FMDM CIO
Unaudited Annual Report and
Accounts
31 December 2024
Charity Registratkin Number.. 1199517

Contonts
Reports
Reference and administratlV8 details
of the charlty. Its tnBtee$ and advisers
Report of th8 tnjstees
Accounts
Statement of financial activities
Balance sheet
Principal 8ccountlng policies
Not8S to the accounts
FMDM CIO

Reference and admlnl8tratlve deta118 of the charlty Its trustees and advlsers
TTUStegS
Sister Lucy Augustlne
Sister Jane Bertelsgn
Sister Helen Doyle
SSsler Helena McEvilly
Sister Elvine Msimuko
Sister Monica Weedon
Congrogallonalloadgr (Superlor G8noral)
Sister Jane Bert&l$&n
General Bursar
Sister Helena McEvilly
Admlnlstratlve Addre
Ladywell Convent
Ashstead Lane
Godalmlng
Surrey
GU7 1ST
Charlty Roglstratlon Numbor
1199S17
Accounlanl
Buzzacott Audit LLP
130 Wood Streat
London
EC2V 6DL
Bankèrn
National Westminster Bank plc
PO Box 299
High StT¢o1
Guildford
GU13ZU
Sollcltors
stone King LLP
Upper Borough Court
Upper Borough Walls
BA1 1RG
FMDM CIO 1

Report of the trustees Year ended 31 Decern￿r 2024
The tnjstees present their annual report together with the accounts of the FMDM CIO (the
'charity'l for tt)e year ended 31 Dècember 2024.
The accounts have been prepared in accordance with the accounting policies set out on page
7 of the attached accounts and compty with appllcable United Kingdom A¢¢ounting Standards
(Unlted Klngdom Generally Accepted Accounting Practice). The principles sel out in
Accounting and Repx)rting by Charities: Sl8temenl of Recommended Practice 8ppIic8ble to
charitses prepafing their accounts in accordance with the Financial Reporting Standard
applicab18 in the United Kingdom and Republic of Ireland {FRS 102) have been followed in
the preparation of Ihis report and accounts.
Objgctives
The objectives of the FMDM CIO. as sat out tn its govaming documgn( aro:
• $uch lawful charitab19 purposos which advancg the roligious and other charitable work
carried on by or with the support of the Franciscan Missionaries of the Divine Motherhood
(the Congregation)-, and
the advancement of the Roman Catholic religion in accordanc8 With the principles of the
worldwide Franciscan mission to include. tAJl not Ilmited to, the Congregation's charism,
In such ways as the trnstees wlth the approval of the COng￿gabonal Leader shall from
tim8 to tim8 think fft.
In setting the charity's objectives and plannlng Its actwitles. the trustees have gfven Careful
Conslderatlon lo the Charity Commission's gen8ral guidance on Publ￿ benefit.
A¢tlvftlg3 and pgrfonnanco
The chadty had no acthltles and hence no Income or expendituro in the year ended 31
Decembar 2024 or In th8 ¢omparatNe peri¢xJ. The entity has remained dormant since its
creation.
Future plans
In du8 course, thg FMDM CIO will continue certain aspects of the work of its predecessor
charity. the Franciscan Missionaries of the Divine Motherhood Charttable Trust (charity
registration number: 232098).
Relevant pollcles
ReseThes pollcy
In due course, th8 trustees will examine the need for free reseNes, i.e. thoge unrestrcted
funds not invested In tangible r￿ed assets, designated for specific purposes QT olheTwise
¢omrnitted.
As the charity had no activities In the year ended 31 December 2024, there weTr £nll reserves
at the balance sheet date.
FMDM CIO 2

Report of the trustè•9 Year ended 31 December 2024
Governanc•, structure and manag•m&nt
Trustees
The Superior General of the Congregation. the First Councillor, Iwo other General Councilloys
and Iwo other sisters are currently the Trustees. They efisure that they attend trustee training
days throughout their term as trustees. Where the trustees and members of the General
Council do not have th& relevant Skills. advlce 18 taken from professlonal advisors and
advisers.
There is a system of accountability w((hin the Congregation to ensure that the Superfor
Gener81 and her Council are fully aware of the progress and development of the ministries
carried out by the Sisters of the Congregation.
Trustees, responslbllitles statement
The trustees are responsible for preparing the tnjstees. report and accounts in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Th8 law applicable to charities In England and Wales requires the trustees to prepare
accounts for each financial year which giv¢ a trug and fair view of the state of affairs of the
charty and of the income and expenditsjre of the charity for that period. In preparing these
accounts, the trustees are required to:
select suitable accounting policies and then appty them consist8ntty',
observe Ihe methods and principles in A¢counting and Reportlng by Chariti8s'. Statement
of Recommend9d Practice applicab191o charitlgs prgparing th8ir accounts in a￿OrdanC￿
with the Financial Reporting Standard applicable in the Unf(ed Kingdom and Republic of
Ireland IFRS 102)..
rnake judgements and eslmales that are reasonable and prudent;
state wh8th8r applicable United Kingdom Accounting Standards have been followed,
subject to any malarial departures disclosed and explained in the accounts., and
prepare the accounts on the golng concem basls unless il is Inapproprrate lo presume
that the ¢hartty will ¢ontinue in opératlon.
The trustees ar8 responsible for keeping proper accounting records that disclose with
reasonable accuracy al any lime the ffinancial position of the charity and enable them to
ensure that the financial statements comply with the Charities Act 2011, the relevant Charity
(Accounts and Rep￿ts) Regulations and the provisions of th8 chariVs constitution. They are
also resK)onsible for safeguarding the assets of the Gharity and henre for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
Structure and managementrnporting
In due course. the day-t￿aY management of the charity's activrties. and the Implementation
of policies, will be delegated to the appropriate members of a Committee or senior staff.
FMDM CIO 3

