Friends of the Indian Missionary Society
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED ‘st January 2026
Charity No: NIC108671
Friends of the Indian Missionary Society
Charity Information
Chairperson Pauline McKenna
Honorary Treasurer Mark McGinley
Trustees Miss Anne Maria O'rawe Mrs Elizabeth Maria Turner Mr Matthew Monaghan Mrs Pauline O'brien Mr Mark Brian Mcginley
Charity number NIC108671
Principal and Registered 143 Queensway Office Lambeg Lisburn BT27 4QS
Accountant TAX-WISE- ACCOUNTANTS (NI) LTD Office-06, Weavers Court Business Park Linfield Raod Belfast BT12 5GH
Banker AIB (NI) 11 - 15 Donegall Square North Belfast BT1 5GB
Friends of the Indian Missionary Society Charity Organsiation
FINANCIAL STATEMENTS FOR THE YEAR ENDED ‘st January 2026
| CONTENTS | Page | ||
|---|---|---|---|
| 1.Trustees' report | 1to3 | ||
| 2. Independent Examiner's Report | 4to5 | ||
| 3. Statement of Financial | Activities | 6 | |
| 4. Balance sheet | 7 | ||
| 6.Notestothefinancialstatements | 8to | 10 |
Friends of the Indian Missionary Society
Trustees’ Report for the year ended 01 January 2026
The Trustees of the Trust submit their annual report and the unaudited financial statements for the period ended 1 January 2024. The Trustees confirm that the Annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
Governing Instrument:
The Friends of the Indian Missionary Society has been operating since 24 October 2022 as a charity operating within recognised charitable objectives. This charity is governed and managed by a Committee of Trustees in accordance with the charity regulations.
Objectives and activities/ public benefit test
The Friends of the Indian Missionary Society exists to relieve those in need through disadvantage who reside in India. This is achieved by providing financial support, giving people access to education, promoting health, hygienic water and sanitation and advancing the Roman Catholic religion. The beneficiaries are disadvantaged areas in India in which the charity operates. The direct benefits which flow from the Friends of the Indian Missionary Society includes improving the physical, mental and spiritual capabilities of people in India through financial support, education services and improving their daily live
The Charity is organised with a committee (Board of Trustees) elected by the members to oversee the overall activities and one of the committee member is nominated as chairperson, to monitor the day to day running of the charity
Trustees and principal officers:
The following officers of the company have held office for the whole of the year.
Chairperson
Pauline McKenna
Honorary Treasurer Mark McGinley
Activities and Achievements:
The charity is in its 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 2026 the charity had net incoming resources of £12,461.
Review of Transactions and Financial Position:
The net incoming resources for the year amounted to £12,461. The accumulated funds amounted to £39,321 as of 1 January 2026.
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Friends of the Indian Missionary Society
Trustees' Report for the year ended 1 January 2026
Reserves Policy:
The charity's policy is to retain a level of reserves which matches 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 estimated 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 fixed assets and which are available for general use and can be designated for future developments.
Risk Management:
The Trustees’ recognise the major risks that the company faces each financial year when preparing and updating the strategic plan and as such has developed systems to monitor and contro! these risks to mitigate any impact that they may have on the organisation in the future.
Staemet of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Northern treland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing these financial statements, the trustees are required to:
- Select suitable accounting polvies and then apply them consistencly
2.Observe the methods and principles in the Charities SORP
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Make judgements and estimates that reasonable and prudent
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State whether applicale accounting standards, comprising FRS 102, have been followed, subject to any material departures disclosed and explained in the financial statements; and
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Preapre the finaicial statements on the going concern basis uless it is inappropriate to presume that the chairy will contibue in business
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008 and The Charities {Accounts and Reports) Regulations (Northern Ireland) 2015. They are also responsible for safeguarding 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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Friends of the Indian Missionary Society
Trustees’ Report for the year ended 1 January 2026
The trustees are responsible for the maintenance and integrity of the charity and financial information. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report was approved by the trustees on 28th April 2026.
Signed on behalf of trustees
Pauline McKenna (Chairperson)
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REPORT OF THE INDEPENDENT EXMINER TO THE CHARITY TRUSTEES OF THE FRIENDS OF THE INDIAN MISSIONARY SOCIETY
For the year ended 1 January 2026
| report on the accounts of the Trust for the period ended 1 January 2026, which are set out on pages 6 to 10.
