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2025-03-31-accounts

ANNUAL REPORT AND ACCOUNTS 2025 (For the period to 31-03-25)

www.chapelhouseministries.org.uk Chapel House Ministries is a Registered Charity No. 1156159

Chapel House Ministries Annual Report and Accounts 2025

1. Introduction

The Annual Report and Accounts for Chapel House Ministries is written equally for Trustees and those outside of the charity looking in. As a charity we have to be publicly accountable to everyone. Therefore, it is produced in accordance with the requirements of the Charities Act and any regulations made there under and the Charities SORP; Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS102) (effective 1 January 2019). For further information please contact the Chairman, Secretary or Treasurer.

Contact Details:

Chapel House Ministries, Chapel House, Moseley Road, Hallow, Worcestershire, WR2 6NH.

2. Administrative Information

Chapel House Ministries is a registered charity number 1156159 operating out of Chapel House (see address above). During the period 01 April 2023 to 31 March 2024 the following Trustees were appointed:

The first charity trustees are as follows:

Paul Frederick Wilcox Jane Paton Wilcox

The charity trustees appointed for the following terms are as follows: Deborah Mary Austin for 4 years to 20[th] March 2026 Charles Michael Barry Austin for 4 years to 20[th] March 2026 Gillian Lucas for 4 years to 20[th] March 2026 Grahame Lucas for 4 years to 20[th] March 2026

3. Structure, Governance and Management

Chapel House Ministries is a Charitable Incorporated Organisation (CIO) and operates in accordance with its Constitution dated 4[th] February 2014.

The Trustees are responsible for all aspects of the operation of the Charity including Health and Safety, discrimination and protection of vulnerable people. The Trustees are also responsible for strategic risk management and consider any material risks at each Trustee meeting. Management actions are routinely put in place for material risks. The trustees also have adopted a standard conflict of interest clause.

The value of the charity’s property provides sufficient cover for the long-term liabilities and the low-level strategic risk that the charity is forced to cease operating due to the loss of key Trustees.

The Charity Trustees meet up to four times a year and are responsible for all business decisions of the Charity.

4. Objectives

The objects of the Chapel House Ministries are

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Chapel House Ministries Annual Report and Accounts 2025

5. Achievements and Outcomes

It has been another very encouraging year for Chapel House Ministries, although in slightly different ways to originally envisaged; fewer retreats and activities initiated by CHM, but more external groups utilising the space for their own activities. We have been particularly pleased to host local Deanery planning meetings and Chapter events, plus local church-related activities eg men’s and women’s gatherings and a Life Group Quiet Day. Regional organisations and local church leadership teams also made return visits as they appreciate the space to gather, reflect and engage in vision planning eg All Saints (Worcester), City Church (Worcester), the Heart of England Baptist Association, ‘Limitless’, the youth department of the Elim Church, and Forefront Theatre Company.

Jane’s counselling continues to be a very vibrant and exciting aspect of Chapel House Ministries, and she often has a waiting list. The environment of privacy and confidentiality is an ideal setting for her counselling to take place.

It has been an impressive year for George, our mission partner in Tanzania. As academic dean for Msalato Theological college he was fulfilling his ambition to bring forward newly trained ordinands for the Anglican Church in Tanzania. However, his potential was recognised and he was selected to become the Secretary General of the Anglican Church Tze. It was great that we have been able to support him and his family at this time, particularly by assisting with the education of his 4 children, Meshack (bio-medical engineering), Sheryl (completed college) Veronica (2nd year at college) and Debbie (high school). George is also responsible for the Provincial Theological Education Programme and so we are glad to continue to support him, his family and his wider work in the Anglican Church in Tanzania.

The Airbnb use of Chapel House has proved very successful and, informally, some great connections with people have been made. All guests have spoken very highly in their reviews of the Chapel House facility. There was a lull in Airbnb activity in the early part of the year, it did pick up during the period. Airbnb guests do not necessarily profess any spiritual interest we have had some interesting conversations in this period. We have received bookings for the early months of 2026.

