CALVARY CHAPEL WOOLACOMBE LIMITED

Registered charity 1106397 · accounts filings on the Charity Commission register

Christian Church

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Latest income
£37k
Latest spending
£41k
Registered
2004
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £5k; policy: three months of unrestricted expenditure)
The reserves currently don’t match the level of 3 months expenditure. — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Jason Thorpe received £18,000 remuneration in his capacity as pastor.
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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
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.