CALVARY CHAPEL SOUTHAMPTON LIMITED
Christian Church
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a surplus, increasing its unrestricted funds to £30,898. The trustees report that sufficient funding is secured to continue operations, with cash held significantly above the stated reserves policy target. The charity is currently structured as a limited company and plans to convert to a CIO in the near future.
What the accounts disclose
“Total income for the year 2024 was £37,034 of which £36,051 was from free-will offerings” — page 5
“Reserves sufficient to cover up to 6 months of essential expenditure are required to be available as a liquid asset at all times. This figure is regularly reviewed by Trustees and is currently set at £15,000.” — page 6
“By provision of the charity's Governing Document, in his capacity as pastor, S. Lawrenson was remunerated £13,800 with £328 in personal expenses” — page 19
“Income from donations and legacies include £6,100 received from Trustees and Related Parties” — page 24
“By provision of the charity's Governing Document, in his capacity as pastor, S. Lawrenson was remunerated £13,800 with £328 in personal expenses” — page 19
“Income from donations and legacies include £6,100 received from Trustees and Related Parties” — page 24
“By provision of the charity's Governing Document, in his capacity as pastor, S. Lawrenson was remunerated £13,800 with £328 in personal expenses” — page 19
Trustees
- SIMON LAWRENSONchair
- ANDREW JOHN MULCASTER
- Joseph Connelly
- Norma Diaper
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £37k | £33k |
| 31/12/2023 | £32k | £42k |
| 31/12/2022 | £30k | £28k |
| 31/12/2021 | £33k | £22k |
| 31/12/2020 | £31k | £24k |
Common questions
Is CALVARY CHAPEL SOUTHAMPTON LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a surplus, increasing its unrestricted funds to £30,898. The trustees report that sufficient funding is secured to continue operations, with cash held significantly above the stated reserves policy target. The charity is currently structured as a limited company and plans to convert to a CIO in the near future. Its FY2024 accounts were independently examined.