REGISTERED COMPANY NUMBER: 09598558 (England and Wales) REGISTERED CHARrrY NUMBER: 1169055 R• ort of the Truste Unaudited Financi tements fortho Year En ed31Ma 2024 Illakln A Dlfference To ne McLean Reid Chartergj A￿un￿nIS 1 Forstal Road Aylesford Kent ME20 7AU kln A Dlfference To Maidston Contents of th F. for tha Year Ended 31 Statements Page Report of the Tn￿tee$ 1 to S Indopendent Examinerfg Report Statsment of Financial Actlvltles Balance Sheet Notes to tho Financial Statsments 9 to lg akln A Differen o Maldstone Istered num 09598558 ortoftheT Ended 31 forth The truste8s who are also directors of the charity for the purposes of the Companies Ad 20C6,. present their report with the financial stat8ménts of the charity for the year ended 31 M8y 2024. The trustees have adopted the provisions of A¢￿Unting and ReFortirwJ by Chariles.. Statement of R0￿mMended Practice applicable to charhtes preparirKJ their accounts in a￿OrdanCe with the, Finanrial Reporting Standard applicable in the UK and R6publi¢ of Ireland {FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES ObJe¢llves and aims To promote sc¢ial inclusion for the public benefit by preven￿ng people from becoming socÉalty exduded. reltewng the needs ofthosè people who are sodally exclutsj and assisting them lo integrats into sc¢iety. Slgnlficant aclivltles Th8 trustèes have regard to the guidan￿ issued by th8 Charity Commission on public benefft. Page 1 Maki ADI renceT M I nurn￿r: 09598658 Re ort of the TnBtee8 for the Year End ACHIEVEMENT AND PERFORMANCE Charitsble and fundralslng ac￿VItieS MADM'S growth continued during the last 12 months, and it is pleasing to réport that after 2 years of deficits MADM retumed to surplus in the year. Income resumed Its year-over-year increase, after Sast year's pause, rising by 500h to record £465k. This enablgj investsnent in our people and facilitses as well as incfeasing the scope of our seNces. All Sour￿ of rose: Interest by £1k with higher déposits and better interest rates t)onations by £20k, most notably due to some local buslnesses Shop incomp by £50k, with 3 quajtsrs beating the same quarter in the pr8Mous year and a new record of £71k for a single quartér was seL The growth came from the continu￿ improvement in the running of the shcy, generous donatiorts of saleable Items, the expansion of sales space and support fron a grant frc4n the School of Social Entrepreneurs (SSE). The latter contributed to us reopening our EBay shq) and opening our wedding and fomal wear boutlquè., and Grants re￿iVed by £86k, ind￿lIng. o the biggest siNJle grant received by MADM of £46k from The Nationwide Building Sod 0 £18.3k as the first instslments of a potential £25k matched fundlng grant from SSE,. and 0 £12.5k frcm The Mrs Smith & Mount Trus( part of a £32.5k award over 3 years MADM is so grateful for all our fiJnders in th8 yéar, as set out elsewhere in thesè accounts, as well as others who have supported us over the years, and to all the peopl& and businesses in Maidston8 who give generously of their money, time and surplus items. Your b8li8f in what MADM do6s is heart-warming. A big thank you to all of you, for your generosfty, whether large or small, for helping to mak& a differen￿ to so many lives. We simply couldn't do what W8 do out your Love a￿1 supporL Some of the grants h81p support Specific inftlativés or improvement projects as well as dire¢t costs of helping clients, helping to éxplain some of Ihe increasé in expenditurE. Overall cost rose £113k wittt the majority teing the cost of stsff and ext&mal servi￿, but also direct hardship supporL staff tralning, and ￿nproVem8nts to premises. A substantiai part of this was th8 fijll year effect of rebuitding th8 staff base during 2022123 as well as the effects of cost and wage Inftation in the wider economy, which affect the charity }ust as much as any other organisation. Nevertheless, looking forward. the Trustees hope that the rebuilding of res8rves will continue in 2024125 rf funding can b8 maintairEd. en MADM was founded in 2015, recei￿ng Charity Status in 2016, its primary focus was to help the homel8ss artt th¢)se in addiction. Today it atso supports those. in need because of the increasingty diversé areas of crisis and social isolation who are rèférred by various agendes induding stalulory servi￿$/10Cal authority. tha NHS, sociallsupported housing, Churches, schools, other charities and many more. The MADM Outreach Céntre