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
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
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.