DAUGHTERS OF MARY AND JOSEPH CONGREGATION FUND CIO
Latest income
£245k
Latest spending
£424k
Registered
2015
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net increase in funds of £148,688 for the year ended 31 December 2024, driven by investment gains of £244,868 which offset a net expenditure of £96,180. Per the trustees' report, unrestricted reserves stood at £343,689, representing more than two years of unrestricted expenditure, and the trustees are content that the charity is a going concern.
What the accounts disclose
Reserves policy: several years of anticipated unrestricted fund expenditure (held: £344k)
“The trustees are content for the charity to hold several years of anticipated unrestricted fund expenditure as free reserves. The trustees consider this level of free reserves to be acceptable given the charity’s responsibilities, where in the event of an urgent need in any region, immediate financial assistance may need to be provided.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity received a contribution of £4,000 (2023 – £3,000) towards the CLT, a contribution of £5,000 (2023 – £5,000) towards the DMJ in Africa, and a refund for meeting expenses of £5,626 (2023 - £2,034) from The English Region of the Daughters of Mary and Joseph CIO (Charity Registration Number 1171001). The charity made donations totalling £1,750 (2023 - £nil) and other expenses of £776 (2023 - £nil) to The English Region of the Daughters of Mary and Joseph CIO (Charity Registration Number 1171001). Two of the trustees of The English Region of the Daughters of Mary and Joseph CIO are also trustees of the Daughters of Mary and Joseph Congregation Fund CIO.
“During the year to 31 December 2024, the charity received a contribution of £4,000 (2023 – £3,000) towards the CLT, a contribution of £5,000 (2023 – £5,000) towards the DMJ in Africa, and a refund for meeting expenses of £5,626 (2023 - £2,034) from The English Region of the Daughters of Mary and Joseph CIO (Charity Registration Number 1171001). The charity made donations totalling £1,750 (2023 - £nil) and other expenses of £776 (2023 - £nil) to The English Region of the Daughters of Mary and Joseph CIO (Charity Registration Number 1171001). Two of the trustees of The English Region of the Daughters of Mary and Joseph CIO are also trustees of the Daughters of Mary and Joseph Congregation Fund CIO.” — page 38
“During the year to 31 December 2024, the charity paid £163,000 towards sister upkeep, various projects, formation and vehicle maintenance to The Daughters of Mary and Joseph - Uganda (Registration Number – CI No 444). One of the trustees of The Daughters of Mary and Joseph - Uganda (Registration Number – CI No 444) was appointed as a trustee of the Daughters of Mary and Joseph Congregation Fund CIO during the year.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity paid £163,000 towards sister upkeep, various projects, formation and vehicle maintenance to The Daughters of Mary and Joseph - Uganda (Registration Number – CI No 444). One of the trustees of The Daughters of Mary and Joseph - Uganda (Registration Number – CI No 444) was appointed as a trustee of the Daughters of Mary and Joseph Congregation Fund CIO during the year.
“During the year to 31 December 2024, the charity received a contribution of £4,000 (2023 – £3,000) towards the CLT, a contribution of £5,000 (2023 – £5,000) towards the DMJ in Africa, and a refund for meeting expenses of £5,626 (2023 - £2,034) from The English Region of the Daughters of Mary and Joseph CIO (Charity Registration Number 1171001). The charity made donations totalling £1,750 (2023 - £nil) and other expenses of £776 (2023 - £nil) to The English Region of the Daughters of Mary and Joseph CIO (Charity Registration Number 1171001). Two of the trustees of The English Region of the Daughters of Mary and Joseph CIO are also trustees of the Daughters of Mary and Joseph Congregation Fund CIO.” — page 38
“During the year to 31 December 2024, the charity paid £163,000 towards sister upkeep, various projects, formation and vehicle maintenance to The Daughters of Mary and Joseph - Uganda (Registration Number – CI No 444). One of the trustees of The Daughters of Mary and Joseph - Uganda (Registration Number – CI No 444) was appointed as a trustee of the Daughters of Mary and Joseph Congregation Fund CIO during the year.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2022)
Total income
£539k
Total spending
£748k
Reserves (reported)
£288k
Employees
0
Trustees
- SISTER MARIE CLAIRE NAKAYIZAchair
- HELEN PATRICIA PEARSON
- PHILLIP JOSEPH JUKES
- RONALD JAMES HUGGETT
- SISTER ANNETTE LAWRENCE
- SISTER Paula Marie Spark
- Sister Anastazia Asiimwe
- Sister Pascazia Kinkuhaire
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £245k | £424k |
| 31/12/2024 | £434k | £530k |
| 31/12/2023 | £357k | £468k |
| 31/12/2022 | £539k | £748k |
| 31/12/2021 | £480k | £677k |
Common questions
Is DAUGHTERS OF MARY AND JOSEPH CONGREGATION FUND CIO financially healthy?
The accounts state that the charity reported a net increase in funds of £148,688 for the year ended 31 December 2024, driven by investment gains of £244,868 which offset a net expenditure of £96,180. Per the trustees' report, unrestricted reserves stood at £343,689, representing more than two years of unrestricted expenditure, and the trustees are content that the charity is a going concern. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £10k |