## **Annual Report of Society of Catholic Medical Missionaries CIO (1198971) for the year ended 30 June 2023** Society of Catholic Medical Missionaries CIO, is registered with the Charity Commission for England and Wales on 16 May 2022 under the number 1198971. The trustees submit their first annual report and the accounts for the year ended 30 June 2023. In preparing this report, the Trustees have complied with Charities Act 2011, the Accounting and Reporting by Charities, the Statement of Recommended Practice SORP 2019, and the Constitution and principles of the Society of Catholic Medical Missionaries also known as Medical Mission Sisters. ## **Reference And Administration Information** Society of Catholic Medical Missionaries CIO, is registered with the Charity Commission for England and Wales on 16 May 2022 under number 1198971, is a new entity of the merging 2 existing charities: The Society of Catholic Medical Missionaries Central Fund (SCMM CF), Registration No.10725540, and the Society of Catholic Medical Missionaries (SCMM), Registration No. 232742. The present Trustees are: Agnes Lanfermann, Society Coordinator, Chair (appointed 13 November 2022) Rowena Miranda, member of the General Assembly, Secretary (appointed 13 November 2022) and Rose Cherian Vachaparampil, Treasurer (appointed on 11 November 2023) Principle Office: 41 Chatsworth Gardens Acton, London, W3 9LP England, United Kingdom |Telephone:|020 8992 6444| |---|---| |Fax:|020 8896 2397| |e-mail|Generalate@medicalmissionsisters.org.uk| |Auditors:|
Kingston Smith LLP| ||Middlesex House| ||800 Uxbridge Road| ||Hayes| ||Middlesex| ||UB4 0RS| |Solicitors|Stone King LLP| ||Boundary House, 91 Charterhouse St, Barbican,| ||London EC1M 6HR| |Bankers|The Cooperative Bank| ||14 New Broadway| ||Ealing| ||London W5 2XL| ## **Structure, Governance and Management** The Society of Catholic Medical Missionaries SCMM, (also known as Medical Mission Sisters) was founded in 1925 by Dr. Anna Dengel in Washington DC, United States of America. It is an international, apostolic, religious order in the Roman Catholic Church **The Trustees:** CIO has three (3) trustees. They are: - The Society Coordinator automatically, ex-officio, be the chair, as long as she holds the office. She is elected by the General Chapter of the order for a term of six years according to the constitution of the Society. She serves by inspiring, coordinating, and leading the Society as it carries out its mission in five continents. - Other two trustees are appointed by resolution in writing by the Society coordinator. - A member of the Society Coordinator’s Council is appointed as the Secretary to the Board of Trustees by the General Assembly (GA). - The General Treasurer is appointed by the General Assembly, ordinarily for six years. She is responsible for the management of the financial assets of the Society, assisted by a finance officer. At the beginning of their term, new trustees receive a detailed induction to their trustee duties and other significant aspects of the charity’s operations. In the interest of keeping abreast with changing regulations and new developments, the trustees regularly review guidance and updates issued by the Charity Commission and other bodies, as well as attending online webinars and charity conferences. The Charity Commission for England and Wales authorised the transfer of assets and liabilities and the granting of an indemnity under section 105 of the charities Act 20111 dated September 2022 for the charities known as "The Society of Catholic Medical Missionaries - Central Fund" (registered charity number: 1072554) and Society of Catholic Medical Missionaries CIO (91198971) The Society of Catholic Medical Missionaries - Central Fund, (registered charity number: 1072554) will donate its the property, rights, privileges and undertaking, and discharge its liabilities to Society of Catholic Medical Missionaries CIO ( 91198971). The Society of Catholic Medical Missionaries ( registered charity number 232742) will donate its property, rights, privileges and undertaking, and discharge its liabilities to Society of Catholic Medical Missionaries CIO ( 91198971). Transferring of investment from one of the above charities is just begun. The process is being continued. We hope to complete the process in the coming months. ## **Policies** The Society’s Safeguarding Policies and Procedures, Data protection policy Ethical Fundraising Policy, the Code of Fundraising Practice, ensure best practices as a Charity. Special attention has been given to cyber security risks and the prevention of online fraud. Investment Committee make sure that the investments are made according to ethical guidelines developed by the charity. The first risk assessment enabled the charity to identify potential risks and to charter steps to mitigate them. ## **Objectives and Activities** In planning and carrying out the activities of the charity, the