CHARrrY REGISTRATION NUMBER: 1141700
Medcare Charitable Trust
Unaudited Financial Statements
31 March 2024
MArrocKS GRINDLEY
Chartered Accountants
18 Mulberry Avenue
Turnstone Business Park
Widnes
Cheshire
WA8 OWN

Medcare Charitable Trust
Financial Statements
Year ended 31 March 2024
Pago
Trustees, annual report
Independent examinerfs report to the trustees
Slatement of financial activities
Statement of financial position
Statement of cash flows
Notes to the financial statements
10
Th• following pages do not form part of the financial statements
Detailed statement of financial activities
19
Notes to the detailed ststement of financial activities
20

Medcare Charitable Trust
Trustees, Annual Report
Year ended 31 March 2024
The tnjslees present their report and the unaudited financial statements ofthe charity forthe year ended
31 March 2024.
Reference and admlnlstratlve detalls
Reglstered charlty name
Medcare Charitable Trust
Charlty reglstratlon number
1141700
Prlnclpal offlce
Kingswood Lodge
Kingswood
Frodsham
Cheshire
WA6 6JQ
United Kingdom
The tru8tee8
Mr M Taylor {ChaiTI
Dr P G Hutchinson
Mrs E Darbyshire
Mr J Partridge
Mrs S Kemp
Mr N Taylor {Treasurerl
Dr R Hutchinson
Independent examlner
Mr G Mattocks FCA
18 Mulbery Avenue
Turnstone Business Park
Widnes
Cheshire
WA8 OWN

Medcare Charitable Trust
Tru8tee8' Annual Report fconlfnuedj
Year end•d 31 March 2024
Structure, governance and management
statu$
Registered unincorporated Charity established by Trust Deed on 26 March 2011.
Recrultmenl of Trustees
By personal invitation of the Chaim7an following namelsl agreed at a meeting of the Board of Trustees.
Outslde party appolntments
Trustees onty appointed as per the section "Recruitment of Trustees"
Investment Policies and Reserrfes
The Trustees consider that a reseryes policy is not feasible until there 1$ a substantial increase in
undesignaled income. The greater part of the charity's income is designated to specifi¢ project$. Any
undesignaled income received. is allocated to the general fund. It is a policy that the general fund is
kept at a level that is equivalent to three to six months running costs expenditure to en$ure that if there
is a significant drop in funding there will be suffiaent time for the Trustees to ¢on$ider ways in which
addib.onal funding may be raised.
Funds held a ¢ustodlan trustee on behalf of othera
None exist.
ObJ•¢livo$ and •diviti95
Object8 of the charlty
The objects of the Trust for the public benefit are relief of sickness and the preservation of good health
by the provision of funds, goods or services of any kind in such parts of Uganda or the worbJ as the
Trustees from lime to ts'me may think fiL
To fulfill such other purposes which are exdusively ¢haritable aGGording to the law of England and Wales
and are connected with the charitsble work of the TNst.
Strategy
By the raising of funds in the UK lo provide the running and development costs of the Wellspring
Children's Medical Centre IWCMC) and the Wellspring Home for Disabled Children - both based in
Kamutuuza, Uganda - and including the fvnding of all outreach pro9rammes.
By sponsorship schemes to provide medical assistance to children with chronic, life threatening illnesses
and physical disabilities and to provide practs'cal assistsnce to their parenlslguardians to help relieve
poverty and consequent lack of food and poor housing.
By supporting other local medical institutions in Uganda wth equipment and Supplies.
By visits lo the WCMC to ensure that the work is ¢arried out o)rre¢tty and that the funding $upplied is
spent in accordance with the decisions of the Board of Trustees.
Public Benefit
The Board of Trustees have considered the Charity Commission's guidance on Public Benefit and report
that the work undertaken in Uganda does provide benefrt to the citvzens of that county.

Medcare Charitable Trust
Trustees. Annual Report (conYnu¢dJ
Year ended 31 March 2024
Achltvements and porformance
Activities in tho UK
The Trustees and Medcare volunts8rs have undertaken speaking engagements and organised
Charitable fundrai$ing events in variou$ venues to promote and support the work of the charity and to
encourage people lo take up the sponsorship schemes. Regular newsletters and development of the
Medc8￿ website and Facebook assist in promoting fundraising events and raising awareness.
Charitsble support to Med¢are from Manchester Airports Group IMAGI officially ended in December
2015, but ha5 subsequently recommenced from Mar¢h 2023 a$ part of a new 10-year partnership
agreement. Additional financial $upport for the work of Med¢are has been proposed by Urenco at the
Capenhursl Technology Park, near Chester. Fundraising is being organised throughout 2024125.

