Society of Catholic Medical Missionaries CIO Annual Report and Financial Statements For the year ended 30 June 2025 Charity Rgjistration .. 1198971 CtrMpans House Registration No.. CE029243
Society of Catholic Medical Missionaries CIO Annual Report of Society of Catholic Medical Missionaries CIO (1198971) for the year ended 30 June 2025 Society of Catholic Medical missionari cio rcio") is registered with the Charity Commission for England and Wales on 16 May 2022 under the number 1198971. The CIO 18 also registered as a Charilabb Incorporated Organisation with compan House underthe number CE029243. The Trustèe$ present their third annual r8POrt togethèr with the 8udrted finar41 Statements for the year ended 30 June 2025. In preparing this report, the Trustees havè complied with Charities Act 2011, the Accounting and Reporting by Charities, the Statement of R8ctsmmended Practice SORP 2019, and th6 ConslilutK)n and principl88 of the Sctiety of cathol Medical MIss)narieS also known as Medical MM8KJn Si818rs. Rgferenc& andAdminislralion Infom7alion Society of Catholic Medical Missionaries CIO is a relatively nèw entity of the rnerging tsvo existing Charilie5'. The Society of cathol Medical Missitinaries- Central Fund {SCMM CF), Regislr81ion No.1072554, and the s[letY ol Catholic Médieal Missionaries ISCMMI. Registralion No. 232742. The present Trustees 8re'. Agnes Lanfèrm8nn, Society Coordinator. Chair18ppointed 13 Nov8mb8r 20221.. Rowèna Mironda, member of the Genoral Asgembly. Secretsry {appoint84 13 November 20221-, 8elayne8h Abera, Member of General Assembty {appoinled on 12 November 20251,. and Rowena Pineda, Member of General Assémbly (appointed on 12 Novemb8r 202SI Pdn¢lp41 Office.. 41 ChatBworth Garden• Acton. London, W3 9LP Telephone.. Fa¥". Email.. 020 8992 6444 020 8896 2397 Auditor8'. oore King8lon Smith LLP The Shipping Building The Old Vinyl Factory Blyth Road Hayes Lond¢)n U83 1HA Solicilor8'. Stone Klng LLP Boundary House, 91 Charterhouse SL Barbican, LorKlon EC1M 6HR Bankers.. The Cooperative Bank 14 New 8roathay Ealing London W5 2XL
Society of Catholic Medical Missionaries CIO Annual Report of Society of Catholic Medical Missionaries CIO (1198971) for the year ended 30 June 2025 {continued> StWctu, Gov6m8nce and Management The Society of cathol Med1 Missionaries ISCMM). also known as Medical MissKin Sffdters. was founded in 1925 by Dr. Anna Dengel in Washington DC. United Statss of America. 11 is an internatK)nal, apK)810lic, rdigious ottler in the Roman cathol Church. Tho Tru8tee$: As mentioned above, tha CIO has four Trustees. The Society Coordinator aLrtomatKalty i8 eX-olThth. the a5 long as She holds the cffic8. She is elected bytha GèMral Chapter ofthg Ord8rfor a lemi ofsix y8ars acccffding lo the Conslilulion of thé Sc£ty. She seryes by inspiring, coordinating, and16ading th8 Society a$ rt carries out its missYJn in fve continenlg. The other threè Tfusl88s ar appointed by resolution in wnting by the Society Coordinatcf. They are membèrs of thè SocK8ty C(thinatorf8 Council until th6ir lem as memb&r8 of that ¢oun¢il ends. The TNslee8 hav8 deleggled lo the MMS Region UK Committe8 a daity managemant ol the MMS RegK*n UK Operatn¥1 D8signated Fund 8nd the MMS Region UK Cara Designated Fund as deteined by the Teffl of Referenc8 adopted on 12 November 2022. Al the beginning oflhèir lerm, the newTrustees rgceiv8d a det8iled induction loth&irTnJstee dLrtles and othèr 8ignifi¢8nt 08pts of the ChariV8 op8r8lh)n$. In the interest of keeping abreast of ¢hanging regulations and new developmanls, the TN$tees regu&ty reviw guidance and updale818sued bythe Charity Cemmission and c4her bOds, as well as attending onlin8 webinars and Charity conl8renc8s. The Charity Commi8$ion for England and Wale8 aulhorised the tran8fer of assets and liabilttb8 nd the granting of an indemnity under section 105 of the Charitiès Aet 2011 dated September 2022 for the Charrties known as 'Th8 Soci8ty of Catholic Medul Missionaries Central Fund" (registed Charity number.. 10725541 and lety of cathol Medul Missionaries CIO 111989711 Thg S¢xiely of Calhollc Medical Missionaries Central Fund, (r8gisl8r8d Charity numb8r 1072554} will donate Its property, nghl$, prwikges and undertakin9, and di8charge its liabllllie8 to the Sttiety of Catholic Medi1 MissionarTr85 CIO (11989711. The Society of Catholic Medical Missionar9 {regi8ler8d Charty number 2327421 has donated most of ils property to the CIO, the rémaining property. rights, privilegeg and undertaking. and discharye its liabilities lo th8 Socty ol Catholic Medul Missionariès CIO111989711 should be Iran¥ferred before 37 December 2025. Translerring investments from one of the above charitios has just begun. The process 18 being continued. Wè hcpe to complete the proce in the eoming fflonths. Poli¢i&s The CIO follows policies regarding Star. Trustees. financrdl conlrals. s8feguardiNJ. risk management etc. Special attention has been given lo cyber seourity risks and the prevontion of online fraud. Th8 yearty risk assessment enabled the Charity lo Identify potential risk and to charter Steps lo mitKJate them. The Charity's intemal financial controls are r8vitrw8d regularty, at least onc8 a ye8r. lo ensure compli8rKe with the legal requirements relevant to the Charity.
