**REGISTERED COMPANY NUMBER: 05154582 (England and Wales) REGISTERED CHARITY NUMBER: 1105643**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025**
## **FOR**
## **WELLSPRING FAMILY CENTRE**
Accounts produced by Marsh Solutions Limited 82 Berechurch Hall Road Colchester, Essex. CO2 8RF
**WELLSPRING FAMILY CENTRE**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 30 June 2025**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 5|
|**Independent Examiner's Report**|6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8 to 9|
|**Notes to the Financial Statements**|10 to 17|
|**Detailed Statement of Financial Activities**|18 to 19|
**WELLSPRING FAMILY CENTRE**
## **REPORT OF THE TRUSTEES for the year ended 30 June 2025**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 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**
The objects of the charity are set out in the charity’s Memorandum and Articles of Association and are summarised as follows:
To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby including (though not by the way of limitation) through the provision of such assistance in Dereham, Norfolk, and the surrounding area and in such other parts on the United Kingdom or the world as the directors of the charity (herein called ‘the trustees’) may from time to time think fit.
To advance education by such means as the trustees may consider appropriate including (though not by way of limitation) by educating and training the public in basic skills, marriage, and parenting skills, personal financial management, and by the provision of playgroup and nursery facilities, and personal and social development education for young people in the said location and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit.
- To promote charitable purposes for the benefit of the public in the following ways:
- The preservation and protection of health
- The provision of training with the object of relieving unemployment in the said location and in such other parts of the United Kingdom or the world as the trustees from time to time think fit.
## **Public benefit**
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objects and in planning future activities and setting policy for the year.
Page 1
**WELLSPRING FAMILY CENTRE**
## **REPORT OF THE TRUSTEES**
## **for the year ended 30 June 2025**
## **ACHIEVEMENTS AND PERFORMANCE Charitable activities**
This year we have continues to work hard to meet local needs in a range of ways amid the backdrop of increasing deprivation in our community. We continue to take advantage of the resource that our Centre offers as well as using the skills and enthusiasm of our team of volunteers to meet people and meet need.
During the year, and in the face of the challenges caused by the cost-of-living crisis, we have maintained, and improved our facilities to ensure all who use the building and access our projects do so in comfort, safety and with dignity. This year we have sought to better integrate our services to foster a greater sense of belonging and community. We identify loneliness, as well as poverty as being a concerning trend in the people we meet and seek to alleviate this where possible. The thrust of our programmes continues to be centred on social action to support those with Chronic Health Problems, financial hardship, but increasingly the need for community and belonging is becoming a focus of our work.
## Developing our Facilities
As well as maintaining our Green Space, internal rooms, social supermarket and carpark, we have developed our facilities in a number of ways: the growing efficacy of our toddler group, Little Lambs, led us to construct a new storage space for equipment; we have renovated what was a cold garage-style space used by the Foodbank, to be a warm, energy-efficient room, with adjoining door to the main hall; finally two industrial freezers have been added to our kitchen to support the work of the Food Cabin. These three items were paid for using grant funding and have been beneficial to the working of the Centre.
In addition to the above, plans also are underway to renovate our bar-area where teas and coffees are served throughout the week. This area is badly in need of update and we hope to see the work completed in the coming months. This will be funded from the centre's general reserves.
## Mid Norfolk Foodbank
The Centre hosts a Distribution Centre for the Mid Norfolk Foodbank, providing emergency food to local people in financial crisis. This is a joint initiative involving many of the local churches in and around Dereham, Fakenham and Swaffham with volunteers drawn from many local churches and the community. This year we have increased our co-operation with the Foodbank, and have constructed a door which adjoins the Foodbank room to the main hall and put on a coffee morning for the clients of the Foodbank on Mondays. This is supports by volunteers from the church and aims to give a warm space, friendship and a dignified place to wait when waiting for their food-box.
## Well-come
One of our flagship projects, Well-come is a twice-weekly group for people with poor mental health problems with the aim of rehabilitating and encouraging members back into their local communities. Members are referred to Well-come from the local NHS health professionals. Often, new members are accompanied on a first visit to try the group out and then after a couple of visits grow in confidence to come along. This project has developed a strong sense of community among the users, and includes events like a Christmas party, bowling trip and shared lunches.
