FRIENDS OF LANCING CHAPEL
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.
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.
What the accounts disclose
“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
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- Andrew Wynn-Mackenzie
- CATHERINE REEVE
- DR I GOUGH
- Dominic Thomas Oliver
- Dr DAMIAN A KERNEY
- Dr Scott Crawford
- ISABELLA WARD
- Jeremy Alun-Jones
- Justin Pottinger
- MR JEREMY TOMLINSON
- Mark Baird Milling
- ROSEMARY MARGARET HANNAM
- Rt Revd JONATHAN MEYRICK
- Ruth Anne Mansfield
- Sarah Lea Linfield
- THE REVEREND JONATHAN HALFORD LAWSON
- VICTOR CHAPMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.