Franciscan Servants of Mary Trust Directors’ report (incorporating the Trustees’ annual report) For the year ended 31 October 2021
The trustees, who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the financial statements for the year ended 31 October 2021
Full name Franciscan Servants of Mary Trust Resisted charity number 1150400 Registered Company number 07422636
Principal address
2 Commerell Street London United Kingdom SE10 0EA
Directors (Trustees)
Reethamma Paul Anne Joseph Le Bellec Leela Philip Saleth Shalini Siluvaimuthu Colette Leconte Mary Selvaraj
Governance and management
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 10[th] October 2012 and most recently amended 8 January 2013. It has no share capital and the liability of each member in the event of winding-up is limited to £1.
In accordance with the Articles, the Trustees are appointed by the Superior General of the Institute of the Franciscan Servants of Mary in France.
Aims and Objectives
*The relief of individuals in need by reason of youth, age, ill health, disability, financial hardship, social exclusion or other disadvantage. In particular but not limited of domestic workers in need in London.
*The advancement of the Roman Catholic religion.
*The advancement of the education in accordance with the principles of the Roman Catholic faith.
Franciscan Servants of Mary Trust
Directors’ report (continued)
For the year ended 31 October 2021
Summary of the main activities undertaken for the public benefit
At our registered office:
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The member of the FSM Trust render the services in Brent and in Greenwich.
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The Trustees provide a range of advice and service to the migrant domestic workers at the centre and over the telephone.
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Personal care and attention is given to the senior citizens who need support.
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Taking care of the sick domestics and accompanying them to the hospitals.
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Free accommodation to the domestic workers who are thrown out of jobs.
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We also welcome women referred by KALAYAAN and J4DWs.
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Weekend accommodation and get-together for the women employed as full time house keepers and nannies.
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We organize get-together and common celebrations during Christmas, New Year, birthdays of the domestic workers and at other bank holidays.
Voluntary service at KALAYAAN and J4DW:
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❖ We hold informal support sessions on Sundays and Mondays, helping people to socialize.
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❖ Accompaniment of the women to different appointments such as Embassies, police station, Home Office and GP.
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❖ We give our service as interpreters.
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❖ Moral support to the women who are emotionally disturbed and depressed.
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❖ Support “Justice for the migrant domestic workers” in all their campaign and other learning activities.
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❖ We contact the employers whenever needed in support of the domestic workers.
Religious activities: services in Brent and in Greenwich. The members of the FSM Trust render the
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Weekly religious instructions to the children and young adults.
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Regular visit to the sick in their homes and in the hospitals.
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Moral support and care to the aged and lonely.
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Up keep of the daily parish activities.
The charity’s policy on reserves
The charity has no specific policy with regard to the level of reserves.
Exemptions: The Trustees have taken advantage of the exemptions available to small companies, including the audit exemption (see statement on balance sheet).
Franciscan Servants of Mary Trust Directors’ report (continued) For the Year ended 31 October 2021
Responsibilities of the Trustees
Company law requires the trustees to prepare financial statements for each financial years, which give a true and fair view of the state of affairs of the charity at the end of the year and of the surplus or deficiency for the year then ended.
In preparing those financial statements, the trustees are required to: select suitable accounting policies, as described on page 9, and then apply them on a consistent basis, making judgements and estimates that are prudent and reasonable. The members of the Committees must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity, and enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
Small Company Provisions :
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 1006.
Signed on behalf of the charity’s trustees:
Signed ---------
Dated------01-11-2021-----------
Leela PHILIP
Franciscan Servants of Mary Trust Balance Sheet For the Year ended 31 October 2021
2021 2020 Fixed assets: 0 0 Current assets: 18,835.00 20,951.00 Cash at bank and at hand: 18,835.00 20,951.00 Liabilities/ Creditors: 0 0 Total funds: 18,835.00 20,951.00
Audit exemption statement
For the year ending 31[st] October 2018, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director’s responsibilities.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities 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 companies’ regime and with the financial Reporting standard for smaller entities (effective April 2008)
The trustees declare that they have approved the accounts above.
Signed----------------------Dated-----01-11-2021 -------
Leela PHILIP
Franciscan Servants of Mary Trust
Notes to the accounts For the Year ended 31 October 2021
1. Accounting policies.
Basis of the preparation of the accounts
These financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities – Statement of Recommended Practice (SORP revised 2005), the Financial Reporting Standard for Smaller Entities (effective April 2008) and the provisions applicable to companies subject to the small companies regime under the Companies Act 2006.
