Charity Accounts Intelreading the accounts so you don’t have to

THE PRAYER BOOK SOCIETY

Registered charity 1099295 · accounts filings on the Charity Commission register

Latest income
£394k
Latest spending
£408k
Registered
2003
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net outgoing resource of £127,264 for the year, driven by a £269,218 loss on investments and a deficit on centrally controlled activities. Despite this loss, unrestricted reserves stood at £1,470,620, which the trustees consider sufficient to continue operations, and the auditor confirmed no material uncertainties regarding going concern.

What the accounts disclose

Reserves policy: fixed overheads met from ordinary income; extraordinary income used to accumulate reserves (held: £1.5m)
“It is the policy of the Society that, generally and in most years, fixed overheads are intended to be met out of ordinary income. Extraordinary income is to be used to accumulate reserves” — page 12
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Richardsons.

Structured financials (annual return, FY ending 31/12/2021)

Total income
£1.0m
Total spending
£268k
Cost of raising funds
£56k
Reserves (reported)
£1.8m
Employees
5

Reported reserves equal ~81.5 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£394k£408k
31/12/2023£332k£408k
31/12/2022£235k£363k
31/12/2021£1.0m£268k
31/12/2020£210k£230k

Common questions

Is THE PRAYER BOOK SOCIETY financially healthy?

The accounts state that the charity reported a net outgoing resource of £127,264 for the year, driven by a £269,218 loss on investments and a deficit on centrally controlled activities. Despite this loss, unrestricted reserves stood at £1,470,620, which the trustees consider sufficient to continue operations, and the auditor confirmed no material uncertainties regarding going concern. Its FY2022 accounts were audited by Richardsons.

Who funds THE PRAYER BOOK SOCIETY?

Funders whose own accounts filings name THE PRAYER BOOK SOCIETY as a grant recipient include THE DYERS' COMPANY CHARITABLE TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST LEONARD, HORBURY WITH ST JOHN, HORBURY BRIDGE.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE DYERS' COMPANY CHARITABLE TRUSTFY2024£1k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST LEONARD, HORBURY WITH ST JOHN, HORBURY BRIDGEFY2024£1k
THE DYERS' COMPANY CHARITABLE TRUSTFY2023£1k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST LEONARD, HORBURY WITH ST JOHN, HORBURY BRIDGEFY2023£1k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE EARL OF NORTHAMPTON'S CHARITY1£38k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PORTISHEAD.