Chanty registrabon number. 255403
The Missionary Sisters of the Immaculate
Annual Rgport and Finan￿?1 Stalernents
for the Year Ended 310ecemiEr 2023
MG Group Professional Services Ltd
Chartered Accoulltants & Registered Audit
166 College Road
H3fTOW
hliddlesex
HA1 18H

The Missionary Sister8 of the Immaculate
Contents
Reference and Administralwe Details
Trustees, Report
2to4
Statement of Trustees. Responsibilities
Independent Examiners Report
Stalernent of Financial Acts"vthes
Balance Sheet
Notes to the Finaneial StatefneTrts
91015
Detailed Statement of Financi31 Act4vIth'es
18to19

The Missionary Slsters of the Immaculate
Reference and Administrative Dotai18
Tru$tees
Sigler Annatnari3 Rosolin
Sister Julli Thomas
Sister Bigi Philip Koonampara￿l
Sister Laura Valtora
Prinripal Offlc•
10 Chiswick Lane
London
W4 2JE
Charity Registratlon Number
255403
Indepgndent Examiner
MG Group Professional Services Ltd
Chartered Accountanis & Regisiered Audilofs
166 College Road
Harrow
Middlesex
HA1 IBH
Page 1

The Missionary Sisters of the Immaculate
Trustees. Report
The trustees present the 8llnual report logelher swth the finanei?I staternenls of the charity for the year
ended 31 December 2023.
Obyectlves Bnd octlwities
Objects and alms
The charit¢5 wain aim Is to support the relig￿uS and other charitsble works Carried out by members
of the ordei both In this country and overseas.
The fijnding is mainly ty voluntary contnbutiuns and sU￿lUS from provision of nursery fa¢ililiÉs.
Objèctiwos, strat•gl•s and aeiivlti•s
The General Directson
The General Direction. based in Rome. over5eÈs our whole congregation. It has been necessary lo
travel aroun¢ the world to ci>ordinale the apostolic activities of all the organisations.
Thanks for your support to sustain all the projects ol our Congregation in the various countries where
we a￿ present
Dunn9 this year the General direction has visited several mission countries. Brézil, Bangladesh.
Guinea Bis5gu. Cameroon-chad and India lo learn about the réality of those countries and lo give
moral support guidelines and encouragement lo the sisters working in the challenging missions.
With your conthbulions, we have able to fi'nance the maintenance ol the three bor8ding's In
Hyderabad, Siliguri and BanglaiJe5h lor poor childrèn who have no opportunity lo study due to povety
and the lack ol development In the villages. Today's children are TommorroW5 future lead8rs. So.
théy ale happy and interested Its study and parents are also grateful for your help for their ¢hildren
In the Integral development of the womien project in Guinea Bissau we work rnestty with women
because the country depends on the will power ol the women. So, we focus on their integral lomiation
to develop their own mentaility to grèw in the society and be the Instrurnenl lo help others to grow. An
Alria¢an proverb says. 'If you educate a boy you only educate him. but if you educate the girl you
educate the entire village in which she belongs,. so. we edycate the wornen, teaGh them different
works through which they can support their family, give thern the moral and heahh c8re formaitons.
et¢ Also the project In Papua New Guinea ' promobon of woman sewing ￿ntre In Kerema ' has
been training rnany women and girts to learn an(J the role of self-suffi¢ient and responsible person in
the society.
Thank you for sustaining the natural mediciiie" PTOj¢Ct through whth we could train the people to
prepare medi¢ine a5 well as help the PDor and sick. We hav? a gioup of ppople who work in ihe
nabjral tnediEine Centre. where we piopare th8 vanous medicine for the different Illn2ssès. Especially
like, skin deceases. for the haèThogloi*n, ulcers. typhoid and malana etc
In th6 Intemaiional noviate wè have eight novices frotn Papua New Guinea. India and Bangladesh.
Our novices have diffe￿llt spiritual and hurnan formation courses which would hèlp them lo prepare
themselves In all the level to lace the challenge5 of the society to help the poo¢ and needy in the
society They also participate in different missbon activity.
The formabon course fund was ol great help for formation of the General directson in preparation for
the General chapter ol our congregabon.
Page 2