Incoming resources
All material incoming resources have been included on a receivable basis – i.e. they are included if the date receivable falls within the period covered by these accounts.
Resources expended
These have been analysed using a natural classification.
2. Trustees’ remuneration, benefits and expenses
During this period, a total of £680 was paid to 4 trustees as subsistence in accordance with clause 4.4.8of the company’s Articles of Association.
3. Related party transactions
There was no related party transaction during this period,
| Incoming Resources |
Wembly | Green wich |
Friends | w/B | Total |
|---|---|---|---|---|---|
| Nov-20 | 2,000 | 20 | 1,000 | 3,020 | |
| Dec | 1,650 | 20 | 500 | 2,170 | |
| Jan-21 | 20 | 500 | 520 | ||
| Feb | 5,300 | 520 | 1000 | 6,820 | |
| March | 20 | 500 | 520 | ||
| April | 4950 | 20 | 800 | 5,770 | |
| May | 20 | 800 | 820 | ||
| June | 20 | 1000 | 1,020 | ||
| July | 4950 | 20 | 1500 | 6,470 | |
| August | 20 | 1,300 | 1,320 | ||
| Sep | 1650 | 20 | 2100 | 3,770 | |
| Oct | 20 | 20 | |||
| Total | 18,500 | 2,000 | 740 | 11,000 | 32,240 |
| Toal Receipt | 32,240 | ||||
| W/B | 11,000 | ||||
| Received | 21,240 |
| Nov. 20 | Dec. | Jan | Feb | March | April | May | June | July | August | Sep | Oct-21 | Total | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grants&Donations | ||||||||||||||
| Bank | 2020 | 1670 | 20 | 5820 | 20 | 4970 | 20 | 20 | 4970 | 20 | 1670 | 20 | 21240 | |
| Cash | 1000 | 500 | 500 | 1000 | 500 | 800 | 800 | 1000 | 1500 | 1300 | 2100 | 11000 | ||
| Total | 3020 | 2170 | 520 | 6820 | 520 | 5770 | 820 | 1020 | 6470 | 1320 | 3770 | 20 | 32240 | |
| Expenditure | ||||||||||||||
| Withdrawals | 1000 | 500 | 500 | 1000 | 500 | 800 | 800 | 1000 | 1500 | 1300 | 2100 | 11000 | ||
| Rent&Roomhire | 600 | 1200 | 1200 | 1200 | 600 | 600 | 600 | 600 | 600 | 7200 | ||||
| Tel,Post&Internet | 20 | 26.75 | 20 | 20 | 97.5 | 40 | 40 | 28.24 | 25 | 25 | 25 | 25 | 392.49 | |
| Food | 369.44 | 668.93 | 356.46 | 356.09 | 480.65 | 462.46 | 578 | 713.79 | 585.19 | 458.88 | 608.2 | 477.94 | 6116.03 | |
| Maint.House | 75.19 | 19.5 | 39.57 | 45.2 | 13.93 | 46.31 | 46.9 | 36 | 60.5 | 50.1 | 81.95 | 19.49 | 534.64 | |
| Maint.Sisters | 245.8 | 270 | 90 | 154.97 | 133.44 | 431.86 | 123.5 | 194 | 148.85 | 132 | 103.35 | 122.5 | 2150.27 | |
| Travel | 59.8 | 19.8 | 20 | 10 | 68 | 69.2 | 80 | 358.9 | 895 | 105 | 75 | 200 | 1960.7 | |
| Miceellaneous | 12.49 | 310 | 34.92 | 84.16 | 3.7 | 17 | 76.13 | 176 | 20.19 | 20.25 | 78.1 | 832.94 | ||
| Visa&Passport | 536 | 370 | 2601.23 | 3507.23 | ||||||||||
| Administration | 13 | 150 | 21 | 184 | ||||||||||
| Medicine | 359 | 119 | 478 | |||||||||||
| Total | 2382.72 | 1827.98 | 2260.95 | 2870.42 | 1297.22 | 3066.83 | 2204.4 | 3007.06 | 4719.54 | 2960.17 | 6235.98 | 1523.03 | 34356.3 | |
| Bank | 1750.3 | 897.67 | 1700 | 2200 | 622.77 | 2196.49 | 1450.15 | 2017.67 | 3365.5 | 2194 | 4471.78 | 825.6 | 23691.93 | |
