CATHOLIC TRUTH SOCIETY (DIOCESE OF SALFORD)

Registered charity 1058718 · accounts filings on the Charity Commission register · also known as C T S (DIOCESE OF SALFORD), C.T.S. (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.

Causes: Religious Activities · website · Get email alerts

Latest income
£30k
Latest spending
£42k
Registered
1996
Accounts read
FY2024

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.

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

What the accounts disclose

Reserves policy: six months of the expenditure (held: £51k)
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
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CARITAS Diocese of Salford
During the year there were no transactions with Caritas Diocese of Salford. At the balance sheet date the amount due from CARITAS Diocese of Salford was £NIL (2023 NIL). — page 21
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe UK LLP. Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£30k£42k
31/12/2023£109k£178k
31/12/2022£105k£130k
31/12/2021£105k£99k
31/12/2020£90k£114k

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.