## **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
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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 Mis￿lIaneOUS 190.00 19.180.97 4.5￿.96 23.687.93 8.298.43 1.000.00 9.298.43 Ex￿sS 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 Ex￿sS 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