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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GORLESTON ST MARY MAGDALENE

Registered charity 1207772 · accounts filings on the Charity Commission register · also known as ST MARY MAGDALENE, GORLESTON

Latest income
£209k
Latest spending
£226k
Registered
2024
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds increased by £7,174 to £23,829 at the end of the year, following a transfer of £13,346 from restricted funds to cover a £6,172 deficit on unrestricted operations. The charity maintains a designated reserves policy of approximately £5,000, which is held within its unrestricted funds, and total net assets stood at £107,300.

What the accounts disclose

Reserves policy: three months unrestricted payments (held: £24k)
“It is PCC policy to maintain a designated reserves funds which equates to at least three months unrestricted payments. This is equivalent to approximately £5,000.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Trustees

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

Operates in: Norfolk

Income and spending

Financial year endIncomeSpending
31/12/2024£209k£226k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GORLESTON ST MARY MAGDALENE financially healthy?

The accounts state that unrestricted funds increased by £7,174 to £23,829 at the end of the year, following a transfer of £13,346 from restricted funds to cover a £6,172 deficit on unrestricted operations. The charity maintains a designated reserves policy of approximately £5,000, which is held within its unrestricted funds, and total net assets stood at £107,300.

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