The Prema Charitable Trust — Education Charity in New Lynn

The Prema Charitable Trust is a Charitable Trust charity in the Education sector, based in New Lynn, New Lynn. Annual revenue: $1.7M NZD. 1 red flag detected. Financial data as at December 2024.

Mission: The vision of the trust is to foster a deep understanding of the highest aspiration of a human being, which is to realise self. This development of this understanding is encouraged through teaching and natural medicine, psychological studies, living in harmony with nature and each other, and spirituality. The Prema Trust serves the world and its people through education. It endeavours to make the world a better place for all beings. To promote understanding that love is the basis for the universe and this can be expressed as loving relationships with all living beings.

Registration Number
CC23161
Charity Type
Charitable Trust
Registration Date
2008-04-17
Status
Active
Sector
Education
Location
New Lynn, New Lynn
Website
https://www.kawaipurapura.co.nz
Email
phillip.cottingham@prematrust.co.nz
Data as at
December 2024

Beneficiaries: General public

Financial Summary

Total Revenue
$1.7M NZD
Total Expenses
$1.0M NZD
Total Assets
$5.9M NZD
Net Assets
$5.8M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
2
Volunteers
0
Financial Year End
2024-12-31

Financial History

YearRevenueExpensesNet Assets
2024$1.7M$1.0M$5.8M
2023$1.2M$1.4M$0.0M
2022$1.1M$1.5M$5.3M
2021$2.6M$3.0M$5.7M
2020$2.8M$2.9M$6.2M
2019$2.7M$3.4M$6.3M
2018$3.6M$3.8M$7.0M
2017$3.4M$3.8M$3.0M
2016$3.2M$3.3M$3.3M
2015$1.6M$1.6M$2.7M

Board Members and Officers

Current Officers (3)

NameRoleAppointed
Debra WymerTrustee2024-07-01
Jenny CottinghamTrustee2021-06-29
Phillip CottinghamTrustee2021-06-29

Former Officers (13)

  • Veronica Martin — Trustee (departed 2024-12-20)
  • Jeanne Waldron — Trustee (departed 2025-03-01)
  • Gary Fitzpatrick — Trustee (departed 2024-12-04)
  • Paul Gregory — Trustee (departed 2023-01-15)
  • Gareth Hoole — Trustee (departed 2022-12-31)
  • Clive Bish — Trustee (departed 2021-06-29)
  • Jeffrey Meltzer — Trustee (departed 2021-06-29)
  • Glenn Wilcox — Trustee (departed 2020-05-22)
  • Echo McRae — Trustee (departed 2017-02-01)
  • Paul Butler — Chair (departed 2020-05-22)
  • Peta Joyce — Trustee (departed 2020-05-22)
  • Lindsay Peart — Trustee (departed 2009-07-27)
  • Grant Litchfield — Trustee/chairperson (departed 2019-03-20)

Similar Charities in Education

The Prema Charitable Trust logo
EducationCharitable Trust

The Prema Charitable Trust

CC23161New Lynn, New LynnRegistered 17 Apr 2008
Data updated: 3 days ago
Financials31 Dec 2024Rating3d ago

Financial data as at December 2024. Sourced from Charities Services register.

NR
Not rated — Summary-form filing — not enough detail to grade

Charities Services Tier 3 reporting allows charities under $2M revenue to file a simple-format annual return rather than audited financial statements. The return reports totals but not the program/administration split or the line-item detail our template needs. No red flags were detected in what was filed, and revenue is below the $2M Tier 2 boundary where audited accounts become mandatory. A letter grade is withheld rather than assigning one that would be driven by the template-fit, not the charity's operations. The charity's filed figures are shown above, and any structural concerns a donor would want to look at are surfaced separately. (v3.3 — aligned with Charities Services tier boundary; matches Charity Navigator and CharityWatch US practice.)

How ratings work →

Reasons to look carefully (1)

These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.

  • No chair recorded on the register
    No chair or presiding role is recorded in the register for this board of 3. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.

Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.

Revenue

$1.7M

Expenses

$1.0M

Assets

$5.9M

Staff

2

Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.

1 red flag identified- Review the Rating tab for details

About

Mission

The vision of the trust is to foster a deep understanding of the highest aspiration of a human being, which is to realise self. This development of this understanding is encouraged through teaching and natural medicine, psychological studies, living in harmony with nature and each other, and spirituality. The Prema Trust serves the world and its people through education. It endeavours to make the world a better place for all beings. To promote understanding that love is the basis for the universe and this can be expressed as loving relationships with all living beings.

Who We Serve

Beneficiaries
General public

Key Statistics

Annual Revenue
$1.7M
Total Expenses
$1.0M
Net Assets
$5.8M
Staff
2
employees
Volunteers
0

Financial Trends

Financial Trends (17 Years)

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
67.1mo
Could operate 67.1 months with zero revenue
Over-capitalized
Fundraising Cost
-
No fundraising data
No data

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Other
Other100.0%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 62 peers · Education · $1M – $10M

Rating Score
0
#37/63
Revenue
$1.7M
#41/63
Reserve Months
0.0
#1/63
Surplus
$643K
#6/63
Staff Cost %
18%
#63/63

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

Score: /100
Financial
0
Governance
10
Transparency
65
View Full Score Breakdown

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Latest Audit

FY2024
Clean
9 years of audit history

Contact Details

Registration

Registration NumberCC23161
Entity TypeCharitable Trust
Registered17 Apr 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated1 Nov 2001
Registered office
9 GALATOS STREET AUCKLAND 1, Auckland
Differs from Charities Register address (132 Lone Kauri Road, RD 2, Karekare, New Lynn, 0772, New Lynn, New Lynn). May be stale on either register — verify with the charity if material.

Sector & Activities

Primary Sector
Education
Activities
Provides buildings / facilities / open space

Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 4 October 2026.