CHARITY REGISTRATION NUMBER: 1168463
The Macari Foundation
Unaudited Financial Statements
31 March 2024
GENERAL & MEDICAL ACCOUNTANTS LIMITED
Chartered Accountants
The Wedgwood Big House
1 Moorland Road
Stoke on Trent
Staffordshire
ST6 1DJ

The Macari Foundation
Financial Ststements
Year ended 31 March 2024
Page
Trustees, annual report
Statement of financial activities
Statement of financial position
Notes to the financial statements
The following pages do not fomi part of the flnancial ststements
Chartered accountants report to The Macari Foundation on the
unaudited financial information
144

The Macari Foundation
Trustees, Annual Report
Year ended 31 March 2024
The trustees present their report and the unaudited financial statements of the charity for the year
ended 31 March 2024.
Reference and administrative details
Registered charity name
The Macari Foundation
Charity r8gistration number
1168463
Prfnclpal offlco
Genesis Centre
North Staffs Business Park
Innovation Way
Stoke on Trent
Staffordshire
ST6 4BF
Tho tru8t888
Mrs A Smith
Mr D J Marson
Mr E Mccoy
Mrs J Mccoy
Mr L Macari
Mr N Hancock
Mr P Macari
(Appointed 1 March 2024)
(Appointed 1 March 2024)
Accountant
General & Medical Accountants Limited
Chartered Accountants
The Wedgwood Big House
1 Moorland Road
Stoke on Trent
Staffordshi
ST61DJ

The Macari Foundation
Trustees, Annual Report (continued)
Year ended 31 March 2024
Structure, governance and management
The Macari Foundation is a registered charity legally organised in the form of a Charitable
Incorporation Organisation (CIO). The Trustees are the members of the CIO and their liability in the
event of the CIO being wound up is limited to £1 each.
The charity and its property are managed and administered by its Trustees.
The charity has the following officers..
(a) A Chair,
(b) A Secretary,
{cl A Treasurer.
A Trustee must be a member of the charity or the nominated representative of an organisation that is
a member of the charity.
No one may be appointed a Trustee if he or she would be disqualified from acting under the provisions
of the charity's constitutions.
The maximum number of Trustees will be eleven and the minimum number will be three (unless
otherwise detemiined by a resolution of the charity in general meeting).
A Trustee may not appoint anyone to act on his or her behalf at meetings of the Trustees.
Objectlvos and actlvitles
During the year, the Charity operated from rented premises based at Unit 4 Regent Road, Stoke on
Trent, ST13BX and The Victoria Village, Fletcher Road, Stoke on Trent, ST4 4AJ.
The centre aims to relieve poverty of persons who are homeless, at risk of becoming homeless or
those who are suffering from associated issues such as substance misuse, mental health problems or
crime and anti-social behaviour in North Staffordshire. Thi5 is achieved by providing night shelter
accommodation, food and support to these persons to help them move on to independent living.
The trustees confirmed that due regard has been paid to the public benefit guidance as published by
the Charity Commission.

The Macari Foundation
Trustees. Annual Report (continued)
Year ended 31 March 2024
Achievements and performance
The Macari Foundation continues to be overwhelmed v4ith the number of homeless and vulnerable
people it has been able to support and move on to permanent a¢¢ommodation. It has partnered with
like-minded organisations to support people with multiple needs across North Staffordshire.
The Macari Foundation is looking to further develop the Centre to ensure that this invaluable work
Continue5. As part of this development. the Centre has secured a five year lease for its premises at
The Victoria Village as well as short tem ￿ntaI properties for additional accommodation facilities in
the locality. There is a dedicated team operating the Centre, who are trained to comply with health
and safety regulations and quality compliance and also a strong focus to develop the support of the
volunteers, with a real investment on capacity building through community., encouraging local
communities to contribute through food gifts and bedding etc.
Partnership working is key to ensuring that people receive the best care and support, so The Macari
Foundation continues to work with organisations. attending meetings where necessary and continuing
to contribute to the multi-agency work that is carried out across North Staffordshire.
With homelessness on the rise, The Macari Foundation has filled a gap in the current provision for
vulnerable people across the City, reducing social isolation and anti-social behaviour and providing
people with a lifeline through food, shelter and Care.
Flnanclal review
Income
Income for year ended 31 March 2024 was £616,032 (2023.. £723,776) comprising mainly of
donations and rent received from Housing Benefits.
Expenditure
Expenditure for the year ended 31 March 2024 was £797,077 12023.. £791.954). Charitable activity
expenditure accounts for the majority of total expenditure. With the reduction of public sector grants,
the Charity has continued to invest in fundraising to ensure an uninterrupted service.
Surplus
The accounts for the year ended 31 March 2024 show a deficit of £181,04512023'. deficit of £68,178).
The Trustees continue to support the excellent work that The Macari Foundation has started and they
consider that there is a reasonable expectation that they have adequate resources to continue in
operational existence for the foreseeable future and, for this reason, the Charity continues to adopt the
'going concern, basis in preparing the accounts.
Funds and r888rv08 policy
The Trustees recognise the need to maintain a level of general reserves that enables financial
stability, is adequate to meet the requirements of working capitsl and acts as a cushion against
fluctuations in income and expenditure of the Foundation's activities. Such reserves are built up from
operating surpluses.
The Trustees, policy is that free reserves should be sufficient to manage the main risks of the
Foundation and its working capitsl requirements. The main risks would be a loss of income from
Housing Benefit and changes to government policy. The level of free reserves as at 31 March 2024
was £412.339 which the Trustees considered to be more than adequate for the Foundation's current
needs. The Trustees have confirmed that a minimum of £50,000 is kept as free reserves at any point
in time to ensure the short-term needs of the Foundation can be met.

