THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HUNTINGDON
Financial health, per its FY2022 accounts
The accounts state that the parish incurred a net expenditure of £162,115 for the year, which was funded from reserves, resulting in a decrease in total funds from £1,047,874 to £885,759. The trustees note that finance remains a significant challenge due to inflationary pressures and the cost-of-living crisis, but confirm that resources are adequate to continue operations. The parish holds unrestricted reserves of £861,188, which exceeds the stated policy target of six months of expenditure.
What the accounts disclose
“It is the policy of the PCC to maintain a balance in reserves that equates to at least 6 months expenditure to cover emergency situations that may arise from time to time.”
Register events
- Received assets from another charity (08/03/2023)
Trustees
- Asha Lockwood
- Gillian Kathleen Avery
- Rev Janice Smith
- Rev Leo Ososa Orobor
- Stephanie Cleopatra Waldron
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £219k | £246k |
| 31/12/2023 | £219k | £385k |
| 31/12/2022 | £196k | £242k |
| 31/12/2021 | £194k | £217k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HUNTINGDON financially healthy?
The accounts state that the parish incurred a net expenditure of £162,115 for the year, which was funded from reserves, resulting in a decrease in total funds from £1,047,874 to £885,759. The trustees note that finance remains a significant challenge due to inflationary pressures and the cost-of-living crisis, but confirm that resources are adequate to continue operations. The parish holds unrestricted reserves of £861,188, which exceeds the stated policy target of six months of expenditure. Its FY2022 accounts were independently examined.
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