Medcare Charitable Trust
Trustees. Annual Report (corfinu•d)
Year ended 31 March 2024
Flnanclal revlew
In the Full Year to 31st March 2024, Medcare recorded a P&L deficit of £7.7k, £5.3k favourable lo budget
and £596.5k adverse to prior year.
Ongoing Operations recorded a £13.3k surplus, in line wth budget and £9.2k adverse lo prior year. A
net £21.1 k was expended on the CBR and Rehab Unit projects, which was £6.Ok below budget due lo
ming on inits'alion of the oUt￿8¢h programme. The variance to prior year is driven by liming on project
fvndin9 vs expenditure.
As at 31st March 2024, UK cash at bank stands al £723.Ok. £8.7k lower than the balance al 31 st March
2023. Charity Funds l Net Assets- which ex¢lude any ¢ash balances within Uganda- stand at £783.4k.
Sponsorship Progrnmmo
The Sponsorship programme recorded income of £79.Ok in the full year to March 2024. to fund total
costs of £78.2k, resulting in a net surplus of £0.7k, £3.1 k favourable to budget and £7.2k favourable to
prior year.
During the peri¢xl, an average 181 children were sponsored on the COIN scheme. with a fvrther 9 on
the Family Support scheme. In addition, 8 children were supported on annual Vocational Training
programme$ and 21 through annual School Support payments.
Wellsprlng Medlcal Centre
In the year to March 2024. the Wellspring Medical Centre recorded income of £104.Ok, to fvnd Costs of
£70.6k, resulting in a net surplus of £33.4k, £1.6k favourable to budget and £6.2k adverse to pnor year.
A total of 18.810 patients were seen in the Wellspring clinics in the tJvelv&month period. +17y• above
the FY22123 equivalent of 16,068, and broadly matching the patient numbers seen in the 2019120 pre-
COVID peak119,098). 42% of patients were in the 1 mth-4yr age range, up from 340A over the previous
12 months.
Donations and Fund-Rai$ing income in the period tolalled £104.Ok, and included £50k from MAG, £20k
from The Grace Charitable Trust and £6.5k from The Wilson Trust. wrth the balance across c15-20
smaller donors.
Employee Costs were £0.9k above budget for the period, due to recruitment of three new positions -
Accounts Assistant, Stale Enrolled Nurse, Triaging Assistant- from 1-Oclober. Medical and Lab ¢osls
were +4.2% above budget for the period and £2.1 kI+11.0°￿) higher than prior year, with the year-on-
year increase bein9 drNen by the +170/0 increase in patient throughput. Non-medical costs were
marginally below budget and prior year and included building repairs, vehicle and security costs.
Building repairs conducted at Wellspring in the period focused on solar battery repairs, water repairs.
fencing and painting.
Children's Homo
The Child￿n,$ Home generated a net deficit of £16.Ok in the full year to 31st March, £4.1k adverse to
budget and £9.Ok higher than prior year.
£16.4k of grant fvnding was receNed from Samaritan's Purse lo support the £32.4k total running costs
of the Home. The Grant funded aspect of the Children's Home cost base generated a net £4.9k deficit.
£3.4k above budgeL primarily due to increases in food, fuel and school I clothing costs in the year.
Expenditur8 areas funded by Med¢are were a net £11.Ok cost, £0.7k higher than budget. staff costs

