Finance Score: -7

Governance Score: 0

Support Score: 3

Liabilities <10%: +3
Excess reserves: -5
Multiple Deficits and declines: -5

Dynamic board: +3
All female board: -3

Gov Income
Grant maker support: +3

Overall GiG Score: -4

SISTERS OF THE SACRED HEARTS OF JESUS AND MARY CIO

To support the religious and other charitable works carried on by the members of the Congregation and to care for those members throughout their lives within the Congregation. These ministries of the Sisters of the Congregation, all of which benefit numerous members of the general public, fall into the following main areas: Health, Education, Pastoral ministry and overseas outreach.

Analysis by Giving is Great

Positives:

The charity has received Government grants and contracts
This charity has a robust balance sheet
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is completely female
Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £27,735,114 available, equivalent to 74 months of spending and so may not be able to utilise additional funding
Income has been volatile and on several occasions in recent years less than spending

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
31/03/23	£2,417	£4,472	£-2,056	£0	£27,763	£27,735	74.4	54	0
31/03/22	£3,795	£4,535	£-740	£0	£30,866	£30,842	81.6	60	0
31/03/21	£4,852	£4,935	£-83	£0	£31,187	£31,162	75.8	67	0
31/03/20	£34,078	£5,396	£28,682	£0	£28,137	£28,086	62.5	72	1
31/03/19	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 1%
Liabilities/Income: 7%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 74.4 months
Net Current Assets/Spending: 5 months
Quick Ratio: 9

Asset Split ?

Established: 6 years

www.sacredheartsjm.org

gensec@sacredheartsjm.org

02085041624

Charity Commission for England and Wales

Tweets

Listed activities

Disability
Education/Training
General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Other congregations

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

El Salvador, Ireland, Philippines, Scotland, Throughout England And Wales, Uganda, United States, Zambia,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities
The General Public/Mankind

Who works here?

54 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

SISTER ELIZABETH MOONEY Appointed: 2022

SISTER JULIE ANNE ROSE Appointed: 2022

SISTER MARY DARGIE Appointed: 2022

SISTER MWALULA YVONNE MWILA Appointed: 2022

SISTER ELIZABETH DAWSON Appointed: 2022, Other trusteeship: THE SACRED HEARTS SISTERS 1983 CHARITABLE FUND,

Legal constitution

Charity registered in England & Wales on 04/09/2018, number: 1179804

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Care Quality Commission

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
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

5 returns made; all on time

Recent reorganisation events:

Asset transfer in from THE CONGREGATION OF RELIGIOUS WOMEN KNOWN AS THE SISTERS OF THE SACRED HEARTS OF JESUS AND MARY on 20/08/2019

Main office

CHIGWELL CONVENT
803 CHIGWELL ROAD
WOODFORD GREEN
IG8 8AU

Objectives

THE OBJECT OF THE CIO IS PROMOTING ANY CHARITABLE WORKS OR OBJECTS FOR THE TIME BEING CARRIED ON OR SUPPORTED (WHETHER IN THE UNITED KINGDOM OR ELSEWHERE) BY THE CONGREGATION AS THE TRUSTEES SHALL FROM TIME TO TIME WITH THE APPROVAL OF THE CONGREGATIONAL LEADER THINK FIT.

Data Sources