Mary Ward Loreto UK
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £15,410 by the end of the period, with total receipts of £130,196 and total payments of £123,370. The charity reports no investment assets, liabilities, or assets retained for its own use, holding only cash funds. The trustees report that fundraising successfully increased donations and that a financial risk management policy was agreed upon in November 2024.
What the accounts disclose
“Payment of grants to the Mary Ward Loreto Foundation in Albania to support the salaries of staff and rents for facilities to support the work on prevention and in aid to victims of human trafficking.” — page 2
“An independent fund-raiser (Madura Advisory) was appointed to help in the identification of potential donors and the preparation of documentation needed for requests for support.” — page 2
“Payment of grants to the Mary Ward Loreto Foundation in Albania to support the salaries of staff and rents for facilities to support the work on prevention and in aid to victims of human trafficking.” — page 2
“An independent fund-raiser (Madura Advisory) was appointed to help in the identification of potential donors and the preparation of documentation needed for requests for support.” — page 2
Trustees
- Anne Melda Bannister
- Barbara Hungin Mrs
- Dr Hilary Anne Cashman
- Dr Mary Imelda McHugh
- Sister Frances Orchard
- Sister Imelda Mary Magdalen Poole
- Sue Perkins Mrs
- William John Morrell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £130k | £123k |
| 31/12/2023 | £101k | £107k |
| 31/12/2022 | £14k | £576 |
| 31/12/2021 | £1k | £48 |
Common questions
Is Mary Ward Loreto UK financially healthy?
The accounts state that unrestricted funds increased to £15,410 by the end of the period, with total receipts of £130,196 and total payments of £123,370. The charity reports no investment assets, liabilities, or assets retained for its own use, holding only cash funds. The trustees report that fundraising successfully increased donations and that a financial risk management policy was agreed upon in November 2024.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £149k |
| THE A B CHARITABLE TRUST | 1 | £25k |
| THE EVAN CORNISH FOUNDATION | 1 | £5k |