Eternal Wall of Answered Prayer
Financial health, per its FY2022 accounts
The accounts state that total income decreased to £1,574,434 from £2,984,251 in the prior year, while expenditure fell to £619,229. The charity holds total reserves of £3,368,681, though free/unrestricted reserves are low at £22,755, with the trustees noting that no specific policy target can be assigned as funds are directed to the project.
What the accounts disclose
“The trustees have reviewed the level of required reserves and have concluded that due to the nature of this project and the implementation stage which the charity is in, no value can be assigned to the required level as all current and future funds are being used for the project.” — page 5
“Payments were made to RS & SG Gamble Consulting, which is a business part owned by Richard Gamble, in respect of consultancy services supplied to the charity, of £82,398 (2021 £76,718)” — page 32
“Payments were made to Burning Plough Ltd, which is a company in which David Silber owns 50% of the issued share capital and supplied management services, communication services and fundraising services to the charity, of £39,039 (2021 £44,919).” — page 32
“Payments were made to RS & SG Gamble Consulting, which is a business part owned by Richard Gamble, in respect of consultancy services supplied to the charity, of £82,398 (2021 £76,718)” — page 32
“Payments were made to Burning Plough Ltd, which is a company in which David Silber owns 50% of the issued share capital and supplied management services, communication services and fundraising services to the charity, of £39,039 (2021 £44,919).” — page 32
“Payments were made to RS & SG Gamble Consulting, which is a business part owned by Richard Gamble, in respect of consultancy services supplied to the charity, of £82,398 (2021 £76,718)” — page 32
“Payments were made to Burning Plough Ltd, which is a company in which David Silber owns 50% of the issued share capital and supplied management services, communication services and fundraising services to the charity, of £39,039 (2021 £44,919).” — page 32
“Payments were made to RS & SG Gamble Consulting, which is a business part owned by Richard Gamble, in respect of consultancy services supplied to the charity, of £82,398 (2021 £76,718)” — page 32
“Payments were made to Burning Plough Ltd, which is a company in which David Silber owns 50% of the issued share capital and supplied management services, communication services and fundraising services to the charity, of £39,039 (2021 £44,919).” — page 32
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Gary Paul Spicer
- Gavin Stuart Kibble MBE
- Gemma Hunt
- Joshua Spicer
- Paul James Turner
- Paul Manwaring
- Richard Lewis Molloy
- Richard Roderick Davis
- Steven Robert Allen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.5m | £1.6m |
| 31/12/2023 | £2.6m | £2.4m |
| 31/12/2022 | £1.6m | £619k |
| 31/12/2021 | £3.0m | £677k |
| 31/12/2020 | £441k | £483k |
Common questions
Is Eternal Wall of Answered Prayer financially healthy?
The accounts state that total income decreased to £1,574,434 from £2,984,251 in the prior year, while expenditure fell to £619,229. The charity holds total reserves of £3,368,681, though free/unrestricted reserves are low at £22,755, with the trustees noting that no specific policy target can be assigned as funds are directed to the project. Its FY2022 accounts were audited by Dains Audit Limited.
Who funds Eternal Wall of Answered Prayer?
Funders whose own accounts filings name Eternal Wall of Answered Prayer as a grant recipient include IMAGINE THE DAY LIMITED, THE JERUSALEM TRUST, THE GRANT FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RUDDINGTON.
Known funders
| Funder | Year | Amount |
|---|---|---|
| IMAGINE THE DAY LIMITED | FY2024 | £2.6m |
| IMAGINE THE DAY LIMITED | FY2022 | £1.1m |
| IMAGINE THE DAY LIMITED | FY2021 | £600k |
| THE JERUSALEM TRUST | FY2025 | £500k |
| IMAGINE THE DAY LIMITED | FY2023 | £491k |
| THE GRANT FOUNDATION | FY2022 | £25k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RUDDINGTON | FY2022 | £960 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DUMBRECK CHARITY | 1 | £500 |