THE FRANCISCAN MISSIONARIES OF ST. JOSEPH
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net outgoing resource of £527,060 for the year, resulting in a decrease in total reserves from £5,215,159 to £4,688,099. The trustees confirm that the charity has sufficient resources to meet its liabilities as they fall due and that there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees have examined the need for free reserves i.e. those unrestricted funds not invested in tangible fixed assets, designated for specific purposes or otherwise committed and endeavour to balance the need for such free reserves with the desire to more fully fund the reserves needed to support Sisters in their retirement.”
“The Trustees are part of The Order and receive the same benefits and incur the same expenses as other members of the Congregation. These transactions are not reported separately.” — page 11
“At the present time the Congregational Bursar is also a Councillor and this means there are five instead of the normal six Trustees.”
“The Trustees are part of The Order and receive the same benefits and incur the same expenses as other members of the Congregation. These transactions are not reported separately.” — page 11
“At the present time the Congregational Bursar is also a Councillor and this means there are five instead of the normal six Trustees.”
Structured financials (annual return, FY ending 31/12/2024)
Care Quality Commission ratings
- Franciscan Convent Blackburn: Good
Register events
- Received assets from another charity (20/04/2019)
Trustees
- SISTER ANNE MOORE
- SISTER BRENDA MAKOKHA
- Sister Ann Jentrix Murundu
- Sister Frances Slater
- Sister Margaret Buyaki Nyabongoye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.2m | £1.5m |
| 31/12/2023 | £783k | £1.6m |
| 31/12/2022 | £724k | £1.5m |
| 31/12/2021 | £849k | £1.5m |
| 31/12/2020 | £1.1m | £1.3m |
Common questions
Is THE FRANCISCAN MISSIONARIES OF ST. JOSEPH financially healthy?
The accounts state that the charity reported a net outgoing resource of £527,060 for the year, resulting in a decrease in total reserves from £5,215,159 to £4,688,099. The trustees confirm that the charity has sufficient resources to meet its liabilities as they fall due and that there are no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Azets Audit Services.