Father O'mahony Memorial Trust Report and Accounts for the Year Ended 31 May 2024 Company Number 2795806 Charlty Number 1039288 Annual Report of the Trustees of the Father Iymahony Memorfal Trust For the flnandal year from I" June 2023 to 31 May 2024 The Company is a Charitable Trust which is limited by Guarantee and does not have a Share Capital. Each Member of the Trust guarantees an amount not exceeding £1 in the event of the winding up of the Trust. The Trustees and Directors of the Company during the year Mr Hugh Smith (Acting Chair) Mr lan Swancott (Treasurer) Mrs Maureen Jennings (Secretary) Mrs Brenda Carney Mr Don MacLean Mr Paul Bentley Deacon Sean Loone Mr Michael Feery (From 7 October 2024) The Trust has no paid employees and relies on the time and efforts of Its volunteer5. We are pleased to report that we have had a steady year. Our regular collections at Our Lady of the Wayside have continued at a similar level to 2023. Also, we were grateful to the families of Pat Mullen, Rupert Bentley and Mr Jennings for allowing collections to be made for the Trust In memory of the deceased on the occasions of thelr funerals. The net rental income from the London property has increased this year, as maintenance costs have been reduced after significant repairs and renovations {including central heating) were carried out two years ago. The grants which we make to projects are through Charities which are based in the UX and registered with the Charities Commission. We have supported 27 projects throughout the world, as detailed below. St Marfs Educational & Charitsble Trust {Charity Numbef 1113945} Charity set up by Fr Dominlc Chukka, which has been supported by I￿r Lady of the Wayside for several years. This year. help provided to support the next stage of the building of a medical care centre at the School Campus which will cover 24 nearby villages. Many health problems during & followin8 pandemic including people dying after suffering powerful snake bites as nearest urban hospital 1$ 30miles away. Rural health care is one of the biggest challenges in India. 70% of population live in rural areas with low level of health facilities and high mortality rate due to disease. Mary's Meals {Charity Number SC0221401 By providing a daily meal at school, Mar¢s Meals creates fundamental change in the lives of children who don't have enough to eat, providing hope for the future. A child can be fed for a whole school year for £19.15. Operates in many countries In Africa. Jacob's Well (Charity Number 11923731 In the border town of Banfora, Bukina Faso. The Sunrise centre supports young people with disabllities, providing education, support, food and transport to 40 children. A second project is bringing education to children who are Currently not attending school but sent to scavenge from the town rubbish dump Afrlcan Mlsslon (Charlty Number 1099264) In support of Dr Ray Towey at Fatima Mission in ZlmbJbwe. A residential project for those with special needs. The number of young people benefitting from the project has increased from 6 to 23 since 2011. AM pays for the school fees and living costs of all 23 children at £ £4,6￿ per term13 terms a year). Pump Ald (Charity No 1077889), which facilitates the sinking of wells in places like Malawi which means that small, isolated communities can benefit from improved food security, better hygiene and reduced distance over whlch families must walk to collert water Concern Worldwide Icharity No 1092236) to assist in a project: Green Graduation - Supporting the urban poor (200 h/hs) in Bangladesh's capital city Dhaka to build sustainable pathways out of extreme poverty. Serendlp Chlldrens (Charity No 1133461) Helping destitute families in Sri Lanka who receive no aid from any national or local government. by providing orphaned children with food, clothing and equipment needed to continue education. A wide-ranging number of on-going prograrnmes and also one-off projects such as Breakfast for kids. Provision for elders, and supp)rt for Women Headed Families. Azadl In Blrnilngham (Charlty No 11386631 Support for the Hope Garden Project in Sparkbrook to cover bus fares of their group so that thLy can continue to attend the regular weekly garden and/or art sessions. These sessions provide frlendship, space to