REGISTERED CHARITY NUMBER: 1172699
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 January 2024
for
Milling 4 Life CIO
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Milling 4 Life CIO
Report of the Trustees for the Year Ended 31 January 2024
31 January 2024. 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) (eQective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number: 1172699
Principal address:
7 St Georges Terrace, St James’ Square, Cheltenham, Gloucestershire, GL50 3PT
| TRUSTEES | OQice | Appointed |
|---|---|---|
| Trustee Name | 7 St Georges Terrace, Cheltenham, UK | |
| Roger D Gilbert | (Chair of Trustees) | 24 April 2017 |
| Tuti Tan | 24 April 2017 | |
| Simon Birks | 19 February 2021 | |
| Sven Olof Malmqvist | 24 April 2017 | |
| Christopher R Jackson | 27 January 2021 |
Summary of the Main Achievements of the Charity - 2023-24
As with each Annual Report it is important to point out that the Trustees of the Milling 4 Life (M4L) Charity have adopted a policy that ensures all donations - no matter how big or small - go to the ‘good causes’ adopted by the Charity, as outlined in our Constitution and in accordance with the Object of the Charity. Therefore, the Trustees cover all costs associated with their participation. The day-to-day administration costs of the Charity (which include oQice costs associated with running of the Charity itself) are met by the Trustees.
connection with the Charity’s work, as it relates to destinations outside the UK where our CIO is based, is not for the expense of the Charity. However, it is important that the Charity is seen to be participating in local and regional events, such as conferences and expositions, to build its reputation and commitment to helping those who are trying to improve skills, learn more about the milling process and create opportunities for communities and individuals to improve their situations.
Education is a foundational activity oQ the M4L Charity which is addressed through bringing visitors to exhibitions that they would not otherwise have the capacity or opportunity to attend and to introduce them to the technologies and developments that will assist them in their work within the milling sector and encourage their advancement as well as open up opportunities for them that might not otherwise exist.
During 2023-24 the M4L Charity was once again supported by the Online Milling School in securing places for those with restricted resources who applied to take part in this unique educational process around the production of animal feeds - from livestock feed manufacturing to aqua feed manufacturing to pet food manufacturing. Places on the six-week courses available were free to students from developing countries. The Online Milling School, which was set up in response to
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the Covid Pandemic lockdowns, proved valuable to all those attending up until the end of 2023, when falling numbers of paying students made the courses unviable. The organisers of the Online Milling School will not be oQering course in 2024.
During 2023-24 Trustees met less frequently due to the continued slow return of the milling industry to a more traditional timetable in terms of events and conferences being held and the industry’s overall focus on cautious optimism. However, 2023-24 saw the Charity refurbish its website and the appointment a volunteer to manage its social media content. It was also agreed that M4L should explore the possibility of appointing a Goodwill Ambassador for the Middle EastAfrica to help identify potential projects in and around the milling industry but not restricted to feed milling alone (see below). This Goodwill Ambassador could help identify deserving individuals who do not have the necessary support to attend international expositions, both in the flour and feed milling sectors, to assist them in expanding their skills and knowledge particularly in the importance of formulated rations for livestock.
Two Trustees again visited the World Flour Museum in Germany to discuss how the two organisations could work together particularly in Africa. The discussions had explored ways to make the museum more accessible to those wanting to learn more about the development of flour milling and the historical importance of milling grains. It was agreed that the M4L Charity could assist in promoting the museum’s activities as part of its work. M4L was also invited by the museum curator to support its flour-for-bread programme that provides poorer families in several locations in Africa with free flour. The M4L Charity is yet to establish how its contribution might be carried out.
A further activity carried out towards the end of the year was to arrange for the establishment of a ‘charities page’ in Milling and Grain monthly magazine to lists and promote all charities working in the milling sector. The ‘directory’ of milling-associated charities was introduced at the beginning of 2024 to run for the full 12 issues in 2024.
worthwhile projects in countries such as Pakistan, Bangladesh and Nigeria. As he is involved with a livestock unit in Nigeria, he says it is clear to him that the way to improve the condition of small farmers is to provide high-quality genetics and infrastructure - but to achieve high productivity and improve the incomes of these small-scale and subsistence farmers they need access to properly formulated feed rations for their animals
In most to these countries there are already sophisticated systems for large units using high quality-feed production in their modern facilities. However, when you move into communities away from the big cities, in the rural areas where there is a great deal of poverty, farming is on a much smaller and limited scale.
improve their incomes and stop the inevitable drain from rural poverty to the cities, where problems are just exasperated,” he reported to fellow Trustees.
