2023-12-31-accounts - Mariyan Sainyam World Mission

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CHARITY REGISTRATION NUMBER: 1175653

Mariyan Sainyam World Mission Receipts and payments accounts For the year ended 31 December 2023

XAVIERS ACCOUNTANTS LIMITED

Chartered Certified Accountants Suite 3J Recycling Lives Centre 1A Essex Street Preston PR1 1QE

Mariyan Sainyam World Mission

Financial Statements

Year ended 31 December 2023

	Page
Trustees' annual report	1
Independent examiner's report to the trustees	3
Receipts and payments accounts	4

MARIYAN SAINYAM WORLD MISSION

Trustees’ Annual Report for the period from 1/1/2023 to 31/12/2023

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:

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.
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.
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.
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 £17,578 (2022: £14,824) 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 worldwide. Now were able to reach many visitors for the portal. We raised fund for Africa and provided to promote basic education for poor children, borewell for drinking water and for clothes, food and accessories as well.

Financial review

The charity's principal funding source is from donations and related gift aid receipts of £31,508 (2022: £24,374).

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

Independent Examiner

Mijos Xavier

Address: 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: 31 October 2024

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Charity Name Mariyan Sainyam World Vision	Charity Name Mariyan Sainyam World Vision	Charity Name Mariyan Sainyam World Vision

31 December 2023	Charity no	1175653

4-5 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2023.

Responsibilities and basis of As the charity trustees of the Trust, you are responsible for the preparation of the report 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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have come to examiner's statement my attention in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 31/10/2024 Name: Mijos Xavier Relevant professional ACCA qualification(s) or body (if any): Xaviers Accountants Limited Chartered Certified Accountants Address: Suite 3J, Recycling Lives Centre 1A Essex Street, Preston PR1 1QE


Charity Name			No (ifany)	CC16a
MARIYAN SAINYAM WORLD MISSION			1175653
Receipts andpayments accounts
For the period from	Period start date	To	Period end date
	01/01/2023		31/12/2023

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	30,718	-	-	30,718	20,198
Gift aid receipts	790	-	-	790	4,149
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	31,508	-	-	31,508	24,347

A2 Asset and investment sales, (see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-

*Total receipts*	31,508	-	-	31,508	24,347

A3 Payments
Financial aid to the poor	17,572	-	-	17,572	14,824
Marian vibes media expenses	7,221	-	-	7,221	6,167
Support costs	4,671	-	-	4,671	3,439
	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	29,464	-	-	29,464	24,430

A4 Asset and investment purchases, (see table)
	-	-	-	-
	-	-	-	-
**Sub total **	-	-	-	-	-

*Totalpayments*	29,464	-	-	29,464	24,430

*Net of receipts/(payments)*	2,044	-	-	2,044	- 83
A5 Transfers between funds	-	-	-	-	-
A6 Cash funds lastyear end	304	-	-	304	387
*Cash funds thisyear end*	2,348	-	-	2,348	304

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

Categories	Details	Unrestricted funds	Restricted funds	Endowment funds
		to nearest £	to nearest £	to nearest £
B1 Cash funds	Barclays bank balance	2,348	-	-
		-	-	-
		-	-	-
	*Total cash funds*	2,348	-	-
	(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)
B3 Investment assets			-	-
			-	-
			-	-
			-	-
			-	-

	Details	Fund to which asset belongs	Cost (optional)	Current value (optional)
B4 Assets retained for the charity’s own use			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-

	Details	Fund to which liability relates	Amount due (optional)	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		31/10/2024