ARCHDIOCESE OF LIVERPOOL
Latest income
£38.7m
Latest spending
£44.9m
Registered
2022
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the group held total net assets of £218.3 million at the year end, with a net movement in funds of £5.1 million for the year. The trustees consider the level of freely available reserves to be sufficient to meet obligations, although net current assets are noted as being somewhat less than the trustees consider appropriate.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The archdiocese held 18 months of freely available reserves at 31 December 2024 (2023: 19 months).”
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: 10 trustees who were priests received £103,368 in total remuneration.
“The 10 (2023: 10) trustees who were priests received £103,368 (2023: £81,628) in total remuneration during the year.” — page 52
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Salary cost recharge to subsidiary
“The charity recharged salary costs of £171,983 (2023: £166,613) to Archdiocesan Property Services Limited, a subsidiary of the charity. A balance of £970,450 (2023: £645,721) was owed from the company at the year end.” — page 69
“The charity recharged salary costs of £132,811 (2023: £67,061) to Tuneside Limited, a subsidiary of the charity. A balance of £13,444,290 (2023: £2,101,830) was owed from the company at the year end.” — page 69
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Salary cost recharge to subsidiary
“The charity recharged salary costs of £171,983 (2023: £166,613) to Archdiocesan Property Services Limited, a subsidiary of the charity. A balance of £970,450 (2023: £645,721) was owed from the company at the year end.” — page 69
“The charity recharged salary costs of £132,811 (2023: £67,061) to Tuneside Limited, a subsidiary of the charity. A balance of £13,444,290 (2023: £2,101,830) was owed from the company at the year end.” — page 69
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Salary cost recharge to subsidiary
“The charity recharged salary costs of £171,983 (2023: £166,613) to Archdiocesan Property Services Limited, a subsidiary of the charity. A balance of £970,450 (2023: £645,721) was owed from the company at the year end.” — page 69
“The charity recharged salary costs of £132,811 (2023: £67,061) to Tuneside Limited, a subsidiary of the charity. A balance of £13,444,290 (2023: £2,101,830) was owed from the company at the year end.” — page 69
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Purchase from related party
“The charity recharged salary costs of £171,983 (2023: £166,613) to Archdiocesan Property Services Limited, a subsidiary of the charity. A balance of £970,450 (2023: £645,721) was owed from the company at the year end.” — page 69
“The charity recharged salary costs of £132,811 (2023: £67,061) to Tuneside Limited, a subsidiary of the charity. A balance of £13,444,290 (2023: £2,101,830) was owed from the company at the year end.” — page 69
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to connected charity
“The charity recharged salary costs of £171,983 (2023: £166,613) to Archdiocesan Property Services Limited, a subsidiary of the charity. A balance of £970,450 (2023: £645,721) was owed from the company at the year end.” — page 69
“The charity recharged salary costs of £132,811 (2023: £67,061) to Tuneside Limited, a subsidiary of the charity. A balance of £13,444,290 (2023: £2,101,830) was owed from the company at the year end.” — page 69
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£38.7m
Total spending
£44.9m
Cost of raising funds
£9.9m
Reserves (reported)
£67.0m
Employees
480
Trustees
- Rev John Francis Sherringtonchair
- Carol LAWRENCE
- Colette O'Brien
- Ian James Hollows
- Michael Stephen Fitzsimons
- Rev Anthony O'Brien
- Rev Fr Philip Alan Inch
- Rev GERARD JAMES CALLACHER
- Rev GRAEME MICHAEL DUNNE
- Rev THOMAS JOSEPH NEYLON Bishop
- Reverend Canon Aidan Charles William Prescott
- Sean Christopher Keyes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £38.7m | £44.9m |
| 31/12/2023 | £39.5m | £50.7m |
Common questions
Is ARCHDIOCESE OF LIVERPOOL financially healthy?
The accounts state that the group held total net assets of £218.3 million at the year end, with a net movement in funds of £5.1 million for the year. The trustees consider the level of freely available reserves to be sufficient to meet obligations, although net current assets are noted as being somewhat less than the trustees consider appropriate. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE | 1 | £3.5m |
| THE CHELMSFORD DIOCESAN BOARD OF FINANCE | 1 | £1.4m |
| THE LEICESTER DIOCESAN BOARD OF FINANCE | 1 | £1.2m |
| THE SALISBURY DIOCESAN BOARD OF FINANCE | 1 | £1.0m |
| THE BLACKBURN DIOCESAN BOARD OF FINANCE LIMITED | 1 | £966k |
| SOUTHWELL AND NOTTINGHAM DIOCESAN BOARD OF FINANCE | 1 | £896k |
| THE ELY DIOCESAN BOARD OF FINANCE | 1 | £609k |
| CANTERBURY DIOCESAN BOARD OF FINANCE | 1 | £519k |
Charities like this
- THE ARCHBISHOPS' COUNCIL
- THE LIVERPOOL DIOCESAN BOARD OF FINANCE
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PATRICK, WALLINGTON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH WITH ALL SAINTS SPITALFIELDS
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL, AUGHTON LIVERPOOL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHORLEYWOOD