WALMER CHAPEL
The charity holds worship services each Sunday at 10.30 am and 6.30 pm, with Sunday school for children. A toddler and carer group is held each week, a cafe on Saturday mornings, ladies meeting, homegroup every Tuesday evening, street evangelism, and there is a midweek Bible study and prayer meeting on Wednesday at 6.30 pm. We also supply food for the local food bank.Details are on the website
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash reserves stood at £52,458.39, which exceeds the trustees' stated policy target of £30,000. Income increased to £60,069.21 while expenditure was £55,179.88, resulting in a net increase in cash funds for the year.
What the accounts disclose
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £30,000 (which equates to about 8 months' of unrestricted expenditure)” — page 4
“Clive Lambden served as a church leader and was paid £27,799.46 (net) for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.” — page 9
Property (HM Land Registry)
Trustees
- PETER DOUGLAS REESchair
- Clive Anthony Lambden
- Robert Sharkey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £60k | £55k |
| 31/12/2023 | £52k | £45k |
| 31/12/2022 | £43k | £46k |
| 31/12/2021 | £53k | £45k |
| 31/12/2020 | £76k | £41k |
Common questions
Is WALMER CHAPEL financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted cash reserves stood at £52,458.39, which exceeds the trustees' stated policy target of £30,000. Income increased to £60,069.21 while expenditure was £55,179.88, resulting in a net increase in cash funds for the year. Its FY2024 accounts were independently examined.