CHARrrY REGISTRATION NUMBER: 1108016
Matthews Friends Charity
Unaudited Financial Statements
31 March 2022

Matthews Friends Charity
Financial Statements
Year ended 31 March 2022
Page
Trustees, annual report
Independent examine¢s report to the trustees
Statement of financial activrties
10
11
Statement of financial position
Statement of cash flows
12
13
Notes to the financial statements
14

Matthews Friends Charity
Trustees. Annual Report
Year ended 31 March 2022
The Iruslees present their report and Ihe unaudrted financial statements of the charity for the year ended
31 March 2022.
Roference and admlnistrativg detalls
Registered charity Trame
Matthews Friends Charrty
Charity rggistration number
1108016
Principal office
@ Young Epilepsy
Sl Piers Lane
Llngfield
Surrey
The tNstees
Mt5 J Fountain
Mr5 V Aldridge
Mr R Aldridge
Mf A Johnson
Ms E Williams
Independent examingr
Mrs A Maguire FCA
10 Clovelly Avenue
Wadingham
Suffey
CR6 9HZ
StNcture¥ governance. and management
Nature of the Governing Documerrt and c¢)nstitution of the charity
Matthews Friends ts constituted urKler an original Dectarab'on ot Trust dated 25th October 2004 and
supplemental deeds dated 24th NovemtEr 2¢)04 and 20U) Awil 2011. It is registered a5 a charity with
the Charity Commission.
The oryanssational strnclure of the GhaTity and how declsk•ns are made
The board of tNstees consists of 5 indMdua15. The maximum number of Trustees can be 7.
All policy decision5 are made by the E4)ard ty majorty vote.
Emma Wlliams, as CEO, is resrM)nsib￿ for the day4(hday organwtion of the charity, working ckjsely
with Julie Fountain on decision making matters.
In addib"on, there are sub-committees to organise and manage various events. There are regular board
meeting5 throughout the year to discuss thanty matters. culminating in an AGM.

Matthews Friends Charity
Trustees. Annual Report(c¢
Year ended 31 March 2022
Structhrey governan￿ and management (cryJttnu8d)
The methods adopted for the recruitinenL appointmen( induclion and training of new trustDes
The appointment of TnJstee5 is govuned by the O￿aration of Trust daled 25th October 2004 which
established the Chattty {"the Tnjst Deed"). Subject lo the usual qualfftations regarding mental capacity
and the requirement that a Trustee must act in the ￿$t interests of the Charity al all times, the Trust
Deed provides that founding Trustees shall be ellts.￿ed to hold office for life with all other Trustees being
appointed for 4-year tern￿. All Trustees must be at least aged 18 and there must at all trmes be a
minimum of two and a rnaximum of seven Trustees. Under the Trust Deed a Trustee may also be
appointed or removed by resolution of the Twstees.
Potential trustees make it known to the board Ihat they are interested in becoming a trustee, or they are
approached by an existh.ng Tnjstee.
- They are invited lo attend a meeting to di￿SS the benefits they (an bring lo the charity.
- Existing trustees vote on whether the candidate i8 sullab￿.
- If the candidate is suitable. they are offered a [X)s￿On.
- The candidate then decides whether they wll 2￿p1 the postbon.
- on￿ a￿pted, the trustee rs given prOrml￿)naI literaknre a￿ut the charity and directed to the charity
webslte for further background information.
- New trustees are invrted and encouraged to attend an intr(yJuctory meeting with the management to
meet the team and understand the charity structure. They are eno)uraged lo ask questions and are
given information at)out their obligations as trustees of the chartty.
Conflict of Interest
Tnjstees are required to advise the other ￿$tee$ where they have any personal interest in any activity
or transaction of the charty and exclude themsefves from any related discussions or voting.
Risk Management
The ttuslees have conducted a review ofthe major risks to whxth the charty is exposed.
V￿ere appropriate, systems or Procedures have IRen established to rftits.gale the risks the charity f8¢es.
External risks to funding have l)een consvjered and a Strateg￿ plan which will allow for the diversification
offunding and activities has been develoF&. Internal control risks are minimised by the implementation
of pr(￿edureS for authorisation of all trallsactK)ns and projects.
All procedures are pEnodicalty reviewed to ensure that they continue to meet the needs of the charity.

Matthews Friends Charity
Trustees. Annual Report(coJthuÉdJ
Year ended 31 March 2022
Objectives and activities
The objectives and rnain activities of the Charity are expressed in the Tnjst Deed and are'the gener31
purposes of such charrtable bodies or for such other purposes as shall be exdusNely charitable as the
Trustees may from time to lime decKIe-.
1. To publicise Ketogen￿ O￿tary Theftpies and make them rmre available to all those who should
need it, be it child or adull
2. Together with our medical board. give parents and pth.ents an infom*d Choi￿ about the Ketogenic
Diet and to source and provide the latest informatDn available.
3. To support famil￿ and patients through their dietsry therapy.
4. To support professionals in their alminislration of dietary therapies by way of If(erature, ketogenic
starter packs and files, educational conferences and training meetings and provKle ￿nding, where
possible.
5. To support Research projects into the efficacy of these dietary treatn*nts for use in Epilepsy and
other condit￿llS, working medical professFonals to ensure our inforniats.on is safe. relevant and
current
6. To support the Matthews Friends clin￿ in providing ket(KJenic therapy for patients where there is no
local service available.
Public Benefft that is provided by the charity
1. To support families on medical ketogenic dtetary therap￿.
2. To fund professional training so that s￿￿81￿ed doctors, dietilians. and nurses give pats.ents the
best care and experb'se.
3. To educate and raise awareness of medical ketogenic dietsry therapies to the public and medical
community lo increase recOgnit￿n of this treaknenL
4. To fvnd research where wssible into new areas of disease for medical ketogenic therapies.
S. To improve delNery and manageffEnt of wrr&liL71 ketogent therapies, through eduC￿￿n and
development.
6. To fund hospstals where possible. to increase kelogenic serv￿S throughout the UK and Ireland.
Contribution of volunteer5
The charity relies on voluntsry help to host fundtaising events, conferences and information days, as
well as preparing and packing infonnth.on and stsrter packs for families. Around 5 volLJnteèrs regularfy
a5SlSt the charity wrth these tasks.

