CATHOLIC UNION CHARITABLE TRUST LIMITED
Educational conferences
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £236,211, which the trustees consider sufficient to carry out proposed activities for the following year. The charity reported a net movement in funds of £50,238, driven by total income of £124,255 against total expenditure of £79,813. The financial position is supported by £119,763 in investments and £66,349 in cash deposits.
What the accounts disclose
“The Trustees will build up reserves so that, at the end of any financial year, there are sufficient reserves to carry out the proposed activities for the following year.” — page 3
“Included expenditure is the cost of salaries of £73,411 (2023: £50,654) recharged from the Catholic Union of Great Britain.”
Trustees
- Benedict Alexander Jennings
- Dr Veronica Fulton
- Fr Christopher George Colven
- MARTIN PATRICK FOLEY
- MICHAEL BRADDON PRITCHETT
- Professor Peter Christopher Hindmarsh
- RICHARD ANTHONY COLLYER-HAMLIN
- Russell Kevin Sparkes
- Tom Martin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £124k | £80k |
| 31/12/2023 | £145k | £90k |
| 31/12/2022 | £31k | £38k |
| 31/12/2021 | £31k | £32k |
| 31/12/2020 | £30k | £31k |
Common questions
Is CATHOLIC UNION CHARITABLE TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £236,211, which the trustees consider sufficient to carry out proposed activities for the following year. The charity reported a net movement in funds of £50,238, driven by total income of £124,255 against total expenditure of £79,813. The financial position is supported by £119,763 in investments and £66,349 in cash deposits. Its FY2024 accounts were independently examined.