The Wellspring(Stockport) Limited
Analysis
The Wellspring(Stockport) Limited is a registered charity in England and Wales, based in Stockport. It was registered in June 2014, 12 years ago. Its declared purposes cover general charitable purposes, education/training, the advancement of health or saving of lives and disability, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 08880312). It says it provides human resources, provides buildings/facilities/open space and provides services.
In the financial year ending March 2025, The Wellspring(Stockport) Limited reported income of £570k and spending of £493k, spending 87% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £510k to £570k (+12%), an average of +2.8% a year. The sharpest change came in the year to March 2023, when income rose by 39%. Over the whole period it spent 76% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Wellspring(Stockport) Limited sits at the 85th percentile: it is larger than about 85% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Mothers for Mothers (£570k), Base 51 (£570k) and Captain Paul Watson Foundation UK (£569k).
In its latest detailed accounts, income came from donations and legacies 70%, charitable activities 14%, trading 11% and investments 3.0%. Gifts in wills alone brought in £131k. Charitable activities took 99% of spending and raising funds 0.5%. Reserves of £430k would cover about 10 months of spending at that rate. It employed 11 people.
Income and spending
Where the income comes from
- Donations 47%
- Legacies 23%
- Charitable activities 14%
- Trading 11%
- Investments 3.0%
- Other 1.2%
In the charity's own words
To provide food, drinks, clothing and a hot shower every day of the year to homeless and disadvantaged people plus advice on housing, debt, jobs, health( with a nurse available 2 days a week and a doctor 2 days a week) and drugs and alcohol and classes in English, Maths, IT and art. To provide advocacy on benefit and housing appeals. To promote health, safety and confidence building.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mothers for Mothers | Bristol | £570k |
| Base 51 | Nottingham | £570k |
| Captain Paul Watson Foundation UK | London | £569k |
| Luton Friendship Homecarers | Luton | £570k |