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2024-03-31-accounts

report for charity commission January 2025

Trustees

Our church continues to grow and since the last report we have been blessed by new families with children joining our congregation and further expansion of ministries. Over the past year the group for secondary school age children called Youth Alive has continued to meet regularly and our young people have been bringing friends from other churches.

Our Care Groups have continued to meet regularly every week, with members supporting each other in study of the scripture and discussion and also prayer. We continue to hold our usual weekly Sunday communion services and evening prayer meetings. We also do community outreach via our weekly coffee morning.

Our Young Adults Group continues to function via football outreach with Christian Leadership designed to bring the example of the Lord Jesus to young people of all walks of life. The Young adults are helped to grow in the fundamentals of the Christian faith.

We had our first mission trip to Ethiopia and have other trips planned for 2025 and 2026.

We said goodbye to one of our longstanding elders and his wife as they have moved away. This couple are very highly regarded and the Church has really benefited from their commitment and engagement with various activities.

We have also reviewed and updated our Church Constitution and Working Practices documents with the assistance of AoG Solicitors, since our previous report.

Our WoW Group (Women of Wellspring) has continued to flourish and the women had a weekend retreat in October which was well attended and valued. Our Mens Meetings have not been as well attended and we are looking into what we might do to encourage more engagement.

Since last year work that was needed on the prayer room and storage area has been undertaken as a necessity since then and the builder found that the structure was very rotten through water damage and about to collapse. We attempted to gain some funding for this but unfortunately we were not able to obtain funding to cover the £25.4K.

Our Church boiler also came to the end of its life but we were blessed to receive a replacement boiler and free installation from someone in the Church at no cost to Wellspring.

The Church property in Erith continues to be rented by the tenant who has been in place since 2018. The property is a two bedroom terraced house with a small conservatory and a garden.

We thank and praise God for the work that he is doing in our church: for the new people that he is bringing in; for those of our congregation who help in Sunday school; those who provide hospitality after each weekly church service by making cups of tea and coffee and providing light refreshments; those who help to keep the church clean and in other ways maintain the building; those who help out with the various ministries.

Wellspring Pentecostal Church

Statement of Receipts and Payments

Receipts

01/04/2023 to 31/03/2024 Payments

GA
Gift Aid
GR
Gift Aid Tax Reclaims
CO
Communications
OF
Offerings
CB
Church Building Running Costs
MB
Manse
EV
Community Outreach
WM Church Ministries
MT
Tithe to Missions
OE
Office Equipment
BA
Banking
MS
Miscellaneous
BF
Benevolent Fund
WC
Wellspring Café
(of which in respect of restricted income)
Reconciliation against sum
F01
British Gas
F03
Water Rates
BR
Building Repairs
CI
Church Insurance
TV
TV Licence
F11
Income from Manse
MI
Manse Insurance
MM Manse Maintenance
MU
Manse Miscellaneous
Net Total
Church Building Running Costs
22,791.85
SC
Salaries and Related Costs
7,421.39
LM Licences and Membership
28.78
CO Communications
15,189.01
OF
Offerings
-
CB
Church Building Running Costs
8,422.17
MB Manse
-
EV
Community Outreach
23.08
WM Church Ministries
-
MT Tithe to Missions
-
OE
Office Equipment
102.33
BA
Banking
134.40
MS Miscellaneous
315.00
BF
Benevolent Fund
1,796.65
WC Wellspring Café
TR
Training and Conferences
PC
Petty Cash
VS
Visiting Speakers
56,224.66
2847.98
56,224.66
8422.17
0.00
0.00
0.00
8422.17
7784.17
1601.3004
Manse Income and Running Costs
32,197.24
2,787.13
1,641.13
-
30,630.04
638.00
22.00
984.68
3,416.00
1,074.80
60.00
3,774.32
1,111.30
1,585.01
975.44
-
450.00
81,347.09
81,347.09
3644.29
245.94
25455.99
1124.82
159.00
30630.04
0.00
638.00
0.00
0.00
638.00

Communications

F02 Telephone & Internet

1022.06

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Wellspring Pentecostal Church
Statement of Receipts and Payments
01/04/2023 to 31/03/2024
W01 Website 383.00
W02 Website Address Renewal 158.29
LE Leaflets and Signs 49.00
1612.35
Community Outreach
E02 Magazines 0.00
E03 Advertising 22.00
FB Food Bank 0.00
E01 Literature 0.00
FC Wellspring Football 0.00
22.00
Licences and Membership
F10 ACAT Membership 22.00
CC CCLI Membership 0.00
FI Fire Inspection 142.60
CT Churches Together in Welling 50.00
BV BVSC Membership 0.00
F07 ThirtyOneEight Membership 193.65
CP Creation Software 80.00
ZM Zoom 863.28
GL Licences 0.00
F04 AOG Tithe 1435.60
2787.13
Training and Conferences
AC Area Conference 975.44
TC Training 0.00
975.44
Office Equipment
MH Hardware 614.19
ST Stationery & Office Supplies 57.93
OP Peripherals 402.68
OF Office Furniture / Equipment 0.00
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Wellspring Pentecostal Church
Statement of Receipts and Payments
01/04/2023 to 31/03/2024
1074.80
Miscellaneous
M01 Accountancy / Legal 1513.80
M02 Music / Worship Items 72.26
M03 Communion Wine 134.29
M05 Miscellaneous Items 1762.26
M06 Paypal Giving 0.00 0.00
HS Hospitality 157.31
0.00 3639.92
Net Total 3639.92
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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the directors Wellspring Pentecostal Church of ~~a~~ On accounts for the year 31 March 2024 Charity 1054381 ended no. ~~PC~~ Set out on pages ~~po~~ Respective The charity’s trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year directors and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Date: 10/7/24 Signed: Name: Helen Atack

Relevant professional ACA qualification(s) or body (if any): ~~a~~

1

IER

10a High Street, Chislehurst, Kent BR7 5AN

Address:

Section B Disclosure

Give here brief details of None any items that the examiner wishes to disclose .

2

IER