MERCURY PHOENIX TRUST
Trustees, Report
and Unaudited Financial Statements
for the year ended 31 March 2023
Registered Charity Number l 013768

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMEWS FOR THE YEAR ENDED 31 MARCH 21Y23
INDEX
Page
Charity Infomlation
Trustees. report
Independent examlnerfs report
Statement of financlal activities
Balance sheet
ststement of Cash Flows
Accounting policles
Notes to the financial ststements
11

MERCURY PHOENIX TRUST
UNAUDITED FIMNCIAL STATEMEWS FOR THE YEAR ENDED 31 MARCH 2023
CHARrrY INFORMATION
Trustees
M Austin
H J Beach
8HMay
R M Taylor
Principal office
ercury Phoenix Trust
2nd Floor
88190 Baker Street
London
W1U6TQ
Registered charity number
1013768
Independent examiner
Geoffrey Frost
Blue Spire Limited
Cawley Priory
South Pallant
Chichester
West Sussex
P019 1SY
Bankers
Coutts & Co
440 Strand
Lolldon
WC2R OQS
Page 1

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEES. REPORT
The trustees have p1&3sure in pres*rting their annual reFQrt for the purFoses oflhe Charities Act 2011, tcgethef Wlth
the accounts for the year ended 31 March 2023. The trustees have adopted the provisions of the Stztement of
Recommended Practice ISORP) "Accountin9 and Rewrting by Charibes. IFRS 102) in preparing the annual report
and financial statements of the charity.
STRUCTURE GOVERNANCE AND MANAGEMENr
The Mercury P￿niX Trust ts a register&J charty conslituted under a tn￿t deed dated 29 July 1992. and registered
as a charity 18 August 1992.
The power to appoint and rem¢)ve Tnjslees is vest&Y in the Tnjstees and exercised by deed. A Trustee may rebre by
notice in writing. The number of Trustees shall be rot less than three nor more than four and in the event of their
number falling below three, such addthnal Trust*s or TTUStee shall forthwth be apwinted as shall be ne￿Sary lo
make their number up to a maximum of four.
On agreeing to b￿me a trustee of the charity, the trustees are thoroughty briefed by the e￿sting co-trustees on the
consttiubon of the Trust the day-trAay managemenL responsibil￿eS of the trustees, the current objectives and future
plans.
The Trustees are responsible frjr authorisirKJ grant payments, for ensuring all grants are made in pursuance of the
objectives of the Trust and for ensuring the oty'ethes of the Trust are m
The TTUStees are resportsible for idenb"fying and reviewng the major Tisks to which the Trust is exFosed and confim)
that, as far as is possible given the nature of the grant payments and b¢at￿S lo which they are made, arrangements
have been established to mthgate those risks.
Key management pensonnel remunetstion
The Trustees consider the t￿ard ofTruslees and the self-employed administrat¢x as comprising the key management
personnel of the charrty in charge of directing and controlling the chaTrty and running and operating the charity on a
day to day basis. The trustees gNe of their b.me fredy and no t￿￿tee remuneTatiori OT expenses were paid in the year
12022.. £nil} with the administratorfs rate being set * an amount for compatable roles wtthin similar organisations.
OBJECTIVES AND ACTivrriES
The charity's 0￿.ects are".
l) To relieve the wverty, sickness and distress of with A￿uir&I Immune Dthiency Syndrome (AIDS) and
Human IMmUn￿DeficienCY Virus {HlV)
11) To advance the education ot the ptsblic in general in the atKwe conditions, thwr transmissi¢)n, treatment and
consequences
111) The provision. supwrt and maintenance of research into the tsuses and cure of and hospices Servi￿ and other
facilities for the treatment of and allewation of the suffering of persons with the above condrtions
IV) The conduct and support of research into the causes and cure of the at(Jve condrtions, tO3etherwth other Med￿al
conditions related to/ass￿Lated wtth or othewse alliedninked to AIDS andlor HIV
In pursuan￿ of its objects, the eharivs income is applied in the awarding of grants ￿1¢h are considered to be in
accordan￿ with the Trust's objedwes. The Trust has established tts grant making policy to achieve these slated
objectives for the public benefit. The Iruslees confimi that they have referfed to the guidance contained in the Charity
Commission's general guIdar￿e on public tsenefft reviewtng the Trusys objectwes in planning tis future activtties
and agreeing its grant making for the year.
MPT completed its 64th fiJnding round in ts yearwith work already being undertaken for the 65th. Our grant appraisal
setvice is assiduous in pursurt of sUrta￿e recipients and goes to great lengths to check their veracity. They pul tcgether
ex￿lIent funding rounds giwng detailed background and the goals of the applicants. We then work together to double
check their suitability and to suggest a tM)ssible grant The numbers of charibes seeking funding, especiJly since
Covid and the consequent rise in HIV cases, ts exwnenlial.
Page 2

