TEM MMP *LtountiNJ Solutions Ltd Unlt 34 Basepoirt Shearway Business Park Folkestone cr19 4RH
OF THE I to 3 balonc¢ Sh••t 7 to 11 12
forthey The trustees presert thelr re{ wlth the finandèl stknTnts of the thaiity for the year ended 31 Marth 2024. The trustees have adopted the prvvknls of P&rTrUn9 and Reportlng by Charfde$: statement of Recommende(F kncti applKable to dwrfues prepafing thelr accounts In accordan with the Financial Reportlng Stsndard applicaile In the UK ar41 Rep of Ireland {FRS 102) (effethve I January 2019). The Vlcar of Tenterden Trirt tIKorpoEwj The Old Sthool HO Lankr vrns renamed to Tr Mlldred Trust at an EGM of the Tru#ees to refiert the Induthe natrre of the olarty aTKI remove any ambiguity which might deem a rdigious orfarth based dwrlty. The alms and obith rrmain the sjme ar ts o)mmFtted to sethrvj any Irtdmdual, famlty or group wlthln the populavons of the pathshes of Terterden. Smallhyihe and St MSchaeLs {and In some arcumstsnce5 from villages OLtskle this Lmwndary rf there are parbojlar conneLtions identified). This done by awardlng small mc(tsry grants up to the sum of £350 and agreed by a mlnlmum of iwo tNstees to any Indfvldual, farIty or group ¥tho hm been kieDtitsI to the as beln9 in need of help. ObJe¢Uvu and olms The maln alms and obiecuvts of the tha are as foll¢y•ts: l. The rellef of Poverty, Sbckness and Dlstres% 2. The Advancement of Educati¢)n Particularly but not exdusfvely tn the Par15he5 of Tenterdw. St Mkhad5 5mallhythe by way of makiEW monetary grants {IndudlrrfJ loans) to organlsations or Indtviduak.
]iJ Y•ar End i March 2024 Slnce the renamlng of tharty to The Mlktred Tntst in Awll 2022, the Trustees have beeri %Yorklry dose wlth Repton Connec& o lJr9er drity withln the &)rough who have Imllar obJgth8s and broad experience and expertlse. Tnjstees attended several sessions wfth the CEO of Reptgn Con1ct to relmaglne the swvlces and xtivibts In whkh v•e w•rrted The Mildreal Tn to fknjrfsh. A Mlsslon statement, "Rurnl Communlty Compass5on In Actkn" was agreed arKI the Alms arKI ObJe¢tivts rtrwrltten to reflect the antidpated broadenlng of both outreath and a¢. At the ljme of thls AGM, the propw Is awaRlryJ endor5emert by the Qwrity Commtsslon. The ctha remalns aKnmltted to sup[n9 Tenterden and the njral communlttes In ways that are meanlngful to thelr partIlar arEumstances. Th1$ Included The Old sckn[h Lanler athity and tr awardlng of monetsry grnnts (up to the value of É350 and agreed by two Tr1&) TAhen apprOad for help and made by Indlvlduals or oryanlsatlons. In accordance wlth Alms and Objedlves (l) Th• Rdief of Poverty, SKkntss and DIstr, The Ok Sthoolhouse Larder has been LW 7eekty for famllles wlth school-age thlldren to a(Trss a wtde selection of ambkent grncery attms, fresh mllk. fwlt and v4etables. butdw Items and bread ah)ng wtth personal and household hyglene prcKlud5. In the sumTner tw)lidays. the tharty pakl the prtmary school thef to make a Earge selertion of th11d- meals whlth wtte stored In the freezer so that hmllles who £7,000 towants the st of a new electrlc van vthlth was pUrdSed by Rwn Connect and wlll run to the kjcal vlllages as è Mob focJbanL Thls was (Irme In for essIonal admlnlstratlve help from Repton Connect to expand the Charlty and oisure ctxnpliance rth e5, prcrylure5, DBS dL*s etG Other actsvlts have induded a Men Only sertes of exerdse da55es to lry and rnduce Inddents of fèlls and accldents that occur because of