THE MONTFORT MISSIONARY SOCIETY
Operation of two pastoral centres to help people through retreats, courses and guidance;Administer parishes for the Diocese of Portsmouth;Engaging in missions in England and around the world.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource of £2,206,763 for the year ended 31 December 2024, resulting in total unrestricted funds of £5,061,817. The trustees consider the total funds of a little over £5m to be sufficient for the Society's future needs, particularly given the commitment to care for members in sickness and old age. The financial review notes that while reserves have been reduced in recent years, the charity has located new income streams and expects a positive impact on reserves from a post-balance sheet land sale.
What the accounts disclose
“No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.” — page 17
“Actuarial calculations in 2002 showed that a secure fund of at least £4.5m (at today 's values) would be needed as many Society members had no pensions or pension rights. The Trustees have reviewed this fund to ensure it is adequate but not excessive and in consideration of a declining number of members have reduced it at the year end.” — page 21
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Aidan Wilfred Murphy
- John Kieran Flynn
- Rev Balaswamy Kata
- Richard Magararu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.7m | £580k |
| 31/12/2023 | £297k | £501k |
| 31/12/2022 | £227k | £527k |
| 31/12/2021 | £309k | £657k |
| 31/12/2020 | £441k | £660k |
Common questions
Is THE MONTFORT MISSIONARY SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £2,206,763 for the year ended 31 December 2024, resulting in total unrestricted funds of £5,061,817. The trustees consider the total funds of a little over £5m to be sufficient for the Society's future needs, particularly given the commitment to care for members in sickness and old age. The financial review notes that while reserves have been reduced in recent years, the charity has located new income streams and expects a positive impact on reserves from a post-balance sheet land sale. Its FY2024 accounts were audited by Town & Forest.