Matthews Friends Charity
Trustees. Annual Report (conlin¢iFd)
Year ended 31 March 2022
Covid-19
At the close of our financial year. we are still living wtth the impact of Covid-19. As a srnall charity we
have 2dapted quickty lo this crisis and put in place measures lo ty and minimise the impact of the
pandemic on our vital work. Demand for OUT SUPPOrt serv1￿5 increased but we are fortunate to have a
flexible team who can work from home where ne￿sary. Certain cha14table activib.es which involved
bringing patients and professionals together in large groups, like the 7th Global Symposium held in in
October 2021 went ahead as a hybrid event
COVID 19 has had a significant impact our abilty to fundraise, as m05t of our income is generated
through community fijndraising and charitable events. Howevef. we have no reason trj believe that our
corporate support will not continue for the fr)reseeable future.
Strategic Report
The followng section for achievefflents, performan￿ and financial review fom the strategic report of
the charity.
Achsevements and perfornmnce
Each year we review and revise accordingty all our prrnted resource5 to make sure infrjrmation is up lo
date. ASI our written resources are free to Ketogenic dietary therapy centres around the world and are
checked and approved by our Medical Board. The animated release of our guide '1 am going on a
Kelogenic Diet, has b￿n very successful. having been placed on trK)th the Matthew's Friends Website
and on our YouTube channel. We have also produced 4 foreign language subtiued versions which are
Georgian, Romanian. Croatian. Lthuanian as well as our own English ve￿lon. We also have 14 foreign
language versions of our wrptten *K￿kIe1, wrth rnore planned in the fvlure. These are all freely available
to patients. families and profe5sK)nals who require them.
Our websf(e continues to gNe invaluable information on ketogenic diets, along with our social medi2
being a source olstjpport. we have a busy FacebLx)k page, Instagram and Twitter. Our 3654ay support
teEephone line and voluntary reg￿n81 c(H)rdinators conb.nue to supp)rt individual families and health
professionals.
Our closed Facebcd( support forum for those families who are on medically sijpervised Ketogenic
therapies continues to increase in number. The forum has proved to be a key aspect of the supFx)rt we
provide, enabling families to come togethei any b.me of day or night lo discuss all aspects of managing
medical ketogenic dietary therapies. During the pandemic, we also fundeif'mindfulness, courses for our
families in the forum. This gave thern a safe Spa￿ lo come together in small groups and help them to
try and cope with the extra burdens and worries that the pandemic brought wfth it The Virtual Zoom
'Cuppa and Chaf Mondays evenings whKh were started during the first I(￿kdOwn still continue as they
proved so popular with the families. These are now weekty. and we have professional guests present
every so often on spth subjects for the families as well as cooking tutorials from keto chets.
We conlir)ue to provide free stsrter packs to all families across the UK and Ireland regardless of which
Centre they are under and in this period. we provkyed >230 of the packs, togelher with our child and
adu￿ ketogenic diet infomiation parJ(s. These packs are also provided to NHS diètit13ns, respite ¢entres.
hospi￿$ and schools.
The reci￿ section on our website conb.nues to grow. We ￿ntinue to post new'tried and tested, recipes,
giving a comprehensive rdnge of different recipes wh￿h be adjusted to a patienys own prescripb'on.
Our Keto Cook a150 SUPPOTts those families requiring specific meals, creating bespoke ￿lpe$ to
frdmilies who are pathularty strugglin9 or who need additk)nal help in recipe adjustment5.
We fund 8 muIt"_platforrn rrx)bile version of EKM, Electron￿ Ketogenic Manager, which is extremely
beneficial to Ketogenic patients. The EKM is reviewed regularfy, and updates are carried out where
funds permit. A user guide has been written and printed for families and we have also prodU￿d and
filmed 'easy to use, tutorials for the EKM platrtKm, narrated by our patron Fay Ripley.

