THE MACKIE FOUNDA TION
UNAUDITED STA TEMENT OFACCOUNTS
FOR YEAR ENDED 5 APRIL 2023

THE TRusfEES OF
THE MACKIE FOUNDATION
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023
PA
Legal and Administrallve Information
Trust88s' Report
lThJependenl Examlnerfs Report
Statement of Flnanclal Adl*dtle8
Balanc8 Sheat
NotOS to the accounts
7-13
Appendlx 1

THE TRUSTEES OF
THE MACKIE FOUNDATION
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023
Founder:
John Mackie as Settlor
Govemlng Document:
Declaration of Tnjst Deed dated 19 September 1990, as amended
by Scheme dated 29 October 2015
Trujtees:
Fiona Ann Smrth
James Gooper Mackiè Riggs
Nicholas Robert knndsay Barton
Charlty hAldro88:
Forslers LLP
31 Hlll Str881
London
W1J5LS
Ch8rlty Rggl•tr•tlon No:
1000676
Sollcltor•:
Forsters LLP as abovo
Banker•:
C Hoare & Co
37 Flegl Str991
London
EC4P 4DQ
Inv￿lMont Adyhorn:
Fluffer LLP
80 Victoria Sireel
London
sWIE￿L
Brooks MacDonald
Hobart House
80 Hanover Stre81
Edinburgh
EH21EL
Indopendent ExamlneT:
Emily Smith ACA ol HumFthrey & Co
Account•nt$:
Humphrey & Co
Chartered Accounlanls
7. 9 The Avenue
Easlbourne
Ea51 Sussex
BN213YA
Paoe 1

THETRUSTEES OF
ThE MACKIE FOUNDATION
TRUSTEES. REPOIIT FOR THE YEAR ENDED 5 APRIL 20tJ
The Tru*ees pr88ent their Aeport together the Accounts ol the Foundation lor Ihe year ended 5 April 2023.
The AcC￿nIS have been prepared In aceordan¢& with the accounting poli¢i08 set out on pages 7 to 9, the Tru3t
Deed, the Charitr03 Act 2011 and Accountin9 and Reporting by Charitie5.' Statement of Recornmondad Pra¢tice
159cond 8dilionl appliCa￿e to charhies prepariTVJ their accounts in a¢o)rdance %wlh the F5nancial R¢pJrting
Standard 102 leffe¢tive 1 January 20191.
nl
lon
ctlvl
1•8 lor t
ef
The Mackie Foundatlon wa8 e8tabli5hed by a Declaratlon of Trusl dated 19 Septembgr 1990, as arnended by
Scheme dated 29 Octob8r 2015, and is a ￿gISt6[6d GhArfty. nurnber 1000676. Orfglnal Tru3tees were John Mackie
Idled 20 November 20051, Thora Mary Mackie Idled 23 Dèc8rnb2r 20071 John Adrian Walney and Peler Duncan
Inslone Ireliled 18 Aprll 20181. Mr Walney ielired in lavour of Flona Ann Smith on 17 June 2002. Virginia Leask
Riogs was aFpointed on 13 Oecember 2005, she subsè4u8ntly retired on 16 Novambèr 2015. James Coopgr
Mackle Rlggs was appolnted on 14 Novernber 2011 and Nicholas Robert Llndsay Barton was appolnled on 2
November 2016.
Under the terrns of Ihe Declaration ol TrLSSt, the power of 8ppolnllng new Trustees Is vested In the suNlvlnp or
continuing Truste8s. Trusl8es a￿ solactèd having repard to both ihelr oeneral experience. and Ihe5r knowledge and
exFerIen￿ ol Ihe oblecls ol the Foundallon. and any personal knowledga of th9 exisllrvJ Trustees. Professlonal
advlce Is availablg 10 now Tru51ee5 Imm the exlsting Twslees lor Irainlng purpose8 regarding Ihe dutiès ol a
Trustee.
Thè Mackie Foundation Is a oranl-rnaking Charity which rnakes donallon8 to other registersd Charlll88. The
Trusteos ot the Foundation have powers tts pay or apply Incoma aThl ¢apllal ol the Trust Fund Igr 8urh Charitles or
for $u¢h ¢harilBblo purposes as thay Ihlnk flt. For charitable reason$ they may accumulale any part ol in¢ome as
permitled by law. The objects ar6 prfmarily lor the support ol drug or akohol rehabllltallon an11 mèdlcAI research
charil•8. Althouoh the Foundation doe$ not provide servic8s ￿1￿cl1Y to these charities, the Truslaès are ¢onf+dent
that tho charities provlde a skJnlllcant bgnefit to the Indlvkdual ben8flclaritss concerned through thair xrutiny ol
projects prior lo providing giant funding and thrpugh follow up di6cussions ￿th tho$0 charitles suppDrt6d.
The Trusl¢t$ conflrm thal they hav8 referrèd to the guidance conl8ln$d wbthln the Chatlty Commlsslon general
guldanca on publlc benefll when revl8wlrwJ the Foundallon's aims ¢bjective8 and in planning futur8 activities
and seniffj the (S)nation8 poI￿Y lor lh8 y8ar.
Ouring the year th• Trusi8?s made grants lo other ¢h8rill•$ at their dlscrellon lolAlllng £1e3,15012022.' £209,500).
as delailed In Note 4 to thg accounts. These Chari￿•9 are primarily involvecj In supporting organisatlons thot help
ind5￿￿UdIS and thelr familie8 recover froryb problems related to drug and alcohol addlciion.
The Charlty has various pledges for unresiri¢i$d donatlon5 as dlselosgd wthin Note 12. At S Aprll 2023 the balance
ol funds pwed r8malnlno PaYa￿e tolalled £55,00012022.. £96,0001.
At the year Ihe total Fund was valuad at £6.428.205.27 agalnst £6.744,241.85 in 2022.
Th8 Imièstment strategy Is set by the Trustees and reviewed annually. In so dolng they have rngard to the Sncome
requiremont¥, risk prof51e and their investment rnanagers, vlèw of rnarkel prospeus In thè m9diurn temi. The
Trusioe$ a(klitionally slrive to ensure that investments are apprDpriate having regard lor the Charitys oblectives by
avo￿1ng invpstmenls connected with cDmpanies maklno morè than 10% of their profits Irom tobacco and alcohol.
P8ge 2

