THE TRADITIONAL CONGREGATION OF THE MOST HOLY REDEEMER
Religious Activities
Latest income
£170k
Latest spending
£246k
Registered
1988
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £1,510,640 are comfortably in excess of the trustees' stated policy target of three months of operational expenditure. The charity reported a net deficit of £75,324 for the year, resulting in a decrease in total fund balances from £1,745,767 to £1,670,443.
What the accounts disclose
Reserves policy: three months of operational expenditure (held: £1.5m)
“The Trustees have examined the requirement to maintain free reserves and concluded that the most appropriate level is three months of operational expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Rev ANTHONY MICHAEL SEEBERchair
- FATHER GREGORY WILSON RAE SIM
- Rev Nicodemus Jagga
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £170k | £246k |
| 31/12/2023 | £176k | £195k |
| 31/12/2022 | £190k | £277k |
| 31/12/2021 | £352k | £169k |
| 31/12/2020 | £109k | £113k |
Common questions
Is THE TRADITIONAL CONGREGATION OF THE MOST HOLY REDEEMER financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £1,510,640 are comfortably in excess of the trustees' stated policy target of three months of operational expenditure. The charity reported a net deficit of £75,324 for the year, resulting in a decrease in total fund balances from £1,745,767 to £1,670,443. Its FY2024 accounts were independently examined.