Matthews Friends Charity
Trustees. Annual Report(ciwi*nu8dJ
Year ended 31 March 2022
Many of the meetings that are usualty attended by the charity were can￿lled or postponed due lo the
pandemic. In June 2021 wewere virtual exhibrtors at the RCPCH virtual conferen￿, a thr8e-day virtual
event bringing tojether the global paediatric community. We also had a virtual sEand al the Dr8vel
Syndrome UK meeting in NOveM￿r 2021. We were pleased to attend the British Paediatnc Neurology
Association IBPNAI Virtual Conferen￿ which included a Paediatric Neurology Charities Meeting in
January 2022. We 2150 SUPP)rted National Epilepsy Week in May with the #beyondcovid campaign.
We were ￿nts¢te￿ by a rrEmber of slaff at the National Hospital for Neurology and Neurosurgery
IUCLHI London. to tell us al)out the amazing Well Being Inittattve for the 54 dedicated staff working
there, taking care of high-risk patients during the height of the Covid pandernic. Matthew's FrFends were
delighted to SUPPOrt them. by providing some of ourcharrty promotional rtems. including our prety range
of slrawbery and avocado insulated cups and notepads.
Matthew's Friends run a successful 'Keto Starf awanj progtarn￿￿. this allows anyone who has gone
above and beyond the nom) to be nominated. We have sent out an assortment ofcerb'ficates. keto hero
t shirts. fiowers and other 'prizes' to surprise Ihose nominated, this has proven to be particularty
ttneficial to the younger patr.ents who may require a little boost lo show that they are doing well, but
can also be sent lo schwl staff, hospitals, parents. in fact anyone that is feft to be deserving by going
that extra mile.
We were so exaled to be able to organise and host on behalf of the Scientific and Organising
Committees, GlobalKelo 2021, the 7th Symposium on Medical Ketogenr Dietary Therapies both
face2fa¢e and virtually, held in Brighton during 19th-22nd OctotEr 2021. It was memorable for so many
asons, not least being the first time we had seen colleagues and friends in person for such a long
time. There were moments when the organisab.on proved very challenging as a decision had to be made
as to whether we would actualty be in a rM)sition lo achieve this as a fa￿2fa￿ event due lo the Covid-
19 situation. So it was wrth great relEf that we were able lo host a hybrid version. The symposium ts
unique in that it brings together individuals from many dffterent disciplines. including basic scien￿,
clinical research, and clinical practice. All wrth a shared purpose to forward the ijnderstanding of the role
of KDT in the management of a variety of clini￿1 Condittons. This event was well attended by both
face2face delegates and those attending virtualty and are a￿ayS a great opportunity for professionals
to catch up on new products and developryEnls that can be shared wrth indwiduals being supported to
undertake KDT therapy. We were p￿aSed to ac￿mnKldaIe approximately 200 attendees in person
and 400 virtually, along with various sponsors who had stands and tables al the event. We also ftjnded
the poster pryze, wh￿h was won by UCL Great Ormnd Street Instttute of Child Health(3re.
Matthew's Friends hosted the symix)sium gala dinner at the Grand Hotel Brighton and we were joined
by some of those who led epic fundoising events during the year, raising vitsl fijnds for Matthew's
Friends to continue our work_ The Gnarrty 15 a founding Patron of the new International Neurological
Ketogenic Society (INKS), acting as secfetaTtal for this society on tehalf of Matthevs Friends. INKS
was fom81ty announced at the GlobalKeto Bnghton meetsng.
Professor Helen Cross, the Chair of our Med￿1 Board, presented the Chair of INKS Trustee's Board.
Di Anita Devlin. with a cheque for £25,000 from Matththvs Fr*nds, to kickstart their vtsion.
Emma Williams also attended several rrEets"ngs for the European Referen￿ Network ft)r Rare and
Complex Epilepsies {EpiCARE) for which she is one of the leaders foi the Dietary Therapie5 work
package for Europe.
Emma Wlliams also serves oll the Scottish Intercollegiate Guidelines Nthoth ISIGNI as a parent
Tepresentalive and part of the team reviewing the Kelogenic Dietary Therapies section for the review of
the Epilepsy Guidelines_ The main guidelines have been wmpleted and the version for young people
has also now been completed and all have LEen published.

Matthews Friends Charity
Trustees. Annual Report IconOnu8d)
Year ended 31 MarGh 2022
Our work with CoMp￿X Epilepsy pats.ents continues by suppo￿"ng both Adults and Children through our
supporteof clinic, where no local ketogenic service or funding is available. We are currenty l of 4
cenlres in the county that are activety Sup[￿ing adult patients to be able to use ketogenic therapy to
manage their drug resistant epilepsy.
Matthew's Friends are funding the new transitKJn and adult ￿r¥i￿ in Sheffiekl which gives the
surrounding p￿ratriC services somewhere to transityon to and adutt neurologists somewhere to send
their palienls who want to ty Ketogentc Therapy where medications have failed. This service will allow
the Sheffield team to continue Supp￿ting Iheir current pab'ents who are at the age of transrtion and to
support new adult patient5.
Matthews Friends South Afn"ca has been relaunched following on from the wondethl work that was
started back in the 2000's. Matthews Friends South Afn"ca is under the watchknl eye of President Kath
Megaw RD.
Emma WThlliams sits on the Lancel Commission for Epilepsy as a patient representative and is working
with a global team of experts in wrrting an inlematKtnal comwehensive eP￿epsY paper. Emma also sits
on the ILAE Epilepsy Severity Scale Commission group.
Training
Our Ketogenic online tsjtorials for Tr￿lea1 prDfessK)nals conts.nue to be available and are proving
especially beneficial for those professionals in resource limited areas of the wodd as well as community
Professionals here In the UK.
We sponsored the 6th annual Ketocollege programme during May, whiGh was held as a virtual event
only. 11 was with a little trepidation as this was unfortunatety postponed during 2020 due lo Covid-19 $0
we were a little unsure what the response to a virtual onty event would be but are happy to announce
th81 over 500 professionals signed in over the 2 days, across 35 countries. 11 was very well received,
wtth feedback suggesting that Kelogenic eLeatning should be considered in the fvlure.
R8search
We continue to plan wilh and support illTb"atwes from the Kelogenic Thetilians Research Ne￿ort¢
{KDRNI, as well as facilitating research through our support of the Internatsonal Neurological Ketogenic
Society IINKSI and the provision of research fte￿Ing through ourwork in hosb.ng and supporting the
bi-annual series of Global SymFo5ium conferences.

