AUGUSTINIANS OF THE ASSUMPTION
The objects of the Charity are the advancement of the public benefit anywhere in the world of the religious and other charitable work of the Congregation of Roman Catholic Priests and Brothers known as the Augustinians of the Assumption as the Trustees with the approval of the Superior General of the Congregation shall from time to time think fit.
Objects
THE OBJECTS OF THE CHARITY ARE THE ADVANCEMENT FOR THE PUBLIC BENEFIT ANYWHERE IN THE WORLD OF THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CONGREGATION OF ROMAN CATHOLIC PRIESTS AND BROTHERS KNOWN AS THE AUGUSTINIANS OF THE ASSUMPTION AS THE TRUSTEES WITH THE APPROVAL OF THE SUPERIOR GENERAL OF THE CONGREGATION SHALL FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £34,104,621, which significantly exceed the stated policy target of £50,000. The trustees report a surplus for the year of £5,576,879, driven largely by investment gains, and confirm that adequate resources exist to continue operations for the foreseeable future.
What the accounts disclose
“Income totalling £2,264,172 (2024: £3,267,994) included £287,477 (2024: £384,737) of investment income received in the period, and donations totalling £1,966,927 (2024: £3,873,595).” — page 6
“It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity to provide sufficient funds to meet future obligations, this is mainly support costs less depreciation. Therefore unrestricted funds expected in coming year are £50,000 and this amount is reviewed annually.” — page 6
Policies the charity declares
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Rev DIDIER REMIOTchair
- Alex Castro
- Br Quoc Cuong Tran
- Fr Erik Samson
- Fr Justin Kasereka
- Fr Viktors Jermakovics
- Pierre Cao Ba Vinh
- Rev RICHARD ANDREW JOSEPH O'BRIEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.3m | £385k |
| 31/12/2024 | £3.3m | £363k |
| 31/12/2023 | £585k | £423k |
| 31/12/2022 | £4.7m | £343k |
| 31/12/2021 | £358k | £513k |
Common questions
Is AUGUSTINIANS OF THE ASSUMPTION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £34,104,621, which significantly exceed the stated policy target of £50,000. The trustees report a surplus for the year of £5,576,879, driven largely by investment gains, and confirm that adequate resources exist to continue operations for the foreseeable future. Its FY2025 accounts were audited by Azets Audit Services.
Charities like this
- MATER ECCLESIAE CIO
- SISTERS OF CHARITY OF ST PAUL THE APOSTLE
- Augustinian Sisters - English Province
- INSTITUTE OF CHARITY
- THE FOUNDATION OF ST. BENEDICT OF NURSIA
- O.F.M. CAPUCHIN GB CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AUGUSTINIANS OF THE ASSUMPTION | £2.3m | — | 0 | unclear | — | no doubt |
| MATER ECCLESIAE CIO | £354k | — | 0 | above | — | no doubt |
| SISTERS OF CHARITY OF ST PAUL THE APOSTLE | £5.3m | — | 0 | below | — | no doubt |
| Augustinian Sisters - English Province | £208k | — | 0 | unclear | — | no doubt |
| INSTITUTE OF CHARITY | £1.2m | — | 0 | above | — | no doubt |
| THE FOUNDATION OF ST. BENEDICT OF NURSIA | £238k | — | 0 | unclear | — | no doubt |