UNION CHAPEL PROJECT

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -4.5%

  £1,365,399 → £1,304,558

• Cash

  -10.7%

  £1,163,410 → £1,038,983

• Net assets

  +36%

  £934,663 → £1,271,580

• Employees

  -13.2%

  38 → 33

• Wages

  +5.6%

  £868,195 → £916,993

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Goodman Jones LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. UNION CHAPEL PROJECT · parent
   1. Union Chapel Directions Limited 100% · England · operates a bar and provides hall hire for events held at the Union Chapel.
   2. The Margins Project 100% · England · operates within the Chapel building and provides support services for homeless people that include crisis services, a cafe training programme and support services.

Significant events

• “The year to 31 March 2025 saw the commencement of work on the restoration and repair of the Sunday School after many years of planning. The work continues and is currently expected to conclude in April 2026, when it will be available for both community and commercial use.”
• “Despite these challenges, we hosted 182 external events---surpassing last year's already ambitious record---and welcomed over 147,000 audience members.”
• “Our community engagement remains a vital part of our work, with successful fundraising events supporting charities such as Amos Trust, The Loss Foundation, The PDA Society, and Blood Good Period.”
• “We also ran workshops for young people with the WOOFYT - Wooden One-octave Organ For Young Technologists - led by Jeremy Sampson, exploring the relationship between physics and sound and how the organ produces sound.”
• “Thanks to a generous grant from NLHF, trusts and foundations and private donors, in 2024-25 UCP has commenced the repair and retrofit works of the Sunday School, a project 8 years in the making. This has been a very exciting and busy year for the organisation, with capital works well under way.”
• “In January 2025, our organ builders (Harrison and Harrison) dismantled and removed the damaged swell boards and the organ pipes above them to be repaired in their workshop in Durham. This section of the organ has since been returned, reassembled and re-tuned by Harrison and Harrison in August 2025.”
• “Phase 1 (approx. £1.5m building works) commenced on site in July 2024 including the delivery of all external repairs to the Sunday School. It has now been combined with Phase 2 (approx. £0.7m building works), for which funding was obtained. The completion date for the combined works is now expected by April 2026.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.