Medcare Charitable Trust
Tru8tee8' Annual Report Iconllnu•d)
Year ended 31 March 2024
We￿ £0.4k higher (Hakim ¢arer) and building repair costs £0.6k higher., with a fo¢u$ in the perlod on
mpletion and pla$terlng of the perimeter security wall and ￿pair lo the playship stand.
UK Support
At £4.8k net cost, UK Support Costs We￿ £1.2k above budget and prior year, driven by Trustee travel
costs. Other UK costs were in line, and comprised annual insurance premium, advertising. bank charges
and office costs including the monthly accounts'ng sothvare subscription to Quickbooks.
Speclal ProJo¢t8
CBR Project funding in the period lotalled £26.5k and was focused on the procurement of key
equipment. including the van, rehabilitation equipment and IT equipment including laptop and phone.
Rehab Unit costs included groundworks, building costs and ekntricty dNersion, as well as planning and
govemment taxes.
Plans for future perlods
Ouring Q1 of 2024125. it is recommended to the Medcare Board that. in consideration of the Budget and
financial commitments for the new 2024r25 financial year. strategies are discussed to address annual
funding. Including the following..
- Review of the UK fund raising strategy and targeted discussions with key I new donors (including MAGI
Development of the social media strategy for Medcare (including considerations on how to resource I
source expertise)
- Rev￿ of unit costs of drug procurement in Uganda and recommèndations to the INellspring team
- Progressic*n of the ongoing dI￿U$$I0ft$ with Mildmay Uganda
The trustees, annual report was approved on .14./ .1i..¥........... and signed on behalf of the board of
li.
truslees by..
Mr M Taylor {Chair}
Trustee
Mr N Taylor (Treasurer}
Trustee

Medcare Charitable Trust
Independent Examinerfs Report to the Trustees of Medcare Charltable Trust
Year ended 31 March 2024
I report to the trustees on my examination of the financial Statements of Medcare ChaTitable Trust {'the
chaTity'I for the year ended 31 March 2024.
Responslbllltles and basls of rnport
As the trustees of the charity you are responsible for the p￿ParatIon of the financial statements in
accordance with the requirements of the chan1￿$ Act 2011 1.the Acr).
I report in respect of my examination of the charity's financial statements Carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all Ihe applicable Dire¢tion$ given
by the Charity Commission under section 14515llb} of the A¢t.
Ind•pend•nt examinetrs statement
I have completed my examination. I confirm thal no material matters have come to my attenlion in
connection with the examination giving me cause to believe that in any material respe¢l'.
counting records were not kept in respect of the charity as required by section 130 of the
Act., or
the financial statements do not accord wrth those records., or
the financial statements do not compty with the applicable requirements conceming the fomi
and eontent of ac¢ounls set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fairf view which is not a matter
considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the examination to which
attention should be drawn in this ￿pOrt in order lo enable a proper understanding of the accounts to be
reached.
Mr G Mattocks FCA
Ind8pendent Examiner
18 Mulberry Avenue
Tumstone Business Park
Wdnes
Cheshire
WA8 OWN
/0 /11 /2é

Medcare Charitable Trust
Statement of Financial Activities
Year ended 31 Ma￿h 2024
2024
Restricted
funds Tolal funds
2023
Unrestricted
funds
Total funds
In¢ome and ¢ndoY4m•nls
Donations and legacies
Other trading activities
Investment income
190.585
8,954
250
190,835
8,954
6.637
749,396
10,942
693
6,637
Total Income
199,539
6,887
206,426
761.031
Expenditurg
Expenditure on charitable aclNilwts
Total oxpondltur•
186,206
186,206
27,970
27,970
214,176
214.176
172,231
172,231
Net {expendlture)Ilncome ond not
movement In funds
13,333
121,0831
17.750)
588,800
Reconcllhtlon of fund8
Total funds brought forward
Total funds carrled foNiard
224,766
238,099
566,350
791.116
202.316
545,267
783,366
791,116
The statement of financial activrties includes all gains and losses recognised in the year.
All income and expenditure derNe from continuing activities.
Th• notes on p•g•$ 10 to 17 fomi part of th08• flnancSal Jtatsmonts.

Medcare Charitable Trust
Statement of Financial Position
31 March 2024
2024
2023
Noto
Current assets
Debtors
Cash at bank and in hand
13
61,413
723,003
784,416
64.450
731.677
796.127
Credltors: amounts falllng due wlthln one year
Net current alsets
14
1,050
5.011
783,366
783.366
791,116
Total assets less current Ilablllti
791.116
Net assets
783.366
791.116
Funds of the charlty
Restricted funds
Unrestricted funds
545.267
238.099
566.350
224.766
Total charity funds
15
783.366
791,116
The
e financial $tstement$ were approved by the board of trustses and authorised for issue on
, and a￿ signed on behalf of the board by..
Mr M Taylor (Chair)
Trustee
Mr N Taylor (Treasurer)
Trustee
Tho not•8 on pago8 10 to 17 form part ofthese financial Btatsm•nts.

