Regi$tsred number: 02S52186
Charity numb¥r- 1063698
MARSHA PHOENIX MEMORIAL TRUST
IA company limited by guarantee)
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
HEDLEY DUNK LIMITED
Chartered Accountants & StatLbtory Audilor
Trinity House
3 Bullace Lane
Dartford
DA1 1BB
'AACK46AQ'
07109r2021
COMPANIES HOUSE
A07
*k61

MARSHA PHOENIX MEMORIAL TRUST
{A ¢ompany lim•ted by guarantee)
CONTENTS
Page
R•f•refi￿ and admlnistratlve details of the charity. its Truste•s and •dvl$ers
Trustees. report
Ind•p•nd•nt auditors. report on the financial statements
ststement of finon¢ial ¥¢tivrliès
Balance sheet
Slatgm•nt of ¢a$h flows
10
Not•$ to the fin*n¢i•l statements

MARSHA PHOENIX MEMORIAL TRUST
{A conwny llmlted by guardnteel
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 AIARCH 2021
Trustees
W Phoenix
Ms E Slanford Xose
Ms J Befbeck
Mi D Martin
Ms C R Smith
Ms L Char￿$
Ms J Mackie
Mr D Gray
Ms R Reyn¢Sds
Mrs J Chandkr
Company regi$tered
number
02552186
Charlty registered
number
1C63698
R•gistered office
9￿92 TressI￿an Road
Brockley
London
SE4 1YD
Ch￿f •x•cutiv• oificer Rebecca Long
Ind•p¢nd¢nt audltors
Hedley t*Jnk Limited
3 Bullace Lanè
Dartford
Kent
DA1 2TU
Banke
HSBC plc
90 Deptfod Hwh Street
London
SE8 4RQ
Page 1

MARSHA PHOENIX MEMORIAL TRUST
IA company limit￿ by guarantee}
TRUSTEES. REPORT
FOR THE YEAR EIIDED 31 MARCH 2021
The Trustee5 pr&senl their anThJal reF￿ together with the audited financial stslements of the Marsha Phoenix
Memorial Tnjst for the 1 Awil 2020 to 31 March 2021. The Ann¢￿ report serves the purposes of both a
Trustees, report and a dire¢tors' report under company Lw4. The Trustees o)nfirm that the Annual repon and
financial statements of the ¢h#rttable ¢ompany compty wth the ojrrent statutory requifements, the requirements
of the ¢har¢table ¢ompanYs goverrbing documeni and Ihe provisions of the Statement of Recommended Practice
(SORPI applicable to charities preparing their accounts in awjrdance with the Financial Reporting Siandard
applicable in the UK and Reput4ic of Ireland IFRS102) {efferlive 1 January 20191.
Since the charity qualifies as small under sectKJn 382 of the Companies Act 2CIX. the Strategic report fequired
of medium and large companies under the Companies Aca 20C6 (Stralegic Report and Dired(ws' Rerx)rt)
Regulations 2013 has been omrtted.
ObjectiTWS and activiti•s
• Pollcles and obiectlv¢$
In setting objective5 and planning for activities. the Trustees have gryen due cvrtsKJeration to general guidance
published by the Charty Commission relating to Publ￿ benefrf. includ￿9 the guidance 'Public benefrt.. running a
charity IPB21'.
The prin¢iple objed of the eharity dLrring the year was to wn ts¥o h05teL8 for the benefil of young horne￿$5
wofflen and ¢aler for their welfare. support and sooaE needs. This wil be ihe objective of the charty going
forward.
Achlevements •nd perforn￿nCe
• R•vlew of acfjvbti•s
Chaniy has worked hard during the year to achieve the aims of Ihe organisats"on. Propety mainlenance has
continued to ensure a good and safe environment for the yOLry women. A steady programme ol other services
has been prov¢ded. Through canvassing w'nKJn during Ihe year were able to confimi that stsff and resident
satisfaction wtth the semce remained hpJh. We faced some challenges relaled lo the Coronavirus panderni¢ bul
managed to keep open and everyone as safe as we w8re able during testing tsme.
Flnanelal review
• GoSng concern
After making appropriate enquir*s. the Trustees have a wsoftable expectation that the ¢harity has adequate
resources to continue in operational exIster￿e lor the foreseeable fulure. For this reason. they continue lo adopt
the goirrtJ concern basis in preparing Ihe finan￿31 sialements. Further details reyaraing ihe adoptson of the going
concern bass can be found in the accounting poliryes.
• R¢$er¥¢$ poll¢y
Th8 Tni%lees have reviewed the ¢hartys wuirernents for reseryes and established a poficy that it should aim lo
hold unr¢stri¢ted re$¢we5 behveen 9 and 12 monlhs tsf expendiluiÈ. The reserve￿ are rtreoded lo mp.p.t Ihe
working Capital requirèments of tl)e Charity and the Trustèes are confident that at this level the charity would be
able to ¢onlinue in the event of a signthcanl drop in fiJndin9.
Page 2