This year, we have increased the variety input from visiting specialists including cookery classes, exercise classes and craft workshops. The aim of this is to increase the sense of self-worth among the users and develop life skills.
Page 2
**WELLSPRING FAMILY CENTRE**
## **REPORT OF THE TRUSTEES**
## **for the year ended 30 June 2025**
## Elevate
A support group for people with ME and Chronic Fatigue Syndrome (CFS), and their family carers, who live in mid-Norfolk. We provide monthly meetings at WFC, social networking. We have resumed occasional outings and home visits for the severely affected. The group aims to reduce isolation, improve quality of life, and help to either start or accelerate a recovery process by providing; social events and networking; information on good illness/lifestyle management techniques; signposting to statutory and other services; encouragement/inspiration to engage in various forms of occupational therapy by providing optional creative and recreational activities.
## Illuminate
A weekly, term-time youth group for 10-18 year olds, providing a safe and fun place to meet up. The group provides a safe place for teenagers to make friends. Activities run for one hour (such as pool, board games, Nintendo Switch) before we serve them dinner. Then we spend an hour discussing an area of Christian teaching. The teens are free to express their ideas as they choose during this time.
## Little Lambs
Little Lambs is a weekly parent and toddler group. This year we appointed a new project lead to develop the project and we have seen numbers increase and greater sense of purpose in the sessions. A focus for this year has been to encourage the parents/carers to engage with their children's play and learning throughout the morning. The group is growing both in numbers and engagement.
## Accommodate
Accommodate is a supported housing project for vulnerable people, delivered in partnership with the Hope In Action charity. Currently the house we purchased using investor's money houses two men who otherwise would be facing homelessness. They are engaged at least weekly by befrienders drawn from the church. One of the two tenants is also accessing Well-come.
## Food Cabin
Food Cabin provides affordable food items and toiletries on a membership basis, and signposts to other areas of support. This is the third year the Food Cabin has been operational and it now supports over 300 households, 100 of which shop weekly. The Food Cabin also has a role in signposting people to wider provision, and more frequently offers people the care and kindness they so rarely experience elsewhere. A small community of shoppers has emerged as trust has grown over time.
All our projects have benefited from the hours of volunteer service provided by the teams working in them. The Trustees are very grateful to each and every one of them.
## **FINANCIAL REVIEW**
## **Financial position**
It has been another productive year for the Centre with income up to £174,777 from £171,301 in 2024. This has been achieved mainly through the generous nature of our grant funders and donors, as well as the diligent team members who make our activities what they are.
With the increase in come we have also seen a slight decrease in expenditure this year from £159,261 in 2024 to £155,711 this year.
Overall, we have made a £19,066 surplus which will enable us to go further and do more in the coming years. We have also been diligent in ensure we are utilising our Restricted Funds for the specific purpose and have lowered the amount of restricted funds held by £3,900.
Thank you to all our grant funders and to our donors.
## **Reserves policy**
The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.
Page 3
**WELLSPRING FAMILY CENTRE**
## **REPORT OF THE TRUSTEES**
## **for the year ended 30 June 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
New trustees / directors are recruited from membership of Wellspring Family Church, after demonstrating commitment to the charitable works of the Centre and competency and appropriate skills to fulfil the role of trustee/director. The decision to recruit new trustees lies with the trustee body in consultation with the pastoral leadership of the Church.
## **Organisational structure**
The trustees/ directors are responsible for the general control and management of the charity/company. The trustees give their time freely and receive no remuneration or other financial benefits.
The trustees meet together as a body quarterly and are responsible for all decisions taken in relation to staffing the Centre and the activities provided. Day to day control of the individual activities is delegated to staff or a named volunteer as appropriate.
## **Induction and training of new trustees**
Following appointment, new trustees are given copies of the Memorandum and Articles of Association and a list of the policies and procedures adopted by the Centre. Trustees are also made aware of the Charity Commission’s publications on trustee’s responsibilities.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees review these risk assessments regularly through the trustees’ meetings. At present no significant risks have been identified which give cause for concern. To mitigate risks, staff and volunteers are trained to the required level of competence and during the year safeguarding training has been provided.
## **Training Provided**
The Trustees recognise the importance of training staff and volunteers to maintain and enhance the highest standards of service to our users. We recognise that investing in the people who work with us indicates the value we place in them and on the service that they give to our service users.
