The Martin Reach
Financial Statements
Year Ended 5 April 2021
Charity No.: 1165113

The Martin Reach
Report and Financlal Statements for the year ended 5 Aprll 2021
Content5
Page:
Reference and administrative information
Report of the Trustees
Accountants. Report
Statement of Financial Activities
Balance Sheet
9-11
Notes forming part of the Financial Statements
Trustees
Anthony Martin
Cathrine Chimbidzikai Martin
Richard Nagle
Principal Office
26 Beaumont Place. Hadley Highstone. Barnet, EN5 4PR
Accountants
BDO LLP, 55 Baker Street, London, W1 U 7EU
Bankers
CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ
Solicitors
Farrer & Co LLP, 66 Lincoln's Inn Fields, London, WC2A 3LH

The Martin Reach
Report of the Trustees for the year ended 5 April 2021
The Trustees present their report for the year ended 5 April 2021 under the Charities Act 2011, together with the
accounts for the year, and confirm that they comply with the requirements of the Act, the Constitution and
accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFR5102I.
Structure. Governance and Management
Governance
The Charity was created by a constitution dated 11 January 2016 as a Charitable Incorporated Organisation ICIOI
exclusively for charitable purposes, 'charitable' meaning charitable according to English Law. The Trustees,
principal office and advisors are as detailed on page 1.
anisational Structure and Administration
The Charity is administered by three unpaid Trustees. The three Trustee5 are considered to be the Key
Management Personnel of the Charity and are actively involved in the administration of the Charity. At present
with the Charity being in its early stage of growth and set up, Trustee meetings held at present are concerned
th establishing the Charity. It is anticipated that in the future Trustees will meet on a regular basis to consider
grants and to review the financial position of the Charity. All major decisions concerning the Charity will be made
at these tneeting5, and responsibility for enacting those decisions wll be delegated to specific individual Trustees
who will report accordingly at each meeting.
The charity constitution dated 11th January 2016 details the following with regard to Trustees:
The Trustees shall manage the affairs of the CIO and may for that purpose exerthse all the powers of
the CIO.
It is the duty of each Trustee to exercise their powers and to perform their functions in their capacity
as a Trustee of the CIO in the way they decide in good faith would be most likely to further the
purposes of the CIO-
Every Trustee must be a natural person.
There must be at least three Trustees with no maximum.
Apart from the first charity Trustees, every Trustee must be appointed for a term of three years by a
resolution passed at a properly convened meeting of the Trustees, but any such appointment is subject
to the approval of the Members.
A Trustee ceases to hold office if they retire by notifying the CIO in writing. is absent without the
permission of the Trustees frorn all their meetings held within a period of twelve months and the
trustees re￿1ve that their office be vacated,. dies. becomes physically or mentally incapable of acting
as a Tru5tee- is removed by resolution passed at a properly convened meeting of the Trustees after
the meeting has invited the views of the Trustee concerned and considered the matter in the light of
any such views., or is disqualified from acting a5 a Trustee by virtue of sections 178-180 of the
Charities Act 2011. Any person retiring as a Trustee is eligible for reappointment.

The Martin Reach
Report of the Trustees for the year ended 5 April 2021 (continued)
Statement of Trv5tees' Res
onsibilities
The Trustees are responsible for preparing the Trustees, report and accounts in accordance with applicable law
and United Kingdorn Accounting Standards Iunited Kingdom Generally Accepted Accounting Practicel. The law
applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year
which give a true and fair view of the state of affairs of the Charity and of the income and expenditure of the
Charity for that period. In preparing these accounts, the Trustees are required to:
select suitable accounting policies and then apply them consistently>
obseNe the methods and principles in Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable to the UK and Republic of Ireland-
make judgements and estimates that are reasonable and prudent.
state whether applicable United Kingdom Accounting Standards have been followed, subject to any
material departures disclosed and explained in the accounts. and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity
will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose wth reasonable accuracy at any
time the financial position of the Charity and enable them to ensure that the accounts comply with the Charities
Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Charity's constitution.
They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Activities, specific objectives and relevant policie5
Activities and s
ecific ob'ectives
The Charity's ethos is to be focused on building dreams through education because it believes education reverses
poverty, creating routes to opportunity, happiness and prosperity. The Charity believe5 that education is the
great equalizer, levelling the field between those who have and those who do not. The Charity has identified its
main target area that Is in need of assistance to be Africa.
The objects as detailed in the constitution are the prevention and relief of poverty amongst those in need by
reason of financial hardship. The advancement of education, in particular by the provision of bursaries and other
forms of financial assistance to pupils and students. The relief of sickness and the promotion and preservation of
health. The assistance of those in need by reason of ill-health, disability, social exclusion or other disadvantage
and the advancement of such other purp¢)ses that are exclusively charitable according to the law of England and
Wales as the trustees in their absolute discretion think fit.
The Trustees intend to identify potential recipients for donations who fall within the Charity's objectives in future
years. Any potential recipient will be considered by the Trustees collectively and if a grant is approved an
appropriate donation wll be determined. The Trustees intend on visiting or otherwise contacting recipients of
grants made in the future to ensure that the anticipated benefit has been realised from the grant.

The Martin Reach
Report of the Trustees for the year ended 5 April 2021 (continued)
Ob ectives and activitie5 for the
ublic benefit
The Trustees confirm that they will refer to the guidance contained in the Charity Commission's general guidance
on public benefit when reviewing the Charity's aims and objectives and in planning future activities arbd setting
the grant making policy for future years to come.
The Charity aims to carries out these objects by giving equal access to the tools and resources required to make
dreams happen. They intend to accomplish this goal by funding projects that create a safe environment to learn,
supplement tuition costs for those who cannot afford to pay and provide additional resources (from books to
computers, and from desks to paperl. To do whatever it take5 to help children reach for their dreams higher,
longer and easier.
The Charity recognises that poor countries all face the same problems- food, water, shelter, industry, jobs and
opportunities. These problems are especially prevalent throughout Africa, exacerbated by the fact there is not a
good, free education system. Upward mobility is difficult, if not impossible, so the rich stay rich, the poor stay
poor. While the middle class is growing and they undoubtedly face obstacles and challenges trying to escape the
poverty cycle, it's the poor who continue to suffer the most. In a social system that doesn't support
entrepreneurship nor give poor children a name or a face, the poverty cycle seems never-ending. Cast aside as not
worthy and unable to afford an education, these children have no opportunity, no future and no ability to dream,
$0 the cycle continues like a hamster running on a wheel, trying to keep up, unable to get off. The Charity
recognises that education is the difference between working to survive in the world and working to transform the
world. The Charity's goal is to help children transform.
The Trustees therefore consider that the Trust's activities are for the benefit of the public generally.
Achievements Performance and Financial Review
A summary of the year's results is given on page 7 of the accounts.
The Charity is still in the early stages of its development. Previously the Charity has received donations of
£150,500 from its founder Trustee Anthony Martin. The Charity remains keen to target its support to areas in the
world most in need. During the year the Trustees donated E5,0Th) to CAFOD to help support Syrian and Jordanian
children for an inclusive education project.
The Charity as at 5 April 2021 has applied £9,680 12020: £12,996) towards charitable activities, administering the
Charity and toward5 governance costs. The result being a deficit of E9,639 12020.. surplus of £37,107).
The Trustees feel that they wll achieve their objectives in the near future and are also looking into possibly
investing their surplus cash wth an investment broker but at this stage this is still under consideration.
Plans for Future Periods
The Trustees anticipate that from the income received in the previous period together with potential promised
donations to be made to the Charity in the future that it will be able to make a positive step towards realising its
objectives.

The Martin Reach
ReF>ort of the Trustees for the year ended 5 April 2021 (continued)
Reserves Polic
Note 9 to the accounts show5 the assets and liabilities atttibutable to the various funds by type and summatise5
the year's movements on each fund.
The charity has an accumulated exces5 on unrestricted funds of £1￿,444 12020- £110,083). Net expenditure for
the year was £9,639 12020: Net income of £37,107).
Followng its initial set-up phase it is the Trustees, policy to spend all the income arising in each period, but not,
save exceptionally, to commit income in excess of that anticipated to be generated.
Risk Polic
The Trustees are responsible for the management of the risks faced by the charity. Risks are identified and
assessed and controls are established throughout the year. A formal review of the charity's risk management
process is undertaken on an annual basis and the key risks identified are as follows..
Ineffective financial controls
Cash
These risks are mitigated by having income mandated direct to the Trust bank account,
expenses must be authorised and cheque5 issued must be signed by 2 Trustees. Also all grants
are approved at Trustee meetings and included in the minutes.
Inadequate financial planning
These risks are mitigated by preparing income and expenditure statements which are
presented at Trustees meeting. Committing to donations is only undertaken on review of
projected income.
The key controls used by the charity include agendas and minutes for all Trustee meetings,
planning, budgeting and accounting and authorisation and approval levels of all grants and
other expenditure.
Through the risk management processes established, the Trustees are satisfied that the major risks identified have
been adequately mitigated where necessary. It is recognised that systems can only provide reasonable but not
absolute a55urance that tnajor ri5k5 have been adequately managed. The tnajor risk5 to which the charity is
exposed as identified by the Trustees have been reviewed and systems have been established to mitigate those
risks.
For and on behalf of the Trustees-
A Martin
Trustee
Date.. December 15. 2021

The Martin Reach
Accountant5. Report
Chartered accountants. report to the Trustees on the unaudlted flnanclal Informatlon of The Martln Reach
In accordance with the letter of engagernent dated 30 April 2020, we have prepared for your approval the
financial information of The Martin Reach for the year ended 5 April 2021 which comprise Balance Sheet, Income
and Expenditure Account, Capital Account and the related notes from the entity's accounting records and from
information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales IICAEWI, we are
subject to its ethical and other professional requirements which are detailed at https.'//www.icaew.coml
regulationla-z.
You have approved the financial information for the year and have acknowledged your responsibility for it, for the
appropriatene55 of the financial reporting framework adopted and for providing all information and explanations
necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you
have given to us and we do not, therefore, expre55 any opinion on the financial information.
Use of our report
This report is made 501ely to you, in accordance with the terms of our engagement letter dated 30 April 2020. Our
work has been undertaken solely to prepare for your approval the financial information of The Martin Reach and
state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release
TECH08116AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than Trustees for our work or for this report.
BDO LLP
Chartered Accountants
55 Baker Street
London
W1U 7EU
BDO LLP is a limited liability partnership registered in England and Wales (with registered number OC3051271
Date.. 15 December 2021

The Martin Reach
Statement of Financial Activities for the year ended 5 April 2021
Notes
2021
2020
Income and endowments from
Donations
Investments
50,000
103
41
Total
41
50,103
Expenditure on
Charitable activities
Grants paid or payable
Support costs
5,000
4,680
10,000
2,996
Total
9,680
12,996
Net (expenditure)lincome and net
movement in funds
(9,6391
37,107
Net movement in funds
Total funds at 6 April 2020
110,083
72,976
Total funds at 5 Aprll 2021
100,444
110,083
All funds are unrestricted and relate to continuing activities.
The notes on pages 9 to 11 form part of these financial statements.

