REGISTERED CHARITY NUMBER: 1154970
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023
FOR
The Missionary Sisters for Polish Migrants
MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ
The Missionary Sisters for Polish Migrants
CONTENTS OF THE FINANCIAL STATEMENTS for the Period 1 April 2023 to 31 December 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 7 |
| Detailed Statement of Financial Activities | 8 |
The Missionary Sisters for Polish Migrants
REPORT OF THE TRUSTEES
for the Period 1 April 2023 to 31 December 2023
The trustees present their report with the financial statements of the charity for the period 1 April 2023 to 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The advancement of the roman catholic religion for the benefit of the public through the holding of prayer meetings, public celebration of religious festivals, producing and/or distributing literature to enlighten others about the Roman Catholic religion. The relief of poverty and sickness by such means as the trustees may determine The advancement
of education in polish culture and tradition.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1154970
Principal address
180 Walm Lane LONDON NW2 3AX
Trustees
Sister K Wojtarowicz Sister N Gongola (resigned 1.4.23) M Plociennik Sr M A Kuziak Sr T Czyzak Sr K Kosidlowska Sr H Kozak Sr J Zmudzka Sr A b Wszolek (appointed 1.4.23)
Independent Examiner
Mark Byron Blackwell MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ
Approved by order of the board of trustees on 13 June 2024 and signed on its behalf by:
Sr M A Kuziak - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MISSIONARY SISTERS FOR POLISH MIGRANTS
Independent examiner's report to the trustees of The Missionary Sisters for Polish Migrants
I report to the charity trustees on my examination of the accounts of The Missionary Sisters for Polish Migrants (the Trust) for the period 1 April 2023 to 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mark Byron Blackwell
MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ
13 June 2024
Page 2
The Missionary Sisters for Polish Migrants
STATEMENT OF FINANCIAL ACTIVITIES for the Period 1 April 2023 to 31 December 2023
| Period | |||
|---|---|---|---|
| 1.4.23 | |||
| to | Year Ended | ||
| 31.12.23 | 31.3.23 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 162,260 | 104,951 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| General | 152,074 | 107,583 | |
| NET INCOME/(EXPENDITURE) | 10,186 | (2,632) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 66,638 | 69,270 | |
| TOTAL FUNDS CARRIED FORWARD | 76,824 | 66,638 |
The notes form part of these financial statements
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The Missionary Sisters for Polish Migrants
BALANCE SHEET
31 December 2023
| 31.12.23 | 31.3.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 4 | 50 | 50 |
| CURRENT ASSETS | |||
| Cash at bank | 80,374 | 70,188 | |
| CREDITORS | |||
| Amounts falling due within one year | 5 | (3,600) | (3,600) |
| NET CURRENT ASSETS | 76,774 | 66,588 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 76,824 | 66,638 | |
| NET ASSETS | 76,824 | 66,638 | |
| FUNDS | 6 | ||
| Unrestricted funds | 76,824 | 66,638 | |
| TOTAL FUNDS | 76,824 | 66,638 |
The financial statements were approved by the Board of Trustees and authorised for issue on 13 June 2024 and were signed on its behalf by:
J Zmudzka - Trustee
M A Kuziak - Trustee
The notes form part of these financial statements
Page 4
The Missionary Sisters for Polish Migrants
NOTES TO THE FINANCIAL STATEMENTS for the Period 1 April 2023 to 31 December 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 December 2023 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 December 2023 nor for the year ended 31 March 2023.
3.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|
| Unrestricted | |
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 104,951 |
| EXPENDITURE ON | |
| Charitable activities | |
| General | 107,583 |
| NET INCOME/(EXPENDITURE) | (2,632) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 69,270 |
| TOTAL FUNDS CARRIED FORWARD | 66,638 |
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continued...
The Missionary Sisters for Polish Migrants
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2023 to 31 December 2023
4. TANGIBLE FIXED ASSETS
5.
6.
| COST At 1 April 2023 and 31 December 2023 DEPRECIATION At 1 April 2023 and 31 December 2023 NET BOOK VALUE At 31 December 2023 At 31 March 2023 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
Motor vehicles £ 23,400 23,350 50 50 31.12.23 31.3.23 £ £ 3,600 3,600 Net movement At At 1.4.23 in funds 31.12.23 £ £ £ 66,638 10,186 76,824 66,638 10,186 76,824 Incoming Resources Movement resources expended in funds £ £ £ 162,260 (152,074) 10,186 162,260 (152,074) 10,186 Net movement At At 1.4.22 in funds 31.3.23 £ £ £ 69,270 (2,632) 66,638 69,270 (2,632) 66,638 |
Motor vehicles £ 23,400 23,350 50 50 31.12.23 31.3.23 £ £ 3,600 3,600 Net movement At At 1.4.23 in funds 31.12.23 £ £ £ 66,638 10,186 76,824 66,638 10,186 76,824 Incoming Resources Movement resources expended in funds £ £ £ 162,260 (152,074) 10,186 162,260 (152,074) 10,186 Net movement At At 1.4.22 in funds 31.3.23 £ £ £ 69,270 (2,632) 66,638 69,270 (2,632) 66,638 |
Motor vehicles £ 23,400 23,350 50 50 31.12.23 31.3.23 £ £ 3,600 3,600 Net movement At At 1.4.23 in funds 31.12.23 £ £ £ 66,638 10,186 76,824 66,638 10,186 76,824 Incoming Resources Movement resources expended in funds £ £ £ 162,260 (152,074) 10,186 162,260 (152,074) 10,186 Net movement At At 1.4.22 in funds 31.3.23 £ £ £ 69,270 (2,632) 66,638 69,270 (2,632) 66,638 |
|---|---|---|---|
| 10,186 | |||
| At 31.3.23 £ 66,638 66,638 |
|||
| 66,638 |
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continued...
The Missionary Sisters for Polish Migrants
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2023 to 31 December 2023
6. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 104,951 (107,583) (2,632) 104,951 (107,583) (2,632) |
|---|---|
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31 December 2023.
Page 7
The Missionary Sisters for Polish Migrants
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Period 1 April 2023 to 31 December 2023
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Period 1 April 2023 to 31 December 2023 |
|||
|---|---|---|---|
| Period | |||
| 1.4.23 | |||
| to | Year En | ded | |
| 31.12.23 | 31.3.23 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 162,260 | 104,951 | |
| Total incoming resources | 162,260 | 104,951 | |
| EXPENDITURE | |||
| Charitable activities | |||
| Light and heat | 3,514 | 4,324 | |
| Telephone | 4,524 | 3,357 | |
| Activity and direct costs | 82,237 | 42,154 | |
| Other establishment costs | 22,599 | 19,396 | |
| Motor Expenses | 9,365 | 10,000 | |
| Travel | 8,536 | 11,204 | |
| Charitable Donations | 8,912 | 1,481 | |
| Religious Activities | 8,523 | 11,967 | |
| Other establishment expenses | 260 | 100 | |
| 148,470 | 103,983 | ||
| Support costs | |||
| Finance | |||
| Bank charges | 4 | - | |
| Governance costs | |||
| Auditors' remuneration | 3,600 | 3,600 | |
| Total resources expended | 152,074 | 107,583 | |
| Net income/(expenditure) | 10,186 | (2,632) |
This page does not form part of the statutory financial statements
Page 8