Society of Catholic Medical Missionaries CIO Annual Report of Society of Catholic Medical Missionaries CIO (1198971) for the year ended 30 June 2025 (continued) Objeclivos In planning and carrying out the aciNities of the Chanty. t Tnjstees have had f1 to tha Charity Commission's guidarKe on PublK Benefrt (Charitw and Public Benefrt Section 41. Th0 object ofthe Chartyas described inlheTru5tDeed is. forsuch chanÉable puwes which 8dvanc& tho 1lOUS and other chantable woths forlh8 b.me being camod out by orunderthe diwlion of the Society 8S the TnJs¢e6s with th& Spproval ollhg SoCty GrdinatOr sh811 fmm tirne lo tim& thinkfft, to includg fbutnollimit8dlo) Ihos8 whKh prDmot8. pri)tertorpreserve health." Its purpose 18 tha supptrtof the wortdwide charitablè Oft So• as a ralw4u6 oth. The Charity. at the service of sustsining the Ilfe and mi$$K)n in the worfdwide Society, promote$ effectNe r88pon$es to changing need8 for heah and welboing among disathant898d peop and eneourag8s inlernclion and Skill sharing between the Units Igovernmenlal enlilies of the inl8malional Societyl.11 also ensures the ne8ded support forth• training of new members as well as supporting the w8llbeiThJ of rts ageing members worlthwde. Aclivili&s Truslees and 81aff are heavty ongaged in tho proc8M of ¢c¥npl8tlon oftr•n$forrlng funds, fulfilling other legal requirements.. th8 CIO Charity had been registered as an employer wlh HMRC and Penslon Regulalci and Iransf8Tr&S ¥9 pyeeS VB TUPE from SCMM, oblain8d insurance covgrage for the merged a888ts and bVIbes and makiThJ plans to bun¢h activ• fundr8isirvJ. As the CIO Started employing 8taff. the HMRC PAYE Real Time r6POt*ng sofvlarg had been download8d and us8d for rgguL4r data submission 88 required by èrryloyment L9W. After the MMS UK trustees the SCMM CIO Tru51ee5 suned a Grant Agreement for the MMS UK funds. fixed a¥$els and m081 of the other funds were transferred lo the new SCMM CIO. The CIO continued lo provide financial support of tr40 sisters moved into residential care loc818d in Uxbridge and in CaryJTr7. Sisters of our ChBrity visit the sisters living in reyidontial care froqu8nlly and liaise with the ca Horne Staff about our si8ler8' d8Y and bng-tem needs. have also set up LPAS (Lasting Powers of Attonw) for heatth and w811being for all the eklerty si818rs. Slstars eonlinue lo netsth with Juste, Peace, Environmental and Inlèrfailh organisatsons. They do Ic by jolning local and failh-based peace and juslti groups lik8 CAFOD. Pax Christi as well as the Nalitsnal Justice and Peace network and othor national charities. One Sistèr works in a London hospital A&E department al Sl Thoma¥, Hosprtal. She is being commissioned lo develop ground network of other hethe¥s services such as GP See5. day centies with a goal of better coordination and cooperation across the board. Our Sislern got eng8ged In the cooperation with Southall Street Homeless Charity and Sl. Mungo's.. helping to run daily centres providing Icod, ¢k)thing for homele8S, accompanying them lo heatth in8tilulions. legal and immigration offices. Revi¥w of the Transaclions alid Financial PosNtion of the Charity The Charty's total irKomin9 resourc86 rttewed during the year were £2,579,020, th is madg up of donation5 in the anv)unl of£209,693. SIip8nds and benefits of £73,111. 0 transfeT of assets of £2,288,463 from the merger with me81 mi8snarieS UK and the Scciety of Medical Missionaries - Central Fund, and investment income of £7,753. There was also expenditure ol £97,009 during the yéar. of whh care expenses were £27,657. CIO h8s received a transfer of assets from the merger, being kn properties= Clithorow House with thè value of £850.000 and Springfield House with the valuè of £8CM).CK)O from SCMM Oiher fixed assets donated included a secondhand motor vehicle to enable the wort of the sr51er in emergency m8dical woth.
Society of Catholic Medical Missionaries CIO Annual Report of Society of Catholic Medical Missionaries CIO (1198971) for the year ended 30 June 2025 (continued) R&serves policy The Iruslee8 reviewed th8 Charity'8 need for reseTres in line wilh the guidelinès issued by th& Charity Commission. The trustees are of the opinton Ihal re8èrve3 should provide sulllcient lebilIty to cover temporary shorttalls in income to cope with and to respond to unforeseen 6meigenci8s. The Irustses gularlY review the reserves poli. The Charit8 balanc8 Bheet shows total fund5 of £2.813,861. Key niaipagetnenl Reinuneralion Kèy management. who are the Chanty$ Trustees, give their timè fleely and no ramuneration wa8 paid to Trusteès in the year, fvrther details are gNan in note 8.
