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INSTITUTE OF DAUGHTERS OF MARY HELP OF CHRISTIANS, OTHERWISE SALESIAN SISTERS OF ST JOHN BOSCO

Registered charity 250888 · accounts filings on the Charity Commission register · also known as SALESIAN SISTERS · listed website unreachable when last crawled

Latest income
£865k
Latest spending
£1.3m
Registered
1967
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £471,982 for the year, resulting in unrestricted general funds of £Nil. However, total net assets stood at £13.5m, with £6.8m designated for property and £6.6m for the retirement care of members. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The balance in General funds is £Nil” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The trustees of the Charity are also members of the Society and as such have taken vows of poverty under which they have renounced all personal rights to income and capital. The Charity provides for the essential needs of all members of the Society within the Province. The living costs of the four trustees are therefore borne by the Charity.
“The living costs of the four trustees are therefore borne by the Charity. None of the Trustees received any remuneration or other benefits in connection with their duties as Trustees during the year.” — page 26
“A grant of £Nil (2023: £1,000) was also given to VIDES UK.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: VIDES UK is a connected charity. A grant of £Nil was given.
“The living costs of the four trustees are therefore borne by the Charity. None of the Trustees received any remuneration or other benefits in connection with their duties as Trustees during the year.” — page 26
“A grant of £Nil (2023: £1,000) was also given to VIDES UK.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP.

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

Total income
£865k
Total spending
£1.3m
Reserves (reported)
£6.9m
Employees
4

Reported reserves equal ~62.3 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£865k£1.3m
31/12/2023£1.6m£1.5m
31/12/2022£882k£1.4m
31/12/2021£870k£1.3m
31/12/2020£808k£1.2m

Common questions

Is INSTITUTE OF DAUGHTERS OF MARY HELP OF CHRISTIANS, OTHERWISE SALESIAN SISTERS OF ST JOHN BOSCO financially healthy?

The accounts state that the charity reported a net expenditure of £471,982 for the year, resulting in unrestricted general funds of £Nil. However, total net assets stood at £13.5m, with £6.8m designated for property and £6.6m for the retirement care of members. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by HaysMac LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
HABITAT FOR HUMANITY GREAT BRITAIN1£10k

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