LIFE SPRING ROMANIAN FELLOWSHIP
The advancement of the Christian faith in accordance with the basis of faith primarily but not exclusively within the London Borough of Harrow and the surrounding neighbourhood, and such other charitable purposes as shall put in practice the Christian faith such as: the prevention and relief of need, hardship and sickness.
Objects
THE PURPOSES OF THE CHURCH ARE: 3.1.1 2 THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE BASIS OF FAITH PRIMARILY BUT NOT EXCLUSIVELY WITHIN THE LONDON BOROUGH OF HARROW, AND THE SURROUNDING NEIGHBOURHOOD; AND 3.1.2 SUCH OTHER CHARITABLE PURPOSES AS SHALL, IN THE OPINION OF THE CHARITY TRUSTEES, PUT INTO PRACTICE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE BASIS OF FAITH, INCLUDING BUT NOT LIMITED TO: THE PREVENTION AND RELIEF OF NEED, HARDSHIP AND SICKNESS; THE ADVANCEMENT OF EDUCATION; AND THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE; PROVIDED THAT THE ADVANCEMENT OF SUCH PURPOSES MUST BE UNDERTAKEN IN A MANNER THAT IS CONSISTENT WITH THE DOCTRINAL DISTINCTIVES AND ETHICAL STATEMENTS AS MAY BE ADOPTED AND AMENDED BY THE CHURCH FROM TIME TO TIME IN ACCORDANCE WITH THE PROVISIONS OF THE CHURCH HANDBOOK.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £35,893 for the year ended 31 December 2024, with unrestricted funds totaling £117,695. The trustees confirm that reserves are maintained at a level equivalent to between three and six months' expenditure, which they consider sufficient to continue activities in the event of a significant drop in funding. The charity is prepared on a going concern basis with adequate resources for the foreseeable future.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Policies the charity declares
- Financial reserves policy and procedures
- Trustee expenses policy and procedures
Trustees
- Daniel Ursaciuc
- Emanuel Ionel Radan
- Mihai Radulea
- Sorin Curtean
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £72k | £36k |
| 31/12/2023 | £50k | £49k |
| 31/12/2022 | £37k | £43k |
Common questions
Is LIFE SPRING ROMANIAN FELLOWSHIP financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £35,893 for the year ended 31 December 2024, with unrestricted funds totaling £117,695. The trustees confirm that reserves are maintained at a level equivalent to between three and six months' expenditure, which they consider sufficient to continue activities in the event of a significant drop in funding. The charity is prepared on a going concern basis with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.