Chwity n•mber: 1141948 The MGGS Development Trust Unaudited Trnstee5' report and IIDaneAal stAtements for tbe yur ended 31 MAreb 2024 Tht MGGS Development TrDrt CtsDteDts Refttence and adminiS￿tlY¢ details of thc rhority. its TrpMte¢s *¥1 TnLSt¢¢8' r¢wrt Statement of fmanciaj arfivit Bal￿ shc¢i NN¢s io th¢ fin•ti¢1￿ TIAe MGGS DevelopmeAt Tnmt Reference *dmlntstr*tfve detAll8 ofthe ¢b*rity, its Tnuttts aDd *dvtse for tbe year ended 31 M4r¢b 2024 C. SiTD4 Chair E. Ji*d•n S. Taylor D. Stanley Chgrtty ￿¢￿eTtA bllmbor 1141948 PrfNdp￿ ollk• M8idston¢ Sch￿) farfjirts Buckl￿1 Road M•idston¢ Kent ME16 OSF Aceounta UHY Hacker Yo Thames Hous¢ SittiTh8bournE ME104BJ Banke HSBC 115 Week Strtrt Maid8toDe ME14 IQW The MGGS Developm￿* Trnst Trust￿, report for the yur ended 31 M￿h 2024 The Tnot¢¢$ pres¢n¢ th¢iiathn041 rewt * with the styt¢nxats of thc chty f(ff th¢ l April 2023 to 31 March 2024. At any one lime tbe truBtdeed stipuiares thue shcrtdd bea minimum of three trustcw a JDaxh¥nuth of*even. The body of tN8ttt5 coryise8 up to ex-officio tr￿te￿ to three cwted tsu5*e5. The m¢mbrTS arr wthised IQ APPOiDt llew rnmllb￿ to fill v¥4ncics arising thTwgh resigDAtion OT duth of4n ¢￿]￿8 rn¢th￿, aTMI th¢ year Wb￿ skills w¢)ukl benefit the charity. FAch ¢￿￿ trus1¢¢ hol& offi¢t fry x t¢¥w of Nttw*blo by rtsaKvJintinenL The members at It￿ two lirneg ytar. and tach matter ihAII be by a JimpleThiority of vot¢$ r>fth¢ tsustees p￿1¢￿1. In ch8e of¢qu4lity of ¥￿, the chiirttwi hLS & S¢tord vole. Akni. Objects Hhtory Th¢ obiee¢ive of The MGGS Dev¢lowni TnJ# 18 w fi4thi* th¢ ¢4wtioll At M4ld6tts￿ S¢hoo1 for fjirls. prIM￿LY. but Mi ex¢lusiv¢ty. by pmvii&08 Ind with pwovmim of ￿lIdin￿ •lld f￿llItieS ￿ th* ochool. The MGGS DeveliwJth)l ThjSt￿S In Mty 2011. becThe • ryeyed clMTiiy ￿ 17 M•y 2011. i• 8ov¢rn¢d by irs ¢hwitabk tn]st dccd dited 7 April 2011. The trus*e5 have h•d regud to the Kuithce by the awi.ty Co￿￿￿1%110n with Tel￿￿ to publi¢ benefiL and believe thii r¢quircmcnl 18 mct tlrough thc hcjp suppw¢ wovidcd. d￿E¢llY and ityJiT¢¢tly, lo ¢hildr¢n 4ttd their farniliu. vrithout discTimiMtiim of •ny forni. D¢6Pi¢e ¢oD$¢n￿l￿ deknys limitill8 fithisitil ￿￿11•¢• frooj •nd f¢und•tiw tbenew building, th¢ Ikv¢lopment TNst Off￿e IDTOI betn ible 10 wtsrk ort otber iniliativts this ye4r. Colllboyation with 6th forni studcD15 on communily events raisedboth Awartntss End funds. whL'ltr mirkeijiJ8 etrons fors¢h¢x>l incorne. Alwnni ¢n8ag¢m¢ni thrived, wiib a growing community d•¢abw volUn￿¢TS olTerJn8 caTe¢rs advice. A