THE TFIUSTEES OF
THE MACKIE FOUNDATION
TRUSTEES. REPOFIT FOR THE YEWI ENDED 5 APRIL 2023
It18 th& ol ihe Tnjslws lo malntaln a balarrA b8tween investmenrs lor capital growth and incorne
generation aThJ to tnaintaln cash lurKl$ sullicient to lund anticipated charitable donations ovèr th8 comiry
year. Reserves availÈblè lor distribution total £80,722.29 12022- £88,964.08) enctsmpassing luThJs Th)1
maintained in imstm8ntS, the Trustees ¢x)nslder thls reBsonatrAe to lund future donatlons.
The Trustegs, with the ald of thelr Investment rranaggrs. malntaln a regular vlew over Ihe malor strateglc,
Inv&stmenl and op9raliona rlsks that tho Foundation laces In oriler that, wher8vèr possit4g. such risks are
Identlfle(l steps takan trJ18sson lhasa risks.
Trustoes Rem n
lon
The TruBteeB receive no remunerallon lor Ihgir sgtwtos as Trust￿.
Th8 Trustees are responslble lor preparlng an Annual Report Financi￿ Statements In accordanc8 wlth
applieablè law and Unlted Klnodom Accountlng Standards Iunlted ￿n9C￿M Generally Ace&pted Ac¢ountlng
Pra¢tlcel.
The Law appl*abl& to Charfties In England and Wales requlre5 the Truste88 to prepare financial slalgrn8nt8
lor each Ilnancial year which givg a true and lair vlow ol the statè ol allalrs ol ihe FouNlallon and ol thg
Intnming rèsour¢è8 and appllc&tlon of re8011rc8s ol th8 Foundatlon lor thal p8rlod.
In prepadng such ffinanc1￿ 8tatorngnts, the Tru8tè68 ar8 requbred to:
Sglect 8uliable a¢￿untIng pollcies and apply thern consistently;
observe the methods and principles in the Charilla$' SORP.,
mak& judggmants and astlmales that are reasonable and prudent.,
State whether applIca￿e accounting 8tandwfJs 8nd s1gtem8nts ol
recommended pracllce have been lollowed,.
prepare the financial stal8ment$ on the ooing conc8m basis unless
Is InADproprial& to prg8um8 that tha Trust will contlnue Ils aclbvlty.
Th6 Trustees arg re$kK)nslblo lor kewng sulllciènt accounting iecords whlch d15close wlth r8a50nable
accuracy the linanclal position ol the Foundation and enatle them to ensur& that the IlnancSd statements
comply %yith the Charities Act 2011, The Charity (Accounts aThJ Reports) Regulation$ 2008 And the
Provisions of the Trust Deed. They arn also r8$ponslblg lor safeguardlng Ihe assets of the Foundailon and
lor tskiTrJ reasonable Steps lor the yevenlion and detoctlon ol fraud and other irr8gularitles.
Slon•d on beh•lf ol Ihe Trustses
A Smlth
Dote
Pagè 3

