Charity Accounts Intelreading the accounts so you don’t have to

THE PRAYERHOUSE

Registered charity 1192424 · accounts filings on the Charity Commission register · also known as NEW COVENANT CHURCH WEYMOUTH, SOUL FOOD

The church meets weekly and other times to worship God and for teaching on the Bible. Regular youth work takes place including a camp. The church also looks to help the disadvantaged in the community through the Soul Food programme.

Causes: The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£147k
Latest spending
£158k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a deficit of £11,232.44 for the year, with total expenditure of £158,308.95 exceeding income of £147,076.51. Despite this loss, the trustees report that reserves remain at a healthy level, comprising £14,725 in general unreserved funds, £39,022 in designated funds, and £217,357 in restricted funds.

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

What the accounts disclose

Reserves policy: sufficient free reserves in order to maintain the current level of activity and careful maintenance of assets (held: £15k)
“The intention is to maintain sufficient free reserves in order to maintain the current level of activity and careful maintenance of assets.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Paul White received £39,420 for his role as Pastor.
“Paul White is a Trustee of the charity and therefore a related party. During the year Paul White received fees of £39420 for his role as Pastor of the church.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Paul White, a trustee, received £39,420 in fees for his role as Pastor. He does not receive payment for his role as a trustee.
“Paul White is a Trustee of the charity and therefore a related party. During the year Paul White received fees of £39420 for his role as Pastor of the church. Paul White does not receive payment for his role as a trustee.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

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

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Trustees · trustee networks

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

Operates in: Dorset · Greece · India · Romania · Ukraine

Income and spending

Financial year endIncomeSpending
31/03/2025£147k£158k
31/03/2024£151k£140k
31/03/2023£155k£174k
31/03/2022£156k£18k

Common questions

Is THE PRAYERHOUSE financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £11,232.44 for the year, with total expenditure of £158,308.95 exceeding income of £147,076.51. Despite this loss, the trustees report that reserves remain at a healthy level, comprising £14,725 in general unreserved funds, £39,022 in designated funds, and £217,357 in restricted funds. Its FY2025 accounts were independently examined.