MARSHA PHOENIX MEMORIAL TRUST
(A company limited by guarantee
TRUSTEES. REPORT ICOMTINUEDI
FOR THE YEAR ENDED 31 MARCH 2021
• Principal risks and uncertainties
The princrple risk facing the charity woukl be an unexpecled k)ss of fuTrJing. To miligale this risk the Truslees
have a suilaNe rèserves policy and will ¢onlwiue to build reserve5 lo ensure ihe charity is on strong finan(aal
footing lo face any un¢ertaintie$.
• Prlnelpal fundlng
The princAple funding is from IrKal authoritie5 and rent charsed. The trustees ye￿¢W the rent levels yearly to
ensure they are appropriale.
StfU¢ture. goveman¢e and management
• Consbtutlon
Mwsha Phoenix Memorial Trust is registered as a (*aritable company limited by guarantee and was set up by a
Memorandum of Assouation dated 25 October 19￿1 arHJ rewised on 11 June 2010 and is a registefe¢J charity
number 1063698.
• Methods of appointment or electloTr of Tnmtees
.The Trustee5 8re appoinle11 al the Annual General Meeting by the" members of the company. Should a vacan
arise during Ihe year Ihe Tnjstees fan C￿ further Tfttstees to Ihe board.
Finan¢i•l risk manag•m•nt
The Trustees have a55es5ed the Ma1￿ risk5 to which the charity is exposed, in parts"uAar those relaled lo ihe
opèrations and finances of thg ¢hanty. and we satisffied that $ystem$ and pro¢edufes are in place to mitigate
exptssure to the major risks.
Plans fol futur• perlods
A new business plan commenced in 2019 to mainlain our posthon as a servi¢¢ provider in the borough and lo
maintain and build on current levels of hjnding to enabk u$ to focu5 on the core business. We continued to
mana9e our income carefully during the year. trwng to maximise the posth.ve impact on service delivery for our
cl￿ntS and maximise our income from rent. grant5 and lundfaisirbg. We also. ￿ntInued a programme of
improvement whth the Trust wothed through during this finan(ial year. which will be ￿rrIed forward. We
Ca￿lIn￿e lo look at means of fvndraisin9 and ongoing improvernent WO￿ within the projed to sustain our
posrtion. The aim of the improvements is lo put the charity on a more sustainable fwling going fonvard. Key
obiectives have in¢luded boking to woth in rn0￿ efficient ways includin9 continuing with outsourcing some key
financial work. and ¢onb"nuin9 to ty to obtain more realist￿ remuneration for our services going lo￿ard. This
work has continued during this finanual year with several key goals bwThJ met vmhin Ihe plan arKI the work
towards aim will be carried lO￿ard into 2021122.
Page 3

MARSHA PHOENIX MEMORIAL TRUST
IA company limited by guarantee)
TRUSTEES, REPORT IcopillNUEOI
FOR THE YEAR ENDED 31 MARCH 2021
Ststsment of Truste￿. respon$lbllltles
The Trustee$ {who are aso the dyectors of the charity for the puws of ¢ompany lawl are responsible for
preparing the Trustees. report and the finanual statements in J￿rdance wth applicable law and United
Kingdom Ac¢ounling Standards {Unrte¢J Kin9dom Generalty Accepled A(wunting Praclicel.
Company13w requi￿5 the Trustees to prepare financial statements for ea¢h finan¢t81 . Under ¢ompany law. the
Truslees must nol approve the finanoal slaiements unless they are satssfied Ihal they give a tnje and fair wew of
the state of affairs of the charity and ol its incoming resources and application of resources, including 115 income
and expendilure, for that period. In Preparing ihese financial slalernenls. the Trustees are required to..
select suitable accounting pc4icies and then apth them Mnsislenty.
observe the methods and principles of Ihe Charities SORP IFRS 1021..
make judgments and accounting eslim*es that are reasonable and pmdent-,
stale whelher ap￿ICable UK AC￿vn11ng Standards {FRS 1021 have been f￿loWed. Sltbject to any maleiial
departures disclosed and explained in the finanual statements.,
prepare the finantsal slalemenls on Ihe going ¢oncem basis unlvss it is inappropriate lo presum& that the
harity will continue in buwne$s.
The Trustees 8re ￿sponSible for keeprn9 adequ*e accounting records that are sufficient lo shw and explain
the Charills iransadions and disdose wth ￿asonable accuracy at any lime ihe financial position of the ¢harily
and enable them to ensure Ihal the financial slalemenls comp￿Y with the Companies Act 20C6. They are 81$0
Tespon5ible for safeguarding the asse15 of the d)anty and henc¢ for takin9 reasonable steps for the prevenlion
and detection of fraud and othw iTheguIarit￿s.
Disclosure of Information to auditors
Each of the persons who ar¢ Tru$lee$ at the time vthen ttys Trustees. report 15 apwoved has ¢onfimied thal..
so far as that Trustee is aware. Ihere is M relevant audit infMnation of whith the charity's auditors are
unaware. and
that Trustee has laken al the steps that ovghl lo have been taken as a Trustee in c*der to be 8W8re of
any relevant audf( information ant1 to esiablish that the charitys audrtors are aware of thai inltymation.
Auditors
The 8udiiors. Hedley Dunk Limited. have indicated their willingness to e47rtinue in office. The designated
Trustees will propose a motion reappoinb"n9 the auditors at a meeting of the Truslee5.
Approved by OTd¢i of the members of the board of Trustees and sbjned on thLyr beham by..
W Phoenix
Date.. 9 August 2021
Page 4

