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2024-03-31-accounts

PrayGo Trust – Trustees Annual Report for the period 22nd October 2022 to

31st March 2024

PrayGo Trust is a Charitable Incorporated Organisation (CIO), registered in England and Wales with the Charity Commission, registered number: 1200835; company number CE030538.

Purpose and background

PrayGo Trust uses technology to help people engage with prayer and connect with faith and community.

It was set up by our Chair, Rev Liz England, to support the development of the PrayGo smartphone app – designed to enable people everywhere to share prayer requests on a virtual map of their neighbourhood; and for others to post prayers in response. As well as promoting faith and enabling engagement with churches and Christian organisations, the app aims to help people connect with others in their community and bring benefits of being outdoors, overcoming isolation and being a positive influence on mental health.

Our charitable object is:

To advance the Christian faith for the public benefit by providing opportunities for prayer and connecting people with Christian communities through the provision of a prayer app / platform to enlighten others about the Christian faith.

Our Trustees

Our trustees are:

Rev Elizabeth England (Chair)

Emma Major

Rev Michael Fitzsimmons

Steve Savage

Rev Hilary Savage

Rev Charlotte Gompertz

Rev Susan Round (Treasurer)

Activity

We are at an early stage of the charity and the development of the PrayGo app.

During the period we have been:

We have raised sufficient funds to develop the first stage of the app – we have defined the requirements and completed the specification of functions and features. The developers are now ready to create the app as soon as we have raised the funds for the next stage.

Public Benefit

In all our decisions and activities as trustees of PrayGo Trust, we believe we have had due regard to the Charity Commission’s guidance and our operation has been according to our governing document and our charity object (stated above).

Plans for next stage

Our plans for the next period are to continue to raise awareness of the project and to raise funds for the development and launch of the PrayGo app.

We will seek to work within and beyond our existing networks to build interest and momentum for the PrayGo app to launch successfully.

We want to see this technology used to help more people connect through prayer with Christian faith and with others. The PrayGo app offers so many benefits once it is available. We will also continue to prepare the charity for growth.

Financial Accounts

Our accounts for the period are included separately.

Our banking has been with Zempler Bank.

We are in the process of moving our account to Lloyds Bank.

Income
Expenditure
Net income
PrayGo Trust
Statement of Financial Acitvities
22nd October 2022 - 31st March 2024
Unrestricted Funds
Restricted Funds
Total Funds
Grants
-
Donations (Charitable activities)
1,722.17
1,722.17
Tax relief
-
Interest
-
Other
-
TOTAL
1,722.17 - 1,722.17 -
Charitable activities
- 1,152.00
Fundriaisng costs
Governance
Overheads
Trustee costs
TOTAL
- 1,152.00 - - -
570.17 - 1,722.17 -
Prior Year
Total Funds
PrayGo Trust
Balance Sheet
Cash at bank – Zempler
570.17
Cash in hand
-
less restricted funds:
-
-
-
-
-
-
Unrestricted funds
22nd October 2022 - 31st Mar

-
570.17






-
570.17