SOCIETY OF THE SACRED MISSION

Registered charity 1101444 · accounts filings on the Charity Commission register · also known as SOCIETY OF THE SACRED MISSION EUROPE

Charitable activities within the fields of Christian ministry, spirituality and education, usually at the invitation of the wider Church. The principal area is theological education and Christian service.

Causes: General Charitable Purposes · Education/training · Religious Activities · website · Get email alerts

Latest income
£512k
Latest spending
£853k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £783,307 for the year, driven by a £441,733 net loss on investments, resulting in a decrease in total funds from £13,996,115 to £13,212,808. Despite this deficit, the trustees confirm that free reserves of £4,405,372 are maintained to manage risks and that there is no material uncertainty regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient free reserves to manage the risks to which the charity is exposed in the course of its business, including, but not limited to, safeguarding against volatile income (held: £4.4m)
“The Society seeks to maintain sufficient free reserves to manage the risks to which the charity is exposed in the course of its business, including, but not limited to, safeguarding against volatile income.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees are professed members who donated earnings and had living expenses borne by the Society.
“Some of the Trustees are professed members of the Society. In the year, they donated £39,886 (2023: £37,652) of their earnings to the Society and had living expenses of £27,886 (2023: £20,165) borne by the Society. The Trustees received no remuneration or other benefits in connection with their duties as trustees.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by S&W Audit. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold); recorded price paid £450k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Total income
£512k
Total spending
£853k
Cost of raising funds
£55k
Reserves (reported)
£4.4m
Employees
7

Reported reserves equal ~61.9 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (76% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 10.7% of total income — above the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£512k£853k
31/12/2023£515k£794k
31/12/2022£490k£746k
31/12/2021£2.2m£600k
31/12/2020£456k£600k

Common questions

Is SOCIETY OF THE SACRED MISSION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £783,307 for the year, driven by a £441,733 net loss on investments, resulting in a decrease in total funds from £13,996,115 to £13,212,808. Despite this deficit, the trustees confirm that free reserves of £4,405,372 are maintained to manage risks and that there is no material uncertainty regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by S&W Audit.