ST ETHELDREDA TRUST
To provide a place of Roman Catholic worship open to members of the general public, served by a resident Roman Catholic priest.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £787,800, which are represented by an investment property, a loan secured against that property, and net current assets. The trustees are confident the charity will remain a going concern, citing steady rental income and sufficient resources to meet liabilities as they fall due.
What the accounts disclose
“The last time that the Parish had to draw upon a cross-subsidy from the Trust was in the first half of 2025 in an amount of just £9,351 (2024: £30,000) and the Parish does not currently anticipate having to apply for any further cross-subsidies from the Trust in the near future.” — page 25
“The Westminster Roman Catholic Diocesan Trust has provided a guarantee to secure a loan of £1,500,000 from HSBC bank plc and has been granted a second legal charge over 13 Ely Place, London.” — page 25
“The last time that the Parish had to draw upon a cross-subsidy from the Trust was in the first half of 2025 in an amount of just £9,351 (2024: £30,000) and the Parish does not currently anticipate having to apply for any further cross-subsidies from the Trust in the near future.” — page 25
“The Westminster Roman Catholic Diocesan Trust has provided a guarantee to secure a loan of £1,500,000 from HSBC bank plc and has been granted a second legal charge over 13 Ely Place, London.” — page 25
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £247k | £159k |
| 31/12/2024 | £243k | £192k |
| 31/12/2023 | £242k | £183k |
| 31/12/2022 | £207k | £99k |
| 31/12/2021 | £161k | £58k |
Common questions
Is ST ETHELDREDA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £787,800, which are represented by an investment property, a loan secured against that property, and net current assets. The trustees are confident the charity will remain a going concern, citing steady rental income and sufficient resources to meet liabilities as they fall due. Its FY2025 accounts were audited by RBK Audit UK Limited.