FRIENDS OF LANCING CHAPEL

Registered charity 241403 · accounts filings on the Charity Commission register

The aims of the Charity are the completion and maintenance of the fabric of the Chapel of SS Mary and Nicolas. The Charity makes it possible for the Chapel to be open to the public throughout the year. It arranges guides and tours for visiting parties.

Causes: Education/training · Religious Activities · Arts/culture/heritage/science · website · Get email alerts

Latest income
£63k
Latest spending
£42k
Registered
1965
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £18,772 for the year ended 31 March 2025, with total unrestricted reserves standing at £162,664. The trustees consider these reserves to be sufficient to maintain the charity's activities in the event of a significant drop in funding, as they fall within the stated policy target of three to six months' expenditure. The going concern basis is adopted with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between three and six months’ expenditure (held: £163k)
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months’ expenditure. — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/03/2021)

Total income
£621k
Total spending
£659k
Reserves (reported)
£484k
Employees
0

Trustees · trustee networks

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

Operates in: West Sussex

Income and spending

Financial year endIncomeSpending
31/03/2025£63k£42k
31/03/2024£60k£49k
31/03/2023£79k£103k
31/03/2022£144k£467k
31/03/2021£621k£659k

Common questions

Is FRIENDS OF LANCING CHAPEL financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £18,772 for the year ended 31 March 2025, with total unrestricted reserves standing at £162,664. The trustees consider these reserves to be sufficient to maintain the charity's activities in the event of a significant drop in funding, as they fall within the stated policy target of three to six months' expenditure. The going concern basis is adopted with no material uncertainties identified. Its FY2025 accounts were independently examined.