OUR LADY OF FIDELITY GENERAL TRUST
The provision of financial support to the Order of Our Lady of Fidelity's religious communities at Upper Norwood, Folkestone and India. The development of a new Apostolate at Folkestone consisting of a chapel for the local community, day care for 2 to 5s and individually guided retreats.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £13,170 for the year ended 31 December 2024, resulting in total unrestricted funds of £1,205,576. The trustees acknowledge uncertainties regarding future cash reserves and forecasts, noting that economic difficulties suggest a further decrease in reserves, though they remain confident resources will be adequate for the foreseeable future.
What the accounts disclose
“Donations and legacies 69,246” — page 7
“It is the policy of the trustees to maintain sufficient reserves to ensure the smooth running of all activities in the event of a sudden loss of income. The reserves are kept at a level to finance the Charity's declared objectives and support the charitable activities and objectives of Our Lady of Fidelity Established at Upper Norwood, London (245644), if required.. The reserves policy is being reviewed continuously.” — page 3
Register events
- Received assets from another charity (29/06/2012)
Trustees
- Sister Sister Bernadette BA HONS MAchair
- OluFemi Olugbenga Oresanya
- Rev JOY ALAPPAT
- Sister Sandra Davey BA Hons
- Sr Meena Raphel Arakkal Sr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £160k | £173k |
| 31/12/2023 | £187k | £161k |
| 31/12/2022 | £96k | £137k |
| 31/12/2021 | £119k | £245k |
| 31/12/2020 | £122k | £346k |
Common questions
Is OUR LADY OF FIDELITY GENERAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £13,170 for the year ended 31 December 2024, resulting in total unrestricted funds of £1,205,576. The trustees acknowledge uncertainties regarding future cash reserves and forecasts, noting that economic difficulties suggest a further decrease in reserves, though they remain confident resources will be adequate for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHEPPERTON COMMUNITY CHURCH | 1 | £5.5m |
| GRACE CHURCH EXETER | 1 | £642k |
| HOPE CHURCH WINCHESTER | 1 | £87k |
| CITY CHURCH BRISTOL | 1 | £83k |
| GRACE CHURCH SALISBURY | 1 | £69k |
| CITYGATE CHURCH | 1 | £28k |
| GRACE CHURCH CHICHESTER | 1 | £23k |
| RELATIONAL MISSION | 1 | £16k |
Charities like this
- THE COMMUNITY OF ST JOHN BAPTIST GENERAL PURPOSES CIO
- THE PAROCHIAL CHURCH COUNCIL OF FAWKHAM AND HARTLEY
- PARISH OF EAST HAM, HOLY TRINITY
- Religious of the Sacred Heart of Mary, Immaculate Virgin, EAP
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH DORE
- COMMISSION APOSTOLIC TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OUR LADY OF FIDELITY GENERAL TRUST | £160k | — | 0 | unclear | — | no doubt |
| THE COMMUNITY OF ST JOHN BAPTIST GENERAL PURPOSES CIO | £234k | Under £60,000 | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF FAWKHAM AND HARTLEY | £105k | — | 0 | above | — | no doubt |
| PARISH OF EAST HAM, HOLY TRINITY | £345k | — | 0 | unclear | — | no doubt |
| Religious of the Sacred Heart of Mary, Immaculate Virgin, EAP | £1.3m | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH DORE | £403k | — | 0 | above | — | no doubt |