Charlty re8I5tratlon number 1172488 (England and Wale51
Company registration nuMts￿ 10626751
MICHAEL CARRICK FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

MICHAEL CARRICK FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Graeme Carrick
Kay C3rriÉk
Michael Carrick
Joanna Tongue
Nichola5 White
Paul Rao
2ilah Chaudhry
Charlty number IEngland and Walesl
1172468
Company nufflber
10626751
R•g151•r•d offic•
Brabners LLP, 9th Floor
too Baibiiolli square
Manchester
M2 3AB
lthdip•rndènt txamlnèr
Mitchell Charlèsworth (Auditl Limited
3rd Flocir
44 PEter Street
Manchester
M2 5GP
gank•rs
Arbuthnot Latham & Co Limltéd
Arbuthnot House
7 Wi150n Street
London
EC2M 2SN

MICHAEL CARRICK FOUNDATION
CONTENTS
Pase
Trustees, report
Independent e¥aminer's iepDrt
srat*ment of linanclal actlvities
Balante she
Slatement ol c3sh flows
NDtes io the financial starements
4-17

MICHAEL CARRICK FOUNDATION
TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual rewrt and financial 5tatement5 for the year ended 11 March 2025.
The financial statement5 have been prepared in accardance with the accounting policies set out in note I to the financial statements
and cornply wiih the chariiy's governin8 document, the Companies Act 2006 and "Accounting 8nd Reportin8 by Charities.. Staiemeni
¢1 Recornrn@nd@d Practice applicable to charities preparin6 their accounts in accordance with the Financial Reportin8 Standard
applicable in the UK and Republic of Ireland IFRS 1021 leffectiwe l January 20191"
Oblectlves and activltSe5
The charity'5 objective5 include..
the applicatlon ol Income for the benefit of su£h charltablÈ purposÈs as the trustees may from time tD time determlnÈ and
for t￿è b*nefit otehildrtn supporrlng prlects that énabl• thèm to lulfil Ihtir potèntial in an environment that they t•tl saf•,
valued and Inspired to achieve,. and
• To promote all olher purposes reco8ni5ed as charitable under the law ol England and IVale5 to the benellt ol the general
public as the tru51ees shall frorn time to tiffle determloe.
The trustees tonflrm that they have referred to the guldance contalned In the Chèrlty Commlsslon's general Éuldance on Publlc
Benefil when reviewing the charity's ?Ims and otyectives and In plannin8 future actlviiies.
The trustees have pald due regard toguldancelssued by the Charlty Commi$5ion de¢idin8 what 4¢tlvltle5 Ihe charlty should
undertake.
Achlevements and performan¢e
Our purpose is to help Y￿jn8 peopl? reèch their lull potential by providing sale, supportive envIr￿MentS where they can thrive.
Ihese environments are the platlorrn which enable the Foundation to deliver opportunities that allow these youn85ters to feel
heard, valued, and Insplred to achleve thelr full p)rential.
Now in it5 eighth year, the Eharity Ecntinue5 to deliver a wide ranEe of aElivitie5 both an Dlf the pitrh, designed to fflotivate and
Inspire. We place particular focu5 on those living in di5advanta8ed areas ol Greaier M3nchester and the North East, where the need
for positive intervention is greatest.
By partnerlng wlth experenced delivery organisaiions, being Manchester United Foundarion and Wallsend Sporting Club, we ensure
cur work is impactful, 5UStainablp, and efficient, maxirni5inE the benefit lor the comrnunities we 5eive.
Alongside our core pro8rarnmes, over the past year, we have run numerous extra.curilcular activltles, We've assisted school hollday
camp5, dlstributed Back-to-school Packs 3nd contlnued to deliver boots to those In need vla our lonB-stsndln8 Carrick'5 Boot Room
We have offered young people enrichin8 experiences ran8in8 Irotn 5url le550n5 and paintballin8 to educational opportunitie5 such a5
Manchester Unired Foundation's Youth Voice Social action workshops. Selected Carrick'5 Street Reds parricipants also had rhe
incrÈdible opporrunliy tovisit Germany to attendthe Munich Alr Dlsaster memorial servlte in February.
These initiltiwes not onlygive pirti¢ipant5 acces5 to positivei Jale activitie5, but also help them to develop Confidence, resilience, and
aspirations lol the future,

