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PLOUGHSHARES INTERNATIONAL

Registered charity 1116249 · accounts filings on the Charity Commission register

THE OBJECTS OF THE CHARITABLE COMPANY ARE TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS.

Causes: Education/training · Religious Activities · website · Get email alerts

Latest income
£59k
Latest spending
£46k
Registered
2006
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that net free reserves increased to £18,851, which is below the stated policy target of approximately three months' routine expenditure (£20,000). The charity reported a net expenditure of £13,260, funded by total incoming resources of £58,811, resulting in a positive net movement in funds.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £19k)
“free reserves should be equivalent to approximately 3 months general fund expenditure which relates to costs other than those relating to employment, plus committed future expenditure on other projects, where funds permit.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Elizabeth Peltola, a member of the Key Management Personnel, received a gross salary of £5,000 (2023: £4,889) in her position of European Director.
“Elizabeth Peltola, a member of the Key Management Personnel, received a gross salary of £5,000 (2023: £4,889) in her position of European Director. The Trustees did not make any donations to the charity during the year (2023: £nil).” — page 14
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£59k£46k
31/12/2023£53k£51k
31/12/2022£37k£56k
31/12/2021£38k£40k
31/12/2020£41k£41k

Common questions

Is PLOUGHSHARES INTERNATIONAL financially healthy?

Per its FY2024 accounts: The accounts state that net free reserves increased to £18,851, which is below the stated policy target of approximately three months' routine expenditure (£20,000). The charity reported a net expenditure of £13,260, funded by total incoming resources of £58,811, resulting in a positive net movement in funds. Its FY2024 accounts were independently examined.