Charity Accounts Intelreading the accounts so you don’t have to

LIFESPRING CHURCH AND CENTRE

Registered charity 1187584 · accounts filings on the Charity Commission register

We hold corporate worship services at Ollerton and Church Warsop as well as holding small group meetings called Life Groups in midweek. In midweek, we also run outreach projects such as Parent and Toddler, Make Lunch, youth activities and activities for some specialist groups such as Autism and Mental Health issues. Our method is to draw people together, to show love and to serve them.

Causes: Education/training · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£214k
Latest spending
£201k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds total £747,306, which is above the stated reserves policy target of three months of expenditure. The charity reports a net income surplus of £13,172 for the year and maintains adequate resources to continue in operational existence.

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

What the accounts disclose

Reserves policy: three months of expenditure (held: £747k)
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be three months of expenditure.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Service charges paid by subsidiary to charity
“During the year the charity received £7,200 (2024 - £6,593) for service charges for use of the freehold property from Oasis Cafe Ollerton Limited, the company's trading subsidiary.” — page 33
“There is an amount of £1,7773 (2024 - £1,740) owing to the company at 31 March 2025 from the trading subsidiary.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan owed by subsidiary to charity
“During the year the charity received £7,200 (2024 - £6,593) for service charges for use of the freehold property from Oasis Cafe Ollerton Limited, the company's trading subsidiary.” — page 33
“There is an amount of £1,7773 (2024 - £1,740) owing to the company at 31 March 2025 from the trading subsidiary.” — page 33
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)

5 registered titlesin England and Wales held by the charity’s company or corporate body (5 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2021)

Total income
£877k
Total spending
£120k
Cost of raising funds
£16k
Reserves (reported)
£76k
Employees
4

Reported reserves equal ~7.6 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£214k£201k
31/03/2024£204k£182k
31/03/2023£163k£173k
31/03/2022£210k£203k
31/03/2021£877k£120k

Common questions

Is LIFESPRING CHURCH AND CENTRE financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds total £747,306, which is above the stated reserves policy target of three months of expenditure. The charity reports a net income surplus of £13,172 for the year and maintains adequate resources to continue in operational existence. Its FY2025 accounts were independently examined.