BELMONT ABBEY GENERAL CIO
The support of the community of Benedictine monks based at Belmont Abbey in Herefordshire in their work and life under the Rule of St Benedict
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £299,934 for the year ended 31 December 2024, with total funds increasing to £6,980,993. The trustees consider the level of free reserves to be adequate and confirm that the charity is a going concern with no material uncertainties.
What the accounts disclose
“It is the trustees’ current policy to maintain free, undesignated reserves of between one- and two-years’ expenditure.” — page 8
“During the year to 31 Dec 2024, the charity received levy income of £48,331 (2023: £24,165) and rental income of £8,700 (2023: £4,350) from Belmont Abbey Mission ClO (Charity Registration Number 1191221), which is under common control.” — page 38
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (17/06/2025)
Trustees
- Right Reverend Keith Brendan Martel Thomas OSBchair
- Dom Paul Keith Dunstan Nelson
- FATHER DAVID JAMES ALEXANDER KENYON
- Rev Leo Thomas Augustine Primavesi
- Rev Mark Thomas Carney OSB
- Rev Michael Irwin Evans OSB
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.4m | £1.2m |
| 31/12/2023 | £584k | £541k |
| 30/06/2023 | £1.1m | £927k |
| 30/06/2022 | £7.4m | £839k |
| 30/06/2021 | £0 | £0 |
Common questions
Is BELMONT ABBEY GENERAL CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £299,934 for the year ended 31 December 2024, with total funds increasing to £6,980,993. The trustees consider the level of free reserves to be adequate and confirm that the charity is a going concern with no material uncertainties. Its FY2024 accounts were audited by Thorne Widgery Accountancy Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ST CECILIA'S ABBEY RYDE ISLE OF WIGHT | 1 | £255k |
| THE FOUNDATION OF ST. BENEDICT OF NURSIA | 1 | £133k |
| GOWLING WLG (UK) CHARITABLE TRUST | 1 | £1k |
| THE STEWARTS LAW FOUNDATION | 1 | £500 |
Charities like this
- ST MARY'S ABBEY, QUARR
- ABBEY ROAD BAPTIST CHURCH
- AMPLEFORTH ABBEY
- BUCKFAST ABBEY TRUST (HELD ICW THE RELIGIOUS COMMUNITY OF BENEDICTINE MONKS ESTABLISHED AT ST MARYS ABBEY BUCKFAST, DEVON)
- THE PERSHORE NASHDOM AND ELMORE TRUST
- FRIENDS OF SHERBORNE ABBEY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BELMONT ABBEY GENERAL CIO | £1.4m | — | — | unclear | — | no doubt |
| ST MARY'S ABBEY, QUARR | £1.6m | — | 0 | unclear | — | no doubt |
| ABBEY ROAD BAPTIST CHURCH | £310k | — | — | unclear | — | no doubt |
| AMPLEFORTH ABBEY | £22.2m | £200,000 - £220,000 | — | unclear | — | no doubt |
| BUCKFAST ABBEY TRUST (HELD ICW THE RELIGIOUS COMMUNITY OF BENEDICTINE MONKS ESTABLISHED AT ST MARYS ABBEY BUCKFAST, DEVON) | £14.8m | £60,001 - £70,000 | 5 | unclear | — | no doubt |
| THE PERSHORE NASHDOM AND ELMORE TRUST | £280k | — | 0 | unclear | — | no doubt |