2024-12-31-accounts

The Millby Foundation Charitable Trust Annual Report and Audited Financial Statements Year Ended 31 Dec8mber 2024 Charity No: 1140985 Scanned wlth cs CamScannèr-:

Tho Mlllby Foundhtlon Il•p&rt Ind Flnfitiil 814t•m•Mi lor lh• y••i •nd•d 31 o•e•mb•l 2024 R•porf Audltty 10 511t•mènioT Fininc4al BA1•￿ SM•t 12 Styt8rn8nl ofcash Flry 13.17 hhlpA Irthiwpartljfts SISt￿￿ntI Scanned wlth cs CamScannèr-:

The Mlllby Foundatlon R•port Ind Flnin¢l•l Blil•m•nli lor lh• ￿•1 •nd•d Jl D•¢•mb•f ZDZ4 M9 Athi Shu tslywi Mttthèn $ Sl•ph&nWMg MrK•vhY•u 11) CMtyNvmb•r Prfrf4p•lOffl¢• 10 Pllle•, LoNkn. SW10 9RD W•r•c• Skn•n Lknw, 128CtyR￿d. Lcfthn EC1V2NX W4lJen Woy&C0. UnttA3, fJ•ivhyTvèpr.37W•tsknlQatyJhW, Lonthji, E1• 1YL Blnknr IS6G. 4) NDwng IIUI Gat•, LrrfJon. WFI 3JJ C. & Co. 37 Aooistrogt Lry>aon, EC4P4DQ Scanned wlth cs CamScannèr-:

Tho Mlllby Foundallon R•wiolfv Tfu•lW Ibrih•￿1i JI O•e•thb•rlM4 )7 14 2011 11 o•c•M￿ >JlJ. * Ib (Jth Coirnlth fvjr •r•J W4*$ Scanned wlth cs CamScannèr-:

The Mlllby Foundatlon Obj1th￿ Acttvldw crfth￿d . EngoyomentBnd PArtnArfng.' Ourpartnwr8 work ¢to8otywtth9wArOotBorga￿98uVn Btwj I •r￿Vre our P￿9￿MI #r• Obvgnl èndsUYtslnabb.Th&Aè Patknyr6hlp5 bsen In¥trum￿lI1 thfyrtfjOfs￿￿￿0nJYOurywL￿ll wmiunNy4gd srAvtbTr%. l)Jr athR19$ •rfy whlfjd by & L¥imrnkmBnl to Incbthlly end thp rnpanlwfvJl p4rNrLD&UDn and youny rK00868•5. W• r8M￿n￿OrUS@d tn ¢r88Uty WIEr￿C¢h￿9wk1￿ lo hTrmpuYate nooL4J. rAnLmBklng pollcy chÈriVB %Nant mBkino IR daR￿nA￿ trj AUP￿rt AlrAtAolr_ nf A￿1￿1￿ ty mp(w•rfng oldR yiwno womn. ppruculorty ITh tho UK Bnd South Grantè Èrè ￿4¢ded lo char￿2 rKwrofft ￿ganIsa￿￿ and inraaknj that d•m0Tr5trale a ¢omrnfim8rt io wornolro tho rf9h￿ w￿b•￿Il, and IB&dFislily vlylrts yDung ￿3[￿￿￿, Ihal 4bnwllhuUrv￿5 Df8wty, Wsuth1nubllty. Gr8nts ore aw8thd foknVw￿ 8 rfooTOUS aSg859rn8nt pmce8s kn 8rwJt8 iranskW18rw, .A￿0￿￿oniw￿h thtrohty's Ènd Btr61ggl¢prfotlU2a G￿nts?5 arfy to rnport on ths use of frjnth End th2 outhmes xhknd. Lts8￿ dL￿ry fund 9rnnt d0c1thrts8r￿ th8 polonU8lforprrJrnrn ￿V￿MInL Publlc bAn•ft te85 confinnthatlhy wmplbj th￿r du￿ rewd to the ChErlty nr pihNr ￿1r￿￿J￿rIThj￿￿ Artd rnir thD e4th8d wtforthè publlc bgnofl14nd IBm￿￿OnIwlh ourchwttAbh) pu￿09&1. OurEthvlU88 8r8 d681gned lo bo￿￿1 glts ond youns womèn, p0rrfpj￿ thoseknthD 8re dthantsged t￿m￿rgIn$l8•d kn th8 UK and Sotsth East By AdvArdw gentsi 8quBllty and pmmolng thè rWJhlS. y￿￿[no. I￿[S￿li • ErnPD￿rfr1g ltsdmduab.. provilling ÈIL￿1￿0, Èkll trainiw. ana w￿niP opporttnMBg mHt enHw gilts a young ¥￿￿o￿to￿Lf￿ thBirpotonibi and p¥￿0￿1￿1n $0&6ty. . R£duElng 1Th0￿￿11ty'. A￿￿￿5￿n￿ b1￿81￿ 88t, •roncffjk oppxtrrlty. 8uppJrfhw thc48 81 rfGkof4knrfmlnBkn, ￿￿¢¥, 9rox¢luskn). - 8tron9thnlng Gomtnunhle•." WoiklrKJ ¥Ath famifknD, k￿1 lo pMnolfr 9•nd•r •qu￿￿Y ¢haibrwJe namwi anll pract￿￿. .Advotary and awareneGs.' R￿$5￿9 of ￿$YeS gif ￿ yowoJ and Inn￿rg rdlryatKI ptadketo citra￿ Wra. 8YStEmk rhanua. •hlwm•nts •nd P•rformllnoo Thg Trthig0$ hgvfy rothwdlo 8Wy th8kfwth in accordm wllh uftr0T￿j￿l ￿￿th￿rryant rn&Ikn9 oc41ty. OwBIIonF El,$57,6e8 hth begn th8 (ZWtJ'. £877,6B2] vThJ ate ¢tsled kn nob 3 ¢1 thbÈÈ FI￿t￿l SlalBmfrnLs. Scanned wlth cs CamScannèr-:

