PROMISE WORKS LIMITED
Provides long-term volunteer mentoring for vulnerable and disadvantaged children and young people in Somerset.
Financial health, per its FY2025 accounts
The accounts state that the charity experienced a significant reduction in income during the year, with total income falling to £326,154 from £446,196 in the prior period. Despite this decrease, the charity maintained its operations by drawing down on its unrestricted reserves, which reduced from £327,527 to £314,123. The trustees confirm that the financial statements are prepared on a going concern basis, citing the free reserves held and careful planning as the basis for this assessment.
What the accounts disclose
Funders the charity credits
- National Lottery Awards for All Fund
Trustees
- Robert Petochair
- Kama Hannah McKenzie
- Kevin Anthony O'Donnell
- Laura Emma Mary STAPLES
- Nickie Gething
- Rebecca Suzanne Bird
- Tula Knight
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £326k | £379k |
| 30/11/2024 | £446k | £376k |
| 30/11/2023 | £374k | £318k |
| 30/11/2022 | £321k | £264k |
| 30/11/2021 | £249k | £197k |
Common questions
Is PROMISE WORKS LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity experienced a significant reduction in income during the year, with total income falling to £326,154 from £446,196 in the prior period. Despite this decrease, the charity maintained its operations by drawing down on its unrestricted reserves, which reduced from £327,527 to £314,123. The trustees confirm that the financial statements are prepared on a going concern basis, citing the free reserves held and careful planning as the basis for this assessment. Its FY2025 accounts were independently examined.
Who funds PROMISE WORKS LIMITED?
Funders whose own accounts filings name PROMISE WORKS LIMITED as a grant recipient include IRWIN MITCHELL CHARITIES FOUNDATION, THE NINESQUARE TRUST, THE CYRIL AND EVE JUMBO CHARITABLE TRUST, THE PRUDENCE TRUST, THE PERIVOLI FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| IRWIN MITCHELL CHARITIES FOUNDATION | FY2023 | £188k | |
| THE NINESQUARE TRUST | FY2024 | £58k | Mentoring for vulnerable and disadvantaged young people (net amount after write-back) |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | FY2024 | £33k | |
| THE PRUDENCE TRUST | FY2024 | £30k | Core costs |
| THE PRUDENCE TRUST | FY2022 | £30k | Core costs |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | FY2023 | £28k | |
| THE NINESQUARE TRUST | FY2022 | £20k | Grant agreed but not paid / ongoing funding |
| THE PERIVOLI FOUNDATION | FY2022 | £15k | |
| THE PERIVOLI FOUNDATION | FY2023 | £10k | |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | FY2025 | £10k | |
| THE ADFAL TRUST | FY2024 | £4k | |
| WILFRID AND CONSTANCE CAVE FOUNDATION | FY2025 | £3k | |
| THE ADFAL TRUST | FY2025 | £3k | |
| SOMERSET COMMUNITY FOUNDATION | FY2023 | £2k | |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | FY2022 | £500 | |
| THE NINESQUARE TRUST | FY2025 | £0 | Recurring grant (paid in Dec 2024, no accounting debit in 2025) |
| THE FAIRFIELD CHARITABLE TRUST | FY2022 | £0 | |
| THE ADFAL TRUST | FY2023 | — |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/03/2026 | £20k | Trauma Counselling for Mentees who have experienced ACE's |
| Somerset Community Foundation | 24/05/2022 | £15k | Business development, including recruiting a general manager to supervise staff and volunteers while growing the charity |
| Somerset Community Foundation | 07/04/2022 | £2k | Training new volunteer mentors to support young people on the edge of care |
| Somerset Community Foundation | 04/10/2019 | £23k | Mentoring vulnerable and disadvantaged children and young people in Somerset |
| Somerset Community Foundation | 06/09/2019 | £5k | Core costs |
| Somerset Community Foundation | 25/07/2019 | £110k | Integrating the mentoring of vulnerable young people into Bridgwater’s future |
| UK government | 01/01/2019 | £9k | Tampon Tax Community Fund |
| Somerset Community Foundation | 08/02/2017 | £6k | PROMISEworks |