HOMES OF PROMISE
Homes of Promise primarily care for street boys in Kampala, Uganda; through George's Place a transitional home for boys we support them into full time education and vocational training, reconciling them with their families. The new life skills enable these young people to make a positive contribution to society. We are a Christian organisation working with boys from different faiths/ backgrounds.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £4,520 for the year ended 31st December 2025, with total income decreasing to £89,780 from £99,412 in the previous year. Unrestricted reserves stood at £23,347, which the trustees note is within their stated policy target of 3 to 6 months of planned operating expenditure (£15,000 to £30,000). The independent examiner confirmed that no matters came to their attention requiring further disclosure.
What the accounts disclose
“general reserves should be at a level commensurate to 3 to 6 months of planned operating expenditure. This is between £15,000 and £30,000.”
Funders the charity credits
- The Church of the Ascension, Wembley
Trustees
- JANE KATHRYNE DAVIDSONchair
- GEOFFREY STANLEY HILL
- Heather Lynne Holgate
- JAMES TABORN DAVIDSON
- Rev IAN HAMILTON CROFTS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £90k | £94k |
| 31/12/2024 | £99k | £95k |
| 31/12/2023 | £93k | £94k |
| 31/12/2022 | £89k | £88k |
| 31/12/2021 | £66k | £66k |
Common questions
Is HOMES OF PROMISE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £4,520 for the year ended 31st December 2025, with total income decreasing to £89,780 from £99,412 in the previous year. Unrestricted reserves stood at £23,347, which the trustees note is within their stated policy target of 3 to 6 months of planned operating expenditure (£15,000 to £30,000). The independent examiner confirmed that no matters came to their attention requiring further disclosure. Its FY2025 accounts were independently examined.
Who funds HOMES OF PROMISE?
Funders whose own accounts filings name HOMES OF PROMISE as a grant recipient include ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, WORLD DAY OF PRAYER NATIONAL COMMITTEE FOR ENGLAND, WALES AND NORTHERN IRELAND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | FY2024 | £5k | Overseas education |
| WORLD DAY OF PRAYER NATIONAL COMMITTEE FOR ENGLAND, WALES AND NORTHERN IRELAND | FY2023 | £5k | Project Grants |