Society of Catholic Medical Missionaties CIO Annual Report of Socioty of Cat11 Medical Missionaries CIO11198971) for the year ended 30 June 2025 (continued) Slatamenl OfTAtstse R&8pon3ths Tho TfUStee8 •rè P)n81b[fOr w8paring the Tntsi8eg' Report and statemèAts eordance with •p1kab Lqw8 arnj Uoit•Y KirvJ¢&yn kcountiry Slandards (Unrted JQngdom G•n•• Acwled Accounting Prxtr8.1 The18u eppkobkn to th4ritE¥ in Engnd and rwun8 the trwtee8 to prepjrn Inane1 It8Ments lar e8eh yur wwt gNe • INe and of Iho state of atsirB of Ihg Ch•rty th• 11¢MINd and rer¢ of th• Charty for that rfod. In prfjparkng th ffnaKiBI tytatts, th• Tr4tst•os • tr. •de¢t Suitab acojuntg then appty th8mtart.' oba•N• thè m•lld8 PrindP In tho Chwitlfrs SORP., mkgludgwl$ estimotw th&t • f•0[ and 8l•t¢ wholher pAC•b 4cctyJnUno stsndards hw• Ic4hJffd, to ory rn•t•thl d•pgrtuffjs ar%J expkninad in the fiMn¢W •tatoTrnnli, Al11/ntIon So fw ai •¥h of th• Tr[¥tl •t th•tim•th• Trubtw. Report 18 8pyov•d: al Th•re ts no relevant obwt whth thè athYblcTr we Ire,. gnd bl Thoy have taken 418tow Ihty oWt10 hawten to m*e awrA• ol r•knttnt•udtttsrforr arKllo gstsL4oh Ihattho dthlt lrtfom•tion. Approv•d ty th• Truite•J t&rAgn Lagf•mann, Tfust•e, Secknty Coordn8lor Slgtsr Rmna Mirand8 TN$tee. SLT mernber on Flnwc•
Independent Auditors, Report to the Members of Society of Catholic Medical Missionaries CIO Oplnlon We have audited the financial slalement5 of the Scriety of Catholtc Medical Missfvjnaries CIO for the year ended 30 June 2025 whh crnipri8e the Stslement of FInalra1 Activf(ies, the Balance Sheet, the Statement of Cash Flows and notes to the financial slatemenls, indudiTrJ signrficant accounting policEs. The financial reporting fram6wotl( that h88 been aPPld in Ih8ir preparation is applicable Lqw and United Kingdom Accounting Standards. including FRS 102 The Financial Rep)rting Standard ApplKable in the UK and Ireland, (United Kingdtyn Generalty Acceplgd Accounting Prathce) and Chanikes SORP 2019. In our opinion the financial stalemenls.. give a true and fair view of the slate of the chantys affairs as at 30 June 2025 and of ts incorning resources and application Of resources, including its inccrfne and expend(ture, for the year then end8d,' h8ve been prtsy pr•parod in Kcordance wth Unrted Kingdryn Generallyknepled Accounting Practice,. and have been pwpared in accor(lance with the requirements of Ihe charit5 Act 2011. Bas16 for oplnlon We conducted our aud In a¢cordance wrth International Standards on Auditing IUKI IISA8IUK}) and applicable law. Our respon8ibililk88 under those standards arg further described in the Audilorfs Responsibilities for the audit ol financial 81atements seth.on of our r8porL We are independent of the charty In accordance with the elhieal réquirements that are revant lo our audil of the financial statements in the UK, including th& FRC'S Ethical Standard, 8rKI we have fUIlled our other ethul responsibllilieg in sccordanc8 wllh th68e requirements. We believe Ihal the audit evKlen¢e we have ¢)btoinod is Sufficient and appropriate to providg a basis for our c¢ink?n. Conclu8lon relang to golng eoncgm In auditing the financial slalemenls, we have concluded that thè trustees, use of the golng concern basis of accounting in the preparaticn of the financial statements is appropriale. Based on the work we have performed. have nol vjenliffed any material un¢ertginties relating to events or Condilions th81. individually or collectivèly, may cast SnrficanI doubl on the chariils abilty to continue 88 a going concem for o period of at least twefve months from when financial statements arg aulhorised for 188ue, Our respon8ibililie$ end the responsibilit of the Trustees with resp&t to going concem are described in the rdevanl 8eclKJns of this report Other Infomiatlon The other information comprises the infomialion included in th6 annual report. other than the financial slalemenl8 and our aLrdilols report Ihereon. The Iruslees a responsible for the other information conlaingd within the annual Teport. Our opinion on the financial statèmènts th)es not cover Ihe other infomiation and, except lo the extent oth1$8 eXplY slated in our report we (h) not e¥pre85 any form of as8urance concluSn thereon. Our re8pon8ibi1ity 15 to read the oth8r infomialion aNJ. In dolng so, eonsider whether the other infomiation is m8t8rially inconsi8tenl with the financial slalements or our knthe9e obtained in the audf( or otherwise appears to be malerialty misstated. If we identify such material inconsistencies or apparent material misstslemenls, we are required lo detemiine whether there tg a material rnis5talemonl in the financial sta18m8nts or a material misslalemenl of the other infomiatM)n. If, based on the wot* we have perfom8d, w8 conclude that there 15 a material misstatement of thi8 other lnfomiatjn. wa are r8quired to report that fact. We have nothing to report in this regard. other Matters Th8 corr&sponding figures in the linaneial slalements of Society of Catholic Medical MissK)naries CIO were not audited as the Chaiity did not require a ststutory audrt under the Charitss Acl 2011 in the prior year.