MICHAEL CARRICK FOUNDATION
TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Flnantial ieview
Durina the year, incomirig resources raised amounted to £346,97912024.. É100.62gi. Resources expended on the acti4ities of the
charitable company, includin8 the cost of raising funds, amounred to £31￿,?0412024.. £159,526]. The closingfund balance is £1,036.
96112024.. 11,IK)2,08812nd wlll be LJtillsÈd in the ftsture for funding chari-ablÈ ewenis and maklng further donations.

MICHAEL CARRICK FOUNDATION
TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Reserves pollcv
The charity has designatèd funds to tover tommiiÈd future spend.
Based on the charity'5 current and future Dperating costs. the present value ol it5 ifjve5trnent5 and the challenging environment in
tArrn5 of charitable fundraisin8 as a result of the rost of living crisis. the Trustees consider it prudent to hold unrestricted reserves in
the 5urn of £50,000. These reserves are Intended to poteT)tially cover any Shortfall in the tnedium tertn fundin8 plan5 and also cover
the charity's running cos-.s for at least z six month period In the event that Income stream5 were to cease completely. The trustees
not* thai the mAdium and IAnÉ ierm fLindlng r)rnpos81s rarn bp rpronfieiirèd in rh& *vont nf a %iib4tantial shortfall but the trijstegs.
ew is that reserves of £50,OCQ should enable the Charit¥ to fulfill it5 plans and a150 funds its general operation should any shortfall
GCCUr.
Th¢ balance held as unrestricted funds at 31 March 2025 was £1,036,96112024.. £1,OOZ,0831 ol which £903,73S12024.. £789,085115
rpsarded as free reserve￿. Within unrestricted reserves is ari arnourbl of £142,ODO12024.. £213,000) which has been desisn3ted fDr
known future spend.
The balance held as restricted funds at 31 March 2025 was ENII12024 £Nill. The charity's policy in respect of resiricted funds Is to
rEcord 52parately Bny donations arid other income received where re5triction5 arE IrnP05ed that are narrower than the Charity'5
cv&rall objeciive5.
As a result of the reserves policy adopted by the trustees, they have a reasonable expÈctation that the Chariiy has adequate
resources to continue In operational existence for the foYe¢eeable future. Accordlngly, they ccx)tinue to adopt the going concern
tasis in preparing the financial statements,
R15k
Ihe prlnclpal rlsks faced by the Charlty Ile In operatlonal rlsk5 from Ineffective grant maklng and the c3pacIty of the Charity to make
effective Érants. The risk 15 niiti8aied by the trustees being involved in the grant makin8 pr¢xess and grants being awarded to
established charities who are required to meet appropri3te financial regulatory requirements.
The Ch?rity wlll continueto make Brants In line with the objectlves ?nd distribute income received.
structure, 8overnan¢e and mana8ement
The chaiity is a compaiiy limited by 8uarantee. The charitable company 15 governed by the Memorandum andArticle5 01 Association
which were laid dov4n at the incorporation of the charitable company on 17 February 2017.
The trustees, who are also the directors for the purpose of cwpany law, and who served during the year and up to the date of
signature of Ihe financial statements were..
Graeme Carrick
Kay C•rrick
Nfjichael Carriik
Joanna Tongue
Nlcholas Whlie
Paul Rao
"lah Chaudh'y

MICHAEL CARRICK FOUNDATION
TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Tru5rees are appointed b¥ the Board Df Trusiees.
None of the irustees hasany beneficial interest In the Lharity. All of the trustees are members of the Lhaniy and guarantee to
contribute £1 in the everst of a winding up.
The trustees consider the board of trustee5 as comprising th2 key mana8ement personnel of the charitable cornpany in char82 of
directing and controlling the charitable company and runninaand operating the charitable company on a day io day basis. All
trustees glve thelriime freely and notrustee remuneration was paid In rhe perlod.
Trustees are required to dlsclost all relevant Snterests and fe8isrer rhem and In accordance with the charitable company's policy
withdraw from decisions where a corfllct of int?r8%l arises.
The trusiees. report Was approved b* the Board of Trustees.
Paul Rao
Trustee
Dated.. 18 November 2025

