ST BENEDICT'S (ICKSP)
The objects of the CIO are to advance the education and Catholic faith of children up to and including the age of 19, predominantly in Preston and the surrounding areas
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £9,272 for the year, with unrestricted funds decreasing from £59,503 to £50,231. Per the trustees' report, the charity maintains a reserves policy target of three to six months' expenditure, and the trustees consider that the current reserve level meets this policy. The charity remains in operational existence with adequate resources to continue its activities.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 7
“During the year to 31 March 2025 one of the Trustees, Maria F Platt received payments for her teaching work & assistance as Vice Principal, those payments in total amounted to £6,950 (2024 £5,400).” — page 17
“During the year to 31 March 2025 one of the Trustees, Maria F Platt received payments for her teaching work & assistance as Vice Principal, those payments in total amounted to £6,950 (2024 £5,400).” — page 17
Trustees
- Rev Gwenael Cristofolichair
- JAMES LYONS
- Maria Frances Platt
- Rev Ryan Patrick Post
- Rev Scott Tanner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £52k | £61k |
| 31/03/2024 | £101k | £146k |
| 31/03/2023 | £98k | £114k |
| 31/03/2022 | £89k | £22k |
| 31/03/2021 | £29k | £29k |
Common questions
Is ST BENEDICT'S (ICKSP) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £9,272 for the year, with unrestricted funds decreasing from £59,503 to £50,231. Per the trustees' report, the charity maintains a reserves policy target of three to six months' expenditure, and the trustees consider that the current reserve level meets this policy. The charity remains in operational existence with adequate resources to continue its activities. Its FY2025 accounts were independently examined.