Charlty number: 1177988 MERCER FAMILY CHARITABLE FOUNDATION UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 WR Partners Protecting your future.
MERCER FAMILY CHARITABLE FOUNDATION CONTENTS Page Roforenca and admlnlstratlve detslls of the Charlty. Its Trustags and advisèrs Trustees. report Indopgndent examlner's raport Slatomant of financlal actlvlti Balanco sheet Nots$ to the flnanelal statèménts 9-17
MERCER FAMILY CHARITABLE FOUNDATION REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2021 Trustees Roger Mallaber Morcgr Kaihryn Julle Mtsrcer Henrietta Tasmin Mercer Robèrt Parcy M@rcgr Sally Louise Mercer Alec Roger Meroer Phillipa Jane Mercer Dawn Emma Ollver IreslgMd 19 February 20211 Thomas A&xander Morcer Charlty roglstarad number 1177988 Prfncipal offl¢¢ Blak8nhall Park Barton Under Needwood Burton on Trent DE138AJ Accountants WR Partn8rs Chartered Accountants Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG Page 1
MERCER FAMILY CHARITABLE FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2021 The Trustees present their annual rèport togother wllh the financial ststements of th8 Charity for the year 1 October 2020 to 30 September 2021. ob19cVe5 and activiti0$ a. Pollcle8 and objectives Mercer Family Charit8blg Foundation Ifomèrly krwn as Tha Mercèr Charitable Feundalionl seeks to assist the charftable activities of organi88tions and individuals for suGh charitable purposes for the public benefit as are exclusiv8ly charitable according to tho laws of England and Wal8s as th8 trustees may from lima to timg d8termine. In settlng oblg¢tiv88 and plannlng for acllvltlès, the Trustees have givon duè conslderallon lo general guidance pub118hed by the Charfty Commlsslon relatlng to publlc benefit. including the guldance 'Publlc benefit: running a charity IPB21'. b. Strategles for a¢hlevlng obJectlv¥s M8rc8r Family Charitable FoundaUon supports activities and initiatives run by organisallons- including charities and community groups- that dellvar b8n8fit In one or more of the following qu811fying catewrfes.. Edu¢ation.' support of educational opportunllles and initiatives particulat1y in the fi'eld of famiing, agricullure and food. Healthcare.. benefit of health and relief of slcknass or suffarSng particularly in respect of childrell and adults suffering from incurable illnesses. Community. support for community facilities in Slaffordshire le.g. community spaces and activillesl wth the aim of improving the lives of local people with particular naed due to age, ill-health, disabilty, homelessn8SS, finandal hardship or other dlsadvanlag8S. Intemational.. support for community prolocts In Ghana with the aim of Improvlng the lives of IDcal peopl through education. hoalth¢are, and kindergarton faclllll88. c. Grant.maklng pollcles Any applicatiDn for funding mu8t fit wthin one or more of the above qualifying categories. It musl be not8d that consideration by the Irustses, does not guardntee provision of grant fijnding. The trustees are agreeable to worknng in partnershlp with other grant making bodies where ndIng for a project is beyond the scope of any single organisation Paga 2
MERCER FAMILY CHARITABLE FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2021 A¢hiev6mants and perfom)ance . Maln achlevemttnts of the Charlty The Foundation continued lo support a range of charitie8 across the previously e81ablished areas of al EducatSon 13QQA of donalionsl bl Healthcare 123% of donations) and cl Cornmunity 147Q/o of donations). 'Communit in¢lud8s food pov8rty, homèlessness, Inclusion for disabled children. and villagè projects In Ghgna. Tho Foundatlon conllnues to108m from and evaluate the sectors it supports. Flnanclal revlew . Golng conc•m Aftgr making appropriate enquirigs. the Trustees hava a rea80nable exp8ctallon that the Charfty has adequatg resourcos lo continue in operotional existence for the for8soe8ble fulura. For Ihls reason, th8y conUnu& lo adopt tha golng concern basls In preparing the finan¢lal sta16monls. Further detall8 regardlng thg adopllon of the going concern basis can be found in th8 awvnling policies. b. Reserves policy ReseNes at 30 September 2021 amounted lo £495,84712020'. £479,271). The Trustees oim 19 hold b61wee one and two ye8rs' funds in r8sgrve. Thi8 rijrranlly equ8lAs lo bplw8en P.220,non ?nd g.44n,noo. The fre8 roseNtsS made up of unreslricled fvnds which 8re the total net assets of the charity. Thè charlty made a surplus of £16,576 durfng the year {2020'. -£16.215 lossl. Struetura, govamanc• and management Constitutlon Mercer Family Charitable Foundation 18 a Charltsbla Incorporal8d Organlsallon. number 1177988, and Is constitul8d und@r a Trust dead. 11 is registered wlth the Charlty Commlsslon (England & Wa16s}. b. Method5 of appolntment or glgctlon of Tru$tee$ The management of tha charity is the responsibility of the Trustees who are eleclgd and ukopled under the terns of the Trust deed. Ev8ry trustee musl be appointed for a temi of three years by resolution passed al a proptsrfy convened meeting of the charity trustees. The charity trustees musl have regard to the skills, knowledga and experience needed for effective adminislralion of the CIO. The twslees are currently all members of the Mercer family, with the exception of Dawn Oliver, who resigned in the year. c. Organisatlonal structure and declslon-maklng pollcles Any decision may be taken either at a mèalirtg of tha charity trusleÉs, or by rasoltJlStsn In wrilSng or a¢tronIC form agreod by 8 majority of all charity Irusleos, whith may comprise either a single document or severdl documents conlalnlng the text of the resolutlon In like fom lo eath of which one or more charity Iruslees has signlfied thair agreement Page 3
MERCER FAMILY CHARITABLE FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2021 structure¥ governance and managemont Icontlnutrdl d. Flnancial rlsk manag•m8nt The Trustges hava assèssed the major risks lo which the Charlty is exFKised, in particular thoso related to tho oporalions and finances of the Charity, ond are satisfied that systems and procedures are in place lo mitigate 6xpDsure lo the major risk8. Statement of Trust&e8' re8p¢n8ibllitlas The Trust888 are rgsponslble for praparing thg Trustees. report and tha ffinanclal stat6m6nts In accordance wi appllcabl8 law and Unlt8d Klngdom Accounting Standards (Unitsd Kingdom G8nerally Accepted Acctsunting Practice}. The law applicable lo charities In England & Wal8¥ r6quir8S the Trustees lo prepare financlal slatsments for each fi'nancial y8ar whlch give a true and falr vlew of th& slate of affairs of the Charity and of its Incomlng resourc88 and applicallon of resources, includlng Its Incom& and expendlture, for that perlod. In preparlng these finan¢¥al slatemenls. the Trusloes arg required ID.. select suitable accounting PDlici8s and then apply them nSiStently., ob8erve th8 methi)ds and principles of the Charitles SORP IFRS 1021., make ludgm?nts and accounting estimates that are reasonable and prudant stat¢ whether applicabl¢ UK AbLouiilii)y Slaliduil lff RS 1021 Iiave b¢¢n followed. subi¢d lo aiiy Ill1¥[11 departures disclosèd and explained in the financial st*ements'. prapare the financial stsitsments on the going concern basis unless il ia Inapproprla16 to presume that Ihe Charity will oontinue in business. The TrLJStees are responsible lor kéeping adequgle accounting records that ar6 sufficient to show and explaln tha Charity's transactions and dlsclos8 Mrith r8asonable accur8cy at any tim& the financial position of thè Ch8rity and enable Ihem to ensure that the financial slaterllents comply wth the Charilies A¢1 2011, the Charity (Accounts and Reports) Regulations 20118 and the provisions of the Trust d8ed. Thoy aro also responsible for safèguarding tha assets of the Charity and hence for taking reasonabla steps for the prevention and delèclion of fraud and olh8r irr8gulariti6s. Approved by order of the members of the trKJard of Trusle8s and sloned on their behalf by. Rob•rt Porcy Mercer ITrusleel Dale.. Page4
MERCER FAMILY CHARITABLE FOUNDATION INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2021 Independent Examlnerfs Roport t¢ the Trusto&s of Mgr¢er Famlly Charltable Foundatlon rthe harlty'l I report to tho charlty Trustees on my gxamlnallon of the aoGounts of th& Charfty for thg year ended 30 Sept8mb8r 2021. Rg8ponslbllltl¢s and Ba$ls of Rgport As the Trus1è8s of th@ Charity you ar6 responsible for the preparation ol the acc4)unl8 in accordance vrith the requlrerngnts of the Charftles Act 2011 I'the 2011 Ad'l. I report in respect of my examination of the Chariws accounts carried out undèr s8cllon 145 of the 2011 Act and In carrying out my examination I have followed the applicable DirectioTrs given by the Charity Commission under section 145(5llb} of the 2011 Act. Pag8 5
MERCER FAMILY CHARITABLE FOUNDATION INDEPENDENT EK4MINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2021 Independent Examlnofs Statament Slnce the Charftyg gr088 Income 8xc68d&d £250,000 your examiner must be a member of a body Ilsled In section 145 of th6 2011 Act. I cantirm that l qiialififjd lo iindertAk8 the exHmination hgcau%A l am 8 memb8r of FGCA, whlch Ss ong of thè listed bodies. Your attention is drawn lo the fact that the Chartty has prepared the acoounls in accordance wlth Accounllng and Reporting by Charili8s'. Stalomenl of Recommended Practice applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preferenc8 lo the Accgunting and Reporting by Charities.. Slal&m8nl of R8commend8d Practlce i55U8d on 1 Aprll 2005 which is referred lo in the 8xtant regulations but has been withdrawn. l understsnd that Ihls has b8en done In order for the accounts to provide a true and fair view in accDrd?nce wth the G8n8rally Accèpted AccoLJnling pralce effective for reporung perfods beginning on or afier l January 2015. I have completed my examin81ion. l ¢onfiTm that no m8tt6rs hav6 come to my attention In conn6clion with the aX8mination giving me cause to b61ifyve that in any malerlal respect: accounting records were not k8Pt in r8SP6Ct of the Chadty as requlred by section 130 of th8 2011 Acl., or the accounts do not acrd with those records., or the acGc>unls do not comply tha applieable requirement8 concerning the fomi end ¢onlonl of accounts sel out in the Charities {AcGounls and Reports) Regulations 2008 other than any rgquirement that the accounts glva a 'lrue and fairf Mew which is not a matter consider@d as part of an ind8pendanl 8xamlnation. I have no concerns and have wme aosS no other matters in connection the examination lo which attention should ba drawn in thi8 raport in order lo enable a prtsr understanding of the accounts to be rèached. This r&port Is made solely ID the Charity's Trustèes, as a body, in a¢¢ordance with Part 4 of the Charities (Accounts and Reports} RegUlaOnS 2008. My work has bèèn undèrtakÉn so that I mlght stat8 to the Charitls Trustees those matters l om required to slate lo them In an Independonl examin9r's report and for no other purpose. To tho fullest exlont pgrmitted by law, I do not accept or assun)& responsiblllty lo anyone other than the Charity and the Charflls Trusle&s as a body, for my work or for thls rtrport. Signgd.. Dated. 0410512022 T Lunt BA FCCA MIRPM WR Partners Shrewsbury Bu8ine88 Park Shrewsbury Shropshire SY2 6LG Page 6
MERCER FAMILY CHARITABLE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2021 As reslats Total funds 2020 Unre8trl¢ted funds 2021 Total funds 2021 Note Income from: Donations atNI legaoes Invostmenls 267,350 267.350 236,100 806 Total Incomo 267,350 267,350 236.906 Expendlture on: Charitable adivili8s 250,n4 250.T14 253,121 Total expenditurg 250,774 250,774 253,121 Not movement in funds 16,576 16,576 (16,215) Reconclllatlon of lunds: Total fvnds brought forward 479.271 479,271 495.486 Total funds carrl&d forward 495.847 49S,847 479,271 The Statement of Fln8ncl21 Actlvlties includes all gains and losses recognisgd In the year. Th8 notes on pages 9 to 17 fom part of these financial stslements. Pago 7
MERCER FAMILY CHARITABLE FOUNDATION BALANCE SHEET AS AT 30 SEPTEMBER 2021 As r8Stated 2020 2021 Note Flxed as$&t$ Current assets Cash al bank and in hand 497,271 480,627 497,271 480,627 Cr8ditors'. amounts falling due withln ona y8ar 10 11,4241 (1,356) Ngt currant assetg 495,847 479.271 Totsl a$sets loss current Ilabilitie$ 495,847 4T9,271 Net a$$ets excluding pension asset 495,847 479,271 Total net assets 495,847 479,271 Charlty funds Rgstrlcted fvnds UnrestriGled funds 495,847 479,271 Total funds 495,847 479,271 The financial ststem8nts w8re approved and aulhorlsed for Issue by the Truste88 and 8lgned on thelr behalf by.. Robert Percy Mercer Dale= The notes on pages 9 to 17 form part of these financial statsments. Pagg 8
