LIVINGSPRING CHAPEL TRUST
The advancement of the Christian Faith
Objects
(A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN LONDON AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE TRUST.(B) TO RELIEVE PERSONS WHO ARE IN CONDITIONS OF NEED OR HARDSHIP OR WHO ARE AGED OR SICK AND TO RELIEVE THE DISTRESS CAUSED THEREBY IN THE SAID LOCATION AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £2,988 for the year ended 31 March 2025, following a deficit of £4,958 in the previous year. Per the balance sheet, the charity holds unrestricted reserves (accumulated fund) of £49,530, with cash in hand and at bank totaling £47,873. The trustees confirmed that the financial statements were prepared on a going concern basis.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- OLAYINKA OGUNWALEchair
- OLAYINKA OYENEYIN
- Rev FRANKLIN OKUNOWO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £33k | £30k |
| 31/03/2024 | £28k | £33k |
| 31/03/2023 | £37k | £27k |
| 31/03/2022 | £25k | £27k |
| 31/03/2021 | £11k | £2k |
Common questions
Is LIVINGSPRING CHAPEL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £2,988 for the year ended 31 March 2025, following a deficit of £4,958 in the previous year. Per the balance sheet, the charity holds unrestricted reserves (accumulated fund) of £49,530, with cash in hand and at bank totaling £47,873. The trustees confirmed that the financial statements were prepared on a going concern basis. Its FY2025 accounts were independently examined.