Independent Auditors, Report to the Members of Society of Catholic Medical Missionaries CIO Matters on whlch we are requlrod to report by exceptlon We have rK)Ihing to report in respect of the fOlk)V9 matters where the Charrt3 Act 2011 r8quir8s us lo report lo you if, in our Opinn.. the infomalwJn given in the Annual Report 13 Incr815nI in any material reSpts wllh the fin8ncial stal8menls,' or the charity has not k$pl adequate accounting records., or the financial statements are not in agreement wlh the rnnling records ané retums., or we have not rece all the infomiation and 8xplanation$ we require for c4Jr audit. Re¥ponslbllltle¥ of trustees As explained mor8 fully in the Iruslees, responsibilils statemènt sat out on page 6, the truste88 are responsible for the preparatn of the financial statèments and fcrf being satisfd that they yive a truè and falr view, and for such internal control as the Iruslees determine is n&c8ssary lo enable the Pfgparalion of financial slalemenls that are free frcffi malarial misstalemenl, whèth6r due lo fraud error. In preparing the financial slalements, th8 trustees are responsibl8 for assessing the charivs abilty lo continue as a going ¢on¢ern, disclosing, 8s appluble, mattéts related lo going concem and using the 90ing concern basis ol accounting Un8$ thè Iruslees etther Intar lo liquKlate the charty or to cease operation8, or have no realistic allemalive bul lo do 80. Audltor'8 responslbllltl81 for tho audm ol th• financlal ¥tat•ments We hav¢ been appointeé as audilof under 9èctn 145 of the ChantK88 Act 2011 and report In aGGordance wlh regulations made und&r seclwJn 154 of that Act. Our objeGlives are lo obtain reasonable 88surane8 about lthether the finan¢wl $tatemenl$ •$ a wh¢16 ao free from malerlal ml8slal8m8nl, whglher due lo fraud or error, and lo issue an audilorfs report that includes our opinitsn. Reasonable assurance is a high level ol assurance, but is not a guarantee that on oudil conducted in accordance with ISAS IUKI wll 8yS delect a material mi8slatemenl when il exists. Misslalements ¢an arise from fraud or errof and are considered material if. indNKlualty or in 8ggrege. they could re850nabty be èxpacl&d lo influonce the econcmic deci$ion$ of user$18ken on the basis of these financial staternenl8, As part of 8n audll In accordance with ISAS {UKI we exwcise professional judgernenl and malnlain professional sceplicism throughout the audit. We also.. Idenlrfy and assess the risks of materi81 misstalemenl of the financkgl statements, whether due lo fraud or armr, design and perform audit pr¢xedures POnSive to those risks. and obtsin gudrt evidence that is 8uffiaent and appropriate ID provtde a basis for our opinMJn. The risk of not d8lecling a materi81 rnisstalemenl resulting frn fraud is huher than for one resutting from error, Bs fraud may Invofva collusion, forgery, intentional omissions, misrepresentations, or thè override of internal control. Obtain an understanding of internal control reK8vanl lo the audit in order to desiyn audit procedu$ that are appropriate in the circumstances, but not for th& purw)ses of expressing an opinK)n on the offeetivene55 of the chantys intemal corktrol. Evalualo the appropriateness of accounllng polieies used and the reasonableness of accounting eslirnale8 and related disclosures made by the trustees. Conclude on the appropriateness of the trusle88' use of the goiNJ conrRrn basis of accounting and, based on the audit evklence obtained, whether g material uncertainty exfstg related lo evènts or conditions that may cast ¥nillnt doubl on Ihe charity's abilty to continue as a going concem. If we conclude that a material uncertainty exlsls, Y are required to draw attention in our auditorfs report lo the related disc108ures in th8 financial statements or. rf such disck)sur8s are inadequate, to modify our opinion. Our conclusions are based on the audit eMdence ts1fted up to the dale of our audilorfs report. However. future events or condrtb)ns may cause the charity to cease to continue as a going concern. Evalu8le the overall presentation, structure and conlenl of the financial statements, including the disclosurés, and whether the financial slalements r8pr8S8nt the underlwng transactions and events in a manner that achieves fair pres8ntafion.
