FMM GENERALATE UK CIO
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted free reserves of £30,017,626, predominantly comprised of an investment portfolio valued at £29,893,047. The trustees consider this level of reserves acceptable to pursue charitable objectives and support the Institute's ministry, noting that the exact future level needed is impossible to project but should be as high as possible. The financial position is supported by net investment gains of £3,212,546, resulting in a net increase in funds of £2,842,473 for the period.
What the accounts disclose
“At present the trustees would be entirely comfortable with free reserves to be as high as possible but accept that in due course this policy may need to be reviewed and refined.” — page 5
“During the year, the charity received a donation from the Franciscan Missionaries of Mary UK CIO of £195,000 (2024: £1,745,000). In addition £500,000 (2024: nil) was paid to the same charity in the year. One of the trustees of the charity is also a trustee of the Franciscan Missionaries of Mary UK CIO. There were no amounts owing or owed to the charity at the year-end.” — page 24
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Sister Jolanda Dellemanchair
- Sister Helen Fennell
- Sister Narelle Therese Skeers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £196k | £566k |
| 31/12/2024 | £1.7m | £50k |
| 31/12/2023 | £25.0m | £2.7m |
Common questions
Is FMM GENERALATE UK CIO financially healthy?
The accounts state that the charity holds unrestricted free reserves of £30,017,626, predominantly comprised of an investment portfolio valued at £29,893,047. The trustees consider this level of reserves acceptable to pursue charitable objectives and support the Institute's ministry, noting that the exact future level needed is impossible to project but should be as high as possible. The financial position is supported by net investment gains of £3,212,546, resulting in a net increase in funds of £2,842,473 for the period. Its FY2025 accounts were audited by HaysMac LLP.