REGISTERED COMPANY NUMBER: 1201060 IEngland and Wal•$l
REGISTERED CHARtrY NUMBER.. 1201060
REPOR7 OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEM8ER 2024
FOR
TI￿LL5PRlNG ANGLICAN CHURCH
IPE141BROKÉSHIREI
8evan Buckland LLP
Charte￿d Accountants
Castte Chambers
6 Weslgale Hill
Pembrokè
Pembrokeshire
SA714LB

WELLSPRING ANGLICAN CHURCH
IPEM8ROKESHIREI
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR EIIDED 31 DECEMBER 2024
Pag•
Report ofthe Trust
1 10 2
Indgpond•nt Ex•mln•rfs Report
Statement of Flnandal Actlvltles
Balanc• Sh•ot
Not•• to the Flnan¢ial Statement8
6 10 9
D•lall•d Ststwnont of Flnan¢lal AGtlvttl•s
10

WELLSPRING ANGLICAN CHURCH
IpeMBROKesHIREI
REPORT OF THE TRLISTEES
FOR THE YEAR ENDED 31 DECEkl8ER 2024
The Irustees who are also directors ol lh8 charity for lh8 purposes of Ihe Compani8s Act 2006. presenl their report with
riThancial statements of the tharily lor Ihe yeaf ended 31 December 2024. The trustees have adopted th8 provisions
of Ac¢wnlin9 and ReportiThJ by Charities." Slalement of Re¢ornmended Practi￿ applicab18 to charities pr8paan9 their
account$ in accordanco hith Ihe Financial Rewrting S18ndard applicable in the UK and Republic of Irdond IFRS 1021
leff8CtiV8 1 January 20191.
08JECTIVES AND ACTNMES
OblectS¥•5 and alrns
Wellspnna exists for ihe advancgmenl and pr￿lamatIon of thg Christian faith.
During 2024 wollspn.ro held a ￿eklY 58rvic8 of worship, a weekly prayer rne81iThJ and a %%tèkly bible study. These took
pkee alongsKbe other 8cth"wties such as parish vi&ting, evangelistic gvenis, mission 8etivilias.
The Injstees habt congstently endeavoured to pursue our tharita￿e airns.
OuriThJ 2024, the sole employee Ilhe rector) worked alongsh* vdunteers in dl BCti¥itses conducted by the church.
ACHIEVEMENTS AND PERFORMANCE
Charftabte actlvt11•6
Wdlspring h85 offered care and support lo vaThius rnernt*rs of our community through pray8r. vi8rting the Sick etc...
M8mb8r5 oltha ehw¢* have been supported in th8ir day to day IivÈs by Ouf minister and ourtrustees.
Wdlwng have ￿)stad a nurnb8r of 8vents IDr church members and for the wider comrnunity in 1Sn8 wSth our charitsbje
aims Its prodaim th8 chriS￿.8n f8ith. Wdlspring has grown nun*rically during the year past.
FINANCIAL REVIEW
Flnanclal pmldon
During Ihe year the charity rerx)rdgd a dsffieit of È6.798. Due to historical 8urplu¥ thg Truslgès aro rY)t (oncemed
tagafding tr*ir Current f￿ana81 position.
Principal fundlng ¥ource•
The Charity is priMar￿Y supM•d th￿￿9h voluntary regular giving and on• off donatio￿.
Im1￿¢m•nI pollcy and obloctiv•$
The oharity does no¢ hold investments.
ReBerv•s poll¢y
The T￿S￿e$, whilst recognlslng ts need for è Reserve Policy. have ¢Jetemilned the appropriatè of reseNe to be
held is £2,5Q).
STRUCTVRE, GOVERNANCE AND IAANAGEMENT
Goveming document
The ¢harity is gov8rn•rl by the CIO'$ consb"tution.
Re¢rultrnent and appointment of n•w trustee8
TNstees are appointed Intem￿lY by thè &xlstsn9 Irustgeg. Al trust8e5 ar8 requ¥r•d lo consent to our foundirg
do¢umen¢6 including cw Slaternents of belief and pTrctSce.
I￿ganisatIonal stntrclur•
Wdlspring operates as part of Anglican ConvocatH)n in Europe 18 itself a CIO. Hty%*ver, as a charSty in ifs
ry*4n right Wollspring is self govewThThJ.
REFERENCE AMD ADMINISTRATIVE DETAILS
R•gister•d Comp•ny numbar
1201060 (England and Walgs)
R¢glstornd Ch•rlty rtUm￿r
1201(￿0
R•glst•rgd offl
Chestnut Cotts9e
Rose Valley
Li)wer Larnphey Road
Pembroke
SA71 SNH
Pag8 1

