THE ANGLO-CATHOLIC ORDINATION CANDIDATES FUND
Financial health, per its FY2024 accounts
The accounts state that the Fund holds unrestricted reserves of £5,859,389, which the Trustees consider sufficient to continue operations for at least twelve months. Although investment income alone did not cover annual expenditure, the Fund generated a total surplus of £449,219 through investment gains and property sales. The Trustees intend to maintain reserves to meet operating requirements and special grants.
What the accounts disclose
“The Trustee intends to maintain reserves at levels sufficient to generate income to meet annual operating requirements and to be able to meet special grants as and when they arise.” — page 5
“Six trustees, who are now directors of the Trustee company were reimbursed travelling, and secretarial expenses totalling £823”
“The loan of £67,191 to St Stephen's House is secured upon a specified part of the freehold property of 16 Marston Street, Oxford.” — page 16
“Six trustees, who are now directors of the Trustee company were reimbursed travelling, and secretarial expenses totalling £823”
“The loan of £67,191 to St Stephen's House is secured upon a specified part of the freehold property of 16 Marston Street, Oxford.” — page 16
Trustees
- ACOCF Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £130k | £208k |
| 31/12/2023 | £110k | £166k |
| 31/12/2022 | £88k | £147k |
| 31/12/2021 | £93k | £140k |
| 31/12/2020 | £86k | £132k |
Common questions
Is THE ANGLO-CATHOLIC ORDINATION CANDIDATES FUND financially healthy?
The accounts state that the Fund holds unrestricted reserves of £5,859,389, which the Trustees consider sufficient to continue operations for at least twelve months. Although investment income alone did not cover annual expenditure, the Fund generated a total surplus of £449,219 through investment gains and property sales. The Trustees intend to maintain reserves to meet operating requirements and special grants. Its FY2024 accounts were independently examined.
Who funds THE ANGLO-CATHOLIC ORDINATION CANDIDATES FUND?
Funders whose own accounts filings name THE ANGLO-CATHOLIC ORDINATION CANDIDATES FUND as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAWLEY.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAWLEY | FY2022 | £225 |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAWLEY | FY2023 | £210 |
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- ST AUGUSTINE'S FOUNDATION
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDERSBROOK ST GABRIEL
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