PRECIOUS SEED
Publishing Christian magazine and books and electronic media
Objects
THE FURTHERANCE OF EVANGELICAL CHRISTIANITY AND TO PROMOTE SUPPORT AND UNDERTAKE SUCH ACTIVITIES IN THE UNITED KINGDOM AND WORLDWIDE AS ARE CONSISTENT WITH THE STATEMENT OF DOCTRINE AND PRACTICE IN THE FIRST SCHEDULE OF THE TRUST DEED.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves fell to £70,005, which is below the trustees' ideal target of covering 18-24 months of running costs. The trustees explicitly acknowledge that the work may not be sustainable in its present form beyond 2026 and are discussing ceasing operations. Consequently, the financial position is characterized by a net expenditure for the year and significant uncertainty regarding future continuity.
What the accounts disclose
“At the 2025 year-end the trustees acknowledge that the reserves shown in the balance sheet were below this ideal target level.” — page 3
“As these accounts show, the trustees are aware that the work may not be sustainable in its present form beyond 2026. Discussions are underway in relation to the future of the work, including ceasing operations within the next financial year.” — page 3
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
- JOHN WILLIAM BENNETTchair
- Andrew Paul Dutton
- Anthony Stevenson
- Dr Frank Anthony Proudlock
- Dr Jeremy Singer
- Graeme Andrews
- MR SANDY JACK
- Robert Davies
- Stephen Mark Sherwin
- Thomas Owen Merriman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £84k | £80k |
| 31/08/2024 | £57k | £83k |
| 31/08/2023 | £78k | £79k |
| 31/08/2022 | £55k | £85k |
| 31/08/2021 | £72k | £86k |
Common questions
Is PRECIOUS SEED financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves fell to £70,005, which is below the trustees' ideal target of covering 18-24 months of running costs. The trustees explicitly acknowledge that the work may not be sustainable in its present form beyond 2026 and are discussing ceasing operations. Consequently, the financial position is characterized by a net expenditure for the year and significant uncertainty regarding future continuity. Its FY2025 accounts were independently examined.