The Mlllby Foundatlon RportOlMT￿•t•O$1￿thl y•v•nthd ai D•[•ffl￿r iWIGonHwo Gmrd rnthpkints aro ￿4￿r0d lo p￿￿￿40 Nghlsh¥ng Iho wcrk In oooh ptykd ond impad ol thlg wort¢. Th# Trntsleeg uge these mpots. eg W￿11 69 dbJHAI communkab)n. io mrat￿￿or and •¥alu•ts tr acUvM96 caffbd tyJtlO dML¥tlhoy att m•aUry Ihe and orn de￿￿9 mganlrom ImpaGt. Thwo repots ￿ed10t￿￿ttèrf￿lts partn8W OP[￿￿M3B. hèrd t0bL4h4¢01BbbeoThrtW￿t0 pD¥4ty8ndlhèmoAI ￿derS￿p10 rdmgllh•#nd o bètiér Wodd. . SupportTrvJ th? Giobal Fund for Woman thdr Addt$¢9nl Inma1￿ IAGD. Th AGI sqoks vfwaig its fc6thr Mo￿￿9nt-bUfithw among gltb thèlr AIIBI. aknYlTrJ for ol g d yourvj ¥IrMe￿ed orpantsatkn. as as ofassrrJDt8 O[ga￿Sai￿n and mvMnBn￿. ty ￿llarS of thrs %y)rk a Onb￿n0 $uppcrfNn9 WPB whBrg dgtwlg tho rthdugg tharo>.' mor& plfy thè thpast vOt¢Èa,' Ghanglng ihts fr¢rn to Important ￿￿0[80[￿￿nUB. Stsp￿r￿U Tho hvklhlè PI4Bct tstdÈd out by Tha Lonthn $th￿ ol ond TrOEo1 klad￿n￿. Th ptDyrnrnO1scHllng totr ml110￿ olchlbj thtrwortd. 8nd kniervendon5 thHI WHI hnprovo tholr Ifveg ar￿ I￿￿h￿y-. Thoy work vlth and fllrmor Oh￿ domostbj ODnfal Int•r¥tnlknnknutsod 105gEfGhtofécM&tstè Guw•ntBknDn6 (utum clonu•. Tr Tr￿1885 ar8 to T&PDrt Chatty tBrn#lns In enAblng us ta cllnltr •YV8rdrvJ our m155bJn ￿ SLVPUrt yenuer equaity Tor Tne D8n¢4 neJ ￿ si O袕mbsr2024woB£12e0298 (2023.. £1.379.4231. Our Bnum of£1,387,12S12023.. È692.2131 wav r¥d¥d tyjr5p￿mh￿ aTrJ P8rther. Th? RvbDrt H N Ho F4rnUy FDthdBUlln we spent£i.3aJ,u14 oncnomabk a¢iMdes In2D24. ￿￿p￿ted WMh£B9B.nfj In2uz3. ol toiai exr&iath, £1,351.585 re￿1￿ to owllided directy * Olher ch￿￿1$$ Or ￿l[0ft compared vlikn E67T.5W2' 23. Th fijl IIGI of qrEnt ￿CID￿￿nIS rAn be found in nDt8 3, bL I￿&s1 grnnt radrABrt kn 2024 Lonth $C￿01NY￿0nO MÈLldnowho ￿￿e￿a￿talg￿1￿£9(￿.D2o. R•Mr¥•• polloy TiLwteè pow b to rndrthln thAlr￿￿r￿Jtr& ol wpport ur￿BrthV￿tyWJ grdnl mJw wky.The Tni88 m to malnlthn res￿8$ h unrgsfficled fvjnts at a knl whkh to Et% Df rharfith exp8r￿tt￿re. TNS shoJhJ $￿￿ent furth to lo W￿(8￿)n$ ts tyants and tho1 there ate sLrffithntknd8AV￿￿blfrt0COv$r$L¥W￿f￿1￿Dv￿￿￿C¢ The rwth¥ an 8nnuo1 burtgBI ol up ta ￿ ￿o￿aled £410k (USD $1.25ml Th¥refote. InBld8ran unr8rthd r#eive OfE4TO,IM 10 O• 8pptQfftle. Al J1 De¢*nber 2024 IhB imr8str￿ re90￿@$ £T53,631 12023.. £748,208). st ths warn £753fv31, hBothy PtsEHbJn IJ thoritsb ty. Th• Trn61M•c￿￿ldWTtt0 Mllby lobw ron¢ Scanned wlth cs CamScannèr-:

The Mlllby Foundatlon Il•oort olth ￿•1•￿ ltsrth• •nd•dJl O•c•mb•i 2024 . ArnpWry Youih L•*knh¥•.' 2J OL7 2Lr25 Scanned wlth cs CamScannèr-:

The Millby Foundation lrtd•p•ndortlAudttors' Report to tho Mtrmbors olThe Mlllby Foundatltrn Oplnlcn Wg 8EKlil8d lh¥ fTrwwBI slg1?m¥nls ol ThB Mlllby Fuuiid8UDn (the 'ch&rWI fur Ihg yr onded 31 2014, Mffti¢n tomprtsÈ the StaTam&ni 01 tinonu81 ACIIV115, bneei. Lg3n piow bt¥iemeni anu r81819u noi9& to the Fkn8nclal Stslements. includlng a summary of slonlficanl accoun￿￿ pollcl88. The finèrtlal reportlng fram￿%￿>1k Ihal has been gppNed in their preparts￿On Is Unrfed Klngdorn Accounong SLqndsrds, comprfslng Char￿1&8 Ael 2011 snd SORP- FR3 102 The FIna￿la[ Reporhng Standard appll(able in rhe UK and RepubliG of Iraand, and appfiGabl8 1g¥v IUThN8d ￿ngd￿M Gèn8rallyAcc8pled A¢(J)U￿ng Pt8¢tK81. Thle roport IE made 801ely to charllable or9gntsadon'B IruBIg&B. a& a body, In accord8nc& wllh eecHon 144 01 Ihty c￿riNtS Act 2011. Our tsudil Mork has bèen undèrt8ktrrt so Ihal we ml9hl stalB lo thè charftys trusloès thoso mèttèr¥ we are requlrea 10 siaie 10 In an audiiof5 report and for m other purpose. To the fv11851 extent perm1tt80 ty law. w8 do nDI a¢tgpI or 8S5ume respon￿bilitY ID anyone oihèr than thè charl￿ble company and its Irusl&&s 8S 8 b)dy. for Ouf2LvJitwork. forthl$ r•port. orforlhè Op[n￿ wè h8v8 forn)￿. In our oynlon th• fingnclol stptem9nts'. g￿e a Inje tslr vkn Df the ¥tate Df the Lb8rlWs aflalrJ as al 31 08cBtnber 2024 and of hs resLIts fgr the IhBn endgd.. bwgn propDrfy pr•par•d in &eCordart•￿1h Unit4d Wjngdom G•nqT>ItyA¢e•p￿d Ac¢ounbng Pr4cbc•', and hayè pi8P8r¥d In accordan¢8 vAth Ihe 1gquiiemen16 of the ChariUesAcl 2011. Bo51$ lor oplnlorb We wnduGl8d our Budit inaCcordan￿V￿kn International Slathd5 on Audibng IUKI ILSAS IUKII and 8ppltsbb kw. Ourr$sporbalbllts8¥ Ur￿￿r]h(￿O stsndard5 ¥r¥knrthér d&S￿0ed In the AudKDrfs rèspDnslbifiUes forthe Euditof fiDpnGlulEtalÈmpntS se¢bon of Dur report We are Indepèndent oflhe ch8fity In accordance V47th th& èlhlcal requiiements IkAI are relevanl lo oui audilolthe fin￿r￿l%1 5taletnenis In the UK, including the FRes Elhlcal Standard, and w& hav8 bjifriiéd Our0￿8￿ elNi¢ai responsiDllives In aco)r08nc&wiin tn95e 18quir&m8nts. vve Deiieve thatth?auait evldence we have obtoined Is sufflclenland approprlab to provld8 8 baslsfor Our opkuon. ¢on¢Ju$lon8 r6lalAU to golng ¢on¢orm We hav8 ￿￿Ing lo raport In reswei of th& folhyAr6 [￿tter¥ In relatton ¢owhlch the ISAS (UK) requtr9 US to reFxirt to you s*herf5.' thè trus1285 use of thè gDiNJ CDntÉm los￿ of accounting in the preparatk)n of tho financ￿ $lalemen15 8pproprlalo- or the tru51aB5 hove not d15ck>s?d In the finEncial statements any ￿￿tilled material unc&rt81niios that may cast slonfftsnl doubl about ¢h8dtls a￿lity lo ¢onlnu8 to adopt thg golng concem ba$1$ of accounknng for a perb4 Dfat ast twohw monlhÈ frorn the d419 the finandal thl&men15 sro authDrfBgd for &suo. Scanned wlth cs CamScannèr-:

Tha Mlllby Foundatlon Ind•p•nd•nlAudltoTr' H•povl to lh• M•mb•rn olTh• Mlllby Founrtstloh eorrflnu•d Oplnlon OTh olh•rM￿lTh pr•I¢￿ts•￿ byth• ChiiHl•• A¢t 2011 In (ynh)n, on Ihe ul￿r￿r1￿kfrrt In Ihe tour80 of tho a￿tt.. lh• ln10m￿l￿n ￿v0Th In the Trus1oQ8' Rewttof y8Br lorvthkh Ihe finarKLg11latem8nl•w8 prèpafqd tonlmryih nn•rtlèl ilètem8ntB,' •nd fnAle8J' Reptyrt been wepored In &xord8nc8 Wih8pplthbly 1a(pk•￿nls. M•tt•rn OhtNthkhw• r• rnqulw•d lo rppDrt by •x¢•ptlon the IkJN ofour kno4edge •rKI undtrffJt8ndiw oflhg cornpgny&Thl itts 8n¥konrn¢nt•btsin8d In th8 ¢xiur80oftr• * havo not Nlonlffièd materf&l mlssWernDts In IhB Tnists8s' AoporL Wo hDYè nolhlry lo report In ro¥qct Dlthe m8tternthorg the ChÈrttw kn12011 wulrw ￿ to re[￿rt￿l l. opinknn.. . 8dequats 8ttounlr4 recordi hawo notbeen kgpl, N re￿mI od•quat•for LHJf audl notbeen 1gcer4tiI from trnn¢￿ not￿Sited byw.. or lh• ffinanty•l 8tsiomtnts •r• m)1 In 89rd￿ent￿th the attounfjng recoids foknrn5,' or rtBin dx10su￿6 oftrnstee'$ remuneralhm Spe￿fied bylaw8re not rnad8.' (Y have not recor￿d 011 Ihtr infomiaiion ond exrAanalionswg roouir8 foroUra￿l R•sponslbllltlo$ of tnt•6 As explalrd more fully on wjo 6. Ihe trusle&s are i?spon51ble for IhB preparaJon of the financbl statsm8nts 8TrJ for sBti5fipd thsi thoygfva 8 Vug and f8lrvlw, and for 5uth iniem•l control as tho truste85 detèmiw b nee&s￿ry i onabk tho preparauon olfinandai 8tsm6nts thalwe free frDm fflatefh4mtsslatemenl. %thelherdu8to fraudor In wep8rfng ts fingncbl ststèmènts, the trustefr5 are Fg$porible for a$5e5$1ry thè chariV$ abk4ty H¥ • ry C4)ry￿rn. d￿￿O8￿g. a$ appI￿Ab￿, matters 18Wod to gDhg uslng the goino ba￿8 of arijwnting unless the trustees •lh•r kntsnd SJ hQU￿ats Ihg chpnty t to ¢a8e oporations, or ha¥8 ￿ wF&bC atternati￿ bul to do so. dltots r•¥p•thslblllllèB fotthtr th• flnThn¢lalAtat•mntB Our objectNes are lo Dblain ress0￿￿e a55urnn(¥ 8tK)ul knethor the ststemonts as a frBe from material mi5stsltmenL wheihtrr due to fraud or enw. to IssLte Bn audiitsrfs rtsp￿ trot In￿￿￿eS OLK oplnbn. Roasonable as5uTrnc8 1$ a hvJh vel of assurance. bul noi a guarants8 Ihat an audbt LwdLti6d In ISA6 IUK) ￿11 adyS d8tsCt a mbleriai misstJtem2nl il Bwsts. Misslal&ments c4n atse from 1[a￿j or ertLY wJ aro CUJSKlpr6d material rf. iTrJwidualty or In ihe 8ggregBts, they CDUPJ r¥asonably b8 8XF¢tod to hlluenr* V do¢isK)ns ofuser5 tsktrn on the basitofthesefinandal 5tatementS. Scanned wlth cs CamScannèr-:

