THE ENGLISH BENEDICTINE ORDER OF OULTON ABBEY NEAR STONE, STAFFS
The object of then Charity is the advancement of religious, educational or other charitable works.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £190,791 for the year, driven largely by a £268,328 loan interest charge. Per the trustees' report, the current level of reserves is less than ideal, and the financial statements disclose a material uncertainty regarding the charity's ability to continue as a going concern due to a proposed post-year-end restructuring involving the transfer of the care home and debt write-off.
What the accounts disclose
“The current level of reserves is less than ideal.” — page 6
“These events and conditions, along with other matters set out in Note 1, indicate the existence of a material uncertainty which may cast significant doubt on the charity's ability to continue as a going concern.” — page 8
“The Right Reverend Dom David Charlesworth is a Trustee of Oulton Abbey and is the Chair of Trustee's of The Buckfast Abbey Trust. Mr Philip Arkwright is a Trustee of Oulton Abbey and is the Chief Executive Officer of The Buckfast Abbey Trust.” — page 26
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → material uncertainty (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Oulton Abbey Residential & Nursing Home: Good
Trustees
- Right Rev David Roger Charlesworth OSBchair
- Dame Mary Peter Smith
- Elias Baroudi
- Philip Arkwright
- Rev Simon Stevens
- The Rev Dom Thomas Regan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.3m | £3.4m |
| 31/03/2024 | £2.9m | £3.4m |
| 31/03/2023 | £2.6m | £3.0m |
| 31/03/2022 | £2.5m | £2.5m |
| 31/03/2021 | £2.8m | £2.5m |
Common questions
Is THE ENGLISH BENEDICTINE ORDER OF OULTON ABBEY NEAR STONE, STAFFS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £190,791 for the year, driven largely by a £268,328 loan interest charge. Per the trustees' report, the current level of reserves is less than ideal, and the financial statements disclose a material uncertainty regarding the charity's ability to continue as a going concern due to a proposed post-year-end restructuring involving the transfer of the care home and debt write-off. Its FY2025 accounts were audited by BK Plus Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ST CECILIA'S ABBEY RYDE ISLE OF WIGHT | 1 | £255k |
| THE FOUNDATION OF ST. BENEDICT OF NURSIA | 1 | £133k |
| GOWLING WLG (UK) CHARITABLE TRUST | 1 | £1k |
Charities like this
- ST BENEDICT'S CENTRE
- THE ENGLISH DOMINICAN CONGREGATION (STONE) CHARITABLE FUND
- THE FOUNDATION OF ST. BENEDICT OF NURSIA
- ST MARY'S ABBEY, QUARR
- THE PRINKNASH ABBEY CHARITIES
- THE ENGLISH BENEDICTINE CONGREGATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ENGLISH BENEDICTINE ORDER OF OULTON ABBEY NEAR STONE, STAFFS | £3.3m | — | 0 | below | — | material uncertainty |
| ST BENEDICT'S CENTRE | £162k | — | 0 | unclear | — | no doubt |
| THE ENGLISH DOMINICAN CONGREGATION (STONE) CHARITABLE FUND | £13.4m | — | — | below | — | no doubt |
| THE FOUNDATION OF ST. BENEDICT OF NURSIA | £238k | — | 0 | unclear | — | no doubt |
| ST MARY'S ABBEY, QUARR | £1.6m | — | 0 | unclear | — | no doubt |
| THE PRINKNASH ABBEY CHARITIES | £932k | — | 0 | unclear | — | no doubt |