WALSINGHAM TRUST

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the trustees have concluded that there is a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. The repayment of the £300k loan from the Diocese of East Anglia which has been partially offset by a new £150k loan from the Diocese of East Anglia, the conversion of the £500k loan from CaTEW to a gift and the property gifted in a legacy have significantly strengthened the assets to liabilities position. The charitable company therefore continues to adopt the going concern basis in preparing its financial statements. The Trustees are of the opinion that no material uncertainty exists relating to going concern.”

Significant events

• “The proposed establishment of a community of Augustinian Friars from Nigeria began with their arrival in September 2024.”
• “The Trust borrowed a further £65,000 from the Diocese of East Anglia in February 2025, for which it gave security on two properties, and a further £[286,500] from the Catholic Trust for England and Wales in March 2025.”
• “a significant restructuring of the Trust's cost base was implemented in Spring 2025 to ensure that the trading position would deliver a sustainable surplus from 2025 onwards.”
• “On 18 November 2024 the company's auditor changed its name from Haysmacintyre LLP to HaysMac LLP.”
• “The charity had borrowed a sum of £500,000 from its parent charity and member - CaTEW. The loan was converted to a gift in the financial year and is therefore no longer repayable. In addition a new loan of £140,000 was provided during the year by CaTEW.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +8.4%

  £1,264,566 → £1,370,321

• Cash

  -21.8%

  £66,054 → £51,651

• Net assets

  +11.5%

  £2,341,040 → £2,611,265

• Employees

  -5.9%

  51 → 48

• Profit before tax

  +157.4%

  -£470,574 → £270,225

• Wages

  +18.5%

  £981,838 → £1,163,174

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers