CHIPS (CHRISTIAN INTERNATIONAL PEACE SERVICE)
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a surplus of £20,328, increasing total reserves to £61,276. However, unrestricted reserves of £34,296 were below the trustees' stated policy target of three months' expenditure (£38,577). The trustees expressed confidence that the financial position would improve in the next financial year.
What the accounts disclose
“At the end of 2023/2024 this sat at £38,577, with the year-end unrestricted reserves sitting below this limit at £34,296.”
Register events
- Received assets from another charity (05/01/2024)
Trustees
- Neville William Jephcotechair
- Bilen Ainealem
- Elise Bethany Belcher
- Rebekah Rice
- Sarah Elisabeth Wharton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £271k | £237k |
| 31/03/2024 | £242k | £221k |
| 31/03/2023 | £159k | £145k |
| 31/03/2022 | £144k | £197k |
| 31/03/2021 | £282k | £252k |
Common questions
Is CHIPS (CHRISTIAN INTERNATIONAL PEACE SERVICE) financially healthy?
The accounts state that the charity achieved a surplus of £20,328, increasing total reserves to £61,276. However, unrestricted reserves of £34,296 were below the trustees' stated policy target of three months' expenditure (£38,577). The trustees expressed confidence that the financial position would improve in the next financial year. Its FY2024 accounts were independently examined.
Who funds CHIPS (CHRISTIAN INTERNATIONAL PEACE SERVICE)?
Funders whose own accounts filings name CHIPS (CHRISTIAN INTERNATIONAL PEACE SERVICE) as a grant recipient include THE CHILDHOOD TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE CHILDHOOD TRUST | FY2024 | £6k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JERUSALEM TRUST | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST. MICHAEL AND ALL ANGELS WESTCLIFF | 1 | £2k |