THE CATHOLIC SACRED ARTS TRUST

• ⚠

  Annual accounts overdue

  Due 2026-03-29.

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

Consolidated group

Auditor

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. THE CATHOLIC SACRED ARTS TRUST · parent
   1. Walsingham Capital Limited 100% · UK · Trading of property development type assets
   2. Sacred Mosaics Limited 100% · UK · Artistic creation

Significant events

• “As per previously filed accounts, various unforeseen issues had extended the original target timescale of the Macclesfield project undertaken by Walsingham Capital Limited (WCL). An initial delay occurred in the negotiation of the Infrastructure Agreement which, once in agreed form, took Cheshire East Council a further 13 months to execute.”
• “On approval of outline planning consent a neighbouring party launched a Judicial Appeal. This Appeal was subsequently defeated and the costs of defending the action recovered; however, this added a further 12 months of the project being in limbo.”
• “For the purposes of oversight and risk mitigation the Trustees remained in regular contact with the project managers and were ultimately informed by the Directors of WCL about the forced sale of the asset at nil return to the company, though no monetary loss was suffered due to the nature of the original donation as a loan note by the founding benefactor.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +23.7%

  £1,922,061 → £2,377,045

• Cash

  -97.1%

  £30,201 → £889

• Net assets

  -3.1%

  £5,566,360 → £5,393,155

• Employees

  0%

  3 → 3

• Wages

  -5.7%

  £36,000 → £33,934

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