THE CONGREGATION OF THE SISTERS OF THE SACRED HEARTS (PICPUS)
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net increase in funds of £778,402 for the year, driven by significant investment gains of £825,388 which offset a net expenditure of £46,986. The trustees consider the level of free reserves to be sufficient to meet the charity's policy target of covering approximately one year's ongoing expenditure and providing for contingencies.
What the accounts disclose
“the level of free reserves should be sufficient to generate enough income to cover approximately one year’s ongoing expenditure and to provide for contingencies, unevenness in future income and volatility in the value of investments.”
Trustees
- SISTER AILEEN KENNEDY
- SISTER JOAN GEOGHEGAN
- Sister Mary McCloskey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £297k | £344k |
| 31/12/2024 | £274k | £219k |
| 31/12/2023 | £292k | £217k |
| 31/12/2022 | £266k | £210k |
| 31/12/2021 | £228k | £205k |
Common questions
Is THE CONGREGATION OF THE SISTERS OF THE SACRED HEARTS (PICPUS) financially healthy?
The accounts state that the charity reported a net increase in funds of £778,402 for the year, driven by significant investment gains of £825,388 which offset a net expenditure of £46,986. The trustees consider the level of free reserves to be sufficient to meet the charity's policy target of covering approximately one year's ongoing expenditure and providing for contingencies. Its FY2025 accounts were audited by Buzzacott Audit LLP.
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