## **Trustees' Annual Report for the period** Period start date Period end date 01 01 2021 31 12 2021 **From** **To** ## Section A Reference and administration details **Charity name** THE INSTITUTE OF THE SISTERS OF ST. MARCELLINA **Other names charity is known by** N/A **Registered charity number (if any)** 211414 **Charity's principal address** 6 Ellerdale Road Hampstead London **Postcode NW3 6BD** **Names of the charity trustees who manage the charity** ||1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---|---| |||Rev.Giuliana
Carrara|Chair||GIULIANA CARRARA| |||Mrs Angioletta
Salvoni Silva|Secretary||| |||Mrs Anna Maria
Aurelia Amato
Gaudiano|||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| |||**Names of the trustees for the charity, if any, (for example, any custodian trustees)**|||| |||**Name**||**Dates acted if not for whole year**|| **TAR** March **2012** 1 **Names and addresses of advisers (Optional information) Type of adviser Name Address** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Trust Deed Type of governing document (eg. trust deed, constitution) Religious Order How the charity is constituted (eg. trust, association, company) Appointed by the Sister in charge Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **TAR** March **2012** 2 The Institute of the Sisters of St.Marcellina has been running the house at 6 Ellerdale Road, London since 1955 to provide foreign students with English language Courses and Accommodation. **Summary of the objects of the charity set out in its governing document** To provide English tuition and Accommodation to foreign School Groups from around the world attending the various schools operated by the Order **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** **TAR** March **2012** 3 You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance This year the School groups didn’t come for their week full immersion in the English Language and Culture due to Covid-19 **TAR** March **2012** 4 Section D Achievements and erformance p **Summary of the main achievements of the charity during the year** See above **TAR** March **2012** 5 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** **Full name(s)** Sr.Giuliana Carrara **Position (eg Secretary, Chair,** Chair **etc) Date** 15/07/2022 **TAR** March **2012** 6 THE INST￿lITE OF THE SISTERS OF ST.MARCELUNA CHAR￿ NUMBER OZ11414 REPORT AND ACCOUPITS FOR THE YEAR ENDED 31 DECEMBER 2021 THE IN5fiTUTE OF THE SISTERS OF ST. MARCEWNA INDEPENDENT EXAMINERS REPORT TO THE TRusfEES Page 2 I report on the accounts of the charity forthe year ended 31 December 2021 which are set out on pages 3 to S. The report Is made solely to the Charity's Trustees. as a body. in accordance with chapter 3 of Part 8 of the Charities Act 2011. My examination has been undertaken $0 that I might state to the Charity's Trustees those matters l am reqUI￿d to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted my law, I do not accept or assume responsibility to anyone other than the Charity and the Chari￿5 Trustees as a body, for my examlnation, for this report or the opinions I have formed. R*sp¢ctlve responslblllde5 01 trust•es and examln•r As the charlty's tnsstees, you are ￿sponsIble for the weparatlon of the accounts,. you conslder that the audit requlrement of Sectlon 144121 of ihe Charity's 2011 the12011 Act) doe5 not applv. It Is my fesponsibility to state, on the basi5 of pro¢edures specified in the General Directions given by the Charity Commi55ioners under 5ertion 145ISllbl of ihe 2011 Art. whether parthcular matters have come to my atlention. •$ls of Independent •xamln•rfs report My examlnallon was carrled out In accordance wMh the General 05rection$ 8lven by the Charlty Commls51oners. An examination Includes a review of the accounting records kept by the charlty and 3 comparlson of the accounts presenteil wlth those records. It also includes considefatlon of any unusual items or dlsclosures in the accounts. and seekin8 explanations from you a5 trustees concernln8 any such matters. The procedur￿ undertaken do not provlde 11 the evldence that would be requlred in an audrt. and consequently I do not express an audlt opinion on the view 8iven by the accounts. Ind•pendent •xamlntt's stst•m•nt In connectlon wlth my examlnation, no matter has come to my attentlon: al which gives me reasonable cause io believe thai in any material respect the requirements: l. to keep accounting records in accordance with the Charity's Act 2011; and 2. to prepare accounts whlch accord with the accounting records and to comply wlth the accountlng requirements of the Act and wlth the methods and Pfinclples of the Statement of Recommended Practice: Accountin8 and Reportin8 by Charities; 3. have not been met.. or bl to whlch. In my opinlon. attention should be drawn In order to enable a proper understandin8 of the accounts to be reached. Chartered Accountant Independ nt ExamSner Date:10 ly 2022 THE INSTtruTf OF THE SISTERS OF ST.MARCELUNA STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 DECEMBER 2021 Page 3 2021 2020 unres￿l￿ Unrestrbrted Incomlnl resour¢¢s Fees Grant from Instltuto Iniernazhonale Bank deposit interest 42,536 20,f*J) 26,141 ioi 26,242 62,544 R•sour¢es expended Reli8ious service Food and drlnk Household laundry and cleanlng Insurance Light, heat and water Motor and travellln8 Medl¢al care Students actlvitSes Mana8ement and tuitlon costs Office administration Professional lees E¥amlner's fees Repabrs and maSntenance Donatlons to charities 5,030 2,117 4,360 5,123 1.815 17,598 15,707 2,712 489 1.237 1,643 3,022 17,631 1,116 1,608 200 ii.wo 13,713 706 277 3,121 2,340 1,116 41.412 81,276 74.261 Nel of incomln8 ￿$oUrteS Iresources expended) 118,7321 148,0191 Accumulaied funds brou8ht forward 103,604 151,623 Accumulated fund5 carrled forward 84,872 103,604 THE INSTMJTE OF THE SISTERS OF sr.MARCELUNA STATEMENT OF ASSETS ANO UA8ILmES AS AT YI DECEMBER 20ZI Pa8e 4 2021 2020 Flxed assets Motor v•hlcle 10.495 Curr•nt iss•ts Bank current account Bank DeposR accounts Cash In hand 16.112 60.854 13,177 90,846 998 105,021 76,966 Lws: wrr•nt Il•bllltl•J Sundry creditofs Net current assets 2,589 74,377 1.417 103,604 Tot•1 asmts 84,872 103.604 Ae¢umulat•d lunds 84,872 103.604 These accounts were approved by the trustees ryl 4•lk July 2022 ull•n• C•rr•rn Trustee THE INSTtWTE OF THE $15TERS OF ST.MARCELUNA NOTES TO THE ACCOUNT5 FOR THE YEAR TO 31 DECEMBER 2021 Pa8e 5 I. A￿o￿ntIng pollde5 The princlple accountin8 pollcles which are adopted in the preparation of the accounts are set out below. 515 of aicountln8 These accounts have been prepared under the hlstorlcal cost convention. and a￿ In accordance with applicable actountlng stsndards and the Statement of Recommended Practlce'Accountln8 & ReportSng by Charitles, leffectlve Apdl 2￿5>. Fqe Incom• Thls Income relates to fees from boardln8 and tultlon for foreSgn students. It is accounted for In the accounts when It Is received. Imi•stment Income eank Interest Is shown gmss. It Is shown In the xcounts when Itls receW.