We ask our team leaders and their teams to let us know what training needs they have identified as well as recommending training to them. Over the course of the year, four of our team members undertook a level 3 Award in Emergency First Aid At Work, two of our Food Cabin team members completed Food Hygiene courses, and our Finance and Operations Manager completed the Sage 50c Accounts Professional level 3 course.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
05154582 (England and Wales)
## **Registered Charity number**
1105643
## **Registered office**
35 Neatherd Road Dereham Norfolk NR19 2AE
Page 4
**WELLSPRING FAMILY CENTRE**
## **REPORT OF THE TRUSTEES for the year ended 30 June 2025**
## **Trustees**
P Collinson H Bailey H Grigg S Barber (resigned 23.2.25) D Johnson M Mcevansoneya R Kingsnorth (appointed 5.8.25)
**Company Secretary** T Rouse
## **Independent Examiner**
Martin Fairchild ACMA, CGMA 2 Morton Road Aylsham NR11 6BA
**Finance Management & Accounting** Christopher Marsh FMAAT Marsh Solutions Limited 82 Berechurch Hall Road, Colchester Essex. CO2 8RF 25/03/2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.................................................................... fee H Grigg - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WELLSPRING FAMILY CENTRE**
## **Independent examiner's report to the trustees of Wellspring Family Centre ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Martin Fairchild ACMA, CGMA 2 Morton Road Aylsham NR11 6BA
Date: 19[th] March 2026
Page 6
**WELLSPRING FAMILY CENTRE**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **for the year ended 30 June 2025**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
4,776
**Charitable activities**
Centre activities
40,310
Food cabin
17,910
Well-Come
5,708
Little Lambs
5
Illuminate
4,998
Other trading activities
2
29,641
Investment income
3
626
**Total**
103,972
**EXPENDITURE ON**
**Charitable activities**
Centre activities
53,006
Food cabin
3,611
Well-Come
9,969
Little Lambs
5,047
Illuminate
9,331
**Total**
80,964
**NET INCOME/(EXPENDITURE)**
23,008
**RECONCILIATION OF FUNDS**
Total funds brought forward
94,042
**TOTAL FUNDS CARRIED FORWARD**
117,050|Restricted
funds
£
8,177
4,000
49,378
9,250
-
-
-
-
70,805
21,700
38,893
10,207
3,947
-
74,747
(3,942)
53,873
49,931|30.6.25
Total
funds
£
12,951
44,310
67,288
14,958
5
4,998
29,641
626
174,777
74,706
42,504
20,176
8,994
9,331
155,711
19,066
147,915
166,981|30.6.24
Total
funds
£
-
44,874
60,424
14,987
10,517
21,688
18,317
494
171,301
74,000
41,169
25,612
6,982
11,498
159,261
12,040
135,875
147,915|
|---|---|---|---|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 7
**WELLSPRING FAMILY CENTRE**
## **BALANCE SHEET 30 June 2025**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
8
-
**CURRENT ASSETS**
Debtors
9
6,024
Cash at bank
111,461
117,485
**CREDITORS**
Amounts falling due within one year
10
(435)
**NET CURRENT ASSETS**
117,050
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
117,050
**NET ASSETS**
117,050
**FUNDS**
11
Unrestricted funds
Restricted funds:
Well-Come Fund
Little Lambs Fund
Accommodate Fund
Fixed Asset Fund
Family Centre Fund
Food Cabin Funds
**TOTAL FUNDS**|Restricted
funds
£
16,410
-
33,604
33,604
(83)
33,521
49,931
49,931|30.6.25
Total
funds
£
16,410
6,024
145,065
151,089
(518)
150,571
166,981
166,981
117,050
-
-
378
16,410
1,790
31,353
49,931
166,981|30.6.24
Total
funds
£
24,616
-
124,679
124,679
(1,380)
123,299
147,915
147,915
94,042
956
3,947
701
24,616
10,961
12,692
53,873
147,915|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 8
**WELLSPRING FAMILY CENTRE**
## **BALANCE SHEET - continued 30 June 2025**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 25/03/2026 ............................................. and were signed on its behalf by:
............................................. fowoz = H Grigg - Trustee
The notes form part of these financial statements
Page 9
**WELLSPRING FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements and assessment of going concern**
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling (£).