ts the heartbeat of the work the charity does in the ￿mMUnIty. W6 have a Small team who work five days a week Seeing dients in a wide range of sltuations. We liken MADM'S Outreach activities to that of a first respondèr. establishing needs. prioritising and either SUPPOTting directty or slgnposting to another sourcé of help and supporL It blesses cliénts in many ways, oftén at no recordable financlal cost to the charity, but taking up significant time and other resources to achieve. MADM'S outreach servi￿8 are not éasily measured, h￿Ver throughout the year we faalitatèd over 900 attended appoinknents for individuals and families who are then supported wlth clothing, household goods, food or toiletries. Additlonally emotional and practical help and advi￿ is given to many who contact us by phone, where an appoinknenl Is not deemed ne￿$sary and therefore stalistics are not captured. There aré many appoinknents that are madé, which then benéficiaries fail to attend. Often our support resembles a mentoring Se￿l¢e offering advtce, guidan￿ and the varying asrécts of life. Clients that live in crisis and addiction can need lervJthy aid to help shape a positive and productive lifestyle. These dients, needs are often complex and need a béspoke approach which MADM aims to delwer with compasslon and to treat thé clients with dignty. Trustees are delighted by the response this brings, esFecially where the indlvldual accwts the invitation to re￿1ve prayer, whére we then see a breakthrough in their lives and décrsions are made for positive life changes. Our "Homemak6rf' prcgramme helped support clients, Induding refijgees, in need of fumtiure, and was generously supported as part ofthe grant ￿￿1Ved from Thé Nationwide. During the year our Christian bookshop 'Living Word, and hub for community activltles continued to assist in the response to the cost-of4iving crisis by providlng a 'Wami Space, for dtents old and new to keep wami, meet others and enjoy a range of activities. We are excited by our plans to grow the role of th6 hub in future years. Page 2 A Dlfferènce T ne umbor: OWJ85 TnBtees ded 31 Ma Through our Beacon of Hope outreach we are constantty lookiro at new ways to support and partner in'the community. Through our King's Pantry foodbank, school uniform section in our charity shop and our to'y bank we take refèrrals from Children's Céntres, Family Liaison Offlcers and Chaplains to assist families that th8y klentify as being in ne8d. We also ntinue to support Christmas and Easter partlés and work with other local charities. Our foodbank is rèstod(ed from our donation points in local branthès of Lidl, donations frcim other shops and coll8don points, induding Maidstone Mall, churches and indivvjuals. We also bèn6ffted from KMFM'S Tons ofrins event In addilon to helping individual c116nts. MADM seeks to make a d[fferen￿ in Maidstoné by supporting the circular ec4)nomy. It does so by redirecting surplus foc<1 and goods to many local tharities and food banksllarders. We have strorvJ partnerships wlth supeTharkets and others to prevent foc¥J waste and other businesses who have surplus goods. Kent County Coundl continue to operate fumiture colléction points at their househc4d waste *s in Maidston8 and our. 'Lovingly Restore(r' initiative helps repair donated fumiture. MADM'S phil¢)sophy is to leverag8 the varièd surplus donations that we r￿1ve to reach some of the most in n*J in Maidstone through our diverse nétsvork of partnerships. As a result, the cost base is more akin to a logistics company than a tradibonal foodbank, whith MADM is so much more than, and due to this we can provide a wide array of services. Th8 capabillties develoFed during th8 pandemic enable MADM to act as an efficient distribution hub frir numerous diversè items. Through the Charity's aCtimts￿. MADM also s88ks to h61p by providirwJ 'volunteering opportunittes to clients and local residents. This benèffts t#Jth the individual and the charity. It is enlightening to see this enable peopl& to rebuild their INes as they gain a more optlmistic view of life, having.a pu￿0$& and potentia]ty getting bad< into wort<. Occaslonally MADM Itself is able to provide those employment opportunibes. We held a rots of be￿een 40-50 voluntèers at any one time during the yéar. MADM seeks to get involv8d in the wtder ¢ommunty through its partnerships wlth Maidstone Borough Counctl, businésses and other local charities and Organisati￿S. Wé