THE SISTERS OF THE BLESSED SACRAMENT
The Towers Convent School exists to provide education for children through its Senior, Junior and Nursery departments, many of whom would not be able to attend more expensive independent schools. The school employs 65 full and part time staff. The School aims to be an active part of the wider community.-There were 264 pupils including 26 part-time nursery pupils.
Financial health, per its FY2024 accounts
The accounts state that total reserves stood at £3,845,750, with unrestricted funds of £3,232,742. The trustees report that these assets are available and adequate to fulfil the charity's obligations, noting that designated funds for the Aged Sisters are sufficient for future requirements. Despite a net expenditure for the year, the charity maintains a strong balance sheet with tangible assets valued at over £2.2 million.
What the accounts disclose
“However, all Trustees reside in the charity’s Community Houses and are sustained by the charity on the same terms as the other Sisters. There were no related party transactions during 2024 or 2023.” — page 19
Structured financials (annual return, FY ending 31/08/2020)
Trustees
- SISTER CATHERINE MURPHY
- SISTER MARY ANDREW
- SISTER MARY PATRICK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £250k | £251k |
| 31/12/2023 | £167k | £257k |
| 31/12/2022 | £137k | £317k |
| 31/12/2021 | £320k | £426k |
| 31/08/2020 | £1.1m | £2.3m |
Common questions
Is THE SISTERS OF THE BLESSED SACRAMENT financially healthy?
Per its FY2024 accounts: The accounts state that total reserves stood at £3,845,750, with unrestricted funds of £3,232,742. The trustees report that these assets are available and adequate to fulfil the charity's obligations, noting that designated funds for the Aged Sisters are sufficient for future requirements. Despite a net expenditure for the year, the charity maintains a strong balance sheet with tangible assets valued at over £2.2 million. Its FY2024 accounts were independently examined.
Charities like this
- THE TOWER HOUSE SCHOOL CHARITABLE FOUNDATION
- ST JOSEPH'S CONVENT SCHOOL
- HANDMAIDS OF THE SACRED HEART OF JESUS (REGENTS PARK, LONDON, AND CHRISTCHURCH, HANTS )
- THE SACRED HEARTS SISTERS 1983 CHARITABLE FUND
- CONVENT OF THE SACRED HEART OF JESUS
- TAUNTON SCHOOL EDUCATIONAL CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SISTERS OF THE BLESSED SACRAMENT | £250k | — | 0 | unclear | — | no doubt |
| THE TOWER HOUSE SCHOOL CHARITABLE FOUNDATION | £3.3m | — | — | unclear | — | no doubt |
| ST JOSEPH'S CONVENT SCHOOL | £302k | — | 0 | unclear | — | no doubt |
| HANDMAIDS OF THE SACRED HEART OF JESUS (REGENTS PARK, LONDON, AND CHRISTCHURCH, HANTS ) | £4.8m | — | — | above | — | no doubt |
| THE SACRED HEARTS SISTERS 1983 CHARITABLE FUND | £10.4m | — | — | above | — | no doubt |
| CONVENT OF THE SACRED HEART OF JESUS | £187k | — | 0 | within | — | no doubt |