MICHAEL CARRICK FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MICHAEL CARRICK FOUNDATION
I report to the trustees on my examination of ihefin3ncial statements of Michael Carrick Foundation (the charity) forihe year
ondÈd 31 Marth 2025.
Respon5iblllties and ba515 of report
As the trustees of the charity land al￿ Its dlrectors for the purpose5 Of company lawl, you are responsible for the preparation of
rhe finan¢ial staiements In accordan￿ with ihe reouirementt of the Companles Act 2006.
Havin8 Satisfied myself that the finan¥ial 5tatement5 of the charity are not required ¢D be audited under Part 16 01 the 2006 Act
and are eliBible lor indepèndent examination, I report in resP&Ct of my examination ￿ the charity's financial s-.3ternents carried
cut under section 145 of the Charities Act 2022 Ithe 2012 Acii. In tarrying out my examinatlon I have followed all the appllcable
Directions given by the Charity Comrnission under section J45ISllbl ol the 2022 Act.
Ihdeperndeni examlner'$st¥iement
Since the charity's gross income exceeded £250,000, the independent examlner MUST be a member of a body listed in settion 145
cf the Charities Act 2011.1 confirm that l am qualified lo undertake the e*amlnation because l am a member of ICAEW, which Is
¢ne of the Ilsled bodles.
I have completed my examination. I conflrm that no rnatters have cgme to my attentlon In connection with the examlnation glving
rne rau5e to believe that in any material respect..
accovnrin8 records were not kept In respect ol the tharity as requlred by section 386 01 the Companles Act 2006.
tho finaneial rtatemontsr do not a¢¢oTd witl) thordQ recL>ré:
the finincial 5tatement% do not cornply wlth the acc¢uniinB requlrements of 5ectlon 396 of the Companies Act 2006 other
than any Tequiretnent that the financial 51atefflent5 give 3 true and lair view, which 15 not a ￿￿tter coD5idered a5 part ol an
independent examination., or
the financial statements havÈ not been prepared in accordance with the methods and principles of the Statement ol
Recommendèd Praetieè tar èccouNtlN8 and reptsrtln8 by ehbritiÈs applieèblt t4 tharltiés prepèrirn6 their IINantial statements
in a¢cordan¢e wilh the Financial Reportlng Standard appllcable in the UK and Republic of Ireland IFRS IQ21.
I have no concerns and hive come across no other matters in connection with the examination towhich attention should be
drawn In this report In order to en?ble a proper understandins of the finanelal statements to be reached,
Jamielee Johnston CA
For and behalf of
fjitchell Charle5worth IAuditl Lifflited
44 Peter Street
Manchester
M2 5GP
Dated.. 19 November 2025

MICHAEL CARRICK FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unre5trtcted
Unrestrlcted
funds
funds
202S
2QZ4
Note5
Ih¢ome from..
Donations and le8acies
20,837
300,038
26,104
8,056
61.949
30.624
Investment5
Total in¢ome
346,979
LOO,629
Expendltur• ?n',
Raising fund5
191,972
117,732
13,013
146.513
T¢tal expendiiure
309,704
159,526
Net 8ainsll105sesl on investments
li
12,4021
37,937
Net In¢ome/lexpendlturel and movement In funds
34,873
120,5601
R•conclll•tlon of lundi:
Fund balances at l April 2024
I,LN)2,088
L,023,048
Fund balances at 31 March 2025
1.036,961
1,002,088
The statement of finantial 3ttivltiÈs IncludÈs all gains and lossès recogrtiséd In the year. All Incomè and èxpenditurè dèrive from
ntinuiDg activrtie5.

