REGISTERED CHARITY NUMBER: 1052619
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Wellspring Community Church
Daniel Sam Limited
Chartered Accountants
61 Plodder Lane
Farnworth
Bolton
BL4 0BX

Wellspring Community Church
Contents of the Financial Statements
for the Year Ended 31 March 2025
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Detailed Statement of Financial Activities
Page
1 to
3
4
5
6
7 to
10
11
to
12

Wellspring Community Church
Report of the Trustees
for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The
trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
As stated in our constitution the objects of the church are, for the benefit of the public,:
- to advance the Christian faith in accordance with the statement of faith of Assemblies of God in such ways and in such
parts of the United Kingdom or the world as the church council from time to time think fit;
- to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or
services of any kind including through the provision of counselling and support in such parts of the United Kingdom or
the world as the church council from time to time think fit; and
- to advance education in such ways and in such parts of the United Kingdom or the world as the church council from
time to time think fit.
The management team continue to be guided by the Commission's advice in relation to our obligations to be of benefit to
the public and certainly the food pantries are a great benefit to our local communities as are our meetings. We are also
keen to be a source of spiritual blessing to our community as our name implies and the management team and pastor
Page 1

Wellspring Community Church
Report of the Trustees
for the Year Ended 31 March 2025
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Attendance and meetings
All of the Sunday church services are now run live. We still use Zoom. As in the last report, we have seen steady and
sustained growth.
Pastoral Teams
The pastoral oversight of the church is going from strength to strength. We are building on strengthening the pastoral
team. We continue to reach out to our members and it is having a noticeable impact in the lives of many.
Little Fish - Parent and Toddler Group
Little Fish remains in hibernation. As we move into the next church year, we will start to look at what we will do, with
this service, moving forwards.
Sunday School
The Sunday School is now back up and running. Again, as we move into the next year we will look at what we want to
do, in order to move this to the next phase.
The Feed
The Feed remains suspended. However, works do continue with the youth and young people of the church.
The Well of Hope Food Pantry
The Well of Hope Food Pantry continues to be an incredible resource for the local community. We rely heavily on
donations from local supermarkets, Fare-share and our own church members. Many give sacrificially.
We have also initiated a scheme whereby church members can sponsor a family for as many weeks as they are able to.
This is also growing in size.
This has proven to be the major source of community outreach by Wellspring Community Church. As a result we also
see clients of The Well of Hope Food Pantry attending Sunday services and mid-week services. The next year will see
continued advance, of the community outreach, that WoHFP affords the church to be a part of.
Missions
Wellspring Community Church is committed to Mission. As we move into the next church year we will be assessing
other support options for Mission outreaches.
FINANCIAL REVIEW
Principal funding sources
The charity raises most of the general funds it needs to carry on its activities from within its own membership and
congregation.
Reserves policy
The charity maintains a contingency fund of f5,000 which is considered appropriate to the charity's needs and activities.
However, this is up for review as part of the ongoing financial review policies in place.
FUTURE PLANS
The leadership of the church are continuing their focus on improving and maintaining the church facilities, including the
church building. Work has been done in the men's toilets and the ladies' toilets has now had a major overhaul and
refurbishment. This will be completed during the next financial year. The church needs major work, so we continue to
complete a feasibility study and assess what the next steps required are. These initiatives are ongoing.
Moving Forward
Spiritually, we, as a leadership team, remain committed to the growth and development of the church through the
preaching and teaching of God's word, worship, prayer, relationships, and outreach.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitution adopted on 16 March 2015 as an
unincorporated charity.
Page 2

Wellspring Community Church
Report of the Trustees
for the Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The management of the charity is by a church council. The minimum number of members of the church council is three.
The premises that the charity owns and occupies is held in trust by Assemblies of God Property Trust.
Wider network
The charity remains in fellowship and relationship with the churches which form the Assemblies of God network whose
National Ministry Centre is based in Mattersey, Doncaster.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1052619
Principal address
Brendon Avenue
Manchester
M40 9DN
Trustees
Rev A Taylor
PS Cassidy
RL King
P G Burdon
Independent Examiner
Daniel Sam Limited
Chartered Accountants
61 Plodder Lane
Farnworth
Bolton
BL4 OBX
Approved by order of the board of trustees on. 23/10/2025.
... and signed on its behalf by:
REV AL TAYLOR
REV.AL TAYLOR (Oct 23. 2025.11:02:38 GMT†1)...
Rev A Taylor - Trustee
Page 3

Independent Examiner's Report to the Trustees of
Wellspring Community Church
Independent examiner's report to the trustees of Wellspring Community Church
I report to the charity trustees on my examination of the accounts of Wellspring Community Church (the Trust) for the
year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out
my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out
in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a
true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Gracian Daniel-Sam ACA
Daniel Sam Limited
Chartered Accountants
61 Plodder Lane
Farnworth
Bolton
BL4 OBX
Date: 23/10/2025
Page 4

Wellspring Community Church
Statement of Financial Activities
for the Year Ended 31 March 2025
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Total
2
31.3.25
Unrestricted
fund
81,449
800
82,249
EXPENDITURE ON
Charitable activities
Ministry
Mission
Administration
Upkeep of church premises
Other
Total
37,370
12,838
6,753
16,154
1,261
74,376
7,873
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
330,471
338,344
The notes form part of these financial statements
Page 5
31.3.24
Total
funds
£
61,329
411
61,740
35,420
10,584
3,899
8,276
637
58,816
2,924
327,547
330,471