The Missionary Sisters of the Imma¢ulats
Trustees, Report
GUINEA BISSAU
The Projed of Natural Medicine
The Integral Development ol Women
Projects for the 8oarding MaintenanGe
Projects for the Boarding M31nten3nce
Projects for the Boarding Maintenanc
GENERAL DIRECTION Travel Expensive
Fom)alion Course
VIJAYAWADA
Sl. Mary Leprosy Centre
GENERAL DIRECMON Intematsonal novitl8te
PAPUA NEVI GUIN
Sewing workshops for women Development
£10,000
£8.000
£20,000
£20,000
£20,000
£20,000
£30.000
BANGLADESH
SILIGURI
HYDERABAD
£10.000
£20.000
£8,000
PR
CTS- 2024
WE WANT TO CONTINUE:
GUINEA BISSAU
The Pioiecl of Natural Medicinè
The Integral Oevelopmenl of Women
Projects for the Boarding maintenance
Projects for the Boarding maintenance
Pioieets for the Boarding mairntenance
GENERAL DIRECTION Formakn'on Course
Travel Expensive
VIJAYAWADA
St. Maryleprosy Centr¢
GENERAL DIRECTION lnleranats.onal nowliate
PAPUA NEW GUINA
Sewing workshops for women Development
£10.000
£8,000
£20.000
£20.000
0,000
£50,000
£20.000
£10,000
£20.000
£8,000
BANGLADESH
SILIGURI
HYDERABAD
Public bonoflt
The trustees confirm that they have complied with the requirements of seElion 11 ol Ihe Chanties Act
2011 lo have due reg31d l() the public benefit guidan￿ published by the Charity Commis510n for
England and Wales.
A¢hl¢vèrngnts and pgrfomiancB
The Charity considers that Il satisfectority acheived its obiecbves and aims during the year an
anticipates the sarne In the forthcoming ye5r.
Page 3

The Missionary Sistsrs of the Immaculate
Trustees. Report
Financlal rpvlew
The Income for the year totalled £257,641 01 which £NIL wa5 restricted funds12022 ." £252.010 of
which £NIL was ￿$tricted fvndsl and after dedueting expen5e5 01 £284,833 of which £NIL was from
restricted funds 12022 £290,721 of which £NIL was from iestricled funds) the Charity had a net
deficit of £27,19212022 . £38.7111.
Policy on res•tv•s
The Irusiees are satisfied with the finanual position. Reserves s￿ al a level which is considered
suffrcieni for the charity lo fulfil Its obligations for at least six months.
Structure, governanee and maftagèment
Natur• of 9overnlng document
The Charity Is registered ès the Misstonary Sister5 of the Immaculate and is also known as Regina
Pacig Convent
The charty Is eontrolled by Its governing document. a deed of trust dated 5th February 1968.
Rgcwitm•ntandappointment of trustoes
Were there to be a requirement for new trustees, these W￿10 be idtrntified and appointed by the
mother house In Ita￿.
The new trustees would be made aware of their rÈsponsibilitses, the govèrning document,
adminislralive procedu￿5, the history and the approach of the charity.
Organisatlonal stmcture
The chaiity has four trustees. responsible for the day lo day running of the convent.
M41or risks and management olthose rlsks
The tiustee5 have a duty to idantify and rèview the risks to whith the charity is exposed and lo ensure
appropriate contro15 are In place to provide reasonable assurance against fraud an¢ error. The
Trustees have conducted their own review of the rnajor r15ks to which the Charity Is exposed and
systems have been established to M￿gate Ih05e risks. These systern5 are pefiodically reviewed to
ensure that they still meet the needs of the Chanty.
behalf by..
<1. and signed on ils
Sister Julli Thomas
Trustee
Page 4

