AGM Chair Opening Statement
"Thank you all for takinE the time to attend our 2023 Autumn AGM"
Included on your seats is our AGM report which outlines each area and contains
some condensed headlines of our financial performance during the financial year
2022- 2023. There is also a copy of the audited accounts which detail our in-depth
financial performance for the year.
This is the first year we have aligned our AGM to Autumn allowing us to discuss the
financial year that we ended in March this year. The board and I see this as an
incredibly im portant step
-It means the figures we present are more current and meaningful
-It aligns us to many other not for profits who operate a si milar structure
-It reflects the excellent work of our operational and finance teams who's accuracy of
reporting has ultimately made th is change possible.
The key financial performance figures for the year are as follows-
Total Revenue of £535,300 vs Previous Year figure of £482209
Total Costs of £533556 vs Previous Year figure of £489628
Our end result for the year being a small excess of £1744.

As a long standing member of the MRC board of trustees and current chair it has been
extremely satisfying to see our growth over the last 3 years. During my long time being
associated with the organisation never before have we had such strong presence in the local
community. I believe we are living the values as set out in our Original Articles of
Association and this can be seen in the powerful statistics around visits to the site with a
future target of IOOK visits this year.
As a small community organisation we do not have the resources of well known national
charities and as such we have had to work extra hard to achieve the recognition and impact.
So many inputs have gone into developing our fabulous reputation and it would be
inappropriate for me to single out individual achievements. I speak on behalf of the rest of
the board of trustees in sincerely thanking our MRC Tea m for delivering such a great service
to the local community.
The significant changes we have made over the last 3 years have enabled our leaders to think
strategically in order to develop long term plans for our organisations future. The ability to
think in thi5 way is crucial and is something that will ensure future successes for the MRC.
On behalf of myself and the board I'd like to say a massive thank you to all our customers,
visitors and donors who make so much of what we do possible. Thank you alll

I'm going to hand over to Paul now who will briefly give his view of the financial year,
premier our new promotional video and give a brief presentation on our 3- 5-year plan.
There will be a n opportunity for questions after the video and Paul's presentation.
Finally, we will end with the statutory election of our trustees and a chance for any final
questions.

ReGISTERED COMPANY NUMBER: 03230594 (England and Wales)
REGISTERED CHARITY NUMBER: 1058583
Report of the Trustees and
Unaudited Financlal Statements for the Year Ended 31 March 2023
for
MRC Community Action
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Rciad
Coalvllle
Leics
LE67 3QE

MRC Community Action
Contents of the Financial Statements
for the Year Ended 31 March 2023
Page
Report of the Trustees
Independent Examiner's Report
statement of Financial Activities
Balance Sheet
6 to 7
Notes to the Flnanclal Statements
8 to 14
Detailed Statement of Flnancial Activities
15 to 16

MRC Communlty Action
Report of the Trustees
for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the financlal statements of the charity for the year ended 31 March 2023.
The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of
Recommended Practi￿ applicable to charities preparing their accounts in accordatbce with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 20191.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companles Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03230594 (England and Wales)
Registered Charlty number
1058583
Registered office
85 Belvoir Road
Coalville
Leics
LE67 3PH
Trustees
JGReid
S Hughes
Mrs H J Panter
L Ricaby
R Barlow
C l Large
R Tugnet
Company Secretary
Independent Examiner
Elverstone Large Ltd
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE
Approved by order of the board of trustees on
behalf by..
and signed on its
Page I

MRC Communlty Action
Report of the Trustees
for the Year Ended 31 March 2023
S Hughes - Trustee
Page 2

Independent Examiner's Report to the Trustees of
MRC Community Action
Independent examiner's report to the trustees of MRC Community Action ('the
Company.)
I report to the charity trustees on my examinatlon of the accounts of the Company for the year
ended 31 March 2023.
Responslbllltles and basis of report
As the charity's trustee5 of the Company {and also its directors for the purposes of company law)
you are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 {'the 2006 Act'l.
Having satisfied rnyself that the accounts of the Company are not requlred to be audited under
Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of mv
examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011
{'the 2011 Act,). In carryino out my examination I have followed the Directions given by the
Charity Commi5siofb under Sectlon 145(5) Ibl of the 2011 Act.
Page 3

