THE FOUNTAIN OF LIVING WATER

Registered charity 1128511 · accounts filings on the Charity Commission register

Christian worship, christian counselling, propagating the Gospel of Jesus Christ based on Biblical doctrine

Objects

THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLD-WIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE.THE RELIEF OF POVERTY. ( THE OBJECTS )THE TRUSTEES MUST USE THE INCOME AND MAY USE THE CAPITAL OF THE TRUST IN PROMOTING THE OBJECTS.

Area of benefit: WORLD-WIDE

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

Causes: Religious Activities · Get email alerts

Latest income

£78k

Latest spending

£75k

Registered

2009

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year with a net asset deficit of £10,692, an improvement from the previous year's deficit of £13,790. The trustees report a net increase in funds of £3,098 for the year, primarily driven by voluntary income of £77,664 against total expenditures of £74,566. The charity's reserves policy aims to maintain unrestricted funds equivalent to approximately three months of unrestricted expenditure, though the current unrestricted fund balance is negative.

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

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £-11k)

“The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.” — page 6

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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.

Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Volunteer management

Trustees · trustee networks

Frank Olumide Oshodi
ISRAEL LANUMI ADEBAJO
Pastor Olaoluwa Stephen Otegbola

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

Operates in: Barking And Dagenham · Essex

Income and spending

Financial year end	Income	Spending
31/03/2025	£78k	£75k
31/03/2024	£82k	£81k
31/03/2023	£63k	£65k
31/03/2022	£67k	£72k
31/03/2021	£62k	£58k

Common questions

Is THE FOUNTAIN OF LIVING WATER financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year with a net asset deficit of £10,692, an improvement from the previous year's deficit of £13,790. The trustees report a net increase in funds of £3,098 for the year, primarily driven by voluntary income of £77,664 against total expenditures of £74,566. The charity's reserves policy aims to maintain unrestricted funds equivalent to approximately three months of unrestricted expenditure, though the current unrestricted fund balance is negative. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
UK government	12/10/2020	£10k	Coronavirus Community Support Fund