Wellspring
To provide and maintain a mivkeh (ritual bath) and associated services.
Objects
TO ADVANCE THE JEWISH RELIGION BY PROVIDING AND MAINTAINING A MIKVEH (RITUAL BATH) AND ASSOCIATED SERVICES. TO ADVANCE THE JEWISH FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEF APPEARING IN THE SCHEDULE AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY
Financial health, per its FY2025 accounts
The accounts state that the charity is in a development stage with unrestricted reserves of £31,000 at year-end, having received £29,412 in donations and spent £12,133. The trustees note that securing income and maintaining adequate cashflow are key risks as the charity aims to build a physical centre.
What the accounts disclose
“Voluntary Donations 29,412”
“Wellspring’s reserves policy states that it will aim to ensure that it has between three- and six-months’ worth of working capital to cover its operational expenses.” — page 4
“Key risks in this development stage include securing income and maintaining adequate cashflow.” — page 4
“Total spending amounted to £12,133, including £9,947 spent on engaging a consultancy, Changing Times Ltd, to produce budgets and projections to inform fundraising.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Susan Ruth Philipchair
- Abigail Bleys
- Cheryl Jeanette BRODIE
- Joseph Gamse
- Joseph Moshe Hyman
- Juliet Simmons
- Rebecca Louise Verlander
- Rev Patrick John Moriarty
- Susan Pearlman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31k | £12k |
| 31/03/2024 | £3k | £60 |
| 31/03/2023 | £14k | £8k |
| 31/03/2022 | £11k | £9k |
| 31/03/2021 | £2k | £11k |
Common questions
Is Wellspring financially healthy?
Per its FY2025 accounts: The accounts state that the charity is in a development stage with unrestricted reserves of £31,000 at year-end, having received £29,412 in donations and spent £12,133. The trustees note that securing income and maintaining adequate cashflow are key risks as the charity aims to build a physical centre.