sUffA and poor balance. Thwe have also In seated exeT¢lse groups for older, less able people whith have Improved confidence, mobillty 4rKI o)niaLt. cartaker of funds donated in the Pandemlc for srx?al presolblng. Some of these fvnds hav• b•en used to support chi5dren wlth special educational needs kn IheTrr sthools arKI support eveTts for their rents I carers. thildren and families having been identified by Famlty Ual)n Offlcets ènd the sodal prescribing team at the Ashford Rural PCN (Prlmary Care Network) Children ve also ten supporte¢J wfth opportunltles for music tSonS and sth¢y)l educatsortal lJips and the TNst was also able to help Some tsf the Ukrankn rfugee famllks to s&de in Tenterden which has been partlcularty rewardlng as they aff now working and contrfbuttng to Focal mmunty and economy. The Twstees are grateful to Reptw COF¥ for thdr supF and gumlano as the Chabty seeks to broaden ts reach, geogrnphically and In the xtlvbtles It SUPFA)rt5. As The MildTed Trust becomes more recogn6sed In the local communltles, thanks must go to the numerous IndlvbJuaLs, dubs, 9P$, buslnesses and falth organlsaljons who so donate to the fvnds thereby helping those most in need and who Ilve amongst them. I should also Ilke to thank the Tee$ for loyil and 5tea¢hst supFwt over thts tlme of transftton. Lastly, we owe a huge debt of thanks to our Treasurer, Ghinda Sharples wk¢ has worked tirelessly to make sure our accounts are up to date, In goo(J orfer and presentable for independent exèmlnatlon and for diligendy dalmlng Glft Ald for whlch we are ellgible and had not iwn able to dalm. I am In re1 of Ghlnda's re5ignatJon effe£tlve frnm 1st 2024 and wish her wdl 3$ rnovas to paSre5 new. Govarnlng doa4m•rt Governlng t>owment: Dedaravon of Tnwt dated Febnwry 2024, amenW 19th 2022. 1097210 11 Elmfield Tenterden Kent TN30 6RE
ThEMI thé Yaar End•d Trustees Mrys E Isworth Trustee Mrs G F Balley Shafples Tnstee (re5fgned 1.4.24) Mrs L WebberTNstee Mrs S K Willlamson Trustee Rev. Canon L J Hammond Tntsiee Mr R A Isworth Trustee Mrs A P Whlte (appolnted 15.5.23) Indep•nd•rt Ex•mln•r NILI( May FCCA MMP Accounting Solutiorts Ltd Unlt 34 Basepolnt Shearway Business Pa Folkestone Kent cr19 4RH Appro rder of btsanl rrf trustees on ... . and slgned on Its behalf MrRA . Trustae
Independent examlnevs report to the trusteu of The Mlldr•d Trtt I report to the charity trustees on my examination of the accounts of The MlhlrBd Trust (the TtI the year ended 31 Marth 2024. Responslbllltles and b•sls of report As the charity trustees of the Trust you arn rwnslble for tr preparèt)n of the accounts In accordèn wlth the wulrements of the Charitle5 Art 2011 (Ihe kY}. I report In respaLt of my examination of the Trwvs accowts canled tyjt under SextFon 145 of the Act and In (yJrryln9 Out my examinatlon I have fthwed applkabk Dtredions 91¥ by the Charity Commission under Section 14515)(b) of tr ACL I have completed my examination. I confirm that no Fnatsrial matter5 have corrn to rny attentton Jn connection with the examination 9ivin9 me ouse to b&Seve that ITr any materlal peCt. accounting records were not kept in respert of the Trust as required by Sectlon 130 of the fv£t' or the actounts do nrt accord with those recorts: or tha atUnts do not cnplY wth the aN4icable requlreffnts concernlng fomi and contsnt of acojunts set out in the Charitie5 (Ac£ounts and Reports) Regldations 2008 other than any requlrement that the accounts gfve a and fatr VI whk Is not a mattw considered as part of an independent MInatIon. I have no concems and have come atross rbo other matters In conneLtlon wlth the examlrtatjon to whlth attenOn stw)uld be drnwn In thls report In ordw to wble a kvoper under51anding of the Jccounts to be reathed. Nlck Mty FCCA MMP AccountlrwJ Sotution5 Ltd Unlt 34 Basepolnt ShearWay.Bu5irSs Park Folkestone Kent cr19 4RH