MERCURY PHOENIX TRUST
UNAUDITED FIMNCIAL STATEME￿rs FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEES, REPORT
MERCURY PHOENIX TRUST Asscci*&d entity
This was muted some years ago and agr*J by the Trustees. It has now set up120221 with lawyer Xavier
Pétremand who Start￿ the new Rotary in Lausanne. Chris Eabom a financial adviser and Claudia Beach. The
principle advantage is it enables the Swss to set their donaty.ons against ta
QUEEN STUDIO EXPERIENCE
This continues lo be hugely popular and is up in the 10 most wsited tourist attr￿tionS in Swlzerland. During Covid
we commissioned a new costume rather than revamp the entire exhibition to add some sparkle. We chose the
marvellous FTeddie prawn ouffil designed by Diana Mosety which looks speDts¢ular and gives the pla￿ a new lift.
Unfortunately, the regular donaty.on from the Casino Barrtere Foundatkin ceased with the death of Michel F& who
was the President bul we are applying for more frjnding. The new carpeb.ng will be paid for out of Switzedand.
FUNDRAISING EvE￿s
The London FFAD ￿tanque didn't happen tecause of Queen bw'ng out on Tour but the Swiss had its second year,
22 teams in an idyllic setting at the end ofAiJgusL In 2023 the London pétanque is back on the road ts 2nd June and
the sv￿$$ on Juty 7th.
THE FREDDIE BIRTHDAY PARTY AT THE CASINO MONTREUX
This was a huge suecess with 12CNJ pwpje. all eager to paty. The success of2022 wag proved in January 2023 when
the 1000 tickets put on sale went in ten days. Total *ll out and the tickets are gold dustl This birthday paty was
originally planned for the fans, and they cixne back each year.
ACHIEVEMEfrifs AND PERFORMANCE
During the year, donab.ons of£764,34212022: £642,976) W￿re maje to chariti.es and similar btsjies ￿0$e objectives
promote Wdreness of, and the fight agains< AIDS. There was a deffcttfortr￿ yearof£217.382 {2022 defi¢f(". £65,352).
The Trustees are pleased ￿th the Trusvs perfollnan￿ duTing the year and believe its consistent awarding of grants
to entiti.es and l)odies whrch are s*king to hdp relieve r*)vety. sickness and distr￿ crf peop￿e AIDS and HIV
demonstrates a public benefrt.
The Trustees measure the Ferformance of the Trvst by assessing the value and nature of grants a￿rded during the
financial year. The Trustees considerthe value and nature of grants Wdrded this yearto be appropriate and consistent
th the objectwes of Ihe Trust
FINANCIAL REVIEW
The Trustees aim to maintain a level of reserves at least equivalent to approximatety 34 years, worth of grant
ayments in order to allow the Trust to cor￿.￿Ue in existen￿ for the foreseeable future in the event that no fvrther
income is r￿1ved. The Trustees regard this & being in the best long leryn interests of the current and future
beneficiaries. Reserves as at the year*ThJ total £2,7e6,592 {2022.' £2,977.974).
The Trustees are sab"sfied that the chanty's assets are available and ajequate to fvlfil its obligations in relation to
those funds.
sk managemerFt
The Trustees have assessed the financial risk man￿eMent objecltves and rKJlicies of the Trust. The exposure of the
Trust to price risk, credit risk. liquidty risk. and cash flow Is considered not material for the assessment of the assets,
liabilities, finanual posits.on and suwus of the Tnjst
Investn7ent policy andperfonnan
Given the short4erm nature of the Trusvs grant-maknng activitses, the Trustees have decided to invest ImM￿latelY
any surplus funds in UK-based deposf( accounts wrth a reputable bank.
The deposrt accounts offer securty and ease of access to fvnts. toJether a market-based interest rate.
Page 3

