THE CONGREGATION OF THE DAUGHTERS OF WISDOM
To promote the religious and other charitable work carried out by the Congregation of the Daughters of Wisdom
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
“Income from investments and interest received increased by £49k (16%) partially due to higher interest rates on deposits.” — page 75
“The level of free reserves held at the year-end is consistent with the target level of reserves of 12 months’ expenditure.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Sr Maureen Seddonchair
- Sr Jeanne Marie Turner
- Sr PATRICIA REILLY
- Sr Siobhan Boyle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2024 accounts were audited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ENGLISH REGION OF THE DAUGHTERS OF MARY AND JOSEPH CIO | 1 | £86k |
| EDITH BESSIE GIBSON TRUST | 1 | £6k |
Charities like this
- DAUGHTERS OF MARY AND JOSEPH CONGREGATION FUND CIO
- CONGREGATION OF OUR LADY OF THE MISSIONS CIO
- THE CONGREGATION OF THE LITTLE SISTERS OF THE POOR - ENGLISH PROVINCE
- CONGREGATION OF THE DAUGHTERS OF THE HOLY SPIRIT CIO
- TRUST PROPERTY HELD ICW THE ENGLISH PROVINCE OF THE CONGREGATION OF THE SISTERS OF THE PRESENTATION OF THE BLESSED VIRGIN MARY
- SISTERS OF THE SACRED HEARTS OF JESUS AND MARY CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CONGREGATION OF THE DAUGHTERS OF WISDOM | £1.1m | — | — | above | — | no doubt |
| DAUGHTERS OF MARY AND JOSEPH CONGREGATION FUND CIO | £245k | — | 0 | above | — | no doubt |
| CONGREGATION OF OUR LADY OF THE MISSIONS CIO | £1.2m | — | 0 | within | — | no doubt |
| THE CONGREGATION OF THE LITTLE SISTERS OF THE POOR - ENGLISH PROVINCE | £21.7m | — | 0 | within | — | no doubt |
| CONGREGATION OF THE DAUGHTERS OF THE HOLY SPIRIT CIO | £1.3m | — | 0 | above | — | no doubt |
| TRUST PROPERTY HELD ICW THE ENGLISH PROVINCE OF THE CONGREGATION OF THE SISTERS OF THE PRESENTATION OF THE BLESSED VIRGIN MARY | £3.8m | £70,001 - £80,000 | 1 | within | — | not going concern |