The Promised Land Project
HOLDING REGULAR CHURCH WORSHIP SERVICES
Latest income
£32k
Latest spending
£34k
Registered
2009
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds (reserves) stood at £116 at the end of the year, which is significantly below the stated policy target of three months of unrestricted expenditure. The charity reported a net deficit of £1,730 for the year, resulting in a sharp decline in cash funds from £1,846 to £116.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £116; policy: three months of unrestricted expenditure)
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Chinnu Rachel Thomaschair
- Binny Mathews Philip
- MANASSEH GEORGE ABRAHAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £32k | £34k |
| 31/12/2024 | £26k | £24k |
| 31/12/2023 | £19k | £19k |
| 31/12/2022 | £7k | £7k |
| 31/12/2021 | £30 | £100 |
Common questions
Is The Promised Land Project financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds (reserves) stood at £116 at the end of the year, which is significantly below the stated policy target of three months of unrestricted expenditure. The charity reported a net deficit of £1,730 for the year, resulting in a sharp decline in cash funds from £1,846 to £116. Its FY2025 accounts were independently examined.