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THE SACRED HEARTS SISTERS 1983 CHARITABLE FUND

Registered charity 287232 · accounts filings on the Charity Commission register · also known as SISTERS OF THE SACRED HEARTS OF JESUS AND MARY

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Latest income
£10.4m
Latest spending
£10.3m
Registered
1983
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net income of £153,892 for the year ended 31 March 2025, an improvement from the previous year's net expenditure. The trustees confirm that unrestricted reserves of £4,064,589 are deemed sufficient and consistent with their policy target of holding between three and six months of projected expenditure. The auditor reported no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: between 3 and 6 months’ projected expenditure (held: £4.1m)
“The trustees consider that, given the nature of the charity’s work going forward in respect to education, the level of free reserves should be between 3 and 6 months’ projected expenditure.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity paid the Sisters of the Sacred Hearts of Jesus and Mary CIO £6,959 towards staffing costs and £145,000 as rent for school buildings.
“During the year the Charitable Trust paid the CIO £6,959 (2024 - £6,884) towards staffing costs borne by the CIO in administering the Charitable Trust. The Charitable Trust paid the CIO £145,000 (2024 - £151,000) in the year as a rental for the two schools’ buildings occupied under licence by the Charitable Trust.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£10.4m
Total spending
£10.3m
Reserves (reported)
£4.1m
Employees
194

Reported reserves equal ~4.7 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Essex · Hillingdon

Income and spending

Financial year endIncomeSpending
31/03/2025£10.4m£10.3m
31/03/2024£9.6m£10.0m
31/03/2023£9.3m£9.4m
31/03/2022£9.0m£9.3m
31/03/2021£8.8m£8.3m

Common questions

Is THE SACRED HEARTS SISTERS 1983 CHARITABLE FUND financially healthy?

The accounts state that the charity generated a net income of £153,892 for the year ended 31 March 2025, an improvement from the previous year's net expenditure. The trustees confirm that unrestricted reserves of £4,064,589 are deemed sufficient and consistent with their policy target of holding between three and six months of projected expenditure. The auditor reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.