Independent Examiner's Report to the Trustees of
MRC Community Action
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a
listed body. I can confirm that l am qualified to undertake the examination because l am a
member of the Association of Chartered Certifi'ed Accountants, whlch is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention In
connection with the examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of
the 2006 Act,. or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006
Act other than any requirement that the accounts give a true and fair view which is not a
matter consldered as part of an independent examlnatlon. or
the accounts have not been prepared in accordance with the methods and principles of the
statement of Recommended Practice for accounting and reporting by charities (appllcable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable In the UK ar)d Republic of Ireland IFRS 102)).
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Elverstone Large Ltd
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
168 Belvoir Road
Coalville
Leics
LE67 3QE
Date..
Page 4

MRC Community Action
Statement of Financial Activities
for the Year Ended 31 March 2023
2023
Total
funds
2022
Total
funds
Unrestricted Restricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
416,387
416,387
373,806
other trading activities
Investment income
117,827
1,086
117,827
1,086
105,130
3,273
Total
535,300
535,300
482,209
EXPENDITURE ON
Ralslng funds
501,692
501,692
463,967
Other
31,864
31,864
25,661
Total
533,556
533,556
489,628
NET INCOME/(EXPENDITURE)
1,744
1,744
(7,419)
RECONCILIATION OF FUNDS
Total funds brought forward
330,571
330,571
337,990
TOTAL FUNDS CARRIED FORWARD
332,315
332,315
330,571
The notes form part of these flnancial statements
Page 5

MRC Community Action
Balance Sheet
31 March 2023
2023
Total
funds
2022
Total
funds
Unrestricted Restricted
fund
funds
Notes
FIXED ASSETS
Tangible assets
101,354
101,354
117,164
CURRENT ASSETS
Debtors
Cash at bank and in hand
io
65,488
200,444
65,488
200,444
107,242
171,542
265,932
265,932
278,784
CREDITORS
Amounts fa15ing due within one year
{34,971)
{34,971)
{65,377)
NET CURRENT ASSETS
230,961
230,961
213,407
TOTAL ASSETS LESS CURRENT
LIABILITIES
332,315
332,315
330,571
NET ASSETS
332,315
332,315
330,571
FUNDS
Unrestricted funds
12
332,315
330,571
TOTAL FUNDS
332,315
330,571
The charitable company is entitled to exemption from audlt under Sectlon 477 of the Companies
Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of Its financial statements for the
year ended 31 March 2023 in accordance with Section 476 of the Companles Act 2006.
The trustees acknowledge their responsibilities for
{a)
ensurlng that the charitable company keeps accounting records that comply with Sections
386 and 387 of the Companies Act 2006 and
{b) preparing financial statements which give a true and fair view of the state of affalrs of the
charitable company as at the end of each fbnancial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sertions 394 and 395 and whlch
otherwise comply with the requirements of the Companies Act 2006 relating to financlal
statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...

MRC Community Aetlon
Balance Sheet- continued
31 March 2023
These financlal statements have been prepared in accordance with the provisions appllcable to
charitable companies subjert to the small companies regime.
The financial statements were approved by the Board of Trustees and authorlsed for issue on
and were signed on Its behalf by..
S Hughes - Trustee
The notes form part of these financial statements
Page 7

