THE CARMELITE CHARITABLE TRUST

Registered charity 1061342 · accounts filings on the Charity Commission register · also known as THE CARMELITE CHARIBLE TRUST, THE CARMELITE FRIARS

Get email alerts for this charity

Latest income
£2.4m
Latest spending
£1.8m
Registered
1997
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity recorded a surplus of £993,717 for the year ended 31 December 2024, with total income of £2,406,620 and total expenditure of £1,826,581. The trustees report that internal financial controls are adequate and that the activities do not pose a risk to the charity’s reputation. The charity holds total capital and reserves of £23,917,248, including a General Fund of £5,659,573 available for day-to-day running costs.

What the accounts disclose

Related-party transaction: The Trust donated £294,930 to the Friars, Aylesford, a Company Limited by Guarantee which manages the Marian Shrine and other activities at Aylesford.
During the year the Trust donated £294,930 ( 2023: £242,721) to the Friars, Aylesford (a Company Limited by Guarantee) which manages the Marian ,Shrine and other activities at Aylesford. — page 20
The Trust makes a regular donation to the Carmelite General Curia in Rome. This is effectively the world-wide headquarters of the Carmelite Order and the Trust’s donation of £64,020 represents about 6% of the total budget of the Curia. — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Trust made a donation of £64,020 to the Carmelite General Curia in Rome.
During the year the Trust donated £294,930 ( 2023: £242,721) to the Friars, Aylesford (a Company Limited by Guarantee) which manages the Marian ,Shrine and other activities at Aylesford. — page 20
The Trust makes a regular donation to the Carmelite General Curia in Rome. This is effectively the world-wide headquarters of the Carmelite Order and the Trust’s donation of £64,020 represents about 6% of the total budget of the Curia. — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Trust paid £19,332 to the Carmelite Institute of Britain and Ireland (CIBI).
During the year the Trust donated £294,930 ( 2023: £242,721) to the Friars, Aylesford (a Company Limited by Guarantee) which manages the Marian ,Shrine and other activities at Aylesford. — page 20
The Trust makes a regular donation to the Carmelite General Curia in Rome. This is effectively the world-wide headquarters of the Carmelite Order and the Trust’s donation of £64,020 represents about 6% of the total budget of the Curia. — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: The Friars, Aylesford
During the year the Trust donated £294,930 ( 2023: £242,721) to the Friars, Aylesford (a Company Limited by Guarantee) which manages the Marian ,Shrine and other activities at Aylesford. — page 20
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Williams Chartered Accountants. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.4m
Total spending
£1.8m
Cost of raising funds
£294k
Reserves (reported)
£17.3m
Employees
8

Reported reserves equal ~113.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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£2.4m£1.8m
31/12/2023£1.8m£1.6m
31/12/2022£1.0m£1.3m
31/12/2021£2.4m£1.4m
31/12/2020£3.2m£1.4m

Common questions

Is THE CARMELITE CHARITABLE TRUST financially healthy?

The accounts state that the charity recorded a surplus of £993,717 for the year ended 31 December 2024, with total income of £2,406,620 and total expenditure of £1,826,581. The trustees report that internal financial controls are adequate and that the activities do not pose a risk to the charity’s reputation. The charity holds total capital and reserves of £23,917,248, including a General Fund of £5,659,573 available for day-to-day running costs. Its FY2024 accounts were audited by Williams Chartered Accountants.