SPRINGS OF LIFE AND HOPE
We make grants to organisations working in Israel and the territories for the relief f financial hardship, providing accommodation and vocational training
Objects
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 ACCOMMODATION AND FUNDING FOR EDUCATION AND TRAINING IN SUCH PARTS OF ISRAEL OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY 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 TRUST.
Financial health, per its FY2024 accounts
The accounts state that the charity's net assets decreased from £1,963 to £4,337, with total income of £168,374 and total expenditure of £168,105. The trustees' report notes that the charity normally tries to keep about £300 in reserve for expenses, although the actual unrestricted reserves held at year-end were £4,337. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts did not comply with applicable requirements.
What the accounts disclose
“Our main source of funds are donations given by individuals and occasionally churches who want to support our work in Israel.” — page 5
“We normally try to keep about £300 in reserve for expenses in running the Trust.” — page 5
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- BARBARA JOHNSTON
- Graham Lewis Sharman
- Margaret Aileen Mercer
- Rev PETER DAVID JAMES
- Sandra Percival
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £63k | £61k |
| 31/12/2023 | £105k | £107k |
| 31/12/2022 | £111k | £109k |
| 31/12/2021 | £130k | £131k |
| 31/12/2020 | £72k | £70k |
Common questions
Is SPRINGS OF LIFE AND HOPE financially healthy?
Per its FY2024 accounts: The accounts state that the charity's net assets decreased from £1,963 to £4,337, with total income of £168,374 and total expenditure of £168,105. The trustees' report notes that the charity normally tries to keep about £300 in reserve for expenses, although the actual unrestricted reserves held at year-end were £4,337. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts did not comply with applicable requirements. Its FY2024 accounts were independently examined.