PRAYER MISSION EUROPE

Registered charity 1180598 · accounts filings on the Charity Commission register · also known as EUROPE PRAYER MISSION, WORLD PRAYER SCHOOL (EUROPE)

Holding regular christian meetings to promote the christian faith in the community

Causes: Religious Activities · website · Get email alerts

Latest income
£45k
Latest spending
£49k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with unrestricted reserves of £298, which is significantly below its stated policy target of three months of unrestricted expenditure. The filing notes that the organization is in a good position to manage its costs, despite reporting a net payment deficit of £3,566 for the year.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £298; 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 FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£45k£49k
31/12/2023£34k£36k
31/12/2022£9k£15k
31/12/2021£23k£21k
31/12/2020£16k£7k

Common questions

Is PRAYER MISSION EUROPE financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with unrestricted reserves of £298, which is significantly below its stated policy target of three months of unrestricted expenditure. The filing notes that the organization is in a good position to manage its costs, despite reporting a net payment deficit of £3,566 for the year. Its FY2024 accounts were independently examined.