WELLSPRING ANGLICAN CHURCH
IPEMBROKESHIIEI
RepoRT OF THE TRUSTEES
FOR THE YEAR ENDED 310ECEM8ER 2024
Tru¥t•
Revd J Maynard
M A Hughes
Mr5 L F￿1$tOne
A S Hay%Yard lappolnted 1.5.251
Revd J A C BaFd8r (appointed 9.6.251
Mrs H M 8ookless (appointed t2.6.251
Company S•¢r•tary
Independ￿t Examlnor
Bevan Bu¢kland LLP
Chortared Accountan
C8slÈ Qiamt*rs
6 Weslgate Hill
Pembroke
Pembrokeshire
SA714LB
Approved by OTderofthe board ol trnateea on ..
2g./i.o./..z...?.............
and siqned on tts behalf by.
Rewl J Maynard- Trust•e
Pag8 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
WELLSPRING ANGUCAN CHURCH
IPEMBROKESHIREI
independ•nt •xarnln•V$ report to tho trust•e$ of Wellspring Anglican Church (Pembroktshlrel {'¢h• Compa￿)
report to the ¢hartty tnjslees on my èxamination of the accounts of the Company for the year ended
31 Decembef 2024.
R•sponslbllltles and basls of report
A5 the charitls trustees of the Company land 81so its d1￿ctOrS ts the purposes of Company lawl you a￿ resp)nsitle for
Ihe pr8paration ol th8 accounts in accordance wilh Ihe requlrÉm8nls of the Companie5 Act 2006 Ilh8 2006 ACVI.
Hawn9 satisfied myself that th8 gccounts of ts Company are not requir8d io bè audrted under Part 16 01 the 2006 Act
and are eligitAe for indep8ndenl 8xaminab"on. I report in respèct of my 4xamina￿n of your charitys auounls 85 carri8d
out under Section 145 of the Charities Act 2011 (the 2011 Acri. In caryng out my e¥arnination I have lollow•J the
Direets"ons given by th6 Charity Cornrnission vnder secti(￿ 145151 Ibl OF the 2011 Act.
Indopondent examlno¢s stat•m•nt
I have coM￿et6d rny 8xaminatiOn. I confimi thai no Maile￿ havè eom8 to my attanllon In connectlon wth the
8xaminatior¢ giwThJ me eause to believe..
countirg re¢c*ds ￿re not kept in r8sp8cI of the Company as rgqulred by Sectwjn 386 of tho 20C6 Act., or
the accounts do not accord wlh those ￿cOrdS,. or
the ac(#)unls do not compby with tho a¢counting requirernent8 of sectic￿ 396 01 the 2Q)6 Act other Ihan any
r8quir8mènl tlwt the accc*Jnts gi￿ a true and lair vthv bthich is Th)t a matter cA￿SIdered a$ part 01 8n
ind8pendeTht exarninal￿n". or
ihe accwnls have not been prepared in accordance h￿th the met1￿)d$ and yincip18s ol the Statement of
Recommended Pr8Ctic¢ for aCC￿nting and ￿porting by charities lapplicable lo charib.os preparing Ih¢ir
accounts in accordanc8 vAlh th8 Financial ReportiNJ Slandard appliC8￿e in the UK ènd Republic of Irdand {FRS
10211.
I hava conc8ms and have ry)me xross no other rnattgws in connecbon ￿th the examinalTon lo which attenth￿ shoukl
bè drawn in ihls report in order to gnable 8 p¥yr underslandlng ol the a¢￿V￿t6 to be reachgd.
C8rollne J
Bevan gu¢Mand LLP
Chart8red AcC￿n(ants
C8$18 Chambers
6 We5tgale Hill
Pgmbroke
Pembrokeshlre
SA714LB
33 0(&E)*J 2£>xS
P4è3

