WELS CHURCH
Advancement of the Lutheran Christian faith
Objects
THE CHARITY'S OBJECTS ARE THE ADVANCEMENT OF THE CHRISTIAN RELIGION FOR THE PUBLIC BENEFIT IN ACCORDANCE WITH THE DOCTRINES OF THE WISCONSIN EVANGELICAL LUTHERAN SYNOD.
Financial health, per its FY2025 accounts
The accounts state that the charity reported total unrestricted funds of £12,089 at the end of the year, an increase from £11,818 in the prior period. The trustees' report indicates a reserves policy targeting a minimum balance of £5,000 in the business bank account, which the charity exceeded. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Wels Church intend to have a minimum balance of £5,000 credit in the Business bank account at any time.” — page 5
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
Corporate structure
- Registered company of the charity Companies House 13974714
Company officers (Companies House)
- HAGEDORN, David Michael on trustee list
- NASEEM, Kamran, Dr on trustee list
- FELGENHAUER, Stefan on trustee list
- MARTIN, Joshua, Pastor on trustee list
- MCCATTY, Caroline Mary on trustee list
Trustees
- Caroline Mary McCattychair
- David Michael Hagedorn
- Dr Kamran Naseem
- Pastor Joshua Martin
- Stefan Felgenhauer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £85k | £84k |
| 31/12/2024 | £46k | £43k |
| 31/12/2023 | £16k | £5k |
Common questions
Is WELS CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported total unrestricted funds of £12,089 at the end of the year, an increase from £11,818 in the prior period. The trustees' report indicates a reserves policy targeting a minimum balance of £5,000 in the business bank account, which the charity exceeded. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.