THE TRUSTEES OF
THE MACKIE FOUNDATION
ACCOUNTS FOA THE YEAR ENDED 5 APRIL 21Y23
In
nd
ner's Re
ort to theTru
ol The Mackle Foundati
I report to the trusteBS on my examination ol the accounts ol The Mackie Foundation for Ihe year ended 5
April 2023. which are sel out on pages 5 to 13.
sandb• I Ir
As the charity trustees ol The Mackie Foundation you are resF¥Jnsiblg for the preparallon ol thè ac¢ounts In
accordance wth the requirements of the Charities Act 2011 Iihe Charities Acll.
I rwrt in respect ol my gxamlnalion ol the Tnjslees. accoun15 carrled out under Section 145 01 the 2011
Act and in Cal￿￿g oul my examinallon I have followed all the ap￿le&￿e Dlrectlons gwen by the Chwily
Commission undor Section 14515llb} of the 2011 Act.
In
I have compleled my examination. I conlim that no material mallers have come to my allenlion Sn
CC*nnectlon with the examinalSon giving me cause lo belSeve Ihal in, any material respect..
accounting records were not kept in resp6¢1 ol the Trust a8 requlred ty 8eGt4on 130 01 the
Charltie$ Act,. or
the accounts do not accord wllh those rKords', or
the accounts do not ¢omply with the appllcabl8 r&qulTements ¢oncernSng the form and conlonl of
accounts sel out In th¢ Chariti8s IAccounls and Reports) Regulallons 2008 other than any
requirement thai th¢ accounts glv8 a Irue and lalr. vlew which Is nol a matter consld&r8d a$ part
ol an independent axaminalion.
I have no concern8 and have come across no other matters in connection wlth the examination to which
attenilon should be drawn In this report In orc*r to enable a WQPgT underslandlng ol the accounts io be
reached.
Name..
0711212023
Dale
E Smlth ACA
Humphroy & Co
Chartered Accountants
7-9 Th8 Avenue
Eastlx*ume
East Sussex
BN21 3YA
Page 4

THE TRUSTEES OF
THE MACKIE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 5 APRIL 2023
Unreglrlclod
lunds
Not•
2023
2022
INCOMING RESOURCES
Investment Income
Oulslanding lax roligl
Interest on lax reliel reoelved
181,876.83
1.662.75
181,876.83
1,662.75
170.293.28
1,646.11
17.88
TOTAL INCOMING RESOURCES
183,539.58
183,539.58
171,957.25
RESOURCES EXPENDED
Co•t4 of gonornung fundg
Invèstmènt managemenl1888
20,996.44
20,9%.44
23,025.17
Ch•rllabl• •ctlvltl••
Donations
183,150.00
163,150.00
209.500.00
Support co8t•
Legal1888
Accountancy fees
Bank charges
Tru$t99 *xpenses
14
22.045.20
3,840.00
44.00
256.92
22,Q45,20
3,840.00
44.00
258.92
17,328 60
4,620.00
110,00
13
TOTAL RESOURCES EXPENDEO
210,332.56
210,332.56
254.583.77
MET (OUTGOING) RESQURCES BEFORE
OThER RECOGMISED GAINSIILOSSESI
126,792.981 126,792.981
182.626.521
OThER RECOGNISED GAINSIILOSSESI
Gainslllo88esl on investments hgld lor
chariiabl8 Use
(289,243.601 (289,243.601
310,488.58
NET MOVEMENT IN FUMDS
(316.036.581 <316,036.581
227.862.08
TOTAL FUNDS brought fonvard at 6 Aprll 2022
6.744,241.85 6,744,241.85
6,516.379.79
TOTAL FUNDS corrled lorw•rd •1 S Aprll 2023
6,428,205.27 6,428,205.27
6.744,241.85
The notes on pages 7 10 13 lomi part ol these accounts.
Page 5