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income**
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**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and 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.
Fixtures and fittings
- 25% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Debtors**
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.
## **Creditors**
Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
## **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.
continued...
Page 10
**WELLSPRING FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. OTHER TRADING ACTIVITIES**
|**2.**|**OTHER TRADING ACTIVITIES**|||
|---|---|---|---|
|||30.6.25|30.6.24|
|||£|£|
||Hire income|29,641|18,317|
|**3.**|**INVESTMENT INCOME**|||
|||30.6.25|30.6.24|
|||£|£|
||Deposit account interest|626|494|
## **4. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||30.6.25|30.6.24|
|---|---|---|
||£|£|
|Depreciation - owned assets|8,206|8,206|
|Independent Examination|250|1,380|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
## **Key management**
The trustees consider the Key Management of the charity to be the roles of Centre Manager, Centre Administrator and Operations Manager.
During the year the Key Management received remuneration of £51,990 in Gross Wages, and £263 in Employers Pension.
continued...
Page 11
**WELLSPRING FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the year ended 30 June 2025**
## **6. STAFF COSTS**
The average monthly number of employees (Full Time Equivalents) during the year was as follows:
|
All Staff
No employees received emoluments in excess of £60,000.
**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Centre activities
3,449
Food cabin
20,446
Well-Come
4,987
Little Lambs
88
Illuminate
21,656
Other trading activities
18,317
Investment income
494
**Total**
69,437
**EXPENDITURE ON**
**Charitable activities**
Centre activities
17,940
Food cabin
5,282
Well-Come
5,094
Little Lambs
-
Illuminate
11,466
**Total**
39,782
**NET INCOME/(EXPENDITURE)**
29,655
**RECONCILIATION OF FUNDS**
Total funds brought forward
64,387
**TOTAL FUNDS CARRIED FORWARD**
94,042|30.6.25
3
Restricted
funds
£
41,425
39,978
10,000
10,429
32
-
-
101,864
56,060
35,887
20,518
6,982
32
119,479
(17,615)
71,488
53,873|30.6.24
3
Total
funds
£
44,874
60,424
14,987
10,517
21,688
18,317
494
171,301
74,000
41,169
25,612
6,982
11,498
159,261
12,040
135,875
147,915|
|---|---|---|
continued...
Page 12
**WELLSPRING FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the year ended 30 June 2025**
## **8. TANGIBLE FIXED ASSETS**
|**8.**|**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|---|
|||||Fixtures|
|||||and|
|||||fittings|
|||||£|
||**COST**||||
||At 1 July 2024 and 30 June 2025|||41,028|
||**DEPRECIATION**||||
||At 1 July 2024|||16,412|
||Charge for year|||8,206|
||At 30 June 2025|||24,618|
||**NET BOOK VALUE**||||
||At 30 June 2025|||16,410|
||At 30 June 2024|||24,616|
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
|||30.6.25||30.6.24|
|||£||£|
||Trade debtors|5,343||-|
||Other debtors||247|-|
||Prepayments||434|-|
|||6,024||-|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
|||30.6.25||30.6.24|
|||£||£|
||Other creditors||268|-|
||Accrued expenses||250|1,380|
||||518|1,380|
continued...
Page 13
**WELLSPRING FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the year ended 30 June 2025**
## **11. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General Fund
**Restricted funds**
Well-Come Fund
Little Lambs Fund
Accommodate Fund
Fixed Asset Fund
Family Centre Fund
Food Cabin Funds
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General Fund
**Restricted funds**
Well-Come Fund
Little Lambs Fund
Accommodate Fund
Fixed Asset Fund
Family Centre Fund
Food Cabin Funds
**TOTAL FUNDS**|At 1.7.24
£
94,042
956
3,947
701
24,616
10,961
12,692
53,873
147,915
Incoming
resources
£
103,972
9,251
-
-
-
4,000
57,554
70,805
174,777|Net
movement
At
in funds
30.6.25
£
£
23,008
117,050
(956)
-
(3,947)
-
(323)
378
(8,206)
16,410
(9,171)
1,790
18,661
31,353
(3,942)
49,931
19,066
166,981
Resources
Movement
expended
in funds
£
£
(80,964)
23,008
(10,207)
(956)
(3,947)
(3,947)
(323)
(323)
(8,206)
(8,206)
(13,171)
(9,171)
(38,893)
18,661
(74,747)
(3,942)
(155,711)
19,066|
|---|---|---|
continued...
