PRECIOUS SISTERS
Financial health, per its FY2023 accounts
The charity reported a surplus of £27,126 for the year ended 31 December 2023, with total incoming resources of £97,492 against expenditure of £70,366. Free unrestricted reserves stood at £180,258, which the trustees confirm is sufficient to comply with their stated policy of holding funds to cover one year's overheads and school fees. The independent examiner confirmed that no matters came to their attention requiring further disclosure.
What the accounts disclose
“Our reserves policy is to hold sufficient funds to cover one year's overhead requirement and the cost of school fees for all girls currently sponsored until the end of their schooling.”
Trustees
- Paul Jonathan Sinclairchair
- Andrea Robottom
- Dr Ute Oswald
- GERALD MAITHYA
- Keith James Sleight
- Robert Mark Tomlinson
- Sandra Ferreira
- WALLACE GARLAND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £135k | £90k |
| 31/12/2023 | £97k | £70k |
| 31/12/2022 | £120k | £83k |
| 31/12/2021 | £91k | £63k |
| 31/12/2020 | £76k | £67k |
Common questions
Is PRECIOUS SISTERS financially healthy?
The charity reported a surplus of £27,126 for the year ended 31 December 2023, with total incoming resources of £97,492 against expenditure of £70,366. Free unrestricted reserves stood at £180,258, which the trustees confirm is sufficient to comply with their stated policy of holding funds to cover one year's overheads and school fees. The independent examiner confirmed that no matters came to their attention requiring further disclosure. Its FY2023 accounts were independently examined.
Who funds PRECIOUS SISTERS?
Funders whose own accounts filings name PRECIOUS SISTERS as a grant recipient include DRAGON CHRISTMAS CHARITY SALE.
Known funders
| Funder | Year | Amount |
|---|---|---|
| DRAGON CHRISTMAS CHARITY SALE | FY2023 | £250 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FESTIVAL MEDICAL SERVICES | 1 | £21k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £10k |
| ST PETER'S CHARITY | 1 | £6k |