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

CALDEY ABBEY

Registered charity 259850 · accounts filings on the Charity Commission register · also known as CALDEY ISLAND TRUST

Latest income
£1.3m
Latest spending
£1.1m
Registered
1970
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net income of £321,255 for the year ended 31 January 2025, a significant improvement from the previous year's net expenditure. Per the trustees' report, unrestricted reserves increased to £1,348,595, providing a buffer for ongoing property investments and safeguarding costs, while the trading subsidiary recorded a loss of £77,791 due to restructuring efforts.

What the accounts disclose

Reserves policy: retain some of its surplus income as reserves... necessary to secure the future ability of the Charity to support the religious community... maintain historic buildings... and evolve business activity (held: £1.3m)
“The Trustees consider that the long-term nature of the Trust’s charitable objectives requires that it retain some of its surplus income as reserves. These reserves are necessary to secure the future ability of the Charity to support the religious community at Caldey, to maintain the historic buildings on the Island and to maintain and evolve the business activity on the Island” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee provided with property for use; value estimated at £4,920.
“Miss M Battle During the year the Trustee was provided with a property for use whilst visting the island. The estimated value of this property if rented openly would be £4,920.”
“The trustees had clothes & laundry, leath products and travel to the value of £1,970 paid within the year” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees received clothes, laundry, leather products and travel expenses totaling £1,970.
“Miss M Battle During the year the Trustee was provided with a property for use whilst visting the island. The estimated value of this property if rented openly would be £4,920.”
“The trustees had clothes & laundry, leath products and travel to the value of £1,970 paid within the year” — page 37
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HSJ Audit Limited.

Structured financials (annual return, FY ending 31/01/2025)

Total income
£1.3m
Total spending
£1.1m
Cost of raising funds
£665k
Reserves (reported)
£956k
Employees
13

Reported reserves equal ~10.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Pembrokeshire

Income and spending

Financial year endIncomeSpending
31/01/2025£1.3m£1.1m
31/01/2024£708k£842k
31/01/2023£672k£581k
31/01/2022£621k£532k
31/01/2021£306k£476k

Common questions

Is CALDEY ABBEY financially healthy?

The accounts state that the charity achieved a net income of £321,255 for the year ended 31 January 2025, a significant improvement from the previous year's net expenditure. Per the trustees' report, unrestricted reserves increased to £1,348,595, providing a buffer for ongoing property investments and safeguarding costs, while the trading subsidiary recorded a loss of £77,791 due to restructuring efforts. Its FY2025 accounts were audited by HSJ Audit Limited.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund02/12/1999£563k"Caldey Island Improvement Works Phase II"
The National Lottery Heritage Fund19/11/1996£158k"Caldey Island Infrastructure And Tourism Project"

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MOUNT ST BERNARD ABBEY TRUSTEES REGISTERED.