ASBOL LTD

Registered charity 1044509 · accounts filings on the Charity Commission register

Propagation of the Roman Catholic Faith and an understanding of its teaching; education of people in the experience of Christianity; creation of a missionary presence in society to bring the Roman Catholic Faith into the lives of people.

Objects

(1) TO PROPAGATE THE ROMAN CATHOLIC FAITH AND UNDERSTANDING OF ITS TEACHING (2) TO EDUCATE PEOPLE IN THE EXPERIENCE OF CHRISTIANITY (3) TO CREATE A MISSIONARY PRESENCE IN SOCIETY IN ORDER TO BRING THE ROMAN CATHOLIC FAITH INTO THE LIVES OF PEOPLE IN WORK SCHOOLS FACTORIES AND OTHER PLACES OF THEIR ORDINARY LIVES

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Religious Activities · Get email alerts

Latest income
£134k
Latest spending
£168k
Registered
1995
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £34,935 for the year, resulting in a decrease in total funds from £2,015,242 to £1,980,307. The trustees confirm that assets are available and adequate to meet future obligations, with no material uncertainties identified regarding going concern. The charity holds significant unrestricted reserves of £1,912,707 against a small restricted fund balance of £67,600.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Rents (87% of income)
“Of this, £117,147 was from rent received, with the remaining £17,135 coming from donations to the Charity.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan from member Association Colombano & Bonifacio
“On 12 May 2024 the Charity received an additional interest free loan from the member Association Colombano and Bonifacio in the sum of £1,900,000. The total amount due to the member is £2,470,000.” — page 10
“During the year G Marcato (a trustee) paid £11,615 to the Charity in respect of donations (£7,135) and rent (£4,480).” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments from trustee G Marcato
“On 12 May 2024 the Charity received an additional interest free loan from the member Association Colombano and Bonifacio in the sum of £1,900,000. The total amount due to the member is £2,470,000.” — page 10
“During the year G Marcato (a trustee) paid £11,615 to the Charity in respect of donations (£7,135) and rent (£4,480).” — page 12
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£134k£168k
31/12/2023£118k£103k
31/12/2022£102k£82k
31/12/2021£84k£75k
31/12/2020£94k£77k

Common questions

Is ASBOL LTD financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £34,935 for the year, resulting in a decrease in total funds from £2,015,242 to £1,980,307. The trustees confirm that assets are available and adequate to meet future obligations, with no material uncertainties identified regarding going concern. The charity holds significant unrestricted reserves of £1,912,707 against a small restricted fund balance of £67,600. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MATER ECCLESIAE CIO.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ASBOL LTD£134k—0unclear—no doubt
MATER ECCLESIAE CIO FY2025£354k—0above—no doubt
SISTERS OF CHRISTIAN EDUCATION CIO FY2025£292k—0above—no doubt
THE C3 CHURCH FY2024£2.4m—0unclear—no doubt
CHARITY FOR ROMAN CATHOLIC PURPOSES ADMINISTERED IN CONNECTION WITH THE CONGREGATION OF THE FRANCISCAN MISSIONARY SISTERS (LITTLEHAMPTON) FY2025£2.4m—0above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH DORE FY2025£403k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.