HOLY ROOD COMMUNITY CHARITY

Registered charity 225290 · accounts filings on the Charity Commission register · also known as SISTERS OF CHARITY OF THE HOLY ROOD, MIDDLESBROUGH (TEESSIDE)

To provide for the relief of persons who were previously Sisters of the Holy Rood who are in conditions of need, hardship or distress and thereafter apply income to furthering the religious or other charitable work of the Church of England in the Diocese of York.

Causes: The Prevention Or Relief Of Poverty · Religious Activities · Get email alerts

Latest income
£81k
Latest spending
£141k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased to £236,481 from £289,028 in the prior year, driven by net expenditure exceeding investment gains. The trustees report that this level of reserves is maintained to support the needs of the remaining former Sister in the medium term. The charity holds significant endowment funds totaling £2,649,307, which increased during the year due to investment gains.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient to support the needs of the remaining former Sister in the medium term (held: £236k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level sufficient to support the needs of the remaining former Sister in the medium term allowing for the unpredictable nature of the potential costs.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: City Of York

Income and spending

Financial year endIncomeSpending
31/12/2025£81k£141k
31/12/2024£85k£146k
31/12/2023£81k£153k
31/12/2022£70k£201k
31/12/2021£53k£153k

Common questions

Is HOLY ROOD COMMUNITY CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves decreased to £236,481 from £289,028 in the prior year, driven by net expenditure exceeding investment gains. The trustees report that this level of reserves is maintained to support the needs of the remaining former Sister in the medium term. The charity holds significant endowment funds totaling £2,649,307, which increased during the year due to investment gains. Its FY2024 accounts were independently examined.