MOORE Kingston Smith The Society of Catholic Medical Missionaries Annual Report and Financial Statements For the year ended 31 December 2020 Chartly R•gislratk)n No.. 232742
Th* So¢l•ty of Cathollc Medl¢al Mlsslonarh8 Annual Report oflhe Trusle¢s For the year ended 31" December 2020 Legal and Admlnl$lt•tlv• D•tsll8 Full name The Socpty of CalholK Medlcal Missi(Y)wle5 Icommonly known as the Medical Mission Sislers-UKI ReglstraUon Numbei 232742 Plledl¢al M15$1on Sl$terg UK Truste•$ as of 31$1 Oecember 2020 Chabr of TTUSleeslCommunlcation5 Trusteereasurer Trusteè Truslee Trustee Slsler Lynne Rooker Sistèr Rita SyTon Sister Manetta Nallvlda Sistèr Slmono Herimann Sl8ter Jyotl Premika Kujur MMS Socl¢ty Coordlnator Sl$t•r Irene Gladdey Fernandez Admlnlgtratlon Addr•&• 109 Cllltterow Avenue Hanwell London W7 2BL Accounlants Moore Klng51on Smlth LLP The Shlpping Bulldlng Tha Old vIn Faclofy Blyth Road Hayes, London U83 1HA Pflnelpal Banker8 The Cooperative 8ank 14 New Broadway EaSwg LCdon W5 2XL Soll¢ltorg Jam85 Vernoi-mlles Hunteis Law LLP 9 New Square Lincoln's Inn London WC2A 3QN
The Socl•ty of Catholl¢ Medlc81 MIs81onarS•8 Annual Report ol the Tru$teeJ Fortho year •nded 31" D¢¢•mber 2020 Struewre Govvmance and Mana The Society ol Galholic Medical Misslonarles ISCMIAI, known as the Medlcal Mlssion Sislers IMMSI Is an inleinational rel1g1S congregation of mis5ionary slsl&rs In the Catholic Church. founded In 1925, The Inl&rnational Headquarleis IGeneraklel ol Ihe ¢ongregallun is localed in Aclon, London. UK There are 470 professed sisters aTound Ihe world. ol whom 19 are currently resirJent in the Unlted Klngdom. The Gongregalion is governed by ils own Conslilulion. The Congregation is dlvided into geographical regkins. known as Units. One such Unil Is hAedlcal Mission Sisters UK. The accounts accompanying Ihig report artr the accounis of thè Charltable Trust In whlch Ihe assets of Mèdlcal Mission Si5t8rs UK are held. Chafilable Tiusi Deed No 232742. daieo 3(Y Dember 1963, governs the Trust, The awoun15 have beon prepare# In accoidance wilh aountIng slandards and the Statement ol Recommended Pracllce In"Ac¢ounllng and Fqeportlng by CharSlie5" issued In March 2015. eme Charllablg Trust Deed No 232742, dated 301h Oe¢omber 1963. govem$ the frusl. Th& Tru$i88s are aPWnle by the Society Coordinator (General Superior ol Ihe Congregation) Trom among Meillcal Mission Sisters In the UK who have approprigte qualilles and skills. Charily Commlssion information Is regularly downloaded and discussed by Trusleeb al staff memb¢rs Availabllily ol sullable Medical Mlssion Sisters lo become trustees Is monllored by Ihe Charily. as Is Ilie SsibIlItY ol Iralnlng and appointsng ol Tiustèes frcm outside Meejlcal MSsslon Sl8lers. Governanco and mana The Trustees are respon$lble lor Ihe 0ra11 management ol the Charfty and lor Gare ol lh& Sbslets. Trustees mel and COTre$ponde(J wilh each Other al least once a month In 2020 Olher Sislerg ar8 co.opted lo assi81 wllh publlclly, fun¢J¥alslng lor local and global mission communic8tlons and support of the sisters. Trust 8 and momber &m•nt One Trustee Is a member of the Conf8renc• ol RellgSou5 for England And Wales as are other acllvfj members ol the Unil. The Conference and the regional braiich ol the Conleren¢e1g a helplul resource for alvlce and Information. DurlrrtJ Ihls year of the Cotvld-19 pandemlc Ihe Truste8 Tieasurer and staff attend63d webinars on legal and fjnanclal mallers organised by Iho he Assoclalion of Provinci41 Bursar8, Moore Kiiigtslon Smllh and olhers. Olher MedlGal Mi5slcn Sblers have attendèd conferences and weblnar8 as60cialed wtth Ihelr professlons and Ind[dal Involvements. The mission of Ihe Socbely is lo relieve sufferlng antt promote heallh. Togelher th Ihose wre liveg are aflected by 5ickngss. povorty and Other lorms of soclal exclugion the sisters Sgarch lor appropriate ways lo ie14fyve sufferlng and 10 Iranslorm situallons that pul Ihe health and well-belng of people and Ihe planel al risk. Publlc 8eneflt'. In plannlng and carrng out the actlvllles of the Charlty, the Tiusleos ha had regard to guld•nce of the Charity Commissi¢>n In fegard lo Pubh'c Benefit. Due lo Ihe pandemlc and repe8ted lockdowns many chdrltable gioups using volunteers wore forced lo SUsnd regular aclivitles. When. for example. by Ihe Government Policy "All In" homeless people were moved from the slr¢els and drop.ln centres to hotelg around the cily, case workers and volunteers had lo travel arouno lo SUpJrt them in their pgrwnal and health needs during Ihe lock(lowns. Wilhoul thi5 dedicated support and encouragement many woukl not have perseveTed In strange hotols. IndÈed sotne did not and had lo be lolltswed up on the stiegls.
