MONMOUTH DIOCESAN TRUST

Registered charity 232841 · accounts filings on the Charity Commission register

To provide funding for new and existing Church in Wales schools in Monmouth diocese.

Causes: Education/training · website · Get email alerts

Latest income

£40k

Latest spending

£642k

Registered

1964

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds total funds of £35,867,399, with the majority (£35,041,837) restricted to Land & Buildings. The trustees' report indicates that the level of reserves is considered adequate for future needs, supported by a policy to hold at least £50k in cash for short-term expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

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

What the accounts disclose

Reserves policy: at least £50k in cash to cover short term expenditure (held: £826k)

“The current policy is to hold at least £50k in cash to cover short term expenditure.” — page 6

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Walter Hunter & Co Limited. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

12 registered titles in England and Wales held by the charity’s company or corporate body (11 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

NICOLA PRICE
REBECCA PENN
SUSAN GWYER-ROBERTS
The Right Reverend Cherry Elizabeth Vann · trustee of 4 other charities
The Venerable Ian Kendall Rees · trustee of 3 other charities
The Venerable James Andrew Henley · trustee of 1 other charity
The Venerable Stella Bailey · trustee of 3 other charities
Very Reverend Ian Christopher Black · trustee of 2 other charities

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

Operates in: Blaenau Gwent · Cardiff · Monmouthshire · Newport City · Torfaen

Income and spending

Financial year end	Income	Spending
31/12/2024	£40k	£642k
31/12/2023	£41k	£653k
31/12/2022	£47k	£636k
31/12/2021	£27k	£629k
31/12/2020	£35k	£636k

Common questions

Is MONMOUTH DIOCESAN TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds total funds of £35,867,399, with the majority (£35,041,837) restricted to Land & Buildings. The trustees' report indicates that the level of reserves is considered adequate for future needs, supported by a policy to hold at least £50k in cash for short-term expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Walter Hunter & Co Limited.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Heritage Fund	27/02/2001	£366k	"St Sannan's Church Restoration - South Nave"
The National Lottery Heritage Fund	25/02/1999	£113k	"St Tudors Church, Mynyddislwyn - Repairs"