bYELLSPRING ANGLICAN CHURCH
IPeM8ROKESHIREI
STATEMEPn OF FINANCIAL ACTIVITES
FOR THE YEAR ENOED 31 DECEMBER 2024
Period
18.11.22
Year Ended
31.12.24
Tolal
funds
31.1223
Total
fund5
Unrestricted
ftJThJ
Reslric18d
fund
INCOMe AND ENDovHeNTS FROM
Dollatsons and legaGles
24,862
25,362
23,668
EXPENDITURE ON
c￿￿tabl• •¢tlvltl••
Delivering the carits.es obJ"•¢tl¥es
31,6
5(X)
32,160
9.278
NET INCOMEIIEXPENDrruREI
Transf•fs b•tw••n ftjnds
16,7981
2.507
16.7981
14,390
12,5071
Net movement In fund•
14.2911
12,5071
16,7981
14.Wa)
RECONCIUATION OF FUNDS
Total funds brought forward
28.968
3.507
32.47S
18,OB5
TOTAL FUNDS CARRIED FORWARD
24,677
1,000
25.677
32,475
The r￿18$ forrn part of th8se financid Stateme￿15
Page 4

WELLSPRING ANGLICAN CHURCH
IPEM8ROKESHIREI
BALANCE SHEET
31 DECEMBER 2024
2024
Tolal
funds
2023
Total
funds
UnrestrKted
fvnd
Restricted
fund
Notes
CURRENT ASSETS
Cash at bank anil In hand
25.217
1,500
26.717
32,475
CREDITORS
AJnounls falling due wthin one year
15401
15001
11,0401
NET CURRENT ASSETS
24.677
25,677
32,475
TOTAL ASSETS LESS CURRENT LIABILMES
24,677
25.677
32.475
NET ASSETS
24,677
1.000
25,677
32,475
FUNDS
Unrestricted lunds
Reslricied lunds
24.677
1,000
28.968
3.507
TOTAL FUNDS
25.677
32.475
The eharitable cornpany is entiugd lo txamption Irom audlt under Sectlon 477 of thè QJmp8rMas Aet 20￿ for the year
ended 31 December 2024.
The mernbers have not leoul￿d the rrmpany to rt>tsin an audit of its ffinanclal stsiefflents for Ihe ￿ar anded
31 Dec8tnb8r 2024 In atrAxdance wth Sectirffi 476 of th• Companies Act 2006.
The twstees ad¢novAe(19e ththr rèsponsbbi1th8S for
lal
ensuring that the charitable company keeps a¢￿￿￿tIng record5 that comTAy Sethons 386 and 387 of the
c￿nPanieS Act 2006 and
preparing financial slalements which g¢¥e 8 trus 3t5d fair view of the slate of affairs of the charit81Ag wmpany as
al the gnd ol 8ach financkgl year 8nd of its Sur￿￿$ or deficit for each ffftancial y88r in 8ccordarft wth the
requlrements of Sec￿& 394 and 395 and b¥hkh othewsg comply with Ihe r8quiTem8nts Df the Cornpanies Act
2006 relating to finan￿81518teme￿1* $0 lar as ap￿1¢able to Ihe charitable cofflpany.
Thesè finanaal statements hav6 been prepargd in a¢eord8nee wth thè provisK*ns appliCa￿e io tharit*8 COrnpan￿5
subiecl to the small cc#rpanies regtme.
ststernents w8r8 apwov8d by tre Board of Trust88s and authorisgd for Sssuo
and were s¥)ned ort its beh811 by..
on
J Maynard- T￿stee
J A C Barder- Trustee
The notes form part ￿ th858 financial statements
Pag6 S