Matthews Friends Charity
Trustees. Annual Report (contsnuE¢l)
Year ended 31 March 2022
Finaneral review
The financial statements are set out on pages 12 to 22. The financial statements have been prepared
implementing the Statement of recomrrended practi￿ for Accounting and Reporting by Charities IFRS
1021 issued by the Charities Commissiorl for England and Wales. A5 Stated in the introduction lo this
report, the trustees o)nsKler the financial perfonrence by the charity during the year lo have been
sab'sfaclory.
The principal sources of fvnding are through voluntsry donatiOll5 and this income stream continues to
grow as the charity becomes MO￿ well known. In addtb"on, income continue5 to be generated through
organised fundraising events which ensures we have S￿￿lent resources to meet OLsr charitable
objectives.
For the year ended 31st March 2022. the charity's accounts showed net outgoing resources of £12,224
12021.. outgoing resour￿$ £29.2851 and charity reserves of £550,46412021.' £562,688).
Policies on Reserves
In accordance with Chanty Commtssic￿ guidance, the Trust*s regularfy monitor annually review
the adequacy of the charity's reserves and the reseNes wlicy.
The Trustees, policy 15 to retain sufficient reserves to ensure that any operating costs are met and that
committed grants can be made.
The trustees have forecast the level of income for 2022123 at £150,000 gross and £110,000 nel before
expenditure on charitable activrb"es_ This lakes into account the positive impact on being able lo once
again hold organised events whi15t being mindful of the risk of reduced voluntsry donab.ons during the
recession.
The charity's reserves policy is to hold back sufficient fvnds to cover the fixed charity running costs,
sa1ary1free1an￿ costs for 12 months and any essential variable costs necessary for hèalthy growth of
the charity, which equates lo £40.0￿[2021= £30,000). All reseNes over and above this retained arrx)unt
are designated to charitsble activrties ort an annual basis. The tnjstees do not consider a reserve fund
is necessary to cover the cost of event organisalion as historical￿ charity run events have covered such
costs and resulted in profit Such events would not tske pla￿ rf a foss was anticipated.
Grant Maklng Policy
Once a year at the AGM, trustees decide the main focus of the charibes grant making activities for the
coming year, in line with the main charity aims and obiecbves. The CEO and relevant staff then engage
directly with ofgani5ations that may ￿ able to fulfil those Obl￿￿"ve$ and once satisfied, contracts are
drawn up and awards are made. Requests for fvnding are also received from third part￿S and these are
considered on a ca￿by-case basis and approv&J subject to fvlfilling charitsble objectives and available
resources.
Matthew's Friends ClinKs Ltd 15 an independent limit￿1 company and ovmed jointty by the directors
Emma Williams and Julie FourTrtain therefore any requests for grant fvnding from Matthew's Frien(Js
Clinics Ltd are conshdered sotety by the 3 independent tNstees, Valerie Aldridge, Richard Aldridge and
Alan Johnson. In the coming year Matthews Friends Clinics 2022r23 will be closing its clinical servi¢e
and ￿n￿ntrating on the extenston of its educational program￿￿$.

Matthews Friends Charity
Trustees, Annual Report
Year ended 31 March 2022
Financial review(conbnuedJ
Incoming Resources
Christmas cards and merchandise were sold to raFse money to provide for our free resources.
Fundraising has proven to be very difficult during this financial year, impacted by Covid-19. We are
a￿ayS extremely grateful to all those that donated during this lime through FacetJLX)k and those who
managed lo fundraise by way of marathons, qutz nights and other activities that were able to go ahead
once Covid restrictions has t)een lifted_ We are also grateful to have received generous grants from our
long term supporters.. The Sydney and Phyllrs Goklbetg Trust and The Ellerdale TnJsL
We conb.nue to raise fvnd5 through appropriate website sponsorship, through the sale oladvertisements
in our newsletters and of couise by the sales of merchandise avai&ble VB our Matthew's Friends online
shop.
We continued with our initiatNe via knial Mediq- Sugar Free for Epilepsy in November. This generated
income and understanding of Ketogenic Diets to the charitys supFKJrters.
Outgolng Resources
C051s have b￿n incurred in orderto fundraise as well as through provision o*conferences and nieetings
to faalitate educats.on and training in the Ketogenic D￿t
Expenditure has been incurred through funding of paknt treatrnent at Matthews Friends Clinics Ltd.
Plans for future periods
We plan lo continue fundraising next year thfough a nUrT￿ of fundratsing and sponsorship athities.
We will use fvnds raised to enable us to aCh￿ve our own chantable objectives.
We plan to continue attending and speaking at C4)nfe￿nceS in the UK and beyond for medical
professionals. dieb"cians. patients and speaal interest gfOUPS.
We intend to continue lo support Ketogenic D￿t centres around the UK to allcyw them to support more
patients on the Ketogenic Diet.
We plan to continue wort(ing wtth NHS ￿ntre$ to irFcrease their Servi￿ by way of education, training
and supporting their business plan applulions to Clinical Commissioning Group's and consider funding
new kotogenic c8ntres for adults and children where approprk?te.
As part of our commitment to support adult ketogenic services. we have agreed lo continLfe with the 2nd
year of a 2-year dietetic fttnding grantto Sheffield Royal HallarrLshire Hospital sAdult Ketogenic Service,
which commenced in April 2tr21.
We continue lo be the onty UK charity 1(KJ% dedirated to rnedical Ketogentc Dietary Therapies and the
supwrt of families and health rare professionals who a￿ working WFth OT Lbsing this trealrr*nt.