Medcare Charitable Trust
Statsm•nt of Cash Flows
Year ended 31 March 2024
2024
2023
Cash flows from operatlng actfvitles
Nel lexpendrturellincome
{7,7501
588,800
Adjustm8nts for
Other interest receivable and Similar income
A¢¢rued income
16,6371
13,961)
16931
(1,0131
Changes in."
Trade and other debt¢yS
3,037
115,311)
{56,4501
530,644
Cash generated from operations
Interest re￿Ived
6,637
{8,6741
693
Net cash (used inllfrom operating a¢tivrtie$
531,337
Net (do¢roasellln¢rna$• In Cash and ￿$h oqulvalonts
Cash and cash equlvalents at beglnnlng of year
Cash and cash oquiv•lents at end of year
(8,6741
731,677
723,003
531,337
200,340
731,677
Th• nots• on paw 10 to 17 form part oftho80 fln•n¢lal $tatsmont8.

Medcare Charitable Trust
Notos to the Financial Statsments
Y•ar ended 31 March 2024
General Inforn￿tIon
The charity is a public benefit entity and a registered ¢harity in England and Wales and 1$
unincorporated. The address of the principal office is Kingswood Lodge, Kingswood, Frod5ham,
Cheshire, WA6 6JQ, Unrted Kingdom.
statement of complianc•
These financial statements have been prepared in compliance with FRS 102, 'The Finan¢ial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Ststemenl of
Recommended Practice applicable to ¢harities preparing their accounts in accordance with the
Financial Reporting Standard appli¢able in the UK and Republic of Ireland IFRS 102) (Charities
SORP {FRS 1021) and th8 Charities 2011.
Accounting policies
Basls of proparatlon
The financial statements have been prepared on the historical cost basi$, as mtsjified by the
revaluation of certain financial assets and liabilits'es and investment properties measured at fair
value through in¢ome or expenditure.
The financial statements are prepared in sterling. which is the fvnclional currency of the entity.
Golng ¢on¢em
There are no material uncertainties about the charity's abilty to Continue.
Disclosure exemplions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As $u¢h,
advantsge has been taken of the following disclosure exemptions available under paragraph 1.12
of FRS 102=
(al No cash flow statement has been presented for the company.
{bl Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estlmat5on uncertainty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
ontinually reviewed and are based on experience and other factors, including expectations of
fvture events that are believed to be reasonable under the ¢ircumstances.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are Un￿StriCted fvnds earmarked by the trustees for particular fvture project or
commilmenL
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of sub-classes.. restricted income funds or endowment
funds.
10

Medcare Charitable Trust
Notss to the Financial Statsments (¢onlTnued)
Year ended 31 March 2024
Accountlng pollcl•s (c¢mtinu•d)
Incomlng resources
All incoming resources are included in the statement of finan¢ial a¢tivities when entiuement has
passed to the charity., tt is probabEe that the economi¢ benefits associated with the transaction will
flow to the charity and the amunt can be reliably measured. The following specific policies are
applKgd to particular Categories of in¢ome'.
income from donations or grants 1$ recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount ¢an be measured reliabty.
legacy income is recognised when receipt is probable and entitlement is estsblished.
in¢ome from donated goods is measured 8t the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are reco9nised in the accounts
when re￿iVed if the value can te reliabty measured. No amounts are included for the
contnbution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it lo be spent on a particular purpose and retumed if unspent, in which case
il may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of financial
aclivits'es to which il relates..
expenditure on raising funds includes the costs of all fundraising activitles. events, non-
charitable trading activib'es, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activrties that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the goveinance of the charity apportioned to ¢haritable
activities.
other expenditure includes all expenditure that is neither related to raising fvnds for the ¢harity
nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the ￿Source. Direct costs
attributable lo a single activity are allocated directly to that activity. Shared Costs are apportioned
betsveen the activities they ￿ntrIbute to on a reasonable, jusliffiable and consistent basis.
Fln¥n¢i¥l In$lrum•nts
A financial as$el or a fi'nancial liability is recognised onty when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instnjments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected lo be paid or received and not di$eounted.
Debt instruments are subsequently measured at amortised cost
11