rEnd 31 Maych 2024 31.3.24 Total nds 31.3.23 Total funds fu funts ZNCOME AND ENIX)WM£NTS FROPI Donatr¢)ns and legacies 26,868 45,338 72,206 90,143 Investment income 750 1,570 145 Total 27.618 46,158 73.776 90,288 EXPENDrnIRE ON Raislng funds 1,995 20,884 22,879 30.906 Other 1,692 7.461 9.153 1.339 Total 3,687 28.345 32,032 32.245 NRT 114C014E 23.931 17,813 41.744 58,043 RECONCIUATI¢X4 OF FUNDS Total funds brou9ht formard 33,151 76,101 109,252 51,209 TOTAL FUP4DS CARRZED FORWARD 57,082 93.914 150.996 109.252
20 31.3.24 Totsl fvnds 31.3.23 Total fttnd stocks Debtors Cash at bank and In haThJ 609 -416 154,272 sos 3,168 112,418 (1.170) 61,025 1,586 93,247 S955 95.442 155297 116,091 Amourts falting due witNn one yur 12,773) (l.S28) (4,301) (6,839) 57.082 93,914 150,996 IIYJ,252 93,914 150,996 109.252 t4Ef ASSETS 57,082 93,914 150,996 109,252 FUNDS Unrethrted funds 57,082 93,914 33,151 76,101 TOTAL FU14DS ISO,996 109,252 The financial strtements ¥¥ern appro4*d ty the Boanl of Tru#ees and arthorised for Issue on ,. and were slgned on Its behatr by: Mrs E lsiyorth . T
ACCOUtmNG POLlCIts The finandal statements of the thartty, whlch Is a publ1¢ tenefft enttty under FRS 102, have been prepared In accordance wlth the O)aritsts SORP IFRS 102) 'Accountlng and Reportlng by a)arltles: statement of Recommended Pract1 appllcable to thaT1e$ preparjng their ac£ounts In a¢¢ordance with the Ftnaft¢i41 Repnrting Standard appfKable In the UK and Republlc of Irdand (FRS 102) (effective l January 2019),, Rnandal Reporting Stsndard 102 Tr nala[ Repwting Stsndard applicable in the UK and Republlc of Iland, and the Ch¥rltles Act 2011. Tr flmndal StatInts have been prepared under thè historical cost ¢onventson. All rnrgme is recogni5ed in the Statrment of nanCIal Actmtles orKe the charity has entitlement to the funds, It is prnbable that the ItKiyne WHI be recelved aThJ the can bE measured liably. Uabllltles a recogntsed ès expendItU as as there b a legal or constrLKtlve obllgavon commlthng th• th•tity to that expendIti, It b probable that 4 tr•nsfEr of economlc beneffts will be requlred In setdement and the amoLrt of the oblFgatioft can be meagjred rdlably. Expenditttre accounted for on an acuuab basts and has tren dasslffe(J under headirffjs that aggregats all cost related to the category. WhefP costs cannot be dlrectly attrIbU to partScular headlngs they Stocks are valued at the lower of cost and r realL$ate vakn. after makkng due allowan for obsolete and slow moving Item& The charlty Is exempt from tax on its ¢harItale acllvkns. Fund aCntIng Unrestr5rted fvn(fs can be used In acmrdgrKe wlth tr charltable objethes at the dlsuetlon of the RtrIctsd funds can only be usell for part]lar restr1 pUryy WFthin the objects of the chailty. Restrlcdoils ath when spted by Ihe donor ty when funds are Tal5 for partlcukr Further explanaljon of the ntsre and purpose of eath furKI is Incl In the notes to the flnandal ststsments. ZIIVEsfMEIIT 114COME 31.3.24 31.3.23 Deposlt account Interest 8ank compensaoon 820 750 145 1,570 145 corrtlnued...
