THE PAROCHIAL CHARITY
For inhabitants of the Parish of Smisby:a. Relief of the aged and poor and of distress and sicknessb. To improve the conditions of life for the inhabitants in regard to social welfare, recreation and leisure occupationc. Provision and support of educational facilities
Objects
FOR CHARITABLE PURPOSES FOR THE GENERAL BENEFIT OF THE INHABITANTS OF THE PARISH OF SMISBY FOR WHICH PROVISION IS NOT MADE OUT OF RATES TAXES OR OTHER PUBLIC FUNDS IN ONE OR MORE OF THE FOLLOWING WAYS: (A) THE RELIEF OF THE AGED, IMPOTENT AND POOR; (B) THE RELIEF OF DISTRESS AND SICKNESS; (C) THE PROVISION AND SUPPORT WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS IN THE INTERESTS OF SOCIAL WELFARE OF FACILITIES FOR RECREATION AND OTHER LEISURE-TIME OCCUPATION; (D) THE PROVISION AND SUPPORT OF EDUCATIONAL FACILITIES. (FOR FURTHER DETAILS SEE SCHEME)
Financial health, per its FY2025 accounts
The accounts state that the charity's general funds are in a deficit of £26,853 as of 31 March 2025, a significant decrease from the previous year's surplus. However, total net assets remain strong at £3,095,922, supported by endowment funds of £3,122,775 and investment holdings valued at over £2.2 million. The trustees consider the general fund deficit to be short-term and note that investment values have increased since the year-end.
What the accounts disclose
“these funds saw a significant decrease from £9,725 at the start of the year to a deficit of (£26,853) at 31 March 2025.” — page 6
“The Charity Commission has referred our application to their regulatory authority team to address structural issues identified within our founding documents.” — page 4
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
- Elizabeth Anne Sturgess
- Gemma Dickens
- Paul Cooper
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £48k | £42k |
| 31/03/2024 | £47k | £27k |
| 31/03/2023 | £22k | £32k |
| 31/03/2022 | £23k | £20k |
| 31/03/2021 | £25k | £16k |
Common questions
Is THE PAROCHIAL CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity's general funds are in a deficit of £26,853 as of 31 March 2025, a significant decrease from the previous year's surplus. However, total net assets remain strong at £3,095,922, supported by endowment funds of £3,122,775 and investment holdings valued at over £2.2 million. The trustees consider the general fund deficit to be short-term and note that investment values have increased since the year-end. Its FY2025 accounts were independently examined.