SISTERS OF ST JOSEPH OF THE APPARITION CIO
Sisters of St Joseph of the Apparition CIO is part of a worldwide Religious Order originally started in France, this charity is based in England and its aim is to further the knowledge of God's love for humanity; to care for their elderly retired members/sisters; to run a nursing home; social and pastoral work; to support international missionary work; and support English charities.
Financial health, per its FY2022 accounts
The accounts state that total reserves stood at £35,992,827, with a reserves policy target of approximately eight months' expenditure. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, although the nursing home struggled financially in 2022 due to inflation and required cash loans.
What the accounts disclose
“The trustees consider that, given the nature of the charity's work and its commitments, the level of free reserves should be approximately equal to 8 months' expenditure.”
Structured financials (annual return, FY ending 31/12/2024)
Care Quality Commission ratings
- Lady of the Vale Care Home: Good
Register events
- Received assets from another charity (28/09/2021)
Trustees
- Sister Mary McNamarachair
- Sister Anita Callaghan
- Sister Marie JU JU AYE
- Sister Teresa Cooney
- Sr Dennise Vassallo
- Sr Ecaterina Tatov
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.0m | £3.7m |
| 31/12/2023 | £2.7m | £3.3m |
| 31/12/2022 | £2.2m | £3.1m |
| 31/12/2021 | £2.2m | £3.4m |
| 31/12/2020 | £0 | £0 |
Common questions
Is SISTERS OF ST JOSEPH OF THE APPARITION CIO financially healthy?
Per its FY2022 accounts: The accounts state that total reserves stood at £35,992,827, with a reserves policy target of approximately eight months' expenditure. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, although the nursing home struggled financially in 2022 due to inflation and required cash loans. Its FY2022 accounts were audited by Azets Audit Services.