Roport of tho trustges Year ended 31 December 2024
Rislt management
The charity undertook no activities during the year ended 31 December 2024 and does not
plan on undertaking actmlies during the year endin9 31 December 2025. The Trustees will
meet to assess the princlpal rlgks to the charfty prlor lo the commencement of activiti8S.
Approved by and signed on the behatF of the trustees:
TNslee
Approved by the tw$tee$ on.. S
VKY 2015
FMDM CIO 4

statsment of flnanclal actlvltles Year ended 31 December 2024
1 July
Ywto 31 202210 31
D8umb8r D$eembgr
2024
2023
Total Incom•
Tot•1 oxp•ndlturo
N•t Incom• and n•t mov•m•nt In funds ft¥r th• y•ar
R•concSllatlon of funds
Total lunds brought foTh¥ard
Totsl funds ¢arri8d foThYard
Thè charty was dormant duriThJ th8 abové tsyo financial periods and roctivad no incomg and
incurred no expenditure.
The charity had no recognised gains and losses during the above tsvo financial periods and
therefore no separate statement of total rec￿nISed gains and losses has been presented.
FMDM CIO S

Balan¢0 $hggt 31 December 2024
As there has been no activity from the date of incorporation {l.e. 1 July 20221 to 31 December
2024, Ihe charity had no assets or liabiliti8s at 31 December 2024.
Approved by the trustees
and signed on their behalf by:
Trustee
Approved on:
FMDM CIO 6

Prln¢lpal accountlng poli¢103 31 December 2024
The principal accounting policies adopted. judgements and key Sources of estlmation
uncertainty in the preparation of the arxounts are laid out below.
Basts of prnparatlon
These accounts have been prepared forthe year ended 31 December 2024 with ¢ornparatNe
informalion provrded in respect of th8 period 1 July 2022 to 31 December 2023.
The accounts have been prepared uThJer the historical cost convention with items recognised
at cost or transaction value unless othenviye staled in the relevant accounting policies below
or the notes to these accounts.
The accounts are presented in sterflng and are rounded to the naar8St pound.
The accounts have been prepared in accordance with kwunting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the United Kingdom and
Republlc of Ireland Icharltlès SORP FRS 1021, the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
Tha charity constitutes a public benefft entity as defined by FRS 102.
Assossment of going concern
The truste8s have assessed whether the use of tho going conc8m assumption is appropriate
in preparing these accounts. The trustees have made this assessment in respect to a period
of one year from the date of approval of these accounts.
The tnjstees of the charity have concluded that there are no material uncertalnti&s related to
events or conditions that may ¢ast slgniftcant doubt on the abillty of the charity lo continue as
a going concem. Th8 trusl88s ar8 of thè opinion that the charity will have sufficient resources
to meet its liabilities as they fall due.
Crltlcal accountlng 08tlmates and area8 of Judgem8nt
Other than Ihe assessment of going coneern. the preparation of the a¢counts did not r8qU
the trustees to make any significant judgements or eslimatss.
Cash flow slatement
The accounts do not inelude a cash flow statement because the charty, as a small reporting
entity, is exempl frorn the requirement to prepare such a statement under the Charities SORP
{FRS 102) Upmlate Bulletin 1.
Income recognltlon
Income is recognised in the period in which the charity has entitlement to Ihe income. the
amount of income can be measured rellably and it 5$ probable that the Income wlll be received.
Expondllure recognltlon
Liabilllies are recognised as expenditure as soon as there is a legal or constructive obligatlon
committlng the chartty to makg a payment to a third party. it 1$ probable that a transfer of
economic benefits will be required in settlgment and Ihe amount of the obligation can b8
measured reliably.
FMDM CIO 7

Notè to thg accounts 31 December 2024
1 Staff costs, romunèration of trustses and related party transacllons
During year ended 31 December 2024 the charlty employed no staff and therefore Incurred
£nil sLqff costs.
The trustees received no remuneration during the perfod.
There were no related paty transadons requiring disclosure during the period.
2 Taxation
The FMDM CIO is a registered charty and therefore is not liable to in¢ome tax or ¢orporation
tax on Income derived from ils charitable actNities, a5 it falls within the various exemptions
available to re9lStered charities.
FMDM CIO