CALVARIO LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £28,055 for the year, resulting in a decrease in unrestricted reserves from £1,390,473 to £1,362,418. The trustees confirm that resources are adequate to meet continuing obligations and that there are no material uncertainties regarding the entity's ability to continue as a going concern.
What the accounts disclose
“The Charity’s financial reserves aim to generate a level of income to match its target for donations and cost of charitable activities. This approach is intended to ensure that the level of reserves is maintained.” — page 7
“Formation donation received from Institute of Charity (UK Province): £142,566 (2022: £ 106,614)” — page 24
“Formation donation received from Institute of Charity (Rosminians) Company Limited by Guarantee: £115,938 (2022: £93,816)” — page 24
“Formation donation received from Institute of Charity (UK Province): £142,566 (2022: £ 106,614)” — page 24
“Formation donation received from Institute of Charity (Rosminians) Company Limited by Guarantee: £115,938 (2022: £93,816)” — page 24
“Formation donation received from Institute of Charity (UK Province): £142,566 (2022: £ 106,614)” — page 24
“Formation donation received from Institute of Charity (Rosminians) Company Limited by Guarantee: £115,938 (2022: £93,816)” — page 24
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Fr Joseph O'Reillychair
- Father Philip Sainter
- Fr Vinod Thennattil Kurian
- Rev Antonio Belsito
- Tom Thomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £665k |
| 31/12/2023 | £552k | £646k |
| 31/12/2022 | £594k | £506k |
| 31/12/2021 | £114k | £23k |
| 31/12/2020 | £33k | £115k |
Common questions
Is CALVARIO LIMITED financially healthy?
The accounts state that the charity reported a net expenditure of £28,055 for the year, resulting in a decrease in unrestricted reserves from £1,390,473 to £1,362,418. The trustees confirm that resources are adequate to meet continuing obligations and that there are no material uncertainties regarding the entity's ability to continue as a going concern. Its FY2023 accounts were independently examined.