THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PARBOLD, CHRIST CHURCH
Latest income
£123k
Latest spending
£115k
Registered
2018
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that total expenditure of £106,852 exceeded total income of £105,224, resulting in a decrease in funds of £1,628 for the year. The trustees note a predicted shortfall for 2024 due to reduced congregations and increased costs, indicating a dependency on continued regular giving and scrutiny of expenses to maintain financial stability.
What the accounts disclose
Reserves policy: three months of general running costs plus one month’s salary costs and redundancy liabilities for paid employees (held: £25k)
“It is the PCC policy to maintain a reserve balance on unrestricted funds which equates to 3 month’s general running costs plus one month’s salary costs and redundancy liabilities for paid employees. This was reviewed in November 2023 and remains at £25000” — page 3
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“For 2024, we are again predicting a shortfall due to reduced congregations and increased costs. We are still trying to encourage our regular giving. The PCC is aware and is working with the Diocese and will closely scrutinise all expenses during the year to try to minimise the problem.” — page 3
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- Rev SUSAN KATHERINE TIMMINSchair
- DEREK JOHN ASHCROFT
- David Robert Green
- Geoff Birchmore
- Jayne Jenks
- Jean Berry
- John Worsley
- Jonathan Wentworth Hickling
- Katy Calderbank
- LINDA MURIEL MILNE
- May Dorothy Blake
- Rachael Vanstone
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £123k | £115k |
| 31/12/2024 | £103k | £106k |
| 31/12/2023 | £105k | £107k |
| 31/12/2022 | £93k | £103k |
| 31/12/2021 | £93k | £103k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PARBOLD, CHRIST CHURCH financially healthy?
The accounts state that total expenditure of £106,852 exceeded total income of £105,224, resulting in a decrease in funds of £1,628 for the year. The trustees note a predicted shortfall for 2024 due to reduced congregations and increased costs, indicating a dependency on continued regular giving and scrutiny of expenses to maintain financial stability.
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