Medcare Charitable Trust
Notes to the Financial Statements (conlInU￿0
Year ended 31 March 2024
Accountlng policies fconlinu¢d)
Flnan¢lal Instruments (ctsndnu•d)
Wnere investments in sha￿$ are publicty traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with Changes in fair value
recognised in income and expenditure. All other such investments are subseqUen￿Y measured at
cost less impaiTment.
other financial instruments, including derivatives, are initially recognised al fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instrumen1$ are subsequently measured at fair value, with any changes recognised
in the statement of financial aetwities, with the exception of hedging instruments in a designated
hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impaimient, an
impairment loss 1$ recognised under the appropriate heading in the statement of financial activities
in which the initial gain was recognised.
For all equity instruments regardless of signrficance, and other financial assets that are individualty
significant, these are assessed indwidually for impairment. Other financial assets are either
assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the ￿VerSal does not
result in a ¢arying amount of the financial a$$el that exceeds what the carying amount would
have been had the impaimient not previously been recognised.
Donatlons and legacles
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donallons
Donations
111,597
250
111,847
Sponsorship
Sponsorship schemes
78,988
78,988
190,835
190,585
250
Unrestricted
Funds
Restri¢ted Total Funds
Funds
2023
Donations
Donation$
112,402
566.261
678,663
Sponsorship
Sponsorship schemes
70.733
70,733
749,396
183,135
566,261
12

Medcare Charitable Trust
Notes to the Financial Statements (¢onllnued)
Year ended 31 March 2024
Other trading actlvltlos
Unrestricted Total Funds Unrestricled Total Funds
Funds
2024
Funds
2023
Fundraising events
8,954
8,954
10,942
10,942
Investment Income
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Investment income
6,637
6,637
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Investment income
693
693
Expenditure on charftable activiti￿ by fund typo
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Direct charitsble activities
Support costs
181,182
5,024
186,206
27,970
209,152
5,024
214,176
27,970
Unrestricted
Funds
Restricted Toial Funds
Funds
2023
Direct charitable activities
Support costs
187,929
4.302
167,929
4,302
172,231
172.231
Expendlture on charitablo a¢tlvltles by activity typ•
Activities
undertaken
diredy
Support Total funds
osts
2024
Total fund
2023
Direct charitable activrties
Governance costs
209,152
3,924
1,100
213.076
1,100
171,373
858
209,152
5,024
214.176
172.231
13

Medcare Charitable Trust
NotOS to th• Financial Statsments (¢•￿￿n￿ed)
Year ended 31 March 2024
Analysls of support costs
Anatysis of
support costs
activity 1 Total 2024 Total 2023
General offi
Govemance costs
Fundraising
Bank and financial services ¢osts
Miscellaneous
Advertising
2,413
1,100
216
521
145
629
2,413
1,100
216
521
145
629
992
858
216
1,461
775
5,024
5,024
4,302
10. Indopendent oxamlnation foes
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
1,100
858
11. Staff Costs
The total stsff costs and employee benefits for the reporting period are analysed as follows..
The average head count of employees during the year was Nil (2023.. Nill.
No employee received employee beneffts of more than £60,000 during the year {2023.' Nil}.
12. Trustee remunerallon and expenses
No remuneration or other benefits from employment with the charity or a related entity we
receNed by the Iru$tees.
13. Debtors
2024
2023
Other debtors
61N13
64.450
14. Creditors: amounts falllng due wlthln one year
2024
2023
Accruals and deferred income
1,050
5,011
14

Medcare Charitable Trust
Notss to the Financlal Statements (continu
Year ended 31 March 2024
15. Anaty$ls of charltable funds
Unre8lrfcted funds
At
1 April 2023
At 31 March
2024
Income Expenditure
General Fund
Designated Funds
90,467
134,299
111,596
87,943
(107,750}
178,456}
1186,2061
94,313
143,786
238.099
224.766
199,539
At
1 April 2022
At 31 March
2023
Income Expenditure
General Fund
Designated Funds
72.052
130.175
113.215
81,555
{94,8001
177,4311
1172,2311
90,467
134,299
224,766
202.227
194,770
General Funds
At1Apr
2023
At31
Income Expenditu￿ Mar¢h 2024
General Fund
Donations
Running Costs (UK}
Running Costs (Projects)
111,886}
677,447
136,6561
1538,4381
90,467
(11,886
789,043
14,8081
{41,464
{102,9421 1641,3801
{107,750}
94,313
111,596
111,596
Designaled Funds
At1Apr
2023
At31
Income Expenditure March 2024
COIN Sponsorship
COIN Administration
MDI Sponsorship
MSI Sponsorship
MFS Imedcare Family Supporti
Hospital Fees
Nurse Training
Noeline Support
AD Hoc Transfers
Other Sponsor$hip
Fundraising (in¢ Grants)
77,112
{3,8181
114,1691
{3,3861
{5,4761
8,141
{2.6631
2,360
{20,7881
{12,8571
109,843
66.568
161,9651
17241
81.715
14,5421
(14,1691
13,2861
16,939)
8,141
12,963)
2,930
(20,7881
(14,8951
118.582
100
11,4631
7,311
570
(7,6111
4,439
8,955
16,4771
12161
178,4561
134,299
87,943
143.786
15

