MARIAN MISSION FOR THII POOR (JTrgiote¥ed eAaYity Jvo.. 1112401.. - eompoty jV 5589179) MMF TRUSTEES ANNUAL REI PORT FOR YEAR ENDED 31 DECEMBER 2023
TABLE OF CONTENTS Trustees, Annual Report Accountant's Independent Examination Report statement of Financial Activities Balance Sheet Notes lo Accounts
Marian Mission for the Poor Trustees, Annual Report For the year ended 31 December 2023 FULL NAME". WORKING NAMES: Marian Mission for the Poor Marian Mission Educational and Family Support Centre Marian Missionary Sisters of the Poor Marian Retreat Centre MISSION STATEMENT The Marian Mission for the Poor elms towards the development and provision of a range of meaningful quality seNices to meet the growing spiritual, emotional, social and educational needs of all children and young people, particularly those who are socially excluded or are from disadvantaged families of low incomelsingle parent or who have learning and physical disabilities. We further aim to support the spiritual development of individual adults who seek solace and tranquillity in encountering God through reflections, contemplation and retreats. The Marian Mission Educational and Family Support Centre exists to further ils mission in the London area by enabling children and young people explore their environment, increase the Dpportunily for them to maximise their potentials and develop socially, academically, morally and spiritually as they grow. The new Marian Retreat Centre at Nympsfield in Gloucestershire County provides spiritual comfort and solace lo adults and school children who need the quietude to encounter God and reflecl on their lives and relationships. Our setvices are enriched by the cultural diversity of its surrounding communities. We aim to offer first- class seiS that are responsive to the needs of the children and young people who are entrusted lo our care and adults who visit lo explore and enjoy our retreat services. Our philosophy is grounded in Catholic Principles and the spirit of Ecumenism and Social Inclusion. It is enriched by the cultural and religious diversity of ils surrounding communities. We seek to promote communrty cohesion by developing an all-embracing inclusive community that enhances individual, spiritual, social, academic and cultural development in the light of the principles of social inclusion and inlegraliDn. AIMS AND OBJECTIVES OF THE ORGANISATION The principal objects of the Charity are the advancement of education, protection and care of abusedlpoorlunderprivileged ¢hildren,' Ihe relief of poverty, the advancement of religion, the provision of primary health care for the poor in third world countries and the financial support of Catholic Churches in poor rural communities of developing countries. Overall management of the Charity is the responsibility af the trustees who are elected or co-opted under the terms of the constitution8. Day to day projects development activities are managed by and carried out by one full time staff 7 part time sessional staff and 15 volunteers. TRUSTEES The Trustees of the charity are.. Mother Maria Chioma Emeagi, Chair of Trustees Rev.Dr. Augustine U. Ihedinma, Trusteelsecretary Sr. Stèlla E. Davies, Sir Joseph Duke and Sr. Blessing O. Onuoha. [2]
REVIEW OF ACTIVITIES AND ACHIEVEMENTS DURING THE PERIOD The b08rd of Trustees of the Marian Mission for the Poor achieved some ol the targets set for 2023. These include- Continulng to develop further our Fee Paying Short Break Services for disabled children from the London borough of Newham and London borough of Waltham Forest. Yes the number of our short break service users increased remarkably and we are hopeful Ihat tt will continue lo grow. Advertise our services more to increase the capacity of service users We continue advertise our services in our local newspapers and online and the outcome is encouraging. Securing funding to purchase a minlbus for children and young people, particularly for our after school club and holiday projects. This target has not been achieved as another funding application for a minibus was not successful, but we are continuing to seek for such funding. Complete the process of submitting application to secure FEEE funding. This was completed in November 2023 and we hope to get our funding before the end of January 2024, Intensifying efforts to secure funding for our international literacy and poverty eradication school project in Nigerla. We are still searching for this funding with no success so far. FINANCE The Board of Trustees has in this financial year to December 2023 worked hard to increase number of service users in our Short Break services in the London borough of Wallham Forest as well as that of the London borough of Newham. The charity's long term financial obligation is with Barclays Bank PLC as a commercial mortgage. The short term financial obligations are". 1. Bounce Back loan with Barclays and 2. CAF loan forthe development of the sensory room. Our new financial management systems make il easier for both the organisation and parents to be able to make payments as required and when due to avoid undue debts. With the new financial Control systems in pla, our clients are supported in the process to avoid slipping into huge debts. Our financial Consultant continues to support the committee in developing robust financial syst8ms that will sustain the growth of the Charity and our Sage Cloud accounting system is working out very well. Securing the government's Free Early Education Entitlement {FEEEI We have worked hard and completed the needed documentations and have submitted our application to the Early Years Team of the London borough of Waltham Forest for the approval of the FEEE funds for our pre-school seNice, Our senior management leam is now waiting for the borough's first review since we submilled in November 2023. We are hopeful the funding will be secured early 2024. [3]
