THE CONGREGATION OF THE SISTERS OF NAZARETH CHARITABLE TRUST
Latest income
£2.7m
Latest spending
£2.8m
Registered
1965
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds amounted to £33.2 million, with a general fund of £5.2 million designated to cover six months of ongoing expenditure. The charity reported a net expenditure of £101,281 for the year, resulting in a slight decrease in total net assets from £37.0 million to £33.6 million. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due.
What the accounts disclose
Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£78k)
“There was one employee (2023 – one) earning £60,000 per annum or more (including taxable benefits but excluding employer pension contributions).” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was one employee (2023 – one) earning £60,000 per annum or more (including taxable benefits but excluding employer pension contributions).” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The general fund of £5.2 million would cover six months ongoing expenditure.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity loaned NCCT £1,000,000 in 2023. During the year the Charity donated £52,000 (2024 - £nil) to NCCT.
“In addition, the Charity loaned NCCT £1,000,000 in 2023. During the year the Charity donated £52,000 (2024 - £nil) to NCCT.” — page 42
“During the year to 31 March 2025, the Charity received management stipend income of £354,000 (2024 – £376,661) and rental income of £1,456,233 (2024 – £316,453) from Nazareth Care Charitable Trust.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity received management stipend income of £354,000 and rental income of £1,456,233 from Nazareth Care Charitable Trust.
“In addition, the Charity loaned NCCT £1,000,000 in 2023. During the year the Charity donated £52,000 (2024 - £nil) to NCCT.” — page 42
“During the year to 31 March 2025, the Charity received management stipend income of £354,000 (2024 – £376,661) and rental income of £1,456,233 (2024 – £316,453) from Nazareth Care Charitable Trust.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity owed CSNG £5,218,568 being loans for redevelopment.
“In addition, the Charity loaned NCCT £1,000,000 in 2023. During the year the Charity donated £52,000 (2024 - £nil) to NCCT.” — page 42
“During the year to 31 March 2025, the Charity received management stipend income of £354,000 (2024 – £376,661) and rental income of £1,456,233 (2024 – £316,453) from Nazareth Care Charitable Trust.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity was owed £240,106 from CSNG being grants authorised but not paid.
“In addition, the Charity loaned NCCT £1,000,000 in 2023. During the year the Charity donated £52,000 (2024 - £nil) to NCCT.” — page 42
“During the year to 31 March 2025, the Charity received management stipend income of £354,000 (2024 – £376,661) and rental income of £1,456,233 (2024 – £316,453) from Nazareth Care Charitable Trust.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity paid £20,000 as a contribution to the Congregation of the Sisters of Nazareth Generalate.
“In addition, the Charity loaned NCCT £1,000,000 in 2023. During the year the Charity donated £52,000 (2024 - £nil) to NCCT.” — page 42
“During the year to 31 March 2025, the Charity received management stipend income of £354,000 (2024 – £376,661) and rental income of £1,456,233 (2024 – £316,453) from Nazareth Care Charitable Trust.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: NRV Development (Blackburn) Limited, NRV Development (Plymouth) Limited, NRV (Blackburn) Limited, Nazareth Catering Limited, NRV Management (Plymouth) Limited, Nazareth Home Care Limited
“Nazareth Care Charitable Trust has a number of subsidiary companies with which it forms the Nazareth Care Charitable Trust Group. Details of the subsidiaries are as follows:” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£2.7m
Total spending
£2.8m
Reserves (reported)
£5.2m
Employees
1
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £2.8m |
| 31/03/2024 | £2.4m | £11.4m |
| 31/03/2023 | £2.9m | £4.4m |
| 31/03/2022 | £2.9m | £4.6m |
| 31/03/2021 | £6.7m | £7.4m |
Common questions
Is THE CONGREGATION OF THE SISTERS OF NAZARETH CHARITABLE TRUST financially healthy?
The accounts state that unrestricted funds amounted to £33.2 million, with a general fund of £5.2 million designated to cover six months of ongoing expenditure. The charity reported a net expenditure of £101,281 for the year, resulting in a slight decrease in total net assets from £37.0 million to £33.6 million. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of THE CONGREGATION OF THE SISTERS OF NAZARETH CHARITABLE TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.