THE ORDER OF ST. AUGUSTINE OF THE MERCY OF JESUS
Financial health, per its FY2024 accounts
The accounts state that the Group reported a net income before tax of £539,072 for the year ended 31 December 2024, driven by higher occupancy rates in its care homes. The Group holds free reserves of £4,641,606, which the Trustees note exceed their stated policy maximum of three months' expenditure due to exceptional factors including a significant legacy and property sale.
What the accounts disclose
“In the band £100,001 - £110,000 1”
“Target: - To aim to achieve and hold reserves at a level of 3 months expenditure.” — page 7
“During the year recharges of employees' salaries for work carried out relating to the subsidiaries were made. A total of £308,460 (2023 - £249,821) was recharged to St George's Park Limited.” — page 38
“At the year end the balance due from St George's - Augustinian Care was £96,972 (2023 - £199,332) and the amount due from St George's Park Limited was £774,940 (2023 - £806,586).” — page 38
“During the year recharges of employees' salaries for work carried out relating to the subsidiaries were made. A total of £308,460 (2023 - £249,821) was recharged to St George's Park Limited.” — page 38
“At the year end the balance due from St George's - Augustinian Care was £96,972 (2023 - £199,332) and the amount due from St George's Park Limited was £774,940 (2023 - £806,586).” — page 38
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Alastair Collett
- Madeleine Smallwood
- Sister Mary Carmel
- Sister Miriam Condron
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £12.7m | £12.2m |
| 31/12/2023 | £11.6m | £11.2m |
| 31/12/2022 | £10.2m | £10.2m |
| 31/12/2021 | £0 | £0 |
Common questions
Is THE ORDER OF ST. AUGUSTINE OF THE MERCY OF JESUS financially healthy?
The accounts state that the Group reported a net income before tax of £539,072 for the year ended 31 December 2024, driven by higher occupancy rates in its care homes. The Group holds free reserves of £4,641,606, which the Trustees note exceed their stated policy maximum of three months' expenditure due to exceptional factors including a significant legacy and property sale. Its FY2024 accounts were audited by Kreston Reeves LLP.
What does the highest-paid employee of THE ORDER OF ST. AUGUSTINE OF THE MERCY OF JESUS earn?
Per its FY2024 accounts, the highest-paid employee was in the £100,001 - £110,000 band.