talk and socialise and occasional outings to a green space to improve mental health and deepen friendship bonds. The group comprises asylum seekers, refugees and those with mental health issues. With people from as many as 15 different ethnicitles and are open to those of all faiths and none. Woman's Trust (Charity No 1143513) which works in the UK helping women recover from domestic abuse by providin8 counselling, organises support groups and self-development semlnars or webinars. Particularly women who are refu8ees regardless of immigration status and whether they have recourse to public funds. Many need to 80 to food banks or apply to the CAB for vouchers. Help with access to services- removal costs for those fleeing abuse etc Sister Sylvia Sherwood who works amon8St the hill-top communities in Bollvla There have been many infections and deaths due to the lack of space and oxygen in the hospitals. People are being left in quarantine for two weeks without the means of support and unfortunately, some have taken advants8e and the price of medicine has risen to twice the normal. Raisin8 Futures (Charity No 1181670) through the-seed of Hope- vocational tralning and well-being support prograrnme in Kenya which empowers young people (aged 14-25) to secure employment or start their own businesses 8enerating income to support themselves and their families. Has record of 90% of 8raduates enterin8 employment. Freedom from Torture (Charty No l(XK13401 Supporting those in the UK who have survived torture, post- traumatic stress, physical health problems, risk of homelessne55 and destitution. All We Can Reg Charlty 29 Icharity No 0291691) Supporting poor and mar8inalised women from Binga District of the Zambezi Valley to earn a su5t3inable income through Ilala palm basket weaving Brlzht Sparks {Charity No 1126402) Support for work in Malawi where due to HIV, thousands of children left orphaned or impoverished. Almost all children start primary school (free) but only 14% complete secondary school. The Makhad Trust (Charity No iio)3771 Restoration of ancient Bedouin Orchards to relieve poverty in the Mountains of South Sinal. Also runnin8 projects such as Seed Bank and Herb Growin8 school for children whose father has passed away. Freedom Klt Bags (Charity No 1173656) Providing hygienic, eco- friendly. Sustainable sanitary wear for women. Each ba8 costs £25 and lasts for 3yrs. Made in Nepal, for Nepal, by Nepalese. Distribution in 2017- 729 risin8 to 5347 in 2022 . AMREF Health Africa (Charity No 0261488) Taking lifesavin8 health services to remote communities by solar-powered mobile clinics. Support & Love Via Education (Charity No 11267931 Supportin8 marginalised and mistreated street children in Uganda who do not have access to food and shelter East Afrlca Chlldrens (Charity No 1136340) Focus on the relief of poverty by empowerlng very deprived children, including abandoned or orphaned. Support for a new project.. a 2-storey teaching block at Joy School, Nairobl; providing locally 8rown meal each day," replacing stick & mud dormitories Brlght Sight Mlssion (Charity No 1154486) BSM is an eye health charity which provides eye care services to deprived communities of West Africa. Blindness and diminished vision make life incredibly hard for families who are already strug81in8. B5M are hopin8 to build a clinic In one of the communities over the next 3 years AcSd Survfvors Trust (Charity No 11549611 A small team of three now partnering a previous surlivor of an acid attack In Uzanda who has set up the Hope Care Rescue {HOCRAM), helping Six other survlvors to gain the skills and training needed to learn to sew, as part of a Tailoring programme MAD Ald (Charity No 1150955) Based on Isle of Wight this charity runs a medical aid delivery sepilce, whereby it collects decommissioned medical equipment from UK hospitals and other healthcare places and delivers to Eastern Europe, primarily Moldova where many children are housebound and socially isolated becaLrse they do not have a wheelchaii or other aids Malaika Kids UK (Charlty No 11181491 Dedicated to supporting and rescuin8 the most vulnerable children from the streets of Dar es Salaam, givlng them a stable and caring upbringing. There is a Reception home for new children received through the Ministry of