2023-03-31-accounts

Registered Charity Number: 1170137

Report of the Trustees and Unaudited Financial Statements for the year ended 31[st] March 2023

4M UK NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

	Page
Report of the Trustees	2 to 3
Independent Examiner's Report	4
Statement of Financial Activities	5
Statement of Financial position	6
Notes to the Financial Statements	7 to 10
Detailed Statement of Financial Activities	11

1

4M UK

NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2015).

Objectives and Activities

4M is a worldwide movement of men - a band of brothers - it's a group of ordinary people living extraordinary lives. Our values are built on Faith, Brotherhood, Adventure & Justice. And we want men everywhere to throw all they have into mind, body & soul adventures that will impact them and their world forever.

An XCC is a mind, body and soul adventure - an active and challenging endurance event, out in the wild. The XCC is set up like one endless day; for 72 hours men are confronted with significant physical challenges, deep comradery and profound moments of moral and spiritual input. Through the XCC process, you can find perspective; evaluate who you are and find a purpose worth living for

Public benefit

The Trustees have considered the Charity Commission guidance on public benefit and consider that the activities of the charity meet its charitable objectives and provide a benefit to the public.

Achievement and performance

The activities in the year were 5 XCC events and 1 Arise UK event as follows; April 22 – XCC in Scotland. We had 124 participants. May 22 – XCC in Dartmoor. We had 47 participants. May 22 – Arise UK in Dartmoor (run concurrently with XCC). We had 54 participants. Oct 22 – XCC Wales. We had 118 participants. Nov 22 – XCC Dartmoor. We had 30 participants. Mar 23 – XCC England. We had 57 participants.

Recruitment has been varied this year as we grow out of the uncertainty of COVID and into less committed times. We continue to rely on word of mouth, social media, the website and the group fire nights that are held all over the country to promote our message. There is no doubt that the XCC events are still incredibly impactful: the feedback is consistently high and some of the comments are stunning.

Future plans

We have a vision to see EVERY person in the UK offered an XCC place if they need one. This will need full events as well as higher recruitment and donor income to support the funding of places for those who can’t afford it. To get there, we are ready if needed to grow the number of XCC events. The new location in March can hold many more guys so there is capacity to grow in that direction.

We’d like to specially note our thanks to our donors for their support this year, and the many volunteers who help on our events.

Financial review

4M UK's income is made up primarily from donations and event fees. Donations, including funds reclaimed under the Gift Aid system were £136,584 (2022: £111,945). Income from charitable activities such as events and book sales were £80,902 (2022: £80,629).

Many thanks to everyone who has given generously throughout the year and to those who have organised and helped with fundraising activities.

There was a surplus at the year-end of £12,703 (2022: £31,089) after expenses totalling £205,005 (2022: £175,829)

Reserves policy

The policy of the organisation is to maintain three months running costs as reserves wherever possible. This reflects the concern of the trustees that they should maintain sufficient reserves to meet any unforeseen circumstances and in particular, to meet the organisation's obligations, in the event that the charity has to be wound up.

The year-end level of reserves is lower than the trustees would like. They are aware of the situation and are looking to build reserves in future years by organising larger numbers to attended XCC events. The charity received a sizable donation after the year end which has now enabled the charity to meet its reserves policy.

2

4M UK

NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

Structure, Governance and Management

Governing document

The charity is controlled by its governing document, a constitution, and is a Charitable Incorporated Organisation (CIO) registered on 11[th] November 2016.

Recruitment and appointment of new trustees

All the trustees are already familiar with the practical work of the charity. Any new trustees will be invited and encouraged to attend training sessions to familiarise themselves with the charity and the context within which it operates.

All of the trustees give their time voluntarily and received no benefits from the charity. All payments made to related parties of the directors and key management are shown as a note to the accounts.

Induction and training of new trustees

New trustees are given an orientation pack, which briefs them on a trustee's legal obligations under charity law, the content of the governing document, the committee and decision-making process, and the most recent accounts and Annual Report.

