THE WELL SHEFFIELD BAPTIST CHURCH

Registered charity 1163291 · accounts filings on the Charity Commission register · also known as THE WELL

Christian Baptist Church

Causes: Religious Activities · website · Get email alerts

Latest income
£569k
Latest spending
£547k
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income decreased slightly to £568,630 from £575,455 in the prior year, while total operating expenditure increased to £547,299 from £531,244. The charity reported a net income of £21,331 and held total unrestricted and restricted funds of £1,336,686 at the year-end.

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

What the accounts disclose

Reserves policy: £120,000 (held: £1.3m)
“This policy is reviewed annually as part of our ongoing governance review to ensure that level is still appropriate and was increased from £80,000 to £120,000 in February 2021. The Trustees are content to maintain that same level of reserves for the immediate future.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration to N Allan, Trustee
“N Allan, Trustee, received remuneration totalling £24,596 (2024: £49,968) in respect of his services as minister of the church. This includes employer pension contributions totalling £1,230 (2024: £2,324). He received no remuneration in his role as trustee.”
“S Spendlove, Trustee, received remuneration totalling £15,344 (2024: £14,390) in respect of his services as caretaker. This includes employer pension contributions totalling £455 (2024: £388).” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration to S Spendlove, Trustee
“N Allan, Trustee, received remuneration totalling £24,596 (2024: £49,968) in respect of his services as minister of the church. This includes employer pension contributions totalling £1,230 (2024: £2,324). He received no remuneration in his role as trustee.”
“S Spendlove, Trustee, received remuneration totalling £15,344 (2024: £14,390) in respect of his services as caretaker. This includes employer pension contributions totalling £455 (2024: £388).” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration to K Allan, close family member of a trustee
“N Allan, Trustee, received remuneration totalling £24,596 (2024: £49,968) in respect of his services as minister of the church. This includes employer pension contributions totalling £1,230 (2024: £2,324). He received no remuneration in his role as trustee.”
“S Spendlove, Trustee, received remuneration totalling £15,344 (2024: £14,390) in respect of his services as caretaker. This includes employer pension contributions totalling £455 (2024: £388).” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration to TE Spendlove, close family member of a trustee
“N Allan, Trustee, received remuneration totalling £24,596 (2024: £49,968) in respect of his services as minister of the church. This includes employer pension contributions totalling £1,230 (2024: £2,324). He received no remuneration in his role as trustee.”
“S Spendlove, Trustee, received remuneration totalling £15,344 (2024: £14,390) in respect of his services as caretaker. This includes employer pension contributions totalling £455 (2024: £388).” — page 31
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £785k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/09/2025)

Total income
£569k
Total spending
£547k
Reserves (reported)
£120k
Employees
12

Reported reserves equal ~2.6 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Sheffield City

Income and spending

Financial year endIncomeSpending
30/09/2025£569k£547k
30/09/2024£575k£541k
30/09/2023£521k£525k
30/09/2022£548k£567k
30/09/2021£507k£472k

Common questions

Is THE WELL SHEFFIELD BAPTIST CHURCH financially healthy?

Per its FY2025 accounts: The accounts state that total income decreased slightly to £568,630 from £575,455 in the prior year, while total operating expenditure increased to £547,299 from £531,244. The charity reported a net income of £21,331 and held total unrestricted and restricted funds of £1,336,686 at the year-end. Its FY2025 accounts were independently examined.

Who funds THE WELL SHEFFIELD BAPTIST CHURCH?

Funders whose own accounts filings name THE WELL SHEFFIELD BAPTIST CHURCH as a grant recipient include THE GREGORY CENTRE FOR CHURCH MULTIPLICATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE GREGORY CENTRE FOR CHURCH MULTIPLICATIONFY2024£10k
THE GREGORY CENTRE FOR CHURCH MULTIPLICATIONFY2023£8kGrants payable

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE THOMPSON6 CHARITABLE TRUST1£24k
THE LAWSON TRUST CIO1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Cornerstone Baptist Church.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE WELL SHEFFIELD BAPTIST CHURCH£569k—0above—no doubt
Cornerstone Baptist Church FY2025£453k—0unclear—no doubt
CORNERSTONE BAPTIST CHURCH FY2025£453k—0above—no doubt
SIDCUP BAPTIST CHURCH FY2025£111k—0unclear—no doubt
TONBRIDGE BAPTIST CHURCH FY2025£901k—0unclear—no doubt
TYNDALE BAPTIST CHURCH, BRISTOL FY2025£167k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.