Wellspring Community Church
Balance Sheet
31 March 2025
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
Prepayments and accrued income
Cash at bank and in hand
Notes
6
7
31.3.25
Unrestricted
fund
260,365
6
830
81,509
82,345
(4,366)
77,979
31.3.24
Total
funds
251,045
80,802
CREDITORS
Amounts falling due within one year
8
(1,376)
NET CURRENT ASSETS
79,426
TOTAL ASSETS LESS CURRENT
LIABILITIES
338,344
330,471
NET ASSETS
FUNDS
Unrestricted funds
TOTAL FUNDS
338,344
330,471
338,344
338,344
330,471
330,471
The financial statements were approved by the Board of Trustees and authorised for issue on
. 23/10/2025...
…........ and were signed on its behalf by:
REV AL TAYLOR
REVAL TAYLOR (OC 23. 202511:02:38 GMT+1)
A Taylor - Trustee
Paul Burdon
. Paul Burdon (Oct 16, 2025 10:18:25 GMT+1)|
P G Burdon - Trustee
The notes form part of these financial statements
Page 6

Wellspring Community Church
Notes to the Financial Statements
for the Year Ended 31 March 2025
1.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019);
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
labilities are recognised as expenditure as soon as there is a legal or constructive obligation committing th
harity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement an
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Freehold property
Motor vehicles
Furniture and equipment
not provided
20% on cost
- 20% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension
scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 7
continued...

Wellspring Community Church
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
ri l
INVESTMENT INCOME
Rents received
Deposit account interest
31.325
800
800
31.3.24
400
11
411
3.
4.
TRUSTEES' REMUNERATION AND BENEFITS
Trustees' salaries
Trustees' pension contributions to money purchase schemes
31.325
26,750
615
27,365
31.3.24
25,000
563
25,563
The above remuneration is in respect of Rev A L Taylor in his role as minister (as permitted by the charity's
constitution) and not in his role as a trustee.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
STAFF COSTS
The average monthly number of employees during the year was as follows:
Ministry
Cleaning
31.3.25
1
1
31.3.24
1
1
2
2
5.
No employees received emoluments in excess of £60,000.
INDEPENDENT EXAMINER'S REMUNERATION
The amount payable to the Independent Examiner for carrying out the final preparation and independent
examination of these accounts is £396 (2024: £385).
Page 8
continued...

Wellspring Community Church
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
6.
TANGIBLE FIXED ASSETS
7.
8.
Freehold
property
Motor
vehicles
Furniture
and
equipment
Totals
COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
250,000
800
-
250,000
800
4,823
10,581
15,404
255,623
10,581
266,204
:
640
160
800
3,938
1,101
5,039
4,578
1,261
5,839
250,000
250,000
160
10,365
885
260,365
251,045
The charity is the beneficial owner of the land and buildings situated on Brendon Avenue, Manchester, M40
9DN, however the legal title is held by the charity's custodian trustee (Assemblies of God Property Trust).
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
31.3.25
f
6
31.3.24
7
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
31.3.25
4,366
31.3.24
1,376
MOVEMENT IN FUNDS
At 1.4.24
Net
movement
in funds
At
31.3.25
Unrestricted funds
General fund
330,471
7,873
338,344
TOTAL FUNDS
330,471
7,873
338,344
Page 9
continued...

Wellspring Community Church
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
9.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
82,249
82,249
Resources
expended
(74,376)
(74,376)
Movement
in funds
7,873
7,873
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS
Comparative net movement in funds, included in the above are as follows:
A1 14.23
327,547
327,547
Incoming
resources
61,740
61,740
Net
movement
in funds
2,924
2,924
At
31.3.24
330,471
330,471
10.
Unrestricted funds
General fund
TOTAL FUNDS
RELATED PARTY DISCLOSURES
Resources
expended
Movement
in funds
(58,816)
(58,816)
2,924
2,924
Rev A L Taylor (a trustee) received gross wages of f26,750 (2024: f25,000) and employer pension contributions
of £615 (2024: £563) for his employment as minister.
Page 10

Wellspring Community Church
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Grants
Subscriptions
Miscellaneous income
Investment income
Rents received
Deposit account interest
61,756
14,788
500
4,035
370
81,449
800
800
82,249
56,172
:
4,835
322
61,329
400
11
411
61,740
Total incoming resources
EXPENDITURE
Charitable activities
Trustees' salaries
Trustees' pension contributions
Wages
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Supplies
Training
Subscriptions
Gifts to other missions
Repairs and maintenance
Motor and travel
Youth and children's work
Outreach and evangelism
IT maintenance
Other
Depreciation of vehicles
Depreciation of equipment
26,750
615
816
448
1,596
5,407
1,275
1,786
1,287
6,776
1,714
888
1,250
9,362
5,176
744
4,911
1,668
72,469
160
1,101
1,261
25,000
563
1,084
401
1,570
4,477
1,098
383
477
6,677
2,341
2,680
1,828
3,142
1,167
4,656
-
57,544
160
477
637
Support costs
This page does not form part of the statutory financial statements
Page 11

Wellspring Community Church
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
Support costs
Governance costs
Accountancy and legal fees
Total resources expended
Net income
646
74,376
7,873
635
58,816
2,924
This page does not form part of the statutory financial statements
Page 12