BEECHWOOD CHAPEL
Beechwood Chapel is a church which aims to enable and encourage as many people as possible from the locality and further afield to worship together and fellowship together as part of the active community is facilitates. Alongside the Sunday meetings there are kids groups, home groups, fall prevention classes, tots mornings and further pastoral and practical care given to the local community
Financial health, per its FY2024 accounts
The accounts state that total receipts were £64,461 against total payments of £64,696, resulting in a slight deficit for the year. Unrestricted reserves stood at £14,382, which the trustees confirm meets their policy target of maintaining funds equivalent to one to three months of essential liabilities.
What the accounts disclose
“Jonathan Norwood served as a church leader and was paid £33,820 including pension contributions (2023: £29,213) for serving in that capacity, not for serving as a trustee.” — page 10
“It is the policy of the Chapel to maintain a balance on unrestricted funds which allows for essential liabilities (such as salaries/building maintenance etc) to be met for between one and three months. This is equivalent to £5,000-£15,000.” — page 6
“Jonathan Norwood served as a church leader and was paid £33,820 including pension contributions (2023: £29,213) for serving in that capacity, not for serving as a trustee. These payments are permitted by the charity's governing document.” — page 10
Property (HM Land Registry)
Trustees
- ROB SMARTchair
- Amy Peters
- Daniel Thomas
- Jon Norwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £64k | £65k |
| 31/12/2023 | £70k | £72k |
| 31/12/2022 | £55k | £60k |
| 31/12/2021 | £52k | £51k |
| 31/12/2020 | £44k | £46k |
Common questions
Is BEECHWOOD CHAPEL financially healthy?
Per its FY2024 accounts: The accounts state that total receipts were £64,461 against total payments of £64,696, resulting in a slight deficit for the year. Unrestricted reserves stood at £14,382, which the trustees confirm meets their policy target of maintaining funds equivalent to one to three months of essential liabilities. Its FY2024 accounts were independently examined.
What does the highest-paid employee of BEECHWOOD CHAPEL earn?
Per its FY2024 accounts, the highest-paid employee was in the £30,001 - £40,000 band.