THE LATIN MASS SOCIETY
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £49,899 for the year, driven by a 62% drop in income due to fewer legacies, although unrestricted reserves remained robust at £1,636,925. Per the trustees' report, the charity maintains a reserves policy target of three to six months' expenditure and confirms that this level of reserves has been maintained throughout the year.
What the accounts disclose
“It is the policy of the Society that unrestricted funds, which have not been designated for a specific use, should be maintained at a level equivalent to between three and six month’s expenditure.” — page 7
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2022) to "within" (FY2024).
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- DR THE HONOURABLE ALEXANDER JOSEPH RANALD SHAWchair
- ALASTAIR TOCHER
- Aileen Seymour
- Alan Gardner
- Antonia Robinson
- DAVID FORSTER
- Julia Jones
- KEVIN JONES
- PAUL WADDINGTON
- Selina Fang
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £359k | £409k |
| 31/12/2023 | £948k | £343k |
| 31/12/2022 | £271k | £326k |
| 31/12/2021 | £319k | £281k |
| 31/12/2020 | £144k | £241k |
Common questions
Is THE LATIN MASS SOCIETY financially healthy?
The accounts state that the charity reported a net deficit of £49,899 for the year, driven by a 62% drop in income due to fewer legacies, although unrestricted reserves remained robust at £1,636,925. Per the trustees' report, the charity maintains a reserves policy target of three to six months' expenditure and confirms that this level of reserves has been maintained throughout the year. Its FY2024 accounts were independently examined.
Who funds THE LATIN MASS SOCIETY?
Funders whose own accounts filings name THE LATIN MASS SOCIETY as a grant recipient include CATHOLIC CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CATHOLIC CHARITABLE TRUST | FY2022 | £3k |
| CATHOLIC CHARITABLE TRUST | FY2025 | £2k |
| CATHOLIC CHARITABLE TRUST | FY2023 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CATHOLIC TRUST FOR ENGLAND AND WALES | 1 | £63k |
| THE DYERS' COMPANY CHARITABLE TRUST | 1 | £2k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST LEONARD, HORBURY WITH ST JOHN, HORBURY BRIDGE | 1 | £2k |