2023-04-05-accounts - Mpm Charitable Trust

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		Page
Report ofthe Trustees	1	to	3
Report ofthe Independent Auditors	4	to	6
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes tothe Cash Flow Statement		10
Notes tothe Financial Statements	11	to	16
Detailed Statement ofFinancial Activities

			5.4.23	5.4.22
			Unrestricted	Tota I
			fund	funds
		Notes	f	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			528,000	406,000
Investment income			10,679	40,549
Total			538,679	446,549
EXPENDITURE ON
Charitable activities
Rehef ofpoverty Medical Aid Training and education			129,060 45,500 65,822	131,652 43,000 99,660
Other			4,909	2,553
Total			245,291	276,865
Net gains/(losses) on investments			192,892	(301,514)
NET INCOME/(EXPENDITURE)			486,280	(131,830)
RECONCILIATION OF FUNDS
Total funds brought forward			4,670,275	4,802,105
TOTAL FUNDS CARRIED FORWARD			5,156,555	4,670,275

						5.4.23	5.4.22
						Unrestricted	Total
						fund	funds
				Notes		E	E
FIXEDASSETS
hlwistlvtents				10		4,293jl36	4,096,869
CURREFIT ASSETS
Debtors							976
Cash at bank						886,119	5TS,448
							576rt24
CREDITORS
Amounts falling due wllhin one			year	12		(23,000)	f32118)
						863,119	573.406
TOTAL ASSETSlESSCURREfeT LIAEILfTIES						5,156,555	4,670375
						5356555	4670275
FUFR25				13
Unrestricted	funds					5.156,555	4,670375
The financial	statemems	were	approved	hy the Board of Trustees	and authorised	5.156,555 4.670/75 fm Issue cn. ..¹. .„O'...W....... and
were signed	on its behalf	bic

				5.4.23	5.4.22
			Notes		6
Cash flows from operating	activities
Cash generated from operations				(101,758)	555,532
Net cash (used in)/provided	by operating		activities	(101,758)	555,532
Cash flows from investing	activities
Purchase ofAxed asset investments SaleofAxed asset investments Interest received Dividends received				66,603 335,148 7,004 3,674	(1,944,482) 1,473,993 57 40,492
Net cash provided by/(used	in) Investing		activities	412,429	(429,940)
Change In cash and cash equivalents		in the
reporting period Cash and cash equivalents	at the beginning of			310,671	125,592
the reporting period				575,448	449,856
Cash and cash equivalents	at the end	of	the
reporting period				886,119	575,448

RECONCIUATION	OF NET INCOME/(EXPENDITURE)	OF NET INCOME/(EXPENDITURE)	OF NET INCOME/(EXPENDITURE)	TO NET CASH FLOW FROM OPERATING	TO NET CASH FLOW FROM OPERATING	ACllVmES
						5.4.23	5.4.22
						E	6
Net income/(expenditure)		forthe reporting	period	(as per the Statement of
Financial Activities)						486,280	(131,830)
Adjustments for:
(Gain)/losses on Investments						(598,318)	301,514
Interest received						(7,004)	(57)
Dividends received						(3,674)	(40,492)
Profit/(Loss) on sale	ofinvestments						429,997
Decrease in debtors						976
Increase/(decrease)	in creditors					19,982	(3,600)
Net cash (used in)/provided		by operations				(101,758)	555,532
ANALYSIS OF CHANGES IN NET FUNDS
				At	6.4.22	Cash flow	At 5.4.23
					f	f	f
Net cash
Cash at bank					575,448	310,671	886,119
					575,448	310,671	886,119
Total					575,448	310,671	886,119

COMPARATIVES	FOR THE STA	TEMENT OF FINANCIAL ACTIVITIES
			Unrestricted
			fund
			6
INCOME AND ENDOWMENTS		FROM
Donations and legacies			406,000
Investment income			40,549
Total			446,549
EXPENDITURE ON
Charitable activities
Relief ofpoverty Medical Aid Training and education			131,652 43,000 99,660
Other			2,553
Total			276,865
Net gains/(losses)	on investments		(301,514)
NET INCOME/(EXPENDITURE)			(131,830)
RECONCILIATION	OF FUNDS
Total funds brought forward			4,802,105
TOTAL FUNDS CARRIED FORWARD			4,670,275
FIXEDASSETINVESTMENTS
			Listed
			investments
			6
MARKET VALUE
At 6April 2022			4,096,869
Additions			126,289
Disposals Revaluations			(142,256) 212,534
At 5 April 2023			4,293,436
NET BOOK VALUE
At 5 April 2023			4,293,436
At 5 April 2022			4,096,869

								Listed
								investments
								E
Valuation in Valuation in Valuation in	2021 2022 2023							(76,131) (731,511) 212,534
Cost								4,888,544
								4,293,436
DEBTORS:AMOUNTS			FALUNG DUE WITHIN ONE YEAR
							5.4.23	5.4.22
							f	6
Other debtors								976
CREDITORS:	AMOUNTS			FALUNG	DUE WITHIN ONE YEAR
							5.4.23	5.4.22
							6	E
Other creditors							20,000	618
Accrued expenses							3,000	2,400
							23,000	3,018
MOVEMENT	IN	FUNDS
							Net
							movement	At
						At 6.4.22	in funds	5.4.23
						6	6	6
Unrestricted	funds
General fund						4,670,275	486,280	5,156,555
TOTAL FUNDS						4,670,275	486,280	5,156,555
Net movement		in funds,		included	in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
					6	E	6	6
Unrestricted	funds
General fund					538,679	(245,291)	192,892	486,280
TOTAL FUNDS					538,679	(245,291)	192,892	486,280

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E	E	E	E
Unrestricted	funds
General fund		446,549	(276,865)	(301,514)	(131,830)
TOTAL FUNDS		446,549	(276,865)	(301,514)	(131,830)

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E	E	E	E
Unrestricted	funds
General fund		985,228	(522,156)	(108,622)	354,450
TOTAL FUNDS		985,228	(522,156)	(108,622)	354,450

De 8 StatementofF ancialA la)ties forthe Year Ended 5 ril 2023
	5.4.23	5.4.22
	E	E
INCOME AND ENDOWMENTS
Donations and legades
Donations	528,000	406,000
Investment Income
Other fixed asset Invest - Fll	3,674	40,492
Deposit account interest	7,005	57
	10,679	40,549
Total Incoming resources	538,679	446,549
EXPENDITURE
Charitable activities
Grants to institutions	240,382	274,312
Support costs
Finance
Sundries	976
Bank charges	333	153
	1,309	153
Governance costs
Auditors' remuneration		2,400
Total resources expended	245,291	276,865
Net Income before gains and losses	293,388	169,684
Realised recognIsed gains and losses
Reahsed gains/(losses) on fixed asset investments	192,892	(301,514)
Net income/(expenditure)	486,280	(131,830)