THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PAUL , OADBY
Financial health, per its FY2024 accounts
The accounts state that total funds decreased from £373,054 to £368,846 due to a net expenditure exceeding income by £4,207. The trustees report that finances are in good shape for the next 12 months and there are no fund deficits. Unrestricted reserves stand at £30,239, which is below the stated policy target of covering six months of operational costs.
What the accounts disclose
“It is the PCC's policy to maintain adequate cash reserves within the general and designated funds each year to cover operational costs for on-going gross salaries and essential running costs as well as allowing for necessary repairs and replacement of equipment used by the church for 6 months.” — page 5
Trustees
- Rev Stephen Andrew Baileychair
- Alan John Penter
- Alireza Jalalian
- Bahar Mir Rahimi
- Bryan James Philpott
- Byaruhanga Asiimwe
- Catherine Mary Potter
- Dr Jerry Abraham Raju
- Dr Noel Wyn Davies
- Dr Vanthana Rupamathy Jayarat
- Graham Stephen Neville
- Margaret Barnes-Davies
- Susan Penter
- Teresa Jane Webster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £150k | £154k |
| 31/12/2023 | £175k | £141k |
| 31/12/2022 | £125k | £140k |
| 31/12/2021 | £108k | £101k |
| 31/12/2020 | £128k | £121k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PAUL , OADBY financially healthy?
The accounts state that total funds decreased from £373,054 to £368,846 due to a net expenditure exceeding income by £4,207. The trustees report that finances are in good shape for the next 12 months and there are no fund deficits. Unrestricted reserves stand at £30,239, which is below the stated policy target of covering six months of operational costs. Its FY2024 accounts were independently examined.
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