THE SISTERS OF THE HOLY FAMILY OF NAZARETH (GOOD SHEPHERD PROVINCE)
Financial health, per its FY2024 accounts
The accounts state that total funds increased by £29,025 to £7,427,618 for the year ended 31 December 2024. The charity holds free reserves of £807,100, which the trustees consider sufficient to maintain operations for a minimum of two years as per their stated policy. The auditor confirmed that the charity is a going concern with no material uncertainties identified.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to a minimum of two years total expenditure. Based on an annual average of approximately £330,000 per annum over the last five years, this equates to £660,000.” — page 9
“During the year the Charity contributed £8,000 to the Provincial Generalate in Rome.” — page 26
“On 30 October 2015 a subsidiary company called House of Joseph Ltd (company registration number 9849262) was formed with the Charity owning 100% of the issued share capital. In October 2024 the company was dissolved as it was no longer required.” — page 24
Trustees
- SISTER BEATA BERNADETTA WIECEKchair
- Renata Bernadeta Turrell
- SISTER MAGDALENA AGNIESZKA CZERNIAK
- SISTER STANISLAWA TUPAJ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £260k | £272k |
| 31/12/2023 | £223k | £360k |
| 31/12/2022 | £282k | £358k |
| 31/12/2021 | £261k | £277k |
| 31/12/2020 | £326k | £380k |
Common questions
Is THE SISTERS OF THE HOLY FAMILY OF NAZARETH (GOOD SHEPHERD PROVINCE) financially healthy?
The accounts state that total funds increased by £29,025 to £7,427,618 for the year ended 31 December 2024. The charity holds free reserves of £807,100, which the trustees consider sufficient to maintain operations for a minimum of two years as per their stated policy. The auditor confirmed that the charity is a going concern with no material uncertainties identified. Its FY2024 accounts were audited by AEL Markhams Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £10k |