Tho Missionary Sisters of the Immaculats
ststement of Trustees, Responsibllitie5
The truslees are respon51ble for preparing the trustees, report and the financial statements In
accordan￿ with the United Kingdom Accounting Standard5 (United Kingdom Generally Accepted
AccourFting Practice) and appl￿ble Law and regulations.
The law applicable to charities requires the Iruslees to prepare financial stalernenls for each finaneial
ye8r which giv8 a true and lair view of the slate of affairs ol the charity and ol the Incoming resources
and application of resources of thè chafty for that period. In preparing these finanaal 5taterneTrls, the
trustees are Tequirtd tts-.
select suitable accounting polic4es and Ih$n apply them Con￿Stently.,
observe the methods and principles In the Charitie5 SORP,
ake judgements and ests'mates that are reasonable and pru¢Jenl".
state whether applicable acGoynts"ng standards have been follcwed. subject lo any material
departures disclosed and explained In the financial statements., and
prep8rÈ the financia5 statements on the going concem basis unless it is inappropnale lo presume
that the charily will continue In bsJslne￿.
The trustees are responsible for keeping proper accounting records that di%10se with reasonable
accuracy at any time the financial position of the ¢harity and enable thern to ensure that the financial
Statements comply with th* Charities Act 2011. the applicable Charit￿$ (Aceounts and Reports)
Regulations, and the provisions of the constitution. The trustees ar8 also responsible for safeguarding
the assets ol the chanty and hence lor takin9 reasonable steps for the prevention aniJ detect￿￿ of
fraud and other Irregularilie5.
Approved by the Iruslees of the charity on2*11 /24. and signad on its bè￿3￿ by.
Sister Jul1￿ ThorTTras
Trustee
Page 5

The Misslonary Sisters of the Immaculate
Indepèndent Examiner's Report to the tmstees of The Missionary Sisters of the
Immaculate
I report to the charity trustees on my exarninalron ol the ac￿unt￿ of the charity for the year ended 31
December 2023 whirh are set out on pa9es 7 to 15.
Re$pe¢tiv• respon8lblllli88 of tru8t•es and examinbr
As the cha¥ity's trustees ol The Missionary Sisters of the Imrnacul8te you are responsible for the
PFepar8tion of the account5 in accordance with the requirements of the Charits'es Act 20111'the Act'i.
I report in respect of my examination of thè The M15sionary Sisters of the Immaculate's accounts
carried out under se¢lion 145 Df the 2011 Act and In carrying out my examination I have followed all
the spplic3ble Directions given by the Charity Commission vnder Section 14515llbl of the A¢t.
Ind8pendeni exan7iner's *tat•ment
Since The M15sionary Sisters of the Immacula(e's gross income exceèded £250,000 your examiner
must be a member of a body listed In section 145 01 the 2011 Act. I confiim that l am qualified lo
undertake the examination beeatsse l am a rnembei of , which f5 one ol the listed bodi&s.
I have completed my examination I confirm that no matenal matte15 have eome to my 8ttentA)n in
connection with the examinabon giving me cause to believe that in any material respect
1 accounting records were not kept in respect of The Missionary Sisters of the Immaculate a5
required by section 130 of the Act., or
2. the accounts do not accord with thos6 record5, Of
3. the acGount5 do not Gomply with the a¢counling iequiren7ent5 concerning the lorrn and content of
accounts sel out in the Charities (Accounts and Reports) Re9ulalions 2008 other than any
requirement that the accounts give a 'irue and fair vievl which Is not a matter considered as part
of an iTrdependent examination
I have no concems and have come across no other matters in connection with the examinalion lo
which attention should be drawn in th15 report in arder lo enable 8 proper understanding of the
acwun15 to be rèached.
Gavin Fer
des FCA
Chartered Accountants & Registered Auditors
166 College Road
Harrow
Midcllesex
HAI 1BH
Page 6