Reference and Administration Details Registered name

4M UK (Working names: 4M; The 4[th] Musketeer) Registered Charity number 1170137

Principal address

16 Barwick Close Littlehampton West Sussex BN16 3TT

Trustees

Name Position Appointments/Resignations J Ray Chair J Skeates B Jacob

Independent Examiner

Magnus Proctor FFA Lindisfarne, Landkey Road Barnstaple, EX32 9BW

Approved by the board of trustees on 2023 and signed on its behalf by:

Jacr

Jacr (Sep 26, 2023 09:43 GMT+1) ............................................. J Ray, Chair

3

4M UK

NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

Independent examiner's report to the trustees of 4M UK

I report to the charity trustees on my examination of the accounts of 4M UK (the Trust) for the year ended 31[st] March 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Signed:

Magnus Proctor FFA Institute of Financial Accountants Lindisfarne Landkey Road Barnstaple Devon EX32 9BW

Date: 12[th] September 2023

4

4M UK

NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

STATEMENT OF FINANCIAL ACTIVITIES for the Year ended 31 March 2023

Notes Income and Endowments Donations and legacies 2 Charitable activities 3 Investment income 4 Other income – Government grant Total Incoming Resources Expenditure Charitable activities Total Resources Expended Net Incoming / (Outgoing) resources Reconciliation of Funds Total Funds brought forward Total Funds carried forward	2023 2022 Unrestricted funds Restricted funds Total Total £ £ £ £ 136,584 0 136,584 111,945 80,902 0 80,902 80,629 222 0 222 4 0 0 0 14,340
	217,708 0 217,708 206,918
	205,005 0 205,005 175,829
	205,005 0 205,005 175,829
	12,703 0 12,703 31,089 47,933 0 47,933 16,844
	60,636 0 60,636 47,933

5

4M UK

NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

STATEMENT OF FINANCIAL POSITION At 31 March 2023

Notes Fixed Assets Tangible assets 7 Current Assets Stocks Debtors 8 Cash at bank Current Liabilities Amounts falling due within one year 9 Current Assets less Current Liabilities Total Assets less Current Liabilities Funds Charity Funds 10	2023 2022 Unrestricted funds Restricted funds Total Total £ £ £ £ 3,123 0 3,123 3,064 2,802 0 2,802 286 11,342 0 11,342 17,921 74,827 0 74,827 79,468
	88,971 0 88,971 97,675 (31,458) 0 (31,458) (52,806)
	57,513 0 57,513 44,869
	60,636 0 60,636 47,933
	60,636 0 60,636 47,933

The financial statements were approved by the Board of Trustees on 2023 and were signed on its behalf by:

Jacr

Jacr (Sep 26, 2023 09:43 GMT+1) ............................................. J Ray, Chair

6

4M UK

NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

1. Accounting Policies

Basis of preparing the financial statements and assessment of going concern

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The trustees refer you to Note 14 Post Balance Sheet Event and the Trustees Annual Report concerning uncertainties about the charity's ability to continue as a going concern.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

33% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.

Creditors

Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

7

4M UK

NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

2. Donations and Legacies

Donations Gift Aid receivable Charitable Activities Fees Sale of merchandise Investment income Interest received Expenditure on charitable activities The operation of 4M UK Support costs Analysis of support costs Independent examiner Management and accountancy fees Bank charges Office and IT costs Insurance	2023 2022 £ £ 117,021 102,256 19,563 9,689
	136,584 111,945
	2023 2022 £ £ 71,778 80,292 9,124 337
	80,902 80,629
	2023 2022 £ £ 222 4
	222 4
	2023 2022 £ £ 178,130 149,030 26,875 26,799
	2005,005 175,829
	2023 2022 £ £ 500 500 14,891 13,118 1,911 2,316 5,793 6,731 3,781 4,134
	26,875 26,799

3. Charitable Activities

4. Investment income

5. Expenditure on charitable activities

6. Analysis of support costs

7. Employee’s Remuneration and Benefits

Employee’s Remuneration and Benefits
Employee’s salaries Employee's social security Pension costs	2023 2022 £ £ 120,155 107,712 6,368 6,118 2,270 2,101
	128,793 115,931

Trustees’ expenses

There were no trustees' expenses paid for the period ended 31 March 2022.

Key management

The trustees consider the Key Management to be the position of the Trustees; the remuneration of which is disclosed above.

