THE CHALICE WELL TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £504,649 for the year ended 31 March 2024, driven largely by one-off legacy income. Free unrestricted reserves increased significantly to £1,133,391, which the trustees confirm are within their stated target range of £850,000 to £1,250,000. The trustees and auditors both confirm that the charity has adequate resources to continue as a going concern.
What the accounts disclose
“These four reserve elements total target reserves of between £850,000 and £1,250,000 and current reserves are within this desired range.” — page 7
“Trustee payments for services Sophie Knock (Trustee) provided professional training services directly to the Trust totalling £800 (2023: £800). Tom Bree (Trustee) provided professional event related services directly to the Trust totalling £625 (2023: £450).”
“Payments made to Trustees and Key Management Personnel of The Chalice Well Trust for goods and services provided to the subsidiary at an arms-length basis: Sophie Knock (Trustee of The Chalice Well Trust and Director of Chalice Well Bookshop Limited) - Essences £3,042 (2023: £3,876) Lynne Sedgemoor (Trustee of The Chalice Well Trust and Director of Chalice Well Bookshop Limited) - Books £64 (2023: £nil) Tom Bree (Trustee of The Chalice Well Trust) - Books £1,377 (2023: £Nil) Steve Hawkins (Key management personnel) - Woodturning products £636 (2023: £149) Jo Laxton (Trustee of The Chalice Well Trust, Chalice Well Legacy Trust) - Stained Glass products £325 (2023: £Nil).” — page 38
“Trustee payments for services Sophie Knock (Trustee) provided professional training services directly to the Trust totalling £800 (2023: £800). Tom Bree (Trustee) provided professional event related services directly to the Trust totalling £625 (2023: £450).”
“Payments made to Trustees and Key Management Personnel of The Chalice Well Trust for goods and services provided to the subsidiary at an arms-length basis: Sophie Knock (Trustee of The Chalice Well Trust and Director of Chalice Well Bookshop Limited) - Essences £3,042 (2023: £3,876) Lynne Sedgemoor (Trustee of The Chalice Well Trust and Director of Chalice Well Bookshop Limited) - Books £64 (2023: £nil) Tom Bree (Trustee of The Chalice Well Trust) - Books £1,377 (2023: £Nil) Steve Hawkins (Key management personnel) - Woodturning products £636 (2023: £149) Jo Laxton (Trustee of The Chalice Well Trust, Chalice Well Legacy Trust) - Stained Glass products £325 (2023: £Nil).” — page 38
“The Chalice Well Trust has a wholly owned subsidiary; Chalice Well Bookshop Limited, which undertakes trading activities and passes it’s profits to the Trust by means of contributions to overhead expenses and Gift Aid.” — page 14
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (08/01/2026)
Trustees
- Alison Scobie
- Jacqueline Wright
- James Frances Lunney
- John Henry Capper
- Marion van Eupen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.3m |
| 31/03/2024 | £830k | £613k |
| 31/03/2023 | £529k | £452k |
| 31/03/2022 | £489k | £466k |
| 31/03/2021 | £278k | £387k |
Common questions
Is THE CHALICE WELL TRUST financially healthy?
The accounts state that the charity reported a net surplus of £504,649 for the year ended 31 March 2024, driven largely by one-off legacy income. Free unrestricted reserves increased significantly to £1,133,391, which the trustees confirm are within their stated target range of £850,000 to £1,250,000. The trustees and auditors both confirm that the charity has adequate resources to continue as a going concern. Its FY2024 accounts were audited by Burton Sweet Limited.