2024-03-31-accounts - Community Of The Mission Sisters Of The Holy Name Of Jesus

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Trustees		Sister D Morrison	(Provincial	(Provincial	(Provincial	Superior)	Superior)
		Sister Catherine	Smith		(Assistant		Superior)
		Sister Julie Adams		(Bursar)
		Sister Lynfa Handley
		Sister P Wickison
		Mr B Waddington
		Sister M Constable						(Appointed	1 August 2023)
		Sister M Williams						(Appointed	5 August 2023)
		Sister Pauline Margaret			Prentice		(until August 2023)
Charity	number	250256
Principal	address	Quarry Bank
		Woodfield Lane
		Hessle
		East Yorkshire
		HU13 0ES
Accountant		Fawley Judge &	Easton
		1 Parliament Street
		Hull
		HU1 2AS
Auditor		Sowerby Chartered		Accountants
		Beckside Court
		Annie Reed Road
		Beverley
		East Yorkshire
		HU17 0LF
Bankers		The Royal Bank	of	Scotland		PLC
		62/63 Threadneedle		St
		Pa Box 412
		London
		EC2R 8LA
Solicitors		Jane Cousins
		Williamsons Solicitors
		45 Lowgate
		Hull
		HU1 IEN

			Page
Trustees'	report		1 - 14
Statement	of Trustees'	responsibilities	15
Independent auditor's		report	16 - 18
Statement	of financial	activities	19 - 20
Statement	of financial	position	21
Statement	of cash flows		22
Notes to	the financial	statements	23 - 35

Mission Aviation	Feflowship		500
Fund for Human	Need		500
(f'ledecins Sans	Frontieres)		1000
Isisa Orphanage,	Zululand		1000
Basotho Educational Trust			1000
(Hess[e & Anlaby	Food Bank)		500
Dove House Hospice			500
Lifeboats			500
Shelterbox			500
St Albans Church:	Church Hal)		500
St Albans Church:	Food Pantry		500
Justice Defenders			500
Emmaus			500
Trussell Trust			500
Gaza - Amos Trust			1000
TOTAL		9500

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			Notes	E
Fixed assets
Property, plant and equipment					2,486,013		2,488,946
Investments					5,239,535		5,100,271
					7,725,548		7,589,217
Current assets
Trade and other receivables			17	39,034		357
Cash at bank and in hand				782,291		752,287
				821 ,325		752,644
Current liabilities			18	13,131		14,130
Net current	assets				808,194		738,514
Total assets	less current	liabilities			8,533,742		8,327,731
The funds	of the Charity
Endowment	funds		19		7 ,409,361		7,324,951
Unrestricted	Funds - general				312,844		200,223
Llnrestricted	funds - Designated		20		811,537		8 02,557
					8,533,742		8,327,731


					Notes
Cash flows	from	operating	activities
Cash absorbed by		operations			23		(178,021)		(164,333)
Investing	activities
Proceeds	from disposal of investment
property								425,000
Purchase	of other	investments				(390,760)		(356,023)
Proceeds	from disposal of other investments					386,688		48,045
Investment	income	received				212,097		188,222
Net cash	generated	from investing
activities							208,025		305,244
Net cash	used in	financing	activities
Net increase in cash and cash equivalents							30,004		140,911
Cash and	cash equivalents		at beginning	of year			752,287		611,376
Cash and	cash equivalents		at end of	year			782,291		752,287

					Unrestricted	Unrestricted
					funds	funds
					2024	2023
Employment		Alowance			1 ,959
Sister's	Pensions		and	Benefits	108,709	126,653
Other					42,248	23,212
					152,916	149,865

		The	The
		Community	Community
		House	House
		2024	2023
		E	E
Charitable	rental income	3,475	430
Other income		65	3
		3,540	433

