ST JOSEPH'S RETREAT (HIGHGATE) CIO
The Congregation is devoted to the Passion of Christ (that is, the love and mercy of God as seen in Jesus' acceptance of death on the cross). The Congregation seeks to walk alongside those who are crucified and marginalised in today's society. Our ministries include working in parishes, conducting missions and retreats and providing outreach to the local community.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £403,366 exceed the charity's stated policy target of nine months' unrestricted expenditure (approximately £225,000 based on £300,000 annual expenditure). The charity reports a net surplus for the year and confirms there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“the trustees have agreed that the charity should aim to hold free reserves equivalent to 9 months’ unrestricted expenditure.”
“During the year a total of £8,768 expenses were reimbursed to three trustees (2023: £5,562 to two trustees) in respect of travel, hospitality, healthcare and books. No other transactions with related parties took place during the year (2023: none). The trustees receive no special benefit as trustees other than their care and maintenance as members of the Congregation.” — page 21
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Father Paul Francis Spencerchair
- Father George Antony
- Father Miroslaw Lesiecki
- Father Thomas Rockey Kanjarathungal
- SISTER MARY PHILOMENA BOWERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £325k | £311k |
| 31/12/2023 | £360k | £321k |
| 31/12/2022 | £501k | £357k |
| 31/12/2021 | £307k | £290k |
| 31/12/2020 | £240k | £271k |
Common questions
Is ST JOSEPH'S RETREAT (HIGHGATE) CIO financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £403,366 exceed the charity's stated policy target of nine months' unrestricted expenditure (approximately £225,000 based on £300,000 annual expenditure). The charity reports a net surplus for the year and confirms there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Xeinadin Audit Limited.