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.
Chall￿r*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.
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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 Con￿MIng 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.
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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)
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