LIFESPRING CHURCH
Financial health, per its FY2022 accounts
The accounts state that total income for the year was £531,307 against total expenditure of £539,347, resulting in a net expenditure of £8,040. The charity holds total unrestricted reserves of £1,520,211, which the Directors confirm are sufficient to support the charity on a going concern basis. The organization relies on donations and trading activities, with significant fixed assets held in freehold property.
What the accounts disclose
“One Director received remuneration of £12,295 for their role as Cafe 12 assistant (2021: £3,238). Employer National and insurance contributions paid on their behalf totalled £827” — page 11
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (20/08/2025)
Trustees
- DAVID JOHN CORNELIUSchair
- Chengetai Angeline Dziya
- Elizabeth Monger
- Kate Peirce
- LUKE THOMAS ELLIS MA FCA
- Oluwasegun Olojo-Kosoko
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.2m | £660k |
| 31/12/2023 | £760k | £627k |
| 31/12/2022 | £531k | £539k |
| 31/12/2021 | £514k | £462k |
| 31/12/2020 | £472k | £564k |
Common questions
Is LIFESPRING CHURCH financially healthy?
The accounts state that total income for the year was £531,307 against total expenditure of £539,347, resulting in a net expenditure of £8,040. The charity holds total unrestricted reserves of £1,520,211, which the Directors confirm are sufficient to support the charity on a going concern basis. The organization relies on donations and trading activities, with significant fixed assets held in freehold property. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SACHS FOUNDATION | 1 | £383k |
| WOODLANDS GROUP OF CHURCHES | 1 | £3k |