Trustees’ Annual Report for the period
From 18/11/22 Period start date To 31/12/23 Period end date
Charity name: Wellspring Anglican Church
Charity registration number: 1201060
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Wellspring exists for the advancement and proclamation of the Christian faith |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
During 2023 Wellspring held a weekly service of worship, a weekly prayer meeting and a weekly bible study. These took place alongside other activities such as parish visiting, evangelistic events, mission activities. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have consistently endeavoured to pursue our charitable aims. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | N/A |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | During 2023 all of the activities of wellspring were conducted by volunteers, some of whom were trustees. |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Wellspring has offered care and support to various members of our community through prayer, visiting the sick etc… Members of the church have been supported in their day to day lives by our minister and our trustees. Wellspring have hosted a number of events for church members and for the wider community in line with our charitable aims to proclaim the Christian faith. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity has a significant surplus of income over expenditure and is in a healthy financial position |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | A buffer is held in our accounts to ensure ongoing financial stability. |
| Amount of reserves held | Para 1.22 | £2,500 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no concerns about the financial future of this charity |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
The charity is primarily supported through voluntary regular giving and one off donations. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | N/A |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed internally by the existing trustees. All trustees are required to consent to our founding documents including our statements of belief and practice. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | Wellspring operates as part of the Anglican Convocation in Europe which is itself a CIO. However, as a charity in it’s own right Wellspring is self governing. |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Wellspring Anglican Church |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1201060 |
| Charity’s principal address | Chestnut Cottage, Rose Valley, Lower Lamphey Road Pembroke SA71 5NJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Joshua Phillip Maynard |
Chair, Rector | |||
| Malcolm Alexander Hughes |
||||
| Catherine Cumine | ||||
| Linda Foulstone | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Joshua Phillip Maynard Position (eg Secretary, Chair of Trustees Chair, etc) Date 13/10/2024
WELLSPRING ANGLICAN CHURCH INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Restricted INCOME EXPENDrruRE Direct Giving 10,699.48 Collection Box 3,199.66 Gifts 5.261.83 Rwanda Conferen 2.5(.96 Maynard Family 1,000.00 Maynard Family 1,000.00 Minister 1,000.00 Refund St Twynells 20.00 Hire of Hall 3,371.50 248.79 Mission 431.27 Ministries 646.20 Facilities 1,544.10 AngfKxn Convocation 1.530.16 Personel 336.41 MislIaneOUS 190.00 19.180.97 4.5.96 23.687.93 8.298.43 1.000.00 9.298.43 ExsS of Income over Expenditure 14,389.50 23,687.93 23,687.93 Balan at Bank 01.01.2023 18.085.29 Balan at Bank 31.12.2023 31,179.09 1,000.00 32,179.09 295.70 Reslricted funds ExsS of Income over Expenditure 14,389.50 Cash in hand 32.474.79 32.474.79 I have inspected the records of the Wellspring Anglican Church and I would confirm that from these and explanations furnished to me, that the above Income and Expenditure Account reflects a true and fair view thereof. THE EYRIE JASON ROAD FRESHWATER EAST PEMBROKE SA71 SLE MICHAEL A COLLEY F. C. A.. CHARTERED ACCOUNTANT 1st October 2024