THE PRESENCE CHARITABLE TRUST

Registered charity 1119926 · accounts filings on the Charity Commission register

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.

Objects

1) TO ADVANCE THE CHRISTIAN RELIGION IN THE WATFORD BOROUGH COUNCIL BOUNDARY 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.2) TO FURTHER OR BENEFIT THE COMMUNITY WITHIN THE WATFORD BOROUGH COUNCIL BOUNDARY WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS.

Area of benefit: WATFORD BOROUGH COUNCIL BOUNDARY

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Religious Activities · Economic/community Development/employment · Get email alerts

Latest income

£191k

Latest spending

£172k

Registered

2007

Accounts read

FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investments (94% of income)

“The Charity's primary funding source in 2025 was investment income.” — page 4

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: three-month's operating costs (held: £4.2m)

“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

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: 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.

“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

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management

Trustees · trustee networks

STEPHEN CARDELLchair
Jonathan Mark Wilson · trustee of 1 other charity
KATY CARDELL

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

Operates in: Throughout England

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PARTNERSHIP TRUST.

THE PARTNERSHIP TRUST income £206k
THE LINCOLN DIOCESAN TRUST AND BOARD OF FINANCE LTD income £11.1m
HOUSE OF PRAISE TRUST income £1.7m
THE CROSS TRUST income £707k
Islington Gospel Trust Limited income £240k
THE MATTHEW 25 35 TRUST income £107k

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 FY2025	£206k	Under £60,000	0	within	—	no doubt
THE LINCOLN DIOCESAN TRUST AND BOARD OF FINANCE LTD FY2024	£11.1m	—	—	below	—	no doubt
HOUSE OF PRAISE TRUST FY2024	£1.7m	—	—	below	—	no doubt
THE CROSS TRUST FY2025	£707k	—	0	unclear	—	no doubt
Islington Gospel Trust Limited FY2025	£240k	—	0	above	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.