hopè that our shop is a positive presen￿ on the High Street and an enjoyable pla￿ for those who shop th8r8. We take part in community events enabling us to advertise and services and ratse funds. MADM was again selectéd by Thé MailStor￿ River Festival as one of ils charity partners. We undertook glft wrapping in Maidstone Mall in the run up to Christrnas and regularly accEpt invitations to present to local communty groups. We publish quarterfy newslett6rs to k88p Féople infO￿ed and are grateful for the support of th8 local media aThJ to Maidstone Borough Councll for thé feature in their community publications. Being part of the Christian communlty Is Important to MADM and we work with many churches in the town and attend events such as Maidstone Bible Week where we had Spa￿ to promote our 'LtMng Word Bookshop., We also welcomed The Archbishop of Canterbury, the Most Hon and Rt Revd Justin Welby. to MADM'S charity shop during his week4ong Holy Week visit to the Maidstone Deanery. where hè visitéd churches, children's groups, businesses and community projects. All the achieveménts oudined ab¢)ve would not have been possible wthoui the support of so many.. our staff and volunteers., our partnets,. the grant making bodies, b¢)th repeat funders and new, that have answered our prayers,. the shoppers who have supported our new shop,. and last but by no means least all those personal and business donors who have gifted us money, food, and surplus items for us to sell or bless others with. Trustees are pleaséd with th8 prcoress mad6 this year and look fO￿ard to further growlh in the n8Xt 12 months - there are plenty of idéas In the plpéline that will ext6nd the scope and reath of the help we offer to those In our local communlty. IM)ilst MADM has a strong Chrislian ethos it is open to all of thosè In need who ar8 referred to us either by halDing them through our range of programmes or by signposting them to oth8r sources of SUPFrf irrespective of" race. creed, faith or colour. Pag8 3 Makln A Differen tone Re Istered number: Re ortofth T Year Ended 31 Ma FINANCIAL REVIEW Reserves policy This has the charivs eighth year of operation.. Trustees have Work￿ hard to brlng increased stsbilty to the charitys fund4aising actlvltles and the level of income continues to grow and is mor8 stable, although some volatility remains parti$￿[arlY the availability of grants. The Trustees are mindfvl of the need to balan￿ th6 h81p offered to clients and to build sufficient reserves to protsct tr charity from ino)me volatility. TnBtees consider that the Eevel of fundlng necessary to prot8ct th8 charity from the risk of Income volatility is at least 6 months of Costs. They take th8 view that at least 50Yo of Income is stable and thé balan￿ would need to come from reserves. Imh annual costs in the region of £5fy)k (based on the final quarter of 2023r24) arKI income in the.last year of £465k, to cover £250k ofcosts woukl requir8 £135k of reseNes in addition to £11Sk of income. ReseN8S at the balance she8t date were £100k and Trustees are working to bjlld reserves over the next few yéars and continue to explore ways of réducing the charity's dèpenden￿ on volatile foms of In￿Me and incr8aslng more reliable funding for its servicés. STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng document Thé charity is govemed by its govemin9 document, its memorandum and a¢tcles of association dated 19th May 2015 as amended by special resolution registered at Companles House on 5th S8Ptember 2015. The charity constitutes a lim¢ted company, limited by guarantee, as defined by the Companies Act 2CKI6. Recruitment and appointment of new tntstsos At each annual general meeting one third'ofthe trustees must retir8 from offi￿. The charity may by ordinary resolution appoint a Ferson who is willing to act to be a trustee. REFERENCE AND ADMINISTRATIVE DEfAILS Reglstered Company number 09598558 {EnglaThJ and Wales) Reglsterod Charity number 1169055 Registered officè 49 Church Street. Msidstone Kent ME14 1DS Tntstees Mrs B J Gibb$ Trustee (resigned 16.8.23) Mrs A M sId￿lI Trustee (resigned 24.2.25) Mtss J C Anson Trustee Mrs K V James Trustee Mr J G A Myles Tn￿le@ Independent Examlner Allan M Reid FCA McLean Reid Chartered Accountants 1 Forstal Road Aylesford Kent ME20 7AU Page 4 A Diffe o Pjlaidston iste mber: 095 ortofth stees forth• Year ded31M This report has been prepared in accordan￿ wth the special