THE ENGLISH REGION OF THE DAUGHTERS OF MARY AND JOSEPH CIO
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £51,353 for the year ended 31 December 2024, driven by investment gains of £294,133 which offset a trading deficit of £242,780. Per the trustees' report, general unrestricted reserves stood at £2.55 million, which the trustees consider sufficient to meet their policy target of holding between twelve and twenty-four months' expenditure. The charity maintains a strong balance sheet with total net assets of £27.29 million.
What the accounts disclose
“The Trustees’ policy is to hold between twelve and twenty-four months’ expenditure in reserve. The expenditure for the last 12 months excluding grants was £1.52m. The current reserves stand at £2.55m which is equal to approximately 18 months expenditure, therefore the Trustees are satisfied with this.” — page 9
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "within" (FY2024).
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (11/10/2018)
Trustees
- Sister PAULA MARIE SPARKchair
- Hilary Jean Gal
- Marc John Stas
- SISTER ANNETTE LAWRENCE
- Sister SHEILA JOSEPHINE MOLONEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.7m | £2.1m |
| 31/12/2024 | £1.4m | £1.7m |
| 31/12/2023 | £1.4m | £1.4m |
| 31/12/2022 | £1.3m | £1.5m |
| 31/12/2021 | £1.3m | £3.4m |
Common questions
Is THE ENGLISH REGION OF THE DAUGHTERS OF MARY AND JOSEPH CIO financially healthy?
The accounts state that the charity reported a net movement in funds of £51,353 for the year ended 31 December 2024, driven by investment gains of £294,133 which offset a trading deficit of £242,780. Per the trustees' report, general unrestricted reserves stood at £2.55 million, which the trustees consider sufficient to meet their policy target of holding between twelve and twenty-four months' expenditure. The charity maintains a strong balance sheet with total net assets of £27.29 million. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PONTOON TRUST | 1 | £1.9m |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £10k |
| ST PETER'S CHARITY | 1 | £6k |