MARSHA PHOENIX P•1EMORIAL TRUST
(A company limited by guarnntse
INDEPENOENT AUDITORS. REPORT TO THE MEMBERS OF MARSHA PHOENIX MEMORIAL TRUST
Oplnion
We ha¥e audited the financial statements of Marsha Phoenix Memorial Trust lihe 'tharilable company) for the
year ended 31 Mar¢h 2021 which cgmprise Ihe Statemenl of fjnan¢ial acliwties, Ihe Balance sheet, the
Stslement of Cash flows and the Telaled notes. induding a summary of si9nrficant accounthng poliries. The
finan¢ial reporting framewotk that has been applied in their preparation is applicable law and United Kingdom
AccounDng Standards. including Financial Reporting Stsndard 102 'The Financial ReportJ"n9 Standard applicable
In the UK and Republic of Ireland, (Unrted Kingdom Generally Accepled Accounting Pract￿1.
In our the fM)anual stslements:
gpie a true artd fair wew of Ihe stale of Ihe thaiitable compan￿$ affairs as al 31 March 2021 aThJ of its
in¢omFng resourees and appltsb.on of resources, induding its incomè and expenditure for the year then
ended.,
have been prowty prepwed in accordance with United lfjngdom Generalty Accepted Ac¢ounling
Practice.. arKI
have been prepared in accordance with the rew1￿ments ofthe Charities Ad 2011.
8asls for oplnlon
We conducled our audit in accordance with Internat￿n81 Standards on Audrting IUKI IISAS IUK)) and appl￿ble
law. Our responsibilitie5 under those standard5 are ftjrther deS￿be￿ in the Audrtors. fesponsibilities for the audit
of the financial statements section of our report. We afe indepen¢Jenl of Ihe charitable company in accordan¢e
th the ethical requirements Ihat are relevant to our audit of the financial stslements in the United Kin9dorn,
induding Ihe Financial Rewjrting Councifs Ethiral Standard. and we have fuffiiied ¢)ur olher elttical
responsibilities in accordance wrth these requirernents. We bel*ve that the audrt evKJen¢e we hava obtained is
SLrfficienl and appropriate to pro￿de a basis for our opinion.
Con¢lu$ions olating to golng ¢on¢•m
In auditing the finanaal statements, we ha￿ conduded that ihe Truslees. use ol the going con¢em basis of
a¢¢ounting in the preparation ol the finanaal statements is appropn'ate.
Based on the work we have perf0rTned. we have not tdenlified any material ￿CertaintI9$ relating to events or
condition5 that, Indi￿￿u?11Y or ¢ollectivety. may cast significant doubl on the charitable ¢ompany'$ abilty lo
eonts'nue as a going Concern for a perK)d of ai least twe￿ months from w￿n thè financial statements are
authorised lor isstje.
Jr responsibilrties and the responsibilit￿S of the Twstees wrylh respect to going concem are des¢ribed in the
relevant sections of Ihis report.
Other infomiation
The Tiustees are responsible fw the other infomiation. The other informatKJn comprises Ihe information induded
in the Annual report, oihef than the finanaal statements and our Au¢Jitors' report thereon. Our Opin￿)￿ on the
financial statemenls does not covèr the other information and we do not eXp￿sS any form of a55urance
conclusion Ihereon.
In connection with our audil ol the financgal slatemenls, our responsibility is to read the tslher infomlalion and, in
doing so, consider whelher the other infomation is materialty inconsistent wdh the finan¢o1 st8lemenls or our
knowledgè obtained in the audit or otherwse appears to be materialty misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whelher the￿ is a material
misslalemenl in the fjnanoal statemenis or a material misslatemenl ol the other informatson. If. based on the
V￿rk we have perforrne(l. we ¢ondude Ihal Iher$ is a materia misstslemenl of this other information, we are
required lo rem that fact.
Page 5

MARSHA PHOENIX MEMORIAL TRUST
IA ¢ompany limlt•d by guardntee)
INDEPENDEpff AUDITORS. REPORT TO THE MEMBERS OF MARSHA PHOENIX MEMORIAL TRUST
ICONTINUEDI
Matters on whkh we are wequired lo ￿pOrt by ex¢eptloTr
We have nolhing to report in respect of the lol(Ming matlers where the ChaTrties {A￿OUnt$ and Reports)
Regulations 2008 require$ us to report to you il. in our cfjinion..
the infomalion gNen in the Trustees. ieport i% inconsistent in any material respect wilh the financial
statements.. or
suffiaent accounting records have not been kept., or
Ihe ffnanrjal 51alements are not in agreement with the acownliThJ rec(wds and retums.. or
we have not re¢erve¢J all Ihe infomation and explan*1￿$ we require for our aud￿.
Responsibllltles of trustees
As explained more fLIty in the Tru$lees' responsibilities slalement, the Trustees (who are also the directors ol the
¢haritable company fof thè purposes of company bwl are responsible for the preparation of the financial
5tstervenls and for being saiisffied that they give a true and fair view. and for such inlemal ￿ntrol as the
Trustees determine is necessary to enable the p￿paratiOn of ffinancial stslements thal are freè from material
misstatement, whether due lo Iraud or error.
In preparing Ihe finanual slatements. Ihe Tnjstèes a￿ responsibfe for assessin9 the charitable companvs abilrty
to conb'nue as a going con¢em. disdosing. as applK?ble. matters re￿ted lo going concern and using the going
concern basis of accounting unless the Trvslees either interKI to liquidate the charitable company or to cease
operations. or have no iealistic aliemative bul to do so.
Auditr•rs' re¥pon$ibililios for the ¥udil of th• flnan¢ial slal•m•nts
We have been appointed 8$ audrtor under se¢tNy) 144 of the charib.es Aca 2011 and report in aC￿rIdanCE with
the Ai* and relevant regulation5 made or hawrrg effe￿ thereunder.
Our objectives are to obtain reasonabte assurance about whelher the financial stalemen15 as a whole are free
frorn material misstatement, whèther due to fraud OT error, and to issue an Auditors. re￿rt that iftcludes our
ownion. Reasonable assurance is a high ￿Ve1 of assurance. but is not a guarantee that an atjdit conducted in
accordance with ISAS IUKI will ah¥ays detect a material misslalemenl when rt exists. Misstatements can arise
from traud or error and are consideied rnaterial rf, indiwdualty or in the aggregate. they covl¢J reasonably be
expected to iTrfluen￿ the economK dKi$ions of users taken on the basis Of these finanty31 $lalements.
Irregularities, induding fraud, are instan￿5 of non-compliance vAth laws and regulatsons. We design procedures
in line with our responsibilities. outlined above. lo detect material misstalernenls in respect of irregularities,
including fraud. The extent to which our procedures a￿ capabk of delectsng irregularities, indudin9 fraud is
detailed below..
We identifie(l area$ ol ￿ and regulalions that could reasonably be expected lo have a material effect on the
financial slalemenls from our general ¢ommeroal and sector experience and through discussion wlh the
Irusleès and other management las wuirèd by audrting standards) and discussed with the Iru5tees arid other
management the policies and procedures re9aTding ¢oMpElan￿ wrth laws and regulations. We Cornmun￿Ied
identified laws and re9ulatKsns throughout our leam and remained alerl to any indicats.ons of non.compliance
Ihroughc4Jl the audit.
Thè risk of nol dete¢ting a material misstatement resulting from fraud is higher than for oné resulting frorn error,
a$ fraud may involve collusion, forgery. inlentsjnal tynissions. misrepresentalions, or Ihe override of inlemal
controls.
Page 6

MARSHA PHOENIX MEMORIAL TRUST
IA compny lknit•d by guarant••)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF MARSHA PHOENIX MEMORIAL TRUST
{CONTINUED)
We have KlenlTfied and assessed Ihe iisks of material mis5talement of the financial $tatemonts. whether due lo
fraud or error, design and perform audil procedures responsNe lo those risks, and obtain audrt ewdence Ihal is
SLrffJcient and appropriate to proV￿e a ba￿$ for (Njr opsr40n.
These indude..
Gained an underslanding of the internal control enwronmenL
Identifying and le5ting joumal entries. in partI￿18r any Ltnusual and material Éoumal entries Posted.
. Discussed thè risk offraud ￿th thè engagemÈnl team. re9wdirrfJ fraud might oC￿r in ihe financ4al
slalernenls and any potential indicators of fraud.
. Distxssed with the truslees ifthey have any knthyledge of any polenb.al fraud that nay have been Ca￿led
out.
• Read the minules of meetings ofthose charged wilh governance and re￿ev￿ ¢orr&$pondenc* with
HMRC.
Through these proce(1ures. we became aware of no actual or suspected nort-COrnFli8n¢e.
A further description of our responsibililies for the of Ihe financi31 statements 1$ located ￿ the Financ4al
ReportiThJ Counol's websile at.. www.frc.
.ukJaudttorsres
Sibilittes. Th"s desuiption fom)$ part of our
Auditors, report.
Use of our report
This report is made sdety to the charitable companys Iru5tees. as a body. in a¢¢ordance with Part 4 of the
Charities (Accounts and Report5) Regulatsons 2008. Our audrt Work ha5 been undertaken so that we might stale
to the charilable companls Irustees those matters we are required 10 state lo them In an Auditors. ￿pOrt and for
no olher purpose. To the fullest exlent permitted by law. we do r￿1 accept or assume responsibility lo anyone
other than the charitable company and ils members, as a booy. foi our aL￿rt work, for Ihi5 report, or lor Ihe
opinions we have lorm8d.
Hedley Dunk Limited
3 Bullace Lane
Dartrord
Kgnl
DA1 18B
9 August 2021
Hedley Ounk Lirnile(l are eligtble lo act as auditors in lemis of se¢lion 1212 of Ihg Companies Act 2008.
Page 7

MARSHA PHOENIX MEMORIAL TRUST
IA conwany limitsd by guarantee)
STATEMENT OF FINANCIAL ACTIVMES IINCORPORATING114COME AND EXPENDITURE ACCOUMT)
FOR THE YEAR ENDED 31 MARCH 2021
Restricted Unw¢stri¢tsd
fitnds
funds
2021
2021
Total
fund$
2021
Total
funds
2020
Incom• from:
Dtsnalions and legatyes
Charitable acti￿lieS
Other trading actiwties
Itwestments
14.910
3.037
559,883
4.708
2,733
17,947
S59,883
7,926
2,733
16.388
533.386
9.743
1.375
3.218
Total Incom•
Expenditure on:
Charitable activities
18.128
570.361
588,489
$60.892
21.228
513.643
534,871
480,742
Totsl exp¢nditur•
21.228
S13,643
534,871
480,742
Net movement in lund$
Reconciliation of funds:
Totsl funds brought fO￿ard
Net movement in lunds
13,1001
S6,718
S3,618
80.150
157.726
13.100)
726.S10
56.718
884,236
53,618
804.086
80.150
Total funds carrfed lorward
154.626
783.228
937,854
884.236
The Ststement of financial aCtiV￿e$ inchjdes all gains and lossès recognised in the year.
The notes on pages 11 to 24 fom) part ofthese finan(¥al statements.
Page 8

MARSHA PHOENIX MEMORIAL TRUST
IA company limited by guarantee)
REGISTERED NUMBER: 02552186
BALANCE SHEET
AS AT 31 MARCH 2021
2021
2020
Nots
Fixed a55ets
Tangible assets
13
304.834
314,014
304.834
314,014
Current assets
Debtors
Cash at bank and in harKI
14
16.839
631,123
44,128
531.986
647.962
576.114
Creililors". amwnls falling due wlhin one
year
15
{14.9421
14.5901
Net current assets
633,020
571.524
Totsl ¥$sets les$ current li•bilities
937.154
885.538
credito￿.. amounts falling due after more
Ihan one year
16
11.3021
Net assets excluding penslon asset
937,854
884.236
Total net assets
937,B54
884,236
Charlty fund5
Restricted funds
Unrestrided fvnds
17
17
154,626
783.228
157,726
726,510
Total funds
937.854
884,236
The entity was entitled lo exemptN)n from audil under section 477 of the Companies Act 2C(6. The members
have not required the entsty to obtain an audrt for the year in queslion in accordance with section 476 of the
Companies Act 2￿￿. However. an audrt is requi￿ in a¢(Y)r¢Jan￿ with sedion 144 of the CharIt￿S Acl 2011.
The Trustees ad(novledge their responsibilities for comptyry'ng with the ￿quirementS of th• A¢t wrth re$pe¢t to
accounting records and preparation ol financial statements. The fjnarrial statements have been ￿￿pared in
accordance with Ihe provisions applicatle lo eniities subpct to ihe smau companses ¥egime.
The finanoal statements were approved and aulhorised for issue by Trustees and signed on their beham by..
W Phoenix
Dale- 9 August 2021
Page 9

