SISTERS OF MERCY SUNDERLAND
The Community's principal objectives are the furtherance of Roman Catholic and Christian Primary, Secondary & Adult education in the UK and elsewhere. The alleviation of poverty and human suffering and such other activities as Sister Superior shall direct.
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds stood at £31,364,051, representing an increase of £272,113 from the previous year. The trustees report a healthy balance sheet position, noting that the charity has adequate resources to continue in operational existence for the foreseeable future on a going concern basis.
What the accounts disclose
“We have also reviewed our longer-term commitments (6 to 10 years) and are satisfied that we have a suitable reserves policy in place.” — page 6
“During the year, the charity awarded a grant to Youth Ministry Trust amounting to £40,000 and incurred expenditure on behalf of the Trust, amount to £420. As at the year end, no balances were owed to the Trust.” — page 25
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Allison Mary Thompson
- Andrea Maria Shanks
- Madeleine Louise Hope
- SISTER PATRICIA ANNE ADRIENNE SHOULDER
- SISTER RAPHAEL MARY MARGARET Rowntree
- SISTER STEPHEN STELLA CATHERINE CHRISTON
- Sister Josepha Kathleen Matthews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £2.5m |
| 31/12/2023 | £1.3m | £2.0m |
| 31/12/2022 | £1.4m | £2.7m |
| 31/12/2021 | £1.6m | £2.4m |
| 31/12/2020 | £1.4m | £2.2m |
Common questions
Is SISTERS OF MERCY SUNDERLAND financially healthy?
Per its FY2023 accounts: The accounts state that total unrestricted funds stood at £31,364,051, representing an increase of £272,113 from the previous year. The trustees report a healthy balance sheet position, noting that the charity has adequate resources to continue in operational existence for the foreseeable future on a going concern basis. Its FY2023 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BARBOUR FOUNDATION | 1 | £10k |
| SIR JOHN PRIESTMAN CHARITY TRUST | 1 | £7k |
Charities like this
- THE UNION OF THE SISTERS OF MERCY OF GREAT BRITAIN
- SISTERS OF MERCY, GRAVESEND, KENT
- MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA TRUST
- CHARITY FOR THE SISTERS OF MERCY MIDHURST
- INSTITUTE OF THE RELIGIOUS OF THE SACRED HEART OF MARY IMMACULATE VIRGIN
- SUNDERLAND COMMUNITY SOUP KITCHEN LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SISTERS OF MERCY SUNDERLAND | £1.3m | — | — | unclear | — | no doubt |
| THE UNION OF THE SISTERS OF MERCY OF GREAT BRITAIN | £5.5m | £80,001 - £85,000 | 2 | unclear | — | no doubt |
| SISTERS OF MERCY, GRAVESEND, KENT | £637k | — | 0 | above | — | no doubt |
| MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA TRUST | £1.0m | — | 0 | unclear | — | no doubt |
| CHARITY FOR THE SISTERS OF MERCY MIDHURST | £532k | — | 0 | within | — | no doubt |
| INSTITUTE OF THE RELIGIOUS OF THE SACRED HEART OF MARY IMMACULATE VIRGIN | £1.3m | — | 0 | unclear | — | no doubt |