THE ORDER OF ST BENEDICT AT ALTON ABBEY
To enable the Community to live a monastic life according to the rule of St Benedict and provide a retreat guesthouse
Objects
FOR THE PURPOSES OF THE ORDER OF ST. BENEDICT AND THE MAINTENANCE OF DESTITUTE AND INFIRM MERCHANT SEAMEN HOUSED AT THE ABBEY ALTON HAMPSHIRE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £105,026 for the year, resulting in a decrease in total funds from £3,724,683 to £3,619,657. The trustees maintain a reserves policy to hold at least three months of unrestricted payments, which equated to £37,569, and the general fund and cash at bank exceeded this figure at year-end. The charity also designated funds equal to the net value of fixed assets and the market value of the investment portfolio, totaling £3,552,639.
What the accounts disclose
“During the year under review the Charity made a grant of £20,000 to a related party, the Seamen's Friendly Society of St Paul.” — page 12
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- David Nigel Pricechair
- Brother ANDREW EDMOND ST GILES JOHNSON
- DOM Anselm Shobrook OSB
- DOM Anthony Witherspoon
- DOM Timothy Bavin OSB
- Rev Jonathan Edward Evans
- THE RT REVD DOM GILES HILL OSB
- The Reverend Canon Timothy David Pike
- Timothy Patrick Abraham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £32k | £171k |
| 31/12/2023 | £58k | £151k |
| 31/12/2022 | £106k | £157k |
| 31/12/2021 | £176k | £188k |
| 31/12/2020 | £122k | £133k |
Common questions
Is THE ORDER OF ST BENEDICT AT ALTON ABBEY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £105,026 for the year, resulting in a decrease in total funds from £3,724,683 to £3,619,657. The trustees maintain a reserves policy to hold at least three months of unrestricted payments, which equated to £37,569, and the general fund and cash at bank exceeded this figure at year-end. The charity also designated funds equal to the net value of fixed assets and the market value of the investment portfolio, totaling £3,552,639. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BNA CHARITABLE INCORPORATED ORGANISATION | 1 | £80k |
Charities like this
- ST BENEDICT'S CENTRE
- ST MILDRED'S ABBEY, MINSTER, KENT
- THE ENGLISH BENEDICTINE ORDER OF OULTON ABBEY NEAR STONE, STAFFS
- THE PRINKNASH ABBEY CHARITIES
- ABBEY ACCESS CENTRE
- MOUNT ST BERNARD ABBEY TRUSTEES REGISTERED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ORDER OF ST BENEDICT AT ALTON ABBEY | £32k | — | 0 | above | — | no doubt |
| ST BENEDICT'S CENTRE | £162k | — | 0 | unclear | — | no doubt |
| ST MILDRED'S ABBEY, MINSTER, KENT | £645k | — | — | above | — | no doubt |
| THE ENGLISH BENEDICTINE ORDER OF OULTON ABBEY NEAR STONE, STAFFS | £3.3m | — | 0 | below | — | material uncertainty |
| THE PRINKNASH ABBEY CHARITIES | £932k | — | 0 | unclear | — | no doubt |
| ABBEY ACCESS CENTRE | £900k | — | 0 | above | — | no doubt |