Friends of tho Indian Mi55ionary Socloty Trusto05' Report for the year ended 01 January 2025 The Trustees of the Trust submit thelr amual report arKI the unaudited financlal slatements for the period ended 1 January 2024. The Trustees confinn that the Annual roport and finandal statements of the charity comply with the current statutory requirements, the requirements of the tharltys goveming document and the provisions of the Staternent of Recomm8nded Practice (SORP), applicabl8 to charitles preparlng thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) Gov•rnlng InstrumenL' The Friends of the Indian Missionary Society has been operatlng since 24 October 2022 as a charlty operating within recognised charitable obieGtives. This d)arfty Is governed and managed by a Commlttee of Trustees in accordance wfth the charity regulations. Objectlves and activltl881 publlc b•nofit test The Frlends of the Indlan Misslonary Sodety exlsts to refieve those in need through dlsadvantag8 who resid8 in India. This Is achi8V8d by providing financial supporL gmng people access to education, promoting health. hygienic watsr and santtation and advancing the Roman Catholic religion. The beneficiaries are dis8dvantaged areas In India in whlch the charlty op8rates. The direct beneffts which fiow from the Friends of the Indlan Mlssionary Society indudes Improvlng the physical, mental and spiritual capabilities of people In Indla through flnanclal support, education servlcas and improving their dally Ilve The Charity is organised with a committee (Board of Trustees) elected by the members to oversee the overall actlvities and one of the committee members is nominated as chairperson. to monitor the day-to-day runnlng of the charity Trustsos and prlnclpal offlcers: The following offic8rs of the company have held office kn the whole of th8 y8ar. Challr*On Paullne McKenna Honorary Troasuver Mark McGlnl6y Acllvltlos and Achlevements: The charity Is in ts first year of operation and building up funds to be able to send to organisations In India to enable them to help disadvantaged people. During the period ended 1 January 2025 the charfty had total Income of £42,073. Revl8w of Transactlons and Flnanclal Posltlon: Thé total income for the year amounted to £42,073. The accumulated funds amounted to £43,228 as of 1 January 2025. Page-1
Frlends of the Indlan Mlsslonary Socloty Tru8t•es' Report for thé yoar énded 1 January 2025 Rosorvos Pollcy: The charlty's policy is to retaln a18vel of reservas which match8S the needs of the charitable charity both at the current time and in the foreseeable future. This also allows the charity to plan for future developments. This is eslirnated at a reserve level of £10.000 and general reserves are currently above this level. The reserves policy is reviewed annually. Free reserves are those unrestricted reserves not designated for, nor invested in tsed assets and lch are avallable for general use and can be designated ft)r future developments. Rlsk Managomont: The Trustees, reeognlse the major risks that the MpanY faces eath financial year when preparing and updating the strateglc plan and as suth has developed systems to monitor and control these rlsks to mitigate any Impact that they may have on the organisation in the future. Statement of Tru•tses' Responslbllltlos The trustees are responsible for preparlng the Trustees. Annual Report and the financial statements in accordance with applicable law and Unil8d lfjngdom Accountlng Standards (Unlted Klngdom Generally Accepted Accounting Practice). The law applicable to charities in Northem Ireland requires the trustees to prepare financial statements for each financlal year whlch give a true and falr v18w of the state of affalrs of tho charity and of the incoming resources and appllcalion of resources of the charlty for that period. In preparing Ihese financial statements. the trustees are requlred to: 1. Select sultable accountlng polldes and then apply them consistsncy 2, ObseNe the methods and prlnciples in the Charities SORP 3. Make judgements and estimates that are reasonable and prudent 4. State whelher appllcable accounting standards, comprising FRS 102, have been followed, subject to any material departures disdosed and explained In the finandal statements; and 5. Prepare the financlal statements on the going ConMIng basis unl8SS it is inapproprfate to presume that the charity will continue in business The trustees are responsible for keeping proper accounting records that disclose wlth reasonable accuracy at any tlme the financial position of the tharlty and enable them to ensure Ihat the financial statements comply with the Charities Acl (Northem Ireland) 2008 and The Charitbes (Accounts and Reports) Regulations {Northem Ireland) 2015. They are also responsible for safeguardlng the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page-2
Frlends of the Indlan Mi38ionary Soclety Trustsas, Report for the year ended 1 January 2025 The trustees are responsible for the maintenance arKI integrity of the charity and flnanclal Infomiation. Leglslatlon In the Unit8d Kingdom goveming the preparation and dissemination of financial statements may differ from legislation In other Jurisdictions. Thi5 report was approved by the trustees on 18 February 2026. Slgn8d on behalf of truslees Pauline McK8nna (Chairperson) Page•3