8

4M UK NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

8. Staff costs The average monthly number of employees during the period was as follows: No employees received emoluments in excess of £60,000. 9. Tangible fixed Assets Cost Cost brought forward Additions Total cost carried forward Depreciation Depreciation brought forward Charge for year Total depreciation carried forward Net Book Value At 31 March 2023 At 31 March 2022 10. Debtors Trade debtors Prepayments and accrued income Other debtors 11. Creditors: amounts falling due within one year Trade creditors Taxation and social security Accruals and deferred income	2023 2022 No. No. 5 5 Equipment Total £ 10,972 10,972 1,366 1,366 12,338 12,338 7,908 7,908 1,307 1,307 9,215 9,215 3,123 3,123 3,064 3,064 2023 2022 £ £ 1,342 669 4,522 10,314 5,478 6,938
	11,342 17,921
	2023 2022 £ £ 2,585 5,097 2,630 97 26,243 47,612 31,458 52,806

9

4M UK

NOTES TO THE FINANCIAL STATEMENTS for the Year ended 31 March 2023

12. Movement in Funds Unrestricted Funds

12. Movement in Funds Unrestricted Funds
General Fund Global Support Fund Total Funds Unrestricted Funds General Fund Global Support Fund Total Funds	Balance Income Expenditure Transfers Balance 1st April 2022 31st March 2023 40,425 217,708 (205,005) 53,128 7,508 0 (0) 7,508
	47,933 217,708 (205,005) 0 60,636
	Balance Income Expenditure Transfers Balance 1st April 2021 31st March 2022 9,336 206,918 (175,829) 40, 425 7,508 0 (0) 7,508
	16,844 206,918 (175,829) 0 47,933

The Global Support Fund is money to support the global mission of 4M

13. Related Party Disclosures

E Ray, wife of trustee, J Ray (Trustee) received a salary of £16,200 during the year. (2022: £16,200)

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4M UK

The following pages do not form part of the Financial Statements

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

STATEMENT OF FINANCIAL ACTIVITIES
Income and endowments Donations and legacies Donations Gift Aid received Total income from donations and legacies Charitable activities Fees Sale of merchandise Total income from charitable activities Investment income Interest received Total income from investment income Other Income – Government Grant Total incoming resources Expenditure Charitable activities Materials for XCC Venue Hire Equipment hire Food and drink for XCC Coach hire and transportation Parking facility Merchandise Contributions (NL) Advertising and marketing Entertainment Salaries Employers’ national insurance costs Pension costs Telephone and internet Travel Mileage Depreciation Total expenditure on charitable activities Support costs Independent examiner Management and accountancy fees Bank charges Office and IT costs Insurance Total support costs Total resources expended Net incoming/(outgoing) resources	2023 2022 £ £ 117,021 102,256 19,563 9,689
	136,584 111,945 71,778 80,292 9,124 337
	80,902 80,629 222 4
	222 4
	0 14,340
	217,708 206,918
	7,499 3,896 660 360 324 133 10,860 9,861 950 1,591 0 5 14,290 154 4,305 4,331 5,603 12,331 564 (2,957) 120,155 107,712 6,368 6,118 2,270 2,101 722 1,177 1,778 618 475 150 1,307 1,449
	178,130 149,030 500 500 14,890 13,118 1,911 2,316 5,793 6,731 3,781 4,134
	26,875 26,799 205,005 175,829
	12,703 31,089

11

4M UK 2023 TAR and Accounts - FINAL[25]

Final Audit Report 2023-09-26

Created: 2023-09-25 By: Paulina Rosmiarek ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAYlmWXka7B-eEb0a5mLmAQL839MhbMvvJ

"4M UK 2023 TAR and Accounts - FINAL[25]" History

Document created by Paulina Rosmiarek ([e-mail]) 2023-09-25 - 16:59:06 GMT

Document emailed to [e-mail] for signature

2023-09-25 - 17:00:26 GMT

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2023-09-26 - 08:43:12 GMT

Signer [e-mail] entered name at signing as Jacr

2023-09-26 - 08:43:31 GMT

Document e-signed by Jacr ([e-mail])

Signature Date: 2023-09-26 - 08:43:33 GMT - Time Source: server

Agreement completed.

2023-09-26 - 08:43:33 GMT