Independent Auditors, Report to the Members of Society of Catholic Medical Missionaries CIO We Gommunica18 Wrth those charged wlh governale regarding, amorvJ other matters, the pknned scope and timing of thè 2udil and signrfKanl audit findings, including any svJnifunl d8fici8nci8s in inlemal control that we identify during ouraudit. Explanation as to what •xt8nt the audit was consldgrgd capable of detectlng Irregularltles, Includlng fraud Irregularities, including fraud, afe instances of Th)nryeomplianeé ¥th laws and WUlatS. We design procedures In Ilne wrth our responsilmlrties, oudined above, lo detect materwl mi8Stalements in respect of irregularities, including fraud. The extent lo our pr(eduleS are Capab of dalacting irragularities. inGluding fraud is d8tailed bek)w. The objectives of our audit in respect of fraud. arè,. to Kl8nlify and assess the risks of material misstalemanl of the flnanclal statnentS due to fraud., to cèlain SLrfII8nI appropriate au(lil evidence rggarding the assessed ri8kB of material misstatement due to fraud. Ihrough d8sKJning and Implèmenting appropriate ie$pons8S to those assessed risks.. and lo respond approprialdy lo instances of fraud or suspeet¢d fraud entIfied duiing th& audit. However, the primary respon8ibilty for the prevent aThJ d8lect#)n of fraud rests wlh both management and IhD8a Gharged with g¢)vemanc8 of the charlty. Our 8pproaeh was 85 follows.. We obtsined an understsnding of the legal and reguLg10ry requirements 8pplieablg lo the charty and considered th81 the m08t 8ignificanl are Ihe Charities Act 2011, the Charity SORP 2019 gnd UK finan¢lal roporting $landaids as i88ued by the Fin8nckql Reporting Cn¢11. Wè eèlained gn understsnding of hcw Ihg ¢harily ¢PIlO$ with these requirem8nl8 by di8CU88ion8 m8nagtrm8nt and those charged wlh govemance. We 888e8sed the dsk of merBI misstslemenl of the financlal 31atements. iluding the risk of material misslatemenl due to fraud and how rt mtght ccKur. by holding di8cussions wth management and those charged with governance. We inquired of management and those chargèd wlh govemarKe 83 lo any known in81anc88 of non- complianc8 or suspected norKompliance wrth law8 8nd regulations. Based on this understanding. we design 8Fecif appropriate audil procedures lo identify instance8 of non-compliance with laws and regulations. This included makirKJ enquiries of management and tho88 Gharged with governance and obtalning >Yditional Corrobate evldence as required. There are inh6rant limilai)ns in the audit procthyures described above, We ar@ le88 likely lo becc#ne aware of instsnces ol non40mplian with laws and regulations that are not closely r8lal8d to évents and transactions reflected in the financial 81atemenls. Also, th8 nsk of not detecting a material misslalement due lo fraud is hlghèr than the risk of not delecling one resulting from error, as fraud may involve deliberate concealment by, lor exampb. forgery or intentional mIsrepresentan$. or through collusitin. Uso of our report This report 18 made Sole to the charity's Injstees, 8s a bc#Jy. in cordanc6 with Chapter 3 of Part 8 of the Charili8s Act 2011. Our audit work has been undertaken 50 that we mKJhl sl8le lo the charity's trustee8 lhotse mallars we are required lo slate to them in an audrtorfs teport and for m other purpose_ To Ihe fullest extent permitted by Lgw, we do not aCpt or assume responsibilty to any party other than the Gharity and charW8 trustees as a b(xJy, for our audit work, for this reporL or for the opinion we have fomed. Dale.. 7 May 2026 The Shipiyng Builaing The Old VIW Factory Blyth R03d Hayes. London U831HA Moore Kingston Smith LLP is eligbi lfr lo act as auditLY in tem)s of Seetion 1212 of the Companies Act 2006. up Moore Kingston Smith LLP Slalulory Auditor
Society of Catholic Medical Missionaries CIO Statement of Finanaal Acttvities For the year ended 30 June 2025 Un•udlled Yoar to 30 June 2014 Unr•8trfct8d Fund• Restrlctod nd Year to 30 Jun• 2026 Incom• from: Donations and ac¥88 Charitable activlti Sb'perKI8 an¢J benelhs Trap.sfer of assets Investments 205,060 4,613 209.693 334,463 73,111 2.288.463 7,753 73,111 2,288,463 7,7S3 4,866 Total Incom• 2.574.407 4,613 2,S79.020 339,331 Expondltur• on.. Charitable athwt$'. Donation&lMi55ions EynBe8 97,CpJg 97,¢J39 26.S43 Total axpondltu 97,009 97,CK)9 26,543 Not In¢om•ll•xp•ndlturel b•for• galn•llo8•08 on Invo8lments 2.477,398 4,613 2,482,011 312,788 N•t l•xp•ndltyr•Vln¢ome b•loro trnb1818rn 2,477.398 4.613 2,482,011 312.788 Tr2n•f•r• B•two•n Fund• P4•t movoment In lunds 2,477.398 4,613 2,482,011 312,788 Total fund• brought forward at 1st July 2024 15 331,650 331.850 19,062 Total lund• carrl•d forward at 30th Juna 2025 15 2.609,248 4.613 2,813.881 331,850 ThÉra no recognlsed gain$ ¢r1063es duriThJ thè paiiod oiher than th8 surplus for th& perf*xl shrywn above. All thè above results derive frtyn eontinuing act)viti8s. Thg aOrnpanY1rlq notss form on integral part ol th88e accouni
