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2020-12-31-accounts

MARIYAN SAINYAM WORLD MISSION

Trustees’ Annual Report for the period from 1/1/2020 to 31/12/2020

Mariyan Sainyam World Mission is a charity (CIO) registered under the Charities Act 2011 on 9 November 2017 [Registration Number 1175653].

Trustees:

Sijumon Kizhakkedathuprayil Paulose - Chair Rinto Puthupara Kuruvila Mathew Thomas Shaji Edassery Joseph Rensonia Maleppallil Thomas Livi Sebastian Jancy Jacob Jency Thomas

The policy of the Charity is determined by the trustees who meet regularly. The trustees have been fully engaged in overseeing the operational needs of the charity. This is achieved through regular formal and informal meetings. The trustees are appointed by the board of trustees. There are informal procedures for induction and training of new trustees. Trustees are also encouraged to attend external briefings and training courses. The trustees continue to monitor and review major risks which the charity is exposed to and where necessary control and implement systems and procedures to manage those risks.

Objectives

In setting our objectives, and planning our activities, trustees have given careful consideration to Charity Commission's guidelines on public benefit. Main objectives of the Charity:

Activities

During the year, Charity has organised various prayer meetings, Night Vigil, Holy Mass and retreats in pursuance of its objectives of advancement of Catholic Religion. During the year, the charity has provided financial aid of £19,506 (2019: £10,103) to poor people in India and Africa in line with its objective of relief to poverty.

Financial review

The charity's principal funding source is from donations of £20,360 (2019: £12,398).

Reserve policy

It is policy of the charity to maintain unrestricted funds at a level which equates to approximately three months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs.

Reference and Administrative details

Charity’s principal address

6 Mccarney Court Hellesdon Norwich NR6 5GA

Accountants

Xaviers Accountants Limited Chartered Certified Accountants & Registered Auditors Suite 3O, Recycling Lives Centre 1A Essex Street, Preston Lancashire, PR1 1QE

Bankers

Barclays Bank UK Plc 1 Churchill Place, London, E14 5HP

The trustees' annual report was approved and signed on behalf of the board of trustees by:

Sijumon Kizhakkedathuprayil Paulose Trustee / Chair Date: 28/10/2021

N Charity Name Charity Name Charity Name Charity Name Charity Name No(if any) No(if any) CC16a
MARIYAN SAINYAM WORLD MISSION 1175653
Receipts andpayments accounts
For the period
from
Period start date To Period end date
01/01/2020 31/12/2020
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest
£
to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations received 20,360 - - 20,360 12,398
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income
for AR)
20,360 - - 20,360 12,398
A2 Asset and investment
sales, (see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 20,360 - - 20,360 12,398
A3 Payments
Financial aid to the poor 19,506 - - 19,506 10,103
Support costs 1,170 - - 1,170 1,251
Professional fees - - - - 150
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Sub total ** 20,676 - - 20,676 11,504
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
**Sub total ** - - - - -
Total payments 20,676 - - 20,676 11,504
et of receipts/(payments) (316) - -
(316)
894
A5 Transfers between fund - - - - -
A6 Cash funds lastyear en ~~d~~ 1,559 - - 1,559 665
Cash funds thisyear end 1,243 - - 1,243 1,559

Section B Statement of assets and liabilities at the end of the period

Categories Details Details Details Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds Barclays bank balance 1,243 - -
- - -
- - -
Total cash funds 1,243 -
OK
-
(agree balances w ith receipts and payments
account(s))
OK OK
Unrestricted
funds
Restricted
funds
Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary
assets
- - -
- - -
- - -
- - -
- - -
- - -
Cost (optional)
Details Fund to which
asset belongs
Current value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
B4 Assets retained for
the charity’s own use
- -
- -
- -
- -
- -
- -
- -
- -
- -
Amount due
(optional)
Details Fund to which
liability relates
When due
(optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees
on behalf of all the trustees
Signature Print Name Date of
approval
SIJUMON KIZHAKKEDATHUPRAYIL
PAULOSE
28/10/2021