Matthews Friends Charity
Trustees. Annual Report(continued)
Year ended 31 March 2022
The trustees, annual rep(wt vrds approved on 22nd January 2023 and signed on ￿hall of the L¥Jafd of
trustees by..
o£fj£oth'/L .
Mrs J Foulltain
Trustee
Ms E Wlliams
Trustee

Matthews Friends Charity
Independent Examinerfs Report to the Trustees of Matthews Friends Charity
Year ended 31 March 2022
I report to the trustees on my examination ofthe financial staternents of Mathews Friends Charity ('Ihe
charity'l for the year ended 31 March 2022.
Responsibilities arbd basis of reprmt
As the trustees of the charity you are responsible for the preparation of the financial state￿Ents in
accordar1￿ with the requirements of the Chanties Act 2011 (￿e ACY).
I report in resrttt of my examination of the charity's financial ststements carried out under section 145
of the 2011 Act and in carrying out rny eXaMina￿n I have followed all the applicable Directions gwen
by the Charity Commission under sect￿￿ 14515}(bl of the ACL
Independent examinetrs ststement
Since the charity's gross income exceeded £250,000 your examiner must be a memtr*r of a body listed
in section 145 of the 2011 Act. I confirm Ihat l am qualified to undertake the examinab.on because l am
a rnember of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the
listed bodies.
I have completed my examinab"on. I confirm that no material matters have come to my attention in
connectron with the examination grving me caLrse to believe that in any material respect."
accounting records were not kept in resi*ct of the charity a5 required by section 130 of the
ACL" or
the financial statements (kj not accord wrth those records." or
the financial statements do not compty ￿ the appltsble requirements ￿n￿rnIng the fomi
and content of accounts sel out the Charities (Accounts and Reports) Regulations 2008
other than any requiren*nt that the accounts give a 1Tue and fair view which is not a matter
considered as part of an independent examinab"on.
I have no concerns and have come across no other matte[5 in connection with the examlnalion to which
attention should be drawn in this rep)rt in order lo enable a proper understsnding of the accounts lo be
reached.
Mrs A Maguire
FCA
Independent Examiner
10 Clovelty Avenue
Wartingham
Surrey
CR6 9HZ
10

Matthews Friends Charity
Statement of Financial Acttvities
Year ended 31 March 2022
2022
Unrestsicted
funds Totsl funds Total funds
2021
Income and endowments
Donations and legaaes
Charrtable activities
Other trading activities
Investment incorrse
175,61
300.230
750
51
175.606
300.230
750
51
70,229
35,885
5,323
363
Total income
476.637
476.637
111,800
Expenditure
Expenditure on raising fvnds".
Costs of raising donatior15 and Jega
Costs of other trading activities
Investment management costs
Expenditure on charitable activttf.es
Total expenditure
(5.0711
(5.071)
(9,6861
19,6861
1481
1481
1474,0561 (474.0561
(488,861) 1488.861)
17,1431
113,3341
10
11.12
{120,6081
1141,0851
Net expenditure and net movement In funds
{12.2241
112.224
{29,2851
R￿0￿ClI1at10n of funds
Total funds brought foThvard
Total funds carried 10Tr4ard
562.688
562,688
591,973
550,464
550.464
562,688
The staternent of financial activities includes all gains and losses recogntsed in the year.
All income and expenditure dettve from continuing acbvrbes.
The notss on pages 14 to 22 fonn part of these financtal statements.
11

Matthews Friends Charity
Statement of Financial Position
31 March 2022
2022
2021
Fixed assets
Tangible fixed assets
16
89
519
Current assets
Debtors
Cash at bank and in hand
17
39.449
589,656
526.184
560.620
629,105
Creditors: amounts falling due within one year
Net current assets
18
10.245
66.936
550.375
2,169
Total assets less current Ilabilities
Net assets
550,464
562,688
562,688
55OA64
Funds of the charity
Unrestricted funds
550.464
562,688
Total ¢harFty funds
19
550.464
562.688
These ffnancial statements were approved by the tx)ard of trustees and authorised for issue on 22nd
January 2023, and are signed LEhalf of the board by".
Mrs J Fountsin
Trustee
Ms E Wlliams
Trustee
The notes on page5 q4 to 22 fonn p3rt ofthese financial statements.
12

Matthews Friends Charity
Statement of Cash Flows
Year ended 31 March 2022
2022
2021
Cash flows from operating actlvities
Net expenditure
(12,224)
{29,2851
Adjuslm8nts for
Depreciation of tangible fixed assets
Other interest receivable and similar income
Accrued lincome}lexpenses
Changes in."
Trade and other debtors
Trade and other credtto
430
{51)
156,288)
505
13631
66,413
5,013
(403)
(63,523)
123,2231
1231)
13,816
Cash generated from operations
Interest received
51
363
Nel cash {used in)/from operating actNities
{63,4721
14,179
Cash flows from investirlg actlvitses
Purchase of tangible assets
Nel cash used in investing athvities
{770}
17701
Net (decreasevincrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
163,472)
589,656
526.184
13,409
576.247
589,656
The notrs on pages 14 to 22 fomi part of thes• financial ststrrnents.
13

Matthews Friends Charity
Notes to the Financial Statements
Year endod 31 March 2022
General infomiati(
The charty is a public benefit enkn.ty and a registered charity in England and Wdle5 and is
unincorwfated. The address of the principal office is St Piets Lane. Lingfield, Surrey, RH7 6PW.
Statement of compliance
These financial statements have trEen prepared in Complian￿ with FRS 102, 'The Financial
Repotting Standard applicable in the UK and the Republic of IrelarKJ', the Statement of
Recommended Practi￿ applicable to tharitres preparing their accounts in accordan￿ with the
Financial Reporh'ng Stsndard appjuble in the UK and Republ￿ of Ireland (FRS 1021 (Charities
SORP IFRS 1021) and the Charities Act 2011.
Accounting policies
Basis of preparation
The unaudited finanaal statements have b*n prepared on the historical cost basis. as modified
by the revaluation ol certain financial assets and liabilrties and investment properties trFeasured al
fair value through Inc￿ or exFEndiEure.
The unaudtted financial statements are prepared in stetlirig, whKh is the functional currer¢cy of the
entity.
Matthews Frie1￿S meets the definitron of a puNic benefft ents.ty under FRS 102.
Going concern
There afe no rnaterial un￿rtaInt￿S aLK)Ut the charity's abiltLy to continue.
Debto
Other debtors are recognised * the settlement amount due after any tra(le discount offered.
Prepayments are valued at the amunt prepaid after taking accounl of any trade di5count5 due.
Cash at bank and in hand
Cash al bank and cash in hand includes cash and short term highly liquNJ investments with a short
maturity of three Tr￿nthS or fess from the date of wuisth.on or opening of the deposit or similar
ac¢ounL
Credltots and provisions
Creditors and provisioll5 are rwnised where the chanty has a present obligation resulting from
past event thal will probably resutt in the transfer of funds to a third paty and the amount due lo
settle the obligation can be measured or th"mated reliably. Creditors and provision5 are normally
reGognised at their settlerwt ar[￿Int after alk)wing for any trade discounts due.
14

Matthews Friends Charity
Notes to the Financial Statements (c￿1￿￿￿)
Year ended 31 March 2022
Debtors
Other debtors are recognised at the settlement amount due after any trade discoullt offered.
Prepayments are valued at the anKJunt prepaid after taknng a0￿Unt of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand include5 cash and short letm h￿hlY Iwuid investments with a short
maturity of three months or less from the dale of acquisition or o￿nIng of the dep05il or similar
accounL
Creditors and provisions
Creditor5 and provisions are recognised where the charty has a present oblKJalion resulting from
a past event that will probably result in the transfer of funds to a third paty and the amount due to
settle the obligat￿n can ￿ fTEasured or esb'maled reliably. Credilofs armj provision5 are nomially
recognised al their settlement arrK)unt after allowing for arty trade discounts due.
Judgements and key sourc8s of estImalk￿ unurtainty
The preparation ofthe financial statements requires management to make judgements, estimates
and assumptions that affect the amounts re￿￿ed. These estimates and judgements are
continually reviewed and are based on experience and other factors. including expectations of
future events that are believed lo be reasonable under the arcumStan￿s.
There are no significant areas requiring material judgements. estimates or assumptions.
Taxation
The charrty is exempt from tax on Incon￿ and gains to the extent that these are applied to rts
charrtable obJeth"ves.
Pension costs
contributs.ons to defined contrtbub.on plans are recognised as an expense in the period in which
the related Servi￿ is provided. Differen￿5 between C￿ntribU￿"0nS payable in the year and the
contributions adUal￿ pa￿ are shown as eilher amals or prepayments on the balance sheet.
Fund accounting
Unrestricted fvnds are available for use at the diScretic￿ of the trustees lo further any of the
charity's purpk)ses.
Designated fvnds are un￿$trthd fvnds earrrfjrk&J by the trustees for particular fvture project or
commrtment
Restricted fvnds are subjected to restrictions on theirexpendrture declared by the donoror through
the terms of an appeal and fall into one of sub-classes.. restricted income funds or eadowmenl
funds.
15

