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WELS CHURCH

Registered charity 1202120 · accounts filings on the Charity Commission register

Advancement of the Lutheran Christian faith

Causes: Religious Activities · Get email alerts

Latest income
£46k
Latest spending
£43k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds increased to £11,818 at the end of the year, with total income of £45,918 largely derived from donations. The charity maintains a stated reserves policy of keeping a minimum balance of £5,000 in its business bank account, which it exceeded. The trustees confirmed adequate resources for going concern, and the independent examiner reported no matters requiring attention.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: minimum balance of £5,000 credit in the Business bank account at any time (held: £12k)
“Wels Church intend to have a minimum balance of £5,000 credit in the Business bank account at any time.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£46k£43k
31/12/2023£16k£5k

Common questions

Is WELS CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds increased to £11,818 at the end of the year, with total income of £45,918 largely derived from donations. The charity maintains a stated reserves policy of keeping a minimum balance of £5,000 in its business bank account, which it exceeded. The trustees confirmed adequate resources for going concern, and the independent examiner reported no matters requiring attention. Its FY2024 accounts were independently examined.