MARSHA PHOENIX MEMORIAL TRUST
IA ¢ompany limiw ty guarant••}
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2021
2021
2020
C•$h flows from op¢rJting a¢tivibes
Net cash used in operating activrties
96.404
66,281
Cash flows from investing activities
Dividend$, interests and rents from invesknents
2.733
1,375
M•t cash pro¥id•d by Inv•sting aetl¥itOès
2.733
1.375
Cash 110￿ from financing activilies
Net cash provlded by financlng actfvltles
Chang• In cash and cash •quivalents in th• year
Cash •)d ¢ash equNalenls al the begM)ning of Ihe ￿ar
99.137
67.656
531.986
464,330
Cash and ¢a$h ¢qufvalents at the end ofthe year
631.123
531,986
The noltrs M pages 11 to 24 fonn part of these finanoal slatements
Page 10

MARSHA PHOENIX MEMORIAL TRUST
IA ¢ompany limitod by guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AIARCH 2021
General information
Marsha Phoenix Memorial Trust i8 a company INnrted by guarantee (Irwraled on 25 Odober 1990,
registered number 025521861 and a regislered tharity {tharty number 1063698) in England and Wales.
Accountlng policies
2.1 Basls of preparation of financial statements
The financial ststement5 have been p￿pared in accordance wth the Charities SORP (FRS 1021-
Ac£ounling and Reporting by Charrties." Slalemert ol Recommended P(adi¢e applicable to charities
preparing their accounts in accordarKe with the Finanoal Reports"ng Standard applicable in the UK
and Republic of Ireland IFRS 102} {effective 1 January 20191. the Financial Reporting Standard
applicable in Ihe UK and RepublK of Irdand (FRS 102} and the Companies Act 2C(6.
Ma(sha Phoeni¥ Memorial Trust meets Ihe definition of a public beneffi entity under FRS 102. Assets
and lia￿litIeS are wiib-alfy reco9nised at his1¢yi￿1 cost or transxlion value unless oiherwise Staled in
the relevant accounting policy.
2.2 Income
l incomè ts recognised on(* the charity has enb"Yement to Ihe income, 1¢ is probable that Ihe irKome
will be receive(J and the amount of income recwvable Can be measLtr&(I reliably.
The reCogn￿on of income from lega¢ie$ is dependent M establishing entrfement. the prcbability of
receipt and the atmlity to estimate with suffiC￿nt a¢￿1￿8¢Y the amount ￿ceivable. Ewdence of
entiuemeni to a lega￿ exists vthen the i*arity has sufficient evidence Uvt a 9rft has been left to them
(through knowledge ol the existence of a valid will and Ihe death of the benefa¢tor} and the &xeculor
is satisfied thal the property in que51ion wil not be required to satisfy claims in the estatè. Receipt of
a legacy must be recognised when il 15 probable thal (( will be rèceived and the lair valve of th&
amount receivable. which generamy be the expected cash amourrt to be dislributed lo the Charity.
can be reIrab￿ measured.
Grants are included in the Statement of finanoal actmties on a receivable basi5. The balan¢e of
income receNeil for Spe￿ purposes bul not expended during the period is shown in the relevanl
funds on the Balance sheet. whe￿ incomè is received in advance of entidement ol receipt. ils
le￿gnItIOn is deferred and induded in ￿edItorS as deferred income. Where entillemenl occurs
before incom¢ is received. the income is acuu¢d.
Income tax re¢ovtrable in relaiion to donations receNed under Gift AKI or deeds of covenant is
recognised at the time of the donat￿.
In¢ome tsx recoverable vi ￿la110n lo investmenl incTrme is recognised at Ihe time the investment
income is receivable.
2.3 Ex￿ndIture
Expenditure is rec4Jgnised once there is a legal or construdive obligation lo transfe( economic benefil
to a third party, (( is probable Ihal a transfer of eujnomic beneffts will be required in settlement and
th¥ amount ol the otAigation can be measured reliably. Expendrture 1$ dassified by a¢tNty- The costs
of èach aciwity are made up of the total of direci costs and shared costs. including SUPPOrt costs
involved in underlaking eath actNity. Oirect costs attributable to a single adiwty are allocated directly
lo thal activrty. Shared costs which contribute to morè ihan one adivty and svpport costs wh¢¢h are
not altributable to a singk activity are appJrb"oned between those activilies on a basis consi$lenl with
the Lose of resources. Central staff costs are alo¢*ed on the basis ol time spent, and depreciation
charges allocated on the wt*Jn ofthe asseys use.
Page11

