THE ABBEY SUTTON COURTENAY LIMITED
The Abbey is a residential centre in which a spiritual community offers hospitality to people seeking personal growth, spiritual refreshment and healing. We offer retreat facilities for groups/individuals, and space for transformational group trainings. We offer an educational programme which encourages deeper understanding and dialogue on a wide range of social and religious issues.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £12,137 on unrestricted general funds for the year ended 31 December 2024. Per the trustees' report, total reserves amounted to £777,785, with only £26,309 available as free reserves, which is below the stated policy target of six months' expenditure. However, the trustees confirmed that liabilities were fully covered by cash held at the bank and expressed confidence in the charity's financial direction.
What the accounts disclose
“The free reserves at the year end therefore amount to approximately three months expenditure in a normal year. The Trustees regard this level as broadly satisfactory, with the current stated reserves policy being to hold reserves to cover at least six months expenditure as a minimum.” — page 5
Property (HM Land Registry)
Trustees
- Danielle Rosemary Rowe
- Jennifer Mahoney
- Martha Elizabeth Cass
- Sushila Dhall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £120k | £133k |
| 31/12/2023 | £104k | £120k |
| 31/12/2022 | £243k | £118k |
| 31/12/2021 | £243k | £118k |
| 31/12/2020 | £83k | £118k |
Common questions
Is THE ABBEY SUTTON COURTENAY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £12,137 on unrestricted general funds for the year ended 31 December 2024. Per the trustees' report, total reserves amounted to £777,785, with only £26,309 available as free reserves, which is below the stated policy target of six months' expenditure. However, the trustees confirmed that liabilities were fully covered by cash held at the bank and expressed confidence in the charity's financial direction. Its FY2024 accounts were independently examined.
Who funds THE ABBEY SUTTON COURTENAY LIMITED?
Funders whose own accounts filings name THE ABBEY SUTTON COURTENAY LIMITED as a grant recipient include THE ASTOR FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ASTOR FOUNDATION | FY2022 | £500 | Religion |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ST CECILIA'S ABBEY RYDE ISLE OF WIGHT | 1 | £255k |
| THE FOUNDATION OF ST. BENEDICT OF NURSIA | 1 | £133k |
| GOWLING WLG (UK) CHARITABLE TRUST | 1 | £1k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN WITH ST JOHN, WESTMINSTER | 1 | £650 |
Charities like this
- ST MARY'S ABBEY, QUARR
- LEE ABBEY FELLOWSHIP
- ST BENEDICT'S CENTRE
- ABBEY BAPTIST CHURCH
- ABBEY COMMUNITY ASSOCIATION LIMITED
- ST MICHAEL'S ABBEY CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ABBEY SUTTON COURTENAY LIMITED | £120k | — | 0 | below | — | no doubt |
| ST MARY'S ABBEY, QUARR | £1.6m | — | 0 | unclear | — | no doubt |
| LEE ABBEY FELLOWSHIP | £2.8m | — | 0 | above | — | no doubt |
| ST BENEDICT'S CENTRE | £162k | — | 0 | unclear | — | no doubt |
| ABBEY BAPTIST CHURCH | £119k | — | 0 | above | — | no doubt |
| ABBEY COMMUNITY ASSOCIATION LIMITED | £2.0m | £80,001 - £90,000 | 1 | below | — | no doubt |