Friends of the Indian Missionary Society Charity Organsiation
FINANCIAL STATEMENTS FOR THE YEAR ENDED ‘st January 2026
| CONTENTS | Page | ||
|---|---|---|---|
| 1.Trustees' report | 1 to3 | ||
| 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 control 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 lreland 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:
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Select suitable accounting polvies and then apply them consistencly
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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
Sue Ne<<en —~oO~,
Pauline McKenna (Chairperson)
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