ST GEORGE'S - AUGUSTINIAN CARE
Development of a residential retirement complex as an enabling development to build nursing homes.
Financial health, per its FY2024 accounts
The accounts state that the charity held negative unrestricted reserves of £60,847 as of 31 December 2024, a significant improvement from the previous year's deficit of £156,854. The Trustees confirm that the charity has adequate resources to continue as a going concern, supported by income from its subsidiary and potential working capital from its parent charity.
What the accounts disclose
“St George's - Augustinian Care intends to continue to develop properties and, in conjunction with the activities of it's subsidiary, the charity aims to hold reserves at a level to facilitate this intention.” — page 5
“During the year the charity received a donation of £100,000 (2022 - £255,000) from their wholly owned subsidary company.” — page 19
Property (HM Land Registry)
Trustees
- SR MARY CLEMENT
- SR MARY STEPHEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £100k | £4k |
| 31/12/2023 | £256k | £0 |
| 31/12/2022 | £0 | £461k |
| 31/12/2021 | £50k | £50k |
| 31/12/2020 | £0 | £0 |
Common questions
Is ST GEORGE'S - AUGUSTINIAN CARE financially healthy?
Per its FY2024 accounts: The accounts state that the charity held negative unrestricted reserves of £60,847 as of 31 December 2024, a significant improvement from the previous year's deficit of £156,854. The Trustees confirm that the charity has adequate resources to continue as a going concern, supported by income from its subsidiary and potential working capital from its parent charity. Its FY2024 accounts were audited by Kreston Reeves LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHRIST CHURCH MAYFAIR | 1 | £110k |
| THE F GLENISTER WOODGER TRUST CIO | 1 | £71k |
| THE BASSIL SHIPPAM AND ALSFORD TRUST | 1 | £52k |
| Prosper Wakefield District Ltd | 1 | £11k |
| THE DAVID FAMILY FOUNDATION | 1 | £10k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE ORDER OF ST. AUGUSTINE OF THE MERCY OF JESUS
- ST GEORGE'S HOUSE CHARITY
- THE PAROCHIAL CHURCH COUNCIL OF ST AUGUSTINES OF CANTERBURY AND BEXHILL ON SEA
- ST GEORGE'S LUPSET LTD
- TRUSTEES OF ST AUGUSTINE ABBEY RAMSGATE
- THE ST ANDREW'S SCHOOL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST GEORGE'S - AUGUSTINIAN CARE | £100k | — | 0 | unclear | — | no doubt |
| THE ORDER OF ST. AUGUSTINE OF THE MERCY OF JESUS | £12.7m | £100,001 - £110,000 | — | above | — | no doubt |
| ST GEORGE'S HOUSE CHARITY | £274k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF ST AUGUSTINES OF CANTERBURY AND BEXHILL ON SEA | £177k | — | 0 | above | — | no doubt |
| ST GEORGE'S LUPSET LTD | £2.0m | — | 0 | unclear | — | no doubt |
| TRUSTEES OF ST AUGUSTINE ABBEY RAMSGATE | £356k | — | 0 | unclear | — | no doubt |