INSTITUTE OF OUR LADY OF MERCY

Registered charity 290544 · accounts filings on the Charity Commission register · also known as THE INSTITUTE OF OUR LADY OF MERCY

Latest income
£11.9m
Latest spending
£18.1m
Registered
1984
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £39.1m for the year, primarily driven by a £33.9m impairment of tangible fixed assets. Despite this deficit, the charity holds unrestricted reserves of £102.9m, which the trustees note are sufficient to mitigate the current deficit through the planned sale of surplus properties. The financial statements were prepared on a basis other than going concern due to the transfer of assets and liabilities to a new CIO entity.

What the accounts disclose

Related-party transaction: Donation to SPACE International
£10,000 was donated to the charity in 2024-5 (2023-24: £nil). — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 30/06/2025)

Total income
£11.9m
Total spending
£18.1m
Cost of raising funds
£160k
Reserves (reported)
£102.9m
Employees
236

Reported reserves equal ~68.4 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Ireland · Kenya · Peru · Romania · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/06/2025£11.9m£18.1m
30/06/2024£14.7m£24.2m
31/12/2022£9.6m£14.9m
31/12/2021£9.1m£14.1m
31/12/2020£8.9m£15.4m

Common questions

Is INSTITUTE OF OUR LADY OF MERCY financially healthy?

The accounts state that the charity reported a net deficit of £39.1m for the year, primarily driven by a £33.9m impairment of tangible fixed assets. Despite this deficit, the charity holds unrestricted reserves of £102.9m, which the trustees note are sufficient to mitigate the current deficit through the planned sale of surplus properties. The financial statements were prepared on a basis other than going concern due to the transfer of assets and liabilities to a new CIO entity. Its FY2025 accounts were audited by Buzzacott Audit 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
SISTERS OF THE CROSS AND PASSION1£9.8m

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