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THE SOCIETY OF ST PAUL THE APOSTLE

Registered charity 230948 · accounts filings on the Charity Commission register · also known as SOCIETY OF ST PAUL

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Latest income
£1.7m
Latest spending
£1.7m
Registered
1963
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net income of £59,808 for the year ended 31 December 2023, following a net expenditure in the prior year. Per the trustees' report, unrestricted funds stood at £2,261,032, with cash reserves of £275,593 deemed sufficient to meet medium-term direct charitable expenditure.

What the accounts disclose

Reserves policy: cash reserves of £275,593 are sufficient to meet the medium term direct charitable expenditure (held: £2.3m)
“The trustees are satisfied that the cash reserves of £275,593 are sufficient to meet the medium term direct charitable expenditure.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Shaw Gibbs (Audit) Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.7m
Total spending
£1.7m
Cost of raising funds
£1.2m
Reserves (reported)
£2.3m
Employees
14

Reported reserves equal ~16.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.7m£1.7m
31/12/2023£1.6m£1.6m
31/12/2022£1.4m£1.5m
31/12/2021£1.3m£1.3m
31/12/2020£1.0m£1.2m

Common questions

Is THE SOCIETY OF ST PAUL THE APOSTLE financially healthy?

The accounts state that the charity reported a net income of £59,808 for the year ended 31 December 2023, following a net expenditure in the prior year. Per the trustees' report, unrestricted funds stood at £2,261,032, with cash reserves of £275,593 deemed sufficient to meet medium-term direct charitable expenditure. Its FY2023 accounts were audited by Shaw Gibbs (Audit) Limited.