The Missionary Sisters of the Immaculate
Statement of Financial Activlties for the Year Ended 31 December 2023
Unrestricted
funds
Restricted
funds
Total
2023
Not¢
Income and Endowm•nts from:
Donations and legacie5
Other trading activities
Investment income
71,427
183.797
2.417
71.427
183,797
2,417
Total income
257 641
257,641
Expenditure on:
Raising lund5
Charrtable acti¥ilies
18,0511
276,782
18.0511
276,782
Total expenditure
Net expenditure
Gross transfers between funds
Net movement in funds
Reconciliation of fund5
Totsl funds brought forward
Total funds carried forward
284.833
284,833
127,1921
127,1921
1.000
126.1921
11,0001
127,1921
148.6Q4
1.000
149,604
13
122,412
122,412
Unrs$trided
funds
Rèstricted
funds
Total
2022
Notè
Income and Endowments Irom:
Oonations and legaaes
Other trading actsvilies
Investment 1ncome
89.786
161,725
499
89,786
161,725
499
Total Income
252,010
252,010
Expenditure on-
Raisin9 funds
Charrtabl8 a¢livitie5
110.2061
2BO.515
110,2061
280.515
Total expenditurè
290,721
1290,721
Net movement in ftJnd5
Reconciliation of fund5
Total fvnds brotjghl Iotward
Total fvnds carned forward
138,7111
138.7111
187,315
1,000
188.315
13
148,604
1.000
149.604
All ol the charity's activities dèrive from ccin)nuing operations during the above ￿40 periods.
The fund5 breakdown for 2022 ￿ shown In note 13.
Pag8 7

The Missionary Sistsrs of tho Immaculate
(Règistration number.. 25S403)
Balance Sh881 as at 31 December 2023
2023
2022
Not•
Current a55ets
Cash at bank and in hand
124.812
152.750
Creditors: Amounts falling due wlthln one year
Net assets
12
12,40D
3.146
122.412
149,604
Funds of the charity=
Re5trlct•d funds
1,000
Unre5tri¢ted ineome funds
Unrestricted fvnds
122.412
148.604
Total funds
122,412
149.604
The fina
cial statements on page5 7 to 15 were approved by thè Iru$lees, and authoiised for Issue on
24 and signed on their behalf by..
Sister Julli Thomas
Tiustee
Page 8

The Missionary Sisters of tho Immaculate
Notes to the Financial Statements for the Year Ended 31 Decembèr 2023
1 Accounling pollcl8s
Statement of complian¢0
The financial stslemenls have been prepared in accordanee with Accounting and Repttrting by
Charitie5' Statement of Recommended Practice applicable to charit5es prepanng their accounts in
accordan￿ with the Financial Reporting Standard applicable in th8 UK and Republic of Ireland IFRS
1021 (effective 1 January 20191- ICharits"es SORP IFRS 10211, Ihe Financ￿1 Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
Basis of prèparatlon
The Missionary Sisters of the Itnmaculatè rneets the definityon ol a puL4ic benefit entity under FRS
102 Assets and liabilities are 1nib.alty rècognised at histon¢al c05t or transaction value unless
oiherwise stated in the ¥elevant accountsng policy note5.
Ex•mptlon from preparfng a eaFh flow siatoment
The charity opted to earfy adopt Bulletin 1 published on 2 February 2016 and have the￿lOre not
Included a cash ffow stste￿￿nt In these financrdl st3temènts.
Going ¢one•m
The trustees corFsider that there arè no material uncertainti*s about the charitys ability to continue as
goin9 concern
Income and •ndowments
Voluntary Ineorne Including donations. gifts. legacies and grants that provide core funding or are of
general naiuie Is ￿CogniSed when the chaniy has entitlement to the Income. It is probable Ihal the
income will be recetved and the amount can be measured with 5uffrient rel￿bIlity.
Grants receivable
Grants are recognised when the charity has an entidement to the funds and any conditions linked lo
thè grants have been m&t Where performance Conditions are attached to the grant and are yel lo be
mel. the Income is recognised as a liability and included on the balanee sheet as deferred Income to
be released.
Expenditure
All expenditure Is recognisèd onee there 15 a legal or constructive oblyation to that expenditure. it is
piobable setttemenl is required and the amount can be rneasured reliably. All costs aro allocated to
the applicable expenditurp heading that aggregate similar costs to th3l category. Where costs cannot
be diiectly attributed to particular headings thèy ttava bèen allocated ofi a basis consistent with the
use ol iesources. with central staff c051s alloG31gd on the ba515 of lime spent, and deprecIat￿ll
charges allocated on the portion of the asset'5 use. Other support costs are allocated based on the
Sp￿ad of staff costs.
Raising funds
These a￿ costs IncU￿e￿ In attracting voluntary income, the management of inv*stments and those
incurred in trading 2Ctivitses that raisè funds.
Page 9