Page 14
**WELLSPRING FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the year ended 30 June 2025**
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.7.23
£
**Unrestricted funds**
General Fund
64,387
**Restricted funds**
Elevate Fund
287
Well-Come Fund
11,474
Little Lambs Fund
500
Accommodate Fund
917
Fixed Asset Fund
32,822
Family Centre Fund
16,887
Food Cabin Funds
8,601
71,488
**TOTAL FUNDS**
135,875
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General Fund
69,437
**Restricted funds**
Elevate Fund
-
Illuminate Fund
32
Well-Come Fund
10,000
Little Lambs Fund
10,429
Accommodate Fund
-
Fixed Asset Fund
-
Family Centre Fund
41,425
Food Cabin Funds
39,978
101,864
**TOTAL FUNDS**
171,301|Net
movement
At
in funds
30.6.24
£
£
29,655
94,042
(287)
-
(10,518)
956
3,447
3,947
(216)
701
(8,206)
24,616
(5,926)
10,961
4,091
12,692
(17,615)
53,873
12,040
147,915
Resources
Movement
expended
in funds
£
£
(39,782)
29,655
(287)
(287)
(32)
-
(20,518)
(10,518)
(6,982)
3,447
(216)
(216)
(8,206)
(8,206)
(47,351)
(5,926)
(35,887)
4,091
(119,479)
(17,615)
(159,261)
12,040|
|---|---|
continued...
Page 15
**WELLSPRING FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2025**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
Elevate Fund
Well-Come Fund
Little Lambs Fund
Accommodate Fund
Fixed Asset Fund
Family Centre Fund
Food Cabin Funds
**TOTAL FUNDS**|At 1.7.23
£
64,387
287
11,474
500
917
32,822
16,887
8,601
71,488
135,875|Net
movement
in funds
£
52,663
(287)
(11,474)
(500)
(539)
(16,412)
(15,097)
22,752
(21,557)
31,106|At
30.6.25
£
117,050
-
-
-
378
16,410
1,790
31,353
49,931
166,981|
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
Elevate Fund
Illuminate Fund
Well-Come Fund
Little Lambs Fund
Accommodate Fund
Fixed Asset Fund
Family Centre Fund
Food Cabin Funds
**TOTAL FUNDS**|Incoming
resources
£
173,409
-
32
19,251
10,429
-
-
45,425
97,532
172,669
346,078|Resources
Movement
expended
in funds
£
£
(120,746)
52,663
(287)
(287)
(32)
-
(30,725)
(11,474)
(10,929)
(500)
(539)
(539)
(16,412)
(16,412)
(60,522)
(15,097)
(74,780)
22,752
(194,226)
(21,557)
(314,972)
31,106|
|---|---|---|
**Elevate Fund -** A support group for people with ME and Chronic Fatigue Syndrome (CFS), and their family carers, who live in mid-Norfolk.
**Illuminate -** A weekly in term-time youth group for 11-19 year-olds, providing a safe and fun place to meet up. **Well-come Fund -** A thrice-weekly support group to those recovering from mental health problems aimed at rehabilitating and encouraging members back into their local communities. Members are referred to Well-come from the local NHS mental health team.
**Accommodate -** Accommodating and supporting people facing or in danger of homelessness in the Dereham area on their road to restoration
continued...
Page 16
**WELLSPRING FAMILY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2025**
## **11. MOVEMENT IN FUNDS - continued**
**Little Lambs -** Befriending and supporting parents, grandparents and carers of babies and toddlers, and provide a safe, secure environment for children to learn and play.'
**Food Cabin Fund -** Providing affordable everyday supplies to those in need in Dereham **Accommodate -** Providing support to those who are part of the Accommodate programme **Fixed Asset Fund -** The Fixed Assets of the Charity
**Family Centre Fund -** For use of the Family Centre itself rather than a specific activity.
The Restricted funds are wholly represented by the Charity's cash reserves.
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 June 2025.
Page 17