Matthews Friends Charity
Notes to the Financial Statements (conOnu8d)
Year ended 31 March 2022
Accounting pollcies
Incoming resource5
Income is accounted forwhen the charFty has entrtlement to the fvnds. receipt is probable. and the
amount is measurable. ￿ere incx)me is weived in adva1￿ of an event rt is deferred until the
charity is entitled lo the in￿rne.
Income from donations and grants is indud&J in Incon￿ when these are ￿￿1vable. When donors
impose condiiion5. which have to be futfiited before the charity becomes enliued lo use such
illcome, the incorre is deferred and not induded in income unt"1 the Pre-￿nditionS for use have
tEen mel. Interest is included when receivable by the charty.
Resource5 expended
Expenditure is recognised on an a￿rualS basis a5 a liability is incurred. Experldilure includes any
VAT wh￿h cannot be fulty recovered, and is teported as part of the e￿ndIture lo which il relates..
Costs of raising funds comprise the costs assoctaled wrth attracting donab'ons, grants and
legacies 8nd the costs of trdding for fvTrdraJ￿ng purpMJses.
Charitable expenditure cornprises those costs incurred by the charity in the delivery of its
acth'vities and services for ils beneficiaries. It indudes tK)th u)sts that can be allocated directly
to such actsvities and those costs of an indi￿t nattEre necessary to support them.
All costs are allocated betsveeTr the expendtiure ￿egOrieS of the SOFA on a basis deS￿ned
to reflect the use of the resou￿. Costs relating to a particular acb.vity are allocated direclly,
other5 are apportt.oned on an appropriate basis, as set out in the notes to the accounts.
Tangible assets
Tangible assets are inttTralty recorded at cost and 5ubsequenty ststed atcost less any accumulated
depreciation and impairnient losses.
Depreciation
Depreciab'on is calculated so as to write off the o)st or valuation of an asse[ less its resid￿81 value.
over the useful ecx)n0M￿ lrfe of that asset as follows."
Fixtures & Fttbngs
Equipfflenl
20% straight line
50% stsaighl line
Impairnient of fixed assets
A review for indicalot5 of impairment is carried out at each rewrting date, wrth the recoverable
amount being estifflated where such indicators exist. Where the Garrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impainnents are also reviewed for
possible reversal at each repotting date.
16

Matthews Friends Charity
Notes to the Financial Statements [c￿￿e
Year ended 31 March 2022
For the purposes of impairrnent testing, when it is not possible to estivnate the recoverable amount
of an individual asset. an estimate is made of the reCOve￿bIe arrKJunt of the cash4Jeneralrng unit
to which the asset belongs_ The Cash￿enerab"ng unf( is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impaimient tesb.ng of gocXJ￿.1[. the g¢￿ill acquir&J in a business combination is, from the
acquisition date. allocated to each of the cash-generatsng units that are expected to benefit from
the sYnerg￿S of the combinatson. itrespects.ve of whether other assets or liatH"Irties of the charty
are assigned to those units.
Financial instrnments
A financial asset or a financial liability is reC￿3nISed onty when the charity t)ecomes a paty to the
contractual prowsions of the instrument
Basic financial inslnJments are inÈfialty recogntsed at the amount recewable or payable including
any related transacb.on ￿Sts.
Cutrent assets and current liabilities are subsequenty measured atthe ￿$h or otherconsideration
expected to be paid or received and not drscourtted.
Debt instntments are subsequentty measured at an￿rtised (￿t.
t)onations and lega¢ie5
Unrestncted Total Funds Unrestricted Total Funds
Funds
2022
Funds
2021
Donations
Donations, Just GNing & Prrvate
Fundraiseis
175,6C
175.606
70.229
70,229
Charitsble actlvities
Unrestricted Total Funds Unrestricted Total FL(nds
Fund5
2022
Funds
2021
Conferonce Sponsotshrp & Delegate
Income
Other Grants
299,930
300
299.930
300
35,885
35,885
300.230
300.230
35,885
35,885
Other trading activiiies
Unrestrthd Total Funds Unresthcted Total Funds
Funds
2022
Funds
2021
Fundraising Event Incorr
Merchandise Income
Buy At & Easy fundraising
4.530
724
69
4.530
724
69
355
395
355
395
750
750
5.323
5,323
17

Matthews Friends Charity
Notes to the Financial Ststements (wthu8dJ
Year ended 31 March 2022
Investment Income
Unrestricted Totsl Funds unrestn.cted Totsl Funds
Ftjnds
2022
Funds
2021
Bank interest receivat￿e
51
51
363
363
Costs of raising donations and legacles
Unrestricted Total Funds UrFrestricled Total Funds
Funds
2022
Funds
2021
Adverttsing & Promtion
Print, Postage & Ststionary
Computer & Phone
2,010
1,161
1.900
2,010
1,161
3,693
1.544
1.906
3,693
1,544
1.906
5,071
5.071
7,143
7,143
Costs of other trading acti¥itses
Unrestricted Total Funds UnrestTtted Total Funds
Funds
2022
Funds
2021
Organised Events Costs
Merchandise Costs
Adn7inislralion Costs
1.417
260
8,009
1,417
260
8.009
4.021
2,210
7.103
4,021
2,210
7,103
9,686
9.686
13.334
13,334
10. Investment management costs
Unrestricted Total Funds Unrestr￿ed Total Funds
Funds
2022
Funds
2021
Bank Charges
48
11. Expenditure on ¢harilable activities by fund type
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2022
Funds
2021
Webstte & Helpline Phone
Travel Costs
KDRN & INKS
Administration Costs
Conferen￿5 & Meetings
Chef & Recipe Funding
Other Grants Made (See note
Keto Starter Packs
Govemance costs
7.599
1,074
13,7
7.604
383,238
2.267
49,412
6,956
2.110
7,599
1.074
13,796
7,61M
383,238
2.267
49rt12
6.956
2.110
7,624
19
7.624
19
9,400
14.016
8,090
73,348
5,993
2,118
9.400
14,016
8,090
73,348
5,993
2,118
120,608
474.056
474.066
120.608
18