new Parents. FrieThh. WKI Alumni (Troup wa8 frmed un&r the wing of the DTO. fynd a prnt volunteer h&8 tsken re4>onsibdiry for the Po￿1￿[ pre-k*ved unifonn storc. Th¢ DTO also continued developing the COn￿lty pl￿r0￿ and ¢wtomer Tel￿1(￿¥hIP M￿ls¢M¢nI $y51em, improw ¢0mmuni￿tion •nd $aviD8 time. FiMIIy* SUPPOrt for 8x1¢5 of'A Wrf hu vrith the book *ill wingwular. FlnAlldAI Revkw P•lky Inwrning rcwuT¢CS for the yw lotJllvJ £59523 frorn wcTrl Ind T¢l•trd Bifl ¥id ¢tsIn￿ This li ¥ siBnificanl ott th¢ £37,424 r￿Cly¢d in 2022.23, mjinly tp • off of £17500 Tryeived tn tbr yw. The onlycosts i1￿￿rred in the ywother the Q4.492 donati￿ to MGGS were Professb)n￿ fces •tyl b￿k chu8eB. Thc Sthtement of FIDan¢1￿ Activitiu On Pa8c S ord 5Dbwucth for th¢ ycar of £33.907. vrthicb has addcd to uwe8rri¢ted on the Bkn SIKet to r¢Ah iti of£215.7(KltyUYry forwvd to the n¢xt a¢￿￿tIng ￿0¢L FutsTe PIAM Thr IN51¢￿ ar¢ a5Si51ing with th¢ xh¢)01's Wtr¢Dt buildtn¥ woi¢d •nd facilitie¥ within it ￿ have dtsignatrd £151A of¢xistill8 ￿T￿$ fvr this pw. They are plathiitis to raise &￿itiO￿l fimds in the cwrent aJMI firture ye4r8 ￿ conmbute iowRTds the thtal of £12m being providtA by the s¢h)ol. The MGGS Development Trn Trustees, rqjort {¢onthiu¢d) for the ye4r eDded 31 M4r¢h 2024 The TruJi¢e5 arc rc8ponsibk for th¢ TTu51r¢s' 8nd th¢ fill•ncia] stslcmcnts ID with ar4)ll￿ble law Unlted Kingdom Actowitln8 Statsdarth (Utiited KinBd(xtt At£epted Attou*tin8 Praditel. give a tDJe gnd fair view of the state of affai￿ of the chuiry and of the incomi08 reyowe¢4 applic￿10￿ of re￿UrcH of Gh*ity for that F¢riod ID preparin8 these financial Si￿¢M¢n￿. the Tn￿ee$ are rtquwtd to: sclect suitsble XCOUDting pjlicies aDd thcn appty them wnsimtly. observe the n)eihod8 8nd priT￿lpleS in the Chariti¢s SORP: jud8meDrs and accoun¢ing e￿i￿leS th814Te Teasonable gDd pntht.. stllte wbether ¥plicBbie UK AccountjD8 Stsjthrds hvc beeTh followcd subjecl to •Dy mthriN] dyrtW¢s di¥losed Ittd explained in the f¥nancilll th*ments- pr¢paT¢ th¢ fmAnci•J 8¢ai¢Tn¢nts OD the b•81# unless il IB iD•prri* to w#urD¢ th•t the Ch￿lty will Continue in op¢ratiOn. The Ttrwte¢s ar¢ w#$ibk for k¢¢pin8 PYOP¢T ¥¢OUNill8 Ate wffi¢i¢nt to slbow ¢xplain tbe cb8TrtlJ traDsaclioN •rtd disclose with regsohable accw&cy It ￿Y tim the fitt￿181 TA)6itioD ofthe charity And emble them to t4Jsure that the fblbwi¢j•I stst¢m¢nts comply Mth thc chan.iies Act 2011. the Cjwity {Accounts and Reports) Re8ulaiionJ 2CKJ8 and the pmviaions uf thc iru51 d¢¢d. Thty are Also resporL8ible