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2025-03-31-accounts

Wellspring

Charity accounts

For the year ending 31[st] March 2025

Charity Number: 1183111

Page 1 of 6

Wellspring (Charity number: 1183111) For the year ended 31 March 2025 Reference and administrative information

On 3[rd] March 2021 the request to change the name of the charity from the Mikveh Project UK to Wellspring was approved by the Charity Commission.

Charity number 1183111 (Charitable Incorporated Organisation) Country of registration England & Wales Registered office 13 Woodberry Way, London, N12 OHE

Trustees

Trustees who served during the year and up to the date of this report were as follows:

Rabbi Miriam Berger Resigned April 2025 Ms Sue Pearlman (Interim Chair) Mr Joseph Gamse Rabbi Rose Prevezer Ms Juliet Simmons Ms Rebecca Verlander Ms Cheryl Brodie

Consultant N/A

Bankers CAF Bank 25 Kings Hill Ave, Kings Hill, West Malling ME19 4JQ

The charity has not yet appointed solicitors and is not required to have financial review or audit.

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Wellspring (Charity number: 1183111)

For the year ended 31 March 2025

Notes to the Financial Statements

The trustees present their report and the audited financial statements for the year ended 31 March 2025.

Objectives and activities

Our aim is to create a physical space where the wellbeing of all people, across Jewish communities, is prioritised and the powerful ritual of mikveh can be used by all people to mark meaningful moments in their lives.

Wellspring will provide an innovative, purpose-built centre which addresses our mental, physical and spiritual health in one space. It will incorporate therapy rooms and communal spaces built around two mikveh pools - natural waters associated with renewal, transition and healing.

It will be a welcoming, inclusive and non-judgmental Jewish space for people of all genders, from all faiths and people of non-religious beliefs. It will offer a preventative and therapeutic approach to good mental health, promoting resilience building and incorporating Jewish rituals such as immersion into active wellbeing and recovery.

The objectives are:

It has been a year of 2 halves. Rabbi Miriam Berger, our Founder Director, started concentrating her focus on Wellspring from September 2024, having stepped away from her community pulpit. Therefore, the first half of the year up until September 2024 was very quiet and since then we have moved forward in a substantial way. She began by concentrating on creating a business plan and budget to ensure the charity, when fully built and operational, will be a viable entity. She then created a programming action plan for work that could be done before we have a physical centre to build up an understanding of who we are and start to offer some of our basic programming. She also spent time finding donors who she would later approach to be our seed-funders. That along with speaking with other charities who will become partners in the care wellspring will ultimately provide. All of that made it 6 months of seeing Wellspring start to evolve from an idea into a reality. The trustees have given a great deal of time to support the charity as we evolve into this next chapter and are supporting Rabbi Miriam to search for the perfect site to turn our charity into a thriving centre of wellbeing in the future.

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) governed by a Constitution (registered on 25th April 2019 as the Mikveh Project UK). On 3rd March 2021 the name of the charity was changed to Wellspring.

Apart from the founding trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

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Wellspring (Charity number: 1183111)

For the year ended 31 March 2025

Notes to the Financial Statements

The charity does not yet have paid staff. Wellspring is governed by a Board of Trustees, with a minimum membership of three. At the end of March 2025 there were 7 trustees. All trustees give their time voluntarily and receive no benefits from the charity. No trustees reclaimed expenses from the charity.

Any person who is willing to act as a trustee, and who would not be disqualified from acting as one, may be appointed to be a trustee by a decision of the Board of Trustees.

In the year to 31st March 2024, the Board met four times. In addition, trustees provided significant ongoing support to the organisation throughout the year.

Public benefit

The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance, published by the Commission, in determining the activities undertaken by the charity. The trustees are satisfied that the aims and objectives of the charity, and the activities reported on above to achieve the aims, meet these principles.

Fundraising

Wellspring’s fundraising was led by the trustees.

We have ensured we are in line with the GDPR data protection regulations and all other relevant codes of conduct. We do not pressure supporters to make gifts and respect decisions to stop giving. We received no complaints about our fundraising practices.

Risk Management

Key risks in this development stage include securing income and maintaining adequate cashflow. To progress the project into the next stage funds will need to be secured in order to employ professional staff and consultants.