Carèd8kJetyOrsk sisters resident in England and Wdeg. Parbcipab'on inlhe NHS and se¥eralch8rknble seNce8, F£cAly11M)$e lICh regch outlo on th8 fflgln8 of yo¢EIy. Sooal Ju51K8. peaco and envionmenial nel¥yCrt4- rnrj ts lrC(tic ol these issu95 wlh 1osFect io hedlh wellthng. Achievements and Pe Carnof the eldprl 5i¥lers Thémiage aoB ollhè sis¢Bis in MM&UK is 69. wth a methanJJB of79 years. Wrfh agg 9(xn8 ofthè sisiers are becoming Iialer, requirlng more r6sources lime for Iheir cè. Skners are oble amsl dderly sislersvith shoppry and Laundryd regularly w¥ille in $tsIte and rosidenalcareaCCThdlng totharwJulalvJrs of protecliDnduringlhe parybmic. AtlheeNlof 2020 51x8151er51esed inshettwwjhouying or milar I0c0St accommcthltim. $ter was in a residenb'l care hthne supportad by M8dical missn SYJler5. fvkJbth.tya5 we pro¥v1 forsisW&whD need them. In 2020 tt¥oddety sBlers thd. Publici Fundraisin IOT miJ5ion and Communi¢•tion8 With ts orwl ol Ihe COd-19 paNJ8mk th• BI58 Conf8rqnc• Lrf Env1aj and Waes $u$pended in C81h¢lic lorthefore5eeabl8 luuxe. A No19rtar was 2020 wlh c(ye$ dL4tsibuted to donrys and lo parish'[3, MindfLd ol D8ta PiolethK ls$ue$ and Lbjod wactfA9, we coilnue lo update the ¥M5h05 01 d(XK)15 i&Jarding rewving inlorrnalv)n and publKalicfi8 PoriodK updal'ng ol Dur coninws in ordw lo wov8 IntoNn4tion abjul Modtol Mission Sisters. and wi Mrk. Wè 8ndèavovi lo reduce our expens99 by,, regty uFxJal¥)g the mailiw Ilst ?cuJrdg todontqs, w15h8y en¢ouiiging ¢ommunrAbon ¥vilh our donors by &mail accordiThJ lo thoir wishe5 we now Send oul Ihe New51tei in PD Fcfmal by emgl to Thojl ol Qui 9rg re&JBIS and 8orne ofow VK readers. Th••ff#tWw cIfurailW k doctsaSi bBu1&wO no lony hav@ manys818r8gNotod)fvndrgiwDg Ik. W 1ogul8r donors are 9gwry, ond new thoT8 wg16w. The suspenOn olmknk418ppea19 duilng 2020 meanl no Incomo IionTr thi8 SOWC•. We are gratalul lo bwlerrn dorm tho kèv8 U5 a kLYCy in th[ wll. a blessing Ihgt th8 of h&allh healing is h8lpgd in thigway. Social Justice Peaceon nments emorkln Slswns nÉtwoth Juslr<. Pe8ce. Enviionrnenlal and httqrfailh org8niqatwJns, pning thorn kn èndoAyr wcrfk IrA a nKrfe W aNJ )r1d. They do thi8 by Irthl poarh and ju$lto groups, by c4ffespJndence by jc4ning in wcoful domons1iabcS to W crealg awar8nè9s of Ihg varroJs ISS8. oiganrJaho wlh whom w8 nettyk vith sr8 CAFOD, N8llol Juslict Pè8ce Netth, ArtkHum Trakg neMYKks, J911 Rofuggo sg1w, Pax Chiisl And Clifflalè Chay cbs11.01 RemedIalvlk on the Loft develo ment eld ouse 2020 saw the finak8ab'of thg r8m8(lal ¥%vrk dc? Iclt de*kJpmerrt3lthe Spriryfthd Ro¥1 house, o 0 sislw wks as a senK>r dKlor n a London ho¥ital A&E departm8nl. One a sor4 case I[kerwith Hopefor lhall Street kS)meless caiingfor hoMBSs Unable to be as vdunteers usu¥l work, the 8i8th 1ivdwd1h1SelWeS h)rAI acUvitie5 helng with c(NJkiny food delivernJ rt to n£v peOe, Islening to ond doth mask?.
aclof ¢ involvemeTtts of sisters.. (h%sler has continued to wotk ihioughoulthe parvJeTnic In the NMS n a veiy busyA&E deparbmenl. Homeless people are $ometimes notwdl underslocd and d(thrs and nurses have dffKulty in relating a)d managiDg Ihem.As wel as her majordLrtbgs. our $ter has beon commissKJMd lo develop a ground neh¥o ¢1 otherhomeless seThryces such as GP SUre$. day cntrès. akohol and drug seNKes wrth Ih goal of kttei coordinatitsn aj coop81aln acioss iwij. Leaftetsloi her cdloague5 help lo Si9PoSI palhgnls lo appr(Viia seTric85. She ha$ a regular piogramme ol md151 leacning on trse L4sues and is erten asked lo advise in the manauernenl of ditticull wes. All of this e&w IhediifirLIIEs olCd99oS and holp5 pslignls on Ihg road lo kétt¢r and safei caio. JOurn9yh whh those wtrK) are ir#J rough on Istree19 need9 t4Mage and pernever8r. The ¥18[S always worf( ¥Mth reliabb Charitses, ILY exarnth Hopa lot &vlhall Slre81 Homel855 and NGOS 9uch as Sl,Mungob. Duiing ihe paNlemi¢, dayliopii centres night shelters wero clowj bul thg S151fjrs Sawlo lh8 needsol e$S peoplein hotels partKlpa8d in counls ofrrxjgh sle8pers al W. Our of Indian badtground hne38 wpk, some Cl319 Med a5M seeker8. Larrfjuage and a knowe clculiure vital lo hdping clienls lo de¢Kle whal is be511oi em. Some havo te wonnecled wrthlheir families and have Igliyned home. Help is often neèdad rtuaiding logal immwJr81bD is8$. This 1¥ement 8n impact 4vhen dienls graduallystyl to roa to lollal slalu$, or. 1¢ ie¢oveiing from a{Iktic and ill healih and hoFohJly a notmal lile. Muthol lh8 )Ik the 8181$ do being psentI0 people who are sicl orelderfy. h785$ cf olhewse In diwicuil ¢ifcum51anc8s. Somedmos al thal 19 n99ded is a chal, laugh and remintsung ovgl old lun0$ T $islers lislonino and caring is cdrtkinly greallyapprgcialed. SomeUmg$ they are able to h8lp rKople lo coThlacl other seryices vth'ch may be available 1¢ Ihem. Wh8rè ttii$ 1$ ml posstr48 Ihey accompany pBcpb In thar diUleS. helping thom lo we.'A5 wilh n7anyolhe( actMlle5 impact Is mè88L¥ed Th)t Mly in si81191 bul also In Ihe qualilyol re1ab'orhps and underslanding Ihal growbehween people. During Ihe parKJ8N this piesonce lo peoplo bKomes mcye inwrtanl becausB ol isolalion and loc*dLWIS, We ergage in actbvib.es lor8<wljustice ad tho enviionm8nl bOue clihe th'gnily cleach and the gift olcieaiion. ourcomrnon homo. Pemicffls, letter willing aiid meeb'ngs have resulted In rnajof grovAh ol awarene. gaI deveentS in human righls and Climate e5. We have tbula to th9sereIts, alb1 in a srnall way. la¢tor$ I
u Tho trustees hawassesved Mai risk5 towhSch thg thBrity 1$ exposed have 8slabli4h•J eff8Gkn $yE15 to tnitrga* ihc68 risk$'. and d8ci•asln Young membws ol Ihe rharityare In thepYoces8of iKreasirrfJ wrth lh8 )ung ger[01 to eneouragp new memra Deci&sing Irmrng 18 i ¢¢mbmJ rosum cldimini$hino rfwrbfjrnl4.pa numbwofdDnor8, aNJ thè wesent ecowrAc climal•. Siglers ty to thd new ways Ollundrarj and ma.1¥jthO E¥tryèlkn wa5 n)adg to attrad dDWS andto control costs. Twsl88s resinxthd the invesmBnl rel( gjme clthe fur¥Js to gfjnorale rn¢xe Inccffle. ulure lan5 and actlvlties Care ofthe ddeily, fraw and 8Kk S[SlI conlbnuè b0 an imptyla)I p8rtof Ihe 3diwtK5 01 MMS. Slers in lh&UKlIc0n1MWIhQilja1lnVO1Vernent5. aslar83theyare8ble, accordngtolhèactiwl listed in Ih's Report and In cOMlanC0 COVID.19 rggulalim. Rawsw Iho lutwo01 Ihg Clwilyand how lo manage Ihg luivre. GNen the age structure of the Membpt5hip. ik TNslee5 lknve continued to affirm the si51g¥s in their varK)u5 charitable wiks and foresee Ihai Ihe sist5 wll continue in these rnKw51n'es their hÈalth and eneigy, a5 tho pand8ffl alknws. The Tntstees apprecbaie the la¢t Ihat ts 5isleis &e a hgaling presence lo pwtyegnd toone aTr)thErév8n when lh8iractiwS are very limftod.
