ST MILDRED'S ABBEY, MINSTER, KENT

Registered charity 232635 · accounts filings on the Charity Commission register

the work of the charity is to support the work of the Roman Catholic Church throughout the world. As Benedicitnes the main purpose of our lives is to seek to be open to God, this means giving open hearted welcome to all those who come to our monastebringing contact with a whole range of the worlds experience. 1. hospitality 2. thorugh our prayer and liturgy3. care of ancient buildings.

Causes: General Charitable Purposes · Religious Activities · Other Charitable Purposes · website · Get email alerts

Latest income
£387k
Latest spending
£280k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £1,901,779, which the trustees consider appropriate given their policy target of 12 to 18 months of expenditure. The filing notes that the charity is entitled to exemption from audit and has undergone an independent examination rather than a statutory audit.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 12 to 18 months expenditure (held: £1.9m)
the level of free reserves should be approximately equal to 12 to 18 months expenditure.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/12/2024£387k£280k
31/12/2023£295k£268k
31/12/2022£160k£306k
31/12/2021£229k£169k
31/12/2020£125k£154k

Common questions

Is ST MILDRED'S ABBEY, MINSTER, KENT financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £1,901,779, which the trustees consider appropriate given their policy target of 12 to 18 months of expenditure. The filing notes that the charity is entitled to exemption from audit and has undergone an independent examination rather than a statutory audit. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ST MARY'S ABBEY, QUARR.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ST MILDRED'S ABBEY, MINSTER, KENT£387k0unclearno doubt
ST MARY'S ABBEY, QUARR FY2023£1.6m0unclearno doubt
AMPLEFORTH ABBEY FY2025£22.2m£200,000 - £220,000unclearno doubt
PCC St Mildred's and St Michael's Tenterden FY2024£825k0aboveno doubt
MOUNT ST BERNARD ABBEY TRUSTEES REGISTERED FY2025£1.4m0belowno doubt
THE TRUST OF ST BENEDICT'S ABBEY EALING FY2025£1.7m0unclearno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.