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THE CONGREGATION OF THE DAUGHTERS OF MARY MOTHER OF MERCY IN THE BRITISH ISLES

Registered charity 1036524 · accounts filings on the Charity Commission register

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Latest income
£1.3m
Latest spending
£1.5m
Registered
1994
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity incurred a net outgoing resource of £190,158 for the year ended 31 December 2024, a significant shift from the previous year's incoming resources. The trustees report material uncertainties regarding the charity's ability to continue as a going concern due to the closure of the Waverley Care Home, although they confirm sufficient reserves exist to operate for at least 12 months. Unrestricted general reserves stood at £569,439, which is below the stated policy target of six to nine months' expenditure.

What the accounts disclose

Reserves policy: between approximately six and nine month’s expenditure (held: £569k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between approximately six and nine month’s expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“The trustees are aware of certain material uncertainties which may cause doubt on the charity's ability to continue as a going concern. Specifically, the closure of the Care Home in October 2024 which was a significant part of the charities activity.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Richard Place Dobson Services Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.3m
Total spending
£1.5m
Reserves (reported)
£569k
Employees
23

Reported reserves equal ~4.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Leeds City · Liverpool City · Throughout London · Warwickshire

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.5m
31/12/2023£1.2m£1.2m
31/12/2022£1.2m£1.1m
31/12/2021£958k£938k
31/12/2020£979k£977k

Common questions

Is THE CONGREGATION OF THE DAUGHTERS OF MARY MOTHER OF MERCY IN THE BRITISH ISLES financially healthy?

The accounts state that the charity incurred a net outgoing resource of £190,158 for the year ended 31 December 2024, a significant shift from the previous year's incoming resources. The trustees report material uncertainties regarding the charity's ability to continue as a going concern due to the closure of the Waverley Care Home, although they confirm sufficient reserves exist to operate for at least 12 months. Unrestricted general reserves stood at £569,439, which is below the stated policy target of six to nine months' expenditure. Its FY2024 accounts were audited by Richard Place Dobson Services Limited.