Charity Accounts Intelreading the accounts so you don’t have to

WELLSPRING CHRISTIAN CENTRE

Registered charity 1062914 · accounts filings on the Charity Commission register

Latest income
£199k
Latest spending
£176k
Registered
1997
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net income surplus of £22,539 for the year ended 31 December 2024, bringing total net assets to £426,915. The trustees maintain a reserves policy of £20,000, equivalent to three months of running costs, and have additionally set aside £10,000 in a Building Reserve. The independent examiner reported that no matters came to their attention regarding compliance with accounting requirements.

What the accounts disclose

Reserves policy: three months of running costs (held: £427k)
“The trustees maintain reserves of £20,000 in line with best practice guidance from the Charity Commission, which commonly recommends holding reserves equivalent to around three months of running costs.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Wellspring Christian Centre (matched by registered charity number).

Trustees

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

Operates in: Denbighshire · Lebanon · Romania · Slovakia · Slovenia · Spain

Income and spending

Financial year endIncomeSpending
31/12/2024£199k£176k
31/12/2023£104k£87k
31/12/2022£114k£108k
31/12/2021£91k£67k
31/12/2020£89k£71k

Common questions

Is WELLSPRING CHRISTIAN CENTRE financially healthy?

The accounts state that the charity generated a net income surplus of £22,539 for the year ended 31 December 2024, bringing total net assets to £426,915. The trustees maintain a reserves policy of £20,000, equivalent to three months of running costs, and have additionally set aside £10,000 in a Building Reserve. The independent examiner reported that no matters came to their attention regarding compliance with accounting requirements. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE SACHS FOUNDATION1£383k

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