THE SISTERS OF PROVIDENCE (ROSMINIAN)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £326,017 for the year ended 31 December 2024, resulting in total unrestricted reserves of £19,629,659. The trustees note that care and nursing costs continue to rise due to the increasing age of congregation members, necessitating the maintenance of reserves to meet these future obligations.
What the accounts disclose
“Bursaries in respect of pupils at Loughborough Amherst School, have been invoiced during the year totalling £125,000 (2023: £125,000), at the year end ENil (2023: £Nil) was still outstanding.” — page 30
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Mary Bridget Leydonchair
- JOHANNA TOOMEY
- KATHLEEN ELIZABETH ANNE TOONE
- Teresa Molloy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £884k | £909k |
| 31/12/2023 | £523k | £900k |
| 31/12/2022 | £514k | £753k |
| 31/12/2021 | £461k | £734k |
| 31/12/2020 | £919k | £823k |
Common questions
Is THE SISTERS OF PROVIDENCE (ROSMINIAN) financially healthy?
The accounts state that the charity reported a net deficit of £326,017 for the year ended 31 December 2024, resulting in total unrestricted reserves of £19,629,659. The trustees note that care and nursing costs continue to rise due to the increasing age of congregation members, necessitating the maintenance of reserves to meet these future obligations. Its FY2024 accounts were audited by Duncan & Toplis Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £10k |
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