THE PAROCHIAL CHURCH COUNCIL THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, THE LACE MARKET, NOTTINGHAM
Religion - Church
Latest income
£514k
Latest spending
£519k
Registered
2018
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £4,535 for the year, with total income of £513,984 against expenditure of £518,519. Per the trustees' report, unrestricted reserves at year-end were £923,531, which exceeds the stated policy target of £127,500.
What the accounts disclose
Reserves policy: three months of unrestricted payments (equivalent to £127,500) (held: £924k)
“It is the policy of the PCC to maintain a balance on unrestricted reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £127,500” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£514k
Total spending
£519k
Cost of raising funds
£3k
Reserves (reported)
£235k
Employees
6
Trustees
- Rev Dr James Benedict John Saunderschair
- Ashley Matthew James Page
- BETHAN MITCHELL
- Chigozie Nwachukwu
- Christopher Neep
- Dr Elizabeth Jean Hammonds
- Dr Rachel Elizabeth Fisken
- Edward William Mills
- Elizabeth Jane Ridley
- Godfred Osei Kwarteng
- Hannah Rednall
- JONATHAN EDWARD STORK
- Madeleine Janet Mason
- Martyn James Jewers
- Nicholas Henry Turner
- Richard Gutteridge
- Ruth Lindstrom
- Samantha Cousens
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £514k | £519k |
| 31/12/2023 | £595k | £594k |
| 31/12/2022 | £251k | £305k |
| 31/12/2021 | £338k | £365k |
| 31/12/2020 | £176k | £246k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, THE LACE MARKET, NOTTINGHAM financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure deficit of £4,535 for the year, with total income of £513,984 against expenditure of £518,519. Per the trustees' report, unrestricted reserves at year-end were £923,531, which exceeds the stated policy target of £127,500. Its FY2024 accounts were independently examined.