Trustees have had regard to the Charity Commission’s guidance on Public Benefit (Charities and Public Benefit section 4). The object of the charity as described in the Trust Deed is: “for such charitable purposes which advance the religious and other charitable works for the time being carried out by or under the direction of the Society as the Trustees with the approval of the Society Co-ordinator shall from time to time think fit, to include (but not limited to) those which promote, protect or preserve health.” Its purpose is the support of the worldwide charitable work of the Society as a religious order. The Charity, at the service of sustaining the life and mission in the worldwide Society, promotes effective responses to changing needs for health and wellbeing among disadvantaged people and encourages interaction and skill sharing between the units. It also ensures the needed support for the training of new members as well as supporting the well-being of its aging members worldwide. ## **Activities** Trustees and volunteers are heavily engaged in the process of completion of transferring funds, fulfilling other legal requirements: preparation for charities to register as an employer with HMRC and Pension Regulator, obtaining Tax Code for the charity, planning insurance coverage and making plans to launch active fundraising. ## **Review of the Transactions and Financial Position of the Charity** The Charity’s total incoming resources received in the form of donation from SCMM-CF and investment of the fund for the financial year amounted to £ 19,062 and there was no expenditure for the year. ## **Reserves policy** The trustees reviewed the Charity’s need for reserves in line with the guidelines issued by the Charity Commissioner. The trustees are of the opinion that reserves should provide sufficient flexibility to cover temporary shortfalls in income to cope with and to respond to unforeseen emergencies. The Trustees will regularly review the reserves policy. The Charity’s balance sheet shows total assets of £ 19,062. ## **Key Management Remuneration** Key management, who are the charity's trustees, give their time freely and no remuneration was paid to Trustees in the year. ## **Statement of Trustees’ Responsibilities** The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice.) The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. Approved by the Trustees Sr. Agnes Lanfermann Date: 7 March 2024 Chair Sr. Rose Cherian Vachaparampil Date: 7 March 2024 General Treasurer ||**Society of Catholic Medic**|**Society of Catholic Medic**|**Society of Catholic Medic**|**Society of Catholic Medic**|
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**0**| |---|---|---|---|---|---| ||**Registered Charity 1198**||||| ||**Analysis of receipts and**||||| ||||||| ||**Financial Year: 16 May 2**||||| ||||||| |**Income**
|**Unrestricted**|||**Designated**|| ||||||| |**Receipts fromgenerated funds**|||||| |FundraisingDonations|||||| |**Sub-totals**|||||| ||||||| |**Voluntary income**|||||| |Donation from SCMM Central Fund|||19,043|0|| ||||||| |**Voluntary Income Sub- totals**|||**19,043**|**0**|| ||||||| |**Investment Income**|||||| |Interest Income|||19||| |Unrealised Gain on Investments|||||| |Investment Dividend|||||| |**investment Income Sub-Totals**|||**19**|**0**|| ||||||| |**Receipts from Generated Funds Total**|||**19,062**|**0**|| ||||||| |**Other Income**|||0|0|| ||||||| |**Receipts Grand Total**||**19,062**||**0**|| ||||||| ||||||| |**Expenses**|||||| ||||||| |**Cost of Generating Funds**|||||| |FundraisingExpenses|||||| |**Cost of Generating Funds Sub-total**|||||| ||||||| |**Investment Management Costs**|||||| |Unrealised Loss|||||| |**Investment Management Costs Sub-totals**|||||| ||||||| |**Cost of Generating Funds Totals**||**-**||**-**|| ||||||| |**Charitable Activitivities**|||||| ||||||| ||||||| |**Charitable Activities Sub-totals**||**-**||**-**|| ||||||| |**Governance**||| |---|---|---| |Legal &professional||| |AccountingFees||| |**Governance Costs Totals**||| |||| |**Payments Grand totals**|**-**|**-**| |||| |**Surplus/Defcit**|**19,062**|**-**| |||| |||| |**Reconciliation of Funds:**|**General**
**Fund**|**Designated**
**Funds**| |OpeningFund Balance 16 May2022|-|| |Surplus/Defcit of theyear|19,062|| |**Ending Balance as of 30 June 2023**|**19,062**|**-**| **cal Missionaries CIO 971) payments** |**cal Missionaries CIO**|**cal Missionaries CIO**|**cal Missionaries CIO**|**cal Missionaries CIO**| |---|---|---|---| |**971)**|||| |**payments**|||| ||||| |**022 - 30June 2023**|||| ||||| |**Restricted**|**Total**||| ||||| ||||| ||||| ||||| ||||| ||||| |0|||19,043| ||||| |**0**|||**19,043**| ||||| ||||| ||||**19**| ||||| ||||| |**0**|||**19**| ||||**19**| |**0**|||**19,062**| ||||| |0|||0| ||||| |**0**||**19,062**|| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| |||**-**|| ||||| ||||| ||||| ||||| |**-**||**-**|| ||||| **- 19,062 Restricted Funds** **-**