EAST HENDRED CONSOLIDATED CATHOLIC CHARITIES
Land & Property Holding for Long Term and making Grants
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net profit for the year, with total income of £140,663 and total expenditure of £122,696. However, the trustees' report notes that income was reduced because the Presbytery no longer generates rental income and a commercial tenant is in arrears, which has negatively impacted cashflow. The charity holds reserves specifically for future capital expenditure on major works.
What the accounts disclose
“The charity holds reserves so that funds are available for capital expenditure, as and when major works need to be undertaken.” — page 5
“Income was reduced compared to previous years as the Presbytery has been given over to the Church to accommodate Father Mattew and so no longer generates an income. The commercial tenant in the Old School Hall has fallen into arrears which has reduced the cashflow for the charity.” — page 4
Trustees
- BARBARA SMITH
- BISHOP OF PORTSMOUTH
- Edward Thomas Ivor Eyston
- KATHARINE BUSHELL
- WILLIAM SLEEMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £79k | £69k |
| 31/12/2023 | £91k | £94k |
| 31/12/2022 | £95k | £215k |
| 31/12/2021 | £103k | £133k |
| 31/12/2020 | £91k | £39k |
Common questions
Is EAST HENDRED CONSOLIDATED CATHOLIC CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net profit for the year, with total income of £140,663 and total expenditure of £122,696. However, the trustees' report notes that income was reduced because the Presbytery no longer generates rental income and a commercial tenant is in arrears, which has negatively impacted cashflow. The charity holds reserves specifically for future capital expenditure on major works.