THE TRUSTEES OF
THE MACKIE FOUNDATION
BALANCE SHEET
AS AT S APRIL a123
Unregtrictèd
fund•
Nots
2022
FIXED ASSErs
Investments
6.347.482.98
8,347,482.98
8,670,277.77
6,347,482.98
6,347,482.98
6.670,277.77
CURRENT ASSETS
Cash at bank
Debtcrf$
143,162.38
1,662.75
143,162.38
1.662.75
178.570 01
1,646.11
144.825.13
144,825.13
180,216.12
CURRENT LIABILITIES
Credltors-. amount8 falli￿ duts wllhin
one year
144,102.841
144,102.841
191,252.041
NET CURAENT ASSETS
100,722.29
100,722.29
88,964.08
LONG TERM LIABILMES
Gredltors.. amounts lalllw due after
one year
10
iÈo.000.001
120,OCIJ.001
115,(M)O.coi
TOTAL A88ETS LESS CURREIIT LIABIUTIES
6,428,205.27
6.428,205.27
6,744.241.85
FUNDS OF THE CHAFIITY
UNRESThICTED FUNDS
6,428,205.27
6,428,205.27
6.744,241.85
Thè notes on paogs 710 13 lorm part of these a¢￿unts.
Approved on beh•ll of the Tru•tee• by:.
on
A Smllh
P8gè 6

THE TRUSTEES OF
THE MACKIE FOUNDATION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023
1. AcCOUTr￿1NG POLICIES
1.1 Charlty Inforniatlon
The Mackle Foundation was established under the terms of the Declaratlon of Tiusl Deed dated 19 September
1990, as amended by Scheme dated 29 Octct*r 2015 and is a Charfty rggistered In England and W￿9S (Charlty
numbgr 1¢)006761.
1.2 Ao¢ountlng Conventlon
Thg Financial Stalomenls have been prepared in accordanc¢ vrith Aeeountlng and Reporting by Charities:
Statemenl ol Recommended Practice (second edition) a4plicable lo charities prgparlng their accounts In
accordancg with tho Financial Rèportlng Standard 102 lelleclive 1 January 20191, the Charities Act 2011 and
applicable regulations. Tho Charity is a public benefll entity as defined by FAS 102.
To ensure that the accounts show a Iruo and fair view, the Trust886 have not compligd lully with th8 Charlties
(Accounts and Reports) Regulations 2008 as those rglor sp¢cilically lo the prevSou8 2005 SORP and have not
be&n upjaled lo rellecl the changes in legislation lo Ihg FRS102 SORP.
Th8 Financial Sialemenls are prepared in slerllNJ, whlch Is the function￿ currency ol the Charity.
Thg Finan¢ial Slat¢m6nls have been prepared under Ihe historical ¢osi conv8ntion as modrtied by the Itxluslon of
Invgsimenls al mark61 value.
1.3 Golng Concern
Al the limè ol aFprovlng the Accounts, th8 Tru51ees havo a reasonabl¢ èxpeclatlon that Ihe Charity has adgquat•
resources to continue In operalSonal existence lor Ihe forgseeable futuro. Thus the Trustees continue lo adopt the
golng concern basis ol attounllng In preparing the linanclal slalernonts.
1.4 Investment Income
All incom8 is recognlsgd onGe the Charity has enlillemenl lo the income, It Is probable thai the incom& will be
received and the amount ol income Teceivable can be measured reliably.
Investment Income Is accounted lor in Ihe period in which the Charity is enlltled lo receipt, there is suflicienl
eertainty ol Teceipt and so11 Is probable that the income will be receNBd, and the amount ol income receivable
can be measured reliably.
The Charity is a registered Charty and therefore is not liablg lor incomg tax or COfPOTation tax on income derived
from its charilablg activilios, a5 11 falls wthin the various exemptions available to registered charities.
Page 7

