THE PROVINCE OF GREAT BRITAIN OF THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (THE DE LA SALLE BROTHERS)
Financial health, per its FY2024 accounts
The accounts state that the charity transferred all its assets and liabilities to a successor CIO at the end of the financial year, leaving it with no remaining liabilities. The trustees concluded there are no material uncertainties regarding its ability to continue as a going concern, although they noted that the vicarious liability provision poses a longer-term risk to the sustainability of the mission.
What the accounts disclose
“The longer term policy is to have sustainable general or “free” reserves equal to at least six to twelve months’ expenditure.” — page 24
“The trustees of the charity are also the trustees of De la Salle Great Britain CIO to which the charity transferred its activities, assets and liabilities with effect from midnight on 31 December 2024 (see note 23). There were no other transactions between the charity and the CIO.” — page 53
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (19/05/2018)
Trustees
- Rev Br Patrick Hanlonchair
- REV BR JAMES KILTY
- REV BR JOHN DEENEY
- REV BR MICHAEL CURRAN
- REV BR NICHOLAS SELLORS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.4m | £5.4m |
| 31/12/2023 | £4.2m | £2.9m |
| 31/12/2022 | £2.4m | £3.7m |
| 31/12/2021 | £2.2m | £4.1m |
| 31/12/2020 | £2.4m | £3.5m |
Common questions
Is THE PROVINCE OF GREAT BRITAIN OF THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (THE DE LA SALLE BROTHERS) financially healthy?
The accounts state that the charity transferred all its assets and liabilities to a successor CIO at the end of the financial year, leaving it with no remaining liabilities. The trustees concluded there are no material uncertainties regarding its ability to continue as a going concern, although they noted that the vicarious liability provision poses a longer-term risk to the sustainability of the mission. Its FY2024 accounts were audited by Buzzacott Audit LLP.