WELLSPRING ANGLICAN CHURCH
IPEMBROKESHIREI
NOTES ro THE FINANCIAL STATEMENTS
FOR THE YEAR EPIDED 31 DECEMBER 2024
ACCOUNTING POUCIES
8asl# of prep•rfftg the finan6lal stst•mnts
The financi81 slatements of th8 charilable company. which is 8 pU￿1C bereftt entily under FRS 102. have been
prepored in ￿￿dance With the Chariues SORP IFRS 1021 'Accounbng and Reportill9 by Charities.. Stalemenl
of Recommended practi￿ applicaNe to ¢hanties p￿paring thelr ac¢ounts in accordance wth Ihe Financial
Roporting Stsnd8rd applicable in the UK and Republic ol lleland IFRS 102118ff8Ctive 1 January 20191., Financial
Reporting Standard 102'The Financial Reporting Standard apr4icatye in th8 UK and ReputAic of Ireland. and Ihe
Companies Acl 2006. The financial stalements have been prepared under Ihe hiSt￿Cal cost convention.
In¢ome
l income is recognis8d in Statement of Finan¢k?l A¢ts'vllie$ once Ihe charily has enlitlement to the lunds, it
is protrable thal the iK(m6 whll be receNed and the amount can be measured reli8bly.
Exp•ndltu
Liabilities are recoDnised as 8XP8nditure 8s 8s tt)ere is a l*Jal or ¢onstrucbv8 oNi9ation c£¥nmittsng th8
charrty lo thal expenditure, it is probable that a transfer ol ecknnomic beneftts wll te required in setuement and
the amount of th8 obligation can bè measured reliatly. Expenditure Is accounted for on an accDJal$ basls and
has tjeen classifi8d under headrys that aggregate all ￿5t rela￿d to the categcry. Where costs cannol b¢
diT￿tty attributed to parb"cular headings they have been alloca18¢J to 3clivitl8S Dn a basis Consistent vmh th8 use
of restyjrees.
Taxatlon
The charity i5 exempt from corporation tsx on rts charitsble activitiÈS.
Fund a¢¢ountlnq
Unrestricted funds ￿ be used in accordance wth the charitable obSecbve$ at ts discretifm of the trustees.
Restricted fijnds cAn only be used ￿ particular restricted pUrp￿S vlithin the objeeis of the charfty. Restrlctlon8
arise when specified by th8 don£¥ or bvhen funds ale rnised for particular re51rKtéd purposes.
Furlher 8xp4anatk)n of the nafvre and purpose (rf each fu#d Is Induded in the notes to the financkgl ststem8nts.
Pènlion eosts and other post-r•lir•rngnt b8n•f
The charitable company opgrales a defined contributk)n pension stheme. Contributions p8y8ble to the
ch8ritsble compafiys pension Stheme are ch8rged io thg Sr8t•menl ol Fin￿Gla1 Actlwlies in the period to which
they relat8.
TRUSTEES. REMUNERATION AND BENEFITS
PeriL*J
18.11.22
Ye8f Ended
31.12.24
31.12.23
Trustee$. Salaries
Truste¢s' pension £￿￿tributiOnS to money purchase Sth￿s
19,888
20,187
See ￿lated party note 8.
Tty$t￿. ¢Mp•nJes
The￿ wefe no tnJst888' eXP8nses pald for Ihè year 8nded 31 08cemb8r 2024 rK)r for the period eThJed
31 Decemter 2023.
Pag8 6
continuod...

WELLSPRING ANGLICAN CHURCH
IPEMBROKESHIREI
NOTES TO THE FINANCIAL STATEMENYS- ¢ontlnu•d
FOR THE YEAR ENDED 31 DECEM8ER ZOZ4
STAFF COSTS
The average monthty number of employee5 durin9 lh8 y8ar was as follow5..
Period
18.11.22
Yèar Ended
31.12.24
31.12.23
Full and part *afl
No empk)yee6 receIV￿ emrAumenls in ex￿$$ 01 £60,000.
COMPARATIVES FOR rNe STATEMENT OF FINANCIAL ACTMllES
Unreslrict*J
fund
Reslrlcted
fund
Total
(unds
INCCAIE AND ENDOWIIIENTS FROM
Donab'ons and1gga¢ie$
19,161
4.507
23.668
EXPENDMIRE ON
¢harflable aCti￿tIeS
Deljvering the caribès obiectNes
8.278
9,278
ET WCOIIE
10,883
3.507
14.3
RECONCILIATION OF FUNDS
Total funds broughl loN￿rd
18.085
18.085
TOTAL FU14DS CARRIED FORWARD
28,968
3,507
32.475
RESTRICTED FUNDS
DurirvJ the year Ihe Charity received 8 dooations 01 £500 from 8 p8rishion8r. Th8 donation was r•gtrteted, to
be used as parishioner support.￿1 amounts wero spent in year, no arnounts outstanding.
CREDITORS: AMOU1￿ FALLING DUE wmiiN ONE YEAR
2024
2023
Othgr ued*lors
Accrued èxpenses
540
1,040
MOVEMENT IN FUNDS
Tr8n6fers
be￿8811
fund5
At
31.12.24
At 1.1.24
in fittKIs
Unr•strkt•d lund¥
General fund
28,968
16.7981
2.507
24.677
R•striet•d funds
Re51ricted fund
S.507
12.5071
1,000
TOTAL FUNDS
32,475
16,7981
25.677
Page 7
continU8d...

