CHARITY COMMISSION FOR ENGLAND AND WALES PH Media Group Foundation Trustees, Annual Report for the period: 0110112023 to 3111212023 Charity registration number: 1150920 Objectives and Activities The objective of PH Media Group Foundation (the Charty) is to benefit the public by supporting charits'es (or organisations that further a Charitable purpose or purposes) whose aims include.. the relief or prevention of poverty., the relief of those in financial need, hardship or distress,. the relief of sickness or disease,. and at the discretion of the trustees to further such other charitable purpose or purposes (charitable under english law) as Ihey see frt from time to time. In setting the objectives and activities of the Charity the trustees have given regard to the Charity Commission guidance on public benefit. Achievements and Performance In the year the Charity made payments of £27k to national and local charities in the UK. The beneficiaries included the British Red Cross, CALM, Creative Opportunities, Bare Ne￿sSIt18S Toiletry Bank, Redwood School and Home Start Know51ey. These charities were nominated by PHMG staff and reflect the Charity's aim of benefiting a broad range of causes across society as a whole. The Charity's principal source of funds are Please Hold Media Group {PHMG) and the Company's staff who were responsible for the £74k of donations in the year. Financial Review The Charity collected donations in the year of £74k and made payments of £27k resulting in surplus of £47k. The surplus for the period has been added to the brought forward reserves of £127k. At the year end the Charity held cash funds of £173k. The Charity does not have a reserves policy as the intention of the Charity is to distribute all receipts in line with the stated objectives. The balance of £173k held at the end of the reporting period arises from the timing of receipts and payments, and will be fully distributed in subsequent accounting periods. At the signing date of this report the Charity had made payments to other charities in 2024 of £100k reducing the surplus cash held. The Charity does not face any uncertainty regarding its going concern status. The Charity has no material costs, therefore the reserve balance held would be sufficient to sustain the ctivities of the Charity for a period of at least 12 months from the daté of this report. CHARITY COMMISSION FOR ENGLAND AND WALES Structure, Governance and Management The Charity's organisation type is a Trust and the Charity is governed by a Trust Deed dated 2110212013. The trustees of the Charity are appointed by the directors of PHMG. Reference and Administrative detsils Charity name.. PH Media Group Foundation Other names used.. PHMG Foundation (working name) Registered Gharity number.. 1150920 Principal address.. Oakiand House Talbot Road Old Trafford Manchester M16 OPQ Names of the charity trustees who manage the charity Name of appointing body PHMG board of directors PHMG board of directors Trusteo name Chris Berisford Jason Daye Officè Trustee Twstee Dates acted Vvhole year Whole year The Charity did not employ any staff during the period. Funds held as custodian trustees on behalf of others The Charity held no funds on behalf of others and no funds were held by trustees on behalf of the Charity. Declaratlons The trustees declare that they have approved the trustees, report above. Signed on behalf of the ¢harity's trustees.. Signature Full narne Position Date Chris Berisford Trustee 2811012024 CHARITY COMMISSION FOR ENGLAND AND WALES PH M￿la Group Foundation 1150920 Receipts and payments accounts CC16a Forthe perlod from To 0110112023 31112Q023 Section A Receipts and payments Unrostrict funds Restricted fund$ Endowment funds Total lunds Last year to th• rkgarest to the nÈar88t£ toth& nparest£ tothe T*ar•st£ to the r￿Slo$t£ A1 Recglpts Donations in 73.631J 73,830 12,{￿) Sub total{Gross inGome for AR) n,630 73.630 2,00 A2 A88et and Invostment sales, {sèè tablèl. Sub total 73,630 73,630 12,000 A3 Payments ank charges Qonalions wl 26.594 13,t68 Sub total 605 26,603 13.168 A4 Asset and lrniestment purchases, {see tsblel Sub totsl 28,805 13,168 Net of recelpts/fpayments) AS Transfèrs between funds A6 Cash funds last year end Cash funds thls year end 47,026 47,026 1,168 126,2S2 173,278 126,252 q73,278 127,420 126,252 CCXX Rl accounts ISSI 2511012024 Section B Statement of assets and liabilities at the end of the period Unrestrlcted fund$ to n*art&t£ Restricted funds to warest£ Endowment funds Catogoriès Details to noarEst£ 81 Cash funds C8sh IrJ,278 Totèl cash funds 173.278 UnrègtrFcted funds to ￿•ar￿$t£ Restrietèd funds Endowment funds Details lo nparest£ Fund to which as8Ot belon Costlokrtionall Current valu* onal Details . Ze4• Fund to whlch awt bBlon Currertvaluè Detalls Co8tloptlonall B4 Assets r•lained lor tho ¢harlty's owTr use Fund to which 118bllty Iolatgs Amountdwe Wh¢n due lopuonall Dgtslls BS Llabllltles Styjned by one or iwo truste&s on behalf of all the tsuslees Signature Print Name Dale of approval c ffZ(fiRJ) 23 (o 2tr CCKX R2 accounts ISSI Independent examinerfs report to the trustees of 'PH Media Group Foundatlorf Trust I report on the accounts of the Trust for the year ended 31 December 2023, whlch are set out on pages 3 and 4. Respertive responsibilities of trustees and examlner The charivs trustees are responsible for the preparation of the account5. The charitys trustee5 conslder that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an Independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act to follow the procedures lald down in the general Directions given by the commission under section 14515llbl of the 2011 Act to state whether particular matters have come to my attention Basis of independent examinerfs report My examinatlon was carried out in accordance with the 8eneral Direttions glven by the Charity Commission. An examination Includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as tru5tee5 concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audlt and consequently no opinion is given as to whetherthe accounts present a 'true and falr view, and the report is limited to those matters set out in the next Statement. Independent examinerfs statement In connection with my examination, no matter has come to my attention: 111 whlch glves me reasonable cause to believe that in any material respect the reqU1￿Ments. to keep accounting records in accordance with section 130 of the 2011 Act and to prepare accounts which accord with the accounting records and comply with the accountlng requirements of the 2011 Act have not been met or 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Name: Address: Date: Lucy Richardson 2 Cooke Place, Salford, M5 3U 2911012024 Signed: