THE SISTERS OF THE INFANT JESUS (NICOLAS BARRE) GENERAL TRUST
Advancement of religious and other charitable work including education, parish and ministry work, family support, care for the elderly and support of missions
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net increase in funds of £420,348 for the year ended 31 December 2024, driven by significant net investment gains of £190,276. Per the trustees' report, free reserves amounted to £695,895, which the trustees considered adequate to cover up to three years of ongoing expenditure and provide for contingencies.
What the accounts disclose
“The trustees consider that, given the nature of the charity’s work, the level of free reserves should be sufficient to cover up to three year’s on-going expenditure and to provide for contingencies, unevenness in future income and volatility in the value of investments.” — page 13
“Sister Margaret Walsh, a trustee of the charity is also a trustee of the Hope Community Project Wolverhampton (Charity Registration Number 1139362) and St. Chad’s Sanctuary (Charity Registration Number 1178728). During the year, the charity donated £2,500 to the Hope Community Project Wolverhampton and £2,000 to St. Chad’s Sanctuary (2023 - £2,000 to the Hope Community Project Wolverhampton and £2,000 to St. Chad’s Sanctuary). Sister Margaret took no part in the decision to make these donations.” — page 34
Property (HM Land Registry)
Trustees
- Sister Marie Catherine Pitcherchair
- SISTER ROSEMARY BARTER
- Sister Margaret Philomena Walsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £393k | £163k |
| 31/12/2023 | £487k | £223k |
| 31/12/2022 | £303k | £428k |
| 31/12/2021 | £434k | £158k |
| 31/12/2020 | £271k | £135k |
Common questions
Is THE SISTERS OF THE INFANT JESUS (NICOLAS BARRE) GENERAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net increase in funds of £420,348 for the year ended 31 December 2024, driven by significant net investment gains of £190,276. Per the trustees' report, free reserves amounted to £695,895, which the trustees considered adequate to cover up to three years of ongoing expenditure and provide for contingencies. Its FY2024 accounts were audited by Buzzacott Audit LLP.