CALVARY CHAPEL WOOLACOMBE LIMITED
Christian Church
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £4,949 for the year, resulting in a decrease in total unrestricted funds from £10,352 to £5,403. The trustees note that current reserves are minimal and do not match their stated policy target of three months' expenditure, though they plan to increase them. Despite this, the trustees expressed confidence in the charity's ability to continue operating based on regular donor funding.
What the accounts disclose
“The reserves currently don’t match the level of 3 months expenditure.” — page 4
“By provision of the charity's Governing Document, in his capacity as pastor, J. Thorpe was remunerated £18,000 with nil personal expenses” — page 17
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £37k | £41k |
| 31/03/2024 | £37k | £41k |
| 31/03/2023 | £33k | £39k |
| 31/03/2022 | £37k | £30k |
| 31/03/2021 | £31k | £22k |
Common questions
Is CALVARY CHAPEL WOOLACOMBE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £4,949 for the year, resulting in a decrease in total unrestricted funds from £10,352 to £5,403. The trustees note that current reserves are minimal and do not match their stated policy target of three months' expenditure, though they plan to increase them. Despite this, the trustees expressed confidence in the charity's ability to continue operating based on regular donor funding. Its FY2025 accounts were independently examined.