DAYSPRING CHAPEL MINISTRIES
Religious activitiesTo advance the Christian faith ? to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in accordance with the law of charity in England and Wales.
Objects
3. THE CHARITY'S OBJECTS ("THE OBJECTS") ARE:-(A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN BRISTOL AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS OF THE CHARITY (HEREIN CALLED "THE TRUSTEES") MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER 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 RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £75,971 for the year ended 31 December 2025, with unrestricted closing funds of £289,916. The trustees note that the financial position reflects ongoing refurbishment of a newly acquired place of worship, which is being funded through member support and loans. The charity relies on volunteers and has no restricted funds at the end of the year.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Investment
- Paying staff
- Volunteer management
Property (HM Land Registry)
Trustees
- Ayodeji Gbaye
- Babafemi Babalola
- HELEN YETUNDE OLATUNDE
- PASTOR EMMANUEL OLUDARE OLATUNDE
- SAMUEL KAYODE ADETUNJI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £235k | £159k |
| 31/12/2024 | £166k | £142k |
| 31/12/2023 | £152k | £112k |
| 31/12/2022 | £114k | £96k |
| 31/12/2021 | £99k | £85k |
Common questions
Is DAYSPRING CHAPEL MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £75,971 for the year ended 31 December 2025, with unrestricted closing funds of £289,916. The trustees note that the financial position reflects ongoing refurbishment of a newly acquired place of worship, which is being funded through member support and loans. The charity relies on volunteers and has no restricted funds at the end of the year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £200k |
Charities like this
- NEW LIFE CHURCH MINISTRIES (SLEAFORD)
- NEW GROUND CHURCHES
- LIFESPRING MINISTRIES
- SHINE MINISTRIES INTERNATIONAL
- ONE CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, LECKHAMPTON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DAYSPRING CHAPEL MINISTRIES | £235k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH MINISTRIES (SLEAFORD) | £585k | — | 0 | above | — | no doubt |
| NEW GROUND CHURCHES | £450k | more than £60,000 | 2 | above | — | no doubt |
| LIFESPRING MINISTRIES | £693k | — | 0 | unclear | — | no doubt |
| SHINE MINISTRIES INTERNATIONAL | £147k | — | 0 | unclear | — | no doubt |
| ONE CHURCH | £1.1m | — | 0 | unclear | — | no doubt |