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
Objects
THE OBJECT OF THE CIO IS TO ADVANCE THE CHRISTIAN FAITH FOR THE PUBLIC BENEFIT IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN THE SCHEDULE HERETO IN KENT AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE CHARITY TRUSTEES MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES
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
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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.