Charity Accounts Intelreading the accounts so you don’t have to

CONGREGATION OF THE BROTHERS OF CHARITY

Registered charity 234252 · accounts filings on the Charity Commission register · also known as BROTHERS OF CHARITY SERVICES

Get email alerts for this charity

Latest income
£34.2m
Latest spending
£36.0m
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net decrease in funds of £3,284k for the year ended 31 March 2024, driven by a loss on fixed asset revaluation and province grants. Per the trustees' report, free unrestricted reserves of £19.3m exceeded the stated policy target of £14.6m, indicating a strong liquidity position despite the overall deficit.

What the accounts disclose

Reserves policy: three months' operational costs for Regional Services and six months' operational costs for the Charity nationally (held: £19.3m)
“The combined target level of reserves under the above reserves policy is £14.6m and the actual free reserves (representing general unrestricted funds excluding tangible and intangible fixed assets and pension liability) at 31 March 2024 is £19.3m.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Accountancy services from Champion Accountants
“Champion Accountants is a company in which Stephen Robinson (Trustee from 23 August 2021 to 11 July 2023) is an employee and a director of certain group companies. During the period in the year he was a Trustee Brothers of Charity Services in the United Kingdom have been charged £nil (2023: £24,600) for accountancy and associated services.” — page 54
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£34.2m
Total spending
£36.0m
Reserves (reported)
£19.8m
Employees
1,053

Reported reserves equal ~6.6 months of spending — above the median for charities its size (median 4.6 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
31/03/2025£34.2m£36.0m
31/03/2024£31.1m£33.3m
31/03/2023£28.7m£30.1m
31/03/2022£27.2m£26.0m
31/03/2021£25.1m£23.2m

Common questions

Is CONGREGATION OF THE BROTHERS OF CHARITY financially healthy?

The accounts state that the charity reported a net decrease in funds of £3,284k for the year ended 31 March 2024, driven by a loss on fixed asset revaluation and province grants. Per the trustees' report, free unrestricted reserves of £19.3m exceeded the stated policy target of £14.6m, indicating a strong liquidity position despite the overall deficit. Its FY2024 accounts were audited by Forvis Mazars LLP.