WELLSPRING CHURCH (WATFORD)

Registered charity 1119764 · accounts filings on the Charity Commission register · also known as WATFORD COMMUNITY CHURCH

to advance the Christian Faith in accordance with the Statement of Faith of Assemblies of God. To relieve sickness and financial hardship and to promote and preserve good health by provision of funds, goods and services of any kind including through the provision of counselling and support in such parts of the UK or world as directors from time to time think fit and to advance education.

Objects

3. THE OBJECTS OF THE COMPANY ARE FOR THE BENEFIT OF THE PUBLIC ("THE OBJECTS"):(A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS FROM TIME TO TIME MAY THINK FIT;(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 DIRECTORS FROM TIME TO TIME THINK FIT; AND(C) TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS FROM TIME TO TIME MAY THINK FIT.

Area of benefit: IN PARTS OF THE UNITED KINGDOM OR THE WORLD.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income surplus of £59,443 for the year ended 31 March 2025, with total unrestricted funds carrying forward at £1,859,177. Per the trustees' report, the charity is complying with its reserves policy, holding free cash reserves of £186,800 against a target of approximately £98,000. The trustees confirmed that no call on reserves was needed and that the charity has adequate resources to continue operating for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints policy and procedures
• Engaging external speakers at charity events policy and procedures
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures
• Volunteer management

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £83k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Reported reserves equal ~3.6 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (81% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.4% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

• Received assets from another charity (04/09/2017) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• Rev David Selwyn Dodwellchair
• Joanne Claire LEE
• Michael Juha Penrose
• Nathan Edward Siebu
• Nicola Jane Williams
• Olayinka Akinrotimi Elegbe

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

Operates in: Hertfordshire

Income and spending

Common questions