CONGREGATION OF BROTHERS OF THE SACRED HEARTS OF JESUS AND MARY AND OF PERPETUAL ADORATION OF THE MOST BLESSED SACRAMENT OF THE ALTAR
The Congregation runs various parishes. trains future priests, maintains and supports missions abroad.
Financial health, per its FY2024 accounts
The accounts state that total net assets increased to €859,453, with unrestricted funds comprising the majority of this total. The trustees report that free reserves are within their established policy target of £13,000 to £26,000, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees have established a policy to have a minimum free reserve of between 3 to 6 months of resources expended, which equates to £13,000 to £26,000.” — page 5
Trustees
- REV FATHER CHRISTOPHER MCANENYchair
- FERGAL MAGUIRE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £76k | £63k |
| 31/12/2023 | £36k | £180k |
| 31/12/2022 | £83k | £63k |
| 31/12/2021 | £126k | £72k |
| 31/12/2020 | £116k | £78k |
Common questions
Is CONGREGATION OF BROTHERS OF THE SACRED HEARTS OF JESUS AND MARY AND OF PERPETUAL ADORATION OF THE MOST BLESSED SACRAMENT OF THE ALTAR financially healthy?
Per its FY2024 accounts: The accounts state that total net assets increased to €859,453, with unrestricted funds comprising the majority of this total. The trustees report that free reserves are within their established policy target of £13,000 to £26,000, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Keveny Monahan Limited.