Trustees. Annual Report for the period Period start date Period end date From To,, Section A Reference and administration details Charity name MGL Foundation Trust Other names charity is known by MGL Group Foundation Trust Registered charity number (if any) 1173357 Charity's principal address Davison House Rennys Lane Durham Postcode DH12RS Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee name Office (if any) Name of person {or body) entitled toa oint trustee if an Alan Davison Chairman Gary Smith Gillian Reader Kevin Fisher Stephen Christopher Ellis Stacey Lee Alex Wells 10 12 14 15 16 17 18 19 20 Names of the trustees for the charity, if any. (for example, any custodian trustees) Name Dates acted if not for whole ear TAR March 2012
Names and addresses of advisers (Optional information) e of adviser Name Address Name of chief executive or names of senior staff members {Optional information) Section B Structure, overnance and mana ement Description of the charity's trusts Constitution Type of governing document How the charity is constituted MGL Foundation Trust is a Charitable Incorporated Organisation (CIO) ie9 irusi, absuLi¢lllUII: bur IIVcJl Iy j Trustee selection methods Trustees are appointed by a resolution. Additional governance issues (Optional information) All trustees give their time voluntary and receive no remuneration or benefits for this time. You may choose to include additional information, where relevant. about- policies and procedures adopted for the induction and training of trustees., the charity's organisational structure and any wider network with which the charity relationship with any related parties. trustees, consideration of major risks and the system and procedures to manage them. Section C ectives and activities The objects of the MGL Foundation Trust as described in the constitution are as follows., the prevention or relief or poverty, the advancement of education, the advancement of health and saving lives, the advancement of citizenship or community development, the advancement of arts culture heritage and science, the advancement of amateur sport. the advancement of environmental protection or improvement, relief for those in need by any disadvantage and the promotion of the armed forces of the crown. olice. fire, ambulance or rescue services. Summary of the objects of the charity set out in its governing document TAR March 2012
In planning our activities for the period we considered the Charity Commission's guidance on public benefit at these meetings The focus of the trustees was to decide how the trust would be funded and to consider requests for help against the stated objects of the trust. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) Additional details of objectives and activities (Optional information) You may choose to include further statements, where relevant, about.. policy on grantmaking. policy programme related investment., contribution made by volunteers. TAR March 2012
Section D Achievements and performance Summary of the main achievements of the charity during the year The premises of the Trust are Davison House, Rennys Lane, Co. Durham. DH1 2RS. These premises are provided at no cost to the trust by the MGL Group Limited. Employees of the MGL Group Limited were asked to consider providing a monthly donation to the trust. All donations given are matched by the MGL Group Limited. The MGL Group has also committed to, in years of profit, making a further contribution to the Trust. This is at each year end and the contribution will be in addition to the donations referred to above. Employees may also organise fundraising outside of this which the MGL Group has committed to match. The trustees met at regular intervals during the period to review the financial position of the trust and to consider any requests for assistance. During the period, the trust made various donationslawards to requests that were in line with the stated objects of the trust. TAR March 2012
Section E Financial review We hold cash at bank of £40,0205 at the year end, all of which is unrestricted funds. This is all available for distribution in the future in accordance with the Constitution. Brief statement of the charity's policy on reserves Details of any funds materially in deficit Not applicable Further financial review details {Optional information) You may choose to include additional information. where relevant about.. the charity's principal sources of funds (including any fundraising)., how expenditure has supported the key objectives of the charity- investment policy and objectives including any ethical investment policy adopted. Section F Other optional information The trustees hope to continue to provide awards and assistance to good causes in line with the stated objects of the trust in the coming year. Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s} Full name(s) Position (eg Secretary, Chair, etc) Gary Smith Trustee Ke n Fisher Trustee Date 07 January 2026 TAR March 2012
CHARITY COMMI5510N FOR INGIAND AND WALIS Receipts and payments accounts CC16a For the period from To Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year tg the nearest to the nearest £ to the nearest £ to the nearest £ to th• n•ar•st £ A1 Re¢elpts Donations 24.609 24,609 24,367 tota ross income or AR) 24,609 24,609 24367 A2 Asset and investment sales, (see table}. zzzz Total receipts 24,609 A3Pa ments Award5 8arik chargès 50,351 73 50,351 73 17,473 73 Sub total 50.424 50,424 17,547 A4 Asset and Investment urchases see table Sub total Total payments 50,424 50,424 17.547 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 25,815 25,815 6,820 40,205 40,205 66,019 CCXX R1 accounts ISSI 0710112026
Section B Statement of assets and liabilities at the end of the period Unrestricted funds lo nearest £ Restricted funds Endowment funds to noarest £ Categories Details to nearest £ B1 Cash funds Cash at 8ank 40,205 Total cash funds 40,205 (agree balances with receipts and payments accountlsll Unrestricted funds Restricted funds to nearest e Endowment funds to nearest £ Details to nearest £ B2 Other monetary assets Fund to whlch a$$et belon Current value tlonal Details Cost loptionall Fund to whlch asset belon Curr?nt valua tional Details C05t loplionall B4 Assets retained for the charity's own use Fund to which relaE8S Amount due tlonal When due tional Details B5 LTabilities Signed by one or Iruslees on behalf of all the Iruslees Date of roval Signature Print Nam8 Kevin Fisher 0710112026 CCXX R2 accounts ISSI 0710112026