ST MARY'S TRUST
St Mary's Trust acts principally to benefit the church of St Mary, Bourne Street, Pimlico, London SW1 (Church of England). It does so by providing accommodation for the Vicar of St Mary's and other clergy, and persons working for St Mary's, providing social facilities and meeting space, and financial assistance.
Financial health, per its FY2024 accounts
The accounts state that the Trust held unrestricted reserves of £585,903 at the end of the year, with total net assets of £2,016,415. Per the trustees' report, the Trust achieved a net surplus of £320,017 for the year, driven by a significant legacy receipt and investment income, despite substantial expenditure on the Pineapple Project. The trustees confirmed there are no material uncertainties regarding the Trust's ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- DAVID LAWRENCE MARCHESEchair
- LORD COCHRANE THOMAS HUNTER VERE COCHRANE
- MR KRIS ROMANSKI
- MR SHANE FLETCHER
- Michelle Gurney
- Rollo Burgess
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £131k | £584k |
| 31/12/2024 | £597k | £324k |
| 31/12/2023 | £149k | £764k |
| 31/12/2022 | £163k | £147k |
| 31/12/2021 | £205k | £159k |
Common questions
Is ST MARY'S TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the Trust held unrestricted reserves of £585,903 at the end of the year, with total net assets of £2,016,415. Per the trustees' report, the Trust achieved a net surplus of £320,017 for the year, driven by a significant legacy receipt and investment income, despite substantial expenditure on the Pineapple Project. The trustees confirmed there are no material uncertainties regarding the Trust's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY OF RICHARD CLOUDESLEY | 1 | £189k |
| CRIPPLEGATE FOUNDATION | 1 | £45k |
| DULWICH ALMSHOUSE CHARITY | 1 | £26k |
| THE SLAUGHTER AND MAY CHARITABLE TRUST | 1 | £21k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
| THE COOKS CHARITY | 1 | £990 |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY, BOURNE STREET, LONDON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARYLEBONE WITH HOLY TRINITY ST MARYLEBONE
- ST MARY WITH ST PAUL TRUST AT PENZANCE CORNWALL
- BRIXTON FEOFFEE TRUST
- ST LUKE'S PAROCHIAL TRUST
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN ST MARYCHURCH, TORQUAY.
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST MARY'S TRUST | £131k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY, BOURNE STREET, LONDON | £272k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARYLEBONE WITH HOLY TRINITY ST MARYLEBONE | £1.3m | more than £60,000 | 1 | above | — | no doubt |
| ST MARY WITH ST PAUL TRUST AT PENZANCE CORNWALL | £217k | — | 0 | unclear | — | no doubt |
| BRIXTON FEOFFEE TRUST | £326k | — | 0 | unclear | — | no doubt |
| ST LUKE'S PAROCHIAL TRUST | £1.5m | — | — | below | — | no doubt |