WELLSPRING ANGLICAN CHURCH
IPEM8ROKESHIREI
MOTES TO THE FINANCIAL STATEMENTS- ¢ontlnu•d
FOR THE YEAR ENDEO 31 OECEMBER 2024
MOVEMENT IN FUNDS- conifjnu
Net movement in fu￿1$. incI￿led in the above aig follow5..
Incomlng
rosour
Re8ource8
expend8d
Movernent
in funds
Unrestrictod fund4
General lund
24,862
131,6601
16,7981
Restrlcted funds
Restricted fund
500
15CQI
TOTAL FUNDS
25,362
132.1601
{6.7981
Comparatl¥e• lor movement in funds
Net
nTh)vement
in ftjnds
Al
18.11.22
At
31.12.23
Unre$trl¢ted fund•
Genefal fund
18,085
10,883
28,968
RostrlGl•d fvttds
R88tricle(I fund
3,507
3.507
TOTAL FUNDS
18.085
14.390
32,475
ComparatlV8 net rr￿￿ment in lunds, ￿GI￿e￿ ITr Ihe above are as frAkx4s:
IncDmirrfJ
re5OJTce$
Reseurces
eXp￿ded
Movement
In fvrKJs
Unrestrict•d fund•
Gèneral fund
19,161
18.2781
10.883
R•$trfct•d fvnds
Reslricted fund
4.507
11.(X)01
3.507
TOTAL FIJMDS
23.668
19.2781
14.390
Transf•rs b•lw••n funds
Th8 re5tsicted bJnd5 brought forwa￿ r8Garding the Rw8nd8 prci8Ct was inccrrect. The expenditure relating lo the
Rwanda pro1￿1 was mado in 2022 and was not match8d to thè apwopriaia fund. Thorelore a Iranslgr Irom the
strided lund to the unrestrie1￿ fund wès made.
Page 8
continu8d...

WELLSPRING ANGUCAN CHURCH
IPEMBROKESHIRÉI
NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnu•d
FOR THE YEAR ENDED 31 DECEMBER 2024
RELATED PARTY DISCLOSURES
Dunng the perbd under r￿e￿ a salary and pensi￿1 ¢ontributions ￿re made to Revd J Maynard. a Trustee.
Thls compl￿$ ￿th the charty's fA)n3lilutk)n and no amounts w8ra outs&nding at the year 8nd.
Page 9

WELLSPRING ANGLICAN CHURCH
IPEMBROKESHIREI
DEfAILeD STATEMENT OF FINANCIAL ACTMn&8
FOR THe YEAR ENDED 31 DECEMBER 2024
PariL
Year Ended
31.12.24
31.12.23
INCOME AND ENDOWMENTS
Donatlons and logacl
Gifts
Dty)8tions
Klaynar4 Famly
Minister
Rwanda Conference
1.775
23,587
5,262
13,899
2.507
25.362
23,668
Totsl incoming ruourc•*
25,362
23.66B
EXPENDITURE
CharftablB aGtIth
Tru8le88' sdari85
Trustees, pension LX)ntributions
Hall and offlce hi
Insurance
Sundries
Maynard Family
M155bn
Ministries
Facilities
Anglican Conv(tabon
Personnel
ParishK)ngr8 YUPPOrt
19.888
299
3,781
289
378
3,372
249
170
676
426
1,356
2.737
431
1.530
336
500
30.330
9,278
Support costs
Support costs
Account8n¢y 10OS
Professi￿81 fe8S
Payrt41 fees
Training ￿$15
540
377
653
1,830
Total resources eypended
32.160
9,278
Net (expendl￿ttYlncoM*
16.7981
14.390
Ths pagè doe6 nol form part ofthe ststutory fin8nts818lalements
Pag• 10