Social Welfare, a relatives support programrne and a chlldrens, village housing 80 children Romanlan Challenge Appeal Icharity No 1011397) Working in Romanla, providing sheltered housing; Day Centre for Adults with disabilities; teaching independent living skills such as personal hygiene, living spaces and many more; Help wlth fuel costs. Chlldren In Need India (Charity No SC029591I A project to reduce malnutrition amongst women and children living in plantations. Those livin8 in these communities face disproportionately hi8h levels of poverty, poor nutrition and mortality CAFOD(Charity No 1160384) A further payment to support relief work following earthquake in Turkey and Syrla in February 2023. Tools lor Self-Reliance Icharity No 0280437) Began in 1980 as a UK charity collects and refurbishe5 tools providin8 people in the UK with the opportunity to work and delivers those tools to Ghana, Malawi, Uganda, Slerra Leone, Zambia tO8ether with training Wlthin each country The Trustees are 8rateful to all those who have made donation5 during the year and enabled theTrust to continue helping the disadvantaged around the world. Thankyou. Father O'mahony Memorlal Trust Staternent of Flnanclal Actlvltles For the year from l June 2023 to 31 May 2024 2024 2023 Incomln8 Resources Donations & Gifts £ 12,203.95 £ 16,058.18 Investrnent Income Rents net Bank Interest £ 14,331.00 59.78 £ 14,390.78 £ 12,585.26 Income Tax recoverable 1,525.74 £ 2,302.75 Total Incomlng resources £ 28,120.47 £ 30.946.19 Resources Expended Grants and Donations to Charitable Works Independent Examlners Fee Adrninistrative Expenses Telephone Line Companies House Fillng Fees Bank Charges £ 49,000.00 iTh).00 £ 22,500.00 100.00 60.(M) £ 60.00 75.00 Total Resources Expended £ 49,160. £ 22,675.00 Net Incomlng (outgolng) for the year N•t movemenl In fundlng 21,039.53 21.039.53 £ 8,271.19 £ 8,271.19 Balance of Funds at i June 2023 £ 81.091.95 £ 72,820.76 Balance of Funds at 31 May 2024 £ 60,052.42 £ 81.091.95 Father O'mahory Memorlal Trust Balance Sheet at 31 May 2024 2024 2023 F￿ed Assets Tangible Assets Investments 1.00 £ 43,250.00 £ 43,250.(K) Current Assets Debtors Cash in Hand Cash at Bank £ 4.538.13 £ 5,071.13 £ 12,599.29 £ 17,137.42 336.00 E 33,077.02 £ 38,148.15 307.20 Creditors Net Current Assets £ 16.801.42 £ 37,840.95 Net Total Assets £ 60.052.42 £ 81.091.95 Retsined Fund at 31 May 2024 £ 60,052.42 £ 81,091.95 Forthe year ending 31 May 2024 the companywas entitled to exemption from audit under section 477 of the Companies Act 2(Th. The rnembers have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2(Kl6. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small company regime. These financial statements were approved by the trustees onlb January 2025 and signed on behalf of the trustees by . Maureen Jennings . Hugh Smith Independent Examinerfs Report to the Trustees of Th• Father O'mahony Memorial Trust I rewi to the trustees on nry examin*h)n of the accounts of the above chanty (Wie Trust"} for the year ended 31 May 2024 Responsibllities and basls of report I report to the charity trustees on my exanination of the of the C(Xnp￿Y the year en of the 2011 Act. Independent examlnorfg statsmont I have ￿rnpleted my examination. I confirm that no materlal matters have com8 to my attention whth gives me cw3e to believe that • accounting records were not kept In accordance witti sectlon 386 of the Comptnles Act 20C6,' or . the accounts do not a(tord with such recordg: or . the accnunts do not compty with relevanl accounting requirements under section 396 of the Companies Aci 2006 other than any requiremenl that the ￿CoUntS give a 'true and fairf view ich is not a matter considered as part of an independent examination; or .the accounis have r￿t been prepared in accordance with the Chafiiies SORP {FRS102). I have no concems and have coff* across no other matters in cMnection with the examinatlon to which attention should be drawn in Ihis rep￿ in order to enable a proper understanding of the accounts to be rea(*ted. Kevin J K mey A.C.M.A. 68 Cropthome Road, Shirfey. Solihull, 3JN !3 r1￿ ?o2f.................. Notes to the Flnancial Statements for the year ended 31 May 2024 l. Accounting Policies al Basis of preparation of financial statements These financial statements have been