COMBONI MISSIONARY SISTERS CIO
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £43,693 for the year ended 31 December 2023, following a deficit in the previous year. Total unrestricted funds stood at £4,372,498, with the trustees confirming that reserves are sufficient to meet obligations for at least a year. The filing notes no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Reserves are at a level which is considered sufficient for the Charity to fulfil its obligations for at least a year.”
Register events
- Received assets from another charity (16/08/2019)
Trustees
- Sister Laura Maria Leporichair
- SISTER ANGELA COLOMBI
- Sister Letehaimanot Beraki Mekonen
- Sister Maria Magdalena Barragan Zermeno
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £276k | £285k |
| 31/12/2023 | £244k | £307k |
| 31/12/2022 | £200k | £262k |
| 31/12/2021 | £169k | £167k |
| 31/12/2020 | £184k | £175k |
Common questions
Is COMBONI MISSIONARY SISTERS CIO financially healthy?
The accounts state that the charity reported a net surplus of £43,693 for the year ended 31 December 2023, following a deficit in the previous year. Total unrestricted funds stood at £4,372,498, with the trustees confirming that reserves are sufficient to meet obligations for at least a year. The filing notes no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ST PETER'S CHARITY | 1 | £6k |