THE AUSTIN FRIARS ST. MONICA'S DEVELOPMENT FUND
Financial health, per its FY2025 accounts
The accounts state that the charity held total funds of £827,589 at the year end, all of which were restricted. The charity reported a net surplus of £189,157 for the year, driven by investment gains despite a decrease in donations. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity aims to hold reserves sufficient to meet the objectives of the charity.” — page 4
Trustees
- John Pallister
- Mr Elder
- Mr Kelly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £268k | £81k |
| 05/04/2024 | £432k | £44k |
| 05/04/2023 | £139k | £832 |
| 05/04/2022 | £31k | £28k |
| 05/04/2021 | £12k | £8k |
Common questions
Is THE AUSTIN FRIARS ST. MONICA'S DEVELOPMENT FUND financially healthy?
The accounts state that the charity held total funds of £827,589 at the year end, all of which were restricted. The charity reported a net surplus of £189,157 for the year, driven by investment gains despite a decrease in donations. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST | 1 | £11k |
| THE LAUFFER FAMILY CHARITABLE TRUST | 1 | £7k |