THE TRUSTEES OF
THE MACKIE FOUNDATION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023
1.5 Resour￿$ Expendgd
Exponditure is recognlsed on an accrual basls as a liability is incurred.
Costs of generating lunds comprfse the Inveslmgnl Managers. costs associated th the management ol the
inveslmenl portfolKs in accordance with Ihe strategy sel by thè Truslee5.
Grants payable are payments made lo third parti88 In the lurtheranc? ol the charltablè objects ol the Trust. In the
case ol an Uncondit￿nal grant offer Ihls is accrued once the recipient has been notified ol the grant award. The
notilicalion glves the recipient a reasonable expectation that they wlll receive tha one year or multi-year grant.
Grants awards Ihal are Subje￿ lo the recipient fulfilling performance conditions are only acerued when the
reclplent has been nolilted ol the orant and any remainln9 unlulllllgd Condrtions attachlng to that grant are outside
ol the Gonlrol ol the Trusi.
Prow$ion5 for oranls ar8 made when th8 inlenllon lo mak& a grant has been communlcaled lo Ihe reaplent bLrt
thore is uncertalnty as lo the timing ol the grant or the amount ol grant payabla.
A provislon for a mulll-year grant Is recognlsed al118 presenl value where sèttlement is due over mor8 than one
year from the dale ol the award, there are no unfulfilled pertormance conditions urKJer the control of the Trust that
would permll the Trust lo avold maklng the lulure paymenllsl, 8&ttlement is probable, and the effect ol
dSscounllng is material. The dlscounl iale used is the rale offered on government bonds (Gilts) for a
comm¢n$urale or slmllar time perbd oll•rod In Ihe year In which the grant award is mad8.
Goveman¢• costs include Iho$g ¢051s associated wllh rneeting the conslilulional and Staiulory requlremenls of
the Charity and Include the ac¢ountancy lees and legal ¢o$1s linked lo straleglc managèm•ni ol Ihe Charity.
1.6 Flxed Aslot Inv••lm•nts
Inveslm¢nls are Initially recogni88d at ihelr Iransacllon value and subsequently measured by their market value
as al lh& Balance Sheet dale. Listed Investments are slated at lh¢ mid price on the London Stock Exchange and
th& bld prlcos provlded by ihe Fund Managers lor unli tru$1 holdings. Galns and10$sgs on investment assets are
¢r8di1gd, or debI18d, lo the Sialgmenl of Flnancial Adivllles in the year in whlch they anse.
Page 8

THE TRUSTEES OF
THE MACKIE FOUNDATION
140TES TO THE ACCOUNTS FOR THE YEAR ENDED S APRIL 2023
1.7 Fund Stru¢ture
The Charity holds unrestrict8d income funds. Unresldcted Income funds comprise t￿lSe funds whlch the Tru8t8es
are free lo use for any p￿ry￿e in lurtherance of the charttable objects.
1.8 Fln•nclal In#lrufflent$
The Charlty has elected lo apply the provlsions ol Section 11 'Baslo Flnanclal Instruments, and Sectk)n 12 '0iher
Financlal Instrument Issues. ol FRS 102 to all ol ils financial Inslruments.
Financi￿ inslrumgnls are r¢¢ogni$6d in the Chartys Balance Sheel when th8 Chartty become8 party lo the
contractu￿ provisions ol the inslrum•nt.
Financld asB&ts and liabi1rt188 are ollsel, wlth the nel amounts pr&Sont￿ in the flnancial stslemenls, when there
is a legally enlorceable right lo sel oll the recognised amounts and thero is an Inlenilon to 8ettK9 on a nel basis or
lo rea1ise the asset and 59ttb Ihg liability $imultanaously.
FlnAncl&l Assets
Basr financial ass8ls, which include debtors and cash and bank balan¢8$, are Inrtlally measured al Iransa¢tion
pricg including transaction costs and are subsequently carried al amorts'sed cost uslno the effect￿e inlerg$1
method unles5 the arrangement constitutes a financlng Iransaclion, where the Iran$a¢tSon Is rneasured al the
present value ol the lulure receipts dlscounled al a market rale ol inleresl. Financial assets cla8sili&J as
recelvable within one year are not am¢)tIsgd.
Fln•nclal Ll•bllltl
Basic linanclal Ilabllllies, including creditors and bank loans are InSilally r¢¢ognls8d al transaction price unless tho
arranggmenl constltutes a financing IransaclSon, where the debt instrument is measured al the present valug 01
the lulurg payThenls dlscount8d at a market rale ol Snl8resl. Flnanclal liabilitios ¢lassilied as paya￿8 within one
year ar8 not amortlsgd.
Debt Instruments are sub5equenUy carrled al amortlsed cost, using the ellectSve inlgro$1 rat6 method.
1.9 Crltlc•l accountlng èjtlmatss And ludgements
In the appllcalion ol the Charlly's accounting poli¢ies. Ihe Trustees are required lo make judgeTnenls, eslimales
and assumplSons about the carrying amount ol assets and liabilities that are not readily apparent from other
sour¢ès. The esilmales and associated assumplSons are based on historical experSence and other factors that are
con$id&rod lo b8 relevant. Actual resullg may dlller from Ih&s• 6Siimate$.
The estimates and underfySng assumptions are revi8w¢d on an onoolng ba8is. Revislons lo aC￿UntIng estimates
are recognlsed in the perlod In whlch the 8slimate is revised where the revision allects only that period. or in the
period ol the revision and futu￿ periods where the revision allecls bolh current and future periods.
In the year ended 5 April 2023 Ihe Truslg9s consider that there were no critical accounting estimates and
judgements arising that require disclosur9.
Paog 9

