CONGREGATION OF THE DAUGHTERS OF THE CROSS INTERNATIONAL
Financial health, per its FY2021 accounts
The accounts state that the charity generated a net surplus of £2,252,095 for the year, driven primarily by significant investment gains of £1,891,728. Free reserves were held at £25,000, which the trustees consider to be in line with their reserves policy, while total net assets stood at £17,988,095. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Grants are made by the Charity to Provinces and to other Sisters of the Congregation around the world from time to time.” — page 17
Trustees
- LORNA MARY CLARK
- SISTER MARY MACLAUGHLIN
- SISTER MAUREEN O'BRIEN
- SISTER PUSHPA ELISHWA PURATHUR
- SISTER VALERIE MIRANDA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £461k | £745k |
| 31/12/2023 | £215k | £392k |
| 31/12/2022 | £122k | £1.3m |
| 31/12/2021 | £491k | £130k |
| 31/12/2020 | £437k | £174k |
Common questions
Is CONGREGATION OF THE DAUGHTERS OF THE CROSS INTERNATIONAL financially healthy?
The accounts state that the charity generated a net surplus of £2,252,095 for the year, driven primarily by significant investment gains of £1,891,728. Free reserves were held at £25,000, which the trustees consider to be in line with their reserves policy, while total net assets stood at £17,988,095. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2021 accounts were audited by Buzzacott LLP.