Society of Catholic Medical Missionaries CIO Balance Sheet at 30th June 2025 Jun• 2025 Jun• 2025 June 2024 J•Jn• 2024 Not• Flxgd a T8ngibl¢ osset¥ 11 1.651.325 1.651.325 Curr•nt a$8•1• Debtors Cash al bank Short te 13.233 669.703 39.752 302.189 1.182.9&3 341.921 Cv•dltor¥: Amount• f•lllng du• vAthln on• y•ar 10 10.071 Not curr•n¢ 1.182.536 331,850 Total l••• curr•nt IlabllJtl•B 2,813,861 331,880 N•t •8•ts 2,813,1 331.880 Fund 8olan¢ G8n8ral FuTrd lunr•slrledl Restricted luTrJ D8signa18d buihJing mwi•nonceluThJ Dg$ignat•J re fund DesvJnat8d fLxed 8S8 f Is 15 1S 1S 15 760.755 4.813 100.WJ 297.188 1.6S1.325 $3,gS1 277,899 2 813.861 331,850 Th• K¢tsMp•nn9 not•J lom) w it•¥al wi oftl• frnnull itst•Yts. Approved 8Tr1 authtyo•d lor iMu• by th• Tw*••$ 8rwJ on thw beh1.. s[Ag Lwrfwmwn. Ch•"r ol trustees Sf Rcmpna Mirar¥Ja. Tnts. SLT M¥ber cl FirwK• 10
Society of Catholic Medical Missionaries CIO Statement of Cash Flows at 30th June 2025 Yoar to 30 June 2025 Year to 30 Jun8 2024 Cash flows from opèrating activltles Cash (used In)Igeneratèd from operations 13 359,781 278,239 Nèt Cash Inflow from oporallng activiti¢s 359,781 278,239 Inve$tlng actlvltlos Int8r8sI received 4,868 Nel cash used In Inv88ting aGtivlUes 7,753 4,868 Nat Increas8lld•cr•a#el in cash and cash &quivalgnts 367,534 283,107 Cash and ca8h equiv816nl8 al beginning of y8ar 302,169 19,062 Cash and ca8h •qulvalMts at ond of year 302 169 A breakdcwn Df cash and cash equlvabnl$ can be found wi note 12 11
Society of Catholic Medical Missionaries CIO Notes to the Financial Statements For the year ended 30 June 2025 ACCOUnng Pollcies A summary of the principal accounting poIleS opled, judgements and key sources of estimation uncertainty, is set out below. 1.1 8a518 of Prnparation The financi81 statements have been prepad in rdartce th the Accounting and Reporting by Charities.. Slalemenl of Recommendthj pract applicabb to Charit8 preparing their accounts in aCcOrd8n wrth the Finanaal Rwrting Standard applicable in the UK and Republic of Ireland IThe FRS 102 charitS SORPI. The accounts IfinancSal stslamanls} have been prep8red to give a Itue and fairf w8w and have departed from the Charrtie8 (Accounts and Reports) Regulation$ 2008 only lo the extent required lo provide a Yrue and fair view. This departure has involved folkmng Accounting and Reporting by Chaftlies prèparlng Ihalr accounts In accordancè wlh thi Financial Reporting Standard appluble in th8 UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 rother than the Accounting and Reporting by Charities.. Statement of Recommended Practice off8cliv& from 1 April 200s vthich has since been wrthdrawn. The financial statements are Pfepared in slerfing, whh is the functional ¢urren¢y of the entty. Monetary amounts in these financlal statements ar8 rounded lo the nearest pound. The financial slalemenls have been prepared on thè historal cost convention. moJified by the recognition of certoin tangible fixed assets, and financHI assats and li8bilits measured at tair value. 1.2 Golng eoneém The charf(y made a 8urplus forthe year of £2,482.011 and as al tha baLgnea S81 d818 had nèt &3sèl8 of £2,813,861 of which ea3h and short tem investments being £1.169.703. Based on th8 current strong financial po$Itn and projected resutts, the Iruslee5 bdieve that the charity will bo abk lo Gontinue and meet rts liabillties 05 they fall due for a perth of at ast twe month8 from the dale of approval of the financlal stslemenls. 1.3 Income All income Is iecognis8d when there 15 enb'tlemenl lo the fvrKls, the receipl 18 probable and the OUnt can be measured relHblv. Income presented I8e of any raLqt&J tax erèdil. Income from investments 1$ r8cognised when rt is prc4)able Ihal the econom benefits will fkiw to tha company and the amounl of revenue be measured reliably. Ir¢lerest income is accrued on a lime ba81S, by reference lo the principal outstsnding and the effective interest rale appIabl. 1 A Expendltu Expendibjre is included in th8 Slatemanl of Financial Activit inclu81ve of any VAT which cannot be recovered. Expendiluie is reeognised on an accruals basis. once there is a legal or constructive obligation lo transfer enOMiC benefrt lo a third party, il is probab that a transfer of economie benefits will be required In settlement ènd the amount of the oblaatI)n can be measured reliabty. Expenditure is allocal&J direct to the expenditure headings as far as pradcalty possible to réflect th tiv(tie8 of the c*arlty under the actlty h6>Jing. ExperKlrture on charitable tIVitIeS. Expenditure on ¢haritabfe athitw includes tIK6e direct costs 8nd 8UPPOrt costs relating to the pursutt of the charfty's objectives. 1.5 Foreign Currencles Transactions are dealt with at the rate of exthang& prevailing al the dale of the transaCtic. 12
