CATENIAN ASSOCIATION BURSARY FUND LIMITED
Provides funding to individual Catholic young people aged 16 - 24 to undertake voluntary work lasting a minimum period of 15 days or who help to look after sick pilgrims visiting Lourdes.
Objects
THE COMPANIES OBJECTS ARE:- (1) THE ADVANCEMENT OF THE CHRISTIAN RELIGION (2) THE RELIEF OF PERSONS IN CONDITIONS OF NEED HARDSHIP OR DISTRESS (3) THE ADVANCEMENT OF EDUCATION AND DEVELOPMENT OF YOUNG PEOPLE WITH PARTICULAR REFERENCE TO THEIR PHYSICAL MENTAL AND SPIRITUAL WELFARE (4) OTHER PURPOSES (PROVIDED THAT THEY ARE ALSO CHARITABLE IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES) BENEFICIAL TO THE COMMUNITY IN ANY COUNTRY OR JURISDICTION IN WHICH THE CATENIAN ASSOCIATION IS NOW OR SHALL HEREAFTER BE ACTIVE. (SEE MEMORANDUM FOR FURTHER DETAILS)
Financial health, per its FY2025 accounts
The accounts state that the charity is currently making more awards than its income, a position sustained by a generous legacy and previous Covid surpluses. Trustees acknowledge the need to rebalance the books through fundraising initiatives to maintain award levels. The document highlights a dependency on continued donor contributions to sustain current operations.
What the accounts disclose
“due to the generosity of Catenian Brothers, we retained a strong donation base”
“We are currently making more awards than our income, a position made possible from a generous legacy and some of the Covid surplus I referred to earlier.”
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Funders the charity credits
- Catenians
Trustees
- ANDREW CHARLES THEOBALD
- Andrew Paul Smith
- David William Arundale
- Habib Karam
- Jean Harkin
- Kevin Anthony McKenna
- Kevin Campbell
- Kevin Francis O'Sullivan
- Steven Graham Webb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £136k | £176k |
| 31/03/2024 | £130k | £112k |
| 31/03/2023 | £120k | £92k |
| 31/03/2022 | £116k | £39k |
| 31/03/2021 | £162k | £28k |
Common questions
Is CATENIAN ASSOCIATION BURSARY FUND LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity is currently making more awards than its income, a position sustained by a generous legacy and previous Covid surpluses. Trustees acknowledge the need to rebalance the books through fundraising initiatives to maintain award levels. The document highlights a dependency on continued donor contributions to sustain current operations.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| B K CHARITABLE TRUST | 1 | £100k |
| SHAAREI RACHAMIM LIMITED | 1 | £8k |
| M AND L COHEN CHARITABLE TRUST | 1 | £6k |
Charities like this
- CATENIAN ASSOCIATION BENEVOLENT AND CHILDREN'S FUND
- CLS BURSARY AND AWARDS FUND
- CHAI NETWORK
- CLSG BURSARY AND AWARDS FUND
- THE AUSTIN BAILEY FOUNDATION
- THE DOMINICAN CONGREGATION OF SAINT CATHERINE OF SIENA OF OAKFORD, NATAL CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CATENIAN ASSOCIATION BURSARY FUND LIMITED | £136k | — | 0 | unclear | — | noted |
| CATENIAN ASSOCIATION BENEVOLENT AND CHILDREN'S FUND | £488k | — | 0 | unclear | — | no doubt |
| CLS BURSARY AND AWARDS FUND | £167k | — | 0 | above | — | no doubt |
| CHAI NETWORK | £246k | — | 0 | below | — | noted |
| CLSG BURSARY AND AWARDS FUND | £1.4m | — | 0 | above | — | no doubt |
| THE AUSTIN BAILEY FOUNDATION | £545k | — | 0 | unclear | — | no doubt |