THE CONVENT OF THE SISTERS OF CHARITY - SERVANTS OF THE POOR
To honour the charity of Our Lord and Saviour Jesus Christ by works of mercy, spiritual and temporal, the poor, the sick, prisoners, orphans, aged and infirm persons or persons in any other need. This includes the provision of a private registered nursing home.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased by £108,465 to £1,922,978, driven by a net expenditure of £150,863 partially offset by investment gains. The trustees report adequate resources for the foreseeable future, with cash reserves of £16,698 held against a policy target of three months' expenditure. The charity operates a defined contribution pension scheme and holds significant fixed assets including property and investments.
What the accounts disclose
“At the year end the Charity held £16,698 in cash. The Charity had unrestricted funds of £1,922,978.”
“One of the Trustees at the year end is the Reverend Mother Superior who is resident in and maintained by the Community as is customary and necessary for the performance of their duties in carrying out the objects of the Charity.” — page 16
Trustees
- MARION ELIZABETH TAYLORchair
- EDWINA SMITH
- Father Roger William Beck
- JANET ELIZABETH OATWAY
- JOAN MAUREEN KILVINGTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £207k |
| 31/12/2023 | £73k | £226k |
| 31/12/2022 | £60k | £213k |
| 31/12/2021 | £64k | £195k |
| 31/12/2020 | £69k | £172k |
Common questions
Is THE CONVENT OF THE SISTERS OF CHARITY - SERVANTS OF THE POOR financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased by £108,465 to £1,922,978, driven by a net expenditure of £150,863 partially offset by investment gains. The trustees report adequate resources for the foreseeable future, with cash reserves of £16,698 held against a policy target of three months' expenditure. The charity operates a defined contribution pension scheme and holds significant fixed assets including property and investments. Its FY2024 accounts were independently examined.