CONGREGATION OF NOTRE DAME DE SION LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of €63,495,795 against total liabilities of approximately €8.1 million, resulting in net assets exceeding €85 million. The trustees report that these reserves are sufficient to meet the charity’s continued obligations and that the going concern basis of accounting is appropriate. The charity does not raise funds from the public, relying instead on donations from related parties and investment income.
What the accounts disclose
“There was one employee whose employee benefits (excluding employer pension costs) exceeded €70,000.” — page 28
“The Charity’s financial reserves aim to generate a level of income to match its target for donations and cost of raising funds over the longer term. This approach is intended to ensure that the level of reserves is maintained” — page 8
“Included in the above are donations of €41,542,353 (2023: €219,775) received from related parties. See Note 20 for further information on the material donations from those parties.” — page 26
“Included in the above are donations to connected charities. See Note 19 for further information on the material donations to those charities.” — page 27
“Included in the above are donations of €41,542,353 (2023: €219,775) received from related parties. See Note 20 for further information on the material donations from those parties.” — page 26
“Included in the above are donations to connected charities. See Note 19 for further information on the material donations to those charities.” — page 27
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Sr PHILOMENA MARGARET CONROYchair
- Sr ANA MARGARITA MURILLO AREVALO
- Sr GERTRUDA MARIA NABUURS
- Sr Iuliana Neculai
- Sr Oonah Mary O'Shea
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.5m | £6.1m |
| 31/12/2024 | £44.4m | £7.0m |
| 31/12/2023 | £845k | £4.9m |
| 31/12/2022 | £6.5m | £5.6m |
| 31/12/2021 | £20.3m | £1.4m |
Common questions
Is CONGREGATION OF NOTRE DAME DE SION LIMITED financially healthy?
The accounts state that the charity holds unrestricted reserves of €63,495,795 against total liabilities of approximately €8.1 million, resulting in net assets exceeding €85 million. The trustees report that these reserves are sufficient to meet the charity’s continued obligations and that the going concern basis of accounting is appropriate. The charity does not raise funds from the public, relying instead on donations from related parties and investment income. Its FY2024 accounts were audited by Forvis Mazars LLP.