SISTERS OF CHARITY OF OUR LADY MOTHER OF MERCY SCMM
Religious activities including social and pastoral work, assistance to elderly people and persons suffering from disability or poverty.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net decrease in funds of £134,515 for the year ended 31 December 2024, driven by a transfer of £190,696 from the designated fund to the unrestricted fund to cover living costs. Per the trustees' report, while financial affairs are considered satisfactory, there are concerns about sustaining the sisters in retirement, with the charity relying on support from the Institute Generalate in Holland. The trustees confirm sufficient resources to meet liabilities as they fall due over the next year.
What the accounts disclose
Property (HM Land Registry)
Trustees
- ANNE MARIE MCEVOY
- Sister Cecilia Turtle
- Sister Patricia Mary Trussell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £431k | £563k |
| 31/12/2023 | £427k | £547k |
| 31/12/2022 | £348k | £547k |
| 31/12/2021 | £219k | £374k |
Common questions
Is SISTERS OF CHARITY OF OUR LADY MOTHER OF MERCY SCMM financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net decrease in funds of £134,515 for the year ended 31 December 2024, driven by a transfer of £190,696 from the designated fund to the unrestricted fund to cover living costs. Per the trustees' report, while financial affairs are considered satisfactory, there are concerns about sustaining the sisters in retirement, with the charity relying on support from the Institute Generalate in Holland. The trustees confirm sufficient resources to meet liabilities as they fall due over the next year. Its FY2024 accounts were independently examined.