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.
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
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.
Charities like this
- EARLE'S RETREAT
- CONGREGATION OF LA RETRAITE CIO
- THE RETREAT LOXWOOD
- ST. JOHN'S FOUNDATION EST. 1174
- THE ABBEYFIELD (STREATHAM) SOCIETY LTD
- THE VICTORIA ALMSHOUSES
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 |
| THE RETREAT LOXWOOD | £101k | — | 0 | unclear | — | no doubt |
| ST. JOHN'S FOUNDATION EST. 1174 | £5.4m | — | — | unclear | — | no doubt |
| THE ABBEYFIELD (STREATHAM) SOCIETY LTD | £147k | — | 0 | above | — | no doubt |