MISSIONARY SISTERS OF THE SACRED HEART
Latest income
£172k
Latest spending
£278k
Registered
1963
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net expenditure of £105,926 for the year, reducing total unrestricted funds from £1,291,372 to £1,184,246. The trustees confirm that assets are sufficient to meet obligations on a fund-by-fund basis and that the charity is operating on a going concern basis with no material issues identified.
What the accounts disclose
Reserves policy: at least one year's normal expenditure (held: £1.2m)
“The Trustees seek to maintain free reserves of at least one year's normal expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Paul Michael Maguire
- SISTER DIANE DALLE MOLLE M.S.C.
- Sister Barbara Louise Staley M.S.C.
- Sister Maureen Patricia Bennett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £172k | £278k |
| 31/12/2023 | £217k | £430k |
| 31/12/2022 | £54k | £123k |
| 31/12/2021 | £13k | £88k |
| 31/12/2020 | £70k | £78k |
Common questions
Is MISSIONARY SISTERS OF THE SACRED HEART financially healthy?
The accounts state that the charity incurred a net expenditure of £105,926 for the year, reducing total unrestricted funds from £1,291,372 to £1,184,246. The trustees confirm that assets are sufficient to meet obligations on a fund-by-fund basis and that the charity is operating on a going concern basis with no material issues identified. Its FY2024 accounts were independently examined.
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