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMEWS FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEES, REPORT
PLANS FOR FufuRE PERIODS
The Trustees aim to achieve the Trusys long-terrn objecaives of assists'ng in the relief of povety. sickness and distress
of Fkople with AIDS and HIV through the continued awarding of grants to worthy tecipEDts but this is subject to
continued receipts of donations.
STATEMENT OF TRUSTEES. RESPONSIBILrriES
The tru$tees are resFonsible lor p￿paring the Tnjstees. Report and the financial statements in accordance wth
applicable law and United Kingdom Accountin9 Stsndards (United Kingdom Generally Accepted A￿OUntIng Prath.￿).
The I￿ applicable to dBrities in England & Wales requires the trustees to prepare financial ststements for each
naneial year which give a true and fair view of the state of affairs of the charty and of the incoming reWUr￿ and
aDDlication of resources of the charfv lor that rRric#J. In Dreoarina these )Inaneial statements. the trustees are wuired
select suitable ac¢ounts"ng policies and then apply them consistenty,"
observe the methods and principles in the Charittes SORP"
make judgements and estimates that are reasonable and Pn￿ent",
state whether applicatje accountFng standards have teen follrNBJ. subj&*to any material departures disclos&
and explained in the financial statements."
prepare the financial statements on the going concem basis un￿S it is inappropriate to presume that the charity
11 continue in operatK>n.
The trustees are responsitje for keeping proper accojnting r￿OrdS that disdose V￿th reasonable accuracy at any
time the financial position of the charity and enable them to ensu￿ that the ffnancial statements comply wrth the
Charities Act 2011, the Charity (Accounts and RetKsrts} Regulations 2008 and the prowsions of the trust deed. They
are also responsible forsafeguarding the assets ofthetharity and hence for taking reasonable steps forthe prevention
and detection of fraud and other irregularrties.
ApPoIKfmEP￿ OF AN INDEPENDEPTh EXAMINER
The charity remained bdow the threshold for audit in re$￿t of the year under rewew and retained Geoffrey Frost of
Blue Spire Limtted as examiner of the tharity.
Approved by the trustees and signed on their t£ha￿.
Trustee
Date
19 January 2024
Page 4

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMEWS FOR THE YEAR ENDED 31 MARCH 2023
INDEPENDENT EXAMINER'S REPORT
Independent Examinerfs Reportto the Trustees of Alercury Ph(￿lixT￿l$t
I report to the chartty twstees on my examinatv)n of the ac(J)unts of the charlty for the year ended 31 March 2023
which are set OLrt on pages 6 to 17.
Responsibilities and basis of report
As the charty's trustees you are resF¢)nsible for the preparation of the accounts in accordan￿ wth the requirements
of the Charitses Act 2011 (the Act.).
I report in resm of my examination of the charity's accounts carried out under seth.on 145 of the Act and in carrying
out my examination I have followed all the applicable DIrect￿n$ given by the Charrty ConNnission under section
145{5llbl of the Act
Independent exarninets statement
Since the charty's gross income exc*ded £250,000 your examiner must be a mefflÈer ofa body listed in section 145
of the Act I confimi that l arn qualified to undertake the examination tr￿aUse l am a member of the Institute of
Charter&J Accountants in England and WJes, which is one of the listed bojies.
I have completed my examination. I conffim that m material rnatters have come to my attention in conne¢tion wth tne
examination gNing me cause to believe that in any material respect..
accounting rewrds were not kept in resFÉCt of the charity as required by section 130 of the A¢t', or
2. the accounts do not accord Ihose records". or
3. the accounts do not with the applicable r4uirements con￿MIng the fom and content ofaccounts
sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a'true and fairw* which is not a mattefconstdered as part ofan independent examination.
I have no concerns and have come &ross no other matters in connection wrth the examinatFon to which attentB)n
should te drawn in thss report in order to ertable a prow understanding of the accounts to be reached
Geoffrey Frost BSclHonsl FCA
Blue Spire Limited, Statutory Auditor
Cawley Priory
South Pallant
Chichester
Wesl Sussex
P019 1SY
Date
28 January 2024
Page 5

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
STATEMENT OF FINANCIAL ACTIVITIES
2023
Total
Funds
2022
Totsl
Funds
Unrestri¢ted Restricted
Funds
Funds
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Other trading actmties
Investments
564.515
38,449
3,216
564,515
38,449
3,216
597,035
37,145
28S
Total
6C6,180
606,180
634,465
EXPENDITURE ON:
Raising funds
Charitable acttvrttes
48,648
768,914
27,939
671.878
768,914
Total
817,662
817,562
699,817
Net 1ncomelexpend1￿rel
1211,3821
{211.382)
{65,352}
Transfgrs between funds
11
Net movernent in funds
1211,382)
(211.382)
(65,352)
RECONCILIATION OF FUNDS
Total funds brought forward
10.11
2.977.974
2.977,974
3.043,326
Totsl funds ¢arri¢d foThvard
10. 11
2,766.592
2,766,592
2.977,974
None of the chaiiiys activibes were acquired or dIS￿ntinUed during the above Iwo financtal years.
The charity has no recognised gains or losses other than those dea￿ with in the statement of financial activ￿eS.
Page 6