THETRUSTEes OF
THE MACKIE FOUNDATION
NOTES TOTHE ACCOUNTS FOR ThE YEAA ENDED 5 APRIL 2WJ
2022
2. INVE
TMENT
NCOME
Investmem Ir￿orne
¥IpP￿dI￿ I
17T.564.92
166.614.78
& G CharitrKsThl Intefesl
Appgndlx 1
959.30
B50.70
M & G Charrfund Dlthnd
Appendlx 1
3.148.29
2,827.
Bank Int¢reBt
204.32
t 181.878.83
170.293.28
NINV
Revaluation ol Investments
1296.985.75
158,365.781
GalnllLoBsI on Sale ol Inve8tment$
AP￿ndIX 1
7.742.15
368,854.36
£ (289,243.60
310,488.58
4. Don•ll
Macrnlllan Canc8r Supwrt
261017
30,000.00
30.000.
Wincanton Community Vèniur&
10e0719
10,0￿.00
St Mungo Communlty Hou$lro ABsoclallon
1149085
35,000.00
The Forward Trust
1001701
21.900.00
7.500.00
Bèihany Chrfstlan Trust
13.750.LY)
45,000.00
Pbshing Change
1164rx11
56,OCiI.th)
The DABh Charity
1127126
40.OCrf).00
HO￿ UK
1044475
I,o(KJ.00
S￿laIrIe1dS Crypt Trust
1075947
60,IXIO.¢)O
10,000.00
The Gure ParfKinson's Trust
1111818
10,000.00
The National Assoclatlon lor Ghiltjren Of Al¢ohollc6
1009143
2.500.00
£ 163.150.00
The above grants were provlded lo Institu￿0￿.
Page10

THE TRUSTEES OF
THE MACKIE FOUNDATION
NOTESTOTHE ACCOUNTS FOFI THE YEAR ENDED 5 APAIL 2tr23
Not•
2023
. INDEPENDEPIT EXAMINER RE
NERATI
Durlng iho year the Indepetxlenl Examlner recelved remuneration IL¥ providlng the txlow services..
Examinati￿] ol the accounts
1.500.00
1,500.
Other Ilnancld 8eN*es
2.340.00
3.120.00
3.840.00
4 620.00
ED
Usted Investment8
£ 6 347 482.98
£ 6 670 277.77
UK Equlllgs and Un51 Twsis
Fixed Inleresl Securities
argeas Equltles
Global Funds
Other Inve$lmgnls
£ 2,439.$89.59
£ 459,417.31
£ B17,642.51
£ 2,353,199.64
£ 277 633.93
£ 2.896.550.94
£ 606,099.60
£ 701,906.74
£ 2,367,377.40
£ 298 343.09
Flxad Asut Inv•Jtm•nt• R•TMlu•d
Investments are Included on the Balanc8 Sheat at thalr markttt value at the end ol thé Ilnanclal Llsted
Investments aro $1818d al Ihg mkl price on tho London Stock Exchangg and trg bld prlces provided by the Fund
Managgrs lor unll trust holdlngs.
Thg hislorlcal cost of th& fixed ass&1 Inveslmgnts Ss £5,537,604.7112022 .' £5,563,413.75)
m9￿m•nt In Flx•d AM•1 Inv••trn8nt•
Cofjt or v•luallon
At S April 2022
A{1d￿lOn$
Valuaiion changes
D￿Spo8￿$
6,670,277.77
360,322.49
(289,243.601
(393.873.681
6,355,895.98
1,147,382.22
310,488.58
11,143,489.011
Al 5 Aprll 20¥J
6,347,482.98
6.670,277.
7. CASH AT BANK
C Hoarg & Co
60,800.97
112,076.00
Ruffer LLP C8V't8J Attovnl
0.08
Br(h)kB MacDondd Capital Account
54,208.92
42,503.23
8rcKJks MacDonald Income Account
28.152.49
23.￿.72
£ 143.162.38
178,570.01
Pag811

