TRUST PROPERTY HELD IN CONNECTION WITH BROTHER SERVANTS OF THE BLESSED VIRGIN SERVITE FATHERS
Parish ministries, education and trusteeship of voluntary-aided schools, service to the Friars, outreach to missions and other charities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £486,464 for the year ended 31 December 2024, driven by significant net gains on investments and a revaluation of investment property. The trustees and auditors confirm that the charity is a going concern with sufficient resources to meet its liabilities as they fall due. Total net assets stood at £9,974,105, with unrestricted funds comprising the majority of the charity's financial position.
What the accounts disclose
“Income in 2024 amounted to £850,578 (2023: £1,1 14,974).” — page 9
“In accordance with a well-founded tradition support was given to our General Council in Rome, and to the Pontifical University, the Marianum.” — page 3
“during 2024 the London based trust provided £61,000 (2023 ; £109,370) towards a Service Level Agreement for the Library and Archive in combination with the related Irish Charity “Servite Community - Rathfarnham””
“In accordance with a well-founded tradition support was given to our General Council in Rome, and to the Pontifical University, the Marianum.” — page 3
“during 2024 the London based trust provided £61,000 (2023 ; £109,370) towards a Service Level Agreement for the Library and Archive in combination with the related Irish Charity “Servite Community - Rathfarnham””
“In accordance with a well-founded tradition support was given to our General Council in Rome, and to the Pontifical University, the Marianum.” — page 3
“during 2024 the London based trust provided £61,000 (2023 ; £109,370) towards a Service Level Agreement for the Library and Archive in combination with the related Irish Charity “Servite Community - Rathfarnham””
“In accordance with a well-founded tradition support was given to our General Council in Rome, and to the Pontifical University, the Marianum.” — page 3
“during 2024 the London based trust provided £61,000 (2023 ; £109,370) towards a Service Level Agreement for the Library and Archive in combination with the related Irish Charity “Servite Community - Rathfarnham””
“Ohana Centre Ltd has assumed the day to day running of the specialised nursery, they have extended their lease to 2027. The frontage on Fulham Road, (T block) has been let to Nammu Workplace Ltd.” — page 10
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (05/10/2018)
- Received assets from another charity (21/07/2015)
Trustees
- Rev Colm McGlynn OSMchair
- REV PATRICK RYALL
- Rev Allan Satur OSM
- Rev Christopher O'Brien OSM
- Rev Liam Tracey OSM
- Rev Paul Addison OSM
- Rev Vincent Coyne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £851k | £843k |
| 31/12/2023 | £1.1m | £968k |
| 31/12/2022 | £1.1m | £1.2m |
| 31/12/2021 | £1.0m | £845k |
| 31/12/2020 | £919k | £774k |
Common questions
Is TRUST PROPERTY HELD IN CONNECTION WITH BROTHER SERVANTS OF THE BLESSED VIRGIN SERVITE FATHERS financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £486,464 for the year ended 31 December 2024, driven by significant net gains on investments and a revaluation of investment property. The trustees and auditors confirm that the charity is a going concern with sufficient resources to meet its liabilities as they fall due. Total net assets stood at £9,974,105, with unrestricted funds comprising the majority of the charity's financial position. Its FY2024 accounts were audited by HaysMac LLP.