The Missionary Sisters of the Immaculale
Notes to the Financial Statements for the Year Ended 31 December 2023
Charliable actlvlties
Charitable expenditure compnses those costs incuried by the charity in Ihe delivery of its activitie5
and services for Ils benefiGiaries. 11 Includes both ¢osls that can be allocated direcuy to such activities
and those c0515 of 8n IndI￿¢t nature necessary lo support thern.
Govgrnance c¢)sts
These ineJudÈ the costs altributable to the charty's complian¢e with consb'tub'onal and statutory
requ1remenls. induding audit. strategic management and tN51ees's rnee￿ngs and reirnbursed
expenses.
Govèrnmènt grants
Government grants a￿ Tecognised based on th8 accrual model and are measured at the fair value of
the asset received or receivatlÈ. Grants are Classified as relatiNg either to revenue or to assets.
Grants relating to revenue are recognised In incotne over the period In which Ihè rèlated costs are
recognisèd Grants relating lo assets are recognised over the expecte¢J useful life ol the asset. Where
part of a grant relating to an asset is deferred, it Is recognised as deferyed ir¢come.
Taxation
The cherity Is considered to pass tre tests set out In Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it rneets the definition ol a chantab1e company lor UK corporalion tax Purposes.
Accordingly the chanty Is potentially exempl from taxation in respect ol Income or capital gains
received within c3t8gories covered by Chapter 3 Part 11 01 the Corporalion Tax Act 2010 or Section
256 01 the Taxabon of Chargeable Gains Act 1992. to ltte extent that such 1ncome or gain5 ale
applied èxcluswety lo charitable purposes.
Cash and cash equlvalentB
Cash and cash equivalents comprise cash on hand and call deposiis, and other short-term highly
liquid Investments that ale readily convertible to a known amount of cash and are subject to an
Insignificant 115k of ¢hange In value.
Fund structure
Unreslrbcled Income funds are general fund5 ihal are available for use at the trustees's discretion in
furtherance ol the obje¢tive5 of the charity.
Restncted Income funds are those donated for use in a paitculaf area or for specifK purposes. the
use of whiGh 15 restncted to that area or PUfPOSe.
Pensions and other posl T•￿rement obllgations
The charity operates a defined contribution pen51on scheme which is a pension plan under which
fixed contnbulions are paid Into a pension fund and thè charity has no legal or cornstructive obligation
to pay further ¢ontnbutions even Il the fund doès not hold sufficient assets to pay all employees the
benefits relating to employee sewice in the current and prior penods.
Contributions lo defined contribution plans ale recogn15eLI In the Statement of Financia1 Activit￿S
when they are due If contribution paymen15 exceed the contribution due for service. the excess is
recognised as a prèpayment.
Page 10

The Missionary Sisters of the Immaculate
Notes to the Financial Statements for the Year Ended 31 Decembor2023
2 In¢ome from donatlons and legacles
Unrestrict•d
fund6
Total
2023
Total
2022
Gen¥ral
Grants. induding capital grants",
Government grant5
71,427
71,427
89.786
71,427
71,427
89,786
3 Income from othèr trading a¢tivrtl•s
Unrestricted
fund¥
Tot41
2023
Total
2022
General
Trading income..
Nursery feE5
183.797
183,797
183,797
161,725
783.797
161.725
4 Inv•6tment in¢om•
Unrestrftttd
funds
Total
2023
rotsl
2022
General
Interest receivable anLI similar income..
Inte￿st receivable on bank deposits
2,417
2,417
499
5 Charitable actlvities
Total
2023
Total
2022
Charitable donabons
GDvemance costs
Staff costs
166,620
63,740
47,422
184 275
54.034
42.206
277.782
280 515
Page 11

