CONC.RF.C.ATI()N OF THF. SlS>TTr".ILS OF THF. IMMACIILATb= FlTr:ART OTr MARY M()'I"HF.R C)F CIIRI%'I IHM IINITF.I) KINC:I)()M Reports & Accounts For Year Ended 31 March 2024 An Organisation with a charitable purpose
CI>N(:KTr:C:ATI()N ()Tr Tlll¢. 4>l¢iTTr.R.4i C)1* I'IIF. IMMA('IIL b". IlTr:A AR ()' UNITTr:D KINI:IM)M inanLial statements for ihe year Fnded 31 March 2024 TABLE OF CONTEIYTS CONTENTS Page Administrative Dciails Repx)rt of thL TrusteL's SthiLment of Trustces ResN)nsibilities StalLmLnt ol. Financial Activitics IJalLL ShLI'I MovLmenl of l.'und.s Notes io the ALL()unis 9-10
cnh'riiv.rATlnY T11fr..7FlL$ fth'TIIP Il•yrTr.D Icifvriin. ADNIINISrnATIVC DETAIIS Sr M CokTtlc OlTra Sf M Owe UL4yisd ¢Xa>t Sf M 14ybcrt EnYw¥•ie Sr M s1ouTNI&¢. DY9 ofL (For Tnthj Sr Fhff4
C'C)N(:Rfr.(:Al'l()N ()fr riiTr: .S¥l%l'l R.5 C)F"fiiF IMMAC'III,ATTr= IlTr-tRT C)It' Nl,IRY M()'I"Ilfr'.R ()b' C'IIRl41'r IINI'I'lt l) l(IN('I)()M RFPORT OF TIII- TRUSTTr.ES The IruslLc% prescnt their annual rLwrt and financial slatement for the year ended 31 March 2024 in accordance wilh thc C harity's constilution. I. PRINCIPAI. AC'I'IVITII.-S lknc principal aciivity of Ihe Congpregjation duringi the financial period was centrdlly li)Lu.,d ai th {liVi11CS that aid the laLililation of advanLemcnl of Christidn rcli&Jion according to the tcnets of the Roman Caiholic Church. li s0 workL.d iowards faciliiatingi cducalion of the undcr-privileg?Ld pe()plc, the rcliLf of the neL'dy. help of the sick and distrcssed pIe and iowards pr()motingv research into the conditions of lifL' of the inhabiiants in &peneral. OnLL abTain. IhL Iru%lLLs exprcss Ihank.s lo all the sislcrs, individuiils and agiencies that hLl-d in unquanti fiablL' way.s t()W(wdts developing) the Con&>re&)alion's services and Ii)ok lorward to thL'ir conlinuingi support whLrLvLf rfd whLnLvLf ws5iblL' in thL luiurL'. "Ihe C'ongirL'gialion ol" IhL' Sistcrs ot'thL' Immaculale Ileart of MI. Moiher ofchrisl dcvotL' Ihcir lime in caringp lor ihL' SiLk and h()u.%L'b()und. "lkncy Lary ()ut these mini%lriL% by visitinby ihL sick and h()usebound. prL'paringp children l()r slraMLnls and ()thL'r aLtivitiLs in ihc LhurLh. 'I'hLy ()rgiani%Ld rLlrL'at and i)IhL'r scminari lor thL'ir 'riLnds A5.scILiaics in whiLh InorL ihan 80 pLvplL aiiLndLd. In t()tal they pui more Ihan 6812 huur5 ()I' voluntary sL'rviLL's within Ihc yLlIr. I'hcy alm) %upp()rt thL (ircai Orniond Children I lospital ihrc)ugh monihly dircci dcbit.. 'I'hey prc)vidL hi)I mciil lo thc homLIL's.s on wL'L'kly b&s'is. 'fhLy teLd on avLrdgJL 01. 