The Millby Foundation Indepèndpnt Audltors, R8POrtto the Members ol Th• Mlllby Found•tlon contlnuèd As part of an audit in accordaTh￿ with ISA5 IUKI, we exercise professlonal judgement and rn8inlain professional 5kepti¢ism Ihrowhoul Ihe audit. We also". Identify and as5e55 IhB nsks of materi31 misslalemeni of the financiÉl stslenienb. whether due 10 fraud or error, design and perform audll proCedu￿S re$ponsivÈ kn IhDse risks. and obtain audit evidence that is suffiuenl and appropriate 10 provide a basis for our opinion. The risk of noi deiecling a material missialÈtnenl resulting from tr¥ud Is higher than for one tÈsulling from error. as fraud m8y Involve collu5i0n. forgery. misrepre5eTrtab'ons, or the override ol Internal Conlrol. Obl8in an underslanding of Intem81 conirol re￿VaN 10 Ihe audit in order lo design audlt procedures Ihal are appropriaie in c4roJmstan¢Ès. bul not for the purpose ol expit$siny an opinion on the effe￿1VeneSS of the charity's Internal control. Evaluate IhÈ appropriateness of accounting policvès used and the reason•bleness of axounling estimate5 an laled disclosures made by the trJ¥tee$. cOn￿￿e on the appropriateness of Itustee's use of the going wnrrn bas￿ of accounting and, based on Ihp audit ÈvirJÈntÈ Obtained. whether a material uncertainty exists ielaled lo events or conditions that may casl s￿nIficant doubl on the charty's ability lo continue as a goin9 Con￿￿. 11 we conclude th81 a malerial ￿n￿rtaintY exisis, we are required lo draw 8llenon in our audito¢s repori lo the re131ed dL%¢h)sures in the financial 51816m8nts or Il such disclosures 3re inadequats, lo mixlify oui opinion. Our condusSons are based on the evidence obtained up lo the dale of our audsio¢s ￿pOrL HO￿ver. future events Of conditions may cause the charity 10 casse to conlinLE as a going con￿rn. Evaluate the overall yesentsllon. structure and coThlenl of the financial statetnen15. including dlsclo$ures. and vtheihei Ihe financial slalements represeni the Unde￿￿n9 transactions and events in a Manner thai achieves fa pr••nttiOn. Oblain sufficient appropriate audil evidente ￿garding the financial inlorrnation of Ihe eniilie5 or business aciiwiiiès Wllhin the efvarity lo express an oplnk)n on the finantyal stslements. We are resw)nsible for the dire¢iion. supetvision and pèrtormance of Ihe charity 8￿J11. We remain SO￿lY responsi￿6 for our audil opinion. We communicate with ihose thHrgeU with governance ￿9a[dIng. amono olber mamets. the planned scope limiig of the aLKIrt and svJnificanl audit findin9s, includiny any significant deficiènrip5 in inlemal control thai we idenlfy during Ifh4lid A3mir fjadri Iseoioi Slaiulory Audilorl For and oil béhall ol WaldeTr Way & Co Lid Sl8luioryAudiior Date.