The Missionary Sisters of the Imma¢ulats
Notes to the Financial Statements for the Year Ended 31 Decembor 2023
6 Charltablo Donations
The Chartlable Donations were paid to diffeienl Institutrons. to be used in carying out suppothng
activrties lor poor children lo help them to study and to gain a good future. Even fvnds were provided
for the development of w¢rnen. Listed below ale amounts paid lo different Institubons.
2023
2022
Boarding maintenance- Hyderbad
Project to Guir>e3 Bissau
Travel Expense Rome
Intemational Novitiale Rome
Lenten ProJect
Boarding maintenance- Bangladash
Project to Kererna
Leprosy Centre- Vii8yawada
Foimalion Coutse - Rome
Boaroing maintenance Siliguii
Natural Medicine G Bissau
Integral Dev of women Guinea Bissau
Vvomen Sewing centrè PNG
20,000
40.000
8,000
20,000
20.000
250
20,0(10
8,000
10.000
20,000
18,000
12.000
8.025
20,000
20,000
200
20.000
10,000
30.000
20.000
10,000
8.420
8.000
166,620
184,275
7 Governance costs
Unrestricted
funds
Total
2023
Total
2022
General
lTrdepen¢Jenl examiner fees
Examination of the financial Statements
Leg81 fees
Other governance costs
2.400
3.729
56.611
2,400
3,729
56.611
2,400
14 107
37,527
62,740
62.740
54,034
8 Trustees rèmuneratlon and gxpens8S
During the ygar the charily made the following transactions with Iruslees
Sister Julll Thomas
Sister Juli received £1,000 from the Charty for her health treatmÈnt.
No Irustees. nor any persons connected with them, have received any remuneration from ihe charity
during the year.
Pgge 12

The Missionary Sisters of the Immoculate
Nots¥ to the Financlal Statements for the Year Ended 31 DeGernber 2023
Nu truste&$ have recÉived any reimbursed exp8nse8 from the tharity during the year.
9 Staff costs
Thè aggregaté payroll costs were as fr)Ilows".
2023
2022
Stoff costs during Ihe year were=
Wages and salaries
Staff NIC
Pengon costs
46.673
38.162
3,604
440
749
47,422
42,206
The monthly avera9e number of persons lincluding senior management leaml employed by the
charity rluring the year expressed as full time equivalents was as lollows..
2023
No
2022
Nts
Total employees
No employee received emoluments ol more than £60.000 dunng the year
10 Independent examiner'$ remuneratlon
2023
2022
Examination of the financial statetr*nts
2.400
2,400
11 Taxation
The eharily is a registered chanty and is therefore exempl frorn tsxalion.
12 Credltors: amounts falling due withln one y•ar
2023
2022
Olher taxahon and social security
Other creditors
Accruals
553
193
2.400
2,400
2,400
3.148
Page 13

The Missionary Sistsrs of the Imma¢ulats
Notss to the Financial Statements for the Year Ended 31 Doeember 2023
13 Funds
Balance at
1 January
2023
Balance at
31
December
2023
Incomlng R¢8our¢es
re$ource$
•xpended Transfer8
Unrestricted funds
General
1146,6041 1257.6411
1.000
284,833
Restrictod funds
11,0001 1122,4121
1,000
Totsl fund¥
149,604
1257,641
284 833
122,4121
Balance at 1
Jonuary 2022
Incoming
resource$
Balance at
31 December
2022
Resources
expended
Un¥estrict•d fultds
General
1187,3151
1,000
1252.0101
Restricted funds
290.721
1148.6041
11,000
Total fund5
168.315
252,0101
290.721
1149,604
Pagt 14

The Missionary Sistsrs of the Immaculate
Notes to the Financial Statements for tha Year Ended 31 December 2023
14 Analys1$ of n•t asstts batr￿*n funds
Unrostri¢ted
funds
General
Total funds
Current assets
Current liabilities
124.812
12,400
124.612
12.400
Ttstal net assets
122.412
122.412
Unrestricted
funds
GenorAI
Total funds
Current assets
Current liabilrties
152.750
3.146
152.750
3,146
Total fiel assets
149.604
149.604
15 Analysi5 of nèt funds
A131
D•c•mber
2023
At 1 January
2023
Cash flow
Cash at bank and In hand
152.750
127,9381
124.812
Nel debt
152,750
127,9381
124,812
At31
Doctm￿r
2022
At l January
2022
Cash flow
Cash al bank and In hand
190,785
138.0351
152,750
Nel debl
190,785
138,0351
152.750
Page 15