CATHOLIC TRUTH SOCIETY (DIOCESE OF SALFORD)
The advancement of religion by promoting knowledge of the Catholic faith and its practice among both Catholics and Non Catholics via the circulation of books and publications.
Objects
TO ADVANCE RELIGION,IN PARTICULAR,BY PROMOTING KNOWLEDGE OF BOTH THE CATHOLIC FAITH AND ITS PRACTICE AMONG CATHOLICS AND NON CATHOLICS
Financial health, per its FY2024 accounts
The accounts state that the charity closed its bookshop in February 2024 and prepared financial statements on a basis other than going concern. Per the trustees' report, unrestricted reserves stood at £50,799, which management considers adequate against a policy target of six months of expenditure.
What the accounts disclose
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be a minimum of 6 months of the expenditure.” — page 6
“Due to the above, the Trustees do not consider the charity to be a going concern and a basis other than going concern has been adopted for the preparation of these financial statements.” — page 6
Policies the charity declares
- Conflicting interests
- Paying staff
- Safeguarding vulnerable beneficiaries
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 1
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 1
Self-declared on the annual return for the financial year ending 31/12/2022
- Volunteers: 1
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/12/2022 (received 11/01/2024, 72 days after the 31/10/2023 due date).
Trustees
- Bishop Arnoldchair
- Brendan McCafferty
- EDWARD NALLY
- Eamonn ONeal OBE
- Elizabeth Therese Lilley
- Mary Hunter
- Peter Fahy
- Rev CHRISTOPHER DAWSON
- Rev Michael Cooke
- Rev Michael David Jones
- Rev PETER HOPKINSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £0 | £0 |
| 31/12/2024 | £30k | £42k |
| 31/12/2023 | £109k | £178k |
| 31/12/2022 | £105k | £130k |
| 31/12/2021 | £105k | £99k |
Common questions
Is CATHOLIC TRUTH SOCIETY (DIOCESE OF SALFORD) financially healthy?
Per its FY2024 accounts: The accounts state that the charity closed its bookshop in February 2024 and prepared financial statements on a basis other than going concern. Per the trustees' report, unrestricted reserves stood at £50,799, which management considers adequate against a policy target of six months of expenditure. Its FY2024 accounts were audited by Crowe UK LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £25k |
| CATHOLIC CHARITABLE TRUST | 1 | £8k |
| THE SISTERS OF THE POOR CHILD JESUS | 1 | £6k |
| THE IDLEWILD TRUST | 1 | £5k |
| EDITH BESSIE GIBSON TRUST | 1 | £3k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, STEVENAGE | 1 | £138 |
Charities like this
- THE SALFORD DIOCESAN TRUST
- THE INCORPORATED CATHOLIC TRUTH SOCIETY
- SALTISFORD CHURCH
- WORD AND WORSHIP TRUST
- CATHOLIC TRUST FOR ENGLAND AND WALES
- CLARENDON TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CATHOLIC TRUTH SOCIETY (DIOCESE OF SALFORD) | £0 | — | 0 | above | — | not going concern |
| THE SALFORD DIOCESAN TRUST | £29.7m | — | — | unclear | — | no doubt |
| THE INCORPORATED CATHOLIC TRUTH SOCIETY | £2.0m | £110,001 - £120,000 | 1 | above | — | no doubt |
| SALTISFORD CHURCH | £206k | — | 0 | above | — | no doubt |
| WORD AND WORSHIP TRUST | £78k | — | 0 | unclear | — | no doubt |
| CATHOLIC TRUST FOR ENGLAND AND WALES | £10.3m | — | — | above | — | no doubt |