THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S, ASPLEY NOTTINGHAM
Calling Nottingham to the Wonder and Way of Jesus
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £27,439 for the year, resulting in a decrease in total funds from £79,471 to £52,032. Unrestricted reserves stood at £33,159, which the trustees note is below their stated policy target of three months' expenditure. The charity remains solvent with net current assets of £40,497 and no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“unrestricted reserves are short of this target by around £3,204” — page 6
Trustees
- RICHARD ATKINSONchair
- Andrew Trevor Pearson
- Carolyn Smith
- Christine Willis
- Daisy Wanjiku Clifford
- Helen Dawn Ballinger
- Ian Louis Martin
- Jonathan Richard Portwood
- Neil Adam Thompson
- Patricia Anne Sands
- Rachel Diana McCash
- Rev Laura Elizabeth Ward
- Shahid Javed
- Tara Spilsbury
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £132k | £159k |
| 31/12/2023 | £237k | £282k |
| 31/12/2022 | £259k | £273k |
| 31/12/2021 | £241k | £235k |
| 31/12/2020 | £258k | £214k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S, ASPLEY NOTTINGHAM financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £27,439 for the year, resulting in a decrease in total funds from £79,471 to £52,032. Unrestricted reserves stood at £33,159, which the trustees note is below their stated policy target of three months' expenditure. The charity remains solvent with net current assets of £40,497 and no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 02/11/2020 | £25k | St Margaret's, Leicester |