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

ST MARY'S TRUST

Registered charity 259887 · accounts filings on the Charity Commission register

Latest income
£597k
Latest spending
£324k
Registered
1971
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the Trust reported a net loss of £581,674 for the year ended 31 December 2023, primarily due to significant expenditure on the Pineapple Project. Per the trustees' report, this loss was funded by withdrawing £892,000 from investment assets, reducing the total net assets from £2,278,182 to £1,696,508. The trustees confirm there are no material uncertainties regarding the Trust's ability to continue as a going concern.

What the accounts disclose

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£597k
Total spending
£324k
Cost of raising funds
£157k
Reserves (reported)
£586k
Employees
0

Reported reserves equal ~21.7 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: City Of Westminster

Income and spending

Financial year endIncomeSpending
31/12/2024£597k£324k
31/12/2023£149k£764k
31/12/2022£163k£147k
31/12/2021£205k£159k
31/12/2020£184k£246k

Common questions

Is ST MARY'S TRUST financially healthy?

The accounts state that the Trust reported a net loss of £581,674 for the year ended 31 December 2023, primarily due to significant expenditure on the Pineapple Project. Per the trustees' report, this loss was funded by withdrawing £892,000 from investment assets, reducing the total net assets from £2,278,182 to £1,696,508. The trustees confirm there are no material uncertainties regarding the Trust's ability to continue as a going concern. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
MATER ECCLESIAE CIO1£50k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY, BOURNE STREET, LONDON.