HOLY ROOD TRUST

Registered charity 266602 · accounts filings on the Charity Commission register

The charity makes grants to contemplative orders for the purposes of relieving poverty and advancing education in accordance with the charity's objects.

Objects

A. RELIEF OF POVERTY AMONG MONKS AND NUNS THE MEMBERS OF WHICH DEVOTE THEIR LIVES TO PRAYER AND CONTEMPLATION. B. PROMOTION OF THE EDUCATION OF MONKS AND NUNS IN SUBJECTS RELEVANT TO EFFICIENT ADMINISTRATION OF THE AFFAIRS OF THE COMMUNITIES TO WHICH THEY BELONG.C. RELIEF OF THOSE IN NEED BY REASON OF OLD AGE, ILLNESS OR DISABILITY AMONG MONKS AND NUNS WITHIN THE UK, THE MEMBERS OF WHICH DEVOTE THEIR LIVES TO PRAYER AND CONTEMPLATION.

Area of benefit: UNITED KINGDOM

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£27k
Latest spending
£42k
Registered
1973
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted reserves of £927,998 at the end of the year, which the trustees consider sufficient for working capital and grant-making requirements. The charity reported a net deficit of £15,194 for the year, driven by charitable expenditure exceeding incoming resources, though this was offset by significant investment gains. The trustees confirm the charity has adequate resources to continue as a going concern with no material uncertainties identified.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“All income and expenditure in 2024 and 2023 was unrestricted.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: at least one-third of the Charity’s total assets (held: £928k)
“It is the Trustees’ policy to hold at least one-third of the Charity’s total assets in reserve in order to cover the costs of the Charity and to continue to provide a minimum amount of grant making to its beneficiaries.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 11. Related party transactions
“One of the Trustees, Gerald Edward Kidd, is a partner in the firm of Pothecary Witham Weld. During the year administration and management fees of £15,600 (including VAT) (2023: £15,600) were payable to Pothecary Witham Weld. The transactions were at arm's length and on a normal commercial basis.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£27k£42k
31/12/2023£28k£64k
31/12/2022£27k£63k
31/12/2021£36k£42k
31/12/2020£24k£33k

Common questions

Is HOLY ROOD TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £927,998 at the end of the year, which the trustees consider sufficient for working capital and grant-making requirements. The charity reported a net deficit of £15,194 for the year, driven by charitable expenditure exceeding incoming resources, though this was offset by significant investment gains. The trustees confirm the charity has adequate resources to continue as a going concern with no material uncertainties identified. Its FY2024 accounts were independently examined.