| Cash | 632.42 | 930.31 | 560.95 | 670.42 | 674.45 | 870.34 | 754.25 | 989.39 | 1354.04 | 766.17 | 1764.2 | 697.43 | 10664.37 | |
| Total | 2382.72 | 1827.98 | 2260.95 | 2870.42 | 1297.22 | 3066.83 | 2204.4 | 3007.06 | 4719.54 | 2960.17 | 6235.98 | 1523.03 | 34356.3 | |
| Balance brought forward | Received | Total | Expenditure | ClosingBalance | ||||||||||
| Bank | 20755.23 | 21240 | 41995.23 | 23691.93 | 18303.3 | |||||||||
| Cash | 195.89 | 11000 | 11195.89 | 10664.37 | 531.52 |
| Expenditure | Expenditure | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Withdrawals | 1000 | 500 | 500 | 1000 | 500 | 800 | 800 | 1000 | 1500 | 1300 | 2100 | 11000 | ||
| Rent&Roomhire | 600 | 1200 | 1200 | 1200 | 600 | 600 | 600 | 600 | 600 | 7200 | ||||
| Tel,Post&Internet | 20 | 26.75 | 20 | 20 | 97.5 | 40 | 40 | 28.24 | 25 | 25 | 25 | 25 | 392.49 | |
| Food | 369.44 | 668.93 | 356.46 | 356.09 | 480.65 | 462.46 | 578 | 713.79 | 585.19 | 458.88 | 608.2 | 477.94 | 6116.03 | |
| Maint.House | 75.19 | 19.5 | 39.57 | 45.2 | 13.93 | 46.31 | 46.9 | 36 | 60.5 | 50.1 | 81.95 | 19.49 | 534.64 | |
| Maint.Sisters | 245.8 | 270 | 90 | 154.97 | 133.44 | 431.86 | 123.5 | 194 | 148.85 | 132 | 103.35 | 122.5 | 2150.27 | |
| Travel | 59.8 | 19.8 | 20 | 10 | 68 | 69.2 | 80 | 358.9 | 895 | 105 | 75 | 200 | 1960.7 | |
| Miceellaneous | 12.49 | 310 | 34.92 | 84.16 | 3.7 | 17 | 76.13 | 176 | 20.19 | 20.25 | 78.1 | 832.94 | ||
| Visa&Passport | 536 | 370 | 2601.23 | 3507.23 | ||||||||||
| Administration | 13 | 150 | 21 | 184 | ||||||||||
| Medicine | 359 | 119 | 478 | |||||||||||
| Total | 2382.72 | 1827.98 | 2260.95 | 2870.42 | 1297.22 | 3066.83 | 2204.4 | 3007.06 | 4719.54 | 2960.17 | 6235.98 | 1523.03 | 34356.3 |
Franciscan Servants of Mary Trust
Statements of Financial Activities Incorporating the Income and Expenditure Account
For the year ended 31[st] October 2021
| Incoming Resources | 2021 | 2021 | 2020 |
|---|---|---|---|
| Unrestricted funds |
Total funds | Total funds | |
| Grants and donations Bank Cash |
21,240.00 11,000.00 |
21,240.00 11,000.00 |
27,149.25 15,900.00 |
| Total Incoming resources | 32,240.00 | 32,240.00 | 43,049.25 |
| Resources Expended | |||
| Rent and room hire | 7,200.00 | 7,200.00 | 7,200.00 |
| Telephone, Internet and Postage | 392.49 | 392.49 | 368.09 |
| Food | 6,116.03 | 6,116.03 | 4,656.95 |
| Maintenance House | 534.64 | 534.64 | 342.07 |
| Maintenance Inmates | 2,150.27 | 2,150.27 | 1,581.14 |
| Travel | 1,960.70 | 1,960.70 | 3,261.82 |
| Miscellaneous | 832.94 | 832.94 | 4,717.41 |
| Visa and Passport | 3,507.23 | 3,507.23 | 1,699.65 |
| Legal Fees | 184.00 | 184.00 | 0.00 |
| Medicine | 478.00 | 478.00 | 0.00 |
| Total Resources Expended | 23,356.30 | 23,356.30 | 23,827.00 |
| Net Income before transfer | -2,116.30 | -2,116.30 | 3,822.00 |
| Total funds brought forward | 20,951.12 | 20,951.12 | 17,129.00 |
| Total funds carried forward | 18,834.82 | 18,834.82 | 20,951.00 |