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|Trustees|||Graeme Carrick|Graeme Carrick|||||
|---|---|---|---|---|---|---|---|---|
||||Kay Carrick||||||
||||Lisa Carrick||||||
||||Michael Carrick||||||
||||David Giess||||||
||||lan Hopkins||||||
||||Joanna Tongue||||||
||||Nicholas White||||||
||||Paul Rao|||||(Appointed 9August 2021)|
|Charity number|||1172488||||||
|Company|number||10626751||||||
|Registered||office|10-12Mulberry||Green||||
||||Harlow||||||
||||Essex||||||
||||CM17 OET||||||
|independent||examiner|Mitchell Charlesworth||||(Audit) Limited||
||||3rd Floor||||||
||||44 Peter Street||||||
||||Manchester||||||
||||M2 SGP||||||
|Bankers|||Arbuthnot|Latham||lk Co Limited|||
||||Arbuthnot|I-louse|||||
||||7Wilson Street||||||
||||London||||||
||||EC2M 2SN||||||





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||||Page|
|---|---|---|---|
|Trustees'<br>report|||1-3|
|Independent|examiner's|report||
|Statement of|financial activities|||
|Balance sheet||||
|Statement of|cash flows|||
|Nates tothe financial statements|||8-17|





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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
||||Notes|6||
|Income from:||||||
|Donations<br>and|legacies|||23,628|20,891|
|Charitable<br>activities||||34,619|9,491|
|Investments||||26,949|26,647|
|Totalincome||||85,196|57,029|
|~Cht||||||
|Raising funds|||5|11,681|1,445|
|Charitable<br>activities|||6|134,024|184,610|
|Total expenditure||||145,705|186,055|
|Net gains/(losses)||on investments||35,230|180,879|
|Net movement|in|funds||(25,279)|51,853|
|Fund balances|at|1April 2021||1,242,527|1,190,674|
|Fund balances|at|31March 2022||1,217,248|1,242,527|





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|||||2022||2D21||
|---|---|---|---|---|---|---|---|
|||||8||8||
|Fined assets||||||||
|Investments|||||1,D74,190||1,027,498|
|Current assetS||||||||
|Cash at bank and in||hand||163,159||221,79D||
|Creditors: amounts||faglng due wfthln one||||||
|year|||15|(20,101)||I6,762)||
|Net current|assets||||143,058||215,029|
|Total assets|less current gablgttes||||i.,217,248||1.242,527|
|Income funds||||||||
|Unrestricted|funds|||||||
|Designated|funds||17|851,000||||
|General<br>unrestricted||funds||366,248||336,027||
||||||1,217,248||1,242,527|
||||||1,217,248||1,242,527|





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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|f||f||
|Cash flows from operating|activities|||||||
|Cash absorbed<br>by operations|||22||(74,118)||(140,198)|
|Investing activities||||||||
|Purchase of investments||||(275,455)||(543,283)||
|Proceeds on disposal of investments||||263,993||557,736||
|investment<br>income received||||26,949||26,647||
|Net cash generated<br>from|investing|activities|||15,487||41,100|
|Net cash used in financing|activities|||||||
|Net decrease in cash and|cash equivalents||||(58,631)||(99,09S)|
|Cash and cash equivalents|at beginning ofyear||||221,790||320,888|
|Cash and cash equivalents|at end ofyear||||163,159||221,790|





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|2|Donations|and legacies|and legacies|||
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2022|2021|
|||||f|f|
||Donations|and gifts||23,628|20,891|
|3|Charitable|activities||||
|||||2022|2021|
|||||f|f|
||Other fundraising||activities|34,619|9,491|
|4|Investments|||||
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2022|2021|
|||||f|f|
||Income from listed||investments|26,854|26,464|
||Interest receivable|||95|183|
|||||26,949|26,647|



|5|Raising funds|Raising funds||||
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2022|2021|
|||||f||
||Fundraisin|and|ublicit|||
||Raising funds|||11,681|1,445|
||||||1,445|





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|6|Charitable|activities|activities||||
|---|---|---|---|---|---|---|
||||||Charitable|Charitable|
||||||activities|activities|
||||||2022|2021|
||||||6|6|
||Grant funding||of activities (see note 7)||85,500|93,578|
||Share of support costs (see note 8)||||26,571|69,731|
||Share of governance|||costs (see note 8)|21,953|21,301|
||||||134,024|184,610|



||||Charitable|Charitable|
|---|---|---|---|---|
||||activities|act Iv It Ias|
||||2022|2021|
||||6|6|
|Grants to|institutions:||||
|Manchester||United Foundation|33,000|15,000|
|Vyallsend|Boys Club||17,500|35,000|
|Newcastle||United Foundation|35,000|35,000|
|Lancashire||Cricket Foundation||8,578|
||||85,500|93,578|





