SERVITE SECULAR INSTITUTE
Members pursue their own charitable activities in the communities and parishes in which they live. This can be manifest in care, instructing (mainly religion), helping in religious activities and being available to the needs of their neighbours.
Financial health, per its FY2025 accounts
The charity reported a net income increase to £75,419, driven largely by a significant legacy, resulting in total net assets of £462,003. Free reserves stood at £237,003, which the trustees consider appropriate against their policy target of £200,000–£300,000. The accounts are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Voluntary income amounted to £86,127 (2024 - £532) including a significant legacy totalling £85,804 (2024 - £nil).”
“The charity incurs no outside fundraising costs, and management and administration costs are low as the work carried out by members of the Institute in administering the charity is unpaid.”
“Generally, the aim would be to maintain free reserves of between £200,000 and £300,000.”
Trustees
- JULIA BRIGID ARKELLchair
- CAROLYN JANE MCALLISTER
- Gloria Rodriguez-Palacino
- Noreen Bint
- Valerie Ann Voak
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £96k | £22k |
| 31/03/2024 | £12k | £25k |
| 31/03/2023 | £14k | £77k |
| 31/03/2022 | £8k | £33k |
| 31/03/2021 | £7k | £19k |
Common questions
Is SERVITE SECULAR INSTITUTE financially healthy?
Per its FY2025 accounts: The charity reported a net income increase to £75,419, driven largely by a significant legacy, resulting in total net assets of £462,003. Free reserves stood at £237,003, which the trustees consider appropriate against their policy target of £200,000–£300,000. The accounts are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.