Charity Accounts Intelreading the accounts so you don’t have to

THE CONGREGATION OF THE DAUGHTERS OF WISDOM

Registered charity 234184 · accounts filings on the Charity Commission register · also known as Daughters of Wisdom

Get email alerts for this charity

Latest income
£1.1m
Latest spending
£2.0m
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total reserves decreased by £182k to £18.49m, with free reserves standing at £2.37m. This level of free reserves represents approximately 14 months' expenditure, which is consistent with the charity's stated target policy of 12 months' expenditure. The charity anticipates issuing an unqualified audit opinion on the financial statements.

What the accounts disclose

Reserves policy: 12 months’ expenditure (held: £2.4m)
“The level of free reserves held at the year-end is consistent with the target level of reserves of 12 months’ expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.1m
Total spending
£2.0m
Cost of raising funds
£51k
Reserves (reported)
£2.4m
Employees
24

Reported reserves equal ~14.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Northern Ireland · Scotland · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£1.1m£2.0m
31/12/2023£1.2m£2.0m
31/12/2022£1.2m£1.9m
31/12/2021£2.3m£1.9m
31/12/2020£1.1m£1.7m

Common questions

Is THE CONGREGATION OF THE DAUGHTERS OF WISDOM financially healthy?

The accounts state that total reserves decreased by £182k to £18.49m, with free reserves standing at £2.37m. This level of free reserves represents approximately 14 months' expenditure, which is consistent with the charity's stated target policy of 12 months' expenditure. The charity anticipates issuing an unqualified audit opinion on the financial statements. Its FY2024 accounts were audited.