60 to 70 homLIL'&% LvLry wLLk. 2. SIJRPI.IJS/I)I..I.'IC'I'I- ThL nci d¢liLii fc)r ihL yLar undL'r rL'viL'w is -£3C),g1 l. I..xn%c's in Year w&5 impuLlcd by Sli1nl on prLmi'5 LusI.% li)r pri)rtY returbi%hmLnt. "fhL nLI dbgJfLbPiilL lunds carriLxl f()rwiird, Xillcr L'xLludiiigi <lLLruLd eXndItUr(. iiinouiil lo £134.11()2. A uniiiiary cil- IhL' l inanLidl rLuII.4 1(Ir ihL yL IS ggiVLn in ihL .slJlL mLnl i)I' l.-inanLial aLiiviIiLs. whilL il niorL delailLd rLlX)rt 1% prL'SL"ntLd on ihL M()VLmLnt of I",und slalL'mLnl. 3. 1"RU(i'l'l.'1.:4 'lThc iruslLLs and somc ul" IhL mLmlK'P of ihe MIallMln1 committee who servcd during th¢ year Lndcd 31 MarLh 2024 arL" lisied on pagje l. 4. CON"fRAC'I'5 WI'I"I I TRIJ%"I'I,"I.'S 'I'hcrL' iifL' no LonirdLls ()r 41&JfLL'mL'nl subsisting duringi or at ihe end of the finanLial ycar in which tru%lLL'% ofihc CongirL'Liali()n w&s or is matcri<illy intercsled and whiLh or is sigJnitiLaiil in rLliilion to ihe busincs.% ol. IhL orgpanis<iliun. •****************
C'()N(;Rb.C..ATI()N ()F TIIF. SISTfr-.R4i ()F TIIF. IMMAC'IILATb" IlTr:,IRT ()Tr" MtlRI' NI()'IIITr"R ()Tr" C'HRIST 111M 11]YI'I'Tr:I) IKIN('I)I)I¥I STA"I"I.'MI."NI" OF TRUS'I'I.'I=.S' RP.SPI)NS11311.1'1'11.'S The Trustees are required by law to prepare financial statements. which give a true and lair view ofthe state ofalT&iifi Ot" the charitsble or&ianisalion at the end of the rinanLial period. The financial sialements must be prL'pared in aLcordanLe with Ihc rL'quirL'd fomiat and disclci%urL% i)I" IhL ('hariliL's ALt 1993 and ihe applicable acLounlingv sLmdards lo datL'. In addition the Tru.stcLs are . l. To select suilable accounling p()liLies and apply ihem consislently 2. To make judbiemenls and cstim(IILs which arL relonablL and prudcni. 3. To iakc (ILcounl ot"LXPLllscs {d inLomc rLlaiinbJ 10 the riod rctx)rled on, whciher or noi ihLy have bL'L'n paid ()r reLcivLd in that pLri()d. 4. .1 o slalL .hClhLr ¢1ppIiLablL aLLI)unlinbJ slandard.% havc tLn li)Ilowed. .subjeLI to any malcrial departurL disLlo%cd and LxplainLd in thL' tinancial slalLmL'nt.%' and 5. 1.() prL"parL' IinanLial %lai¢mL"nls i)n a gi()ingi L()nLLrn basis. unlcss it is inappr(Ipriatc to prLsuinL thai thL orb11110n will L()nlinuL in businLSS. 'I"he .1 ru51LYS LonlirmLxl that thL fInLIa1 siatements Lomply with the abovL' rLquirLmcnls. 'I'hL' -1 ruslL'Ls <Lre als() rL'%p()nsible tor maintainin&5 adiquate aLcountin rcL()rds io cnable ihLm to LnsurL ihai ihL' tinanLial slatLmLntS Lomply wilh ihe rLquirLillLnts c)I' thL' (_'harilics ALI 19()3. '1"hcy are als() rLsponsiblL' for sdli&Ju¥irdingi the as%L'ls ol" thL' C'harily lind hcnLL tor idking) rc.{onablc 5ILp5 for the preveniion and dLteLlion of Iraud iind oihLr irrL'&iul&wilies.
