THE WELL
The Well owns, operates and maintains premises of the same name at 74 - 78 Frodingham Road, Scunthorpe DN15 7JW with the purpose of executing its charitable objects.
Objects
THE ADVANCEMENT OF ECUMENICAL CHRISTIAN RELIGION FOR THE PUBLIC BENEFIT CHIEFLY IN NORTH LINCOLNSHIRE THROUGH EDUCATIONAL AND MISSIONARY ACTIVITIES AS THE TRUSTEES DECIDE, IN PARTICULAR BUT NOT EXCLUSIVELY, THROUGH THE PROVISION OF A BASE FOR THE SALE OF GOODS, DISSEMINATION OF INFORMATION AND THE PROVISION OF A WELCOMING AND SUPPORTIVE ENVIRONMENT WHERE OTHER SERVICES MAY BE ACCESSED IN ACCORDANCE WITH CHRISTIAN PRINCIPLES.
Financial health, per its FY2025 accounts
The accounts state that the charity was debt-free at the end of March 2025 and fully owns its building, which is valued at over £200,000. Per the trustees' report, the charity sustained four part-time paid roles and provided work experience opportunities, though it noted that an increase in the minimum wage would have an adverse effect on finances. The trustees are considering selling the building to release cash and move to rented premises to safeguard the future.
What the accounts disclose
“We do not have reserves” — page 8
“It is feasible for the charity to be a going concern. At the moment we are covering our costs. However, to safeguard the future we are looking to sell the building and move to rented premises. This will release a significant cash injection.” — page 8
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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 10
- Government income: £770 — grants £770 (1); under 1% of the £99,306 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 20
- Government income: £6,695 — grants £6,695 (6,695); 7% of the £102,989 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 14
Register events
- Received assets from another charity (07/11/2018)
Trustees
- Ian Wray
- MICHAEL ALAN JOYCE
- Tracey Louise Wray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £99k | £104k |
| 31/03/2024 | £103k | £100k |
| 31/03/2023 | £81k | £88k |
| 31/03/2022 | £86k | £85k |
| 31/03/2021 | £75k | £65k |
Common questions
Is THE WELL financially healthy?
Per its FY2025 accounts: The accounts state that the charity was debt-free at the end of March 2025 and fully owns its building, which is valued at over £200,000. Per the trustees' report, the charity sustained four part-time paid roles and provided work experience opportunities, though it noted that an increase in the minimum wage would have an adverse effect on finances. The trustees are considering selling the building to release cash and move to rented premises to safeguard the future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 02/06/2020 | £19k | VSCE CMC Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Prosper Wakefield District Ltd | 1 | £29k |
| COMMUNITY FOUNDATION FOR WAKEFIELD | 1 | £24k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, LEAMINGTON PRIORS | 1 | £20k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARYS LEAMINGTON PRIORS | 1 | £7k |
Charities like this
- THE WELL, CHRISTIAN HEALING CENTRE
- THE WELL KIBWORTH
- HELP THE MENTAL HEALTH CHARITY
- WATERBROOK CHURCH CIO
- ALL SAINTS NORMANTON COMMUNITY PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WELL | £99k | — | 0 | below | — | noted |
| THE WELL, CHRISTIAN HEALING CENTRE | £192k | £41,766 | 0 | above | — | no doubt |
| THE WELL KIBWORTH | £173k | — | 0 | unclear | — | no doubt |
| HELP THE MENTAL HEALTH CHARITY | £103k | — | — | unclear | — | no doubt |
| WATERBROOK CHURCH CIO | £90k | £28,160 | 0 | unclear | — | no doubt |
| ALL SAINTS NORMANTON COMMUNITY PROJECT | £99k | — | 0 | unclear | — | no doubt |