WORKING FUNDS IN CONNECTION WITH ST NICHOLAS CHURCH

Registered charity 243929 · accounts filings on the Charity Commission register

Administration of the Parish of St. Nicholas, Compton

Causes: Education/training · Religious Activities · Get email alerts

Latest income
£75k
Latest spending
£84k
Registered
1967
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Collections and donations (84% of income)
The receipts included £63,049 (2023 - £60,981) from collections and donations — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Surrey

Income and spending

Financial year endIncomeSpending
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.