ROMAN CATHOLIC PURPOSES ADMINISTERED IN CONNECTION WITH THE SOCIETY OF AFRICAN MISSIONS
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net deficit of £1,467,724 for the year ended 31 December 2022, primarily driven by investment losses and higher charitable expenditure. Total unrestricted reserves decreased to £11,984,404, while the trustees maintain that the charity remains a going concern with sufficient cash reserves to continue operations.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (09/09/2021)
Trustees
- REV ROBERT MORLAND SMA
- Rev ROZARIO THYAGARAJ ARPUTHAM SMA
- Rev SAMUEL MAWUNYA KOKU AGBEME SMA
- Rev Thomas Joseph Ryan SMA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.4m |
| 31/12/2023 | £1.2m | £1.3m |
| 31/12/2022 | £1.2m | £1.4m |
| 31/12/2021 | £1.0m | £1.2m |
| 31/12/2020 | £1.0m | £1.6m |
Common questions
Is ROMAN CATHOLIC PURPOSES ADMINISTERED IN CONNECTION WITH THE SOCIETY OF AFRICAN MISSIONS financially healthy?
The accounts state that the charity reported a net deficit of £1,467,724 for the year ended 31 December 2022, primarily driven by investment losses and higher charitable expenditure. Total unrestricted reserves decreased to £11,984,404, while the trustees maintain that the charity remains a going concern with sufficient cash reserves to continue operations. Its FY2022 accounts were audited by The Moffatts Partnership LLP.