GROVE CHAPEL
Regular public services of worship each and every Sunday (morning and evening)Mid-week prayer meetingSunday School and mid-week activity meetings for toddlers, children, young people and older persons from the church and neighbourhoodSupporting Christian missionary and compassionate activity in the UK and overseas.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £52,432 for the year, a significant shift from the previous year's net income, largely due to the absence of a one-off legacy gift. Despite this deficit, unrestricted free cash reserves stood at £375,338, which exceeds the trustees' stated policy target of six months' worth of unrestricted annual expenditure. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees consider that unrestricted free cash reserves should be maintained at six months-worth of unrestricted annual expenditure” — page 5
“A total of £8,575 (2023: £4,293) was reimbursed to the trustees and their close relations for catering supplies, cleaning supplies, repairs and maintenance, website fees, purchase of small equipment and Youth Ministry costs.”
“During the year trustees gave a total of £43,909 (2023: £48,249) in unrestricted offerings and donations and a total of £nil in restricted offerings (2023: £nil).” — page 14
“A total of £8,575 (2023: £4,293) was reimbursed to the trustees and their close relations for catering supplies, cleaning supplies, repairs and maintenance, website fees, purchase of small equipment and Youth Ministry costs.”
“During the year trustees gave a total of £43,909 (2023: £48,249) in unrestricted offerings and donations and a total of £nil in restricted offerings (2023: £nil).” — page 14
Property (HM Land Registry)
Register events
- Received assets from another charity (20/07/2015)
Trustees
- REUEL ABRAMSchair
- DAVID ARTHUR
- John Fyfe Russell
- Peter Andrew Young
- Ralph Dew
- SIMON WATSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £164k | £216k |
| 31/12/2023 | £282k | £132k |
| 31/12/2022 | £155k | £156k |
| 31/12/2021 | £172k | £154k |
| 31/12/2020 | £171k | £154k |
Common questions
Is GROVE CHAPEL financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £52,432 for the year, a significant shift from the previous year's net income, largely due to the absence of a one-off legacy gift. Despite this deficit, unrestricted free cash reserves stood at £375,338, which exceeds the trustees' stated policy target of six months' worth of unrestricted annual expenditure. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CO-MISSION INITIATIVE TRUST | 1 | £628k |
| BASINGSTOKE COMMUNITY CHURCHES | 1 | £0 |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, GROVE
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, GROVE PARK, CHISWICK W4
- GROVE HILL EVANGELICAL CHURCH
- WESTBOURNE GROVE CHURCH
- Grace Church Beckenham
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GOLDERS GREEN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GROVE CHAPEL | £164k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, GROVE | £221k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, GROVE PARK, CHISWICK W4 | £145k | — | 0 | unclear | — | no doubt |
| GROVE HILL EVANGELICAL CHURCH | £154k | — | 0 | above | — | no doubt |
| WESTBOURNE GROVE CHURCH | £459k | — | 0 | unclear | — | no doubt |
| Grace Church Beckenham | £140k | — | 0 | above | — | no doubt |