MERCURY PHOENIX TRUST
UNAUDITED FINANCJAL STATEMENTS FOR THE YEAR ENDED 31 WCH 2023
BALANCE SHEET AS AT 31 MARCH 2023
2023
2022
Note
CURRENT ASSETS
Cash al hand and in bank
Total current assets
2.97S,045
2.975,045
3,267,171
3.267,171
CURRENT LIABILITIES
Credrtors" amounts falling due within one year
208,453
289,197
Net Current assetsl(Ilabilities)
2,766,592
2,977,974
Net assetsl{liabililtes}
2,766.592
2,977.974
THE FUNDS OF THE CHARITY
Restricted funds
Unrestricted funds
10, 11
10, 11
2.766.592
2,977,974
Total charity funds
2,766,592
2,977,974
The accompanying notes fr)mi part ofihe finanoal ststernents
Approved by the trustees and $4qned on their behair
Trustee
Date
19 January 2024
Page 7

MERCURY PHOENIX TRUST
UNAUOITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
STATEMENT OF CASH FLOWS
2023
2022
Note
Net Cash fk)w from operating activities (see below)
(295,3421
183,196
Cash flow from investing a¢tlvities
Interest received
Net cash flow from investing athiitles
3.216
285
3.216
285
Net increasel{de¢reasel in cash and cash equivalents
(292, 126)
183,481
Cash and ¢ash equivalents at 1 April 2022
3.267,171
3.083,690
Cash and cash equivalents at 31 March 2023
2,975,045
3,267,171
Cash and ￿$h equivalents conslst OP.
Cash at bank and in hand
Cash and cash equivalents at 31 March 2023
2,975,045
2,975.045
3,267,171
3.267, 171
Recon¢iliatlon of net income to net cash Ilow from operating activities
2023
2022
Nel income for the year
1211.382}
165.3521
Adjusted for"
Interest and dividends
(Increaselldecrease in debtots
Increaselldecrease) in credrtors
13,216)
12851
80,744
248,833
(83,960)
248,548
1295,3421
183,1
Page 8

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POLICIES
Generdl infonnationy scope and basi5 of the financial ststements
The Mercury Phoenix Trnst is an unincorporated charity constitLrted under a ttust deed. The address of the principal
Offi￿ is given in the reference and administrabve details seclion and the nature of the chall￿s operats.ons and
principal activities are given in the trustees, report
The charity constitutes a public benefit entsty as defined by FRS 102. The financial statements have been prepa￿d
in accordance with Accounting and Repo￿.n9 by Charitses: Statement of Recnmmended Practice applicable to
charities preparing their accounts in accordance wilh the Finanryal RepoTt"ng Standard applicable in the UK and
Republic of Ireland issued in October 2019, the Financial Repo￿ng Standard applicable in the United lfjngdom and
Republic of Ireland IFRS 102), the CharitFesAd 2011 and UK Generally A￿pted AccoL¢nting Practi￿.
The financial statements are prepared on a going conc£m basis under the historical cost convention, modified to
indude certain item5 at fair value. The financial ststements are presented in sleding vthich ts the functional
currency of the charty and rounded to the nea￿st £
The significant accounting policies applied in the preparation of these finanoal statements are set OLrt telow. These
poli¢Es have been consistenuy applied to all years presented unless otherwise ststed.
Ineomlng r¢sources
All incoming resources are included in the Statement of Finanaal Acttvities ISOFAI when the charity is legally
entided to the income after any perf0m￿nCe ￿ndit￿nS have been mel the amount can be measured reliably and it
is probable that the incoTr will be received.
For donations to be rerngnised the Chartty will have been notified of the amounts and the settlement date in writing.
If there are conditions altached to the donation and trlis requires a level of perfr)miance before entruement can be
obtained then income is defewed until those COnd￿.0nS are fijlty met or the fuFfilment of those conditions is wsthin the
ntrol of the Charity and rt is probabje that they will be futfilled.
Income from tsding activities includes income eamed from fundraising events and trading activities to raise funds
for the Charity. Income is recewed in exchange for supptying g¢x¥ds and services in order to raise funds and is
recognised when entrtlement has octurred.
Investrnent income consist of interest received or ￿e1vable and acLnJed at the balance sheet date when materi?1.
Resources expended
All expenditure is accounled for on an accruals basis and has b*n dassffied under headings that aggregate all
costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to Make
payments to third paTb"es, it is probablè that Ihe settlement will bE required and the amount of the obligatr.on (an t
measured reliably_ It Is otegorised under the following expendrture headin9S-
Raising ft2nds,' these include costs of fijndraising and events.
Charitable activities", these indude grants to third partses and the costs ofadministering the charity inclusNe of
govemance costs.
Grants payable to third parties are within the ehantable objectives. Where uneonditional grants are offered, this is
accrued as soon as the reciptent is noffied of the grant, as this gives rise to a reasonable expectation that the
recipient W411 receive the grant5. Where grants are condthonal relating to perf0rrnan￿ then the grant is only accJued
when any unfulfilled conditions are outstde of the control of the charity.
Support and govemance costs a￿ those that assist the work of the chanty but do not direcdy represent charitsble
activities. They are incurred diredy in support of expenditsjre on the objects of the charity. Governan￿ costs are
those incurred in the govemance of the charity and primarity associated the constitution and ststutory
re
uirements.
Page 9