Financial R rt forthe eaf 2020 Asummaryofthe yearfs rewlts tan tefr on page 10 dthe xoxntg. Chartys totsl inming resc4XC8s l(Y amunted to £325,130 c4Jrnpwed to £393.252 in 2019. Main source$ ol income wem donalYJns. subs4ly Ircyn the Swty's Generate lo support oldèr and iemuneialw olkn) SL4lers, pi¢Jceeds recwved trom Sister9. thionAppeal$ in 2019, Resourts$ expended duriry 2020 fran Ihg Genwa Fll wre £197.708 whKh indud8d Ihe th)Tr8llon to overseas mlsth oflhe General Assembly. The T$[e@S acknow the gCngSUPpQrt c[ of Sisters in ResYJ8nbal ¢aieof£65.4a4. In 2019 total resources Èxpend r@£297,77B. ThÉ Soryely hasm unp8KI volwloern and r8C8Néd no donknns in kiThl. FinarKial The balancg shèetr shows 1014t assèL8 01 £1,232,324. FNed assets are tsnGIN8 assets d £323,450 inves1mts c1£136.306. N8t cwrenl a59ets are£772.5e6. bdances Genwal fvnd is £ n2,299 lo1h £4C6.038 arekngbk ass•tsl. The R•ierye fvnd 18 £250,0. T.$ deswod lund is a $unI amourt to¢oYer th8 SUPPJrt andw¢th of tho 91siers In Engbnd. 11 can bè used by decIsnS ol lh& Tru$lees lo 85sisI cash flow when nec68sary. 11 used. il L5 lote ieplpnish8d Iiom1189 r•sèrvesa5 Ihoy accumulalg. The Fund hos not boenlouched in 2020 The St818 oftho re39 ld 18 r&¥tt•nnUIIy. Tho Carn Fund wovhdes loi thg rare needs of th? gldorty and Sick ws¢ern al home as In r88tsJerthl are. The Cor8 Fund #lands alE201,374 al the end 012020 Reserye$ Polic Medi1 Mission &slers' pdky19 lo hold largo Ir88 regON8$ b) any Unil but. If possibk, lo Fnake avalaÈ4e lo IheGoneralAdminislrolvJn8 portY)n olavailable ca$hlo benefiln8adyaiea5 of the Sociglyin btsmlssknary ound Ih8wbJ. Flee 1osorv8s ale thosè Iwds whTch are over and above our Mthilib'es and Ihe d89ignalS lunds. 115peoal puipose funds are needed UK the98 may b8 Sel up by thp TIu51eo5 Irryn118è a dialtraue with Ihg G8ner#lAdminisliohon. olfree re8eNe4 Th¢ &)u'ety of CotholK Medl¢al m'sOnall8S IMMS.UKI Charn. aNe Trv51 aims to svpport Ihg Sislors in ththr relgious lile and in Iheii tharrtabL9 [k$. To Ih's end Iho Twsl has expended re30wcg8 lor tho s"1u31 and malwal wlkbging ol Ihe SiSWi$ a5 Ihoy about Ih8ii minislries. The Tru$lees have also aul1K)red donatyjns loc8rt¥kn h8vo #imilar wm$ toourTrus1 ¥thvCh 9¢er5 maybe Krtlng. R¢sk Thg Tiu$lees, vith Ihg one ststf mwiber, have IdlIned the major risks lacing Ihe Charity. in part'cular Ihg finanrial. Vraln81 and coThplh?nce control$ ln ordvr lo mil4%9 Ihe risks laced by IhB Ch3niy. A riyk rnanagemenl re¥W b carld out pn January each yeaf and 1$ dccum8nled in risk rojthr. wh'ch ' 8vailèNe lorihoanrojalaudil and lolhe Insuiance wnpally. 2020 attenlon was gNenlodevebplry a Dala Plotedn Policywhith 1$ nowon ffile. Gilldelines have n rpLiveiS iegaidiw a S8feguardhg PolKy whKh 11 be de¥ebkEd m 21. Ingui4ne prem18 have been YUded our irw?nce ILvLe9al issu98 and Cybercrirn aTrJ Figud in2020. Covid.19 ndemic The twslee5 haveconSered emergenceand spread ol Cov*19 vtNg, 8nd the iry)au th has had on Ihg drity. Precaulions have been iaken to proled the Si$18t5. whKh have 1 had a 91[an1 imp8ol on the cosl$of lttecharity. Ihjwh the levd Oldonaln3 has tw lowgl. Ba5wJ on Ihe in[(Knia.Vn avall8b to Ihe dale of gNIng Ihesefinanclql statements. given the charity's asset ba58 and cash Ffjsrtion. the Iniy19esdo Tr)t bdie¥8 thatthis global event indiGales a signifuni UrrtaInlY which maye3 doubl up(
thecharty's 8hlrtylo contr'nue OF4ralKm a5 a I1ng conc4rn ts at 981 the next 12 rncffjlh$from thedate ofapproval dtheye ocmunt8. d theiraulhori The T[tee5. byAnl¢lg 3111 ol the Chatitabl& Trust Ced, m8y'IMsI any mrAw lomiiw w of tho Tru31 Fwd by ang the same in the purchase olor ai inleresl uwn ihe se¢uiity 015uch si(Kks lunds 5ecurib.es landbuldiryjs chattels (Y investmenls orpiopetywhalscev¢r nalure and Vthereverslluatea whelher purchased ILY the produclk)n ol orfwcApilal apprecln or for adu21 rtcupalM us? or ¢njo5ryMenl ilweof as tho Truslao$ $88 fil". Tho Twslees afe guided by poliries Ot the 1C31 missil sle[s (egard invesimenls require Ihal funds ba Inves1 iniways which 818 sISten[wIth nsrntssion th81 i5"in 8olaiity 1th thosemadepoor, wlh U pwwlegs aTrJ thoSe th areoppr859ed". Tnjstees'res ilh re ¢olh 1$ Tho Tiusiefrs are ffjsW¥ie for prepaiiw tlw Tru5tees' Annval and the ststemenls accordare with a1(able law and the Unrtod Kingdom kcountw Slandards Iunilod Kingdom Gener1¥ A¢ceple(SAcGounts'ng Piatticel Including FRS102'Tho FlancIal Rewrting &and?Id applTrb19 in Ihg United King(bm RewfAi¢of Irela. The 8pplic8b lo tharilw in EngL4nd and Wales rqre5 Irust88s to k¥gwe finanual sLqlernents for each lin8rtL41 yeaf which gi a and 18ir view ol Ihe state ol allairs of IhB Chaiily aTrJ ol in¢omirnJ re8ouice3 and appli110n ol ffjsources, induding lh8 and expendliwe ol Ihg chaity lor Ihal In preparwc Ihe far1 slalemenls Ihe Iiu$lees are required lo.. ¢1 Selecl suilable 8co)unling piactiC89 and Bpplylhern wn&stlly'. Obsgrye the melhods and piincipbs in the Ch8ri1ies SCXiP', Make iudgemen15 and eskn'matss