LIFESPRING MINISTRIES
The proclamation and furtherance of the Gospel of God concerning his son Jesus Christ and the preaching and teaching of the Christian faith.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased to £124,350 from £145,547 in the prior year, resulting in a net movement in funds of £59,201. The trustees report that the charity remains in a strong and stable financial position, supported by total assets less current liabilities of £1,610,291. The charity operates a defined contribution pension scheme and has no disclosed pension deficit.
What the accounts disclose
“Mr A Wastall received remuneration for ministry services in accordance with the governing document to the value of £57,850 (2024 - £48,950)” — page 13
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Delmar Selwyn Brownchair
- Anthony Hugh Wastall
- GILLIAN SMITH
- John Michael Blackah
- Paul Andrew Heather
- Stephen William Eaves
- Sunita Devi Chonkria
- Susannah Stones
- Timothy James Wood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £693k | £634k |
| 31/03/2024 | £746k | £606k |
| 31/03/2023 | £543k | £529k |
| 31/03/2022 | £457k | £436k |
| 31/03/2021 | £394k | £383k |
Common questions
Is LIFESPRING MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £124,350 from £145,547 in the prior year, resulting in a net movement in funds of £59,201. The trustees report that the charity remains in a strong and stable financial position, supported by total assets less current liabilities of £1,610,291. The charity operates a defined contribution pension scheme and has no disclosed pension deficit. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHURCH REVITALISATION TRUST | 1 | £46k |
Charities like this
- LIFESPRING CHURCH
- LIVING SPRINGS INTERNATIONAL CHURCH
- DAYSPRING CHAPEL MINISTRIES
- LIFE MINISTRIES TRUST
- LIFE CHURCH MINISTRIES
- NEW LIFE CHURCH MINISTRIES (SLEAFORD)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LIFESPRING MINISTRIES | £693k | — | 0 | unclear | — | no doubt |
| LIFESPRING CHURCH | £1.2m | — | 0 | unclear | — | no doubt |
| LIVING SPRINGS INTERNATIONAL CHURCH | £131k | — | 0 | unclear | — | no doubt |
| DAYSPRING CHAPEL MINISTRIES | £166k | — | 0 | unclear | — | no doubt |
| LIFE MINISTRIES TRUST | £203k | — | 0 | unclear | 0.0% | no doubt |
| LIFE CHURCH MINISTRIES | £1.6m | — | 0 | unclear | — | no doubt |