			Unrestricted	Unrestricted	Total	Unrestricted	Unrestricted	Total
			funds	funds		funds	funds
			general	Designated		general	Designated
			2024	2024	2024	2023	2023	2023
			€	[	€	€	€	€
Investment	Income		181,497	29,876	211,373	159,469	28,753	188,222
Interest receivable			724		724
			182,221	29,876	212,097	159,469	28,753	188,222
Expenditure	on raising		funds
			Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
			funds	funds		funds	funds
			Designated			Designated
			2024	2024	2024	2023	2023	2023
			E	[	E	E	E	E
Fundraising	and	publicity
Other fundraising		costs	5,683	33,869	39,552	4,235	24,839	29,074

			The	Solitaries	Total	The	Solitaries	Total
			Community			Community
			House			House
			2024	2024	2024	2023	2023	2023
			E	E	[	E	E
Staff costs			76,104		76,104	77,122		77,122
Depreciation		and
impairment			2,932		2,932	2,932		2,932
Rates, Water		&
Insurance			12,236	186	12,422	14,799	806	15,605
Light & Heat			19,546	2,352	21 ,898	16,650	1 ,777	18,427
Housekeeping			12,719	2,664	15,383	12,566	3,039	15,605
Medical &	Care Home		31 ,682	807	32,489	21 ,509	2,384	23,893
Clothing			904	107	1011	1,330	64	f ,394
Chapel &	Funeral		8,296		8,296	11,188		11,188
Upkeep of Gardens			2,679	50	2,729	972	tgr	1 ,163
Newspapers		& Books	2;180	248	2,428	2 ,285	521	2,806
Computer	Expenses		2,710	30	2,740	3 ,164	120	3,284
Photocopier			1,410		1 ,410	1 ,020		1 ,020
Te(ephone	&	Internet	1,741		2 ,519	1,803	1,143	2 ,946
Postage			767		834	1 ,654	83	1 ,737
Property			6,532		6,532	g,sge+	5,263	14,859
Household	Expenses		5,977	726	6,703	5,501	1,015	6,516
Other charitable
expenditure			6,772	639	7 ,411	6,105	437	6,542
			195,187	8,654	203,841	190,196	16,843	207,039
Grant funding		of
activities (see note 8)			40,125		40,125	42,325		42,325
Share of support costs
(see note	9)		1 ,345		1 ,345	4,976	589	5,565
Share of governance
costs (see	note 9)		12,870		12,870	12,500		12,500
			249,527	8,654	258,181	249,997	17,432	267,429
Analysis	by	fund
Unrestricted		funds -
general			217,402	8,654	226,056	217,872	17,432	235,304
Unrestricted		funds -
designated			32,125	-	32,125	32,125	-	32,125
			249,527	8,654	258,181	249,997	17,432	267,429

				-2024	2023
Amos Trust					500
Childrens AirAmbulance					1 ,000
Christian Outreach		Development			500
DEC Pakistan Flood		Appeal			1 ,000
Dove House				500	500
Fund for Human	Need			500	1 ,000
Isisa Orphanage				1 ,000	1 ,000
Medecins San Frontiers				1 ,000	1 ,000
Mission Aviation	Fellowship			500	1 ,000
St Michael's Church,		Hull			2 00
The CHN Provinces		of Lesotho	& Zululand	32,125	3 2,125
Basotho Educational		Trust		1 ,000	1 ,000
Hessle and Anlaby	foodbank			500	500
Teriro Zimbabwe					1 ,000
Lifeboats				500
Shelterbox				500
St Albans Church	-	Church Hall		500
St Albans Church	-	Food Pantry		500
Justice Defenders				500
Emmaus				500
Trussell Trust				500
Gaza - Amos Trust				2,000
2023 Grants not	remitted			(2,500)
				40,125	42,325

			2024	2023
Comerences		& Training	821	1 ,329
Reorganisation		Costs		167
Bank charges			524	1 ,900
Sundries				2 ,169
Governance		costs	12,870	12,500
			14,215	18,065
Analysed	between:
The Community		House	14,215	1 7,476
Solitaries				589
			14,215	18,065

	2024	2023
	Number	Number
Staff	4	4
Employment costs	2024	2023
Wages and salaries	67,698	72,341
Social security costs	6,593	3,283
Other pension costs	1,813	1 ,498
	76,104	77,122

