Finance Score: 5

Governance Score: 6

Support Score: 4

Strong growth: +2
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3

Grant maker support: +4

Overall GiG Score: 15

24-7 PRAYER

Advancement of the Christian faith in the United Kingdom and overseas, particularly within youth culture.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£3,784	£3,564	£220	£130	£1,086	£911	3.1	22	4
31/03/22		£2,250	£1,955	£295	£87	£866	£755	4.6	25	4
31/03/21		£1,370	£1,091	£279	£45	£572	£422	4.6	22	2
31/03/20		£1,514	£1,501	£13	£29	£293	£114	0.9	21	50
31/03/19	*	£1,167	£1,108	£59	£41	£279	£134	1.5	12	50
31/03/18		£809	£810	£-2	£48	£220	£116	1.7	12	0
31/03/17		£756	£683	£73	£39	£222	£79	1.4	13	0
31/03/16	*	£516	£625	£-109	£42	£149	£96	1.8	12	0
31/03/15		£553	£557	£-5	£16	£258	£139	3	12	0
31/03/14	*	£557	£490	£67	£9	£263	£206	5	12	0
31/03/13		£483	£500	£-17	£0	£0	£0	n/a	0	0
31/03/12		£471	£475	£-4	£0	£0	£0	n/a	0	0
31/03/11		£402	£311	£92	£0	£0	£0	n/a	0	0
31/03/10		£301	£267	£34	£0	£0	£0	n/a	0	0
31/03/09		£403	£333	£70	£0	£0	£0	n/a	0	0
31/03/08		£357	£363	£-6	£0	£0	£0	n/a	0	0
31/03/07	*	£350	£343	£7	£0	£0	£0	n/a	0	0
31/03/06		£382	£386	£-4	£0	£0	£0	n/a	0	0
31/03/05	*	£253	£253	£0	£0	£0	£0	n/a	0	0
31/03/04	*	£274	£264	£10	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3.5%
Fundraising Costs/Total Spending: 3.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 25%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 84%
Reserves/Spending: 3.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 3.2

Asset Split ?

Established: 22 years

www.24-7prayer.com

info@24-7prayer.com

01483 313655

Charity Commission for England and Wales

Tweets

Listed activities

Religious Activities

GiG Classification

Christian congregations

How it operates

Makes Grants to Organisations
Provides human resources
Provides services

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

22 employees
4 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Joseph Rank Trust - 24/7 Prayer
£25,000	13/07/2020	To fund the costs of the Outreach Project
Henry Smith Charity - Grant to 24-7 Prayer
£60,000	18/02/2020 24	towards two years' salary of the Director of Prayer Spaces in Schools and the Operations and Administration role, and towards the delivery of development plans for growth over the next two years

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Age Range of Trustees: 38-60

DR NOMALUNGELO NYATHI Appointed: 2021, Occupation: Business Executive

PUI-HUNG CHEONG Appointed: 2021, Occupation: Retired

BRIAN RUSSELL Appointed: 2024, Occupation: Executive Director, Bridgetown Church

CHARLES PAUL MURRAY DOUGLAS BA (Chair) Appointed: 2018

SCOT JAMES BOWER Appointed: 2021, Occupation: Ceo

SELINA HUE YING LAU Appointed: 2024, Occupation: Solicitor

ELISA ALBERTO Appointed: 2019, Occupation: Independent Consultant And Coach

MARIUS LUKAS FREY Appointed: 2019, Occupation: Entrepreneur

PETE GREIG Appointed: 2010, Occupation: Author

Legal constitution

Charitable company registered in England & Wales on 26/03/2002, number: 1091413
Registered at Companies House on 09/03/2001, number: 04176643

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

20 returns made; AR19: 2 days late, AR16: 0 days late, AR14: 0 days late, AR07: 34 days late, AR05: 1 days late, AR04: 1 days late,

Main office

24-7 Prayer
PO Box 1563
Woking
GU21 6BG

Objectives

TO ADVANCE THE CHRISTIAN RELIGION.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE WORLDWIDE

Data Sources