thal are rgasonabfe and pwdenl,. Slal8 whelhfrr appliGable UK occounling yl8ndard8 have been lolmd 8tt4'8cI lo any maignal departur88di5cb98d and exptsined in the finarla1 slalwn&nls." and Prepe ihg financK41 $18lem•nts on Ihe goino cowein basig unless il is InapproprLgtelo presum9 thallhe charfly1 coNinu8 In TheTrUsleesaioiespoMiQ lor keeping propwacccwnlingrecoidswhichdisdose. wlhreasoDabFe8ccuracy al any hme, the financ4alp1Iiln olihp Chairty. and Énatle thfjm lo ensuie Ihal the ¢8¢¢myith th• CharilwdsA¢12011. Th9y3reaso $sible loilhe Safewdlng ollhe asset% ol Ihe Chaiity and, ke¢. lor the taking olreasonable Steps for the dolt and wevenbtw of trAud and othor iiiegulaffjies. The TnAtegs vmh to r8oYd the pioles$lon81i8Th and dBdicalion of Ihew staff rnber, whts18 lh8 Fknance Offter. and IrmdUal members ol ts ¢trwr8g8lH)n. On behaifolthE Lynne Rooker Chair ol Trustees Date: 30 Sptember 2021
The Society of Catholic Medical Missionaries Ind8pendenl Auditor's Report lo Ihe Trusts8s of The Sodety of Calhjlic Medical missaneS Opniorl We ha audit•J the finarla1 stathents olTh9 SOety0f CattTrJlic Med1 Mi8ston8ries forlhe year ended 31 D8mber 2020whiGh comprise the St8Men101 Financial the Balan¢e Sheetaj relaied notes lo thlinancl 5talwnenis, Inc1 a yjmmaryof signifranl attounling poTrLies. fillanCl rèport'rg Iramework Ihaihas been appld in their prepaiaiion appluble law UIMled ngdom Acco1ng Stathd5, indudng FRS102'Thp Flnandal Remmg SlantsrdWic4t4e m the UK and RePU1¢Of1relalld' IUTrled .ngdcffl GllY Accept ACCO1 Pr191. In our0Fin th9 fin3nraal statsments.. giv63 trueand law viewdthe Sta01 chaiiV5 aff[$ as al 31 Do£r 20 aThl ol its irwnviu r680uieAsand appllcatKn ol resoweeslorthe then 8ndgd,'& havo propvly prepared kn aCcordanrth Uniled GewalyAcceplod kcounlk Pra¢u'ce.' and have en prepsr8d in iceuthrKe with th8 requirnts ofth9 Ch8rhlfjs Aci2011. i4for opinion We condu¢leOour a¥7 acurdanco Inlernlltional st8rd$C Audit ILK) IISASIUKII 8Tr apF4ab law. Ourrew$ikn1idesunr thos8 Starxtsid$ arèluthwdescrbed the Avdtlor's Resp)mbilili09 loi autht of thefinancial slatsnnls sgdKnol our ieport. We &e indepfrndÈnlof lh8 ch8rityin 3ccordancewilhlheelhul requi18ments that art rdevant lo our oud'l olthe financial statements in Ihe UK inCding th8 FRC'S Elhal Slafjdaid. andwthavefuKilled rothere11Cal ièspMibilitk95 in acrKrde wlh the58 iewremgrt5. We beIve lh* tho wdil ovidence we oblaned19 8uffKionl and awcynate b8sYa loroui ophKn. Concluiioni ThI1ng to going ¢oncem In audithgth8 fmancrdl stslefflts, we have [CclUde¢llbdl the truskn, uge(rfthe gc4rvJ ccncem ba8ls of acnIn0 in the prepa1a.fjn ollh8 finarla1 glaigmerlsis appffprmtg. Based cn w6h)¥e porfo[nl, hove not idenithed anymaten'al urtal5 febllng IoMI$ or condiQ'on$ that. indNidv8lFyorcolecli¥aly. rnaycasl sinificantdoubt on thè¢hariWsability lo ConnUe as a gThng concom for 8 wthof al Nv8lve months Irom vth&n the fin8nclal ststemtnls are auihoiY4ed li¥ rJsue. Ir reSpobIlItSand th8 re$p)nsibi11188 ofthgtrusle95 rosFt0pm9 conceln ar¢ de5crihJ the rdevant$È¢liorn 0fth rewjl. Olher infomMUon Tho other knfomab' cony8e5 th9 infoimadon rlLded th th8 arnA le, other1h linarKia stalemÈnts and our8udrtty's ryrt Iherw. Tho tnJsl8a$ are respon9 IrA the othpi inlDrTnaliJn. OUT opjrmon on Ihe financkql 5talem8nis does noi wver 011 inlorrnth'on and. exc¢pllo Ihe oxienl 0theN$eex$9l8d inourrwt. Vyd expressanylormof8lrnCCmds)n the[K. In retn with w auditoflhB f9¢1 6tathènb. cr responjibillty i¥ torea Ihg Oth81 and, in d(iwJ 30. Crser Ythelherth8 olher infcfination malerFalIyinc(fft5Lglenlh the financkgl $laiemonts orour knledge0b1aIned In Ihe 8Lklitorolhernis& apwrsto bo malenlly missialod. If id8nlrfy5uch malerial inton3islerKies 01 apparent mater1 mi551alemenb, tip requKed lo delermine vthqther Ihere 15 a m310rial mYs51alemoni In Ihe lironcial $laiemenls or a maleik31 m15slalemenl of iheDI inlormabLM.11, based on the workwe h9ve pethmed, we condvde ttMI there&8 a malprial misstalemgntof Ihls dher irforfflakn.. wee wuired loréport Ihatlacl. Wg have nothing IDie[m li thiy regard,
The Society of Catholic Medical Missionaries Independent Audilorfs Report lo the Trustee5 of The Society of Catholic Medical Missionaries (Continued) Matters onwhich artrequired io feportbyexception We have thing lo rgtK)rtin resPQCt of matters ere charis 2011 IBqures to rek¥M to you Il, ourowrrt)n' the inlc¥mabon Ven in the Annual Rewiofts TnJstÉes is incffisBtenl inanymalerial resp %Mth 51alemenl& 01 Ihg thgntyhas not k9Pt adoqLWtg ar£oundng ¢d$., c the finartial stsiements are not In awgwert 1h the acrA)unting 18cords aNJ reiuins,. we mi received alltha Yknrmaiion exsAanathn5 wo riquiig for0ura. 1ponli.1Ill29 ollruJteei A$explaid lulty in Ihe Iru$lg95' ie5ponstAlIe5 etatsmenl 501 ouien pag8 6, trustees aro responsib1 thè prepafalion of lh& fin8ncl stat£menls and l¢r beN9 satisfd that th$ygvea Iiu8 and fair viow. lor $urh inlein81 ¢onlrol as trust5 delemTrine is necessary10 enable the ptepa1ab' of rinandal 8tatem8nts Ihal aifyli88 Irom malerfal mis81aMen1, wkdherduo lo fraud 01 err. In prepariru the finanual stslemerts, the IN8108s8re 18skyJnN&IL¥0s80ssfflg thethar#ls ab1Yt0 (Xnh'nu8as 8 wing cowin. disch)sV, as applile. maiiei$ rdated 10 going concern and using the going corfem b851s ol accounling UnSS Iho Iruslees ¥ilend to Iwjuidato tl ch¥tyty cease cweraNons. 