TRUST PROPERTY HELD IN CONNEXION WITH THE SISTERS OF THE HOLY FAMILY OF BORDEAUX
The charity aims to support all charitable, social and pastoral works being carried out by members of the Institute. These ministries carried out by the sisters, all of which benefit members of the public, fall into the following main categories: Education; Social and pastoral work; Care Units; Support of Missionary Work Overseas; and Prayer groups - community and individual prayer
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net increase in funds of £120,954 for the year ended 31 December 2024, driven by significant net investment gains of £2,486,988 which offset a net expenditure before investment gains of £2,366,034. Per the trustees' report, total reserves stood at £37,800,391, with free reserves of £4,591,812, a level the trustees consider to be within their stated policy target of covering up to 15 months' expenditure. The charity maintains a diversified investment portfolio valued at over £31 million to support its ongoing care obligations for its elderly members.
What the accounts disclose
“The principal components of income in 2024 were donations and legacies which amounted to £836,671 (2023 - £947,834) and investment income and interest receivable totalling £583,271 (2023 - £779,818).” — page 44
“The trustees consider that, given the nature of the charity’s work, the level of free reserves should cover up to 15 months’ expenditure.” — page 45
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- PROVINCIALATE TRUSTEES LTD
- SISTER Catherine Lavery
- SISTER LUCILLA BONAVENTHOOR
- SISTER Mary Cecilia Lucia McGuckin
- SISTER Nasreen Nazir
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £3.8m |
| 31/12/2023 | £1.8m | £3.9m |
| 31/12/2022 | £2.5m | £3.6m |
| 31/12/2021 | £3.7m | £3.4m |
| 31/12/2020 | £1.9m | £3.7m |
Common questions
Is TRUST PROPERTY HELD IN CONNEXION WITH THE SISTERS OF THE HOLY FAMILY OF BORDEAUX financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net increase in funds of £120,954 for the year ended 31 December 2024, driven by significant net investment gains of £2,486,988 which offset a net expenditure before investment gains of £2,366,034. Per the trustees' report, total reserves stood at £37,800,391, with free reserves of £4,591,812, a level the trustees consider to be within their stated policy target of covering up to 15 months' expenditure. The charity maintains a diversified investment portfolio valued at over £31 million to support its ongoing care obligations for its elderly members. Its FY2024 accounts were audited by Walsh O’Brien Harnett.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TRUST PROPERTY HELD IN CONNEXION WITH THE SISTERS OF THE HOLY FAMILY OF BORDEAUX | £1.5m | — | 0 | within | — | no doubt |
| THE SISTERS OF THE POOR CHILD JESUS | £295k | — | 0 | unclear | — | no doubt |
| SISTERS OF MERCY, GRAVESEND, KENT | £637k | — | 0 | above | — | no doubt |
| TRUST PROPERTY HELD IN CONNECTION WITH THE ENGLISH PROVINCE OF THE CONGREGATION OF CHRISTIAN BROTHERS | £1.7m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| SISTERS OF THE SACRED HEARTS OF JESUS AND MARY CIO | £2.7m | £60,001 - £70,000 | 1 | within | — | no doubt |
| SOCIETY OF THE HOLY CHILD JESUS CIO | £4.4m | — | — | within | — | no doubt |