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POLICIES
VAT
The charity is not ￿gistered for VAT and is unable to recover VAT incurred. On this basis eosts are recorded
indusive of VAT within the SOFA.
Taxation
The charty is considered to pass the tests set out in sections 521 to 536 InconE Tax Act 21x17 (ITA 20071, as such
no income tax is poyable on the charity's ath"vrtEs.
DebtOKS receivable and creditors payable within one year
Debtors and creditors with no stated interest rate and recewable or payable within one year are re￿rded at
transa¢b"on pri￿. Any losses ari&ng from impaim*nt are recognised in expendI￿re.
Cash and cash equivalents
Cash and cash equivalents in¢fudes cash at bank and in hand.
Foreign currency
Monetary assets and liabilities denominated in foreign currencies are tran￿ated into Pounds Steding at fates ot
exchange ruling at the balance sheet date. Transactions in foreign Ixjrrenues are translated into Pounds Sterfing at
the rate ruling on the date of the transath"on. Ex(*ange gains and losses are recr*3nised in the Ststement of
Fund accounting
unresth.cled genefal funds are incoming resour￿ receivabbe or genex8ted for use in fvrtherance of the general
objects of the Charity without restri￿"On.
Restn"cted fvnds are fvnds which a￿ to be used in accordance with specific restrictsons imposed by donors or which
have been raised by the charty for particular purposes. The cost of raising and administering 5u¢h funds are
charged against the specffic fvnd. The airn and use of eath restn.rted fund is set out in notes to these financial
Going eon¢em
The financial statements have been prepared on a going concem basis as the twstees believe that no material
uncertainties exist The trustees have considered the level of fijnds held and the exF*ded level of income and
expenditure for 12 months from authorising these firEancial statements. The budgeted income and expenditure is
suffioent vth the level of ￿ServeS for the chanty to k able to ¢onb"nue as a going concem.
Page 10

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE FINANCIAL STATEMENTS
1. Donation5 and legacies
2023
Total
Funds
2022
Total
Fun(ts
Income Restricted
Funds
Funds
Income
Funds
Restricted
Funds
Donations
Montreux Studio Experience
income
.51S
564.515
590,308
590,308
6,727
597,035
6,727
597,0
564,515
.515
2. Other trading actlvhtes
2023
Totsl
Funds
2022
Total
Funds
Income Restrithd
Funds
Funds
Income
Funds
Restricted
Funds
Freddie for a Day In￿rne
38,449
38,449
38,449
38,449
37.145
37,145
37,145
37,145
3. Inveslment income
2023
Total
Funds
2022
Total
Funds
Unrestricted Restricted
Funds
Funds
Funds
Funds
Int￿Est receNed
3,216
3,216
3,216
3.216
285
285
285
285
4. Raising funds
2023
Unrestricted Restricted Totsl Unrestricted Restricted
Funds
Fund5
Funds
Funds
Funds
2022
Total
Funds
Costs of other tsding activibes
Freddie for a Day costs
42,534
Studio Experience costs
837
Seeknng dOnat￿nS. gtsnts and legaGYes
30th Anniversary YouTube
concert
5.277
42,534
837
22.870
5.069
22,870
5.(E9
5.277
27.939
27,939
Page 11

