The Millby Foundation Financial Statements Year Ended 31 December 2022 Charity No.. 1140985 The Millby Foundation Rep￿0Thd FIft￿¢tal St*omwts foTth8y8arend8d 31 December 2022 Referen￿ 8rbJ d8tsA& Repori clthe Truste85 ReForf ofth8 Indepe￿*r￿ Exam•*r Balan￿sheel 8-10 NrAes fonnirq partofth& ￿mar￿1 SlattrnenLS Truste8S M5 michel￿ ATrJrea SPMJ Laiyue M5 Sarah MitcNI ts Stephan* WorKJ Mr Kevhl Yau Hc* Principal Office 10 Cressv*ll PW*. Lornlm. SW10 9RD Accountants walla￿ Sk4n knmited. 128 City Ro•1. L(XKlw EC1V 2KX Indopondent Examinor PenF Audrt Ltd, Churthjcphm Chambet8. 8We. T¢y1)rKI￿. KenL TN9 1NR. ank8rs HSBC. 94 Kensingtthi HvJh StrB8L Ke￿￿￿, LoTrJon, W8 4SH The Millby Foundation Rewtoftt*Tnxtseslortt*y•Jrended 31 Decwbor 2022 The T￿￿teeS p￿Se￿ttheir report *ilh the Financaal smem￿ts of the ¢J)anty fortheyear eTrYed 31 December 2022. The Financkgl Statements have been prepared in arAxxdarKe ¥Mth Ihe acctyJntiNJ rx)lioe5 sel out ￿ page 8 and o)mpiv *ith Ihe dwtys I￿1 aThJ aFp[K*b￿ Milby FO￿d81￿)n 15 constittiled tstts4Tr￿St de&J dat•J 14 M*th 2011. tt 15 reg¢stered wlth The Charity Commi5Ston forEngland and wa￿ urthTthartyrn. 114CVJ85. The Trustees*tho ha¥e sewl duriThJ the ￿ar and JEar erhy arg set ¢xrt 1. The Trustees have examined the major Strategic. and (VeTatKwI ii5ks Ihe d)anty faces and confirni that 5ySterns have been eslablk8hed to enab￿ regular repots to be priKILK%d so that such rtsks are rx>ntynuou51y monitored aTrJ that appropr4te steps can bptkn to Jessen Ihese rtsks. Ot4ectives and Actlvltles TFE Trustees $hgH IK)kJthe Trust Capital and WM)n or *y the %trth0Sè the￿OffOr charitabk purwjses as the TrLL8tees tine lo twne in th￿ at601ute di1￿0￿0￿ det8rmTh. GTrnt maklng poli¢y All aptSKa*'ons rer*￿*1 arettns*lared bYthèTnL5￿ on m8rt1orsu(tability of fvThYfjrwJ. Public ben8fft In meeting the obJ"eebve511* Trusteas have gryen Cathl cons*￿￿ iothè ChartyCcrfnmi5sons genaral guxlan on putlK benefft andifv that all donation$ madtr rr￿et thrs sw#Janc8. The Truslees ha¥e IXx)tin￿d to in ¥￿ty￿arKe the otttE Twu5t and their grant maklt)g poIKy. Donatons totalling £638.617 m*Je in i￿)￿r l%J21.. £rn(L331 arxj arEdetai18d in note 3 ofthese Financial Statements. Financlal Re¥￿ The balarKe olf*sh hdd at 31 t*cembw2022wa5 e879.￿7￿2￿2l.. £8e6.428). The Millby Foundation ftfj￿rtofthe Tn*tg05 forthe year¢ndod 31 D￿eMber￿122 (¢01th￿ttl R950r￿S polky Tha fiustees, poliry Bto maintainlheircontinwNJ *1 ofsuFPC¥t Hgr*l grantmakirKJ wl*y. W inDJm8 resources are InsufF￿￿nI to co*r the grants recourse is madeto fv otherfu￿ts ofthe TnJ¥t. The Trustee$ do not ¢Onsickr Ihat any minimurn ￿¥81 of resources ts wtsirwl. Plans forthe future The Trustees intend to continue k¥oviding grants in a svndar*py lo the recent FOSt but rgtainiThJ fi?￿bIlty¥S to the timing, and Sca￿ ofgrant mthrvj. Trustse5' respo￿[bIlItIeS In relalon tothe financlol siai¢m v aFwkcable to Char￿eS in England ￿ Wats wuwes theTDJ8teÈs to prepare fina￿181 statemerrt5 foreach finantrdl year gwe ¥ and fairvivx of the chanvs financ4al adNibes ￿year ar*1 of its financk?I posthon al end of tr* y*r. In preparifKJ those finaTKial statem•ts. the TnEtee5 ar8 requir*110". . sdect surtable acctyJnthJ pol￿e5 ar*J t1￿ aFvtyVwn ccrfB•," • makejur*ements and estvn*e5 that are reasLmat* arKI w￿Je￿t,. • stale W￿ther applicab￿ atuiunling standards and stat￿￿￿￿ of reoJmrnend&1 pr>￿Ice ha¥8 frAk)￿ SU￿.8Cl to any departures ar￿ exp￿Ined in thèfinancial stat￿ents., and prEparethe finantyal siatemerts on ts gowy corK8m tA￿sunbe$S it ￿ irwpropiiateto p￿ume that the W￿[1 continue in cy8rahon. Twslees are respDn5ibk for keepirvJ 8￿M￿ng reccrts di8dtJse*ith reasonable auAJracy al any lime Ir fmanc4al posilion of tharty aThY enable