THE WELL OF LIFE
We are a local network of churches upholding and advancing the Christian faith with a vision to be a resource of gifts and ministries to the region, the nation and the nations of the world.
Objects
A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF FAITH APPEARING IN THE SCHEDULE HERETO IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT AND OTHER SUCH PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY; (B) TO ADVANCE CHRISTIAN EDUCATION IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT. (C) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE OR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR AGE, RACE, INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £38,103 for the year ended 31 March 2025, which was met from existing unrestricted funds. Per the trustees' report, the charity had no net current unrestricted assets at year-end and acknowledged a reserves policy target of £20,000, though the actual unrestricted funds held were £109,169.
What the accounts disclose
“the current reserves level is set at £20,000.” — page 6
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Matthew Graham Chartchair
- Claire Elizabeth Rennison
- David John Raine
- Helen Louise Owlett
- JOHN ANDREW COOK
- Mark Peter Reilly
- SUSAN ELIZABETH STOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £54k | £63k |
| 31/03/2024 | £71k | £92k |
| 31/03/2023 | £85k | £87k |
| 31/03/2022 | £89k | £89k |
| 31/03/2021 | £103k | £96k |
Common questions
Is THE WELL OF LIFE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £38,103 for the year ended 31 March 2025, which was met from existing unrestricted funds. Per the trustees' report, the charity had no net current unrestricted assets at year-end and acknowledged a reserves policy target of £20,000, though the actual unrestricted funds held were £109,169. Its FY2025 accounts were independently examined.