MRC Communlty Action
Notes to the Financial Statements
for the Year Ended 31 March 2023
ACCOUNTING POLICIES
Basis of preparing the financlal statements
The financial statements of the charitable companyi which is a public benefit entlty under
FRS 102, have been prepared In accordance with the Charities SORP IFRS 102) 'Accountlng
and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 102) (effective l January 20191,, Financial Reporting
standard 102 'The Financial Reporting Standard applicable In the UK and Republic of
Ireland, and the Companies Act 2006. The financial statements have been prepared under
the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has
entitlement to the funds, it is probable that the Income will be received and the amount can
be measured reliably.
Expenditure
Liabilitles are recognised as expenditure as soon as there Is a legal or constructive
obligation committing the charity to that expenditure, it is probable that a transfer of
economic benefits will be required In settlement and the 3mount of the obligation can be
measured reliably. Expenditure is accounted for on an accruals basis and has been clossified
under headings thal aggregate all cost related to the category. Where costs cannot be
directly attributed to partlcular headings they have been allocated to activities on a basis
consistent with the use of resources.
Tangible f ixed assets
Depreciatlon Is provided at the following annual rates Sn order to wrlte off each asset over
ts estimated useful life.
Freehold Land and Buildings - 50 years stralght line
Motor Vehicles ~ 7 years straight line
Fixtures & Fittings - 10 years straight line
Computer equipment 4 years stralght line
Taxation
The charlty Is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used In accordance with the charitable objectives at the discretion
of the trustees.
Restricted fund5 can only be used for particular restricted purposes within the objects of the
charity.
Restrlctions arise when specified by the donor or when funds are raised for
partlcular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
Page 8
continued.

MRC Community Action
Notes to the Financial Statements- continued
for the Year Ended 31 March 2023
OTHER TRADING ACTIVITIES
2023
2022
Shop Income
117,827
105,130
INVESTMENT INCOME
2023
2022
Deposit account Interest
Other income
567
519
33
3,240
1,086
3,273
RAISING FUNDS
Raising donations and legacies
2023
2022
Support costs
384,817
351,048
NET INCOME/(EXPENDITURE)
Net incomellexpenditure) is stated after charging/{crediting):
2023
2022
Depreciation owned assets
16,606
16,827
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2023
nor for the year ended 31 March 2022.
Trustees. expenses
There were no trustees, expense5 paid for the year ended 31 Narch 2023 nor for the year
ended 31 March 2022.
Page 9
continued...

MRC Community Actlon
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
STAFF COSTS
The average monthly nL¢mber of employees during the year was as follows..
2023
27
2022
28
Employees
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
373,806
373,806
other trading activlties
Investment income
105,130
3,273
105,130
3,273
Total
482,209
482,209
EXPENDITURE ON
Raising funds
463,967
463,967
other
25,661
25,661
Total
489,628
489,628
NET INCOME/(EXPENDITURE)
(7,419)
{7,419 >
RECONCILIATION OF FUNDS
Total funds brought forward
337,990
337,990
TOTAL FUNDS CARRIED
FORWARD
330,571
330,571
Page 10
continued...

MRC Communlty Actlon
Notes to the Flnanclal Statements- continued
for the Year Ended 31 March 2023
TANGIBLE FIXED ASSETS
Computer
& Fixtures
equipment
Freehold
property
Motor
vehicles
Totsls
COST
At l April 2022
Addltions
220,366
280,332
114,959
796
615,657
796
At 31 March 2023
220,366
280,332
115,755
616,453
DEPRECIATION
At l April 2022
Charge for year
124,629
4,048
266,515
8,575
107,349
3,983
498,493
16,606
At 31 March 2023
128,677
275,090
111,332
515,099
BOOK VALUE
At 31 March 2023
91,689
5,242
4,423
101,354
At 31 March 2022
95,737
13,817
7,610
117,164
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade debtors
Marlene Reid Enterprises
Rent Deposlt - Attic new lease
VAT
Prepayments
14,110
30,432
3,300
1,686
15,960
48,941
30,432
3,300
1,425
23,144
65,488
107,242
Page 11
continued...