Matthews Friends Charity
Notes to the Financial Statements (c¢KJI￿ve
Year ended 31 March 2022
12. Expenditure on ¢harFtable actlvities by actsvity type
Acbvth"es
undertaken
direct
Support Tolal funds
costs
2022
Total knnd
2021
Website & Helpline Phone
Travel Costs
KDRN & INKS
Administration Costs
Conferences & Meetings
Chef & Recipe Funding
Other Grants Made {See note"}
Kelo Startef Packs
Govemance costs
7,599
1.074
13,796
7,599
1,074
13,796
7,604
383,238
2.267
49,412
6.956
2.110
7.624
9,400
14.016
8,090
73,348
5.993
2,118
383,238
2.267
49.412
6,956
2.110
471.946
2.110
474,056
120,608
. Grant funding activrties are broken down as folkyws..
2022
MF Clinics Ltd- Ketogenic Diet Patient Treatment
Sheffiekl Teaching Hospital
Dietician Funding
Matthews Friend5 Nethertands
25.490
22,647
836
438
49.412
13. Net expenditure
Nel expendtture is slated after ch8rg1ngllcred￿"ng)".
2022
2021
Depreci*ion of tangible fixed assets
430
505
14. Staff costs
The lolal staff costs and employ* tEnefts for the re￿rtIng perrod are analysed as fDIIows.'
The average head count of employees during the year was 2 12021" 11. The avèrage number of
full-time equivalent employees during the year is anatysed as follows."
2022
No.
2021
Number of slaff - AAlministralive
No employee received employee benefits of more than £60.01)O duting the year (2021.. Nill.
19

Matthews Friends Charity
Notss to the Financial Statements ¢t￿￿True￿j
Year ended 31 March 2022
15. Trustee remuneration and expenses
The trustee5 received no remuneration during the current or prior year.
During the year, the trustees received the following re-imbursements of out-of-kX)cket expenses in
relation lo travel, accomNK)dation and telephon￿[ntemel
- Mrs Julie Fountain £24012021." £222)
- Ms Emma Wlliams £1.098 {2021. £7191
Durtng the year the chanty paid £3,669 for IT selvices to Teknit2re Limited, a company
incorporated in England, Wh￿ the tnjstee Alan Johnson 15 a director and shareholder12021.'
£1,447).
16. Tangible fixed assets
Fixlures and
fith'ngs
Equipment
Total
Cost
At 1 April 2021 and 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
1,028
4,745
5.773
4,360
385
5,254
430
45
939
4,745
5,684
Carrying amount
At31 Ma￿h 2022
89
89
At 31 March 2021
134
385
519
17. Debtors
2022
2021
Prepayments and accrued income
other debtors
4,295
30.141
39.449
34.436
39,449
18. Creditorn: amounts falling due within one year
2022
2021
Trade creditors
Accruals and deferred incorre
120
10.125
523
66,413
10,245
66,936
20-

Matthews Friends Charity
Notes to the Financial Statements (continu
Year ended 31 March 2022
19. Analysls of chawitable fvnds
Unrestricted funds
At
31 March 20
1 April 2021
Incon￿ Eynditure
General funds
562,688
476,637
(488,8611
550,464
At
31 March 20
21
1 April 2020
Inco￿￿ Expenditure
General funds
591.973
111,800
(141.085)
562,688
The charity had the followrng deswJnated fvnds".
2022
1ntemab.onal Neurological Keiugenic Society- INKS
Ketogenic Diet Research Netsvork- KDRN
23,035
13,484
36,519
20. Anatysis of net assets between funds
Unrestrtcted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditofs les5 than 1 year
Net assets
89
560.620
110.2451
550.464
89
560,620
110.245}
550,464
Unrestricted Total Funds
Funds
2021
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
519
629,105
(66.9361
562,688
519
629.105
166,9361
562.688
21. Anatysis of changes in net debt
At
At 1 Apr 2021 Cash flows 31 Mar 2022
Cash at bank and in hand
589,656
{63,4721
626.184
21

Matthews Friends Charity
Notes to the Financial Statements (contintsedj
Year ended 31 March 2022
22. Related parties
During the year, Matththvs FrÈend5 Charity stK)nsored a number of children to commen
Ketogenic Diet Therapy through Matthews Friends Clinics Ltd which is owned and controlled by
Mrs Julie Fountain and Ms Emma Williams. who are also tnjslees of the charity. The amount
invoiced for this service during the year was £25,490 12021-. £26.0351. In addib'on. Matthew's
Friends Charity paKI amounts totalling £40.000 to Matthews Friends Clinics Ltd for global event
organisalion {2021- £18.5001.
During the year Matthews Friends Charity repaKI expenses of £150 to Mathews FrEnds Clinics in
relation to costs incurred on the charty's behalf. {2021_' £150}
During the year Matthews Friends Charity r￿1Ved a donation of £57.500 from Matthews Friends
Clinics Ltd lo support the chanty goals of raising awareness of the Ketogenic Diet and providing
patsent and professional training. {2021- £nill.
During the year Matthews Friends Charrty recerved Kelogenic Cookery Services and used the
facilities of maU￿n Benn and Benn Bros who are related lo the tNstee Mrs Julie Foijntsin. The
total invoiced ft)r these seN1￿$ during the year was £4.03312021'. £7,364).
No further transath'ons with related parties were undertaken such as are ￿qUIred lo be disdosed
under the provisions of FRS 102 Section 1A The Financial Rewrting Standard applicable in the
UK and the Republic of Ireland..