THE MONASTERY OF ST FRANCIS GORTON TRUST LTD
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £333,708, which the Trustees note is above the £200,000 level they aimed to build. The group reported a net income of £68,958 and holds cash reserves of £528,838, with the Trustees confirming adequate resources to meet liabilities through 2025.
What the accounts disclose
“One employee earned more than £60,000 but less than £70,000 per annum” — page 28
“One employee earned more than £60,000 but less than £70,000 per annum” — page 28
“During 2021, the charity group realised its long-term ambition to build unrestricted reserves to over £200,000. Reserves were at £333,708 at 31 December 2024.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- David Smith-Milne
- Eleanor Holmes
- Nathan Newman
- PAUL GRIFFITHS DL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £1.5m |
| 31/12/2023 | £1.3m | £1.2m |
| 31/12/2022 | £1.1m | £1.4m |
| 31/12/2021 | £1.2m | £1.4m |
| 31/12/2020 | £1.3m | £977k |
Common questions
Is THE MONASTERY OF ST FRANCIS GORTON TRUST LTD financially healthy?
The accounts state that unrestricted reserves stood at £333,708, which the Trustees note is above the £200,000 level they aimed to build. The group reported a net income of £68,958 and holds cash reserves of £528,838, with the Trustees confirming adequate resources to meet liabilities through 2025. Its FY2024 accounts were audited by Royce Peeling Green Limited.
What does the highest-paid employee of THE MONASTERY OF ST FRANCIS GORTON TRUST LTD earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/07/2025 | £250k | "1996 -2056: Celebrating the last 30 years and Futureproofing the next 30 years" |
| The National Lottery Heritage Fund | 16/03/2023 | £232k | "Unlocking Social and Cultural Capital at the Modern Day Monastery" |
| The National Lottery Heritage Fund | 08/06/2020 | £234k | "COVID19 The Monastery of St. Francis & Gorton Trust" |
| The National Lottery Heritage Fund | 19/03/2013 | £2.1m | "The Monastery Manchester: Sharing the Story" |
| The National Lottery Heritage Fund | 29/03/2011 | £13k | "Monastery Operational Review and Future Business Plan" |
| The National Lottery Heritage Fund | 25/04/2000 | £3.8m | "Monastery of St Francis, Gorton" |