for 8afeguudÉn8 th¢ a88Éts of the ¢lMrTty and hen¢t fortskin8 reuonable sw>s for the PTtvMtion•tsd d¢te¢tirn of frjud Ind rthcr irregularities. d by orderofthe of the bolrdof ThJ#eu •nd sioned4X theirb¢￿If by. C. SlrTrJ (Chair of Tnute¢$) The MGGS Development Trn IDd¢pend¢nt ex•mitier'$ report for th¢ ytAr ended 31 M*r¢h 2024 Independeat ¢XAmlAtei rq>ort to the Tr*eu •f The MGCS D￿￿p￿￿tTr¥rtCthe rh•TIty I wort to the chality TDJ8ttts on ofthe of the ¢h•xity fi*th¢)Mahd¢4131 Much 2024. Act 2011 I'the 2011 Act). I r¢pon in r¢spe¢t of nw¢XaMiD*￿ of th¢ wri¢d 145 of tht 2011 A¢t attd caThying out my eXami￿tion I have followed the applicabk Direaiow Biven by theCh•rity CommM¥lL￿ ullder ¥e¢tion 145(5Xbl of the 2011 A¢t. Independent •x•ml•er's itaternent Your att•nlion li dTrwn to the f￿ that thE ¢h¥ity Iw mxr•J the •¢c•yots in le￿￿dI￿ with AttouDimg •nd R¢portsD8 by Charitie4'. Stst¢m¢nt of Rr£0Mm￿dcd PrKtic¢ Jppli¢Nbl¢ to Glwiri¢$ pr¢pAriD¥ the]rA¢￿￿ts in a¢¢(ffdtttttt the FitWL¢i•I Reporting St8ndard •ppli¢able ith th¢ UK •ttd R¢pybli¢ of Ir¢Jand (FRS I02} in to the AcwJntin8 8nd Rq￿]ng by Ch¥ritieA.' St*thrnuJt of Recommtnded Prnciice issued ￿ l +4pril 2005 which ia referred w in the exwit re8viations but hu withdrawtt. l under5tsnd that thig bEen ¢kn￿ in order for theBccowits • Inje and fair ViEW in I￿>[d￿ Wbth th Generally Accotcd A¢couniinB Ipractice effective for r¢ponllb8 orifter l 2015. rAU¥¢ ro believ¢ thai in any ￿￿¢1141 w. Accountill8 re&)r& wue not kept in ttapxt of the cknity u required by se¢tiOD 130otthe 2011 A¢1; or the accotsfvts do rtot ￿e0rd with thr*e r¢¢0￿. or th¢ *¢counts do nol ￿lY with thp appli￿b￿ rtywir¢Ttthts co￿¢mIna the fomi and tthlleot of •ct¢Junts z¢t oul in i Chzrilirs {knwunts R¢p￿ts) R¢gU]•tiOt￿ 2008 oth¢r Dny rtqu1r￿*llI tht acc(rtu￿ give • Itue and faie view whi¢h nrt4 mAtt¢r coMid¢ttd As plrf of •n IDd¢￿￿Jerf ¢xKfim*b"o I h4V¢ DO ¢Ots¢¢TW ￿have ¢(￿ 1*r1￿ no othernMtt¢ts iti ¢(Ime¢￿ withlb¢ ¢woin￿l9 whi¢b atte￿￿)n 8houJd b¢ drawD in ¢hi• rep)rt iti order 10 ¢Mbl¢ * proper of the *¢£￿￿￿ ty be M¢hed This report is m*Jt 801ely to the charitys Tnw as 4 body. in a¢￿ with Part4 of th¢ Cbwyiie8 (Ac£￿￿18 Rq￿rf$) Rcgulalions 2008. My work Iw been urhjthaken so th4t I might stst¢ to the chllTitys Tnjstecs those mottcrs l um rcquiT¢d io state to thrm in Jn ind¢FKnd¢nt ¢x4rnin¢r'5 TEWrt for no oth¢r PUTPtP5¢. To ¢b¢ fvll¢&t exicni PEtmiiid by l*w. I do not w¢¢ept W 45$ume r¢Jponsibility IQ stsyw¢ o¢h¢r th¢ ¢Fwity th¢ cb¥ttys Tn4*es ¥ * W. for WO￿ w