prowsions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of truste8s on 27 February 2025 arKI signed on its behalf by: Mr J G A Myles- Trustee Page 5 ort to the Trustees of ronee To Maidstone Independent examlneffs report to the tntsteés of Maklng A Dlfference To Maldstone (lhe Company,) I report to the charity trustees on my éxamination of the accounts oflhe Company for the year ended 31 May 2024. Re8ponslbllltle8 and basis of report As the charilys trustees of the Company (and also its directors for the purposes of company law) you arè responslble for the preparation ofthe accounts In accordan￿ with the requirements of the Companies Act 2006 Cthe 20C6 Acf). Having satisfied myself that the accounts of thé Company are not required to be audited under Part 16 of Ihe 20C6 Act and are eligibie for ind8p8ndént examination, I report in réspect of my examination ,of your chadtys accounts as carried out under Section 145 of thé Charities Act 2011 {Ihe 2011 Acfl. In carying out my examinatton I have followed the Directtons giv8n by the Charity Commisslon under Section 14515) (b) of the 2011 Aci Independent examinerfs 8tstemont sin￿ your tharity's gr￿ income exceed6d £250,000 your examiner must bé a member of a listed body. I can confimi that l am qualified to undertake Ihe examination because l am a member of the Institute of Chartered Accountants In England and Wales, which is one ofthe listed bodies. I have completed my examination. I confim that no matters have come to my attention in connection with the examination gfving me cause to t*lieve: accounting r8cords were not kept in ras￿Ct of the Company as r8quiEd by Section 386 ofthe 2006 Act or the accounts do not accord with those records.. or th6 accounts do not comply with the accountlng requirements of Section 396 of the 20C6 Act other than any requirement that the accounts glve a true and fair ￿ whith is not a matter considered as part of an inWendeiit examinatlon; or th8 accounts have not ￿en prepared in accordance with the methods and principles of thé Ststement of Recommended Practi1% for accounting and reporting by charities (appllcable to charities pr6parfng their accounts in accorrjance with the Financial R8POrting Standard appllcable in the UK and Republic of Ireland {FRS 102)). I have no concerns and have comè across no other matters in connection wth the examination to which attention shoutd e drawn in this report in order to 8nabie a proper understanding of the accounts to be reached. Allan M Reid FCA McLean Reid Chartered Accountants 1 Forstsi Road Aylesford Kent ME20 7AU 28 February 2025 Page 6 akln rA To Mai tatement of Fi cial Activiti for the Y nded 31 2024 Total funds 2023 Total funds Unrestricted fiJThJ Restricted fijnds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 45,318 160.848 206,166 99,364 Other trading activitses Investment income 257,451 1,520 257,451 1,520 208,579 181 Total 304,289 160.848 465,137 308,124 EXPENDrruRE ON Raising funds 148,540 47.599 196,139 178,974 Charitable activitles Administration Outreach expsndiiure 145,249 5,298 101,059 3,049 246.308 8,347 152,209 7,070 Total 299,087 151,707 450,794 338,253 NET INCOMEI(EXPENDITURE) Transfers between funds 5,202 4,979 9,141 {4.979) 14,343 (30,129) 13 Net movement In funds 10,181 4,162 14,343 130,129) RECONCILIATION OF FUNDS Total funds brought fornvard 37,210 47.080 84,290 114,419 TOTAL FUNDS CARRIED FORWARD 47,391 51,242 98,633 84,2 The notes fomi part ofthe5e financial ststements Page 7 akln ADI o Maldstone red number: 09 Balan Ma 2024 Totsl funds 2023 Total fijnds Unrestricted fund Restricted funds Notés FIXED ASSETS Tangible assats 16,874 21,430 38,304 40,505 CURRENT ASSETS Debtors Cash at bank and In hand 10 14,511 49,512 14,511 79,697 14,720 57,764 30,185 64,023 30,185 94,208 72,484 CREDITORS Amounts falllng due withln one year 11 (33,504) (375) {33,879) (28,699) NEf CURRENT ASSETS 30,519 29,810 60,329 43,785 TOTAL ASSETS LESS CURRENT LIABILITIES 47,393 51,240 98,633 84,2KI NEf ASSETS 47,393 51,240 98,633 84,290 FUNDS Unrestricted funds Restricted funds 13 47,393 51,240 37,210 47,080 TOTAL FUNDS 98,633 84,290 The chadtable company 18 entitled to exemptlon from audlt under Section 477 of the Companies Act 20(X8 for the year ended 31 May 2024. The members hav8 not requir•J the company to obtaln an audlt of It8 financlal statements for the year ended 31 May 2024 in accordano with Sectlon 476 of th8 Compani88 Act 2006. The trustees ad