THE DE BROME TRUST
To support the operations of The University Church of St Mary the Virgin.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,842,758, which the trustees consider adequate to fulfill the charity's objects despite a net deficit for the year. The trustees report that reserves are equivalent to approximately four years of repairs and maintenance, working towards a target of £2.5m. The filing confirms no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees believe that, at present, we have reserves equivalent to approximately four years repairs and maintenance and continue to work to meet their target (approximately £2.5m).” — page 3
“At 31st December 2024, the charity and its trading subsidiary were owed £44,085 by The University Church of St Mary the Virgin (2023: £58,352), a charity connected to this charity.” — page 12
“The charity obtains funds from its subsidiary company, St Mary's (P.C.C.) Limited. The company has distributed profits for the year of £320,466 (2023: £220,548) to The de Brome Trust.” — page 3
“At 31st December 2024, the charity and its trading subsidiary were owed £44,085 by The University Church of St Mary the Virgin (2023: £58,352), a charity connected to this charity.” — page 12
“The charity obtains funds from its subsidiary company, St Mary's (P.C.C.) Limited. The company has distributed profits for the year of £320,466 (2023: £220,548) to The de Brome Trust.” — page 3
“The charity holds 100% of the share capital of St Mary’s (P.C.C.) Limited. This subsidiary company operates a shop at the University Church of St Mary the Virgin, and also charges admission to the church tower.” — page 11
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £385k | £503k |
| 31/12/2023 | £278k | £376k |
| 31/12/2022 | £118k | £152k |
| 31/12/2021 | £68k | £247k |
| 31/12/2020 | £313k | £200k |
Common questions
Is THE DE BROME TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,842,758, which the trustees consider adequate to fulfill the charity's objects despite a net deficit for the year. The trustees report that reserves are equivalent to approximately four years of repairs and maintenance, working towards a target of £2.5m. The filing confirms no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN THAME
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BATH ST. BARTHOLOMEW
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT ST BARTHOLOMEW
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDERSBROOK ST GABRIEL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY AND ALL SAINTS, TRENTHAM
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY BRYANSTON SQUARE WITH ST MARK ST MARYLEBONE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DE BROME TRUST | £385k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN THAME | £338k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BATH ST. BARTHOLOMEW | £428k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT ST BARTHOLOMEW | £1.6m | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDERSBROOK ST GABRIEL | £191k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY AND ALL SAINTS, TRENTHAM | £250k | — | 0 | unclear | — | no doubt |