NOTTINGHAM DIOCESAN SICK AND RETIRED PRIESTS FUND
Provides relief for sick and needy retired persons who are or have been priests of the Nottingham Diocese.Consolidated with 1134449 (Nottingham Roman Catholic Diocesan Trustees, a company limited by guarantee number 7151646 and its corporate trustee) from 1st April 2010 onwards.
Objects
TO PROVIDE RELIEF FOR NEEDY SICK AND NEEDY RETIRED PERSONS WHO ARE OR HAVE BEEN PRIESTS OF THE ROMAN CATHOLIC DIOCESE OF NOTTINGHAM.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves have fallen to £0, resulting in a net deficit for the year as all assets and income were transferred to the Diocese. The trustees confirm that the accounts are prepared on a going concern basis with no material uncertainties identified. The charity is in the process of winding up once it no longer holds any assets or income.
What the accounts disclose
“The reserves at 31 March 2025 are £0 thousand {2024: £2 thousand). The zero balance in the reserves is due to transfer of all assets and income from the charity to the Diocese.” — page 2
“All funds received during the year have been transferred to the Diocese, the funds to be placed in a restricted fund of the Diocese with the same purpose as the Charity (ie. the SRPF Purpose)” — page 1
Policies the charity declares
- Investment
Trustees
- Nottingham Roman Catholic Diocesan Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £37k | £39k |
| 31/03/2024 | £43k | £43k |
| 31/03/2023 | £67k | £220k |
| 31/03/2022 | £296k | £8.9m |
| 31/03/2021 | £399k | £378k |
Common questions
Is NOTTINGHAM DIOCESAN SICK AND RETIRED PRIESTS FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves have fallen to £0, resulting in a net deficit for the year as all assets and income were transferred to the Diocese. The trustees confirm that the accounts are prepared on a going concern basis with no material uncertainties identified. The charity is in the process of winding up once it no longer holds any assets or income. Its FY2025 accounts were independently examined.