CONGREGATION OF THE SISTERS OF THE IMMACULATE HEART OF MARY MOTHER OF CHRIST IHM UNITED KINGDOM BALANCE SHEET AS AT 31 MARCH 2024 Note5 XED ASSErs Investments 378,389 378,389 CURRENT ASSETS Cash & Bank 171714 134.802 17L714 DEDucf UABIUTIES: Net Current Assets 134.802 171,714 513.191 550,103 Total Net Asset 513.191 5SO,103 FUNDS Unrestrirted Funds 134.802 171,715 Restricted Funds 378,389 378.389 513.191 550.104
CONGREGATION OF THE SISTERS OF THE IMMACULATE HEARTOF MARY MOTHER OF CHRisr IHM UNrfED KINGDOM Movement of Funds for the Year Ended 31 Marth 2024 Fund5 Total Tatsl INCOMING RESOURCES UX 326.3 148.275 Othty fvftds 73.637 73.637 Trwlff Funds 547 518,318 547 518.318 474.426 RESOURCES EXPENDED Supwt & Malnlenano of Slstefs Premlses expenses EdiKation & Training Travel & Subsistence GiltsicK*nationrrrf io legal & Professional fees Insurance Bank charys Allocation to loan repayrneni Totsl Re50ur¢e> Expended Nei Income ReUrCeS for ihe yr 176.492 261,455 3.163 3.447 IS3,087 312.107 5,615 7.339 176.492 261.455 3.163 3.447 6.242 1.715 311 54.020 11.167 L833 207 25.159 516,517 42.091 6.242 L715 311 54,020 555.230 -36,913 .36.913 Net m0ment ol Funds -36.913 171.715 .72,460 622.563 -36.913 550,104 Open1 Fund Balance 378.389 Net Fund 8alaKe at 31 Marth 134,802 378.389 550.104 513.191
Ni)IL% Ic) diL ALlC)uiil% Ic)r thL Yciir I,.iidcxI I l Miirn li '11 '4 AC"C"()UN I'IN(i IY)I,IC'll4.S I. I ALLouiiling C:onv¢niion 'Ihe finnnLilll staicmenis under rL'vlcw nre prrpiirril (Iii hliliprii'iil iiiii hnMlI lil aLci)rdiLe witli uppliciiblL ULLI)Illlliiix .¥liiiiclurdx uiid hliilLIIIIIII ill Il¢¥i)iiiiiiL iiilril PruLIiLC NumlK'r 2 IALLuuniin¥ l)y C'IMWiiiL'¥) 1.2 Income RL'Lo¥nitiun Voluniary incomL' 18 fL'L'LiV4xI in cu¥li hy wuy (>f wllnlN' xuhK'rii)liiiiiM. th?iuil1411111 and ()thcr inLC)me ar¢ inLludLd in full in tliL' iIILiimL' un(1 exi)L•li(liiiir¢ Kuiiiiil 11 thc LXtL'nl thai ihL fL'lulLxl Cx1)diLUfl IIUA lukin pl1¢. I11k liller1 li IiiLlwl¥J In the inL4)me und Lxp¢nditur¢ llLuJwil UlX)n r''1p1. 1.3 Cash Flow s>taMl Th¢ Congrcgalion tsken advonlagc uf ilK exccpii(iii in F'Inwl4l KqMlnY Sthndard I from pnKIuLin¥ a uL%h Il¢)W Ataiemeni im ihe ¥riiuThl lh li li * MMII orwi¥utsun and thc MovemL1 ()[ l.uNIN. 'llm w¢rc &h•nthhlc donatioThs rcccive41 from thL' publiL 4Jurin¥ th¢ Ti(J. tlTh uc I11¢41 • uf 1.4 Deprcci&ioD The cA)Jts ofil¢mJ ofwui• u a WTitn off in th¢ yar ol pwdwe. In w1ditio imJ irfequipmtt donfflkd lry the we qlIfIed fiK inclusi(m in Ik 1mlat &ryc¢11(M •• wAic4)1¢, 2 ORDtNARY INCOMI¥. irt Ibc rcfwxh in ts yax o(£19J73 J7. Tkn •
•*•************••y*** and similar direct charitsble expenses for their upkeep. It would a150 include staly salaries. wages. CONGREGATION OF THE SISTER41 ()F THE IMMACULAI'F. TrIF.ART OF MARY MOTIIF.R ()F C.'IIRl6iT IHM UNITED KINGDOM cost attributed to premises including renL rates: uti lity Costs expended on behdf of the Nuns and related ditecily to achievin&J the Conwt&iaiion's objcctivcs. 4 Management and Administration of the Congregation Cxpenses represenl the balance of expenses after deducting the direct charitable expenses and direct fundraising eXnseS. if any. in the riod. 5 This is the sum of restricied funds and investsnents made to-date 6 This is the sum of bank balances and cash in hand at year end. 7 Funds This is representrd as follows for the year under review Unrestricted Liquid funds 134,802 Restricied funds 378 389 Carried Forward io 01104r2024 513.191 10