| CONTENTS | Page |
|---|---|
| Administrative Details |
3 |
| Report ofthe Trustees | 4 |
| Statement ofTrustees Responsibilities Statement ofFinancial Activities |
5 6 |
| Balance Sheet | 7 |
| Movement ofFunds | 8 |
| Notes to the Accounts | 9-10 |
C ()NCRF.I:,ITI()Y OF I'lll," .S¥1STF.R% i>F riib: INIA TF. IIF..IRT ()F NIARI M()I-IIF:K ()Tr ('IIRIST IIINI 11]YITTr'I) KIN(."DtJ ADMINlS>TRATIVF. DF.TAikn Principal .4ddrn*s .-- Bronii4'1c11 Road. Birniinghaiii B13 01.Q Tnwccs Mother Mary Claude (Chair) Sr M Colettp Obika Sr M Clan55a Nwadigbo Sr Mary Gpmma Onyeji Sr Mary Eugenia l)ffor Sr Mana Ifekristi Okoye Sf M Polycarp ogbuehi Sr M Pnscilla Ohawuc Sr M Petrina Ibekwe Sr M sebast[)9WuIke Sr Maureen Felicitasobiorah Pnncipal Bankers Lloi'4 TSB PIC Accounthnl Anyanwu (ACCA). 52 Bartley W(K¥Js Bart . B32 3RB Dale Signaiure......... -In Felicitas nbiorah IHM (Tror the .1 ruslee) Dale..... ....
| STATEMENT OF FINANCIAL ACTIVfAES FOR THE YEAR ENDED 31MARCH 2021 |
||
|---|---|---|
| 2021 | 2020 | |
| INCOME & EXPENDITURE | ||
| INCOME RESOURCES | ||
| Grants &Donations | ||
| Ordinary Income (Net of PAVE) |
250,875 | 254,596 |
| Interest Receivable | 8 | 10 |
| Other income | 136,677 | 233,023 |
| 387,560 | 487,629 | |
| RESOURCES EXPENDED | ||
| Direct charitable expenditure | 275,130 | 300,865 |
| Fund raising expenses | ||
| Management &Administrative |
76,139 | 136,100 |
| Total Resources expended | 351,269 | 436,965 |
| Net Income/(Deficit) for the year |
36,291 | 50,664 |
| Net Movement offunds | 36,291 | 50,664 |
| Balance from previous year | 492,923 | 411,730 |
| Fund to Balance Sheet | 529,215 | 462.393 |
| Unrestricted liquid funds |
128,315 | 114,534 |
| Restricted investment funds |
378.389 | 378,389 |
| Funds to Balance Sheet | 306,204 | 492.923 |
| CONGREGATION | CONGREGATION | CONGREGATION | OF THE SISTERSOF THE | ||
|---|---|---|---|---|---|
| MMACULATE | H | RT | F MARY MOTHER OF CHRIST | ||
| IHM | UNITED KINGDOM | ||||
| BALANCE SHEETASAT31MARCH 2021 | |||||
| Notes | 2021 | 2020 | |||
| FIXEDASSETS | |||||
| Investments | 378,389 | 378,389 | |||
| CURRENT ASSETS | 128,314 | ||||
| Cash &Bank | 9 | 128,314 | 114,534 | ||
| Prepayment-Insurance | 10 | ||||
| 128,314 | 114,534 | ||||
| DEDUCT UABIUTIES: | |||||
| Net Current Assets | 128,314 | 114,534 | |||
| Net Assets | 506,703 | 492,923 | |||
| Total Net Asset | 506,703 | 492,923 | |||
| FUNDS | |||||
| Unrestricted Funds |
128,315 | 114,534 | |||
| Restricted Funds | 378,389 | 378,389 | |||
| 506.704 | 492,923 | ||||
| 0 | 0 |
CONGREGATION OF THE SISTERS OF THE IMMACULATE HEART OF MAR Y MOThER OF CHRI IHM) VNITED KINGIX)M Mvdement ot forthe Year Ended 31 M*th 2021 Tthal Ir4COMING RE)uRCEs ZS0.875 136.677 254.596 233.023 250.875 136.677 io 187.629 387.560 387.560 123.651 132.193 123.651 Equiprnent and vehicle purtha5e Premises apenses Educaiion & Tfainm & Svbsistence P•))ks & StalKary. prtsn& p05we Gilts/DonaInlTrI to HQ Le8al & Professional lees AccovniinB & consulLincy lftsurance Bank thar8e5 to loan repayment HOU5e Imprt)vementsldÈ4elopment OthwIProTh)1 pvoiect Totsi Ilesources Exp•)ded Net Income RÈsources foi theyr 136.8C 9,995 4.683 149.031 10,346 9.195 1.735 2.596 5.953 5.71KI 5,791 l36.8(K) 9,995 4.683 1.660 1.185 14.892 1,185 14A92 3.012 310 33J)30 3.012 310 33.030 68,732 42,C 3.279 4J6.965 50,6(A 22.050 351,269 36.291 22.050 351,269 36.291 Net Movem1 of Funds 36.291 92.023 50.664 419.748 36.291 470.412 Openire Fund 8alaKe 378.389 Ilei Fund 8alanoat 31 Marth J28.315 378.389 470.412 506.704