THE CONGREGATION OF THE DOMINICAN SISTERS OF MALTA
The aim of the charity is the support of such charitable purposes which advance the religious and other charitable work carried on in the local community at Hook and in England and Wales generally and also overseas by the congregation via the Mother House in Malta . This work included the maintenance of a residential home for the elderly in Hook until August 2021.
Financial health, per its FY2024 accounts
The accounts state that free reserves stood at £14,505,587, with total net assets of £26,001,737. The charity reported a net outgoings of £339,243 for the year, primarily due to significant donations of £521,156 to the Congregation's Mother House. The Trustees maintain that reserves are adequate to support the charity's work and provide for future capital expenditure and emergencies.
What the accounts disclose
“The Trustees have decided that adequate reserves must be maintained for specific purposes which are: (a) to provide sufficient income for the retirement of the Sisters as determined by the periodic actuarial-type review; (b) to provide sufficient funds to maintain the charity's aging buildings to the required standard, and (c) to provide sufficient funds to enable the charity to carry out its work in the community both at home and overseas.” — page 5
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- SISTER MARY ANNE CARDONAchair
- MARIA DOLORES SCHEMBRI
- SISTER FILOMENIA GRIMA
- SISTER MARIA DOLORES GAUCI
- SISTER MARY ATTARD
- SISTER THERESA SCIORTINO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £250k | £590k |
| 31/12/2023 | £550k | £379k |
| 31/12/2022 | £89k | £642k |
| 31/12/2021 | £354k | £303k |
| 31/12/2020 | £674k | £414k |
Common questions
Is THE CONGREGATION OF THE DOMINICAN SISTERS OF MALTA financially healthy?
Per its FY2024 accounts: The accounts state that free reserves stood at £14,505,587, with total net assets of £26,001,737. The charity reported a net outgoings of £339,243 for the year, primarily due to significant donations of £521,156 to the Congregation's Mother House. The Trustees maintain that reserves are adequate to support the charity's work and provide for future capital expenditure and emergencies. Its FY2024 accounts were audited by Michael George & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ENGLISH REGION OF THE DAUGHTERS OF MARY AND JOSEPH CIO | 1 | £86k |
Charities like this
- DAUGHTERS OF MARY AND JOSEPH CONGREGATION FUND CIO
- CONGREGATION OF LA RETRAITE CIO
- TRUST PROPERTY HELD ICW THE ENGLISH PROVINCE OF THE CONGREGATION OF THE SISTERS OF THE PRESENTATION OF THE BLESSED VIRGIN MARY
- CONGREGATION OF THE MISSION (THE VINCENTIAN FATHERS)
- CHARITIES FOR ROMAN CATHOLIC PURPOSES ADMINISTERED IN CONNEXION WITH THE SISTERS OF THE HOLY TRINITY
- 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 DOMINICAN SISTERS OF MALTA | £250k | — | 0 | above | — | no doubt |
| DAUGHTERS OF MARY AND JOSEPH CONGREGATION FUND CIO | £245k | — | 0 | unclear | — | no doubt |
| CONGREGATION OF LA RETRAITE CIO | £866k | — | 0 | unclear | — | 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 |
| CONGREGATION OF THE MISSION (THE VINCENTIAN FATHERS) | £323k | — | 0 | unclear | — | no doubt |
| CHARITIES FOR ROMAN CATHOLIC PURPOSES ADMINISTERED IN CONNEXION WITH THE SISTERS OF THE HOLY TRINITY | £143k | — | 0 | above | — | no doubt |