them to ensure that the ￿an(￿l staternentS 0)mpty vnlh the Charities Act 2011. the Chanty IA¢¢(xJnts and Reportsl RegUkIh)￿ aTrJ the trust O*S. They are a*0 re8w>nsible for safeguarding the assets of the c*anty and lor taki.ng reason3b* 5tep5 for IIE pre¥enlM)n and tjeietlion offraud and other irregularitses. AprKoved bythe Trustees and sNJn8d on Ihw t¢Wty. Mlchèlle Andr83 Shu Lai Yu• Tru$tee Date.. 211OG120Z3 Independent Examinerfs Report to the Trustees of The ￿1￿Y Founda*"on We rewt to the TrnL8tees on tyjrexaminaith vtttE ￿t￿nIS dThe Nfjlllry FrthJath)n forthe yearend&J 31 Dat*￿b￿r 2022 Respon$lbilitles and basts of Trport As Ihe charity In￿ oftheTI￿1yOU ￿ reskwtsible forlhe preparatK>n ofthefinanraal ststements in accordan￿ Ihe requ4rernents of Charrtw Act 2011 Ctl)eArf). We reFfMt In ofourexamifiat￿n oftheTwsfs finartsal st*ements out under setlion 145 of Ihe Ad and in ¢arryirwJ out our &x*ninabon %*E have fOll￿d all the aFplICab￿ dir￿lMSg￿en tyythe chartyc(¥nm￿th urwjer S￿*0￿ 145151(bl rfthe Act. We ha¥e compl*&l ￿rexaminat￿>n. We confmi thai no material matters come to our attent￿￿ fft." l. aco)unlw¥J rECr￿S *Br8 ￿tkept in rE5pe£ldth8Tntytas tysec*on 1230 olthe ACT.. or 2. ￿ fina￿81 stat*wts do rwAacL>)rd Ihose r￿ty￿S." c 3. the finarti4I Stater[￿nts do n(rt ¢ompty*th the apPEr*b￿ requ￿wren1S xffjcemiNJ Iheforrn and eorrtent a$ set wt in the Chaithes (Accounts aTrJ Rwtsl R*JuJatiorts 2LU thrthan arry requirement thatthe finan￿al slatemwiis give a aTrJ fw"rvi*l *thich 15 T*)t a matter (￿S[dered as part of our kn(*peTrJent èxatnirBth?n. We have no cOnc￿n$ ar¥J ha¥6 ccme a¢¥(tss no ollw matth in D￿n￿m)n *ith the exarnina￿n to whith attention shwld be itraw) in this respect in orderto enth a prcyer uThYerstandinq of the financ4al st*ements to be reached. S. Hale Steve Hale FCA. FCCA on behawof PewrysAudt Lld chuthd05￿ Chamters Bordyrte Tonbr5dge Kent TN91NR 26.7.23 The Millby Foundation Slatement of Fina￿la1 Actimbesforthe y¢ar¢nded 31 Deumbor2022 2022 2021 Income and endowments from: Donations and1è3aoes 651.181 241.015 Expend4ture on.. Charitable aClNitE5 239.339 Net Incom8 lexp•ndthTrl 12,2101 1.676 ¢Jthèr rÈGognW gaIn￿lO$Se$l G4iDs Ikis8esl on rajuentyexthange Not movement In 617 1,265 Totsl funds atbeginniThJ Of￿ 742,977 741 712 Ttstal funds at pe11￿&*r end 767.594 742,977 All funds a￿ u￿￿tricted and reL*d to The notes en pagtts 8 to 10 fcEar 13279 119.556 Cash at Ihe beginning of Il* year 866.42 746,872 Cash atthe end of the y￿r 879,807 866.428 notss on pages 8 to 10 form part ofthese ffflarKial staknents The Mlllby Foundation h $uffi¢*tt {¢} Rosour¢•s•xwndgd Idl SvppNt and go¥w4nc¢¢osts lel Chaiitats•a¢bfve• Ilj For* ¢wrend05 Igl concern 651.181 241,015 3 Chor*ablÈAc*ii•# Grant rpJiThJ of nc4* 61 IT•enw4 F￿eth￿ Fur Clrtd FL￿d Girt 431.874 87.899 36428 20,738 2Q502 5,57T 9.987 2,028 441.￿1 B9.728 37.270 21.217 20.976 5,706 5,118 S.116 5,116 479 474 12Y IrKau5N8 Fath￿ TaKesAap Ch￿drerLs BalEt Fath￿ Rth￿b)Th Child Swrt in Fhnd 116 5.116 Ri9MitsP 23 617 The Millby Foundatlon Support Vtywlor￿s Ir 221.394 14.424 10.999 224.495 14.826 1S4 105 F*hvJn Tsk8s Actic L(￿knA Children5 B* leff$wd¥Tru* ￿nN￿e￿ B4fd Blsd( RwKJL¢p)n Y￿ng pAi￿$T(L StreelG8mesUK UK Wxl 7.614 5.281 5.070 5.070 5.070 5,070 5.070 5.D70 5.070 5.070 64 390 70 S.OLK) 70 70 239.339 111 L**n*Br3t, 2ws). 199.715rBrMn&l Feyth•)Tf*TrF￿Fw￿. txJur2eof2021 tor&her¢thaiiaiea*yths 4 Grarts PAhl •KIF4yrtle FL￿ l¥•yrrAe3} FuThSforWDm Detennin 1ts4501(cK31 US4SM{cll31 stat USA S)IlcM3l#a US4 SJllcM3}*aL 431.$74 163,5011 36.4ZB .738 CaThbblldia Fa$hion 7akesAdw)n Landon chil￿.5 8*t sad￿¢s Fashion ReK•Jti￿￿F￿ ¢hildn8t 14.424 7.509 5.208 5,000 1173421 10&M73 f1613fb Sus rtioPkyUKUrt Baha) c￿￿Er¥￿CK) V