01 have no wdi81icaK¢mali¥g but lodo so. ExpLinallon osto whatexlenl Ih•audit conshleTed cipableof d•t•ctlng Irrtyulaiith, ihcludino We haw tfjen apwwtsd as 0J11 undw 8ection145 clthg Chwits Acl 20119Th1 feport in acwrdance h re0n9 m0 unders8ctiDn 154 of Ihal Acl. The obietths clour&'t in re$ped of lrnud, are,, to id8ntyand assess the iiiks of m8lenal mts$Lglem8ni ollhe financial $lalemenL du8 lo fraJd'. looblam) sUtIKwnl appiopriale audit evKJ iegard'ng Ihe assessed iisks of material misslatsmenldue to Iraud, ttTriough desKJningand implemonting aryiopiiale respse$ lo Ihose assessed risk5,' and lo respond aFvoprialdylo inslancos olfraud 01 svspe¢ied fraud idenlilied during Ihg audit. However. tha wmary iospon$ibility th8 prevenu'on and delecdon of fraud resls manogetnenland th8 Trusle85. r approach wag as lo11&.. W8 oblahed an underslanthw of1 legal and r8gubloryMqulrements aw#t1P11h• cOrnpAnd thal the nMt swr¥funl afv iho Chiriligs Act 2011 We obtained und&51andNJof hrywlhe chanty comklms Ih858 requirements fy di9pJsspJn5 wAh mirogemeniarl thc¢ethaw&1 vlth govgmm We assessed the risk of mlerial misslalementcrf the financial $tatem8nts. indudrvJ Ih&rtyk of malg1i81 mi8Stalement(knè lolraud how MJh1 cuur. by hokjiig dis$%¢$ *ilh m¥•meN a1 those charged with gLManCe. We inquiredolm8Thag9nwnl and Ihc6e ¢hargthJ yovernarts astoany instsnces 01rn runplHnc•oi SuspectednonQMnca Yilh kiwB aNI rwlalin. Baswj on Ihys wJerslandSrrtJ. designed speufr apWleaJrt wtX9dureg loijwlityknslancg$ of )n-complian¢e vilh IM and regulations. Thi4 I[uded making 8quI85¢1 managgmenlarK1 chaiged vilh 9ownarteond oblainirY4 co[roale edena5 iequired.
The Society of Catholic Medical Missionaries Independent Audilols Report lo the Trustees of The Society of Catholic Medical Missionaries Iconllnuedl EwlJnatp)n 01 lo whatextenl the audit was consthred capable of detecting irregulle8, inclu(ling fraud Iconlinuedl As part of an audit in accwdancewth ISAS IUKI weex8rci88 PYLI85SiM8ljudg8m8rt manta eB5ion815C8pllrism thi(wghoul thè audil. We also. Id8nb'fyar assoss Ihg risks olmalena rntsgtatsmantofiMfknant4'al stat819, wlhOrt k)fraud 018rioi, d89ign and rfOrM audil pr¢c4duie$ msponVE lo risks, and cotsin audit en¢• thatls suffthnl and appropriate to wovth a basis forJrOpk)n. Tha nsk ol not dets¢bng a m8tsrlal fflisstalernent resulb'NJ Iiom fraud 15 h1[ ihan loi om losulong trom eiror, as fraud may invo Co1510Th, I£ry. inlent'orol 1581]n5, mrJreFYesentationg, or tho tyeffldè of intomal ntrOl. Obtain an understanding of1fi18tnal (x)Dlr(l Tekgvant tolhe audrt in der10 deslgn audft wo¢¢dure9 ihal are apwoprpate in the ri1M5ce3, ml forlhe puiposes olexpie$$ing an opin on the effe¢tNon6Js of charW$ Interrd ¢onlivl. Evaluate the appiowithn8s8 clgLcJJnling wlieB ithd andth8 wonab18ngssof aCMu.d eslimales rdaled dcsu[e9 mado by Tmslo09. ConclLYle on Ihe appropri£ien89s ollhe Trustees use olthe goiw ¢eM ba515 of accounlirMJ on the 8udil e¥nce0btslnfjd. wh8thg1 a malarial unrth3intyexists rebatsd loeventg 01 Ih81 mayc4918ignffic4nl doubt cfilhe eh¥rtysability loconb'nu8a8 a gn9 conrAm.11 C[ClUde Ihai a m8twkql uncen8lntyexts. are required lo drawatsnlon in ouraudrtor's Tewrf lo the rek3led disck%ur89 in th& [an¢&91statents or, rfsuch d'sclosu8 e inadequate, to modfyour OFknif#). 0 concluslons 4r8 on th8 den obl£ined upto dote ol auditor's repjt. Ho01. hrturè gvgnts or wndilKns mayc4us8 the thartyio cease lo continu& a5 a Ing conc4m. EvihJat•th8 ovgiall wgsenlabon. $lnJctureand cthont ol th8 ar#1 91ements. InChir( tN• dix105ures, and Ythoth9r ihe finandal stalBmenls rewe8¢nl Ihe wdedw'ng lrnngactlcrts ovents mann0r that a[¥88 labr pre8enlalM. We ccrfnmunlcalo Ihose Eharged w?Lh go¥eman¢e iegarding, am9 other matters, tts planned Scope and timlng of itte audrt $Tr1can¢ audii findings, induding any sigrifthnl deficienc in intfjrnal control Ihal w Klfrnlifyduring Our# Useol our r•p3rt This r&pDrt Li made $elY10 the chaiivs Intsteeg, 09 0 i•dy, m accordanc8 With Chapt8r 3 of Part 801 lh• ChaiiiS Act2011. audit h35 teen undertakw $olhal we m¥Jhi S910 Ihe ¢hanty¥ Iwjtses those maitets wo e qUIred lo stste lo them in an gMI'ic<g18POrt and lor no otrr pwpoge. To lu11851 extentp&rmitted by hw. we dD accept or a5$ume 5SibIlitYtoanY polty0th than th8 charftyaTrJ tharty9 INstse5 ay a brJy, for tr auditM)rk. this ropth, orfor thèoF4'niM ha¥9 loimod. • )ore Kln9•ton Smith LLP The 5PPirIj 8uAding The Old VI Fac ew Road Hay8$. Lo U83 1HA charter ACCOtants Staiulory wthtor Dale.. 30 S8p18mb 2021 mrre Smith LLP isibkto acl as *Aoi it)19rm5 01 S)n 1212of ihe CcrfnpaniosAct 2008.