THE TFIUSTEES OF
THE MACKIE FOUNDATION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED S APAIL 2023
8. DEBTOR8
Tax reclaim on net investments
1.662.75
1,646.11
1,662.75
1,646.11
Fundlng commStrn•fttg du• In und•r ono ymr
35,000.00
81,CK)O.00
AccTulll8
Investrnent Managèr Ye98
Accountancy and examlnatlon se￿rA8
5.262.84
3.840.00
9,102.84
5,632.04
4.620.00
10,252.04
44 102.84
91252.04
REDI
Fundlng commltmènt• duo aft•r on• y••r
20.000.00
15,000.00
20,000.00
15,000.00
Memr
Carrying knount of Flnon¢l•l AM•t•
Debt Instruments rnea5ur8d at amortised cost
Measured at falr value through slatemenl ot IlnwKlal activitie5
1.662.75
£ 6 347 482.98
1,646.11
e 6 670 277.77
Carrylng Amount ol Flnan¢l•l Ll•bllblle•
Measurod al amortlsts)J cost
252.04
Paoe 12

THE TRUSTEES OF
THE MACKIE FOUNDATION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023
12. FUNDING COMMITMENTS
Spit811Seld5 Crypt Trust
In June 2022 the Charty en18r8d Into a funding coMm￿men1 lo provide a donatr'on of £60.0￿ payab￿ In 9qual quarteily
payrnents of £5.000 to Spilalflelds Crypt Trust comrn8ncing in JU￿ 2022. A provision lor the £60,000 has been recogni8ed
durlng the year ended 5 April 2023, At 5 April 2023 the Gh8rtty £20,000 10 Sphallields Crypt Tru81 wllh £40,000
payable over the r8maining term of th8 agreerngnl. A balanc8 of £20,000 is recoonised wilhin current fundlng
comrnilm8nls and £20.000 rtcogniseé within those du8 arter one yeai.
Hebion Trusl
In April 2019 the Charty ont818d inl0 a fundlng commllm•nt to prov￿? a dDnaik)n of £18.000 per annurn lo Hebron Trust
for lour years. Tho lourth and linal eonlrfbuknon was paKJ on 5 May 2022. At 5 April 2023 th8 Charlty had pald £72,oix> and
therefore the commitment has been fulfllled.
Pushing Change
In Apdl 2021 th8 Charity onlerod Into a commitment lo provid8 unr8Stricl8d donAlions of £28,000 per annum to Pu8hing
Ch8ngB for Iwo years. The second and fIn￿ Conlrlbution was paid Dn 5 May 2022. At 5 Aprll 2023 the Charity had paid
e56,000 and therefore the commllmenl has been fulllll•d.
The Dash Charty
In Apdl 2021 Ihe Charlty comrnitted lo pro￿dIng unresiricted donatlon8 of £20,000 per annurn lo Th8 Dash Charfly for h¥0
year8. The second and final conlributlDn was pak1 on 14 Junfr 2022. At 5 Awll 2023 the Chariiy had paid £40,000 and
Iherdoo th• ¢ommiirn•nt has been fullS118(J.
Balhany Chrislian Tiust
In Aprtl 2021 Ihe ChaAty onloffjd Into a Comm￿ment to provkle unrestilcled donatlons of £15,OtKs p•r annum lor Ihr80
ars lo the Bethany ChrlsliAn Trust. Al the year end £30,000 had been paid and £15,000 18 payable to the Charity.
TEE
AEMUNE
ATI
N AND EXPENSES
The Tru81ees rec8lv8d no rèmunarakn'on or bano1it8 In the year12022.' nlll. One Trusteo had Ih•ir 9xpenS￿ met by the
Charity amounllng to £256.92, these expenses related 10 travèl on Charhy related matters In the year12022.' nlll.
14. RELATED PARTY TRAN
M8 Flona A Smfth, Tru8tee, Is a Partner al ForstgrB LLP WIN) hav8 Provi￿ 18gal s8tvlc96, lolalling £22.045.2012022..
£17,328,801 lo th8 Charity. No b￿an¢￿ were owéd to Forsl•rs LLP At Ihe year end.
P898 13

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