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THE SONS OF THE SACRED HEART OF JESUS

Registered charity 220240 · accounts filings on the Charity Commission register · also known as COMBONI MISSIONARIES, THE SONS OF THE SACRED HEART OF JESUS COMMONLY CALLED THE VERONA FATHERS, THE VERONA FATHERS · also registered in Scotland as SC039530 (OSCR)

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Latest income
£1.3m
Latest spending
£1.4m
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £307,753 for the year ended 31 December 2024, primarily driven by charitable activities expenditure exceeding income. Despite this deficit, the trustees confirmed that free reserves were sufficient to continue operations, and the independent auditors found no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: Reserve and Retirement Fund and Building Maintenance Fund (held: £9.1m)
“With this in view the Trustees have designated funds to a ‘Reserve and Retirement Fund’. This fund is intended to provide income for the future needs of aged or infirm Confrères as they return to the United Kingdom after having served abroad. In view of the fact that all four properties owned by the Charity are over one hundred and fifty years old, and despite the fact that they have been well maintained, the ‘Building Maintenance Fund’ is intended to cover any future unexpected large expenditure on these properties.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Verona Fathers Limited
“In line with financial and legal developments in the United Kingdom, the ‘Sons of the Sacred Heart’ or ‘Verona Fathers/Comboni Missionaries’ were registered as ‘Verona Fathers Limited’ in England and Wales with Company Registration Number 594993 in 1959. Under the terms of the Trust Deed designating it thus, ‘Verona Fathers Limited’ acts as the Trustee for the ‘Sons of the Sacred Heart of Jesus’ or ‘Verona Fathers/Comboni Missionaries’.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Williams Chartered Accountants. Discloses 5 of 6 completeness components.

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

Total income
£1.3m
Total spending
£1.4m
Cost of raising funds
£83k
Reserves (reported)
£9.1m
Employees
5

Reported reserves equal ~76.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.4m
31/12/2023£866k£1.3m
31/12/2022£1.0m£1.1m
31/12/2021£866k£1.0m
31/12/2020£860k£1.3m

Common questions

Is THE SONS OF THE SACRED HEART OF JESUS financially healthy?

The accounts state that the charity reported a net deficit of £307,753 for the year ended 31 December 2024, primarily driven by charitable activities expenditure exceeding income. Despite this deficit, the trustees confirmed that free reserves were sufficient to continue operations, and the independent auditors found no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Williams Chartered Accountants.