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE FINANCIAL STATEMETrtrs
5. Charitable activities
2023
Totsl
Funds
2022
Total
Funds
Unrestricted Restricted
Funds
Funds
Unrestricted Restricted
Funds
Funds
Grants to instiiutions
Grant appraisal services
Management seNices
Exchange (gain￿OsS
Legal, stats"onery and
administration
Bank Charges and donation
processing
Governan￿ costs".
Independent examinerfs fee
764,342
20,697
9,154
135.165}
5.762
764.342
20.697
9.154
{35.165)
5.762
642,976
20,756
9,226
{9.962)
642,976
20,758
9,226
(9.9621
5,668
2.624
2,624
1.774
1.774
1.500
768.914
1.500
768.914
1,440
671,878
1,440
671,878
6. Grants to institutions
Year ended 31 March 2023
Recipient name
Country of use
ACET- Nigeria
ACET. Zimbabwe
Action for Integrated Communty Development
Adarsha Rural Health and EcDnomi¢
African Girts Empowemient Ne￿￿rk
Amani UK
Amref Health Afr[¢
Association for Rural and Tribal Improvement
Barrackpore Avenue
Better Women Health
Bulungula Incubator
Cecily's fund
Christs Wthry Centre Communty Based
Concord Trust
Consottium for Street Children
Constitutional Court Trust
Deva lQrubai ScLial Help
Grft Women Link Foundation
Gifted
GI￿ Child Counselling Women Group
Global Education Partnership
Global Livingston Institute
Good Hopes Educab"onal Committee
Holy Cross So¢i81 Service Society
Indian Community Welfare Organisalton
Intemews Europe
Just Charity
Katnarpara Nan Unrwn Sangstha
carried down
Nigeria
mbabwe
Uganda
India
Nigeria
Kenya
Kenya
India
IndK
South Sudan
South Aftic
Zambia
Kenya
India
Sierra Leone
South Afri
India
Uganda
Kenya
Kenya
Tanzania
Uganda
India
India
India
Worfdwide
South Africa
Bangladesh
12.000
12,000
5.000
4,050
5,000
4,547
14,993
3,590
11,000
8,000
15,000
12,250
5,500
3,000
5.000
7,000
4,446
5,368
4,043
7,500
5,865
7,788
2,349
3,579
2,950
20,000
5,000
11,500
208,318
Page 12

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE FINANCIAL STATEMEp¥rs
6. Grants to institutions Icontinued)
Year ended 31 M8
2023
continue
Recipient namè
County of use
No.
Brpught down
Keep A Child AINe
Kenya Arid Regions Children Fund
Kisumu Disabled Self Help Group
Kisumu Shinner
Krupa Jeevan Charitable Trust
Kyamt)ogo Untverstty
Kyambogo University- ￿turned grant payment
M8bona Communty Health Initiative
Mahila Mar9daT3hi
Matemty Africa
Malungu Communty Development
Medical Actitin Myanmar
Milango Ya Tumaini
NAM Publications
Ndola Nutrit￿n Organ￿atiOn
One Voice South Afn"ca
Play it Forward
Rhiza (UK)
Riley Orton Foundation
Rising Women Organisalion
Rural Development Council
Rural Organisation & DeveloFiment
Rural People's Sangam
Samaj Vikas Sanstha
Sangrami Voluntary
Seeds of Hope
sha￿ Jesus Word Ministries
SMILE thays foijndation
Society for Community organisat￿n and Peoples Education
Society for Community OrgantzatDn and Rural Educab"on
Society for Nature Education and Health
Society for Upliftment of Rural Educab"on
Society for Womens Education
SOS Children's Village
st Francis Health Care Servi￿$
St Joseph's Leprosy Patients Soaety
Tackle Afnca
TEMWA
Temwa (UK)
The ASAP Foundation Trust
The Friends of Hope
The South India Neighbourh￿l Netsvo
Three Sisters Educare & Welfare Centre
Turkana Community Foundab"on
Ubuntu Pathways
Ufrdnsi Women Group
United Through Sport
C8med down
208,318
7,600
6,595
5,923
7.032
3,910
7,199
16,8601
6,800
10,000
10,386
3,668
211,161
3,881
10,000
s,000
10,000
5,000
9.260
8,521
5,000
4,000
4,116
2,069
3,926
28,980
9,363
3,920
3,000
4,000
5,980
13,497
7,753
2,270
11.377
9,750
3,901
11,650
7,500
9.188
7,763
6,000
6,371
3.000
3,500
8,000
South Africa
Kenya
Kenya
Kenya
India
Uganda
Uganda
Uganda
India
Tanzania
Kenya
Myanmar
Kenya
Wortthvhje
Zambia
South Africa
Zambia
South Africa
Kenya
Kenya
Indkq
India
India
India
India
Uganda
Indta
India
India
India
India
India
India
Tanzania
Uganda
Indk3
Kenya
Malawi
Malawi
South Africa
India
India
South Africa
Kenya
South Africa
Kenya
South Afri
8,998
735,222
Page 13