MICHAEL CARRICK FOUNDATION
BALANCE SHEEr
AS A T 31 MARCH 2025
2025
2024
Noies
Fixed a55et5
Investments
13
889,131
969,599
Curr?nt assets
DebtOTS
15
109.784
46.831
1.202
43,105
Cash at bank and In hand
156,615
18,7851
44,307
111,8181
Credltors.. am0untsfall1￿ due wlthln one year
16
Nèt turrent ass￿$
147,830
32.489
Total a55ets kns current Ilablllt5•5
1,036,961
L,002,088
The funds olthe charltv
Unrestri¢ted funds
17
1,036,961
1,002.088
1.036,961
L,002,088
Ihe company is entitled to the exemption from the audit requiremenr contained in section 477 of the Companies Act 2006. for the year
ended 31 March 2025.
The dir?ctors acknowledge their respDn5ibilities for cornplying with the requirements of the Companies Act 2006 with respect to
accountin8 record5 and the prepararion of financial statemenis.
The membÈrs have not required the company to Jbrain an audit of its financial stètemenrs for the year in question in accordance with
sectlon 41b.
These financial statements have been prepaled in accordance with the provi5ion5 3pplic3ble to companie5 subject to the small
u)mpanies re¢imÈ.
The financlal statements were apprw'ed by tho trustees on 18 November 2025
Paul Rao
Truste•
Company reglstration number lQ626751 (England and Wales)

MICHAEL CARRICK FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash IIow5 from operatlng artlvltles
Cash èbsorbed by operations
24
1100,4441
1187,0921
Investlng aetivitles
Purchase of Investments
Proceeds on dispDsal of investments
Investment income received
1949,6121
983,861
26,104
1219,3231
261,051
30,624
N•t c•sh 8•n•r•i•d from Inv•silni •ulvlil•s
60,353
72.352
Net cash used In flnanrlry a¢tlvl¢ley
P4et decrea5t in tash and cash equivalents
140,0911
1114,7401
Cash and cash equivalents at beglnnlng ol year
43,105
157.845
Cash and ¢a$h equlvalenis at end ol year
46,831
43.105

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ountin8 pollcles
Charfrty informatlon
Michael Carrick Fcrtjndatlon Is 3 priwate company Ilmited by Buarantee Incorpoiated In England and Wale5. The reglstered office Is
Brabners LLP, 9th Floor, 100 Barbirolli 54uare, Manchester, M2 3AB.
Ll Accountlng con¥entlon
The financial statements have been prepared in a¢torlan¢e with the chority's governing documertt, the Ctsmp3nles Att 2006 and
'Accountin8 and Reporting by Charities.. Statement of Recommenthd Practice applicable io charities pieparing theif accounts in
accordance with the Finaniial Reportln8 Sland&rd applicable in the UK and Republic of Ireland IFRS 1021 lellective. January
20191, The charity is a Public 8enefir Entity as defined by FRS 102.
The financial sraternents are prepared in stÈrlinB, which is the functional currency of the charity. Monetary amounts in these
flnanclèl Statements are rounded to the nearest £.
The financial staternents have been prepared under the hi5toriral cost IDnvention. The principal £ccounting policie5 adopted are
set our below,
Ll Goingconc•rh
Ai Ihe lime ol approvin8 the financial 5talementS, the irustees have a ieasonable expeitatlon Ihat Ihe charity has 8deouate
resources to continue in operational existence for the ioreseeable future. Thus the trustee5 continue to adopt the going concern
hasps nt arr.niintin8 In Drpparin8 ihp flnhnr.lal %iarpmpnTg.
L3 Charltable tunds
Unresiricted funds are available for use at rhe discretion of the trustees in furrherance of their charitable objectives.
L4 Income
Income is re¢oEnised when the charity is lezally entitled to it after any performance conditions have been met, the amounts can
be measurèd reliablyj and it 15 probable that incomè will be received,
Cash conatigns are recu8n15ed r)n receipt. Other don¥lions a￿ rec¢8n15ed once the charity h?5 been notified ul the donation.
uNle55 perforinance conditions require deferr21 of tlie amount. Income tax recoverable in relation to donations received under
Gih Ald or deeds of covenant Is rÈcDgnSsed èt the time of the don3110n.
L5 EKpendlture
Lièbilities are reco&nised as SDon as a legal or CDnstructive obligation exists committing the charirable company to pay out
re50urces,- It is probable that the settlement will be required, and the amount of the obllgatlon can be measured reliably. All
expenjiture is accounred for on an accruals basls.
Irrecoverable VAT 15 charged 35 a cost aeain5t the actiNity for whicP, the expenditure wa5 incurred.
Where the charitable company 8lves a grant with condtlons for Its payment being a speclfic level of services or outpvt ro be
provided, such grants are only recognised in the SOFA once the recipient ol the grant has provided the Specified service or output.
These are only reco8n15ed in the accounts when a commitment has been made and there are no condltion5 10 be mei relating to
the grant which remain In the control of the charitable company. The charitable company conslder5 that commitments only ar15e
when 5ufflcient fund5 have been ralsed io fulfll pledge5 tmade.
All expenses involYin8 support Cosis and 8overnance c0515 are allocated or appDrtioned 10 Ihe applicable expendiiure headings.