The Martin Reach
Balance Sheet as at 5 April 2021
Notes
2021
2020
Current As5etS
Cash at bank and in hand
103,950
112,999
Liabilitie5
Creditors.. amounts falling due wthin one year
(3,5061
2,9161
Net current assets
100.444
110,083
Total net assets
100.444
110,083
Fund5
Unrestricted Funds
100,444
110,083
Approved by the Trustees and signed on their behalf by:
A Martin
Trustee
Date..
December 15. 2021
The notes on pages 9 to 11 form part of these financial statements

The Martin Reach
Notes to the financial statement5 for the year ended 5 April 2021
1 Principal Accounting Policies
la) These account5 have been prepared for the period to 5 April 2021.
The accounts have been prepared under the historical cost convention with items recognised at cost or
transaction value unle55 Otherwise stated in the relevant accounting policies below or the notes to these
accounts.
The accounts have been prepared in accordance with Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 Ichatities SORP FRS
1021 the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities
Act2011.
The Charity constitutes a public benefit entity a5 defined by FRS 102.
The accounts are presented in sterling and are rounded to the nearest pound.
Ib) Income recognition
All income is recognised in the period in which the charity is entitled to receipt, the amount can be measured
with reasonable certainty and it is probable that the income will be received.
Ic} Expendlture recognltlon
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that Settlement will be required and the amount of the obligation
can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support
Costs and governance costs are allocated or apportioned to the applicable expenditure headings.
Expenditure is included in the statement of financial activities when incurred and includes attributable VAT
which cannot be recovered.
Charitable activities comprise governance costs which include costs which are directly attributable to legal
procedures necessary for compliance with statutory requirement5.
Id) Taxation
The Charity is a registered charity under the Charities Act 2011 and is not liable to UK income, corporation or
capital gains tax on its income and chargeable gains as these fall within the vaiious exemptions available to
registered charities.
le) Fund accounting
Unrestricted funds comprise those funds which the trustees are free to use in accordance with their charitable
objects.

The Martin Reach
Notes to the financial statement5 for the year ended 5 April 2021
1 Principal Accounting Policies (continued)
If) Cash at bank and in hand
Cash at bank and in hand represents such account5 and instruments that are available on demand or have a
maturity of less than three months from the date of acquisition.
Ig) Creditors and provislons
Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a
past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount the Charity
anticipates it will pay to settle the debt.
(h) Assessment of going concern
The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these
accounts. The Trustees have made this a55e55ment in respect to a period of one year from the date of approval
of these accounts.
At the period end the Charity had positive unrestricted reserves. The Trustees believe that the Charity's
financial statements should be prepared on a going concern basis on the grounds that the Charity has sufficient
liquid resources.
The Trustees have concluded that there are no material uncertainties related to events or conditions that may
cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees are of the
opinion that the Charity will have sufficient resources to meet its liabilities as they fall due. The most
Significant areas of judgement that affect items in the account5 are detailed above. With regard to the next
accounting period, the year ending 5th April 2022, the most significant areas that affect the carrying value of
the assets held by the Charity are the level of projects to be supported but the Trustees take the view that
projects will only be supported by the Charity if the Charity has the resources.
2 Donations
2021
2020
Income from donation
50,CtK)
3 Investment Income
2021
2020
Interest
41
103
4 Grants pald or payable
2021
2020
Charlty No.
CAFOD
1160384
5,000
10,000
io

The Martin Reach
Notes to the financial statement5 for the year ended 5 April 2021
5 Support Costs
2021
2020
Accountancy fees
prior year under provision
Independent Examiner Fees
Bank charges
3,506
1.105
2,401
516
79
69
4,680
2,996
6 Remuneration of Trustees and key management personnel
The Trust considers its key management personnel to be all of the trustees.
No trustee received any remuneration in respect of their services during the period.
7 Cash at bank and in hand
2021
2020
CAF Gold Account
CAF Cash Account
101,185
2,765
61,144
51,855
103.950
112,999
8 Creditors: Amounts falling due within one year
2021
2020
Accountancy Fees
Independent Examiner Fees
3,506
516
3.506
2,916
9 Trustees. remuneration and benefits
None of the Trustees have been paid any remuneration or received any other benefits from the Charity
10 Trustees. expenses
No trustees, expenses were incurred in the year/period ended 5 April 2021 12020.. Enill.
1 l Related parties
There have been no transactions with persons or entities that are closely connected to the charity or its
trustees12020 - none)