Let $G$ be a compact group. For $1leq pleqinfty$ we introduce a class of Banach function algebras $mathrm{A}^p(G)$ on $G$ which are the Fourier algebras in the case $p=1$, and for $p=2$ are certain algebras discovered in cite{forrestss1}. In the case $p ot=2$ we find that $mathrm{A}^p(G)cong mathrm{A}^p(H)$ if and only if $G$ and $H$ are isomorphic compact groups. These algebras admit natural operator space structures, and also weighte