INTERNATIONAL PRAISE CENTRE
The charity promotes Christian Religion in the United Kingdom and the world for the benefit of the public through holding church services, prayer meetings and lectures to enlighten others about Christian Religion
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,357,506, an increase from the previous year's £1,046,588. The charity reported a net incoming resource of £310,918 for the year, funded by voluntary income and the sale of property. Long-term liabilities of £596,020 are held in bank loans, resulting in net assets of £1,357,506.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (08/09/2022)
Trustees
- Ernest Atta-Antwi
- Esther Frimpomaa
- Rev CLAUDE ALFRED HALM-ADJEPONG
- Rev Yaw Sarpong
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £762k | £451k |
| 31/03/2024 | £984k | £275k |
| 31/03/2023 | £705k | £456k |
| 31/03/2022 | £222k | £144k |
| 31/03/2021 | £120k | £121k |
Common questions
Is INTERNATIONAL PRAISE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,357,506, an increase from the previous year's £1,046,588. The charity reported a net incoming resource of £310,918 for the year, funded by voluntary income and the sale of property. Long-term liabilities of £596,020 are held in bank loans, resulting in net assets of £1,357,506. Its FY2025 accounts were independently examined.
Who funds INTERNATIONAL PRAISE CENTRE?
Funders whose own accounts filings name INTERNATIONAL PRAISE CENTRE as a grant recipient include THE LONDON BAPTIST ASSOCIATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE LONDON BAPTIST ASSOCIATION | FY2023 | £12k | Material grant included in Note 12 |
| THE LONDON BAPTIST ASSOCIATION | FY2022 | £12k | |
| THE LONDON BAPTIST ASSOCIATION | FY2024 | £0 |
Funders of similar charities
Charities like this
- HOUSE OF PRAISE TRUST
- COMMAND PRAYER CENTRE MINISTRIES INTERNATIONAL
- CITY PRAISE CENTRE CIO
- PRAISE CHAPEL
- RELEASE INTERNATIONAL
- WORLD PRAYER CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INTERNATIONAL PRAISE CENTRE | £762k | — | 0 | unclear | — | no doubt |
| HOUSE OF PRAISE TRUST | £1.7m | — | — | below | — | no doubt |
| COMMAND PRAYER CENTRE MINISTRIES INTERNATIONAL | £209k | — | 0 | unclear | — | noted |
| CITY PRAISE CENTRE CIO | £763k | — | 0 | unclear | — | no doubt |
| PRAISE CHAPEL | £569k | — | — | unclear | — | no doubt |
| RELEASE INTERNATIONAL | £3.7m | £60,000 - £69,999 | 1 | above | — | no doubt |