Charity Accounts Intelreading the accounts so you don’t have to

THE INCORPORATED CATHOLIC TRUTH SOCIETY

Registered charity 218951 · accounts filings on the Charity Commission register · also known as THE C T S, THE CTS

The apostolate of the Catholic Truth Society is to publish and distribute books and religious items to promote understanding of the Catholic faith, to as wide an audience as possible. The apostolate relies on the income produced from sales of its goods and from donations from the Catholic and wider Christian community.

Causes: Education/training · Religious Activities · Other Charitable Purposes · website · Get email alerts

Latest income
£5.0m
Latest spending
£3.0m
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a significant increase in total income to £4,982,020, driven primarily by publishing sales, resulting in a net surplus of £1,832,203. Per the trustees' report, free reserves stood at £3,221,387, which exceeds the stated policy target of three months' unrestricted cash expenditure, leading the trustees to conclude that reserves are adequate but not excessive.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £110,001 - £120,000 — in the top quarter for charities its size (median £70k)
“One employee earned between £110,001 and £120,000 (including taxable benefits but excluding employer’s pension contributions) during the year” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted cash expenditure (held: £3.2m)
“The trustees are of the opinion that the size of such a buffer should be approximately equal to at least three months’ unrestricted cash expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: One trustee received commission of £1,403 in respect of sales of books written prior to appointment. Two trustees received reimbursement of out-of-pocket expenses of £58.
“No trustee received any remuneration in respect of their services as a trustee during the year (2023 – £nil). Two trustees received reimbursement of out-of-pocket expenses of £58 (2023 – £23). One trustee received commission of £1,403 (2023 – £1,290) in respect of sales of books during the year which were written for CTS prior to his becoming a trustee.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£5.0m
Total spending
£3.0m
Cost of raising funds
£6k
Reserves (reported)
£0
Employees
12

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · Ireland · Isle Of Man · Italy · Malta · New Zealand · Northern Ireland · Poland · Scotland · South Africa · St Kitts And Nevis · St Lucia

Income and spending

Financial year endIncomeSpending
31/12/2024£5.0m£3.0m
31/12/2023£1.1m£1.1m
31/12/2022£1.7m£1.0m
31/12/2021£1.0m£945k
31/12/2020£859k£1.0m

Common questions

Is THE INCORPORATED CATHOLIC TRUTH SOCIETY financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a significant increase in total income to £4,982,020, driven primarily by publishing sales, resulting in a net surplus of £1,832,203. Per the trustees' report, free reserves stood at £3,221,387, which exceeds the stated policy target of three months' unrestricted cash expenditure, leading the trustees to conclude that reserves are adequate but not excessive. Its FY2024 accounts were audited by Buzzacott Audit LLP.

What does the highest-paid employee of THE INCORPORATED CATHOLIC TRUTH SOCIETY earn?

Per its FY2024 accounts, the highest-paid employee was in the £110,001 - £120,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
CATHOLIC CHARITABLE TRUST1£8k
THE SISTERS OF THE POOR CHILD JESUS1£6k
EDITH BESSIE GIBSON TRUST1£3k
THE COMMUNITY OF THE FRANCISCAN FRIARS OF THE RENEWAL1£500

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CATHOLIC TRUST FOR ENGLAND AND WALES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE INCORPORATED CATHOLIC TRUTH SOCIETY£5.0m£110,001 - £120,000—unclear—no doubt
CATHOLIC TRUST FOR ENGLAND AND WALES FY2024£10.9m——unclear—no doubt
CATHOLIC MOTHERS APOSTOLATE FY2025£157k—0unclear—no doubt
ALIVE PUBLISHING LIMITED FY2025£660k—0unclear—no doubt
THE PIOUS SOCIETY OF THE DAUGHTERS OF ST PAUL FY2024£1.1mUnder £60,0000unclear—no doubt
ASBOL LTD FY2024£134k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.