GOODWILL FOUNDATION

Registered charity 1121131 · accounts filings on the Charity Commission register · also known as SPRING PETROLEUM CHARITABLE TRUST

To relieve sickness and to reserve the health of individuals in need of providing or assisting in the provision of equipment, facilities and services. The relief of financial hardship, either generally or individually of people living in the third world by making grants of money or monies for providing of paying for items, services & facilities. To promote any other charitable purpose in furtheran

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · Get email alerts

Latest income
£179k
Latest spending
£205k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £26,091 for the year ended 31 August 2025, resulting in unrestricted reserves falling to £27,954 from £54,045 the previous year. The trustees confirmed the charity remains a going concern, citing adequate cash flow forecasts and reserves to meet financial commitments despite economic uncertainty.

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

What the accounts disclose

Largest income source: Donations from individuals & organisations
“Donations from individuals & organisations 178,553” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee J A Sheth donated £60,520 to the charity.
“During the year J A Sheth who is a trustee of the charity, donated £60,520 to the charity, (2025: £101,401). All transactions with related parties were conducted at arms length and in accordance with the charity's objectives.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Blackburn With Darwen · City Of London · Kirklees

Income and spending

Financial year endIncomeSpending
31/08/2025£179k£205k
31/08/2024£246k£190k
31/08/2023£93k£111k
31/08/2022£122k£109k
31/08/2021£128k£140k

Common questions

Is GOODWILL FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £26,091 for the year ended 31 August 2025, resulting in unrestricted reserves falling to £27,954 from £54,045 the previous year. The trustees confirmed the charity remains a going concern, citing adequate cash flow forecasts and reserves to meet financial commitments despite economic uncertainty. Its FY2025 accounts were independently examined.

Who funds GOODWILL FOUNDATION?

Funders whose own accounts filings name GOODWILL FOUNDATION as a grant recipient include AY AND Y PATEL CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
AY AND Y PATEL CHARITABLE TRUSTFY2022£4k

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HANDS OF GIVING FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GOODWILL FOUNDATION£179k—0unclear—no doubt
HANDS OF GIVING FOUNDATION FY2025£123k—0above—no doubt
HOLLYHOCK CHARITABLE FOUNDATION FY2024£385k—0unclear—no doubt
FIRDOUS FOUNDATION FY2025£184k—0unclear—no doubt
The Serendipity Foundation Limited FY2025£101k—0unclear—no doubt
ALPHA RELIEF FUND FY2024£113k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.