THE WELLSPRING FAMILY CHURCH DEREHAM
Activities to advance the Christian faith in accordance with the Statement of beliefs of Wellspring Family Church.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £4,678 for the year ended 31 March 2025, with total incoming resources of £283,119 and resources expended of £278,441. The trustees confirm that unrestricted reserves of £256,927 are above their stated policy target of £33,288, representing three months of expenditure. The filing confirms the accounts are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“unrestricted funds not committed or invested in tangible fixed assets held by the charity should be 3 months of the expenditure.” — page 8
“Mr P. Collinson (husband of Dr H. Collinson) received £24,081 (2023/24: £18,188) in gross salary related payments and £963 (2023/24: £1,569) in Pension Contributions in his capacity as the lead Elder of the Wellspring Family Church in furthering the charity's objects.” — page 21
“Mr P. Collinson (husband of Dr H. Collinson) received £24,081 (2023/24: £18,188) in gross salary related payments and £963 (2023/24: £1,569) in Pension Contributions in his capacity as the lead Elder of the Wellspring Family Church in furthering the charity's objects.” — page 21
Property (HM Land Registry)
Trustees
- Harry John Griggchair
- Daniel Johnson
- Dr Hannah Ruth Collinson
- Howard Bailey
- Matthew Weatherill
- Richard Kingsnorth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £283k | £278k |
| 31/03/2024 | £266k | £242k |
| 31/03/2023 | £220k | £171k |
| 31/03/2022 | £209k | £157k |
| 31/03/2021 | £173k | £113k |
Common questions
Is THE WELLSPRING FAMILY CHURCH DEREHAM financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £4,678 for the year ended 31 March 2025, with total incoming resources of £283,119 and resources expended of £278,441. The trustees confirm that unrestricted reserves of £256,927 are above their stated policy target of £33,288, representing three months of expenditure. The filing confirms the accounts are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.