Respective responsibilities of charity trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is my responsibility to:
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Examine the accounts under section 65 of the Charities Act.
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Follow the procedures laid down in the general directions given by the Commission under section 65(9) of the Charites Act
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State whether particular matters have come to my attention.
Basis of independent examiner’s report
| have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern freland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state where any material maters have come to my attention giving me cause to believe:
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That accounting records were not kept in accordance with section 63 of the Charities Act.
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That the accounts do not accord with those accounting records.
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That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is further information needed for a property understanding of the accounts to be reached.
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REPORT OF THE INDEPENDENT EXMINER TO THE CHARITY TRUSTEES OF THE FRIENDS OF THE INDIAN MISSIONARY SOCIETY
For the year ended 1 January 2026
Independent examiner’s statement
| have completed my independent examination of the accounts of The Friends of the Indian Missionary Society for the year ended 1 January 2026.
In carrying out my examination, | have reviewed the accounting records and information made available to me. However, due to limitations in the information provided, | was unable to fully assess the following matters:
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Whether accounting records were kept in accordance with section 63 of the Charities Act; and
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Whether all further information necessary for a proper understanding of the accounts was available.
Subject to the matters noted above, | have no concerns in respect of the following:
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That the accounts accord with the accounting records made available to me; and
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That the accounts comply with the applicable accounting requirements of the Charities Act.
In accordance with the Directions of the Charity Commission for Northern Ireland, and based on the information available to me, no other matters have come to my attention that require reporting to the trustees.
Sarwar Sayeed
Independent Examiner
TAX-WISE- ACCOUNTANTS (NI) LTD
Office-06, Weavers Court Business Park Linfield Raod Belfast BT12 5GH
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Friends of the Indian Missionary Society
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1 JANUARY 2026
| Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2026 | 2025 | |||||
| INCOME AND EXPENDITURE | Notes | £ | £ | £ | £ | |||
| INCOMING RESOURCES | ||||||||
| Charitable Activities Income | 3 | 550 | 11,911 | 12,461 | 42,073 | |||
| Total income | 550 | 11,911 | 12,461 | 42,073 | ||||
| RESOURCES EXPENDED | ||||||||
| Charitable Activities Cost | - | 15,000 | 15,000 | - | ||||
| Governance Cost | 4 | 1,369 | - | 1,369 | J | 2,496 | ||
| Total Resources Expended | 1,369 | 15,000 | 16,369 | 2,496 | ||||
| NET INCOME /DEFICIT FORTHE | YEAR | - | 819 | § | (3,089) | (3,907) | / | 39,577 |
| Fund Movement | (10,195) | 10,195 | - | - | ||||
| Fund as at 2January 2025 | 32,914 | 10,314 | 43,228 | 3,651 | ||||
| Fundsasat1January2026 | 21,900 | 17,420 | 39,321 | © | 43,288 |
The notes on pages 8 to 10 form part of these accounts
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Friends of the Indian Missionary Society
BALANCE SHEET AS AT 1 JANUARY 2026
| Total | |||||
|---|---|---|---|---|---|
| 2026 | 2025 | ||||
| Notes | £ | £ | £ | ||
| FIXED ASSETS: | |||||
| TangibleAssets | - | - | |||
| CurrentAssets: | |||||
| Debtors | - | - | |||
| Cash atBank and in hand | 42,346 / | 45,103 | |||
| 42,346 | 45,103 | ||||
| Creditors: | |||||
| one year | ——=== | ||||
| Net CurrentAssets | 39,321 | ||||
| Total NetAssets | 39,321 | 43,228 | |||
| Funds | |||||
| Unrestricted funds | 8 | 21,900 | 32,914 | ||
| Total Unrestricted funds | 21,900 | ||||
| Restricted Funds | 8 | 17,420 | 10,314 | ||
| TotalFunds | 39,321 | / | 43,228 |
Approved by the Board of Trustees on 28th April 2026 and signed on it's behalf by
Pauline McKenna (Chairperson)
The notes on pages 8 to 10 form part of these accounts.
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Friends of the Indian Missionary Society
Notes to the financial statements
for the year ended 1 January 2026
1 Accounting Policies
1.1 Basis of preparation of accounts:
The financial statements have been prepared under the historical cost convention and in accordance with Companies Act SORP and the Financial Reporting Standard for Smaller Entities.
1.2 Grants receivable:
Grants for immediate expenditure are accounted for when they become receivable. Grants received for specific purposes are treated as restricted funds.
