SAINT MARGARET'S CONVENT (CHISWICK)

Charity number: 231926
Removed charity

Charity overview

Activities - how the charity spends its money

Following the religious life in the Church of England by the promotion and maintenance of public worship; the promotion of religious teaching and spirituality; the provision of personal, nursing and residential care to elderly residents.

Income and expenditure

Data for financial year ending 31 March 2020

Total income:
£4,156,088

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £160.41k
Charitable activities £3.49m
Other trading activities £0
Investments £423.27k
Other £86.38k

Total expenditure:
£21,446,154

Text alternative for this canvas graphic is in the data table below.
Raising funds £23.15k
Charitable activities £3.86m
Other £17.56m

£1,210,405 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £17.59m
Charitable expenditure £3.86m

Fundraising

This charity does not raise funds from the public

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • Religious Activities
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
How the charity helps:
  • Provides Human Resources
  • Provides Services
Where the charity operates:
  • East Sussex
  • Hounslow

Governance

Registration history:
  • 09 April 1964: Standard registration
  • 26 October 2021: Removed (Amalgamated)
  • 26 October 2021: Funds transferred to 1188112 SAINT MARGARET'S CONVENT (SSM CHISWICK) CIO
Organisation type:
Other
Other names:
  • SAINT MARGARET'S CONVENT (UCKFIELD) (Previous name)
  • SOCIETY OF ST MARGARET (Previous name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Land and property:
This charity owns and/or leases land or property

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/03/2016 31/03/2017 31/03/2018 31/03/2019 31/03/2020
Total gross income £3.29m £3.89m £3.84m £3.87m £4.16m
Total expenditure £3.07m £3.26m £3.54m £3.59m £21.45m
Income from government contracts £112.12k £136.00k N/A N/A N/A
Income from government grants £0 £0 N/A N/A N/A
Income - Donations and legacies £387.60k £158.80k £193.89k £144.55k £160.41k
Income - Other trading activities £0 £0 £25.00k £0 £0
Income - Charitable activities £2.60m £2.79m £3.09m £3.26m £3.49m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £280.44k £319.15k £369.92k £405.35k £423.27k
Income - Other £23.79k £624.67k £160.84k £61.23k £86.38k
Income - Legacies £165.62k £24.95k £50.00k £4.92k £25.00k
Expenditure - Charitable activities £3.05m £3.24m £3.52m £3.57m £3.86m
Expenditure - Raising funds £18.80k £20.01k £22.13k £22.36k £23.15k
Expenditure - Governance £14.53k £23.93k £24.77k £25.88k £31.19k
Expenditure - Grants institution £9.59k £105.25k £43.48k £0 £0
Expenditure - Investment management £18.80k £20.01k £22.13k £22.36k £23.15k
Expenditure - Other £0 £0 £0 £0 £17.56m

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/03/2016 31/03/2017 31/03/2018 31/03/2019 31/03/2020
Own use assets £4.51m £4.74m £4.75m £4.93m £0
Long-term investments £9.62m £11.03m £12.24m £12.65m £0
Other assets £1.62m £2.25m £1.20m £1.31m £0
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £302.52k £511.96k £400.57k £397.57k £0

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2021 Not submitted
Accounts and TAR 31 March 2021 Not submitted
Annual return 31 March 2020 14 January 2021 On Time
Accounts and TAR 31 March 2020 14 January 2021 On Time
Annual return 31 March 2019 14 January 2020 On Time
Accounts and TAR 31 March 2019 14 January 2020 On Time
Annual return 31 March 2018 31 January 2019 On Time
Accounts and TAR 31 March 2018 31 January 2019 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

SCHEME OF THE CHARITY COMMISSIONERS DATED 31 MARCH 2000 AS AMENDED BY RESOLUTION DATED 16 JANUARY 2008 AS AMENDED ON 27/01/2015

Charitable objects

THE OBJECT OF THE CONVENT IS TO ACT AS A RELIGIOUS COMMUNITY OF THE CHURCH OF ENGLAND TO DEVOTE EVERY FACULTY OF BODY, MIND AND SPIRIT TO GOD BY RESPONDING TO HIS CALL BY THE VOWS OF POVERTY, CHASTITY, OBEDIENCE, AND CHARITY IDENTIFIED IN PART 1 OF THE SCHEDULE TO THE SCHEME; AND MORE PARTICULARLY BY CARRYING ON VARIOUS CHARITABLE WORKS INCLUDING THE RELIEF OF THOSE IN NEED, THE ADVANCEMENT OF RELIGION, AND THE PROMOTION OF EDUCATION.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED.