Charity Accounts Intelreading the accounts so you don’t have to

SISTERS OF CHARITY OF ST PAUL THE APOSTLE

Registered charity 211200 · accounts filings on the Charity Commission register · also registered in Scotland as SC038528 (OSCR)

Latest income
£5.3m
Latest spending
£9.9m
Registered
1968
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net movement in funds of £(3,858,063) for the year ended 31 December 2024, driven largely by a £2,276,251 impairment charge on the Vernon Road Convent property. Per the trustees' report, unrestricted free reserves stood at £839,396, which is below the stated policy target of maintaining funds not exceeding six months of projected expenditure. The trustees consider the going concern basis appropriate, citing diverse income streams and cost reductions, despite the significant drop in net assets from the prior year.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“Free reserves at 31 December 2024 as defined above ore £839,396 (2023 - £1,567,460) and together with the Mission and Donation fund of £1,500,000 (2023 ~ £1,500,000) in aggregate represent not more than 6 months projected expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Irish subsidiary contributed £153,524 to the parent charity during the year.
“In 2024, the Irish subsidiary contributed £153,524 to the parent charity during the year. No amounts were awing at the balance sheet date.” — page 44
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Dains Audit Limited.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£5.3m
Total spending
£9.9m
Cost of raising funds
£47k
Reserves (reported)
£839k
Employees
97

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Romania · Scotland · South Africa · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£5.3m£9.9m
31/12/2023£8.7m£12.0m
31/12/2022£7.8m£9.3m
31/12/2021£7.8m£9.1m
31/12/2020£8.9m£8.3m

Common questions

Is SISTERS OF CHARITY OF ST PAUL THE APOSTLE financially healthy?

The accounts state that the charity reported a net movement in funds of £(3,858,063) for the year ended 31 December 2024, driven largely by a £2,276,251 impairment charge on the Vernon Road Convent property. Per the trustees' report, unrestricted free reserves stood at £839,396, which is below the stated policy target of maintaining funds not exceeding six months of projected expenditure. The trustees consider the going concern basis appropriate, citing diverse income streams and cost reductions, despite the significant drop in net assets from the prior year. Its FY2024 accounts were audited by Dains Audit Limited.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MATER ECCLESIAE CIO.