EDMUND RICE BICENTENNIAL TRUST LIMITED
Latest income
£883k
Latest spending
£1.4m
Registered
2003
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £412,184 for the year ended 31 December 2024, resulting in unrestricted reserves of £26,906,684. The trustees confirm that the charity has adequate resources to continue as a going concern with no material uncertainties identified by the auditors.
What the accounts disclose
Reserves policy: a level of income to match its target for donations and cost of raising funds (held: £26.9m)
“The Charity’s financial reserves aim to generate a level of income to match its target for donations and cost of raising funds.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£883k
Total spending
£1.4m
Cost of raising funds
£114k
Reserves (reported)
£0
Employees
0
Trustees
- Br Amandi Mboya
- Br John Casey
- Br Michael James Halligan
- Br Sameer Ferraro
- Christopher Parker
- KIERAN TIMOTHY GORDON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £883k | £1.4m |
| 31/12/2023 | £395k | £1.2m |
| 31/12/2022 | £470k | £1.7m |
| 31/12/2021 | £746k | £335k |
| 31/12/2020 | £583k | £961k |
Common questions
Is EDMUND RICE BICENTENNIAL TRUST LIMITED financially healthy?
The accounts state that the charity reported a net loss of £412,184 for the year ended 31 December 2024, resulting in unrestricted reserves of £26,906,684. The trustees confirm that the charity has adequate resources to continue as a going concern with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by Forvis Mazars LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WRIGHT'S CLOCK LAND CIO | 1 | £305k |
| COMMUNITY OF THE HOLY CROSS | 1 | £1k |