THE SONS OF DIVINE PROVIDENCE
The Sons of Divine Providence is a Catholic religious Congregation and charity. In the UK the charity supports the members of this religious Congregation doing pastoral work in parishes, in a chapel, and in hospital chaplaincy. The charity also funds overseas missions of the Congregation.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a loss before tax of £2,137,786 for the year ended 31 March 2024, driven by operating losses and significant interest costs. The trustees have disclosed a material uncertainty regarding the charity's ability to continue as a going concern due to net current liabilities of £8.5m and reliance on future property sales to settle debts. Despite these challenges, the trustees consider the going-concern basis appropriate, supported by expected proceeds from property disposals and continued support from the worldwide order.
What the accounts disclose
“There was 1 (2023: none) employees whose annual remuneration was £60,000 or more. Included in the above are termination costs of £17,247 (2023: £74,743). The subsidiary does not have employees, all employees are employed by the parent. Remuneration of the Chief Executive was £80,660 (2023: £73,483).” — page 35
“There was 1 (2023: none) employees whose annual remuneration was £60,000 or more.” — page 35
“The total operating income for the year to 31 March 2024 is £5,526,782 (2023: £5,839,982) of which £4,245,000 (2023: £4,808,000) is from the sales of apartments in Mulberry Court.” — page 11
“Fundraising costs for the year were £5,587 (2023: £5,470), while donations, legacies and grants received in 2024 was £562,018 compared to £82,916 in 2023.”
“It is the trustees' policy to have freely available funds which equate to about three months' expenditure, which is about £300,000. Total group reserves as at 31 March 2024 were £2.8m.” — page 12
“The trustees accept that the nature of the position on its refinancing, together with that of its parent and the amounts owed to the parent charity, suggests that a material uncertainty exists that may cast significant doubt upon the ability of the company to continue as a going concern.” — page 14
“During the period management charges of £102,300 (2023: £47,400) were recharged to Sons of Divine Providence Developments Limited in accordance with the agreement for sharing of head office facilities and staff time. During the year expenditure incurred on behalf of the subsidiary and charged to the intercompany account amounted to £14,548 (2023: £4,058). Sons of Divine Providence Developments Limited repaid the Charity £nil (2023: £nil) during the year and interest totalling £425,877 (2023: £218,406) was charged on the loan balance.” — page 45
“On the 4 October 2018 the Orione House care home site and the adjacent 29 Lower Teddington Road, both in Hampton Wick, were transferred from the charity to the subsidiary trading company, The Sons of Divine Providence Developments Ltd (company number 11393450). The purchase price was determined by a valuation of the property provided to the trustees in a Qualified Surveyor’s Report by Cushman & Wakefield” — page 8
“During the period management charges of £102,300 (2023: £47,400) were recharged to Sons of Divine Providence Developments Limited in accordance with the agreement for sharing of head office facilities and staff time. During the year expenditure incurred on behalf of the subsidiary and charged to the intercompany account amounted to £14,548 (2023: £4,058). Sons of Divine Providence Developments Limited repaid the Charity £nil (2023: £nil) during the year and interest totalling £425,877 (2023: £218,406) was charged on the loan balance.” — page 45
“On the 4 October 2018 the Orione House care home site and the adjacent 29 Lower Teddington Road, both in Hampton Wick, were transferred from the charity to the subsidiary trading company, The Sons of Divine Providence Developments Ltd (company number 11393450). The purchase price was determined by a valuation of the property provided to the trustees in a Qualified Surveyor’s Report by Cushman & Wakefield” — page 8
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
- Reserves position vs the charity's own policy moved from "below" (FY2023) to "above" (FY2024).
Corporate structure
- Registered company of the charity Companies House 04249759 · Financial health read from its filings
Company officers (Companies House)
- MROZ, Martin Estanislao on trustee list
- WILSON, Keith Joseph on trustee list
- SIMIONATO, Jose Luis, Fr. on trustee list
- BEALE, Stephen Peter, Father on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Rev Jose Luis Simionatochair
- Keith Joseph Wilson
- Martin Estanislao Mroz
- Rev PHILIP KEHOE
- Rev STEPHEN PETER BEALE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.2m | £9.7m |
| 31/03/2024 | £5.5m | £5.8m |
| 31/03/2023 | £6.7m | £5.3m |
| 31/03/2022 | £8.7m | £8.1m |
| 31/03/2021 | £1.8m | £2.2m |
Common questions
Is THE SONS OF DIVINE PROVIDENCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a loss before tax of £2,137,786 for the year ended 31 March 2024, driven by operating losses and significant interest costs. The trustees have disclosed a material uncertainty regarding the charity's ability to continue as a going concern due to net current liabilities of £8.5m and reliance on future property sales to settle debts. Despite these challenges, the trustees consider the going-concern basis appropriate, supported by expected proceeds from property disposals and continued support from the worldwide order. Its FY2024 accounts were audited by HW Fisher Audit.
What does the highest-paid employee of THE SONS OF DIVINE PROVIDENCE earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,000 or more band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LITTLE WAY ASSOCIATION | 1 | £6k |
Charities like this
- THE SONS OF THE SACRED HEART OF JESUS
- THE SISTERS OF PROVIDENCE (ROSMINIAN)
- THE CONGREGATION OF THE DAUGHTERS OF PROVIDENCE OF SAINT BRIEUC
- THE SOCIETY OF THE DIVINE WORD
- THE DAUGHTERS OF DIVINE LOVE
- DIVINE SOLUTION MINISTRIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SONS OF DIVINE PROVIDENCE | £6.2m | £60,000 or more | 1 | above | 1.0% | material uncertainty |
| THE SONS OF THE SACRED HEART OF JESUS | £1.1m | — | 0 | above | — | no doubt |
| THE SISTERS OF PROVIDENCE (ROSMINIAN) | £884k | — | 0 | unclear | — | no doubt |
| THE CONGREGATION OF THE DAUGHTERS OF PROVIDENCE OF SAINT BRIEUC | £176k | — | 0 | above | — | no doubt |
| THE SOCIETY OF THE DIVINE WORD | £306k | — | 0 | unclear | — | no doubt |
| THE DAUGHTERS OF DIVINE LOVE | £1.0m | — | 0 | unclear | — | no doubt |