Grants restricted to future accounting period are deferred and recognised in those periods.
1.3 Allocation of cost:
Costs are allocated between restricted and unrestricted fund according to the terms of income. Where items expended are mixed, they are apportioned between the categories according to the income they relate to
- Incoming Resources
The incoming resources and surplus are attributable to the principal activities of the charity.
- 3 INCOME SUMMARY
| CHARITABLE ACTIVITIES INCOME: | Unrestricted | Restricted | 2026 | 2025 | |||||
|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||||
| General Donation | 550 | 550 | 33,000 | ||||||
| Child Sponsorship | 6,366 | 6,366 | 4,593 | ||||||
| WaterPump Donation | 4,375 | 4,375 | * | 3,900 | |||||
| Livelihood &Agriculture | 610 | 610 | 80 | ||||||
| Aids&Appliances | 130 | 130 | 500 | ||||||
| Health and Wellbeing | 430 | 430 | - | ||||||
| 550 | 11,911~ | 12,461 | 42,073 | © | |||||
| 550 | 41,914 | 12,461 | 42,073 | ||||||
| TotalIncome | 550 | 11,911 | 12,461° | - | 42,073 | — |
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Friends of the indian Missionary Society
Notes to the financial statements
for the year ended 1 January 2026
| 4 | GOVERNANCE COST: | GOVERNANCE COST: | GOVERNANCE COST: | Unrestricted | Restricted | 2026 | 2025 | |||
|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||||||
| Accountancy | Fee | 1,150 | 1,150 | 1,875 | ||||||
| Bank Interest | and | Charges | 219 | - | 219 | 621 | ||||
| 1,369 | - | 1,369 | 2,496 | |||||||
| Total Expenses | 1,369 | / | - | 1,369 “ | 2,496 | |||||
| § | RESTRICTED FUND | |||||||||
| arcs aL |
LEE | Opening | Incoming | Resources | Unrestricted | Closing | ||||
| Balance | Resources | Expended | Fund Used | Balance | ||||||
| 02/01/2025 | 01/01/2026 | |||||||||
| £ | £ | £ | £ | £ | ||||||
| Child Sponsorship | 4,274 | 6,366 | * | - | - | 10,640" | ||||
| WaterPump | Pump Donation | 4,950 | 4,375 | - | 5,201 | ¢ | 826 | 4,950“ | ||
| Livelihood &Agriculture | 590.00 | 610 | * | - | - | 1,200 “ | ||||
| Aids&Appliances | Appliances | 500.00 | 130.00 | / | - | - | 630 + | |||
| Health | and | Wellbeing | - | 430.00 | 7,518 | « | 7,088 | - | ||
| Education | - | - | 2,281 | / | 2,281 | - | ||||
| 10,314 | 11,911 | 15,000’ | 10,195 | 17,420 ! | ||||||
| 6 | CREDITORS | &ACCRUALS | 2026 | 2025 | ||||||
| £ | £ | |||||||||
| Creditors Accruals |
- 3,025 |
- 1,875 |
||||||||
| ~~3,025 | —___1,875_ |
7 STAFF EMOLUMENTS:
The Trust employs no staff and therefore no key management personnel that needs to be disclosed (2025: Nil).
The Trustees received no emoluments or reimbursement of expenses during the year (2025: Nil).
No indemnity insurance for Trustees’ liability has been purchased by the Trust (2025: Nil)
| 8 | MOVEMENT IN FUNDS: | Unrestricted | Restricted | |
|---|---|---|---|---|
| Total £ |
Fund £ |
Total £ |
||
| As at 1 January2025 | 32,914 | 10,314 | 43,228 | |
| Current year | (819) | (3,089) | (3,907) | |
| Current year transfer | (10,195) | 10,195 | - | |
| As at 1 January2026 | 21,900 | 17,420 | 30,021 | |
| * | A, | 4 |
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Friends of the Indian Missionary Society
Notes to the financial statements
for the year ended 1 January 2026
- 9 TAXATION The entity is a registered charity and does not undertake non-charitable activities and are entitle for tax exemption
10 POST BALANCE SHEET EVENTS
There were no significant post balance sheet events.
- 11 TRANSACRTION WITH TRUSTEES There were no transactions with the trustees during the year.
12 CONTINGENT LIABILITIES
- The company/charity had no contingent liabilities as at 1 January 2026.
13 RELATED PARTIES TRANSACTION
There were no discloseable related party transactions during the year.
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