prepared under the historical c05t convention and followin8 the recommendations of the Statement Recommended Practice Number 2 {Accountin8 by Charities). Except as noted below. these financial statements have been prepared on an accruals basis and include income and expenditure as it is earned or incurred. rather than as cash received or paid. b) Fund Accounting The charit¢s accumulated funds consist of funds which the charity may use for the purpose at its discretion. c) Voluntary Income All voluntary income is included on receipt except where the donor requires the sum to be invested in a specific manner. Grants receivable are credited to income irnmediately. Donations of cash are included into income on receipt. dl F+xed assets and depreciation Tangible fixed assets are included in the financial statements at their historic cost. They are written off over their estimated useful lives by depreciation throu8h the income and expenditure account on the following basis Fixtures and f￿ingS IO% straight line el Investment properties Investment properties are shown in the financial statements at the value at the tlme they were bequeathed to the Trust. The Trustees have reviewed the current market value of the property. but have not set up a revaluation reserve to reflect the surplus on the valuatlon, as there are no plans to sell the property. Investment income Interest is credited to the income and expenditure account on a receivable basis. Rental income is credited to the income and expenditure on an accrued basis. 8} Administrative expenditure Administrative expenditure comprises all costs incurred in running the charity which cannot be directly allocated to the charitrfs projects. As such. it includes legal and professional fees and general administrative expenditure. Notes to the Financial SLitements for the year ended 31 May 2024 2. Dlrectly Charitable Expenditure 2024 2023 Grants made to Charitable projects (net) £49,0(Kl £22,500 Raising Futures Kenya Freedom from Torture All We Can Re8 Charity 29 Pump Aid Bright Sparks The Makhad Trust Womans Trust Sister Sylvia Freedom Klt Bags AMREF Health Africa Support & Love Via Education Tools for Self Reliance East Africa Childrens Serendip Childrens Home Concern5 Wofldwide UK Bright Sight Misslon Acid Survivors Trust MAD Aid Azadi Trust Malaika Kids UK Romanian Challenge Appeal Children In Need India CAFOD Mary's Meals St Mary's Educational Trust Afrlcan Mission Jacob's Well 1181670 I(K10340 0291691 0177889 1126402 1100377 1143513 NIR 1173656 0261488 1126793 0280437 1136340 1133461 1092236 1154486 1154961 1150955 1138663 1118149 1011397 SC029591 1160384 SC022140 1113945 1099264 1192373 £2.000 £2.000 £2,000 £2,000 £i.000 £2,000 £2.000 £1.500 £2.500 £2,000 £2.000 £1,500 £1,500 £1,500 £2.000 £i.000 £2,000 £2,000 £1,000 £2,000 £2,000 £2,000 £1,500 £2.000 £2.000 £2,000 £2,000 3. Net Outgolng Rewrces Thls is stated after charging Independent Examiner's Report £100 £100 4. Tangible Assets Fixtures & Fittings Total Cost At l June 2023 At 31 May 2024 Accumulated Depreciatlon At l June 2023 Charge for the year At 31 May 2024 Net Book Value At l June 2023 At 31 May 2024 £473 £473 £473 £473 £472 £472 £472 £472 Notes to the Financial Statements for the yeJr ended 31 May 2024 5. Investments Cost or Valuation At l June 2023 At 31 May 2024 £43.250 £43,250 £43,250 £43,250 The investment properties were valued by the trustees upon acquisition. The current value is estimated as £350,000. 6. Debtor5 2024 2023 Other Debtors Tax Recoverable {Gift Aid) £ 3,023 £ 1,515 £ 2,783 7. Credltor2 Trade Creditors Other Creditors £ 336 £ 307 £ 336 £ 307 8. Guaranteed Capltal Every member of the charity has undertaken to contribute £1 to the assets of the charity in the event of its being wound up whilst he or she is a mernber or within one year after ceasing to be a member. The number of guarantors at the balance sheet date was seven (2023 -eightl. 9. Reconciliatlon and Analy515 of Movement of Fundin8 2024 2023 Total Funds Total Funds £ 28,120 £ 30.946 {£ 160) 1£ 1751 £ 72821 £103,592 Income Indirect Expenditure Opening Value of funds Funds available for use Charitable Expenditure £109,052 £ 49000 L￿￿2 £ 81092 10. Analysis of Balance Sheet Items Fixed Assets Investments Net Current Assets £ 43,250 £ 16801 £ 43,250 £ 37841