LIFESPRING TRUST

Registered charity 296276 · accounts filings on the Charity Commission register · also known as LIFESPRING CHURCH, THE PROSPECT COMMUNITY CHURCH TRUST

LifeSpring Church meets together each week for worship and teaching in pursuit of the objects being the advancement of the Christian religion and other charitable purposes.

Objects

THE ADVANCEMENT OF THE CHRISTIAN RELIGION AND OTHER CHARITABLE PURPOSES.

Area of benefit: NOT DEFINED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Religious Activities · website · Get email alerts

Latest income

£0

Latest spending

£0

Registered

1987

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity is being closed and all assets and liabilities were transferred to Lifespring Church by the end of the period. Per the trustees' report, the charity reported a deficit of £552,492 in 2024, resulting in free reserves of £2,306, down from £552,492 in the prior year.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)

“I draw attention to the going concern note on page 8 of the financial statements. As stated therein, the Trustees confirm that they intend to close the charity and request it be removed from the Charity Commission register. All assets and liabilities have now been transferred. Therefore the charity is not a going concern.” — page 15

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

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

Trustees · trustee networks

DAVID JOHN CORNELIUS · trustee of 1 other charity
Elizabeth Monger · trustee of 1 other charity
Kate Peirce · trustee of 1 other charity
LUKE THOMAS ELLIS MA FCA · trustee of 1 other charity
Oluwasegun Olojo-Kosoko · trustee of 1 other charity

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

Operates in: Reading

Income and spending

Financial year end	Income	Spending
31/12/2025	£0	£0
31/12/2024	£58k	£611k
31/12/2023	£91k	£100k
31/12/2022	£81k	£69k
31/12/2021	£88k	£67k

Common questions

Is LIFESPRING TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity is being closed and all assets and liabilities were transferred to Lifespring Church by the end of the period. Per the trustees' report, the charity reported a deficit of £552,492 in 2024, resulting in free reserves of £2,306, down from £552,492 in the prior year. Its FY2024 accounts were independently examined.