The Society of Catholic Medical Missionaries Slalement of Financial Activities For the year ended 31 December 2020 Unr•strkt•d Finds Restskted ijth General ¢u$todlol D•skJMled GErw41 Nots Fund Fund R•s•r¥45 Fund Totsl 2019 202tt Inc¢me from., Donaliw6and leycies Charille&lffts Slw¥tsand beneffts 41)) ,846 157,016 140.41S 64,ODO IC6,974 seckrfTe Intth IrbvesirnenL4 Okn¢r 78,941 78,941 76,092 6,490 63,277 Totsl S6,$ 1224 325,130 393,252 DDno1iDr&lM's&ion$ Eyrffjes sEtyfOrffl Clher 96,834 13,373 7,2LhJ 50 12.767 177,135 274,520 13,373 16,2 7.200 6,960 T4)l•l•xp•ndStN• 119.407 50 85,484 12,767 1D7,708 297,176 Ilptln¢om•ll¢xp•ndJtmlhlorn on Inv15kn•nls 143,1 17,5431 127,422 95,474 1251 1251 2,7 Iltln¢omeqexynthir• re Ir8nslws 146A41 350 16,5751 17,$131 130,873 98.208 Trinsl•ryJ•etMn Funds 140.441 la,5751 17,5431 130.613 gox Totslfund5 broughtfwhwd 575,8S9 459,949 61,263 1,101,851 I,,3 Tol41 lorw4 1131st0•Cb14o 14 722.299 4,931 451.374 53,120 1,232.324 1,101.651 TheTO Th)wugnlll¢dnr10e•efj the perfod oblerthart the ¥LYpivJkrtheye¥glKphn Ive. AJlth8 aLk)ve iesulisdeth IrcfD¢othungOlUe5. aTrfvgnot45 fonnAnlnl&Jt81 ttheseaUnts. 10
The Society of Catholic Medical Missionaries Balance Sheet at 31st DeCemt1 2020 2019 2019 Flxed TangAÈ a59•19 lo$1m8$ 323,49) 136.308 313.X11 133,057 459,758 446,358 CoilBctron$ in prtyro58 Deb1($ Cayh at Ca¥h In hèno 13.373 2,180 719,763 250 3,215 841.055 2&J 12 W.52 Credits. knnts lalllng due ithin onEyear nsA66 71.951 80.273 772,566 655,3 Tolal leii cuir•nt llibl11¥ 1,232.324 1,101.651 Ikt4uets 1.232.324 1,101,6SI Fund General Fwd lunrestri&edl t4 7Z2299 575,858 Cu51odi41 Fund lunrethctedl 14 4,¥Jl 4,581 Other D95vJnthd Funds 14 451,374 459.949 RestrKl8d Funds 15 53,720 61,263 1,232,324 1,101651 The Xrtsnyrlj Mtes knmi an int part the58 ¥tatements. Ap0 and 1hsOd for p6sue byts TnJsW J¥Jn&d (lheIr tthir,. DtIk1 Cothlor
The Society of Calholic Medical Missionaries Notes lo the Financial Slalements For the year ended 31 Decembei 2020 1 AccouThling Pdicies Asummary cllhe InpaI &CCAJndry polKM thpted, 1uthJemts aThl k8yJurc88 ol esD'mation uncertainly. k8 seioLI tth,, 1.1 Basis of Preparats"on The fina1 slalemtnts have prepared ift awdancewilh the Sl8tem8nt ofRrtommended PiactK•'. AruntIng and RèpDrts'ng by Chanh'8s wepaiiw therrattounts in 8curdanc8 with F¥wncrJl Reporting Standard appIe in Ihe UK and R@puoI Ira IFRS 1021 Ued on le July2014and thè Finèncial Rwming stdard alGable in the Uni18d Kingdom 8rl Repub.¢ of Irel)d IFRS 1021 and Ihe Chails Aci 2011 im( Gerbgfdlty Accsptsd Pr4¢ike ag il 8pplbs Inm 1 J2ry201s. Th accounts IfrjaI Ststsmenlg) have been prepared togwa a'kn and fairf eW and hA departe¢ li¢m the Ch¥1h'eylAcnl5 and Rew)rt81 Regulaiions 2008 lYt0 the oxi8ni required io provide a and laww. Thi8 departuro has invdvedl0lin9 Accounbng and RepNbng by Charilg preparnKJ the4r accwits in acwdarte Financi81 Repothng Slandaid applkabTg in tho UK and ROpUbl d Irepand IFRS1021 issu&a on16 2014 ralhei thon IheAccountingand RopolliryJ byChariti05.' Slatemgnl R8cornrwdod Pra¢l¢e0ff8Cve Irorn 1 April 20)5 thich has been withdravm. Tho r8gisternd charb is a putrA t0[11 gnltylor ts purpo89¥ of FRS 102 8nd Iherefoie ha5 also pwepared ILS fiMncts15tatemeTrly in accordare wilh I Slalemenl of RKcThmondgd Pia¢k8 aFfAicaNe IDchdribè9 preparing Ih9I18ccounl9 tyi accordance vlth Final Rep1 Slandord opp1kab in the UK aTrS Rgpublic of Irda IChanli88 SORP IFRS 10211 and th8 Chaiilk?s AGI 2011. Thg statBwnls ar8 pioparad rn 51erfing, which is Ihelvnclft)n8lcurrgrwoffvcTrmpany. Pknelery amounts in th890 fvanclal 8f8tsmenls artr Thnded lo the w8re51 pound. The fwancK41 $t8lem8n18 h8¥0 bothTh prep818d on the th910ri¢ cost convOn, m¢dthod bytho fe¢¢gnitbn cl Eortain rAnb? fix&J assets. finanal assets and liabilitS measured al la51 value, 1.2 Gn concem Thesè finaal stalemenl$ gre w8pared on Ihegow concem b891y. Th8 Iru$te8s assessgd Ihg clwrivs abilty to cthilinw os a grAngconcem and havo consthred possibk 6venly or condiuons that miqht cast signthcanl dLwbt on Ihg ats'ltyol the cnbIg companylo cen. A8 part of this, the trUs•S have cotsed th8 imfv Cl1 CO19 pand8rnK, 'ch re9ulied in 8 Idl in dOnati(X bui ovorallhhs not been fiTrancidtysiynnlcanl. The as6es$menl Is IOT a period 0181 knl year from tho dale ofth8 approval ol these final staternenls and havecondLted Ihgl Lhere are rKJ m*iql certaia5 the ch•rityggbiPtylo ccmb'nu?. 1.3 Income Al inwmft recthJnBed isenmlemenl lo the funds, Ihg receiol is and WnrCOn b8 m0asurl rdiaW. Incomo is presenlod inclu$we ol any reLgled1ox crerfil. Legw Inccffle is rectyiysed al Iho dal8 olenlillemenl. whith i4 ¢Jeemedto be tho eaTler ollhB chty receMTrJ nob'fKobon o18r>impendwy disiribJbDIi, 01 Ih81ggacy bdng r8c•fv8d. 12
