The Promised Land Project
HOLDING REGULAR CHURCH WORSHIP SERVICES
Objects
1 TO ADVANCE THE CHRISTIAN FAITH (IN ACCORDANCE WITH THE STATEMENT OF BELIEFS) IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT2 TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT; AND3 TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT
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
“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
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Safeguarding policy and procedures
- Volunteer management
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.
Charities like this
- REDEEMED CHRISTIAN CHURCH OF GOD: PLACE OF HIS PRESENCE
- BROADSTONE METHODIST CHURCH
- PORTCHESTER FREE CHURCH TRUST
- LIMOGES CHARITABLE TRUST
- BEFORE THE THRONE CHURCH
- FOREST HILL COMMUNITY CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Promised Land Project | £32k | — | 0 | below | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD: PLACE OF HIS PRESENCE | £38k | — | 0 | unclear | — | no doubt |
| BROADSTONE METHODIST CHURCH | £137k | — | 0 | unclear | — | no doubt |
| PORTCHESTER FREE CHURCH TRUST | £149k | — | 0 | above | — | no doubt |
| LIMOGES CHARITABLE TRUST | £69k | — | 0 | within | — | no doubt |
| BEFORE THE THRONE CHURCH | £149k | — | 0 | unclear | — | no doubt |