Chapel House Ministries started in early 2014 and since then:

2015/ 2023/ 2024/
2023 2024 2025
Chapel House Ministries
a. ministered to, and mentored individuals 2,172 50 68
b. Number of individuals who have visited Chapel
House for mentoring, hospitality, prayer, and
535 150 35
lectures
c. received the help of volunteers 73 20 25
d. Numberof mentees 109 25 30

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Chapel House Ministries Annual Report and Accounts 2025

6. Financial Review

In nutshell for the year 1[st] April 2024 to 31 March 2025:

Expenditure
Chapel House – Equipment and furnishing
Chapel House - Running costs and Garden Maintenance
Mission partners
CCMN Mentoring Network
Total
2024-25
£
2023-24
£
181 510
7,523
4,899
2,840
7,851
6,708
0
14,740 15,772
come was received during the year as follows:
Income
Chapel House
Airbnb
For Mission Partners
CCMN Mentoring Network
2024-25
£
2023-24
£
7,023 7,924
892
6,865
1,768
636
7,259
0
Total 14,918 17,439

7. Actions for the future

The Trustees have been conducting a review of the future of Chapel House Ministries during 2025. Further work is planned for early 2026, when we hope to make some firm decisions.

8. Accounting Policies

Accruals: It is the policy of Chapel House Ministries to prepare accounts on a payments and receipts basis. The exception to this is the claim for Gift Aid recovery from HMRC that remains outstanding at the year end. This is treated on an accrual basis.

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Chapel House Ministries Annual Report and Accounts 2025

Property Valuation: The Charity owns one property; Chapel House. The initial value of the building was shown at purchase cost (2014) and subsequently increased by the value of the internal reordering works carried out in 2016-17. The Charity has adopted a policy of revaluing Chapel House, in accordance with the Financial Reporting Standard (FRS102). A professional and independent valuation was carried out on 4[th] February 2022 and is reflected in these accounts. In accordance with the Financial Reporting Standard (FRS102) the Charity will arrange for revaluations with sufficient regularity to ensure that the value in the accounts doesn’t vary materially from its current value. The Trustees plan to seek another valuation in 2027.

Works to Property: Items of expenditure that are deemed to improve the value of the property are capitalised and treated as part of the Fixed Asset “Chapel House”. All expenditure on maintenance is charged to the year of account. Expenditure on equipment or assets on or above £2,500 with a life expectancy greater than two years is capitalised and subject to depreciation on the straight-line method over the forecast life of the asset.

Procurement: All expenditure above £2,500 should be subject to Trustee approval prior to purchase. Any expenditure on a single item above £2,500 should be subject to receipt of at least two written or documented quotes and be subject to Trustee approval if the lowest quote is not to be accepted. Any expenditure above £7,500 should be subject to three written quotes based on a clear specification of the works or asset to be purchased, and Trustee approval of the selected quote.

The letting of Chapel House through Airbnb: The Trustees have agreed to use the income from letting to support the ministry and upkeep of Chapel House.

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Chapel House Ministries Annual Report and Accounts 2025

9. The Annual Statement of Accounts 2025

The Statement of Accounts is set out on the following pages. An Independent Examiner’s report is set out on Page 13.

Page No. Financial Statements for the period 1 April 2024 to 31 March 2025
6 Statement of Financial Activities and funds summary
7 Balance Sheet
8 Fund Movement summary
9 Statement of Assets and Liabilities
10 Analysis of Receipts and Payments (notes A, B1 and B2)
11 Additional notes to the accounts (notes B3, C, D and E)
12 Statement of Financial Activities and funds summary 2023-24 for comparison
with 2024-25 on page 6
13 Report of Independent Examiner

10. Notes to the Accounts

The following pages set out the statement of accounts together with notes to explain them.

Grahame Lucas Treasurer 2[nd] January 2026

Paul Wilcox Chairman 2[nd] January 2026

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Chapel House Ministries Annual Report and Accounts 2025

See Page 12 - Statement of Financial Activities and funds summary 2023-24 for comparison with 2024-25.

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Chapel House Ministries Annual Report and Accounts 2025

Note 1: It is the policy of the charity to prepare accounts on a receipts and payments basis with the exception of the recovery of tax on Gift Aided donations and the valuation of the Chapel House property.

