Marist Brothers
Latest income
£316k
Latest spending
£459k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that total funds decreased by £108,147 to a balance of £2,638,115, with all funds remaining unrestricted. The trustees consider the going concern basis of accounting appropriate and note no material uncertainties regarding the charity's ability to continue operations. The financial position is described as being monitored to ensure affairs are conducted in a prudent and effective manner.
What the accounts disclose
Highest-paid employee band: £70,001 - £80,000
“One staff member was paid emoluments above £60,000. Emoluments of £78,780”
Per FY2024 accounts as filed with OSCR.
Related-party transaction: The charity supported the Kinharvie Institute in the year principally through the lease at a nominal rent of premises in Glasgow. An aggregate contribution of £17,958... was made by the charity to Kinharvie Institute in respect of personnel/other costs.
“The charity supported the Kinharvie Institute in the year principally through the lease at a nominal rent of premises in Glasgow. An aggregate contribution of £17,958 (2023 - £17,958) was made by the charity to Kinharvie Institute in respect of personnel/other costs. Other Income includes £15,598 of sundry services fees from Kinharvie Institute. The Marist Brothers (Germany) have allowed the use rent-free of retirement properties owned by them. The charity meets living and maintenance costs of all British brothers including those who are trustees. There are no other transactions with trustees.” — page 13
Per FY2024 accounts as filed with OSCR.