ST SCHOLASTICA'S RETREAT
St Scholastica's Retreat is an almshouse for Catholics who are in need of financial assistance and who are aged 60 years and over. It was founded by Elizabeth Harrison in 1861 in Hackney and moved to Princes Risborough in 1972. The sheltered accommodation is provided in 36 self-contained flats. The Lord William Taylour Building provides a Community Room, Laundry & Kitchen; and a room for guests.
Objects
FOR THE ACCOMMODATION OF RESIDENTS WHO SHALL BE ROMAN CATHOLICS WHO ARE IN NEED OF FINANCIAL ASSISTANCE BEING SINGLE PERSONS WHO ARE NOT LESS THAN 60 YEARS OF AGE OR MARRIED COUPLES OF WHOM THE HUSBANDS ARE NOT LESS THAN 60 YEARS OF AGE AND THE WIVES ARE NOT LESS THAN 50 YEARS OF AGE.
Financial health, per its FY2024 accounts
The accounts state that the charity generated an operating surplus of £39.6k in 2024, reversing a deficit from the previous year, with total funds increasing to £2.08m. Per the trustees' report, reserves are considered adequate to continue operations, with available funds estimated at three times the required expenditure. The trustees note that future costs related to maintaining aging properties may put pressure on maintenance contributions and reserves.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £251k | £168k |
| 31/12/2023 | £228k | £347k |
| 31/12/2022 | £240k | £140k |
| 31/12/2021 | £242k | £142k |
| 31/12/2020 | £229k | £141k |
Common questions
Is ST SCHOLASTICA'S RETREAT financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated an operating surplus of £39.6k in 2024, reversing a deficit from the previous year, with total funds increasing to £2.08m. Per the trustees' report, reserves are considered adequate to continue operations, with available funds estimated at three times the required expenditure. The trustees note that future costs related to maintaining aging properties may put pressure on maintenance contributions and reserves. Its FY2024 accounts were independently examined.
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- EARLE'S RETREAT
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- SISTERS OF THE CHRISTIAN RETREAT
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST SCHOLASTICA'S RETREAT | £251k | — | 0 | unclear | — | no doubt |
| EARLE'S RETREAT | £188k | — | 0 | above | — | no doubt |
| CONGREGATION OF LA RETRAITE CIO | £866k | — | 0 | unclear | — | no doubt |
| SISTERS OF THE CHRISTIAN RETREAT | £327k | — | 0 | unclear | — | no doubt |
| CITY RETREAT LEICESTER | £196k | — | 0 | unclear | — | no doubt |
| THE RETREAT LOXWOOD | £101k | — | 0 | unclear | — | no doubt |