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SISTERS OF THE SACRED HEARTS OF JESUS AND MARY CIO

Registered charity 1179804 · accounts filings on the Charity Commission register · also known as CHIGWELL SISTERS, SSHJM

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Latest income
£2.7m
Latest spending
£5.4m
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £2,613,793 for the year, resulting in total reserves falling from £29.0 million to £26.4 million. Per the trustees' report, unrestricted general funds of £1.4 million remain within the stated reserves policy target of three to six months' projected expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“There was one employee who earned between £60,000 and £70,000 per annum (excluding employer’s pension contributions but including taxable benefits) during the year” — page 47
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was one employee who earned between £60,000 and £70,000 per annum” — page 47
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three to six months' projected expenditure (held: £1.4m)
“The trustees consider that, given the nature of the charity’s work going forward in respect to it’s ministry and the provision of care, the level of free reserves should be between 3 and 6 months’ projected expenditure (i.e. approximately £1.35m to £2.7m).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation to connected charity in Ireland
“The charity made donations of £1,514,210 (2024 - £1,293,869) to its connected charity in Ireland, the majority of which were used to assist with the ongoing living and care costs of sisters in Ireland along with support of the Irish Charitable Trust and its governance.”
“The Charitable Fund paid the CIO £145,000 (2024 - £151,000 ) in the year as a rental for the 2 schools buildings occupied under licence by the 1983 Charitable Fund.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rental income from related party
“The charity made donations of £1,514,210 (2024 - £1,293,869) to its connected charity in Ireland, the majority of which were used to assist with the ongoing living and care costs of sisters in Ireland along with support of the Irish Charitable Trust and its governance.”
“The Charitable Fund paid the CIO £145,000 (2024 - £151,000 ) in the year as a rental for the 2 schools buildings occupied under licence by the 1983 Charitable Fund.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from related party
“The charity made donations of £1,514,210 (2024 - £1,293,869) to its connected charity in Ireland, the majority of which were used to assist with the ongoing living and care costs of sisters in Ireland along with support of the Irish Charitable Trust and its governance.”
“The Charitable Fund paid the CIO £145,000 (2024 - £151,000 ) in the year as a rental for the 2 schools buildings occupied under licence by the 1983 Charitable Fund.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Staffing contribution from related party
“The charity made donations of £1,514,210 (2024 - £1,293,869) to its connected charity in Ireland, the majority of which were used to assist with the ongoing living and care costs of sisters in Ireland along with support of the Irish Charitable Trust and its governance.”
“The Charitable Fund paid the CIO £145,000 (2024 - £151,000 ) in the year as a rental for the 2 schools buildings occupied under licence by the 1983 Charitable Fund.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to related party for convent costs
“The charity made donations of £1,514,210 (2024 - £1,293,869) to its connected charity in Ireland, the majority of which were used to assist with the ongoing living and care costs of sisters in Ireland along with support of the Irish Charitable Trust and its governance.”
“The Charitable Fund paid the CIO £145,000 (2024 - £151,000 ) in the year as a rental for the 2 schools buildings occupied under licence by the 1983 Charitable Fund.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.7m
Total spending
£5.4m
Cost of raising funds
£265k
Reserves (reported)
£1.4m
Employees
55

Reported reserves equal ~3.1 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

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Trustees

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

Operates in: El Salvador · Ireland · Philippines · Scotland · Throughout England And Wales · Uganda · United States · Zambia

Income and spending

Financial year endIncomeSpending
31/03/2025£2.7m£5.4m
31/03/2024£4.8m£4.7m
31/03/2023£2.4m£4.5m
31/03/2022£3.8m£4.5m
31/03/2021£4.9m£4.9m

Common questions

Is SISTERS OF THE SACRED HEARTS OF JESUS AND MARY CIO financially healthy?

The accounts state that the charity reported a net expenditure of £2,613,793 for the year, resulting in total reserves falling from £29.0 million to £26.4 million. Per the trustees' report, unrestricted general funds of £1.4 million remain within the stated reserves policy target of three to six months' projected expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Buzzacott Audit LLP.

What does the highest-paid employee of SISTERS OF THE SACRED HEARTS OF JESUS AND MARY CIO earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.