MARSHA PHOENIX MEMORIAL TRUST
IA Company limited by gu#r•nts¢l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Accounting policies (continu￿>
2.3 Expendliure {conllnu•dl
Expenditurè on ¢haritat4e adivihes is InrJjr￿d on directy undertaking th8 actmties which furlher the
¢haritys objeciives, as well as any assoo*ed support costs.
l expenditure is indusive of irrec4)veraUe VAT.
2.4 Tangible fixed assets and depreclat5on
Tangible fixed assets costing £NIL or more are capitalised and Teeognised when futur¢ e¢onomi¢
benefits are probable and the cost or value of Ihe asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. AfteT rett)gn￿.On. under Ihe ¢osl model, tangible
rixed a55e15 are measured at cJJst less accJJmulated depretxatKJn and any a¢¢umulaled impaiment
losses. All costs inojffed to bllng a tsngible fixed asset into its inlen¢Jed worktng condition Should be
induded in the measurement of cost.
At each repoth'ng dale the chanty assesses whether there 15 any indulion of impairnent. 11 su¢h
indicalion exists, the recoverable amount of the asset is delerrnined lo be the higher of its fair value
less costs to Sell and its value in use. An impairment Ios5 is recognised where the carrwng amount
exceeds the re￿Verable amount.
Depre¢iation is charged so as to allocate the cost of tangible r￿ed assets less Iheif residual value
over their esbmale(l useful lives, u*ng th¢ straighl-fine method.
Depreciat￿n ts pro￿￿ed on the Ic4￿￿n9 ba*s'.
Freehold property
2.$ D•bto
Trade and other debtors are recognised at the setuement amovnl after any trade dis¢ouftl offered.
Prepaymen15 are valued at the amount prepaid net ofany trade discounts due.
2.6 Cash ¥t￿￿k and Sn hand
Cash al bank and in hand inclLt(les Cash and ShOrt-le￿ highly liquid investments with a short maturity
of three rnonths or less from the date of wuisrtion or opening of the deposit or similar accounl.
17 LSabS1ities and provlsk*ns
Liabilities are recognised vthen there is an Obl￿atIon at ihe Balance sheet date as a resuA ol a past
evént. it is probable that a transfer ol economic benèfit will be required in settkmenl, and the amount
of the seluemenl ¢an be estimated reh'abty.
Liabilrtiès arè recognised at thè amount that the charity anlicApates rt will pay to settle the debl or Ihe
amount il rK¢ived ?.¥ advanced pavments for the 9oods or services it musl provide.
Provisions are Measu￿ al the best eslimate of the amounts required to settle the obligation. Where
the effect of the t(me vafue of ffloney is malellal. the provis(on is based on the present value of those
afflounls. dis¢ounled al the pre-lax discount rate th* refbects the risks specjfic to the liability. The
unwindin9 of the discount 15 re¢¢gnis￿ in the Statement of financial actiwties as a finance ¢osl.'
Page 12

MARSHA PHOENIX MEMORIAL TRUST
IA company limited by guarantè•l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 MARCH 2021
Accounting pollcies Icontinuedl
2.8 Flnancial instruments
The charity onty has financial assets and ffinanual lsabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are lnitka1￿ recognised al transaction ￿alue and subsequently
measured at their settlement value t•thh the exception ol b¥nk loans which a￿ $uLMquenUy
measured at amorlised cost using the effeclNe interest method.
2.9 Financè lèases and hirn pur¢has•
Assets obtsined under hire purchase witracts and finance leases are capitalised as tangibte fixed
assets. Assels acquired by finance lease are depreoated over the shorter of the lease term and their
useful lives. Assets acquired by hire pur¢hase are depreciated over Iheir useful lives. Finance leases
are those where subslantialty all of Ihe beneffis and risks of ownership a￿ assumed by the charity.
Obligations under such agreements are included in credrtors. net of the finance charge allocated to
future periods. The finance element of the rental Pa￿llent is charged to the Statement ol finanoal
aclwities so as lo produce a consianl peiiodi¢ rale of charge on the net o￿lgation oulslanding in each
period.
2.10 Pen541)n$
The charity operates a defined conth"bution pension scheme and the pension thafge represents the
amounts payable by the thaiity to the fund in respe￿ ofthe year.
2.11 Fund accounting
General fund8 are urwestri¢ted lunds which are available for use al Ihe discreiion ol the Trustees in
furthèrat)ce of the 9eneral objectNes of the chanty and which have nol been designated for other
purposes.
Designated fvnds cornprise unrestricted funds Ihal have been set asidè by the Tnjstees lor particular
purposes. The ain and use of e¥¢h deygnaled fvnd is sel out tn the notes lo the financjal
siatemenis.
Restricted lunds are fvnds whith are lo be used in a¢¢ordance wilh 5pe¢ifi¢ restriciions imposed by
donor5 or whKh have been raised by the thar(ty for pa￿"cular purposes. The costs of raising and
administering such fvnds are charged against the 4)ee4fi¢ lurtd. The aim #rtd usè ol each restricted
fvnd 15 sel OLrt in the notes to the financial statements.
Investrnent income. 9ains and h)sses are alocated to the appropriate f￿d.
Incom• from donations and légacles
Restrictrd Unrestricted
fund$
fvnd$
2021
Totsl
fitnd$
?Q21
2Q21
Donat￿$
Gwls
3.037
3.037
14,910
14.910
14,910
3.037
17.947
Page 13

MARSHA PHOENIX MEMORIAL TRUST
IA company limit•d by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Income from donatlons and legacles Iconllnuedl
ReStr￿le￿ Unfeslricted
funds
funds
2020
2020
Total
funds
2020
Donats'ons
Grants
6.388
10.(
10.C
10.C4XI
6.388
16,388
In¢ome from eharltablè actl¥iti•s
Unrnstricted
funds
2021
Totsl
funds
2021
Tressillran Road
Erlanger Road
494,911
64,972
494.911
64.972
559,883
SS9.883
Unrestricted
funds
2020
Total
funds
2020
Tressinian Road
Erlanger R08d
460,695
72.691
460.695
72.691
533,386
533.386
Incoffle from other tradkng actlvltles
Incom• from fundrnising •v•nts
Restricted UnreBtricted
funds
fvnds
2021
2021
Total
fund5
2021
Fun run and other lundraiwng #￿0M9
3.218
4.708
7.926
Page 14

