WORKING FUNDS IN CONNECTION WITH ST NICHOLAS CHURCH
Administration of the Parish of St. Nicholas, Compton
Financial health, per its FY2024 accounts
The accounts state that the Parochial Church Council reported a net asset position of £642,776, with unrestricted cash deposits and investments comprising the majority of these assets. Although the general fund recorded a deficit of £9,086 for the year, this was noted as a considerable improvement over the budgeted result and the previous year's deficit. The trustees consider the overall financial position to be satisfactory.
What the accounts disclose
“The receipts included £63,049 (2023 - £60,981) from collections and donations” — page 5
Trustees
- Carolyn Mary du Pon
- David Charles Hunt
- David Christopher Murrell
- Jill Elizabeth Eyles
- Linda Jean Chastell
- Michael Douglas Winterbotham
- ROBERT JAMES COOLES
- ROSALIND LAWSON
- Rev Sally Elizabeth Buddle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £75k | £84k |
| 31/12/2023 | £69k | £78k |
| 31/12/2022 | £63k | £51k |
| 31/12/2021 | £68k | £50k |
| 31/12/2020 | £75k | £76k |
Common questions
Is WORKING FUNDS IN CONNECTION WITH ST NICHOLAS CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the Parochial Church Council reported a net asset position of £642,776, with unrestricted cash deposits and investments comprising the majority of these assets. Although the general fund recorded a deficit of £9,086 for the year, this was noted as a considerable improvement over the budgeted result and the previous year's deficit. The trustees consider the overall financial position to be satisfactory. Its FY2024 accounts were independently examined.