THE CONGREGATION OF THE DAUGHTERS OF MARY MOTHER OF MERCY IN THE BRITISH ISLES
Members of the Community continued to work in hospitals and nursing homes providing medical and nursing support. In the local parish communities the sisters undertake pastoral work, including adoration of the Blessed Sacrament, visiting and administering the Eucharist to the lonely, sick, aged, bereaved and other members of the community. They are also involved in other aspects of parish life.
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
“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
“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.”
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → material uncertainty (FY2024).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Reverend Sister Miliscent Ifeyinwa Echetachair
- Reverend Sister Maria Resurrecta Nzeribe
- Reverend Sister Mary Bernadette Onwuzuruigbo
- Reverend Sister Pauline Iwuoha
- Reverend sister Appolonia Mary Ilonor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2024 accounts were audited by Richard Place Dobson Services Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £10k |
| THE LITTLE WAY ASSOCIATION | 1 | £8k |
Charities like this
- CONGREGATION OF THE DAUGHTERS OF THE HOLY SPIRIT CIO
- THE DAUGHTERS OF JESUS CIO
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SAVIOUR, HITCHIN
- THE CONGREGATION OF THE DAUGHTERS OF PROVIDENCE OF SAINT BRIEUC
- SISTERS OF CHARITY OF OUR LADY MOTHER OF MERCY SCMM
- Good Shepherd Sisters GB CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CONGREGATION OF THE DAUGHTERS OF MARY MOTHER OF MERCY IN THE BRITISH ISLES | £1.3m | — | 0 | unclear | — | material uncertainty |
| CONGREGATION OF THE DAUGHTERS OF THE HOLY SPIRIT CIO | £1.3m | — | 0 | above | — | no doubt |
| THE DAUGHTERS OF JESUS CIO | £571k | — | 0 | unclear | 13.2% | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SAVIOUR, HITCHIN | £90k | — | 0 | unclear | — | no doubt |
| THE CONGREGATION OF THE DAUGHTERS OF PROVIDENCE OF SAINT BRIEUC | £176k | — | 0 | above | — | no doubt |
| SISTERS OF CHARITY OF OUR LADY MOTHER OF MERCY SCMM | £431k | — | 0 | unclear | — | no doubt |