The Society of Catholic Medical Missionaries Nol&s lo th8 Financial Slalemenls For the year anded 31 December 2020 Iconllnued) cOunng Polkies IcoThtknuedl 1.4 Expendituve Exwoltse is included in th8 Statemenl cl Finan041 AcU¥ity'es Ind1 of anyvATKh ncl iew¥eNJ. Exp8nditure Li recogni58d on an 5ccruals basis, once Ih6r• is a l•gal orcoDsliu¢lNe obligalion lo Iranslgr a¢cmmi¢ benefit to a third pwiy. rt is probab Ihala traTr81er of be[lIslI be reqult&J In 8eliknmI and ts eM¢YJrt otlhg Ot4igatson ean na5ur8d rdht4y. Exwndlture 15 alkncthj dIrY lo the 8xwrdture he&thrKJ$ aJlor a$ practiclty possibk io lolkdthfy of th&£tswUrerthfr 8cINltyh8ath'ng8.' Expendiluie on tharrtab actwrtl05 Inc$ Ih05e direct C0515 and support M5L4 reL4tirg to of chariVgobi8¢b'¥e8. Staff costs arè 8lktolbJ to apprcyrlate eyndthJm c8ttyuMs ty Toler to Oslknatsd tkno spènt by$iaft on ath'[8. e¥p8nthluw mprwts itqmi lakn'ng into anyclher hoadhg. 1.B Forelgn CuFMncleJ Transac1ns3redp8h ilh at ts rai• Lexchanga yfftilng B1th8 dots ol etraC1Jn. 1,6 T4110n The Soaèty a 18lllsitr&J th'lyand as tfthg actNityi$ cain&J t. it IS 0xernpI Ir¢m in¢cthfrand orairm taxes. 1.7 FIMed kn$et• and DepreEiidon Tangl fixed a$$els are staléd alu$l1gss acojmuhled deprwqkn 11 co&16 iUrr8d in purchAse er•th3MentOrfiKad as¥et3 ij Inc1e. DgpYec4ab'on rrfo¥il&l onfixed Vmy are brought inlo u58, al iales vrttt• ¢ft thg CO91 d tho 1858ts over th8ir us8fiA effeLttNe Iwe3, The rales u3&J are., Freehokj land buildingg Fnrtu18 and equiw)8nt 2.5% 51iaigM lin8 25% aWI Jsets wth a Yalueoxceedn9E250 are¢apitLled hlhe3e aUnt3. 1.1 Fixed 15set investhwrts IntMentS ate a Irn of basic financial inslrumenlEnd are iilialy iècognisedat .1 transadicn ye and subsewenllyrngaguredal their lairvalue as at the balance $h8et date u8ing Ihe cjosiry qwled market Tha Sialemenl cl fin81 aG1w1894nCd9È the nel gaMs gnd losses anslroon levaatn and dIsPaL8 1hrh[ljl year. Th8 chan1ydllola¢qUlre wl d8ri¥aliv8s oro1hermmpX finan81 InslNmÉrtS. 1.9 Inveslmenl pain¥ and lo5 AKgaN and b5s•s aro takgn to thB aièment ol Fin8ncial A£thKs as IWark. 1.10 Cash and ca8hequivalents Ca3h and cashU31ls [Ude cash in hand. deposits h8kJ al ¢ll wilh b&, and olhersrt4e investrnon15 with cryinal maiw'lK5 of three th$1 kgs, 13
The Society of Catholic Medical Missionaries Notes lo Ihe Financial Statements For the yeor ended 31 Dember 2020 Iconlinuedl AccoTrung PolklEs IcoTrllhuedl 1.11 Fihan¢6al inilNments Finonci8llnsirumen19 ar9 rsed in the baLgnce sho•tlth bgcomes conliqcluèl pr105 of Iht lnslTumI. Basic finanfial ind li¥.1188 are inib'a11y r8cowiMd al transaction valua aThJ wb88qwnlly rnfra&U ai tym0rtis ¢051, wng Ihe offEdwè Inleresl rale melhod. OthwfinBnts•l8ssel$. Iud inv05fvntsin 8quityiMtrum8ntswhith are nol oriunl venlure$. 8ro iThtsally Measur al lair Yalug, is rmillY Ihe Iransaclion pnce. Such asset¥ sub$wu¢nlty Carried ai laii valw and tho ¢hgnge8ln14ir ¥akJe8re In profil 19. 1.12 Fund AccouTrW Unr••irtctsd Genei•l. tund8 Br6avaik4bkn lo wond 8tlh8 thwetionof th• InJ8t••i in rthwaaCIthe Obied¢> of the ¢hartty, ejigDated- Ihv• oitfund¥ a1hc8 bythe Tius¥ aThJwov8d bylh8 G¢nora A68ombly for Partirulai pvipDse$. Cuilodial- th91• are d9119nldJndI thMnY4ternd by Omlicl Enland on buhvjlof Di81f1¢tsoverg&. Reitrkted. th899 luTrd8 th81 gre onty ¢0 be uatd sp•¢ific purwsii. 1,13 Exthnknrn10141lyIng enlltlej The chgrity haB18k¢n ad¥4nt899 of Lhe exemptton Irérnlhè i•quirgmentJol Module 14.. s101 C15h flows io w9pare a ststernenl ofc8811kn9. Wer lh• Ch•ril'•s SORP2019, 1.14 Crmkal accounllrvJ eLat•S andal oljwJgerr*rt eW ollhe 1ruy1 applying Ihe 4tcounltvJ pdityesadowed. nojL%Igemenlswe i•quifod thel heva 8 $TrIfic8n1 éH8cl on the 4fflounl$ 14Mgrnsed In the financiil teentS ftordo 8Ayl8brnaiu rx 8$$umplTh)$ made ¢Nrry 8 sigTrrfreBni iisk ol rn•lerial adjuilmonl Ihtr nexl finnnciAI yeui. IKomefrom doniloni ind 9#cle5 Resld•nllal General Cu$todlal Cave Reifvicled Total Fuid Fund Fund Fund 20211 Tolal 2019 DonolMI Le94c Funthai91rrfJ 4nd evertB 49,546 45,000 400 56,846 5,224 112,016 111,977 45,000 IS,(9 13,373 94,546 56.846 5 224 157.016 140,419 Re¥identlal Gentral Custodtsl Caie Restiicted Totsl Fund Fund Fund Fund 2010 Incornèfran I$1M¢ts 2019 IKDJTrW[n9 frorn Mveslmfrn15 1711 from ¢85h depD5ts 1,399 Total Incomt Aring 3,714 5,87fj 614 5.110 63 5,1n 6.490 14
