FRIENDS OF THE MARIAN FRANCISCANS CHARrrABLE INCORPORATED ORGANISATION (ICO) No 1193159 ANNUAL TRUSTEES REPORT- Jan l- December 31. 2022 General The Charftsble Incorporated Organisation was recognised by the Charity Commlssion on January 20, 2021. Charitsble Objects To advance the Catholic religlon for the public benefit, in partlcular by supporting the community of Marian Franclscan Friars in England and Scotland* by the provlslon of grant fundlng for accommodation, trainingi development and other activities that further the Catholic faith. Note: a request to update the 8eo8raphlc scope of the Charltable Objects to Indude stland has been recentty submltted to the Charlty Comm15s1on Current Trustees Eleanor De Melo- Funding Trustee Carol Turner- Founding Trustee Marco Fasoll - foundlng Trustee Jan 20, 2021 Jan 20, 2021 Jan 20, 2021 Neville McNally- appointed May 2, 2021 Tim O'callaghan - appointed Jun 26, 2022 Flnanclal Overvlew The Trustees are pleased to record that donations and other income grew very significantly during the period to a total of £153,419, up from £29,066 in 2021. Charitable expenditure of £47,910 made Sn the period (up from £5,891 in 2021) represented discretionary contributions to
household expenses of the Marian Franciscans and to f urther their apostolate and missionary outreach in England and Scotland. There was a surplus of income over expenditure of £105,509 at period end, with cash funds at year and was £128,684, up from £23,175 at the end of 2021, earmarked for the provision of securing accommodation for the community and for supporting their rapidly growing apostolate and missionary outreach. The Trustees reviewed and approved the Receipts and Payments Accounts and the Independent Examiner's Report to be submitted to the Charity Commission. The Trustees acknowledge their responsibilities for complying with the requirements of Section 130 of the Charities Act 2011 with respect to accounting records and the preparation of accounts. Events slnce period end The income stream has continued to increase as the Marian Franciscan community and its apostolate has continued to grow, with aspirants and postulants joining from both Britain and overseas. arco Fasoli ustee, signin on behalf of all Trustees October 25, 20
CHARITY COMMISSION FOR ENGLANO ANLI WALES fe>PT+iÉ M fgknJLi£r Receipts and payments accounts CC16a For the period from sili4 Section A Receipts and payments Unrestrlctèd funds to the noath$t R8Stricted tunds Endowm•nt funds Total funds Last year to the near•st £ to th• n6arn$t £ to th noarost £ lo th• ne•r¢$t £ A1 Reeèlpts I¢)£ c)K) ,710 Sub total(Gross income for ARJ 4,411. A2 Assèt and Inv8stm8nt sales, Isee table). Sub total Total rscèlpts OG A3Pa ments 0tr S" hT oA)Ct Sub total A4 Assot and Investment pur¢ha5es. (sèè tablel Sub total Total payments Net of recelpts/(paymenls) A5 Transfers beeen funds A6 Cash fund5 last y8ar end Cash funds this year end 09 sc) CCXX R1 a¢wunts ISSI
Section B Statement of assets and liabilities at the end of the period Unrestrlcted funds Restricted funds to nearvst £ Endowment funds to ngarff¥t£ Catègorles Details to nearest£ 81 Cash funds Total cash funtls balances wlih re¢olpl8 And 1MentS accoun Unrestricted funds to noarost £ R8Stricted fvnds to n¢Arfrst É Endowmènt funds to nearest£ Details B2 Other monetary assets Fund lo whlch ZEBet bolon Colt loptlonal) Currènt valu• Dotalls Furbd to whlch •sset belon D•talls ¢0¥¢ loptlon411 Cumnt valuè B4 Asstrts rotalned for tho charlty's own use IT&qs"f¢ 'p c57 Tn Fund to whlch r*lat•8 ount du• Ylh•n due Dotalls B5 Llabllltles Sign8d by one or two Iwstee$ on behalf of all the Iru51ees Signaturè Print Name Date of roval CCK¥ R2 ac¢tsJnts ISSI
NOTES OF THE INDEPENDENT EXAMINER ON THE ACCOUNTS OF THE FRIENDS OF THE MARIAN FRANCISCANS FOR PERIOD 1 JANUARY TO 31 DECEMBER 2022
Examiner’s Methodology
The Independent Examiner checked all ledger entries against the bank statements and receipts. Background checks were also conducted on the UK Gov Charity Commission Website to confirm the authenticity of the charity.
Examiner’s Observations
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The Charity Commission website indicates that the above charity is not recognised by HMRC for gift aid although it is clear from the documentation provided that the charity has successfully claimed Gift Aid.
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Receipts/supporting documentation could not be found for the following transaction:
| Date | Type | Description | Amount |
|---|---|---|---|
| 19/04/2022 | Debit Card | A Webb & Son | 47.50 |
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The GA summary at row 301 of the Excel workbook which has a cell titled Separate GA claim , appears to include all the Stripe totals except line 283. This value has been added to the cash total. This could impact on the value of Gift Aid claimed and is worth checking.
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The Book Keeper is to be commended for presenting the transactions in a simple and understandable format, which has made the Examiner’s task easy to execute.
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE FRIENDS OF THE MARIAN FRANCISCANS
I have examined the accounts for the period 1 January to 31 December 2022 as submitted by the Treasurer.
I have received satisfactory explanations to my queries and in my opinion the accounts are in accordance with the books of account and represent a true and fair view of the position at the end of the accounting period.
Signature:
Name: Cdr Ian M Crabtree KSG RN (Rtd) Date: 20 October 2023