The Macari Foundation
Trustees, Annual Report (contlnuod)
Year ended 31 March 2024
The trustees, annual report was approved on 29 January 2025 and signed on behalf of the board of
trustees by..
Mr L Macari
Trustee

The Macari Foundation
Statement of Financial Activities
Year ended 31 March 2024
2024
Restricted
funds Total funds
2023
Unrestricted
fijnds
Total funds
Nots
Income and endowmonts
Charitable activities
616,032
616,032
723,776
Total Income
616,032
616,032
723,776
Expenditure
Expenditure on charitable activities
Totsl oxpendlture
794,961
2,116
797,077
791,954
794,961
2,116
797,077
791,954
Net expendlture and net movement In
funds
(178,929)
12,116) (181,045
168,178)
Reconcillatlon of funds
Total funds brought forward
Total funds carried forward
591,268
412,339
21,659
612,927
431,882
681,105
19,543
612,927
The statement of financial activities includes all gains and losses recognised in the year.
All income and expendilure derive from continuing activities.
The notes on pages 7 to 12 fomi part of the$e financlal ststements.

The Macari Foundation
Statement of Financial Position
31 March 2024
2024
2023
Nots
Flxed assets
Tangible fixed assets
106,325
125,649
Current assets
Debtors
Cash at bank and in hand
39,866
461,692
332,511
332,511
501,558
Croditors: amounts falling due within one year
Net currnnt assets
10
6,954
14,280
325,557
431,882
487,278
612,927
Total assets le88 current Ilabilitlo8
Funds of the charlty
Restricted funds
Unrestricted funds
19,S43
412,339
431,882
21,659
591,268
Total charlty funds
11
612,927
These financial statements were approved by the board of trustees and authorised for issue on 29
January 2025, and are signed on behalf of the board by..
Mr L Macari
Trustee
The note$ on page8 7 to 12 forni part of these financlal 8tatemonts.

The Macari Foundation
Notes to the Financial Statements
Year ended 31 March 2024
General inforniation
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address of the principal office is Genesis Centre, North Staffs Business
Park, Innovation Way, Stoke on Trent, Staffordshire, ST6 4BF.
ststement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 (FRS 102) (Charities
SORP {FRS 102)) and the Charities Act 2011.
Ac¢ountlng pollci88
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Golng concem
There are no material uncertainties about the charity's ability to continue.
Dlsclosure exemptlons
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such,
advantage has been taken of the following disclosure exemptions available under paragraph
1.12 ofFRS 102..
(a) No cash flow ststement has been presented for the entity.
Ib) Disclosures in respect of financial instruments have not been presented.
Judgements and key sourc88 of 88tlmatlon uncortalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
offuture events that are believed to be reasonable under the circumstances.
Significant judgements
No significant judgements has been made.
Accounting estimates and assumptions
No estimates and assumptions have made.

The Macari Foundation
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (Continued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular fijture project or
commitrnent.
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 two sub-classes: restricted income funds or
endowment funds.
Incomlng rosourc88
All incoming resources are included in the statement of financial activities when entitlemenl has
passed to the Charity., it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
a￿ applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount Can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
mpractical 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 recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution 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 to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.

