MARIYAN SAINYAM WORLD MISSION
Trustees’ Annual Report for the period from 1/1/2022 to 31/12/2022
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
Jency Thomas (Appointed on 20 May 2023)
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:
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1) The advancement of catholic religion, mainly but not limited to, by conducting religious conventions, prayer meetings, holly mass and other religious activities for the benefit of the public, in the language of Malayalam and English and other languages as the trustees may seem fit from time to time, in the United Kingdom or in any other country as the trustee may decide from time to time.
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2) Spreading gospel by means of preaching and broadcasting or publication of religious t v programmes, videos, printed materials such as religious books, prayer books, magazines, newspapers and other publications in all forms of media as the trustees seems fit from time to time, anywhere in the world but mainly in the United Kingdom.
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3) The relief of poverty or financial hardship anywhere in the world by providing financial aid or donations to the poor and needy either directly by the charity or through other charities or institutions engaged in activities that are intended to prevent poverty or provide relief to the poor and needy.
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4) Provide financial assistance to charities and religious organisations engaged in the advancement of catholic religion or prevention of poverty or relief to the poor anywhere in the world.
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 £14,824 (2021: £16,715) to poor people in India and Africa in line with its objective of relief to poverty. Marian Vibes is also an initiative of Mariyan Sainyam World Mission, to make use of the modern media as a means of new evangelization. This ministry is totally at the service of the Church. It seeks to uphold justice without prejudice and defend fearlessly the Catholic position in the new media where the Church is under attack from different corners. About 50 voluntary workers are serving in this ministry world wide. Now were able to reach many visitors for the portal.
Financial review
The charity's principal funding source is from donations and related gift aid receipts of £24,347 (2021: £23,761).
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
18 Vicarage Road
Deopham
Wymondham
Norfolk
NR18 9DR
Accountants
Xaviers Accountants Limited Chartered Certified Accountants & Registered Auditors Suite 3J, 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: 26 October 2023
| Charity Name | No(if any) | CC16a | |||||||
| MARIYAN SAINYAM WORLD MISSION | 1175653 | ||||||||
| Receipts andpayments accounts | |||||||||
| For the period from |
Period start date | To | Period end date | ||||||
| 01/01/2022 | 31/12/2022 | ||||||||
| 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 | 20,198 | - | - | 20,198 | 19,525 | ||||
| Gift aid receipts | 4,149 | - | - | 4,149 | 4,235 | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) |
24,347 | - | - | 24,347 | 23,761 | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| Sub total | - | - | - | - | - | ||||
| Total receipts | 24,347 | - | - | 24,347 | 23,761 | ||||
| A3 Payments | |||||||||
| Financial aid to the poor | 14,824 | - | - | 14,824 | 16,715 | ||||
| Marian vibes media expenses | 6,167 | - | - | 6,167 | 5,754 | ||||
| Support costs | 3,439 | - | - | 3,439 | 2,148 | ||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 24,430 | - | - | 24,430 | 24,616 | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | ||||||
| **Sub total ** | - | - | - | - | - | ||||
| Totalpayments | 24,430 | - | - | 24,430 | 24,616 | ||||
| Net of receipts/(payments) | -83 | - | - | -83 | - 856 | ||||
| A5 Transfers between funds | - | - | - | - | - | ||||
| A6 Cash funds lastyear end | 387 | - | - | 387 | 1,243 | ||||
| Cash funds thisyear end | 304 | - | - | 304 | 387 | ||||
Section B Statement of assets and liabilities at the end of the period
| Categories | Details | Details | Details | Unrestricted funds |
Restricted funds |
Endowment funds |
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|---|---|---|---|---|---|---|---|---|---|
| to nearest £ | to nearest £ | to nearest £ | |||||||
| B1 Cash funds | Barclays bank balance | 304 | - | - | |||||
| - | - | - | |||||||
| - | - | - | |||||||
| Total cash funds | 304 | - | - | ||||||
| (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 | - | - | - | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
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| B3 Investment assets | - | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
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| B4 Assets retained for the charity’s own use |
- | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
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| B5 Liabilities | - | ||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval |
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| SIJUMON KIZHAKKEDATHUPRAYIL PAULOSE |
26/10/2023 | ||||||||