HOLY ROOD COMMUNITY CHARITY
To provide for the relief of persons who were previously Sisters of the Holy Rood who are in conditions of need, hardship or distress and thereafter apply income to furthering the religious or other charitable work of the Church of England in the Diocese of York.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased to £236,481 from £289,028 in the prior year, driven by net expenditure exceeding investment gains. The trustees report that this level of reserves is maintained to support the needs of the remaining former Sister in the medium term. The charity holds significant endowment funds totaling £2,649,307, which increased during the year due to investment gains.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level sufficient to support the needs of the remaining former Sister in the medium term allowing for the unpredictable nature of the potential costs.” — page 4
Trustees
- DAVID BROOKE
- David Jeremy Michael Burchill
- MARTYN JOHN CLARKE
- ROBIN CLOUGH
- Rev PAUL WORDSWORTH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £81k | £141k |
| 31/12/2024 | £85k | £146k |
| 31/12/2023 | £81k | £153k |
| 31/12/2022 | £70k | £201k |
| 31/12/2021 | £53k | £153k |
Common questions
Is HOLY ROOD COMMUNITY CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves decreased to £236,481 from £289,028 in the prior year, driven by net expenditure exceeding investment gains. The trustees report that this level of reserves is maintained to support the needs of the remaining former Sister in the medium term. The charity holds significant endowment funds totaling £2,649,307, which increased during the year due to investment gains. Its FY2024 accounts were independently examined.