MARSHA PHOENIX MEMORIAL TRUST
{A company limited by 9uarnnteèl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Income from other trading activities Iconlinued)
Ineomè from lundralslng events {continuedl
Restricled Unrestricted
fund$
funds
2020
2020
Total
funds
2020
Fun run and other fvndrai$in9 inwme
4.033
5,710
9,743
Investment Incom•
Unrestricted
fund$
2021
Total
lunds
2021
Interest ree*ived
2.733
2.733
Unrestricted
funds
2020
Total
funds
2020
Inte￿$1 received
1.375
1,375
Anatysb of oxpÈndliur• on eharllable actlvlties
Summary by lund typ¢
Restrlcted Unrestrlctgd
funds
funds
2021
2021
Total
fund5
2021
Tressillian Road
ErlanAec Rog0
21.228
429.494
84.149
4SO,722
84,149
21,228
513,643
534,871
Page 15

MARSHA PHOENIX MEP•lORIAL TRUST
IA ¢ompany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Analys1$ of expenditurn on chafitable actlvltles {continuedl
Synwnary by lund leontinuedl
Restn"cled Unrestricted
funds
funds
2020
2￿20
Total
funds
2020
Tressillian Road
Erfartger Road
31.415
374.658
74,669
406,073
74,669
31.415
449.327
480,742
Analysis of expenditure by activities
Actlvlties
undertaken
directly
2021
Support
¢o$ts
2021
Totsl
fund$
2021
Tressillian Road
Erlanger Road
437,545
83.006
13.177
1,143
450,722
84.149
520.$51
14.320
534,871
Actiwties
undertaken
dire¢t
2020
Support
costs
2020
Total
lunds
2020
Tressillian Road
Erfanger Road
.558
73,562
9,515
1,107
406.073
74.669
470.120
10,622
480,742
Page 16

MARSHA PHOENIX MEMORIAL TRUST
IA ¢ompany limited by guarnnteel
MOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Analysi$ of exp¢ndlturn by aclfvlties (continued)
Analysis of direct ¢Mts
Tr•ssillian
Road
2021
Erf#ngèr
Road
2021
Totsl
fvnd$
2021
Staff costs
Depreciats"on
Resident welfare
Rates and water
Li￿t and heat
Repairs and maintenance
Insurance
Telephone
Office expenses
Advertising and computing
Legal and professional fees
Rent payable lo L8Q
RecruFlment
321.830
9.180
32.750
36.378
358.208
9.180
35.000
5,507
15.838
30.576
6.212
4,677
4,713
11.022
6,220
30,619
2,779
2.250
2.438
6.051
3.400
1,366
504
9,787
27.176
4,173
4.713
11.022
6,220
30.619
437,$45
83,006
$20,551
TressillTran
Road
2020
Erlanger
Road
2020
Total
funds
2020
Staff cosls
Depreciation
Rèsident welfare
Rates and water
299.011
9.180
26.193
2.011
6,558
19.326
4.916
2.590
4.573
12.758
33,192
332,203
9,180
28,965
4.553
9,270
25,240
6.321
3,005
4,573
12,758
8,222
23,994
1.836
2.772
2,542
2,712
5.914
1.405
415
Light and heat
Repairs and maintenance
Insurance
Telephone
Office expenses
Advertising and compuling
Legal and profeS￿Onal fees
Rent payable to L&Q
Bad debts
616
23.994
396.S58
73.562
470.120
Page 17

MARSHA PHOENIX MEMORIAL TRUST
IA company lomit•d by guaranlee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 IAARCH 2021
Analysis of expenditure by a¢livib¢s l¢ontinued
Analysls of support costs
T￿$s1111¥fi
Road
2021
Erfanger
Road
2021
Total
funds
2021
Tfavel cosls
Office expenses
Staff training
Governance ￿$ts
262
2.530
2.980
143
1.000
405
3.530
2.980
7.40S
13.1n
1.143
14.320
TressillBn
Road
2020
Erlanger
Road
2020
Total
funds
2020
Travel costs
Officè expenses
Staff training
Goveman¢e ¢ost$
199
1,9JO
4.339
3.077
107
1.TrJO
306
2,900
4,339
3.077
9.515
1.107
10.622
Auditots. rgmunerdtion
2021
2020
Fees payable to the charitys audit￿ for the audit of the charivs 8nnual
accounts
2,100
Fees payaWe to the charivs audilor in rèspect ot.
All non-au(Jit services not Includ￿ above
Page 18

MARSHA PHOENIX MEMORIAL TRUST
IA company limited by guarante¢l
NOTES TO THE FIMANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
10. Staff ¢osts
2021
2020
Wages and salaries
Sooal seojrity costs
Conlribution to defirted C4)nlriiKAion wsK)n schemes
289.595
58.951
9.662
301.458
25,551
5.194
3S8,208
332,203
The average number of pefson$ employed bythe charty during Ihe year was as folk)w5'.
2021
2020
No.
EM￿OYeeS
16
18
No ernployee received remuneraiion amounting lo more than £60.C(l) in either year.
11.
Penslon eommlb71ents
The ¢hafity operales a define pension cxMtribubon pensK*n scheme. The assets of the scheme are held
separately from those of the thanty in an indePend￿￿Y administered fund. The pension cost charge for
the year was £9.662 12020- £5,194). Conlribulion5 totalling £1.72212020- £NIL) were payable to the fund
al the balance sheet dale and are induded in creditors.
12. Trustees. remunerntion and exp•n￿¥
During Ihe year, no TnJslee5 receNed any remunerntion or other benefils12020- £NIL).
During the year ended 31 March 2021. no Trnslee expenses have been IncU￿dI202O- £NIL).
Page 19

