CONGREGATION OF THE MISSIONARY OBLATES OF THE MOST HOLY AND IMMACULATE VIRGIN MARY (OBLATES OF MARY IMMACULATE)
Financial health, per its FY2023 accounts
The accounts state that total net assets increased to £26,091,180, with unrestricted reserves standing at £25,980,015. The trustees consider these unrestricted reserves to be adequate and in line with their policy, noting that income from fundraising and investment returns is sufficient to fund the charity on an ongoing basis.
What the accounts disclose
“No staff member is receipt of a salary in excess of £35,000.” — page 15
“The trustees believe that the unrestricted reserves of the charity are adequate but not excessive and in line with its policy.” — page 13
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Oblates of Mary Immaculate
- Rev Eduardo Nunez-Yepez
- Rev Irvin Morastil OMI
- Rev Leo Philomin
- Rev Lorcan O'Reilly OMI
- Rev Martin Moran
- Rev Raymond Warren
- Rev Vimalrajan Parunanthu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.6m | £2.2m |
| 31/12/2023 | £2.0m | £2.2m |
| 31/12/2022 | £1.9m | £1.8m |
| 31/12/2021 | £2.6m | £1.9m |
| 31/12/2020 | £1.9m | £1.6m |
Common questions
Is CONGREGATION OF THE MISSIONARY OBLATES OF THE MOST HOLY AND IMMACULATE VIRGIN MARY (OBLATES OF MARY IMMACULATE) financially healthy?
The accounts state that total net assets increased to £26,091,180, with unrestricted reserves standing at £25,980,015. The trustees consider these unrestricted reserves to be adequate and in line with their policy, noting that income from fundraising and investment returns is sufficient to fund the charity on an ongoing basis. Its FY2023 accounts were audited by Mitchell Charlesworth (Audit) Limited.
What does the highest-paid employee of CONGREGATION OF THE MISSIONARY OBLATES OF THE MOST HOLY AND IMMACULATE VIRGIN MARY (OBLATES OF MARY IMMACULATE) earn?
Per its FY2023 accounts, the highest-paid employee was in the £0 - £10,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/09/2000 | £235k | "St Mary, Star of the Sea Church, Leith - Restoration" |