PRIORY PROJECT

Registered charity 517222 · accounts filings on the Charity Commission register · also known as PRIORY HOUSE, PRIORY HSE

Priory Project provides life skill training opportunities and support for a better quality of life for our residents. We work with our residents to encourage them to become as independent as possible according to their ability. Residents are supported by staff who offer the highest possible standard of care. Residents have choice and are encouraged to make decisions for themselves in all matters.

Objects

The Objects of the Charity, for the public benefit, are to promote and assist the general relief of people with learning difficulties in the county of Pembrokeshire by providing a care home service to those who have need of such facilities and assisting in the development of life skills, both personal and environmental, to reach their full potential for people with learning difficulties without distinction as to race, age or sex, or political or other opinions.

Area of benefit: DYFED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Disability · Accommodation/housing · website · Get email alerts

Latest income
£620k
Latest spending
£721k
Registered
1986
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity made a loss of £101,311 during the year, resulting in a decrease in total funds from £899,825 to £798,514. Per the trustees' report, free reserves of £397,980 remain in excess of the stated policy target of £360,749, which equates to six months of annual expenditure. The charity operates a registered home for adults with learning disabilities and is managed by an unpaid board of trustees.

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

What the accounts disclose

Reserves policy: at least 6 months of annual expenditure which equates to £360,749 (held: £398k)
“The Charity’s reserves policy is to hold at least 6 months of annual expenditure which equates to £360,749”
Per its FY2025 accounts as filed with the Charity Commission.

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

In its annual return the charity told the Commission it is also regulated by: Care Inspectorate Wales (CIW). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£620k
Total spending
£721k
Reserves (reported)
£725k
Employees
16

Reported reserves equal ~12.1 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£620k£721k
31/12/2024£585k£609k
31/12/2023£654k£536k
31/12/2022£534k£441k
31/12/2021£423k£346k

Common questions

Is PRIORY PROJECT financially healthy?

Per its FY2025 accounts: The accounts state that the charity made a loss of £101,311 during the year, resulting in a decrease in total funds from £899,825 to £798,514. Per the trustees' report, free reserves of £397,980 remain in excess of the stated policy target of £360,749, which equates to six months of annual expenditure. The charity operates a registered home for adults with learning disabilities and is managed by an unpaid board of trustees. Its FY2025 accounts were independently examined.