WATERSPRINGS CHRISTIAN CENTRE
The main activity of the organisation is the propagation of the Christian faith through maintaining and running worship service center for the general public. This is done through general invitation to members of the public to come and participate in Christian worship. In the process care and help is given to needy individuals.
Objects
THE ADVANCEMENT OF THE CHRISTIAN FAITHTHE RELIEF OF POVERTY
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £3,912 for the year ended 31 March 2025, resulting in a decrease in total unrestricted funds from £95,319 to £91,407. Despite this deficit, the trustees confirmed that the charity remains in a position to meet its financial obligations and continue its activities. The charity maintains a reserves policy target of at least three months of unrestricted expenditure, against which the current unrestricted funds of £91,407 are held.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds which are the free reserves of the charity at a level which equates to at least 3 months of unrestricted expenditure.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- AMA NENE NWOGBU
- Dr EZEKIEL ALAWALE
- Eric Omotehinse Akinloye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £249k | £253k |
| 31/03/2024 | £205k | £141k |
| 31/03/2023 | £113k | £100k |
| 31/03/2022 | £135k | £129k |
| 31/03/2021 | £132k | £130k |
Common questions
Is WATERSPRINGS CHRISTIAN CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £3,912 for the year ended 31 March 2025, resulting in a decrease in total unrestricted funds from £95,319 to £91,407. Despite this deficit, the trustees confirmed that the charity remains in a position to meet its financial obligations and continue its activities. The charity maintains a reserves policy target of at least three months of unrestricted expenditure, against which the current unrestricted funds of £91,407 are held. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 31/10/2025 | £20k | Wellbeing Hub |
| The National Lottery Community Fund | 09/05/2024 | £20k | The Food Hive |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BROOKSIDE TRUST | 1 | £190k |
| BANBURY CHARITIES | 1 | £36k |
| THE BEATRICE LAING TRUST | 1 | £5k |
| THE ST MICHAELS AND ALL SAINTS CHARITY | 1 | £3k |
Charities like this
- REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY CENTRE
- Wellsprings Community Church
- WHADDON ROAD EVANGELICAL PRESBYTERIAN CHURCH
- KEC CHURCH CENTRE
- WELTON BAPTIST CHURCH
- PURLEY UNITED REFORMED CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WATERSPRINGS CHRISTIAN CENTRE | £249k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY CENTRE | £338k | — | — | unclear | — | noted |
| Wellsprings Community Church | £127k | — | 0 | above | — | no doubt |
| WHADDON ROAD EVANGELICAL PRESBYTERIAN CHURCH | £136k | — | 0 | unclear | — | no doubt |
| KEC CHURCH CENTRE | £209k | — | 0 | above | — | no doubt |
| WELTON BAPTIST CHURCH | £333k | — | 0 | unclear | — | no doubt |