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Ac¢tsuntln8 policie$
Icontinuedl
L8
Flxed asset Investment5
Fixed a55et inve5tfftent5 are initially n7easured at transaction priee excludinÉ transaction Costs, and are subsequently measured at
fair valup at each reporting dale. Change5 In Flir value arE reioBni5ed in net incorDp/lEXPEndilurEI foT the year. Tran5artiOn f05t5
are expensed as incurred.
A Subsidiary 15 èn entity controlled by the charity, Control is the power tD 8overn the financial and operatln8 policie5 01 the entity
so as tD Dbtain benefit5 from ir5 3Ctivities.
L7 Cash gnd cash equlvalents
Cash and cash eqLJIviilp.nts Include cash in hand, deposits held at call with bank5.
L8
Flnan¢lal Snstryments
The tharity hès elected to apply the provisions OF S¢¢ti>n 11 'Basie Financial In¢truments' and Settion 12'0ther Finantial
In5truments1ssue%' of FRS L02 to all of it5 financlal Instrument5.
Financial instrument5 are recodnised in the charity's balance sheet when rhe charity become5 Pèrty 10 Ihe contractual provisions
of tht Instrument.
Financial assets and liabilitie5 are 0115et, with the net 3mount5 presented in the financial statements, when there 15 a leÈally
enforceable right lo set off thE recognised amount5 and there is an intention to settle on a net basis oi to realise the asset ènd
BoslcJlnonclal#ssets
Basic lirnancial a5set5, which include debtors and cash and bank balances, are initi8lly measuied al transaction price including
transactlon costs and are subseouently c8irled at amoitised cost usinR rhe elfectlve interest method unless rhe 8rrgnRement
consti-.utes a finaKinE transaction, where the tr3n5aCtion is measured at the present value Df the future receipts discounted at a
n)ark•t rate ol Int•rest, Flnandal assets classllied as receivable wlthln one year are not amortlsed.
8oslcllnonclt71 Ilobllltles
Basic linancial liabilities, includinB creditors and bank loans Zre initially recognised at transactlon price unless the airangement
onstl-.uies a fInar￿ing iransattion, where the debt insrrument Is measured at the presenr value ot thefuture payments
discountÈd at a markèt ratè of Intèrèst, Fifianclal liabilitiès classilléd as payablè wlthln ont yÈar arè not amortised,
Debt instrurnents are subsequently carried at atnort15ed c05t, Usin8 the ellective interest rate method.
Tride creditor5 are obligations to pay for 8oods or serslce5 that have been acquired In the ordinary course of operatlon5 from
suppliers. Amounts payable are classified 3$ currernt liabilities If payment is dve within one year or less.11 nol. they are presented
a5 nor-current liabilitie5, Trade creditors are recogni5ed initially at transaction price and sub5equenily measured at amorti5ed
cost using the Èffective Intèrtrst method.
Derecognition olflnanciolliaknlities
Financl31113bllities are derecognised whÈn the charity's contractual obligations explre or are disthargÈd or cancÈlled.
10-

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
In¢ome from donatltsns and lekaties
Unrestricted
fvnds
2025
Unrestricted
funds
2(24
Donations and 8ifts
20,837
8,Q56
In¢ome from charitable adlvltles
Unre5trlcted
Unrestrlcted
fvnds
2025
funds
2(24
300,038
61,949
In¢omB frorn Investments
Unresirlrted
Unre5trlcied
lunds
lunds
2025
2Q24
Income from listed investments
Inttr•st r•cèivèblé
25,688
416
30,261
363
26,104
30,624
Expenditure on raising funds
Unrestrlcted
Unre5trlcled
fvnds
21)25
fund$
2Q24
Fundra151n¥ and publlclty
Std£ing fundraisin8 evenls
191,972
13,Q13
11

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Expendlture on ¢harltable attivlties
2025
2Q24
Olrect costs
Granr funding of activities Isee nore 71
70.942
88.3S3
Share of support and governance c05t515ee note 81
Support
Goverlance
24,417
22.373
39,034
19,116
117.732
146.513
Analy515 byfund
Unrestiicted funds
117,732
146.513
Grints piyable
Charltable
Charltable
2025
2024
Grants to in5tltutions'.
Maiiclie5ter United FoundatiDn
38,859
32,083
40,900
35,000
12.463
Wa115end Sportingclub
Newcastle United Foundatlon
70,942
88.363
The grant5 are forthe delivery of projects which aim to use the power of lootball to omer young people the opportunity to
pursue their Interest In playin& leading and coachln8.
Support costs allocated to actlvltles
2025
2QZ4
Consultancy Fees
Goveriance cost5
24,417
22,373
39.034
19,116
46,790
58.150
Analysed betweeTh'.
46,790
58,150
12-

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
NDne of the trustees lor any persons connected with them) received any remuneration or benefits Irarn the charity duringthe
year.
Employees
There were no ernployee5 during the yeai, or during the prior year,
li
Galns and losses on Invesiments
Unre¥lricted
fvnds
2025
Vnrejtricled
fund$
2Q24
Gainslllo55esl arising on..
Revaluation of Investmen15
Sile ol inve5tment5
144,6381
42,236
36.669
1,268
12,4021
37,937
Tixat5Dn
ND provlslon Is required for taxation as the company Isa re8Istered charity and exempt from carporation tax on its charitable
13-

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Flxed a$set Investmenis
Li$iEd
Investments
other Investrnents
Cash in PDrtfollo
Total
C051 or Valua￿0￿
At l Apiil 2024
Additions
953.376
474,806
',43,8171
16,222
969,599
474.806
143,8171
13,g611
1507,4961
Valuation changes
Movernent in cash
Disposals
13,9611
1507,4961
At 31 M3rch 2025
876,869
12,26L
889,131
Carryln¥ afflount
At 31 March 2025
876,869
12,26L
889,131
At 31 March 2024
953,376
16,222
969,599
2025
2Q24
Other investments corNprise',
Notes
Investments in subsidiarles
21
The investments are managed within a poitfolio held with Investèc Wealth & Investment Limited in the United Kingdom. The
hlstorit cost ol the Investments Is £883,49612024. E916,31SI
Fln4n¢lal InstNm•nts
202S
2Q24
Carryln¥ afflount of flnanclal a55ets
Debt instiurnents measured at amortised cost
Cash within portldio
Instruments me45ured at falr value throu8h profit or Itss
109.784
12,261
876,869
16.222
953,376
Cayrylw amount of flnan¢lal Ilabllltles
Measured at arnortised iO&t
8,785
11.813
14-

