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home >> charity search >> society of the sacred heart cio
Finance Score: -2
Governance Score: 0
Support Score: 3
  • Liabilities <10%: +3
  • Excess reserves: -5
    • Gov Income
    • Grant maker support: +3
    Overall GiG Score: 1 ?

    SOCIETY OF THE SACRED HEART CIO 

    THE SUPPORT OF THE MEMBERS OF THE SOCIETY AND THEIR CHARITABLE WORKS; THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION; THE ADVANCEMENT OF EDUCATION; THE RELIEF OF POVERTY.
    Analysis by Giving is Great

    Positives:

    • The charity has received Government grants
    • This charity has a robust balance sheet

    Regulatory & Governance issues to consider:

    • This charity is not recognised by HMRC for Gift Aid according to its latest published return

    Financial issues to consider:

    • This charity has substantial assets and unrestricted reserves of £50,141,530 available, equivalent to 188 months of spending and so may not be able to utilise additional funding
    miles

    Financial Data ?

    Income & Spending ?
    Sources of Income ?
    Y/E Income
    £k    		 Spending
    £k    		 Surplus/
    Deficit    		 Fundraising
    Cost £k    		 Total
    Funds £k    		 Unrestricted
    Funds £k    		 Mths
    Rsrvs    		 Staff Volun-
    teers
    30/06/23£2,313£3,208£-894£0£50,147£50,142187.6530
    30/06/22£2,140£3,421£-1,281£0£50,138£50,133175.8480
    30/06/21£2,038£2,753£-714£0£53,535£53,530233.4490
    30/06/20£51,631£3,385£48,246£0£49,435£49,424175.2480
    30/06/19£0£0£0n/an/an/an/an/a0
    Download accounts
    Financial Ratios
    Fundraising Costs/Relevant Income: 0%
    Fundraising Costs/Total Spending: 0%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 0%
    Liabilities/Income: 9%
    Unrestricted Funds/Total Funds: 100%
    Reserves/Spending: 187.6 months
    Net Current Assets/Spending: 13 months
    Quick Ratio: 12.8
    Asset Split ?
    Established: 6 years

    www.societysacredheart.org.uk

    provincial@societysacredheart.org

    02087489353

    Charity Commission for England and Wales
    UN SDGs
    ?
    Listed activities
    • Education/Training
    • Other Charitable Purposes
    • Religious Activities
    • The Prevention Or Relief Of Poverty
    GiG Classification
    • Christian congregations
    How it operates
    • Makes Grants to Individuals
    • Makes Grants to Organisations
    • Other charitable activities
    • Provides buildings/facilities/open space
    • Provides services
    Where it operates
    • Throughout England And Wales,
    Who it helps
    • The General Public/Mankind
    Who works here?
    • 53 employees

    Who's supporting them? ?

    We have no records of donations from grant makers.

    How is it governed?

    Trustees (8)
    Current Trustees appointed

    Legal constitution
    • Charity registered in England & Wales on 23/07/2018, number: 1179288
    Gift Aid
    • NOT registered with HMRC for Gift Aid
    Policies in force
    • Bullying and harassment policy and procedures
    • Complaints handling
    • Complaints policy and procedures
    • Conflicting interests
    • Financial reserves policy and procedures
    • Internal charity financial controls policy and procedures
    • Internal risk management policy and procedures
    • Investing charity funds policy and procedures
    • Investment
    • Paying staff
    • Risk management
    • Safeguarding policy and procedures
    • Safeguarding vulnerable beneficiaries
    • Serious incident reporting policy and procedures
    • Social media policy and procedures
    • Trustee conflicts of interest policy and procedures
    • Trustee expenses policy and procedures
    • Volunteer management
    Filing Record
    5 returns made; all on time
    Recent reorganisation events:
    • Asset transfer in from THE DIGBY STUART MCCARTHY TRUST (FORMERLY KNOWN AS ST CHARLES'S BENEVOLENT FUND) on 11/09/2020
    Main office

    SOCIETY OF THE SACRED HEART
    3 BUTE GARDENS
    LONDON
    W6 7DR

    Objectives

    THE OBJECT OF THE CIO IS THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION THROUGH THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE SOCIETY AS THE TRUSTEES WITH THE APPROVAL OF THE PROVINCIAL SUPERIOR SHALL FROM TIME TO TIME THINK FIT INCLUDING, BUT NOT LIMITED TO:(1) THE SUPPORT OF THE MEMBERS OF THE SOCIETY AND THEIR CHARITABLE WORKS;(2) THE ADVANCEMENT OF EDUCATION OF THE PUBLIC IN ACCORDANCE WITH THE PRINCIPLES AND DOCTRINES OF THE ROMAN CATHOLIC RELIGION; AND(3) THE RELIEF OF POVERTY.

    Data Sources

    Charity Commission for England and Wales
    CharityBase
    Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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