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2023-03-31-accounts

Trustees			Graeme Carrick
			Kay Carrick
			Lisa Carrick
			Michael Carrick
			David Giess
			Joanna Tongue
			Nicholas White
			Paul Rao
Charity number			1172488
Company	number		10626751
Registered		office	Brabners LLP, 9th	Floor
			100Barbirolli Square
			Manchester
			M2 3AB
Independent		examiner	Mitchell Charlesworth		(Audit) Limited
			3rd Floor
			44 Peter Street
			Manchester
			M2 SGP
Bankers			Arbuthnot Latham	gi Co Limited
			Arbuthnot House
			7Wilson Street
			London
			EC2M 2SN

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

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
			Notes	6	8
Income from:
Donations and	legacies			10,475	23,62&
Charitable activities				116,613	34,619
Investments				23,595	26,949
Totalincome				150,683	85,196
E~Ch
Raising funds			5	82,071	11,681
Charitable activities			6	174,773	134,024
Total expenditure				256,844	145,705
Net gains/(losses)		on investments	11	(88,039)	35,230
Net movement	in	funds		(194,200)	(25,279]
Fund balances	at	1April 2022		1,217,248	1,242,527
Fund balances	at	31March 2023		1,023,048	1,217,248

								2023	2D22	2D22
								6	8
Fined assets
Irwestments									973,681		1,074,190
Currant assetS
Debtors								4,90D
Cash at bank		and in	hand				157,845		183.159
							162,745		163,1.59
Creditonn amounts			falling due within one
year						16	(113.378)		il20,201l
Net cunent	assets								49,367		143,DSS
Total assets	less currant			liabilities					1,023,04S		1,217,248
Income funds
Unrestricted		funds
Designated	funds					18	851,000		851,000
G en em i unrestricted			funds				172,048		366,248
									1,023,048		1,217,248
									1,023,048		1,217,248
The company		isentitled		tothe exemptmn	from	the audit	requirement	contained	in secdon 477ofthe Companies	Act	2006, for
the year ended 31March				2D23.

				2023		2022
			Notes	f		f
Cash flows from operating	activities
Cash absorbed by operations			23		(41,379)		(140,198)
Investing activities
Purchase of investments				(403,945)		(275,455)
Proceeds on disposal of investments				416,415		263,993
investment income received				23,595		26,949
Net cash generated from	investing	activities			36,065		15,487
Net cash used in financing	activities
Net decrease in cash and	cash equivalents				(5,314)		(124,711)
Cash and cash equivalents	at beginning ofyear				163,159		221,790
Cash and cash equivalents	at end ofyear				157,845		163,159

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			6	6
	Donations	and gifts	10,475	23,628
3	Charitable	activities

2023	2022
6	6
116,613	34,619


	Other fundraising	activities	116,613	34,619
4	Investments
			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			6	6
	Income from listed	investments	23,267	26,854
	Interest receivable		328	95
			23,595	26,949

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			6	6
fundraisin	and	ublicit
Raising funds			82,071	11,681
			82,071	11,681

6	Charitable	activities	activities
					Charitable	Charitable
					activities	activities
					2023	2022
					6	6
	Grant funding		of activities (see note 7)		103,483	85,500
	Share of support costs (see note 8)				55,080	26,571
	Share of governance			costs (see note 8)	16,210	21,953
					174,773	134,024

			Charitable	Charitable
			activities	act Iv It Ias
			2023	2022
			6	6
Grants to	institutions:
Manchester		United Foundation	43,900	33,000
Vyagsend	Boys Club		37,916	17,500
Newcastle		United Foundation	21,667	35,000
			103,483	85,500

8	Supportcosts	Supportcosts	Supportcosts
					Support costs	Governance	2023	Support costs	Governance	2022
						costs			costs
	Consultancy		fees		55,080		55,080	26,571		26,571
	Legal and	professional							1,179	1,179
	Investment		management
	fees					11,015	11,015		15,391	15,391
	Independent		examiners'	fee		5,195	5,195		5,383	5,383
					55,080	16,210	71,290	26,571	21,953	48,524
	Analysed	between
	Charitable	activities			55,080	16,210	71,290	26,571	21,953	48,524

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			E	E
Revaluation	of	investments	(83,533)	4,063
Gain/(lass)	on	sale of investments	(4,506)	31,167
			(88,039)	35,230

				ListedCash	in portfolio	Other	Total
				investments		investments
				E
Cast or valuation
At 1April 2022				1,064,411	9,778		1,074,190
Additions				403,945			403,945
Valuation changes				(83,533)			(83,533]
Movement	in cash				31,043		31,043
Disposals				(451,962)			(451,962]
At 31March	2023			932,861	40,821		973,683
Carrying amount
At 31March	2023			932,861	40,821	1	973,683
At 31March	2022			1,064,411	9,778	1	1,074,190
						2023	2022
Other investments		comprise.	'		Notes	E	E
Investments	in subsidiaries				21

Financial	instruments	instruments				2023	2022
						E	E
Carrying	amount	offinancial	assets
Debt instruments		measured	at amortised	cost
Equity instruments		measured	at cost less	impairment		40,821	9,778
Instruments measured at fair value through					profit or loss	932,859	1,064,411
Carrying	amount	offinancial	liabilities
Measured	at amortised cost					113,378	20,101
Debtors
						2023	2022
Amounts	falling due within		one year:			E	E
Prepayments and		accrued income				4,900

				2023	2022
				8	8
Trade creditors				72,194
Amounts	owed to subsidiary		undertakings	1	1
Accruals	and deferred	income		41,183	20,100
				113,378	20,101

					Movement	in funds			Movement in funds	Movement in funds	Movement in funds
			Balance at	Incoming	Resources	Transfers	Revaluations,	Balance at	Incoming	Resources	Revaluations,	Balance at
			1Aprn 2021	resour«es	expended		gains and losses	1April 2B22	resources	expended	gains and losses	31March 2023
			6		6	6	6	6		6	6
General unrestricted		fund	336,027	85,196	(145,705)	55,500	35,23D	366,248	150,683	(256,844)	(88,039)	172,048
Designated	fund		906,500			(55,500)		851,00D				851,0DD
			1,242,527	85,196	(145,705)		35,230	1,217,248	150,683	(256,844)	(88,039)	1,023,048

									Movement	in
									funds
						Balance at	Tmnsters	Balance at	Incoming		Balance at
					1	April 2021		1April 2022	resources		31March 2023
						f.		f
Designated	for	future	known	spend		906,500	(55,500(	851,000			851,000
						906,500	(55,500)	851,000			851,000

Analysis ofnet assets between funds
		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		f	f
Fund balances at 31March 2023 are represented	by:
Investments		973,681	1,074,190
Current assets/(liabilities]		49,367	143,058
		1,023,048	1,217,248

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

23	Cash generated from operations	Cash generated from operations		2023	2022
				E	E
	Deficit for the year			(194,200)	(25,279]
	Adjustments for:
	Investment income recognised	in statement	of financial activities	(23,595]	(26,949]
	Loss/(gain) on disposal ofinvestments			4,506	(31,167]
	Fair value gains and losses on investments			B3,533	(187,535)
	Movements in working capital:
	(Increase) in debtors			(4,900)
	Increase in creditors			93,277	13,340
	Cash absorbed by operations			(41,379)	(257,590]
24	Analysis ofchanges in net funds
	The charity had no debt during	the year.