Iiy this rq￿rL Si8ll¢d.. 5 November 2024 AIIRh R. HiGkic BS¢ FCA UHY Hacker Young Ch•rt¢T¢d Accountants Roman S(w SittingbouEDe ME104BJ Page4 The MGGS Developmemt Trw Statement of flD2ntlal a¢tivities for tbt year ended 31 M#rrb 2024 T•tsl knidi 2•24 rolal fvnds 2023 2014 Nole IAtome from: Do]￿tiOnS wJd1¢8¥i¢# 59J23 59.523 37.424 59523 59.523 37.424 Expendtture •D: 25,616 25.616 26.892 To￿ wi¢thdllTre 25,616 25.616 26,892 N¢t D￿V¢￿t l)) 33,Y)7 33, JO,532 Toial t)mds broughi forwArd N¢t movunenl in funth 181.793 33.￿7 181.793 33,907 171.201 10.532 Totsl fundi ¢thd forwArd 215.7(Kl 215.7C J81. 793 Th¢ Sthiemem of fitt8m¢ial utivitie8 i￿1￿1t1 •ll ID the year. The note4 onpDK¢s 7 ￿ 11 fonnpirt oftt*s¢ finwKi81 •tyt¢m¢th. The MGGS Deyelopthent Tnmt B*laTre¢ shttt #i at 31 March 2•24 2023 Cwrrat auets I.iM8 215.6n 1,896 180.882 Cash at b*okat)d in 216.720 182.778 Cffdiiorn: *Jllowits T￿17￿$ withip on¢ y¢•r (1.020) (985) Not ￿rreNt *M¢ts 215,71XI 181.793 Totsl n¢t #M¢ti 215.7fy) 181,793 Cbarfty fundi R¢stri¢t¢d funds Unrejthded fundo 215.700 l&J,793 Tots] 215,71XI 1&1.793 C. Slll (Chair of Th￿tres) Dale.. Th¢ ty)te4 on p*gt8 7 10 11 fornipmof thu¢ fin￿1*1 *4tuncllts. The MGGS Development Tr￿t Notes to the fiD*ncial Stattn￿llts lor the y¢Ar ¢nded 31 Mareh 2024 G¢rt¢r•i Infon￿￿￿b Th¢ MGGS D¢y¢ko￿t T￿￿1 is Oll L4wity, regis￿110￿ mttDber 1141948. The charity OP¢TJt¢$ from its Principl office at MaId￿C[sI￿￿￿ sd￿07 fw Girjs. B￿k]I￿1 Road Mildsto￿ KenL ME16 (6F. Ae¢ouDthii politits 2.1 •fprepthll•D rfllnucknl The finArKiwl st•t¢ttot• have in *cth)rkn with the awitics SORP (FRS 102) . Accounting Rcporting by ChpTilio.. Statemeni of ReCollu￿£4 Prxtice applicabk to ¢twiii¢S prepariDg their accwots in n￿ord0[*¢ with the Fin*tt¢i#l Reporting Sthnd¥rd applieabl¢ in the UK Rwbli¢ of lrtl*yJ (FRS 102) {¢fftctive l January 2019), th¢ Ftiw¢i81 Reporting StaDdurd wpliMbk in the UK and Republi¢ of I￿14nd (FRS 102) Artd th¢ Choritiu A¢1 2011. Th¢ itstementB knv¢ been wepored to give 8 aDd f4i¢ view aDd have depwLe41 from Ihc Ch•riti¢s (A£couDts aod Reports) Regulatio￿ 2008 to the exlcDt ￿qUired to Prowde a 'ttue and view. Thig d¢p*rNr¢ has involved followinB the c￿￿'tieS SORP (FRS 1021 publishcd in (kt01*r 2019 r•ibeT thatb th¢ Acc(￿lIng R¢porting by swe[￿ Prxl%e ¢ff 215,71J) 215.700 Unr¢flritted fvnds 2023 Totsl fvnds 2023 182. 778 (985J 182.778 ¢985) Cr¢ditth¥ within on¢ y¢ Totsl 181, 795 181,7P3 ii. DyTingth¢ y¢•r th)nati￿lo￿li￿S £24.492 (2023: £25.7741 ￿¢ roth Lo M•id$￿ Gra[D￿ SclM)ol for Girls.