The International Literacy and Poverty Eradication Project: Proposed Building of a Secondary School of British Standard The proposed charity all through nLJrsery, Primary and secondary school project continued lo have a set back because of our slow recovery from the effect of the covid-19 lockdown as the Friends of the Marian Mission for the Poor, Nigerian group, have still not sueYed the purchased land. The Friends of the Marian Mission for the Poor" in Nigeria are still working on the architectural drawings of the school plan. We still did not get to Ihe stage of getting a bill of quantity produced and this will carry over to 2024 to give us an estimated cost of developing the project. The bakery project is developing gradually. The Friends of the Marian Mission Nigeria were still nol able to carry out their planned fundraising event because Df political instabilities and unrest. Hopefully, they may be able to do so when the economic situation improved. The team of project committee members are still working hard to find some funders and sponsors from Nigeria who can support the project. Our Religious Community in Owerri, Imo State, Nigeria Our religious community in Owerri, Imo State Nigeria is growing steadily in number. We have a growing number of postulants who are undergoing their religious formation as part of their journey to the religious life. We thank God for the vocation and pray for more. Some of the postulants will be sponsored to join our religious community in the UK for their noviliale al our community in Nympsfield, Gloucestershire GL10 3TZ. Our bakery had a set back again as we are going through transition from the use of firewood to the use of gas. Thanks be to God and the effort of Rev. Dr. Augustine U. Ihedinma. our Sisters 2nd the members of the Friends of the Marian Missionary Sisters of the Poor, Nigerian branch, particularly Miss Blessing Deiyi Davies who is leading in the restoration of the bakery. The presence of the Sisters in our community in Owerri has led lo the increase in number of young ladies who desire to join our religious order. It has also made it easier for us lo get more sponsors and benefaclars that are helping and supporting the congregation in Nigeria. We are now developing an in- depth formation for our young candidates to the religious life in Nigeria. Our Projects in London The pre-school has submitted our application for the government early years funding IFEEE- Free Early Education Entitlement for Two, Three and Four Year Olds) Vve had a good Ofsted inspection in June 2019. However. we are not still in receipt of the govemment FEEE because we are still wailing for the outcome of the application we submitted. We have gol all that is required by the local authority for the assesstnenl of our application. We are really working hard to expand the capacity of the Pre-school and hope to achieve this as soon as possible. The building work has improved acce55 for physically disabled children and young people and the extension has increase the capacity and rneels the DDA'S (Disability Discrimination Act) requirements. Our focus for next year will be to further increase and sustain the self-financing services that the charity delivers so as lo raise funds to be able to support many more vulnerable children and hard to reach disadvantaged families. The Pre-school is one of such projects. The organisation delivered Short Break servIS for the London borough of Waltham Forest and the London borough of Newham and we are continuing to do so. Our self-referral direct payment short break service is gradually developing in Waltharr Forest and the London Borough of Newham to enable parents to buy in services directly for their children. We can now deliver services to wheelchair users in our Centre. Our Saturday Supplernentary School for children with Leaming difficulties and school underachievers did not take pla during this year 2023. We were not able to apply for any funding for the project this year. This is a very highly needed project as it helps children from disadvantaged low income families to break barriers to learning and raise academic achievements that will eventually get them out of the poverty cycle. We made application foi funding for youth projects only to the local Wards and we got funding from Leylon, [4]
High Street and Lea Bridge wards of the London borough of Waltham Forest. We have been supporting families with children with challenging behaviour on an outreach 1..1 basis. It is really very irnportanl that this project continues to run now that the building project is completed to prevent high level of school disaffection and exclusions in the future. Young people need a safe haven during school holidays and that was what the project provided. Vve have so far supported many disaffeded children and young people from the charity's resources as this is one of our primary objectives and we conlinue lo do so. The LEXIA READING SYSTEM software funded by the LBWF community ward grant in 202112022 is still being used to support the language development of underachieving pupils. The growth of the Educational and Family Support Centre in the London Borough of Wallham Forest is progressive this year because