“In order to achieve the production of rations that meet modern genetics we have discussed the possibility of providing some small-scale milling units and up-skilling people to use them. If we could achieve this then it would be a big advantage to those farmers working in monogastric and livestock production.”
To achieve this, the Charity would have to provide storage facilities as well as milling and mixing equipment that produce properly formulated and delivered rations.
We have discussed the possibility of providing second-hand equipment but the practicalities of this have proved to be a major challenge. We have sent some students on training courses (see above) which has led them to gain certification in milling industry processes. This education enabled students to gain a better understanding of production and management skills that should enable them to improve productivity in the mills where they might already be working.
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The Charity continues to work with event organiser and conferences sponsors to raise funds for projects. The Trustees would like to thank all those who have made a contribution during 2023-24 and those who have voluntarily helped to support the goals of the M4L CIO.
FINANCIAL REVIEW
The Charity received a total of two donations in the year, (2023 £18.17). There have been no expenses other than bank charges. All funds received have been banked.
Trustees' responsibilities in relation to the Financial Statements
give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently
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Make judgments and estimates that are reasonable and prudent
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State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements
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presume that the Charity will continue in business
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.
The Trustees wish to retain suQicient reserves to continue the level of grant making made in recent years. The Trustees consider this can be achieved by maintaining the existing level of investments.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document:
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. Risk management:
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
ON BEHALF OF THE BOARD
Approved by order of the Board of Trustees on November 29, 2024 and signed on its behalf by:
……………………………………………………… R D Gilbert - Chair of the Trustees
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EXAMINER’S REPORT TO THE TRUSTEES OF Milling 4 Life CIO
The examiner's report to the Trustees of Milling 4 Life:
I report to the Charity’s Trustees on my examination of the accounts of Milling 4 Life CIO for the year ended 31 January 2024.
Responsibilities and basis of report:
(As the Charity’s 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 have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
connection with the examination giving me cause to believe that in any material respect:
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Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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The accounts do not accord with those records; or
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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 have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Chris Jackson 6 Smallcross Close Uttoxeter StaQs St14 8XU
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Milling 4 Life Statement of financial activities For year ended January 2024
| 01-Jan-23 | 01-Jan-24 | |
|---|---|---|
| Unrestricted | ||
| fund | Total Funds | |
| Incoming recourses from | ||
| generated funds | ||
| Voluntary income | 18.17 | |
| Total Income | 18.17 | |
| Resources expanded: | ||
| Charitable activities | ||
| Charitable giving | 0 | 0 |
| Charitable Activities | 0 | |
| Governance costs | 60.00 | |
| Total resources expanded | 9712.12 | 9675.29 |
| Net Income | 18.17 | |
| Net Movement of funds | 51.83 | |
| Reconciliation of funds | 51.83 | |
| Total funds brought forward | 9712.12 | 9675.29 |
| TOTAL FUNDS CARRIED | ||
| FORWARD | 9712.12 | 9675.29 |
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| Milling for Life | ||
|---|---|---|
| Balance Sheet | ||
| As at 31 October 2023 | ||
| 31-Oct-23 | 31-Oct-22 | |
| Unrestricted | ||
| fund | Total Funds | |
| CURRRENT ASSETS | ||
| Cash at Bank | 9712.12 | 9675.29 |
| Creditors | ||
| Amounts due within 1 year | ||
| Nett Current Assets | 9712.12 | 9675.29 |
| TOTAL ASSETS | ||
| less Current Liabilities | 9712.12 | 9675.29 |
| FUNDS | ||
| Unrestricted Funds | 9712.12 | 9675.29 |
| TOTAL FUNDS | 9712.12 | 9675.29 |
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