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE FINANCIAL STATEMEKTS
6. Grants to tnstitutlon5 {continued)
Year &nded 3t March 2
23
continued
Recipient name
County of use
Brought down
Village Womens Development Society
World Medical Fund
Zambia Orphans
ZamuxoS0 Orphanage
735,222
3.120
10,000
13.000
3,000
764,342
Indra
Malawi
Zambia
Scmjth Africa
Yearended 31 M rch 202
Recipient name
County of use
No.
ACE Ahca IUK}
ACET UK
ACET UK
Asemtso Kare Geno Initiatives
Asociatia Semper Music
Avert (UK)
Ba￿a¢k￿re Avenue Women's CultuRI Sc(iaS & ￿Te Sc¢
Baynards Zambia Trust
Bhubesi Pride Foundation
Brass forAfric8 (UK)
Bulungula Incubator
Bureau of Obligate & A￿0rnpan￿r for Rural Development
Cabrini Ministries
Cecily's Fund
Chiedza Child Care Centre
Child In￿ative Agency
Community Action for Rural Development
Deepam Trust
Ebenezer Women Welfare Sangam
Feed the Minds IUKI
Gid Child Counselling w0n￿n Group
Global Livingston Inslrtute (USA)
Health Equity Intemalional
Health Ltd Ua Health Povety Action
Hillcrest AIDS Centre Trust
Integrated Rural Development Soc
Katnapara Nan Unnayan Sangstha
Lilerales Welfare Associ*ton
Mahila Margadarshi
Medical Action Myanmar
MESAP trust
NAM aidsrnap (UK)
Nurture Africa
Paribartan
People's Association for Community Health Educabon
Reaching the Unreached
Restless Development
Sangrami Voluntary OrganisatM)n
Carried down
Taroania
mbabwe
Nigeria
Kenya
Romania
Worlthwde
Ind¥a
Zambia
Malawi
Uganda
South Africa
India
12,107
5,424
9,000
5,702
854
18,120
7,100
5,000
10,000
20,000
13,794
4,500
12,OQO
27,101
7,602
3,801
6,566
4,056
3,400
20,000
7,500
5,000
5,906
17,630
6.996
2,907
10,000
5,702
7.500
96,842
3,796
7,500
15,185
7,500
7,152
7.000
46,936
28,250
485,429
Zambia
'mbabwe
Uganda
India
India
India
Uganda
Kenya
Uganda
Haiti
Rwanda
South Africa
India
8angladesh
India
Indta
Myanmar
India
Wortthide
Uganda
India
India
India
Tanzania
India
Pag¢ 14

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE FINANCIAL STATEMEtrrrs
6. Grants to institutions {ctintinued)
Yearended 31 March 2022
continued
Recipient narne
County of use
Bnwght down
SKRUM UK
Snehalaya UK
SNEKITHI Charitable Tru*
Social Action for ValLte Education Trust
Social Health and Education Development
Srxiety for Communty Development Projec*
Society for Education Researeh & Village Empowefment
Society for People's Edutst￿n & Economic Change
Society for Women's Education & Awareness DeVety￿t
Streetlnvest IUKI
suc￿Ss Trust
Tanzania People Devek•pment Organisatron
Tearfund IUKI
The Bali Children's ProJ"ect
Theatre for a Change {UK)
Three Sisters Edueale and Welfare Centre
Together for Development
UNICEF {UIQ
Upeme Community Education Centre
Vaigai Mahalir lyakkam
Welfare Organisation for Rural Devebpment
Woza Moya Communty Developff*nt Pmject
Zamuxolo Orphanage
485,429
10,000
15,353
2,500
5.065
4,203
3,300
2,500
6.100
3,500
5.000
2,353
4,600
15.000
5,020
30,000
3,000
6,000
10,000
8,112
2,900
3,041
7,000
3,000
642,976
Swaziland
India
Ind
India
India
India
India
Indra
India
Sierra Leone
Indkg
Tanzania
Nigeria
Indonesig
Malawi
South Afri¢a
Ghana
Tanzania
Zambia
India
India
South Africa
South Afnca
7. Independent examinerfs fees
2023
Total
Funds
2022
Totsl
Funds
Unrestricted Restricted
Funds
Funds
Unrestricted Restri¢ted
Funds
Funds
Examinalion current year
Examination prior year over p
1.500
1.500
1,500
60
1,500
60
8. Related party transactions
No Trustees or companies where a Tntstee was a directof r*Ned any remuneration or expenses during the year
B H May, R M Taylor, and H J Beach. who are Tntstees of the TnFSt are also directors of Tonleigh Lld, a company
which rnade donation5 to the Trust amounb"n9 10 £390,276 duilng the year {2022.' £438,495}
Page 15