of an increase in self finan¢ing projects. We succeeded in resourcing the pre-school and short break services for disabled children with sensory and wooden equipment and play toys that will last for years. So we do not need to spend much money on equipment in 2024. The Organisalion continues lo work well with local schools, social seNices, Early Years Team and Disabled Children's Team. We have succeeded in continuing to offer services in the following areas. Positive Holiday diversionary, Careers awareness, behaviour management for children and young people with Special Educational Needs, Physical disabilities, emotional and behavioural difficulties as well as those who are socially excluded,. Breakfast and After SGhool club. Short break services for disabled children Outreach Family Support Services Catechism of the Catholic Church to Catholic children at our Centre and in the parish Pastoral support to targeted children who access our services Support of our Catholic Choir Full Childcare and Pre-school services Retreat Services FUNDRAISING.. The Friends of the Marian Missionary Sisters of the Poor and the Parenls/Staff association had very little fundraising events during the year. Individual donations were also received this year. Our services were reviewed again based on the outcome of needs survey and it was decided that we continue to focus on vulnerable and disabled children and young people i.e. those with learning difficulties, behavioural and emotional difficulties as well as those with other forms of mental or physical disabilities as the need is very high on these areas. It was also agreed that we invest more on our pre-school and childcare services to be able lo raise fund for our charitable services. Hence we are working hard to secure the FEEE funding. OUR RELIGIOUS COMMUNITY AT NYMPSFIELD IN GLOUCESTERSHIRE Our religious community al the ° Our Lady's Homestead at Nympsfield" is still trying to survive the impact of the covid-19 lockdown as the Marian Retreat Centre that offers religious services to people, which is now open, is not yel operating al full capacity. TASKS AHEAD". Continuing to develop further our Fee Paying Short Break Services for disabled children from the London borough of Newham and London borough of Wallham Forest, Advertise our services more to increase the capacity of service users Securing ftjnding to purchase a minibus for children and young people, particularly for our after school club and holiday projects. Intensifying efforts to secure funding for our international literacy and poverty eradication school project. [5]
POLICIES.. RESERVES POLICY.. Since il is a matter of urgency to continue our services lo vulnerable, disadvantaged and poor children and their families. the Charity has a reserve policy whereby any unused unrestricted income will be sel aside for the purpose of funding services for children and young people whose families are poor and unable to pay for such services. The Trustees believe that by carrying out an annual review over ils key financial indicators it will be able lo provide sufficient resources in the evenl of adverse circumstances in the coming years INVESTMENTS This year the charity invested in a 10 laptops for our after school club. We also inve8led on developing tailor made educational resources for our targeted pupils who needed extra support. We invested in a lol Of staff training lo improve quality. The Trustees are pleased to report that all work undertaken are progressing satisfactorily. This report is approved by the board of Trustees and signed on their behalf. SIGNED.. Mother Maria Chioma Emeagi (Chairperson) DATE.. 15. July 2023
Report of the Independent examiner to the trustses of Marian Mission for the Poor a charitable company limited by guarantee. Re Final statements for the year ended 313t December 2023 Respectlve responslbllities of trustees and examiner The Trustees who are also directors of the organisation are responsible for the preparation of the accounts. They consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 and that an indèpendent examination is needed. Having satisfied myself that the charity is not subject to audtt under company law and is eligible for independent examination. it is my responsibility to.. examine the accounts under seclion 145 of the 2011 Act" to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act,. and to State whether particular matters have come to my attention. Basis of Independent examlner's report My examination was Carried out in accordano with the general diredions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees conceming any such matters. These procedures do not seek to express an audit opinton on the accounts Independent examinefs statsment In Gonnection with my examination, no matter has come to my attention: (1) which giv8s me reasonable cause to believe that in any material respect the requlrements: to keep a¢Gounting records in accordance with section 386 of the Companies Act 2006" and to prepare accounts which accord with Ihe accounting records, comply wlth the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Ststement of Recommended Practice: Accounting and Reporting by Charities have not been met", or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reach8d. Independent Examiner. Date., 17th July 2024 Certified Accountant Communily Accounting Support Project 702 High Road Leyton London E10 6JP 171