TRUSTEES. REMUNERATION AND OENEFrrs There were no trustees, remuneration or (ther for the year ended 31 Marth 2024 nor for the year ended 31 March 2023. There were no tru5tees' expertses paid the erKled 31 ljlarth 2024 r#)r for the year ended 31 March 2023. funds Donatlons and legaoe5 22.050 68,093 90,143 35 iio 145 Totsl 68,203 90,288 EXPEMDrruRE ON Ralslng funds 3,070 27036 116 1,339 4.293 27,952 32,245 NET INCOME 17.792 40,251 58,043 RfCOMCXLIATION OF FUNDS Total fvnds brought forward 15,359 35,850 51,209 33.151 76.101 109,252 31.3.24 31.3.23 505 DEBTORS: Amouiifs FALLING DUE WrnllN (MIE YEAR 31.3.24 31.3.23 416 3.168 ci)rtlnued...
THE •Ji for th• Year Ended 31 March 2024 CREDrroRS: Amouiifs FALUNG DVE IvmiIN ONE YEAR 31.3.24 31.3.23 Bank toans and oyerdrdts (see note 8) Trade ctedltot3 Other cred 1,442 1,407 1,452 490 6,349 4,301 6,839 LOANS An analyas of maturty of loarLs Is glven below: 31.3.24 31.3.23 Amounts falllng due within one year on dnand: 8ank oyffdrdfts 490 IqOVIMENT IN FIINDS Net movement In fvnts At 1.4.23 31.3.24 General fund 33,151 23,931 S7,082 Old School House Larder Sodal esuiblng 71,511 4,590 11,343 6,470 82.854 11,060 76.101 17,813 93,914 TOTAL RINDS 109,252 41.744 150,996 Net movemert In funds. Induded In the above aR as follo. Incomlw Resour M(Nemert In funds Ge1 fund 27,618 (3,687) 23,931 Old School House Larder So(ial Prertrj 38.398 7,760 (27,055) (1,290) 11,343 6,470 46.158 (28,345) 17,813 TOTAL FUNDS 73,776 (32,032) 41,744 Page 9 nunued...
7HE rthÈY 140VEMEirr IN FUNDS- contlnu•d Net At 1.4.22 In fvrKIs 31.3.23 General fvnd 15,359 17.792 33.151 Old Schcd House Larder Sodal Preso1blno 35.850 35,661 4.590 71,511 4,590 3550 40,251 76,101 TOTAL FUN 51,209 58,043 109.252 Comp•rJttve net MoveMt In fvnds, Induded In the abu¥e are as follows: TrOmIng Resources Movemert in funds Generdl fund 22,085 (4,293) 17.792 Old School Hw5e Lankr Soclal Prestribir 59.540 (23,879) (4,073) 35.661 4,590 68,203 (27.952) 40,251 TOTAL PUNDS," 90.288 {32,245) 58,043 A ojrrent year 12 months and pri(Y 12 monts combined poslbon b ès fojknvs: Net Pl 1.4.22 In funds 31.3.24 General fijnd 15.359 41,723 57.082 Old SthfA)l House Larder Social Presthblng 35,850 47.004 11,060 82,854 11,060 35.850 93,914 TOTAL FUNDS 51.209 99.787 150,996 Page io
THE the YoTrr nd•d 31 M 2024 MOVEMENT 111 FUIIDS- c4Xrtlnuwl A wrrent year 12 m¢xths and prkn year 12 morth ccffiblned rt M0ven ITr fvnds, Induded In the above are as follows: InrnIng Resour Movement Ur experth In fijnds General fund 49.703 {7,980) 41,723 Oki School House Lanler So¢W Prescrtbl 97,938 16023 (50,934) (5,363) 47,004 11,060 114.361 {56,297} 58,064 TOTAL IUNDS 164.064 (64,277) 99.787 io. There ww? no related party tran*kn for yw ended 3111¥th 2024. Page 11