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In page Croxden Abbey:

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With an income of less than £200 per year[1] the abbey should have been suppressed under the Suppression of Religious Houses Act 1535, which dictated all religious houses with a low annual income should be dissolved.[2] The monks paid a fine of £100 for a royal licence to continue, until 1537 when the abbey was surrendered and the land and property sold off. The king granted the monks pensions, with the last abbot receiving an annual sum of £26 13s. 4d.[1]