Profits halve at house of prayer

THE directors of the company that operates the House of Prayer on Achill Island in Co Mayo said they have taken steps to ensure its survival.

The directors of Our Lady Queen of Peace House of Prayer (Achill) Ltd made the statement after revenues and cash profits halved last year.

Accounts filed with the Companies’ Office show that the religious retreat centre had accumulated profits of €1.69 million at the end of December last.