TRUST PROPERTY HELD BY TRUSTEES OF ST AUGUSTINE'S PRIORY
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a net deficit of £469,790 for the year ended 31 July 2025, driven by a loss on investment assets of £178,816 and charitable expenditure exceeding incoming resources. Despite this deficit, total funds decreased from £7,447,350 to £6,977,560, with unrestricted reserves standing at £1,876,056. The trustees confirmed the Trust's ability to continue as a going concern for the foreseeable future.
What the accounts disclose
“Trust policy with regard to reserves is largely a reflection of its current and future financial commitments. To that end, apart from the periodic accumulation of reserves towards specific capital projects, the trustees intend to maintain sufficient cash reserves to cover such contingencies as might reasonably be foreseen.” — page 4
Trustees
- Marian Catherine Doylechair
- Charles Verriour Marment
- Martin Patrick Moran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £145k | £436k |
| 31/07/2024 | £151k | £241k |
| 31/07/2023 | £133k | £233k |
| 31/07/2022 | £145k | £235k |
| 31/07/2021 | £103k | £231k |
Common questions
Is TRUST PROPERTY HELD BY TRUSTEES OF ST AUGUSTINE'S PRIORY financially healthy?
The accounts state that the Trust reported a net deficit of £469,790 for the year ended 31 July 2025, driven by a loss on investment assets of £178,816 and charitable expenditure exceeding incoming resources. Despite this deficit, total funds decreased from £7,447,350 to £6,977,560, with unrestricted reserves standing at £1,876,056. The trustees confirmed the Trust's ability to continue as a going concern for the foreseeable future. Its FY2025 accounts were audited by Merchant Mackinlay Simpson Ltd.
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