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UNIVERSAL PRAYER GROUP MINISTRY

Registered charity 298368 · accounts filings on the Charity Commission register · also known as UPG MINISTRIES

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Latest income
£2.0m
Latest spending
£2.0m
Registered
1988
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated total income of £1,762,462 and reported a surplus of £184,039 for the year ended 31 March 2023. However, the charity's available funds are reported as a negative balance of £5,821,001, indicating that liabilities exceed assets. The trustees' report notes a reserves policy target of approximately £6200,000, which is not met given the current negative fund position.

What the accounts disclose

Reserves policy: approximately £6200,000 (held: £-5.8m)
“The charity aims to retain sufficient free reserves equivalent to a approximately 6 200,000.” — page 13
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Francis King & Co. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.0m
Total spending
£2.0m
Cost of raising funds
£24k
Reserves (reported)
£200k
Employees
10

Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Bexley · Birmingham City · Brent · Ghana · Haringey · Kenya · Scotland · Southwark · United States

Income and spending

Financial year endIncomeSpending
31/03/2025£2.0m£2.0m
31/03/2024£1.9m£1.7m
31/03/2023£1.8m£1.6m
31/03/2022£1.6m£1.4m
31/03/2021£1.5m£1.3m

Common questions

Is UNIVERSAL PRAYER GROUP MINISTRY financially healthy?

The accounts state that the charity generated total income of £1,762,462 and reported a surplus of £184,039 for the year ended 31 March 2023. However, the charity's available funds are reported as a negative balance of £5,821,001, indicating that liabilities exceed assets. The trustees' report notes a reserves policy target of approximately £6200,000, which is not met given the current negative fund position. Its FY2023 accounts were audited by Francis King & Co.