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PRIME COMMITMENT LIMITED

Registered charity 1152342 · accounts filings on the Charity Commission register · also known as PRIME

PRIME:AN ALLIANCE OF LAW FIRMS/LEGAL DEPARTMENTS ACROSS THE UK WHO HAVE MADE A COMMITMENT TO BROADEN ACCESS TO THE EGAL PROFESSION. FIRMS OFFER WORK EXPERIENCE TO YOUNG PEOPLE FROM LESS PRIVILEGED BACKGROUNDS WHO MIGHT OTHERWISE NOT HAVE THE OPPORTUNITY TO ACCESS CAREERS IN THE LEGAL WORLD. MEMBERS ACTIVELY TRY TO ENSURE THAT ANYONE WHO WANTS TO ENTER THE WORLD OF LAW HAS AN EQUAL CHANCE TO DO SO.

Causes: Education/training · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£154k
Latest spending
£153k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £148,212, which exceeds the charity's stated policy target of approximately £70,000 (equivalent to six months of recurring expenditure). The directors consider the financial position to be satisfactory and have prepared the statements on a going concern basis, noting that membership fees remain modest and members continue to demonstrate strong commitment.

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

What the accounts disclose

Largest income source: Membership subscription (99% of income)
“Membership subscription 152,800”
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 148212.0% of fundraised income, as disclosed
“PRIME’s closing unrestricted fund balance for the year ended 30 April 2025 was £148,212 (2024: £147,012 as restated). The directors consider the financial position of PRIME to be satisfactory.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: approximately six months of recurring charitable expenditure, totalling £70,000 (held: £148k)
“Additionally, the directors aim to maintain minimum reserves in unrestricted funds equivalent to approximately six months of recurring charitable expenditure, totalling £70,000.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Subscriptions from law firms where board members are partners
“For the year ended 30 April 2025 the Company received £13,000 from five related parties (2024 - four related parties £10,000). These amounts represent subscriptions made by law firms of which the respective member of the board is a partner.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — PRIME Commitment (matched by registered charity number).

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

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

Operates in: Northern Ireland

Income and spending

Financial year endIncomeSpending
30/04/2025£154k£153k
30/04/2024£177k£142k
30/04/2023£136k£94k
30/04/2022£146k£119k
30/04/2021£72k£111k

Common questions

Is PRIME COMMITMENT LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £148,212, which exceeds the charity's stated policy target of approximately £70,000 (equivalent to six months of recurring expenditure). The directors consider the financial position to be satisfactory and have prepared the statements on a going concern basis, noting that membership fees remain modest and members continue to demonstrate strong commitment. Its FY2025 accounts were independently examined.