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Debtors
2025
2Q24
Amount5 falllng due within One year:
Other debtor5
109,784
Prepayments and accrued inccme
1,202
109,784
1,2Q2
Credltors: amoun15 falllng due wlthln oneyear
2025
2(14
Trade creditors
Amounts owed to subsldlary undertèklngs
Accruals and defeTr@d income
300
8,484
11,817
8,785
11.818
17
Unrestrl¢ted lunds
These are unrestri-ted funds which are material to thecharity's attivities made up as follows..
At l Aprll 20Z4
IncomlTh8
r•sourc•s
Resources
expended
Tran5fer5 Galns losse5At Jl March ZQ25
Gener)I
unrestricted fund
789,088
213,000
445,743
1399,6941
71,000
171,0(Xll
12,4021
903,735
142.orK)
18,7741
Deslgnaied fund
General funds
198,7641
89,990
I,IYJ2,088
346,979
1309,7041
12,4021
1,036.961
Prevloys year.,
At l Aprll 2023
lTh¢omlftg
resour¢es
Resources
expended
Tran$lers fjaln$ and losse$AI Jl March 2Q24
General
nresiricted fvnd
Des18nated lund
172,048
851,000
100,629
1159,5261
638,000
1638,OfX)I
37,937
789,088
213,0
1.023,048
100,629
1159,5261
37,937
1,002.088
15-

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
OesiAnated funds
The income fundsol the charity include the following designated fund5 which h3ve been set aside out of unrestricted fund5 by
the trustees for 5￿CIfIC purposes..
Movemeni In funds
Balanre atlncomiTrg
l Aprfl 2013rewuice$
Transfers
alaDCE atTransfers
l Aprfl 2024
8alanc¢at
Jl March 2025
De51gnated for futuie known
spend
851,000
I638,￿)
213,000
17L,0001
142,OCQ
851,000
638,Th)0
213,fK)O
171,0001
142.ODD
Deslgnalgd lund5 h3vè been set a51d@ by Ihe charity tD moet futuro spÉndinB commitments. The truste05 have t3kÉn the view
that the funds associated with the short, Medium and IDnÈ terin sl¥)uld be clagsed as designated.
Whilst the charliy has ri8hts to withhold payments In partlcular clr¢umstances the tNs¢ees' Position is that these sums wlll be
paid and as such are not 'freely av3ilable
Analy515 ol net assets between funds
Unrestricted
lunds
2(25
At 31 March 2025..
InvesiMenTs
889.131
L47,830
1,036.961
Unre¥trlcted
funds
2QYI
At 31 March 2024..
Investments
969,599
32,489
1,002,088
16-

MICHAEL CARRICK FOUNDATION
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Related party transactions
During the year to 31 March 2025, consuhancy lee5 amounting to £24,41712024.. £38,892) were payaL4e by the charitable
company io Tongbe Tied Media Limited. Joanne Tongue, a irusiee, is also a member of Tongue Tied Media Limited.
On 28th February 2025, Michael Carrick Fcundalion hosted a fundr315inB dinner, facilitated by TDnELJe fied Media. At the year
end an amount of £62,460 was owed to the charity byTon8ue Tied Media. This amount has since been paid in full.
21
Subsldlorles
These financial statements are separate charity linancial statements loi Michael Carrick Foundation.
Detail$ of ihe charity's $ubsldl8ries at 31 March 2025 are as follows.,
Nameof undertaklng
Re¥5stered
olfice
N*ure of Iwsln¢55
Class of
share5 held
% Held
Dlrect Indlrert
MCF Trading 2017 Llmltéd
England & Wales
Dormant
Ordinary
loo.00
CornThltments
A5 at 31 March 2025, the chaiitable company had entered into two a8reement5 to provide 8rant fundln8 over 8 three year perlod
to Manchester Un ted Foundation and Wa115end Sportlll8 Club. The arnount comrnitted but not reflected within these financial
staternents amounts to E142,00012024.. £213,000>.
Analy$ls ol chan8e$ In rnet fund$
The ctiarlty had nc materlal debi durln8 the year.
Cash ienerated from operatlons
2025
2(24
Surpluslldeflcirl for the year
34,873
120,g601
Adjustments for..
Investment income reco8nised in Statement of financial 4ctivitie5
fjèin on di5P05al ol inve5tmen15
Fair ￿31ve gains and losses On investments
126,1041
142,2361
44,638
130.6241
11,2681
1187,5351
Movements in working capital.
Ilncrea5elldecrÈa5o in debtors
IDecrea5el in creditors
1108,5821
13,0331
3,698
IIDI,5601
Cash absorbed byoperaflons
1100,4441
1338,2491
17-

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