						Total	Unrestricted
							funds
							general
						2024	2023
						E	[
Net loss	on	disposal	of tangible	fixed	assets		523

		Unrestricted	Endowment	Total	unrestricted	Endowment	Total
		funds	funds		funds	funds
		Designated			Designated
		2024	2024	2024	2023	2023	2023
Gains/(losses)	arising on:	[	[
Revaluation	of
investments		6,762	238,253	245,015	(50,928)	(343,486)	(394,414)
Sale or investments		10,151	(119,975)	(109,824)		47,608	47,608
		16,913	118,278	135,191	(50,928)	(295,878)	(346,806)

Property, plant and equipment
	Freehold land	Fixtures and	Motor	Total
	and buildings	FITTINGS	vehicles
Cost
At 1 April 2023	2,481 ,082	25,362	8,501	2,514,945
At 31 March 2024	2,481 ,082	25,362	8,501	2,514,945
Depreciation and impairment
At 1 April 2023		19,199	6,801	26,000
Depreciation charged in the year		1 ,232	1,700	2,932
At 31 March 2024		20,431	8,501	28,932
Carrying amount
At 31 March 2024	2,481 ,082	4,931		2,486,013
At 31 March 2023	2,481 ,082	6,164	1,700	2,488,946

	2024		2023
	E
2,481	,082	2,481	,082

		Listed
		investments
		E
Cost or	valuation
At 1 April	2023	5,100,271
Additions		390,760
Valuation	changes	135,191
Disposals		(386,687)
At 31 March 2024		5,239,535
Carrying	amount
At 31 March 2024		5,239,535
At 31 March 2023		5,100,271

Trade and	other	receivables
				2024	2023
Amounts	falling	due within	one year:		E
Other receivables				30,688	357
Prepayments	and	accrued	income	8,346
				39,034	357

Current	liabilities
		2024	2023
		E
Other taxation and social security		(401 )
Accruals	and deferred income	13,532	14,130
		13,131	14,130

		At	1 April	Incoming		Resources	Transfers	Gains and	At 3al March
			2023	resources		expended		losses	2024
			E				e	[	E
			802,556	29,876		(37,808)		16,913	811,537
Previous	year:	At	1 April	Incoming		Resources	Transfers	Gains and	At 31 March
			2022	resources		expended		losses	2023
			E		E		E	E
			860,962	28,753		(36,360)	130	(50,928)	802,557

			Unrestricted	Unrestricted	Endowment	Total
			funds	funds	funds
			general	designated
			2024	2024	2024	2024
				E	E
Fund balances	at 31 March 2024 are represented		by:
Property, plant	and	equipment			2,486,013	2,486,013
Investments				769,846	4,469,689	5,239,535
Current assets/(liabilities)			312,844	41 ,691	453,659	808,194
			312,844	811,537	7,409,361	8,533,742
			Unrestricted	Unrestricted	Endowment	Total
			funds	funds	funds
			general	designated
			2023	2023	2023	2023
			E
Fund balances	at 31 March 2023 are represented		by:
Property, plantand		equipment	1,699		2,487,247	2,488,946
Investments				764,894	4 ,335,377	5,100,271
Currentassets/(liabilities)			198,524	37,663	5 02,327	738,514
			200,223	802,557	7,324,951	8,327,731

23	Cash generated from operations	Cash generated from operations	Cash generated from operations	2024	2023
					E
	Surplus/(deficit) for the year			206,011	(305,312)
	Adjustments	for:
	Investment	income recognised	in statement of financial activities	(212,097)	(188,222)
	(Gain)/loss	on disposal of property, plant and equipment			523
	Loss/(gain)	on disposal of investments		109,824	(47,608)
	Fair value	gains and losses on investments		(245,015)	394,414
	Depreciation	and impairment	of property, plant and equipment	2,932	2,932
	Movements	in working capital:
	(Increase)/decrease in trade		and other receivables	(38,677)	326
	(Decrease)	in trade and other	payables	(999)	(21,386)
	Cash absorbed by operations			(178,021)	(164,333)
24	Analysis	of changes in net	funds