Society of Catholic Medical Missionaries CIO Notes to the Financial Statements For the year ended 30 June 2025 (Continued) Accountlng Pollcles Icontlnued) 1.6 Taxatlon The Society is a registered charity where income and gains are appl for charitable purposes wilh no trading activity carrd out. il is therefore exempl frC income and corporation taxes. 1.7 Flxed Assets and Deprnclation Tangibl8 fixèd 85$els are stsled at cost kss accumulat dep4t1Qn. Al ts)sts incurred in the purchase or enhancement of fixed 88sets L8 Included. Depreciation 1$ provided on fixed assets when ttw are bought into usa, al rates which will writa off th& cost of the assets over Ihair usèful èffècti lives. The rates used are.. Frgehold land Freehold buildings Furniture and equlwnent not depre¢iatgJ 2.5% Strah1 line 250A Straht li As$el¥ with 8 value exceeding £250 are caprt8lised in these accounts. 1.8 Cash and Gash equlvalènts Cash and cash eqUivants Include cash In hand, deposlls h6hJ al call wilh bank, and other short-18ryn liqu Inveslménls with ofiginal maturities of three months or18ss. Includèd within short term inve$lments are other liquid inve8lmenls with original maturthes over three months. 1.9 Flnanclal In8trumènts FinanGial instruments ore recoanised in the chaniV8 balance sheat when tha charity bècomès paty lo the contractual pro$10n$ ol th8 instrument Baslc financlal assets and liabilities aw initialty WCJnisthY al Iransa¢ti¢)n value and subsequently measured al amortised cost, using the effective inleregt rate method. Other financial assets, including investments in equty instruments which are not subsidiaries, a¥sociales or jolnl ventures, are inrtialty measured * fair value, vthich is normally the transaction price. Such a88et8 are Subsequent carried al fair value and th6 char#J8s in fair value are recognised in profil or1088. 1.10 Fund AccountinA Unrnstrlcted General - fund8 are availab to SP)d al the discretNth of the trustees in furthwanc8 tsf thè objdNès of th6 charty. Designated- these are funds aled by the Trustees and approv&J by the General A88embly for particuL9r care. R8strlct8d- these are funds Ihal are onty to be used for a specfft purpose. 1.11 Crltlcal accountlng estimates and areas otjuqlggmgnt In the Mew of the trustees in apptying the awunting policies adopted, no judgements w&re required that have a significant effect on amounts recognised in the financial slalemenls nor do any eslimales or assumptions made carry a $an1ran1 risk of material adjustment in the next finarKial year. 1.12 Mgrygr The CIO was cr8ated lo merge together the folk)vng charityès.. The S(xiety of Catholic Medical Missionaries (Charity No. 2327421 The S¢xiety of Catholic mlICal Missionaries- Central Fund (Charty No. 1072554) Both charrt*s' obJ"&b'v8s were lo advance the relIgU8, medKal and ¢Xher charitable woth relating lo the mission. The CIO was incorporated on 16 May 2022 and the transfer began in 2023. 13
Society of Catholic Medical Missionaries CIO Notes to the Financial Statements For the year ended 30 June 2025 (Continued} Incomè from donatitin¥ and legaclgs Year to June 2025 Yoar to Jun& 2024 General Restricted Fund nd Donations LegaGEs 200,944 4,136 20S,080 4.613 205.557 4,136 209,693 334,463 4,613 334,463 All prior year iome was n$trthd or designated. Transf•r of n•t issets The transfer of net asséts has been anawd below.. dlcal Mlsslonarièx Tonglbl• fixed Income asset¥ 2.225.186 1.665.086 Ngt Dgbtorn Total Net Icrodltorn Assets 500,000 2.225,186 Ca#h 60,100 Chafty No 232742 Tlngib flxed Incom• a888ts 63,277 Net D•btors Totsl Net Icredllors Cash 63.277 Charity No. 1072554 63,277 Total not a880ts tr•n8ferrgd 2,288,463 1,665,086 123,377 SO0,07 2.288,463 14
Society of Catholic Medical Missionaries CIO Notes to the Financial Statements For the year ended 30 June 2025 (Continued) 4 Incom8 from Investments Gèneral Fund Designated Care fund Juno 2025 Juno 2024 Income arlsing from eash deF¥)Srts Total Income Arising 48 7,705 7,753 4,868 48 7,705 7.753 4.868 Yearto 30 June 2025 5 DonatlonsrnASsslons Expon¥ General Deslgnated Fund Caro fund Year to 30 June 2024 Dlr8Ct charftable expendlturn.. Don8lh?nslmissions expensèg Support costs.. House operating expens Meelin9s and iravel General expenses Daprecialion Wages and salories Govemance la¥ below) Legal and profg53i0nal Bad debt 27.857 27,857 22.043 8,942 1,484 4.970 13.761 5.733 31.416 2.087 959 8,942 1,484 4,970 13,761 5,733 31,416 2,087 959 4,500 69,3S2 27,657 97,OJ9 26.S43 6 Govgrnance cogts Year to Juno 202S Ygar to June 2024 General Oeslgnatgd Fund Care fund Auditors remuneration for.. Audit fee Other accounting co818 Independent examination lee Gounl preparation fee 18,000 11,016 18.OOD 11,016 3.500 1.000 4,500 2.41x1 31.416 2,400 31,416 7 Staff Costs Year to June 2025 Y•ar to June 2024 Wages and 8alarie8 Sctial securty costs 5.733 5,733 The average MthlY numtser of empwes during thé y8ar was 112024.. none) The Society conskler8 key management personnd to comprise the trustee5. There were no empbyees who recèNed empbyee beneffts of more than £60,CX)0 (2024.. none) 15
