branker
- Emmanuel Epelle
- Jennifer Morgan
- John Fagbohun
- Louisa Jillian Victoria White
- Marcia Palmer
- Nick Uche Alim
- Pauline Watkins
- Rev Jane Margaret Petrie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £44k | £70k |
| 31/12/2023 | £46k | £62k |
| 31/12/2022 | £42k | £58k |
| 31/12/2021 | £45k | £63k |
| 31/12/2020 | £40k | £60k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS AND ST LUKE DEPTFORD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £7,248 for the year, driven by unrestricted expenditure exceeding income, although this was partially offset by net gains on investments. Free reserves stood at £25,694, which the trustees note equates to more than 24 months' expenditure, significantly exceeding their policy target of three months. The charity maintains adequate resources to continue operating as a going concern. Its FY2024 accounts were independently examined.