Medcare Charitable Trust
Notes to the Financial Statements fconlTnu•dJ
Year ended 31 March 2024
15. Anatysls of charitabl• fund$ (¢*￿11￿￿*&j
Re8trfcted funds
At
1 April 2023
At 31 Mar¢h
2024
Income Expenditure
Restricted Funds
566,350
6,887
127,9701
545,267
At
1 April 2022
At 31 March
2023
In¢ome Expenditure
Restricted Funds
89
566,261
566,350
As at the 2023124 year end date, the balance on the Restricted Fund is in surplus, due to the timing
of expenditure and receipts on the community-based rehabilitstion project referenced in the
Trustees ReporL
At1Apr
2023
At31
Income Expendtture March 2024
Manchester AiTPOrt Group
Community-based Rehabilitation
Project
Rehabilitalion Unit
89
566,261
6,887
{26,5261
(1,4441
{27,970)
546,622
11,444)
545,267
566,350
6,887
16. An¥ty$ls of net assets between funds
Unrestricted
Funds
Re$tricted Total Funds
Funds
2024
Current assets
Creditors less than 1 year
Net a88ets
239,149
11,0501
238,099
545,267
784.416
11.OSO)
783,366
545,267
Unre$tri¢ted
Funds
Restricted Totsl Funds
Funds
2023
Current assets
Creditors less than 1 year
Net assets
229.777
15,0111
224,766
566,350
796,127
15,011)
791.116
566,350
17. Flnanclal Instrumonts
The charity currently holds no financial instruments.
16

Medcare Charitable Trust
Notes to tho Financial Statements (¢ontlnu8dJ
Year ended 31 March 2024
18. Analysis of ¢honges In net d•bt
At
At 1 Apr 2023 Cash flows 31 Mar 2024
Cash al bank and in hand
731,677
18.6741
723,003
17

Medcare Charitable Trust
Manag•m•nt Inforniation
Year ended 31 March 2024
The followlng pages do nol fomi part of the financial statements.
18

Medcare Charitable Trust
D•tail•d Statsment of Financial Activities
Year ended 31 March 2024
2024
2023
Income and endowments
Donations and legacles
Donations
Sponsorship schemes
111,847
78,988
190,835
678,663
70,733
749,396
Other tradlng actlvltles
Fundraising events
8,954
10,942
Investmenl Income
Investment income
6,637
693
Total Income
206,426
761,031
Expendltur•
Expondlture on charltable actlvltle5
Insurance
Other motorltravel costs
Legal and professional fees
Other office costs
Sponsorship scheme$
Project Costs
Advertising & promotion
Bank and finan¢ial seNi¢e$
Fundraising
Miscellaneous expenses
739
918
1.100
756
78.240
130,912
629
521
216
145
729
987
992
77,215
90,714
775
603
216
214,176
172,231
Total expendlture
214,176
172,231
N•t (expenditur•)fincom•
17,750)
588,800
19-

Medcare Charitable Trust
Notes to tho D•tailod Statement of Financial Activiti•s
Year ended 31 March 2024
2024
2023
Expendituro on ¢h•ritabl• actlvltles
Direct charitsblo activities
Activities undertaken dir•cty
Sponsorship scheme5
Project costs
78,240
130,912
209,152
77.215
90.714
167.929
Support costs
Insurance
Other travel costs
Consultancy
Other office costs
Advertising & promotion
Bank and financial service$
Fundraising
Miscellaneous expenses
739
918
729
129
992
775
603
216
7S6
629
521
216
145
3,924
3,444
Governance costs
Govemance costs - accountsncy fees
1,100
858
Expenditur• on ¢harilable actlvltle8
214,176
172.231
20-