THE ASSOCIATION OF BRITISH MEMBERS OF THE SOVEREIGN MILITARY HOSPITALLER ORDER OF ST. JOHN OF JERUSALEM OF RHODES AND OF MALTA
Financial health, per its FY2024 accounts
The accounts state that the group generated a surplus of £462,501 for the year, supported by significant investment gains of £651,764. Per the trustees' report, free reserves were £887,598, which is below the stated policy target of approximately £1,000,000 (equivalent to twelve months of charitable expenditure). The charity holds substantial designated funds of £12,177,968, primarily in investment property and portfolios, to support long-term aims.
What the accounts disclose
“The Trustees consider that, given the nature of the group’s work, the level of group free reserves should be at least the equivalent of twelve months expenditure on charitable activities in order to meet future costs. This would currently be c£1,000,000 based on the 2024 financial results which is represented by the General Fund.”
“The financial statements which accompany this report are the consolidated financial statements of BASMOM and its subsidiary company – The Order of Malta Volunteers.” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (26/10/2017)
- Received assets from another charity (14/09/2016)
- Received assets from another charity (14/09/2016)
Trustees
- ANTON DE PIRO D'AMICO INGUANEZ
- Duncan Alexander James McKechnie
- James William Little
- Katherine Marion MacKenzie
- LADY CELESTRIA MAGDALEN MARY HALES
- Lady Laura Rosemary Cash
- MICHAEL JEREMY HODGES
- Mark Andrew Everall
- PAUL ST JOHN LETMAN
- Pierre Abou-Sakr
- WILLIAM WALTER RALEIGH KERR
- William George Sleeman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.5m |
| 31/12/2023 | £1.5m | £1.5m |
| 31/12/2022 | £1.3m | £1.5m |
| 31/12/2021 | £902k | £685k |
| 31/12/2020 | £1.1m | £839k |
Common questions
Is THE ASSOCIATION OF BRITISH MEMBERS OF THE SOVEREIGN MILITARY HOSPITALLER ORDER OF ST. JOHN OF JERUSALEM OF RHODES AND OF MALTA financially healthy?
The accounts state that the group generated a surplus of £462,501 for the year, supported by significant investment gains of £651,764. Per the trustees' report, free reserves were £887,598, which is below the stated policy target of approximately £1,000,000 (equivalent to twelve months of charitable expenditure). The charity holds substantial designated funds of £12,177,968, primarily in investment property and portfolios, to support long-term aims. Its FY2024 accounts were audited by Buzzacott LLP.