BATTERSEA CHAPEL EDUCATIONAL FOUNDATION
The Charity is a community Church, that has settled in a new building at SW11 2HH. Our activities include Sunday Services at 11am, weekly virtual bible studies , bi-weekly prayer meetings and a late night prayer meeting on the last Friday of every month. Social activities include: Friends In Battersea for over 50s, annual seaside trips and Love Battersea collaborative community event.
Financial health, per its FY2024 accounts
The accounts state that free reserves were £212,291 at year-end, which is significantly in excess of the trustees' stated policy target of three months' routine expenditure (£25,000). The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not prepared in accordance with applicable requirements.
What the accounts disclose
“Adebayo Babalola, a trustee from April 2024, was paid a salary at a rate of £24,500 per annum in his employed capacity as pastor” — page 12
“free reserves should be equivalent to approximately 3 months’ routine general fund expenditure, plus committed future expenditure on other projects where funds permit.”
“Adebayo Babalola, a trustee from April 2024, was paid a salary at a rate of £24,500 per annum in his employed capacity as pastor and occupied the Church’s manse property rent free for the better performance of his duties.” — page 12
“Adebayo Babalola, a trustee from April 2024, was paid a salary at a rate of £24,500 per annum in his employed capacity as pastor and occupied the Church’s manse property rent free for the better performance of his duties.” — page 12
Trustees
- Rev Adebayo Akinyemi Babalolachair
- Carla Burton
- Daniel Johnson
- Foluke Adenrele Moses
- Rose Kudiabor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £60k | £73k |
| 31/12/2023 | £60k | £95k |
| 31/12/2022 | £47k | £93k |
| 31/12/2021 | £69k | £96k |
| 31/12/2020 | £50k | £33k |
Common questions
Is BATTERSEA CHAPEL EDUCATIONAL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that free reserves were £212,291 at year-end, which is significantly in excess of the trustees' stated policy target of three months' routine expenditure (£25,000). The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not prepared in accordance with applicable requirements. Its FY2024 accounts were independently examined.
What does the highest-paid employee of BATTERSEA CHAPEL EDUCATIONAL FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £20,001 - £30,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 30/07/2009 | £6k | Battersea Chapel Community Dance/Drama Project |