Financial review

In this development stage, Wellspring’s reserves policy states that it will aim to ensure that it has between three- and six-months’ worth of working capital to cover its operational expenses. This policy will be reviewed annually.

Wellspring started the year with a balance of £12,125. In the period to 31st March 2025, Wellspring received a further £29,412 in donations (all unrestricted), £1,555 in programme-related revenue from workshops, and £41 in interest. Total spending amounted to £12,133, including £9,947 spent on engaging a consultancy, Changing Times Ltd, to produce budgets and projections to inform fundraising. Wellspring had an end of year balance of £31,000.

Breakdown of expenditure is shown in on page 5.

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Wellspring (Charity number: 1183111)

For the year ended 31 March 2025

Notes to the Financial Statements

Declaration

The trustees would like to thank the volunteers who generously gave their time during the year, and all the people who have supported the Project.

The trustees’ annual report has been approved by the trustees on 18.12.2025 and signed on their behalf by

Signature: Sue Pearlman

Sue Pearlman (Dec 31, 2025 11:52:58 GMT)

Email: sue.pearlman@btinternet.com

Ms Sue Pearlman

Interim Chair of the Board of Trustees

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Wellspring (Charity number: 1183111)

For the year ended 31 March 2025

Notes to the Financial Statements

otes to the Financial Statements otes to the Financial Statements otes to the Financial Statements otes to the Financial Statements otes to the Financial Statements
Receipts and payments accounts for the period 01/04/2022 to 31/03/2025 CC16a
Section A: Receipts and payments
Unrestricted
funds (£)
Restricted
funds (£)
Total funds (£)
Receipts
Voluntary Donations 29,412 - 29,412
Programme-Related Revenue 1,555 1,555
Interest 41 41
Total receipts 31,008 - 31,008
Payments
Professional services 10,513 - 10,513
Event costs 1,620 1,620
Misc costs
Total payments 12,133 - 12,133
Net of receipts/(payments) 18,875 18,875
Cash funds last year end 12,125 12,125
Cash funds this year end 31,000 31,000
Section B: Statement of assets and liabilities at the end of the period
Unrestricted
funds (£)
Restricted funds (£)
B1: Cash funds 31,000 -
Total cash funds 31,000 -

The financial statement was approved and authorised for issues by the Board of Trustees on 18.12.2025 and signed on its behalf by:

Signature: Sue Pearlman Sue Pearlman (Dec 31, 2025 11:52:58 GMT)

Email:

Email: sue.pearlman@btinternet.com Ms Sue Pearlman

Signature:

Joseph Gamse (Dec 18, 2025 19:12:24 GMT) Email: joe.gamse@gmail.com

Joseph Gamse

Interim Chair of the Board of Trustees

Trustee

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FINAL FY 24-25 Accounts Wellspring for

signature

Final Audit Report

2025-12-31

Created: 2025-12-18 By: Joe Gamse (joe@jct.org) Status: Signed Transaction ID: CBJCHBCAABAAnbk2mCT016hfL4BvqL4p0wX-dSXeRAca

"FINAL FY 24-25 Accounts Wellspring for signature" History

Document created by Joe Gamse (joe@jct.org)

2025-12-18 - 7:10:58 PM GMT

Document emailed to Joseph Gamse (joe.gamse@gmail.com) for signature

2025-12-18 - 7:11:02 PM GMT

Email viewed by Joseph Gamse (joe.gamse@gmail.com)

2025-12-18 - 7:11:57 PM GMT

Document e-signed by Joseph Gamse (joe.gamse@gmail.com)

Signature Date: 2025-12-18 - 7:12:24 PM GMT - Time Source: server

Document emailed to Sue Pearlman (sue.pearlman@btinternet.com) for signature 2025-12-18 - 7:12:26 PM GMT

Email viewed by Sue Pearlman (sue.pearlman@btinternet.com) 2025-12-31 - 11:51:50 AM GMT

Document e-signed by Sue Pearlman (sue.pearlman@btinternet.com)

Signature Date: 2025-12-31 - 11:52:58 AM GMT - Time Source: server

Agreement completed.

2025-12-31 - 11:52:58 AM GMT