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

THE SOCIETY OF ST PIUS X

Registered charity 274695 · accounts filings on the Charity Commission register · also registered in Scotland as SC042974 (OSCR)

Latest income
£1.9m
Latest spending
£2.0m
Registered
1977
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity operated at a surplus with net income of £474,777 for the year ended 31 December 2022. Total net assets increased to £18,004,648, comprising significant tangible fixed assets and investments, with unrestricted funds of £15,953,834 and restricted funds of £2,050,814. The trustees consider the current level of reserves satisfactory to meet the charity's needs effectively.

What the accounts disclose

Reserves policy: sufficient reserves should be maintained to support all functional assets used by the charity, to support approximately two year's expenditure required to operate the school for the continuity of the pupils' education and to retain adequate funds to maintain the properties. (held: £16.0m)
“sufficient reserves should be maintained to support all functional assets used by the charity, to support approximately two year's expenditure required to operate the school for the continuity of the pupils' education and to retain adequate funds to maintain the properties.”
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Burgess Hodgson LLP.

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

Total income
£1.9m
Total spending
£2.0m
Reserves (reported)
£19.9m
Employees
24

Reported reserves equal ~119.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Denmark · Northern Ireland · Norway · Scotland · Sweden · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.9m£2.0m
31/12/2023£4.3m£2.4m
31/12/2022£2.5m£1.7m
31/12/2021£2.2m£1.7m
31/12/2020£2.0m£1.5m

Common questions

Is THE SOCIETY OF ST PIUS X financially healthy?

The accounts state that the charity operated at a surplus with net income of £474,777 for the year ended 31 December 2022. Total net assets increased to £18,004,648, comprising significant tangible fixed assets and investments, with unrestricted funds of £15,953,834 and restricted funds of £2,050,814. The trustees consider the current level of reserves satisfactory to meet the charity's needs effectively. Its FY2022 accounts were audited by Burgess Hodgson LLP.

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