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|8|Supportcosts|Supportcosts|Supportcosts||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Support costs|Governance|2022|Support costs|Governance|2021|
|||||||costs|||costs||
||Consultancy||fees||26,571||26,571|69,731||69,731|
||Accountancy||||||||360|360|
||Legal and|professional||||1,179|1,179||2,104|2,104|
||Investment||management||||||||
||fees|||||15,391|15,391||13,917|13,917|
||Independent||examiners'|fee||5,383|5,383||4,920|4,920|
||||||26,571|21,953|48,524|69,731|21,301|91,032|
||Analysed|between|||||||||
||Charitable|activities|||26,571|21,953|48,524|69,731|21,301|91,032|



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||||Linrestricted|Linrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
||||E|6|
|Revaluation|of|investments|4,063|187,534|
|Gain/(loss)|on|sale of investments|31,167|(6,655]|
||||35,230|180,879|





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|||||ListedCash|in portfolio|Other|Total|
|---|---|---|---|---|---|---|---|
|||||investments||investments||
|||||8||||
|Cost or valuation||||||||
|At 1April 2021||||1,013,166|14,331||1,027,498|
|Additions||||275,455|||275,455|
|Valuation<br>changes||||4,063|||4,063|
|Movement|in cash||||(4,553)||(4,553)|
|Disposals||||(228,273)|||(228,273)|
|At 31March|2022|||1,064,411|9,778||1,074,190|
|Carrying amount||||||||
|At 31March|2022|||1,064,411|9,778|1|1,074,190|
|At 31March|2021|||1,013,166|14,331|1|1,027,498|
|||||||2022|2021|
|Other investments||comprise.|'||Notes|6|6|
|Investments|in subsidiaries||||20|||



|The historic cost ofthe inves|tments<br>is f9|55|,686(2021 - f926,150)|||
|---|---|---|---|---|---|
|Financial instruments||||2022|2021|
|||||6|6|
|Carrying amount offinancial|assets|||||
|Debt instruments<br>measured|at amortised|cost||||
|Equity instruments<br>measured|at cost less|impairment||9,778|14,331|
|Instruments<br>measured<br>at fair value through|||profit or loss|1,064,411|1,013,166|
|Carrying amount offinancial|liabilities|||||
|Measured<br>at amortised cost||||20,101|6,761|



## 



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|||||2022|2021|
|---|---|---|---|---|---|
|||||6|6|
|Trade creditors|||||600|
|Amounts|owed to subsidiary||undertakings|1|1|
|Accruals|and deferred|income||20,100|6,160|
|||||20,101|6,761|





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|||||Movement|in funds||||Movement|in funds|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Transfen|Revaluatiuns,|Balance at|Incoming|Resources|Transfem|Revaluations,|Balance at|
|||1Aprn 2020|resources|expended||gains and losses|1April 2021|resources|expended||gaina and lOSSeS|31MarCh 2022|
|||6||6|6|6|6||6|6|6|6|
|General|||||||||||||
|unrestricted|fund|248,174|57,029|(186,055)|36,000|180,879|336,027|85,196|(145,705)|55,500|35,230|366,248|
|Designated|fund|942,500|||(36,000)||906,500|||(55,500)||851,000|
|||1,190,674|57,029|(186,055)||180,879|1,242,527|85,196|(145,705)||35,230|1,217,248|





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|||||||Balance at|Transfers|Balance at|Transfers|Balance at|
|---|---|---|---|---|---|---|---|---|---|---|
||||||1|April 2020||1April 2021||31March 2022|
|||||||E||E|||
|Designated|for|future|known|spend||942,500|(36,000)|906,500|I55,500)|851,0DO|
|||||||942,500|)36,000)|906,500|I55,500)|851,000|



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|Analysis ofnet assets between funds||||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2022|2021|
|||E||
|Fund balances at 31March 2022 are represented|by:|||
|Investments||1,074,190|1,027,498|
|Current assets/(liabilities)||143,058|215,029|
|||1,217,248|1,242,527|



## 

## 

|Name of undertaking|Registered|Nature of business|Class of|TS Held|TS Held|
|---|---|---|---|---|---|
||office||shares held|Direct|Indirect|
|MCF Trading 2017 Limited|England &Wales|Dormant|Ordinary|100.00||





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|22|Cash generated|from operations|from operations|from operations||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||6|6|
||(Defidit]/surpus|for|the year|||(25,279]|51,853|
||Adjustments<br>for:|||||||
||Investment<br>income||recognised|in statement|of financial activities|(26,949)|(26,647]|
||(Gain)/loss<br>on|disposal of investments||||(31,167)|6,655|
||Fair value gains|and|losses on investments|||(4,063)|(187,535]|
||Movements<br>in|working capital:||||||
||(Increase)/decrease||in debtors||||15,000|
||Increase<br>in creditors|||||13,340|476|
||Cash absorbed|by operations||||(74,118)|(140,198]|