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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, WIMBLEDON

Registered charity 1203586 · accounts filings on the Charity Commission register · also known as ST ANDREW'S PCC, WIMBLEDON

Latest income
£194k
Latest spending
£195k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds increased by £593 to £728,071, with unrestricted cash held at £62,101. This cash balance is in excess of the charity's stated reserves policy target of £30,000 (three months' operating costs). The trustees report that while reserves are currently above the minimum, they expect them to reduce during 2025 and 2026 as fabric redevelopment work accelerates.

What the accounts disclose

Reserves policy: three months' operating costs, which are currently around £10,000 per month, i.e. £30,000 (held: £62k)
“requires the charity to hold unrestricted cash equal to at least three months’ operating costs, which are currently around £10,000 per month, i.e. £30,000.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to EliteSkill Limited
“£816 (2023: £4,500) was paid to to EliteSkill Limited for repairs and improvements to the church properties. Ronnie Baba, who is a member of the PCC is a a director and shareholder of EliteSkill Limited.” — page 22
“donations totalling £6,742 (2023: £5,196) were paid during the year to Camp XL, registered charity number 1112693, of which Jeremy Smith, a member of the PCC, is a trustee.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Camp XL
“£816 (2023: £4,500) was paid to to EliteSkill Limited for repairs and improvements to the church properties. Ronnie Baba, who is a member of the PCC is a a director and shareholder of EliteSkill Limited.” — page 22
“donations totalling £6,742 (2023: £5,196) were paid during the year to Camp XL, registered charity number 1112693, of which Jeremy Smith, a member of the PCC, is a trustee.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Merton

Income and spending

Financial year endIncomeSpending
31/12/2024£194k£195k
31/12/2023£145k£109k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, WIMBLEDON financially healthy?

The accounts state that total funds increased by £593 to £728,071, with unrestricted cash held at £62,101. This cash balance is in excess of the charity's stated reserves policy target of £30,000 (three months' operating costs). The trustees report that while reserves are currently above the minimum, they expect them to reduce during 2025 and 2026 as fabric redevelopment work accelerates. Its FY2024 accounts were independently examined.

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