THE PRESENCE CHARITABLE TRUST
The objectives are to advance the Christian religion in the United Kingdom through the holding of prayer meetings, the provision of training on Christian themes, holding events and producing and/or distributing literature on Christianity to enlighten others about the Christian religion.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £4,155,691 at the end of 2025, which is below the trustees' stated policy target of three months' operating costs. The charity reported a net deficit for the year of £40,615, primarily driven by a decrease in the value of its investment portfolio, although it maintained an operating surplus from charitable activities.
What the accounts disclose
“The Charity's primary funding source in 2025 was investment income.” — page 4
“PCT's policy is to hold unrestricted cash reserves equivalent to three-month's operating costs in addition to the Trust's long term income generating stock reserves.” — page 4
“Stephen Cardell is a trustee and throughout the year has incurred expenses on behalf of the charity. At the year end Mr Cardell owes the charity £347. At the prior year end the charity owed Mr Cardell £287.” — page 14
Trustees
- STEPHEN CARDELLchair
- Jonathan Mark Wilson
- KATY CARDELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £191k | £172k |
| 31/12/2024 | £119k | £147k |
| 31/12/2023 | £73k | £39k |
| 31/12/2022 | £53k | £24k |
| 31/12/2021 | £48k | £14k |
Common questions
Is THE PRESENCE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £4,155,691 at the end of 2025, which is below the trustees' stated policy target of three months' operating costs. The charity reported a net deficit for the year of £40,615, primarily driven by a decrease in the value of its investment portfolio, although it maintained an operating surplus from charitable activities. Its FY2025 accounts were independently examined.
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- THE PARTNERSHIP TRUST
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- HOUSE OF PRAISE TRUST
- THE CROSS TRUST
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PRESENCE CHARITABLE TRUST | £191k | — | 0 | unclear | — | no doubt |
| THE PARTNERSHIP TRUST | £206k | Under £60,000 | 0 | within | — | no doubt |
| THE LINCOLN DIOCESAN TRUST AND BOARD OF FINANCE LTD | £11.1m | — | — | below | — | no doubt |
| HOUSE OF PRAISE TRUST | £1.7m | — | — | below | — | no doubt |
| THE CROSS TRUST | £707k | — | 0 | unclear | — | no doubt |
| THE MATTHEW 25 35 TRUST | £107k | — | 0 | unclear | — | no doubt |