Marfatri Mission for the Poor Statement of Financial Activlties For Year ended 31st December 2023 Total Funds 2Q23 4,635 75,445 91,023 21,174 192,276 Totsl Funds 2022 9.512 51,872 97,206 28,447 187,037 Incoming Resources Grant Re[ptS Contracts Income from Activities Fundraising & Donations Total Incoming ReSoUrS notss Resources Expended Activty costs (educational resources, toys Ect ) 24,258.57 28.920 Management & Administration costs 107,384,19 86,731 Mortgage IRepairs & maintenan cost 35.078.65 42,926 Other Costs - Housekeeping Miscellaneous Expenses 14,295.00 1,335.85 3.143 8,204 Governance Costs 3,127,20 185,477 9,274 179,198 Net Incoming Resource5 Fund Balafts Brought Forward Fund Balan$ 31st Dec 2023 6,799 978,869 985.688 7,839 971,030 978,869 181
MARIAN MISSION FOR THE POOR Balance Sheet as at 31st December 2023 nots$ 2023 2022 Fixed Assets U K Properties M.Value (2019) Land & Propety Overseas Sensory Room Equipment Computerl Off Equipment 1,482,950 120,035 28,316 30,182 1,661,483 1,482,950 142,765 30,586 36,182 1,692,483 Current Assets Cash at Bank and in Hand 17,806 8,106 Current Liabllitles Nèt Current Assèts 17,806 8,106 Totsl Assets less Current Liabilltes 1,679.289 1,700,589 Long.Terrn Liabilities 693.621 721.719 Total Net Assets 985,668 978,869 Net Incoming Resources Fuind Balance .Blfwd Total Funds 31st Dec 2023 6.799 978.869 985,668 7,839 971030 978.869 Statement of Trustees responsibillties The Trustees are satisfied that the company is entiltled to exemption under section 477 of the Companies Act 2006 and no notice has been deFrf)SFted under section 476 of the. act requesting that an audit be conducted for the period ended 31st December 2023 The Trustees acknowledge their responsibilities for (a) ensuring the company keeps accounting records which complies with the requirements of section 386 of Companies Act 2006 (b) preparing accounts which give a true and fair view of the state of affalrs of the Company as at 31st Dember 2023 and of its income and expenditure for that finance year in accordance with the requirements of section 393, and which othewlse comply with the requirements of the Companies aot relating to accounts so far as applicable to the company. The accounts have been prepared in accordance with the special provisions applicabl8 to small ompanies Sign8d on behalf of the Trustees on... Mother Maria Chioma Emeagi Trustee { Chairperson ) [91
MARIAN NJSSION FOR THE POOR Notss to the Accounts forthe period endlng 315t December 2023 1, Accountlng Poll¢ies Accountng Basls l a ) The Financlal statements ar6 prepared underthe FiisloriG ¢osI basis in accordance with FinanGial Reporting Standards For sMalr Enblies and In Cornplla with Statements of recommended Practf¢e applicable to Charities.) ( b l The organisation's main Sour of income is from grants and dOnattL5. Scrfne income is derived from derived from acbvities arKI semces provid by the Company. ( c ) Grants recelved kjrspecrfjc purposes are accountsd for as Reslricled FurKls and are applied in affordae with the tems ofthe grant. And all properties owned are restrlcted In that their use cannot be ¢hanged { d } Incclne and expendthre relating to activifies ofthe charity have been taken inlo account on th8 accrua15 basts. { e I Company Status. Marian Mission for the Poor is a Company limited by guarantee without a shae capital Members liablllly in the event of the company being wound up, is reslrided lo £1 each s a registered charity, the Organisation is exempt from imn6 & corporation tsx on income derFved from its charitable act1v$ as it fal withln the varNJus exemptions availabe to registered chatilies. Incomlng Resources 2, Income from Grants Grant, LBWF Community Council Fund Grant Funding (Friends of MMSP) Year 2023 4,200 435 4,635 Year 2022 8,823 690 9.513 I InconR from Contracts Short Btpak SeNices LBWF & LBN 56,332 51,872 Year 2,023 Year 2022 2,000 45,339 4 Income from Activie5 TUtn Fees Brèakfast & after School Pre Sch( Childcare Holiday Club Short break contracts & direct payments MisGellaneous Income 49.273 32.146 9,604 19,112 22,953 3,000 23,914 110.135 97,206 Inenme from Fundratsing, Gifts & Donations 21.174 28,446 [101
Notes .othe a¢counts contlnued 5, Income from Fundralslng & Donations Ourfundraising efforts and donations received rdised £21,174 this year Last years donations totalling £28,447 thanks to ourmany supporters who believed in us and are committed lo our work 6, Fixed Assets InGlude5 Overseas Land & property aCquId forthe development of edlatiOnal faciliftes for poor and vulunerdble children and young people In Nlgeria and includes a Bakery Investment plan unfortunately this plan has been SuspeIed due to the dIffUlty the Chartyfaces in its operation in England and this has resulted in the feductKin in the value oflh6 pertY even though our plans remain the same The Uk Property which originally conslsted of 2 properties has undergone subslanlial Redevdopment for nursery education wtth a set)sory room forspecial needs children Its valuation is not been depieGiated The compute and Office Equrpment are shown atthe Wrftten down value after charging depreciation at 20%10 write of the assel overlheir estimated Ltselul Ille. Depreciatn Is notcharged in the yearof acquisition 8, Creditors Accrued expenses oulstandirKJ .., NIL 9, Long Terni Llabllltios These are th8 outstsnding long tsmi loan balances held as at 31st Decemkr 2023 Barclays Bank Long lemi Loan 631,622 Ch8rities Aid Foundation Lo 24,614 Batdays Bank 8ourth Back Loan 37,385 10 No paynEnts were made to the Trustses by way of rgmuneralion during the current ri0d to DeMr 2023 and there are no related paty transa¢llons during this stat6YI peTlOd, 111J