MISSIONARY SISTERS OF ST COLUMBAN CHARITABLE TRUST
to advance the religious and other charitable work carried on by the members of the Congregation and to care for those members thoughout their lives with the Congregation.
Financial health, per its FY2024 accounts
The accounts state that the trustees intend to wind up the charity, and the financial statements have been prepared on a basis other than going concern. The charity reported a net expenditure of £31,816 for the year, reducing unrestricted funds from £558,116 to £526,300. Free reserves were held at £33,220, which the trustees consider an appropriate level for regular community needs.
What the accounts disclose
“The current level of reserves represents approximately 3 months' regular expenditure estimated at which the trustees think is an appropriate level.”
“As a result of the intention to wind up the charity, the financial statements have been prepared on a basis other than that of a going concern.”
Trustees
- Sister Ursula Scullanechair
- Sister Anne Marie Smith
- Sister Catherine Mary Midgley
- Sister Josephine Young-ok Hong
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £95k | £127k |
| 31/12/2023 | £150k | £138k |
| 31/12/2022 | £129k | £130k |
| 31/12/2021 | £162k | £171k |
| 31/12/2020 | £101k | £89k |
Common questions
Is MISSIONARY SISTERS OF ST COLUMBAN CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the trustees intend to wind up the charity, and the financial statements have been prepared on a basis other than going concern. The charity reported a net expenditure of £31,816 for the year, reducing unrestricted funds from £558,116 to £526,300. Free reserves were held at £33,220, which the trustees consider an appropriate level for regular community needs. Its FY2024 accounts were independently examined.