THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CUTHBERT WITH ST MATTHIAS EARL'S COURT
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a net deficit of £69,944 for the year ended 31 December 2024, resulting in unrestricted funds falling into a deficit of £19,731. Per the trustees' report, unrestricted cash reserves stood at £8,329, which is below the stated policy target of £50,000. The trustees remain confident that ongoing obligations can be met and the general fund restored in the coming year.
What the accounts disclose
“As at year ended 31 December 2024, unrestricted cash stood at £8,329, falling short of the target.”
“Total donations made to the charity by members of the PCC during the year ended 31 December 2024 amounted to £10,698.” — page 7
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → no going-concern doubt (FY2024).
Trustees
- Rev Paul Andrew Bagottchair
- Bill Troop
- David Trodden
- Dr Alice Parshall
- Dr Brian Edward Parsons
- Dr Nicholas Jackson Brett Green
- Estella Gomez
- Gladys Nicholas
- Paul David Scutt
- Peter Costello
- Robert Andrew Drake
- Timothy Atkinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £231k | £301k |
| 31/12/2023 | £224k | £224k |
| 31/12/2022 | £173k | £173k |
| 31/12/2021 | £189k | £161k |
| 31/12/2020 | £193k | £214k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CUTHBERT WITH ST MATTHIAS EARL'S COURT financially healthy?
The accounts state that the charity recorded a net deficit of £69,944 for the year ended 31 December 2024, resulting in unrestricted funds falling into a deficit of £19,731. Per the trustees' report, unrestricted cash reserves stood at £8,329, which is below the stated policy target of £50,000. The trustees remain confident that ongoing obligations can be met and the general fund restored in the coming year. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RICHMOND CHURCH CHARITY ESTATES | 1 | £446k |
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