MARSHA PHOEMIX MEMORIAL TRUST
IA ¢ompany limlt¢d by guarantee)
NOTES TO THE FIIIANCIAL STATEMENTS
FOR THE YEAR ENDED 31 hlARCH 2021
13. Tanglble fixed a$sets
Freehold
property
Cost or valualion
At 1 April 2020
449,812
Al 31 Ma￿h 2021
449,812
Depreclat5on
Al 1 April 2020
Charge for the year
135.798
9.180
Al 31 March 2021
144.978
Net book valu•
Al 31 Mar¢h 2021
304.834
Al 31 March 2020
314,014
14. Debtors
2021
2020
Du• wlthln on• yèar
Trade debtors
Prepayrnents and accwed in¢¢)me
10.142
6.697
10,155
33,973
16.839
44,128
15. Cr•dltors: Amounts falling due within one year
2021
2020
uthèr taXal￿n and sorJal securjty
Obligations under finance lease and hite purthase contracts
Other ¢reditors
A¢¢ruals and deferred ints)me
7.452
1.302
1.396
4.792
1.735
2,855
14.942
4.59)
Page 20

IARSHA PHOENIX MEMORIAL TRUST
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 MARCH 2021
1& CTrditors: Amounts falling dye aftor mor• than one year
2021
2020
Net Obl￿atIonS under finance lease and hire purchase C￿ntracts
1,302
17. Statement of lunds
Stat¢ment of lund$- ¢yrr•nt ￿ar
Balan¢e at
31 March
2021
Balance at 1
Aprll 2020
kncom• Expend5ture
Unrestrlctsd funds
D•signated funds
Pension reserve
37.041
37.041
General fvnd$
Gener￿ Funds- *1 funds
689,469
570.361
{S13.8431
746,187
Total Unmtri¢t•d funds
726.510
570,361
1513,6431
783.228
Restr5cted funds
Capital expenditure
Resettlement
Fun njn
144M17
11.923
12.9721
141,435
11,892
3.211
10.000
4.910
146141
110.0001
13.6111
Lottery grant
Laa Place Marker
1,299
157.726
18.128
121.2281
154,626
Total of funds
884,236
588.489
1534.8711
937,854
Page 21

MARSHA PHOENIX MEMORIAL TRUST
IA Company liTrMted by 9￿arantee)
NOTES TO THE FIIIANCIAL STATEMENT5
FOR THE YEAR ENDED 31 MARCH 2021
17. Statement of funds {contlnued)
ststement offvnds - prior￿ar
Balance at
31 March
2020
Balance al
1 A￿ 2019
Income ExpenLllure
Unr•strlet•d ftmd$
Deslgnat•d lund$
Pension reserye
37.041
37,041
General fvnds
General Funds- all funds
591,936
546.859
(449,3261
689,469
Tolal Unrnstrietsd funds
628.977
546.859
(449,326}
726.510
Restrfcted lund$
Capital expenditure
Resettlement
Comic Relief
Fun run
Lottery gwt
147,380
12.095
5,829
9,804
12.9721
11721
15,8291
112,4421
110,0001
144.408
11,923
4.033
10,000
1.395
175.108
14,033
131,415}
157.726
Total of lund$
804.085 560,892
{480.7411
884,236
18. Summary of fvnds
Summary of funds- current year
Balance at
31 March
2021
Balance at 1
April 2020
In￿me Exp¢nditur•
Deslgnated fund5
General fijnds
Reslricted funds
37.041
689.469
1S7.726
37.041
746.187
154,626
S70,361
18,128
1513,6431
{21,2281
884.236
588.489
1534,8711
937.854
Page 22

MARSHA PHOENIX MEMORIAL TRUST
IA Company limhttd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
18. Summary of funds Iconllnuedl
Summary offunds- prlor y•ar
Baknce al
31 March
2020
Balance at
1 Apnl 2019
Income Expen(￿lu￿e
Designated fvnds
General funds
Restricted funds
37,041
591.936
175,108
37.041
689,469
157.726
546.859
14.033
{449.326}
(31.4151
804,085
560.892
{480,741}
884,236
19. Analysis of net assets between fvnd$
Analy$l$ of net assets beiween funds- ¢urront y￿r
Re$trlcted Unrestrlctsd
funds
funds
2021
2021
Total
fvnds
2021
Tangible fixed assets
Cuffenl assets
Creditors due within one year
147,380
7,246
157,454
640.716
{14.9421
304,834
647.962
114.9421
Tolal
154,626
783,228
937,854
An¥ly$i$ of a$$ots between fvnds- prior year
Restricted UMestricted
lunds
funds
2020
2020
Total
fvnds
2020
Tangible fixed assets
Current assets
Ctedilors (Jue within one year
Creditors due in more than one year
147,380
10,346
166,634
565,768
{4.590)
(1.3021
314.014
576,114
14,5901
11.302}
Totsl
157.726
726.510
884,236
Pa9e 23

MARSHA PHOENIX MEMORIAL TRUST
IA company limitsd by guardnt•el
MOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EMDEO 31 MARCH 2021
20. Reconciliation of net movement in funds to net cash flow from op•rating activitie$
2021
2020
Net income for the year las pef Stalement of F￿anCial ACtM￿l
53.618
80.150
Adjustments for.
Depreciation charge5
Diwdends, interests and rents frtyn inveslmwts
Deueasel(in¢rease) in debtors
Increase in uedrtors
9.180
12.7331
27.288
9.050
9,180
11,3751
122,74n
1.073
Not ¢a$h provided by opeTatlng actlvities
96,403
66,281
21. Analysis of cash and cash •qulval•nts
2021
2020
Cash al bank and in hand
631.123
531.986
Totsl cash and cash equivalents
631.123
531.966
22. Analysls of chang•s Sn net debt
Changes in
market
value and
exchange
At 1 April
rate At 31 March
2020 Cash flows mvemnts
2021
Cash al bank and in hand
Finance leases
S31.986
13.03n
99.137
631,123
(1,3021
1.T35
528.949
99.137
1.735
629.821
Page 24