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Chapel House Ministries Annual Report and Accounts 2025

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Chapel House Ministries Annual Report and Accounts 2025

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Chapel House Ministries Annual Report and Accounts 2025

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Chapel House Ministries Annual Report and Accounts 2025

Note B3 Investments: The Charity does not hold any cash investments.

Note C Property Valuation: This was last carried out on 4[th] February 2022 by Messrs Nicol & Co. The basis for valuation was market value based on the values of similar residential properties in the area. The property was valued in the region of £300,000. In accordance with the Financial Reporting Standard (FRS102) the Charity will arrange for revaluations with sufficient regularity to ensure that the value in the accounts doesn’t vary materially from its current value. The Trustees plan to seek another valuation in 2027.

Property: Chapel House, Mosely Road,
Hallow.
Freehold
Land and
Buildings as
at 31-3-25
Freehold
Land and
Buildings as
at 31-3-24
£ £
Cost & valuation history
Purchase
price
March
2014
(including
capitalised fees and costs)
189,667 189,667
Cost of reordering &improvements2016-17 62,627 62,627
Cost of reordering and improvements 2017-18 2,786 2,786
Cost of improvements to driveway & external
areas in 2020
12,000 12,000
Revaluation on 20-09-2017 19,920 19,920
Revaluation on 04-02-2022 13,000 13,000
Net book value at the end of year 300,000 300,000
N.b. there were no impairments and no
depreciation applied

Note D Transfers between funds:

Note E Debtors: Two claims were made to HMRC after 31-03-2025 in respect of Gift Aided income prior to 01-04-2025. The claim totalled £359 (£1,863 in 2023/24) and has been treated as an accrual of income in the 2024/25 accounts. The claim was received on 28[th] July 2025.

Donations of goods and services in kind: Our annual independent examination was carried out by Tim Marlow free of charge. Volunteers provide their services to administer the charity and manage events.

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Chapel House Ministries Annual Report and Accounts 2025

This statement for the previous year is provided as a comparator with the latest Statement 😉of Financial Activities as set out on page 6.

Chapel House Ministries Statement of Financial Activities For the period from 01 April 2023 to 31 March 2024

==> picture [478 x 484] intentionally omitted <==

----- Start of picture text -----
Unrestricted Designated Restricted Prior year Further
Total funds
funds funds funds total funds details
£ £ £ £ £
Incoming resources
Incoming resources from generated funds 0 0 1,760 1,760 4,073 A
Voluntary income 7,898 6,866 8 14,772 13,027 A
Investment income 15 892 0 906 1,350
Other incoming resources 0 0 0 0 0
Total income 7,913 7,757 1,768 17,439 18,449
Resources used
Cost of generating voluntary income 1,617 0 0 1,617 791 B2
Charitable activities 8,203 3,112 2,840 14,155 21,960 B1
Prior year adjustments 0 0 0 0 0
Total expenditure 9,820 3,112 2,840 15,772 22,751
Net income (expenditure) resources before transfers -1,907 4,645 -1,072 1,666 -4,301
Transfers between funds:
Gross transfers between funds - in 1,576 0 0 1,576 1,342 D
Gross transfers between funds - out 0 -892 -684 -1,576 -1,342 D
Invetsment and Assets valuations:
Gains/losses on investment assets 0 0 0 0 0 B3
Gains on revaluation, fixed assets, charity's own use 0 0 0 0 0 C
Net movement in funds -331 3,754 -1,756 1,666 -4,301
Reconciliation of funds:
Total funds brought forward 4,267 143,969 1,756 149,992 154,293
Total funds carried forward 3,936 147,722 0 151,659 149,992
Represented by:
Unrestricted
General fund 3,936 0 0 3,936 4,267
Designated
Chapel House Revaluation Reserve 0 32,920 0 32,920 32,920
Funds used for purchase of Chapel House 0 32,667 0 32,667 32,667
Funds used for the improvement of Chapel House 0 77,412 0 77,412 77,412
George 0 4,722 0 4,722 969
Restricted
The Christian Coach And Mentor Network 0 0 0 0 1,756
Total funds 3,936 147,722 0 151,659 149,992
----- End of picture text -----

There may be minor discrepancies in the totals as the pence are not being shown on any of the financial statements above and on the following pages.

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Chapel House Ministries Annual Report and Accounts 2025

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