The sIety of Catholic MediGql Missionaries Notes to the Financial Statements For the yeaf ended 31 Decembw 2020 IConlinu8dl Relenti Care Fund 4 Donatiorbsjmiisio Expemes Qenora Cuslodial Fund Fund Rubictsd Tdal Fund 2fdO T¢)tal 2019 Dlr•cl¢hRnhth•xwndltvr•.' Donatims1)ns expon58¢ 17.916 Olhqr donalvjns and gffts 83,450 104,034 275 General exFen¥e5 se oper8b"ThJ ¢0gts L8gal and prde$8iJn Oepr6cKqh'on Bank Ghar M88hr¥J$. tr8vel8nd ¢th•r suppjrt 1,767 55.076 7,376 13.182 127 1,767 1,389 ,076 62,732 12,767 20,143 88,335 13,782 14.070 127 2.790 3.572 98,& 65,484 12,167 177,135 274.520 6 Othercojts Rmidenllil Qoneral Cu4todl41 Fund Fund Total 2020 Tothl 2019 Fund 11¢rf$r8mur8ln1oi'. dll199 7,200 1,200 6,960 6,960 6 Stsff Go 2020 2019 Wap89 and salariB$ gmal gerudty COBts B.040 6,920 8.040 8,920 Nmb•r0f•Y•e¥.' The aveiage rnon1hlyrnbQr ol emplo$Urin9 th8yew w85 Th0 90uotyconsld8rs its keymon#wnwl prnonnel lo coryiiye the trustees. wtte receTrTd empbyee bonef#s olmorgthan £f,0. 7 Trnstws. Renwneralion tnJstee5 receNthJ remun8r8tDn thursorvt8$thJring thgpar12019-ThJn91. truslegs wgre lMlrsPd 'theYearl2Q1g-1 Iiustso lotallng £275for rqpairsl. 15
The Society of Catholic Medical Missionaries Notes lo the Financk?I Statements For the year ende(J 31 December 2020 Iconllnuedl 8 Fixed PAsets Fwnbture Ass+ts Under Equlprmnt construcdon Springfield Clltherow Avenue T(rtal Go$1 a11st January2fJJ Additw DLP)sa15 Other rnoveme 49,950 ,49D ,176 30,316 1,441 79,516 555.958 23,931 79,516 179.516 AS * 3181 DeceTr•r 21Y20 151. 3,]76 31,757 579,BB9 Dey¢clJdon 811sl Janwy20 Chargeforlh8 year 43,918 2,312 170.021 9,905 28,718 1.565 242,657 13.782 AS 3151 Drnr2020 46,230 179,926 30,283 256,439 Book Valu¢ at 3181 D8rAmt4r 2tr20 ios,n6 216,2SO 1,474 323.450 AS al 3181 Decgmb8r2019 6,032 226.155 79,516 313,W1 Th8 other Ir0 r•fos tothe Sw'ngfield io•J IcltextengiN th'¢h was previtylyUn&[ consbiK •h1a5atAugU2020 IhL4 carrffj Into use8rKJ M8 thor8foro ifjdad andieciaied trorn h's dete. • Invegknents 2020 2019 CCLA Fix•d Int•mt Depot Fd Mark•l v8lue broutht lorward 011 J•rry 2020 Cthango in mthel Vdue Marht va ¢aNi6d fmrd al 31 DoGgmbw 2020 98,057 3251 101,306 95,283 2,794 98,057 Nalljnd S&ingJ IrKome Bonds 35,( Trfjse are held prffl8rity to w0vide inw¥Inl ieiwn lor1thty. 10 FMwnci* Inthmeni8 t]20 2019 cairng anwrtofflnancial as18 Debi irtsiruThnts measured al amorti98d oxt lrkytrumtj rnea3ur•J el lairvaethtOu and el9[U1• 2.401 101.308 15J45 98,057 Carylig •nounl olfrnanciil IhtrAI 5ured at amorti¥fjd 46,071 29,T82 11 Debt 2019 Sundrydebtoi4 rocwgNes and prwaynerts incoTh8 2,422 793 3,215 2,1 16
The Society of Catholic Medical Missionarfe8 Notes to ts Flnand81 Statements Fu thg yeai 8Nl8d 31 D8C8mt*t 2IY20 Icontlnu8d) 12 Gmh It 2Q19 288.317 28.877 8,012 148,898 28,677 Metro Bar& ngd Ro&J 303, 1&3,032 Depc4ttAccowrt8 908$$11¥e othjnt a738 36,289 1,813 251,348 23, lrne5tfflgnl munt 95 Day fA)op knL CCLldWI Iw 186,754 2,¢jAI 841055 719,783 13 Cr•dltorn: Amounts y••r 2020 6,721 382 29,400 8,960 404 25,2CpJ 7,2QJ P8trThony 71.954 Pfj,273 17
The Society of Catholic Medical Missionaries Notes lo the Financial Statements For the year ended 31 D8cember 2020 lthtinued) 14 Fd$ Brought Incomri tgoIng Glin5 and Tranthrs fArried FonYaTd Re90urcei Itesourcls Los$e$ Forw¥d G8n8ral 575.858 262.597 119.407 3,251 722,299 Oe¥yno18d' Cu91odval fvnd 4,581 SD Glh•rd•sWit•. Di81ricl Geneial R8$en11 Cafe 250,1) 209.949 459,949 250.0 2D1,374 451,374 .gCg 165,484 65,484 RIn¢ted.' SpiingfhJ Road 61,2S3 12.767 53,72D Totsl 1,101,651 197.708 1.232,324 rAJBt rare Ihw lund$ adrninislorvd by Dts¢t EThJknnd on t4NgITol Digth¢tJovor8eas. Di51ricl GenwAI R89gTheswo 1UTrthCètsd tylh8 G¢nfjral ASsb1¥Cl)ny1knd tob•tlwtyking capAal rffjuirem8t)tsltyihe DisirrL Tho Re$iddlal fAre R858rve Is ujed Ioc45¥0r8xtra carefur SL819Jg 1)gn 1 fiAtybJnded by H8&lh oiilie$. A transfarlrom gwwral fvnd8 w8s apprthd bylho Irugts88 to brtro th& loa18¥el reqr9S)rt Im SLPWrtof iho Sisters. The RéJlricl8d FuThJ hai 8n donated extsn8bJn ollhe Spiingtifjld piopoty. 16 Anal1 ofnet lund• Creditorn.. Amounts due witlin year Flx•d Currnnl T(thl General Fu Do51un£d.' CuslrJAI Fund ¢Jher Fundg 406,038 388,215 171,E41 722,299 4,931 451.374 4,931 451.374 Re8trict8d 53.720 53.720 16 Relited Mios Duiry the oro 9iaer12019'. on&sisleil, %thi 1$aTa IrtSSleeoftr thaty. libvj wnt. Ire4¢nts inorder lo carryoul cèJ'ed501th0 S. 18