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ￿￿RCH 2023
NOTES TO THE FINANCIAL STATEMENTS
9. Credito￿. amounts falling due within ¢)ne year
2023
2022
AccNals
Grants payable
Deferred in￿rne
31.764
169,689
7.000
208,45
45.588
243,609
289,197
Brought
forward
Released Deferred
in year
in year
Carried
fop•ffird
DefeThed income." Event sales in advan
7,000
7,000
10. Analysis of net assets between ￿ndS
2023
Unrestricted Restricted Total Unrestricted Restricted
Funds
Funds
Funds
Funds
Funds
2022
Total
Funds
Current assets
Current liabilities
2.975.045
208,453
2,766,592
2.975,045
208,453
2,766,592
3,267.171
289.197
2,977,974
3,267,171
289,197
2,977,974
11. Net movorngnt in funds
Year ended 31 March 2023
Total funds
Totsl
Total
TraTrsfer¥ Total funds
brought
incoming
resour¢es between
carried
forward resources expended
funds
fonvard
Restricted ftjnds
Unrestricted funds
2,977.974
2,977,974
606,180
606.180
817,562
817,562
2,766,592
2,766,592
Year ended 31 March 2022
Total lunds
Total
Totsl
Transfers Total funds
brought
incoming resources between
carried
forward resources expended
funds
ft)rward
Restricted ￿ndS
Unrestrided fvnds
3,043,326 634,465
3,043,326
634.465
699.817
699,817
2.977.974
2,977.974
Page 16

MERCURY PHOENIX TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE FINANCIAL STATEMENTS
12. CompaTative statsment of financial actt¥itses
2022
Total
Fund8
Unrestricted ReStrI￿d
Funds
Funds
INCOME AND ENtK)WMEpifs FROM:
Donab'ons and legacies
Other trading acbvities
Investrnents
597,035
37.145
285
597,035
37,145
285
Total
634,465
634.465
EXPENDrruRE ON:
Raising fvnds
Charitable activities
27,939
671.878
27,939
671,878
Total
699,817
699,817
Net incomelexpenditure)
(65,352)
{65,3521
Transfets between funds
11
Net movement in funds
165,352)
165,352)
RECONCILIATION OF FUNDS
Total funds brought forward {reslated)
10. 11
3,043,326
3,043,326
Total funds carried forward
10. 11
2,977.974
2,977,974
Page 17

Mercury Phoenix Trust
MPT Donations Received 2022-23
Currency: GBP
Description
PayPal
Giving.com
Payroll Giving
individual
Universal
Charities Trust
Anglia Giving
Various School colleges
Espace Jouet
ttle Thief
Amazon Smile
SWR
Hugo Boss
Silvia Lu
Shinko Music
Drum Workshop
Loews Hotel
SACD
Lille will Rock You
Online Giving Foundation
WWRY Collertion
Nightjar
Montreux Boat Tours
Freddie Tours Switzerland
20.588.85
23.808.73
49.92
1.311.41
30,CN)O.(x)
144.00
15.CX)
473.21
933.02
5(X).CKI
112.72
990.99
8,456.59
1.501.76
318.32
478.33
278.73
4,150.06
1,776.09
2.228.18
6.503.51
2.748.50
694.08
5.463.72
i.LKM).
11,267.77
47.042.38
390,276.28
1.335.51
67.50
Queen Fan aub Convention
Prizeo
Tonleigh
Micha Bajonoska
Little Freddie Goes to School
564.515.16