Society of Catholic Medical Missionaries CIO Notes to the Financial Statements For the year ended 30 June 2025 (Continued) 8 Trust&es' Rernunoration No trustees received remunèration for their SerVS during the p8n"¢xI {2024.' none). No Imslee5 wer& reimbursed during the period {2024.' none). Debtors Year to Jun8 2026 Year to Jung 2024 Prepayments Other debtor8 Interest receivable 3,463 9.751 19 13,233 39,733 19 39,762 10 Crndltor8: Amount8 falllng dug wlthln one year Yr to June 2026 Yoar to June 2024 Other crgdilor6 Accruals 5,571 20,400 20.4C 10,071 16
Society of Catholic Medical Missionaries CIO Notes to the Financial Statements For the year ended 30 June 2025 (Continued) 11 Flxed A888t8 Fumlture and Equlpment Land & Bulldlng8 Total Cost As at 181 July 2024 Transferred in 1,650,OCQ 15,086 1,665,086 As al 30th June 2025 1.650.000 15.086 1,665.086 Doprèciation As al 1$1 July 2024 Charge for the year 11.875 1,886 13,7e1 AS a1301h June 2025 11.875 Net Book Value At 30th June 2025 1,638.125 13,200 1,651,32S At 30th Jung 2024 12 Analysh of changgs In not dèbt Other noft. cash changeo At 1 Juty CJ3hllow¥ 2024 At 30 Jun• 2025 Cash and Gash equivalents Total 302,169 367.534 889,703 13 Cash gengrat8d from op•ratlons Surplus for the year 2.482.011 312,788 Adlustments for: Investment in¢ome Oeprecialion and impalml of tangible fixed assets Transfer of fixed assets Transler of short term investments 17,7531 13.761 11,665.0861 1500,0001 (4,8881 11 Movements In working capltal.. (IncreasellDecrease in debtors IncreasellDecreasÈl in creditors 26,519 10.329 139,7521 10.071 Cash g•ngrated from operatlons 359 781 278.239 17
Society of Catholic Medical Missionaries CIO Notes to the Financial Statements For the year ended 30 June 2025 (Continued) 14 Funds Broughl Incomlng Outgolng Forward ReurCeS Resourc0• Galns and Los808 Carrlod Forward UnTrslnclsd.' G6neralate'. general fund MMS UK.. general fund 56,201 {2.2501 251 762.144 (11,9131 143,678) 44,539 716,216 Rgstrict8d MMS UK 4.613 4,613 D8s1gn8tod.' MMS UK.. Building maintenanc8 MMS UK.. Care fund MMS UK,. Fixed a$so1 fund 1.0 46,926 1.665,086 loo,000 297,168 1.651,325 277.899 {27,65n (13.761} Totsl 331,850 2,579.020 97,009 2,813,861 Th8 R•stricled FurKI has receivéd specrficalty lo 8UPF4)rt kKal projact8 addre88in9 home188$n6SS. The building maintenance fund has been allocaled specifically for the ongoivJ upkeep and maintenanc8 of the properties. Expgnditure from this fund is not subject lo a red limetablo, as it is appl{ on Sn a8-ne8ded basls dèpending on Ihg nature and timing of required repairs and maintenanc6 8thilie5. The Care Fund Is used lo cover exlra caTe for Si$lers when not fully lunded by Health Authoriti68. Thls Is ad- hoc expenditu for emergency h1th cafe so does have an exact liming. Flxed as8el fund includes the value of the t8ngIb fixed assets transferred wlh the mergar as well a8 annual charges for depre¢tIon of thes8 assets. Comparative infomation in respect of the precedlng period 1$ as follc¥ws.' Brought Forward Incomlng Outgolrng Rèsources Resourc08 Galns and Los888 Tfan8fern Carrigd Fonyard Unrnslncl8d.' Generalate Gener81 fund MMS UK General fund 1S.C62 39.389 12,2501 56,201 {2.250) 12,2501 DoswnBted,' MMS UK Care fund 299.942 22.043 277 899 Total 19,062 339.331 26.543 331,850 18
Society of Catholic Medical Missionaries CIO Notes to the Financial Statements For the year ended 30 June 2025 (Continued) 15 Analysls of nel assets between luntts Creditors.. Amounts due thin one yoar Flxed Current Total Unreslricl8d.' Generalal8'. g8neral fund MMS UK.. gèneral fun(1 R&slricl&d Dèswng18d.' MMS UK Buikling rnainlenance Fixed asset fund Care fund 54.739 726,416 4,613 11 D,2001 {1 D,2001 44,539 716,218 4,613 100,0(K) 100,000 1,651,325 297,168 1,651,325 297,168 1.651.32S 20,400 1,182,936 2,813,861 Comparallvs Inforniatv)n in respect of the preceding is as folbw8.' Credltorn: Amounts duo wSthln one yoar Flxgd Current Assets Totsl Unrnslncl8d.' Ganeralala Ganaral fund 58,451 {2,2501 56,201 Deslgn&l8d.. MMS UK Gènèral fvnd Care fund 12,2501 5,571 12,2501 277.899 283,470 341,921 10,071 331,850 16 R•lai8d party transactlons There wes one rdaled charity during the year. beirg The Socty of Catholic Medical Mis81onarles- Central Fund, which shatéd trustees wth the CIO, there were the lollcwang Iran8actions12024.' no transaclionsl.. Income Cash 63.277 Charity No. 1072554 63,277 There were no other disel¢)sobb related party Iran&*rons during the year {2024: nono). 19