ST OLAV TRUST

Registered charity 1125863 · accounts filings on the Charity Commission register

Christian bookshop and resource centre

Objects

A) TO ADVANCE THE CHRISTIAN FAITH IN THE UNITED KINGDOM AND IN SUCH OTHER PARTS OF THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF A CHRISTIAN BOOKSHOP.B) TO ADVANCE EDUCATION IN ACCORDANCE WITH CHRISTIAN PRINCIPLES IN THE UNITED KINGDOM AND IN SUCH OTHER PARTS OF THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.

Area of benefit: UNDEFINED. IN PRACTICE, NATIONAL AND OVERSEAS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Religious Activities · website · Get email alerts

Latest income
£235k
Latest spending
£243k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a deficit for the year, reducing its unrestricted reserves from £33,705 to £25,696. While facing financial challenges typical of the retail sector, the trustees confirm there are no material uncertainties regarding the charity's ability to continue its activities. The charity does not currently have a formal reserves policy.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities - bookshop (91% of income)
“Charitable activities - bookshop 6 215,038 0 215,038 179,595” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“As with many charities and many retailers St Olav Trust is facing financial challenges but with trustee support there are no material uncertainties about the Charity's ability to continue its activities.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee loan: Interest-free unsecured loan outstanding.
“During 2021 a trustee made an interest free unsecured loan to the Charity. At 31 December 2024 the amount due to the trustee was £5,348 (2023 £5,348).” — page 17
“Donations from trustees and connected parties during the year totalled £14,118 (2023 £nil). Gift Aid of £3,530 (2023 £nil) is claimable on those donations.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees and connected parties.
“During 2021 a trustee made an interest free unsecured loan to the Charity. At 31 December 2024 the amount due to the trustee was £5,348 (2023 £5,348).” — page 17
“Donations from trustees and connected parties during the year totalled £14,118 (2023 £nil). Gift Aid of £3,530 (2023 £nil) is claimable on those donations.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public fundraising profile: JustGiving — St Olav Trust (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: West Sussex

Income and spending

Financial year endIncomeSpending
31/12/2024£235k£243k
31/12/2023£182k£196k
31/12/2022£141k£159k
31/12/2021£184k£165k
31/12/2020£146k£131k

Common questions

Is ST OLAV TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a deficit for the year, reducing its unrestricted reserves from £33,705 to £25,696. While facing financial challenges typical of the retail sector, the trustees confirm there are no material uncertainties regarding the charity's ability to continue its activities. The charity does not currently have a formal reserves policy. Its FY2024 accounts were independently examined.