Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S HORSMONDEN

Registered charity 1188677 · accounts filings on the Charity Commission register · also known as ST MARGARET'S HORSMONDEN PCC

Latest income
£262k
Latest spending
£491k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds decreased significantly from £396,500 to £167,749, driven by a large restricted building project expenditure. The trustees report that unrestricted liquid reserves at year-end equated to approximately 15 months of unrestricted payments, which is well above the stated policy target of three months. The independent examiner confirmed that no matters came to their attention suggesting the PCC failed to keep proper accounting records.

What the accounts disclose

Reserves policy: three months of unrestricted payments (held: £76k)
“It is PCC policy to maintain a balance on liquid unrestricted funds (if possible) which equates to approximately 3 months' unrestricted payments, to cover emergency situations.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/12/2024£262k£491k
31/12/2023£174k£186k
31/12/2022£338k£147k
31/12/2021£98k£71k
31/12/2020£97k£78k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S HORSMONDEN financially healthy?

The accounts state that total funds decreased significantly from £396,500 to £167,749, driven by a large restricted building project expenditure. The trustees report that unrestricted liquid reserves at year-end equated to approximately 15 months of unrestricted payments, which is well above the stated policy target of three months. The independent examiner confirmed that no matters came to their attention suggesting the PCC failed to keep proper accounting records. Its FY2024 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARGARET'S WEST HOATHLY.