The Mlllby Foundatlon Slat•m•niol Iln•n¢lal a¢tlvltl• In¢ludlng In¢om• ond •xp•ndltur• •c¢ount for th• y•4r •nd•d 3109¢omb•r 2024 Unro8trl¢ted Funds 2024 ReBtrlcte Fund$ 2024 Tol•l Fund• 2024 Nol•• 1,387,125 1.387,125 2,213 1383 024 698,776 N•tlnowfit (OX￿￿111ur•? 4,101 4.101 16, Oih•r rn¢0gnk•d galnslllossesl Gairts (1)5seslon curertyexthgroe 1118231 119.388} T￿1 funds at ofyear T48208 748200 Tots11￿mIS at perwear end 753,631 753.631 748,208 9aY ¥TrJ h•v• bggn inrlLTra•d in the Stat•m&nt of Finanra81 Adnirfi8s awNJ tula1￿1 to g)ntinulng actlvtts r<&s (m pages 13 to 17 frrfm partofthese financ4al statements 10 Scanned wlth cs CamScannèr-:

The Mlllby Foundatlon BalAn¢• Bh••t •• at 310•e•mb•r 2024 Not•• 2024 Cvrr•nt •i••t Debtors ¢•$h It bèr 422,014 1.280,208 1.379,4r 1.702,312 1J79,423 Llabllltl•$ Cyeditors.. antrxnts 1gllir¥J due wthin one year 1568A641 19)1,942) N&t cuftfil 35tsets 1.131848 87T.481 Creditors: 8munts falliw duè aftèr c4)e y￿r 10 JBO.21 12B,ZT3 Tol•l net88s•ts Funds UnrE5trthd FuThJs Th8 Tn￿ a￿n￿ed0•1hÈlr responsibilities lorcompiWtvJ wllh th? requlrements Of￿ Charitig$Actwlth resFrttto and p¥epar8tion of ffnanual slaternenls. Th8 thanoal slat&ffnts wer8 approv6d byth8 tJard of Trusiees weresvjrted oft its behaK by: Ml¢helle Andrea Shu Lal Yuo 21 OCI Z02g note5 cfi pautrs 13 to 17 fonn part ol Ihese finandal statements 11 Scanned wlth cs CamScannèr-:

The Mlllby Foundatlon Blt•m•nt of Co•h Flow• tot lh• y•or •nd•d 31 D•¢•mb•r 2024 2024 N•lt•¥h u¥•d In op•r•llng 4¥J,816 IrwtyJWD•cws•l In aryl cash equ￿010￿1• In th• yoat 199.1251 493.616 Cxh and ush 89￿al￿Nts At th& b8gknnirKJ of tho >•ar 79 879,807 Totsl ¢Ash •nd euh •QuI￿hR￿ alth• •nd of tho ￿#r 1,379.4tJ R•eonellltlon of n•1 mo¥•m•nt furtds to n•t c•#h flow from ¢¥r•tlng 4ctlvMI•s 2024 Nèl lxF•)dilurel tor year Dmase I{1r￿&aSeI In debfors JBWI IDwyo9$91 IA trsditors 119.386) (422.0141 317 ty51s vl gqulval&nts 2024 The ￿￿e¥ on pag¢$ 13 10 17 fomi P$rt￿ fin¥np41 $tatomoAts 12 Scanned wlth cs CamScannèr-:

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