Finance Score: -3

Governance Score: 0

Support Score: 3

Liabilities <10%: +3
Excess reserves: -3
Fundraising costs high: -3

Gov Income
Grant maker support: +3

Overall GiG Score: 0

THE WALSINGHAM COLLEGE TRUST ASSOCIATION LTD

Guardianship and Maintenance of The Shrine of Our Lady of Walsingham

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
There have been no material income shortfalls in recent years

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £9,258,458 available, equivalent to 36 months of spending and so may not be able to utilise additional funding
There has been a change of accounting period recently, so trends may be hard to determine
Fundraising costs are high relative to funds raised

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

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		£3,326	£3,095	£230	£566	£22,123	£9,258	35.9	65	125
31/12/21		£2,368	£2,147	£221	£365	£22,260	£9,153	51.1	56	35
31/12/20?		£5,794	£6,483	£-689	£465	£21,093	£8,266	15.3	126	59
31/08/19		£2,983	£2,663	£321	£1,111	£21,243	£11,073	49.9	72	175
31/08/18		£3,226	£2,859	£367	£1,077	£16,733	£6,487	27.2	75	176
31/08/17		£2,867	£2,774	£94	£1,063	£16,327	£6,314	27.3	73	0
31/08/16		£2,690	£2,701	£-11	£1,050	£15,581	£5,554	24.7	75	0
31/08/15		£2,669	£2,723	£-53	£1,308	£15,266	£5,777	25.5	73	0
31/08/14?		£1,851	£1,808	£43	£877	£15,454	£6,110	40.6	71	0
31/12/13		£3,132	£2,644	£488	£1,319	£15,246	£6,180	28	69	0
31/12/12		£2,961	£2,541	£420	£1,253	£13,985	£4,997	23.6	69	0
31/12/11		£2,547	£2,471	£76	£1,242	£13,191	£4,576	22.2	74	0
31/12/10		£2,505	£2,448	£57	£1,258	£13,298	£4,682	22.9	77	0
31/12/09		£2,460	£2,351	£109	£1,273	£12,993	£4,469	22.8	75	0
31/12/08		£2,896	£2,332	£564	£786	£12,618	£4,293	22.1	68	0
31/12/07		£4,048	£2,196	£1,852	£687	£13,245	£6,131	33.5	60	0
31/12/06		£2,366	£2,178	£188	£0	£0	£0	n/a	0	0
31/12/05	*	£2,358	£1,939	£419	£0	£0	£0	n/a	0	0
31/12/04		£1,765	£1,724	£41	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 28.5%
Fundraising Costs/Total Spending: 18.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 7%
Unrestricted Funds/Total Funds: 42%
Reserves/Spending: 35.9 months
Net Current Assets/Spending: 9 months
Quick Ratio: 6.5

Asset Split ?

Established: 61 years
(87 years as a company)

www.walsinghamanglican.org.uk

shrineoffice@olw-shrine.org.uk

01328 824200

Charity Commission for England and Wales

Tweets

Listed activities

Religious Activities

GiG Classification

Education support services

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Throughout England And Wales,

Who it helps

Other Defined Groups
The General Public/Mankind

Who works here?

65 employees
125 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Age Range of Trustees: 50-70

CHRISTOPHER MARTIN READ Appointed: 2022, Occupation: Chartered Surveyor, Other trusteeships: WALSINGHAM COLLEGE (YORKSHIRE PROPERTIES) LTD, THE CHANTRY BOOK,

JOHN DAVID SEBASTIAN BOOTH Appointed: 2015, Occupation: Company Chairman, Other trusteeships: ASCOT PRIORY, THE CHANTRY BOOK, THE CHICHESTER DIOCESAN FUND AND BOARD OF FINANCE (INCORPORATED), THE JOHN BOOTH CHARITABLE FOUNDATION, THE SOCIETY OF ST STEPHEN'S HOUSE,

JOHN SAYER DOWNING Appointed: 2019, Occupation: Chartered Surveyor, Other trusteeships: CLEAVES CHARITY AND OTHERS, THE CHANTRY BOOK, LADY MARY TOWNSHEND'S (APPRENTICING), BOND'S EDUCATIONAL TRUST,

MARY TERESA THORNE Appointed: 2023, Occupation: Primary School Adviser, Other trusteeships: THE CHANTRY BOOK, GOODWILL CHILDREN'S HOMES,

REV PHILIP RICHARD BARNES Appointed: 2020, Occupation: Priest, Other trusteeships: THE CHANTRY BOOK, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT STEPHEN, SOUTH KENSINGTON,

AMANDA MCINTYRE Appointed: 2017, Occupation: Charity Director, Other trusteeships: THE CHANTRY BOOK, THE LONDON DIOCESAN BOARD OF FINANCE,

THE REVD PREBENDARY GRAEME ROWLANDS Appointed: 2018, Occupation: Parish Priest, Other trusteeship: THE CHANTRY BOOK,

THE RT REVD PHILIP NORTH (Chair) Appointed: 2016, Occupation: Suffragan Bishop, Other trusteeship: THE CHANTRY BOOK,

Legal constitution

Charitable company registered in England & Wales on 16/01/1963, number: 215863
Registered at Companies House on 09/09/1936, number: 00318358

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; AR05: 30 days late,

Main office

THE SHRINE OFFICE
2 COMMON PLACE
WALSINGHAM
NORFOLK
NR22 6EE

Objectives

TO ACT AS TRUSTEE FOR THE COLLEGE OF GUARDIANS OF THE HOLY HOUSE AND SANCTUARY OF OUR LADY OF WALSINGHAM

Defined Area of Benefit:

NATIONAL

Data Sources