PAROCHIAL CHURCH COUNCIL OF ST. MARGARET'S, SOUTHSEA
Promoting in the ecclesiastical parish the whole mission of the Church.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved financial stability with total income of £336,000 and expenditure of £256,000, resulting in a net surplus of £80,000. Unrestricted reserves increased significantly to £107,262 (general and designated funds combined), while the charity faces a specific risk regarding the potential failure of the church roof, for which repairs are planned for 2025.
What the accounts disclose
“During the year, we were able to continue to set aside a reserve ensuring sufficient financial resources are Protected to cover any costs should any unforeseen circumstances occur that result in restricting the ability to operate.” — page 5
Trustees
- Andrew Malbon
- Helen Malbon
- Howard Jones
- Laura Preston
- Lynne Harvey
- Raymond Smith
- Stephen Hayward
- Thomas Rayner
- Wendy Britnell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £316k | £306k |
| 31/12/2024 | £336k | £256k |
| 31/12/2023 | £268k | £222k |
| 31/12/2022 | £204k | £179k |
| 31/12/2021 | £174k | £196k |
Common questions
Is PAROCHIAL CHURCH COUNCIL OF ST. MARGARET'S, SOUTHSEA financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved financial stability with total income of £336,000 and expenditure of £256,000, resulting in a net surplus of £80,000. Unrestricted reserves increased significantly to £107,262 (general and designated funds combined), while the charity faces a specific risk regarding the potential failure of the church roof, for which repairs are planned for 2025. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/05/2024 | £20k | St Margaret's Community Church roof replacement with PV solar panels inc. |