The Macari Foundation
Notes to the Financial Statements (¢ontlnu
Year ended 31 March 2024
Accounting pollcies (eontinued)
Resources expendod
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified Linder headings of the statement of
finan￿al activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable ath'vities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the govemance of the ¢harity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities Ihey contribute to on a reasonable, justifiable and consistent basis.
Tanglblo as88t8
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tsngible assets Carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreclation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows..
Fixtures, fittings and
equipment
Motor vehicles
10% straight line
200k reducing balance
Impairment of flxed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impaimients are also reviewed for
possible reversal at each reporting date.

The Macari Foundation
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (contlnued)
Impalrnlent of flxed assets (continu*d)
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Charltable actlvlties
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Rent and donations receivable
616,032
616,032
723,776
723,776
Expondlture on charitsblo actlvltlos by fund type
Unrestricted
Funds
Restricted Total Fund8
Funds
2024
Support costs
794,961
2,116
797,077
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Support costs
789,309
2,645
791,954
Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
431,900
423,821
The average head count of employees during the year was 16 {2023: 18).
No employee received employee benefits of more than £60.000 during the year (2023.. Nil).
Trustse remuneration and expenses
No remuneration or other benefits from employment with the Charity or a related entity were
received by the Trustees.
10

The Macari Foundation
Notes to the Financial Statements (¢ontinued)
Year ended 31 March 2024
Tangible fixed assets
Fixtures and
fittings
Motor
vehicles
Total
Cost
At 1 AprS12023 and 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
145,577
53,561
199,138
43,756
14,558
58,314
29,733
4,766
34,499
73,489
19,324
92.813
Carrylng amount
At 31 March 2024
87,263
19,062
106,325
At 31 March 2023
101,821
23,828
125,649
Debtors
2024
2023
Prepayments
39,866
10. Credltors: amounts falllng duè wlthln ono yoar
2024
2023
Other creditors
6,954
14,280
11. Analys18 of charflable funds
Unre8trlcted funds
At
1 April 2023
At
Income Expenditure 31 March 2024
General funds
591,268
616,032
{794,961)
412.339
At
1 April 2022
At
Income Expenditure 31 March 2023
General funds
656,801
723,776
(789,309)
591,268
11

The Macari Foundation
Notes to the Financial Ststements (contlnu•d)
Year ended 31 March 2024
11. Analysis of charitable funds (witlftu•d)
Restrlcted funds
At
1 April 2023
At
Income Expenditure 31 March 2024
Restricted Fund 1 desc in alcs
21,659
(2,116)
19,543
At
l April 2022
At
Income Expenditure 31 March 2023
Restricted Fund 1- desc in alcs
24,304
(2,645>
21,659
12. Analysls of nèt assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
97,862
332,511
(6,954)
423,419
8,463
106,325
332,511
(6,954)
431,882
8,463
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
115,071
501,558
(14,280)
10,578
125,649
501,558
(14,280)
602,349
10,578
612,927
12

The Macari Foundation
Management Information
Year ended 31 March 2024
The followlng pages do not form part of the financial statements.
13

The Macari Foundation
Chartered Accountants Report to The Macari Foundation on the Unaudited
Financial Information of The Macari Foundation
Year ended 31 March 2024
As described on the statement of financial position, the trustees of the charity are responsible for the
preparation of the financial statements for the year ended 31 March 2024. which comprise the
statement of financial activities. statement of financial position and the related notes.
You consider that the charity is exempt from an audit under the Charities Act 2011.
In accordance with your instructions I have compiled these financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and from infomation and
explanations supplied to me.
GENERAL & MEDICAL ACCOUNTANTS LIMITED
Chartered Accountants
The Wedgwood Big House
1 Moorland Road
Stoke on Trent
Stsffordshire
ST6 1DJ
29 January 2025
14

The Macari Foundation
Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Income and endowments
Charltable activities
Rent and donations receivable
616.032
723,776
Total income
616,032
723,776
Expenditure
Expenditure on charltsblo aGtivities
Food costs and activity expenses
Wages and salaries
Rent and council tax
Donations
Light, heat and water
Repairs and maintenance
Insurance
Printing, postage and stationery
Motor vehicle expenses
Legal, professional and H&S fees
Telephone
staff training
Deprecialion
Bank charges
General expenses
Cleaning and laundry
32,435
431,900
169,384
769
77,689
10,746
7,945
1,108
8,834
27,552
5,949
324
19,324
397
1,329
1,392
797,077
69,602
423,821
130,792
26,000
45,063
18,212
6,608
1,278
5,201
33,268
3,531
863
20,513
508
3,302
3,392
791,954
Total expendlture
797,077
791,954
Net expendlture
1181,045)
(68,178)
15