THE PIOUS SOCIETY OF THE DAUGHTERS OF ST PAUL
The objective of the charity is to communicate the Good News of Jesus Christ to the world with means of social communication. The sisters work through their Pauline Books & Media retail centres, their wholesale operation and the internet, to bring a wide range of educational & religious books, posters, icon materials, etc to Catholics, members of other denominations and the public in general.
Financial health, per its FY2024 accounts
The accounts state that free reserves amounted to £830,047, which is in excess of the stated reserves policy target of 25-50% of forecast annual operating expenditure. However, the charity reported a net expenditure of £66,121 for the year, and the trustees acknowledge that deficits are likely in coming years due to rising costs and the aging profile of the religious community.
What the accounts disclose
“No employees earned £60,000 per annum or more (including taxable benefits but excluding employer pension contributions) during the year (2023 – none).” — page 34
“Of the total income, £797,453 (2023 – £701,179) was derived from the charity’s primary purpose trading activities.”
“Our Reserves Policy is aimed at helping the Daughters of St Paul to maintain the charity as a going concern and ensure the sisters are sufficiently able to support themselves in their retirement. The general fund should comprise between 25% and 50% of forecast annual operating expenditure.” — page 14
“Income from donations and legacies includes the salaries and pensions of certain Trustees of the charity received under Gift Aid or Deed of Covenant. For the year ended 31 December 2024, the total value of these receipts amounted to £9,091 (2023 – £13,637). Other donations made by the trustees to the charity during the year amounted to £466 (2023 – £500). During the year, the charity made donations of £nil (2023 – £1,000) to assist with medical care for a relative of a trustee.” — page 38
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- SISTER ELAINE PENRICE FSPchair
- SISTER ANGELA GRANT FSP
- SISTER FLORENCE WAHOME
- SISTER JOSETTE SPITTERI CREMONA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.2m |
| 31/12/2023 | £888k | £1.3m |
| 31/12/2022 | £6.9m | £1.5m |
| 31/12/2021 | £767k | £1.1m |
| 31/12/2020 | £968k | £1.1m |
Common questions
Is THE PIOUS SOCIETY OF THE DAUGHTERS OF ST PAUL financially healthy?
Per its FY2024 accounts: The accounts state that free reserves amounted to £830,047, which is in excess of the stated reserves policy target of 25-50% of forecast annual operating expenditure. However, the charity reported a net expenditure of £66,121 for the year, and the trustees acknowledge that deficits are likely in coming years due to rising costs and the aging profile of the religious community. Its FY2024 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of THE PIOUS SOCIETY OF THE DAUGHTERS OF ST PAUL earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Charities like this
- THE SOCIETY OF ST PAUL THE APOSTLE
- THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL CIO
- INSTITUTE OF DAUGHTERS OF MARY HELP OF CHRISTIANS, OTHERWISE SALESIAN SISTERS OF ST JOHN BOSCO
- SISTERS OF CHARITY OF ST PAUL THE APOSTLE
- CHARITY FOR ST JOSEPH'S MISSIONARY SOCIETY (BRITISH REGION)
- THE SISTERS OF CHRISTIAN INSTRUCTION (ST. GILDAS) CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PIOUS SOCIETY OF THE DAUGHTERS OF ST PAUL | £1.1m | Under £60,000 | 0 | unclear | — | no doubt |
| THE SOCIETY OF ST PAUL THE APOSTLE | £1.7m | — | 0 | above | — | no doubt |
| THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL CIO | £2.7m | — | — | unclear | — | no doubt |
| INSTITUTE OF DAUGHTERS OF MARY HELP OF CHRISTIANS, OTHERWISE SALESIAN SISTERS OF ST JOHN BOSCO | £792k | — | 0 | below | — | no doubt |
| SISTERS OF CHARITY OF ST PAUL THE APOSTLE | £5.3m | — | 0 | below | — | no doubt |
| CHARITY FOR ST JOSEPH'S MISSIONARY SOCIETY (BRITISH REGION) | £2.2m | — | 0 | unclear | — | no doubt |