The Orthodox Monastery of all Celtic Saints
Latest income
£1.8m
Latest spending
£411k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that total unrestricted funds increased to £1,976,344, with net income for the year reaching £265,303. The charity holds a designated Heritage Fund of £100,737, which is part of a plan to build reserves covering three years of operational expenses, targeting a total of £200,000. The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified.
What the accounts disclose
Reserves position: below the charity's own stated policy
“100,000 pounds have already been transferred into the account and there is a plan to gradually increase the amount to a total that would cover such expenses for a period of up to three years. Based on previous years, a general estimation of the total needed for three years is 200,000 pounds.” — page 9
Per FY2025 accounts as filed with OSCR.
Payments to trustees: One trustee received £6,427 for services as a priest.
“who is a Trustee and is responsible for the day-to-day running of the Charity, is remunerated in his role as a priest only and received £6,427 (2023: £6,520).” — page 23
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee is Chairperson of American Friends of the Celtic Saints; charity received donations from this organisation.
“who is a Trustee, is the Chairperson of American Friends of the Celtic Saints. The charity received donations from this organisation during the year amounting to £311,550 (2023: £385,726). who is also a resident member of the religious community and therefore benefits from the provision of accommodation and subsistence on the same basis as other members and visitors to whom hospitality is extended.” — page 27
Per FY2025 accounts as filed with OSCR.