THE FRIENDS OF WHITEFRIARS OXFORD FUND
The charity is a community of Discalced Carmelite Friars who live in Carmelite Community, Boars Hill Oxford. The Friars devote themselves to a life of prayer, the fruits of which they share in the form retreats, spiritual direction, book service for Carmelite literature and publishing a quarterly spiritual review.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £3,119,852, with the Trustees considering the balance of net current assets and investments less long-term liabilities of £297,642 to be adequate for future work. The charity reported a net loss of £218,039 for the year, primarily due to investment losses, while total charitable expenditure increased to £419,009.
What the accounts disclose
“The balance of net current assets and investments less long-term liabilities of £297,642 is considered by the Trustees, at about 12 months expenditure, to be an adequate but not excessive fund for the charity’s future work.” — page 5
“The loan shown above has been received from a related charity – the Community of the Order of Discalced Carmelites, Kensington, to assist with the charity’s building works. The loan is due to be repaid once the works are completed, which is more than one year after the balance sheet date. The loan is interest free.” — page 19
“During the year, the charity received £nil (2024: £458,233) from the Carmelite Provincial Fund and £nil (2024: £nil) from the Community of the Order of Discalced Carmelites, Kensington.” — page 17
“The loan shown above has been received from a related charity – the Community of the Order of Discalced Carmelites, Kensington, to assist with the charity’s building works. The loan is due to be repaid once the works are completed, which is more than one year after the balance sheet date. The loan is interest free.” — page 19
“During the year, the charity received £nil (2024: £458,233) from the Carmelite Provincial Fund and £nil (2024: £nil) from the Community of the Order of Discalced Carmelites, Kensington.” — page 17
“The loan shown above has been received from a related charity – the Community of the Order of Discalced Carmelites, Kensington, to assist with the charity’s building works. The loan is due to be repaid once the works are completed, which is more than one year after the balance sheet date. The loan is interest free.” — page 19
“During the year, the charity received £nil (2024: £458,233) from the Carmelite Provincial Fund and £nil (2024: £nil) from the Community of the Order of Discalced Carmelites, Kensington.” — page 17
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Chinedum Thaddeus Ekuma
- Rev James Noel Noonan
- Rev Jerome Oseagwina Ituah
- Rev Michael McGoldrick
- Rev Vincent O'Hara
- Trustees of the Discalced Carmelites Charity
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £607k | £785k |
| 31/03/2024 | £1.1m | £818k |
| 31/03/2023 | £882k | £656k |
| 31/03/2022 | £849k | £519k |
| 31/03/2021 | £520k | £403k |
Common questions
Is THE FRIENDS OF WHITEFRIARS OXFORD FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £3,119,852, with the Trustees considering the balance of net current assets and investments less long-term liabilities of £297,642 to be adequate for future work. The charity reported a net loss of £218,039 for the year, primarily due to investment losses, while total charitable expenditure increased to £419,009. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Third Order, Society of Saint Francis | 1 | £4k |
| THE W A HANDLEY CHARITY TRUST | 1 | £3k |
Charities like this
- THE CARMELITE CHARITABLE TRUST
- DISCALCED CARMELITES UK CIO
- COMMUNITY OF THE ORDER OF DISCALCED CARMELITES
- THE BROTHERS OF THE FIRST ORDER OF THE SOCIETY OF ST FRANCIS
- O.F.M. CAPUCHIN GB CHARITABLE TRUST
- THE COMMUNITY OF ST FRANCIS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FRIENDS OF WHITEFRIARS OXFORD FUND | £607k | — | 0 | within | — | no doubt |
| THE CARMELITE CHARITABLE TRUST | £2.4m | — | 0 | unclear | — | no doubt |
| DISCALCED CARMELITES UK CIO | £203k | — | 0 | within | — | no doubt |
| COMMUNITY OF THE ORDER OF DISCALCED CARMELITES | £945k | — | 0 | above | — | no doubt |
| THE BROTHERS OF THE FIRST ORDER OF THE SOCIETY OF ST FRANCIS | £1.3m | — | 0 | unclear | — | no doubt |
| O.F.M. CAPUCHIN GB CHARITABLE TRUST | £1.0m | Under £60,000 | 0 | above | — | no doubt |