ORDER OF THE COMPANY OF MARY OUR LADY CIO
THE PROVISION OF EDUCATION AND SOCIAL AND PASTORAL CARE IN THE COMMUNITY
Objects
FOR SUCH CHARITABLE PURPOSES AS SHALL ADVANCE THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE ORDER AS THE TRUSTEES, WITH THE APPROVAL OF THE TERRITORIAL DELEGATE (AND IF THERE SHALL BE NO POSITION OF TERRITORIAL DELEGATE, THEN THE PROVINCIAL SUPERIOR OF ANY PROVINCE OF THE ORDER WITH WHICH THE TERRITORIAL DELEGATION IN ENGLAND AND WALES MAY MERGE; AND IF THERE SHALL BE NO APPOINTED PROVINCIAL SUPERIOR, THEN THE SUPERIOR GENERAL), SHALL FROM TIME TO TIME THINK FIT AND IF AT ANY TIME THE ORDER SHALL CEASE TO EXIST OR SHALL CEASE TO CARRY ON RELIGIOUS OR OTHER CHARITABLE WORK THEN FOR SUCH OTHER LAWFUL CHARITABLE PURPOSES CONNECTED WITH THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION AS THE TRUSTEES SHALL DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted free reserves of £1,954,315, which the trustees consider sufficient to cover approximately eight years of ongoing expenditure. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient resources to meet liabilities as they fall due despite macroeconomic volatility.
What the accounts disclose
“The trustees consider that, given the nature of the charity’s work, the level of free reserves should be sufficient to cover approximately eight year’s on-going expenditure and to provide for contingencies and unevenness in future income.” — page 8
“The charity reimburses costs in relation to insurance and other expenses paid by the Notre Dame School on behalf of the charity. £3,146 was reimbursed during the year (2024: £5,788).” — page 31
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2023)
Register events
- Received assets from another charity (30/01/2019)
Trustees
- SISTER PATRICIA GRADY ODNchair
- SISTER ANNE GILL ODN
- SISTER MARIA NIEVES ESCALADA GALLEGO ODN
- SISTER MARIA RITA CALVO SANZ ODN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £424k | £224k |
| 31/12/2024 | £410k | £191k |
| 31/12/2023 | £974k | £193k |
| 31/12/2022 | £315k | £188k |
| 31/12/2021 | £400k | £245k |
Common questions
Is ORDER OF THE COMPANY OF MARY OUR LADY CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted free reserves of £1,954,315, which the trustees consider sufficient to cover approximately eight years of ongoing expenditure. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient resources to meet liabilities as they fall due despite macroeconomic volatility. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SABENO LIMITED | 1 | £10k |
| ACHIM CHARITY | 1 | £5k |
| J O CHARITABLE TRUST | 1 | £5k |
| J & J CHARITABLE TRUST LIMITED | 1 | £1k |
Charities like this
- LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST
- HA MEEM FOUNDATION
- CAREDUCATION TRUST LTD
- POSSUK LIMITED
- OHAVEI TORASECHA
- REALMSTATES LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ORDER OF THE COMPANY OF MARY OUR LADY CIO | £424k | — | 0 | unclear | — | no doubt |
| LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST | £246k | — | 0 | unclear | — | no doubt |
| HA MEEM FOUNDATION | £496k | — | 0 | below | — | no doubt |
| CAREDUCATION TRUST LTD | £133k | — | 0 | unclear | — | no doubt |
| POSSUK LIMITED | £156k | — | 0 | below | — | no doubt |
| OHAVEI TORASECHA | £119k | — | 0 | unclear | — | no doubt |