MRC Communlty Actlon
Notes to the Financial Statements - contlnved
for the Year Ended 31 March 2023
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade creditors
Soclal secLtrlty and other taxes
other creditors
Deferred Income
8,847
3,357
210
22,557
28,213
2,547
1,372
33,245
34,971
65,377
12. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
330,571
1,744
332,315
TOTAL FUNDS
330,571
1,744
332,315
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
535,300
(533,556)
1,744
TOTAL FUNDS
535,300
(533,556)
1,744
Comparatives for movement in funds
Net
movement
in funds
At
31.3.22
At 1.4.21
Unrestricted funds
General fund
337,990
(7,419)
330,571
TOTAL FUNDS
337,990
(7,419)
330,571
Page 12
continued.

MRC Community Action
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
12. MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
Incomlng
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
482,209
{489,628)
17,4191
TOTAL FUNDS
482,209
{489,628)
17,419)
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
At
31.3.23
At 1.4.21
Unrestricted funds
General fund
337,990
(5,675)
332,315
TOTAL FUNDS
337,990
{5,675)
332,315
A current year 12 months and prlor year 12 months combined net movement In funds,
ncluded in the above are as follows-.
Incomlng
resources
Resource5
expended
Movement
n funds
Unrestricted funds
General fund
1,017,509 {1,023,184)
15,6751
TOTAL FUNDS
1,017,509 (1,023,184)
15,675)
Page 13
continued..-

MRC Community Action
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
14. RESTRICTED FUNDS
The following Restricted items are included In Unrestricted Funds:
Restricted Income
Donations - Children & FamilieslMRC The Centre/ Donations - £17,090.02
Donations -Transport Donation - £62.74
Charitable Income Transport - SCS Driver £24,476.83
Transport- ACS Driver £7,751.73
Transport- DAR £5,035.50
Transport Grants - £75,920.00
Shop Income - Donated Goods - £82,021.18
TOTAL RESTRICTED INCOME- £212,358.00
Restricted Expenditure
Charltable Expenditure Transport SCS Driver Expenses - £23,294.88
Transport ACS Driver Expenses - £5,884.60
Transport Volunteer Expenses - Nil
TOTAL RESTRICTED EXPENDITURE - £ 29,179.48
Page 14

MRC Community Actlon
Detailed Statement of Financlal Activities
for the Year Ended 31 March 2023
2023
2022
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Charitable income
Grants
Donated services and facilities
21,611
173,992
140,215
80,569
12,338
135,195
155,250
71,023
416,387
373,806
other trading activities
Shop income
117,827
105,130
Investment income
Deposit account interest
other income
567
519
33
3,240
1,086
3,273
Total Incoming resources
535,300
482,209
EXPENDITURE
other trading activities
Charitable expenditure
116,875
112,919
other
Bad debts
Sundry expenses
Rates, water & service charge
Rent payable
Legal & professional
Subscriptions
1,067
10,775
3,000
11,617
5,013
392
7,827
1,306
11,000
5,314
214
31,864
25,661
Support costs
Management
Salaries & wages
Redundarscy & severance payment
Carried forward
299,684
242,683
7,484
250,167
299,684
This page does not form part of the ststutory financlal statements
Page 15

MRC Community Action
Detailed Statement of Financial Activities
for the Year Ended 31 March 2023
2023
2022
Management
Brought forward
Accountancy
Insurance
Light and heat
Telephone & Fax
Postage and stationery
IT equipment & repairs
Repairs & maintenance
Cleaning
299,684
3,080
3,965
24,724
5,031
3,444
5,739
17,539
1,438
250,167
5,432
6,353
17,495
5,340
2,922
6,027
36,373
721
364,644
330,830
Flnance
Bank charges
3,567
3,391
Human resources
Freehold property
Fixtures and fittings
Motor vehicles
4,048
3,983
8,575
4,048
3,782
8,997
16,606
16,827
Total resources expended
533,556
489,628
Net income/(expenditure)
1,744
(7,419)
This page does not form part of the statutory financial statements
Page 16