MILL HILL CHAPEL TRUST
We are a Unitarian Chapel providing Christian free thinkers with a place to worship.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £106,069 for the year, resulting in a decrease in total net assets from £491,840 to £385,771. Per the trustees' report, free reserves excluding fixed assets stood at £342,734 at year-end, though no specific quantitative reserves policy target is stated. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“The charity does not have a reserves policy which quantifies a level of reserves to be maintained other than that an appropriate level of free reserves are maintained.” — page 4
“During the year 3 trustees were paid a total of £236 in respect of attendance at a conference and travel (previous year: £nil).” — page 13
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £48k | £178k |
| 30/04/2024 | £72k | £177k |
| 30/04/2023 | £72k | £149k |
| 30/04/2022 | £64k | £138k |
| 30/04/2021 | £51k | £130k |
Common questions
Is MILL HILL CHAPEL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £106,069 for the year, resulting in a decrease in total net assets from £491,840 to £385,771. Per the trustees' report, free reserves excluding fixed assets stood at £342,734 at year-end, though no specific quantitative reserves policy target is stated. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue. Its FY2025 accounts were independently examined.