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THE ROMAN CATHOLIC CONGREGATION OF THE MISSIONARY FRANCISCAN SISTERS (OF THE IMMACULATE CONCEPTION )(BRAINTREE) CHARITABLE TRUST

Registered charity 1174261 · accounts filings on the Charity Commission register · also known as FRANCISCAN CONVENT RESIDENTIAL CARE HOME, ST CLARES CONVENT CLACTON

To support the advancement of the religious and other charitable works of the order

Causes: The Advancement Of Health Or Saving Of Lives · Disability · Religious Activities · website · Get email alerts

Latest income
£64k
Latest spending
£4.8m
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased significantly from £4,858,503 to £292,445 due to large donations to the religious order following the sale of an investment portfolio. The trustees report that the charity aims to close once remaining investments are sold, indicating a winding-down of operations rather than ongoing expansion.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Going concern: noted by the trustees or auditor
“Following the sale of the residential home, the Charity aims to close once the investments held are sold. Once these are sold, the Charity plans to donate the proceeds to the religious order.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Residential fees paid on behalf of trustees: B Grenham £14,387; A Hannon £70,438; B Connolly £17,850.
“During the year, residential fees were paid on behalf the following Trustees: B Grenham £14,387 (2023: £12,352); A Hannon £70,438 (2023: £67,021); B Connolly £17,850 (2023: £13,525). The Trustees are not remunerated for carrying out their role as a Trustee.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity acts as a custodian holding investments belonging to the religious order, the Missionary Franciscan Sisters of the Immaculate Conception, which has the same charitable objects. These investments are held separately from those belonging to the Charity.
“The Charity acts as a custodian holding investments belonging to the religious order, the Missionary Franciscan Sisters of the Immaculate Conception, which has the same charitable objects. These investments are held separately from those belonging to the Charity. The investments held as custodian do not belong to the Charity and are therefore are not recognised on the Charity's Balance Sheet. Further information relating to the investments has been included in note 12.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £350k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · Bolivia · Canada · Ireland · Northern Ireland · Papua New Guinea · Peru · Sudan · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£64k£4.8m
31/12/2023£79k£3.5m
31/12/2022£25k£180k
31/12/2021£225k£780k
31/12/2020£109k£682k

Common questions

Is THE ROMAN CATHOLIC CONGREGATION OF THE MISSIONARY FRANCISCAN SISTERS (OF THE IMMACULATE CONCEPTION )(BRAINTREE) CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves decreased significantly from £4,858,503 to £292,445 due to large donations to the religious order following the sale of an investment portfolio. The trustees report that the charity aims to close once remaining investments are sold, indicating a winding-down of operations rather than ongoing expansion. Its FY2024 accounts were independently examined.