THE SOCIETY OF THE WOMEN OF NAZARETH (KNOWN AS THE LADIES OF THE GRAIL)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £301,043 for the year ended 31 December 2024, primarily due to the non-receipt of a legacy received in the prior year. Despite this deficit, the charity holds unrestricted funds of £6,721,954, which the trustees consider an appropriate level of free reserves given the economic climate and current mission considerations.
What the accounts disclose
“It is the policy of the Society to maintain unrestricted funds, which are the free reserves of the society, at a level, which provides for the day-to-day activities of the society.” — page 4
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2023) to "above" (FY2024).
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Christine Mary Barker
- Dr Philippa Anne Garety
- MARY FRANCES LEAVY
- MOIRA WINEFREDE LEIGH
- SARAH ANNE O'GRADY
- THE VEN ANTONY CHARLES MACROW-WOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £196k | £497k |
| 31/12/2023 | £820k | £465k |
| 31/12/2022 | £202k | £409k |
| 31/12/2021 | £236k | £263k |
| 31/12/2020 | £183k | £252k |
Common questions
Is THE SOCIETY OF THE WOMEN OF NAZARETH (KNOWN AS THE LADIES OF THE GRAIL) financially healthy?
The accounts state that the charity reported a deficit of £301,043 for the year ended 31 December 2024, primarily due to the non-receipt of a legacy received in the prior year. Despite this deficit, the charity holds unrestricted funds of £6,721,954, which the trustees consider an appropriate level of free reserves given the economic climate and current mission considerations. Its FY2024 accounts were independently examined.