Finance Score: -2

Governance Score: 6

Support Score: 3

Poor Liquidity: -1
Good Reserves: +1Deficit latest year: -2

Good trustee age range: +3
Dynamic board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 7

WALSINGHAM TRUST

Objectives a) the provision of maintenance and repair of places of worship, hostel accommodation and facilities for pilgrims; b) the promotion of public worship; c) the advancement of religion and relief of poverty anywhere in the world. The charity operates the Pilgrim Bureau, a hostel for pilgrims, and the Slipper Chapel at the site of the Walsingham Shrine as well as shops and a cafe.

Analysis by Giving is Great

Positives:

The charity has received Government grants
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
Income was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22	*	£2,125	£2,746	£-621	£0	£2,812	£2,748	12	47	0
31/12/21		£1,913	£2,089	£-176	£0	£3,432	£3,382	19.4	43	0
31/12/20		£4,171	£1,977	£2,194	£0	£3,608	£3,612	21.9	41	53
31/12/19		£1,816	£2,336	£-520	£0	£1,413	£1,407	7.2	41	53

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 28%
Liabilities/Income: 51%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 12 months
Net Current Assets/Spending: -3 months
Quick Ratio: 0.2

Asset Split ?

Established: 5 years

http://www.walsingham.org.uk

rcnationalshrine@walsingham.org.uk

01328820495

Charity Commission for England and Wales

Listed activities

General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Christian congregations

How it operates

Other charitable activities
Provides buildings/facilities/open space

Where it operates

Throughout England,

Who it helps

The General Public/Mankind

Who works here?

47 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Based on 7/8 persons

Age Range of Trustees: 37-79

RIGHT REV. PETER GWILYM COLLINS (Chair) Appointed: 2022, Occupation: Bishop

FRANK WILLIAM MULGREW Appointed: 2022, Occupation: Catholic Priest

PAUL RAYNES Appointed: 2022, Occupation: Diocesan Curia Official

REV PAUL KEANE Appointed: 2022, Occupation: Chaplain

SARAH KILMARTIN Appointed: 2023, Occupation: Finance Director

DR DAVID ANTHONY LIVESEY Appointed: 2018, Occupation: Retired, Other trusteeships: FRIENDS OF FULBOURN HOSPITAL AND THE COMMUNITY, THE ELIZABETH KOLB MEMORIAL TRUST ICW CAMBRIDGE UNIVERSITY,

THE RIGHT REVD ALAN STEPHEN HOPES Appointed: 2018, Occupation: Roman Catholic Bishop

LAURETTA PILCH Appointed: 2022, Occupation: Solicitor, Other trusteeships: EAST ANGLIA ROMAN CATHOLIC DIOCESAN TRUST, THE CATHEDRAL OF ST JOHN THE BAPTIST TRUST,

Legal constitution

Charitable company registered in England & Wales on 14/11/2018, number: 1180690
Registered at Companies House on 01/11/2018, number: 11655451

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

4 returns made; AR22: 119 days late,

Recent reorganisation events:

Asset transfer in from THE SOCIETY OF OUR LADY FAITHFUL VIRGIN AND MOTHER OF MERCY on 23/08/2022

Main office

Roman Catholic National Shrine
Pilgrim Bureau
Friday Market Place
WALSINGHAM
NR22 6EG

Objectives

THE OBJECTS OF THE CHARITY ARE:THE ADVANCEMENT OF THE CATHOLIC RELIGION ANYWHERE IN THE WORLD; THE RELIEF OF POVERTY ANYWHERE IN THE WORLD; AND TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME.

Data Sources