MERCER FAMILY CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 Genèral Infomiatlon The Mercar charable Foundation is a Charitabla Incorporated Organisatlon r8glstered 17 April 2018. The Mercer Family Charitable FOUndaOn supports aGtivfjlies and Snltlallvo8 run by organi?ation8 Including charities and eommunlty groups that deliver benafll In one or more of the followlng cal8gori8s', EduGalion, Healthcare, Communlty. Accounting pollcles 2.1 8a$l$ ol pr•paratlon of tlnanclal $tatoments Tho ftnanclal statements have been prepared in accord8n¢8 wlth tho Charllles SORP IFRS 1021- Accounting and Reporting by Chari118s'. Statement of R8cornmended Practice ?pplicablg lo charitigs preparing their accounts In accordance with the Financial Reporting Standard applicab16 in the UK and Republic of Iraland (FRS 1021 (effective 1 January 20191, Ihe Financial Reporting Standard applicab10 In the UK and Republic of Ireland IFFiS 1021 and the Charltles Aci 2011. The financial sl8lements hav8 b&8n prepared to give a 'true and fairf vlew and havg departed from the Charilles {A¢counls and Reports) R8gulatlons 20C18 only to the exlenl required lo provide a 'lrue and fair, view. Thi5 d8partur8 has Snvolved following the Charities SORP IFRS 1021 publishad in October 2019 rather than thè Accounting and Reporting by Charities., Slatemanl of Recomrnèndod Practlco offectsve from 1 April 2005 which has sinGe been TrJvitlidr&wii. Mercer Famlly Ch8rt18blè Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilitl8s are initially r8cognised at historical cost or transaction value un188S Oth8N4iS8 slated in the r618vant accounung pollcy. 2.2 Incorno Al Income is recognls8d once th6 Charlty has èntitlement lo thg income, 11 is probable that Ihg Income will b& received and the amount of Income receivablo can be m8asur8d reliably. Income tax recoverable in relation to Inveslmont incom8 is recognised al th8 time the iTrveslmenl incomg is receivabl8. 2.3 Expendituro Expenditure is recognised once ther& 18 a lègal or conslruclive obligation to trarbsfer 8oonDmiC bellefil to a third party. it is probable that a transfer of economic benefits will be required in setuemenl awid the amount of the obligation can be measLtred reliably. Expenditur8 is classified by activty. Expenditure on charitable Bctivilies is incurred on directly undertaking the activities thich further thè ChariV$ obje¢tivas, as well as any associated support costs. Grarhls payabl8 are chargad in the year when the offer is mad8 except in thos8 cases wh8r8 th8 offor is conditional, such grants belng recognised as expèndlture when tha condllions attachSng are fu]fill8d. Grants offered subje¢l lo conditions which have not been mal 8t th8 yaar end ar& noted as a commltmenl, bul not accrued as gxpandituro. AII gXP&Mliture Is incluslve of Irrecoverabl8 VAT. Pag8 9
MERCER FAMILY CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 Accountlng pollGles Icontlnuedl 2.4 Interèst r#celvable Interest on funds held on deposit is included en receivable and the amount can be me&sured reliably by the Charity. thls is normally upon notification of Ihg Snl8resl paid or payable by the inSttiOn with whom the fijnds are deposlt8d. 2.5 Cash at bank and in hand Cash al bank and in hand includ9$ Cash and short-lemi highly liquid investsnenls with a short maturity of three months or less from th8 dal8 of acquisition or opening of th& daposit or similar account. 2.6 Llabilities and provlslons Liabilities are recognised wh8n Ih8rg Is 8n obligation al tho Balan¢e sh991 data as a re8uII of a pa81 event, il is probable that a transfer of 6conomic b8n&fit wlll bè requlrad in satlSement, ond the amount of the settlement can be estimated lIably. Llabilities ar8 recognised at Ihg 8rn0unt that th8 Charity anlicipales il will pay to settlo the debt or the amount It has r8cAiv8d as advancad payments for tha goods or $8tvicg811 must provid&. Provisions are measured at th6 b6St 8stimat8 of th8 amoun& r8qulrèd to s8tt1è th8 oblio8tion. Wh8r8 the effect of the time value of money Is malerlal, the provlslon Is based on the present value of those amounts. discounted at the prg-lax discount rate that reflects the risks specific lo the Ilability. The unwnding of the dlscounlls f8CDgnisgd in the Stalemgnt of financi81 activiligs as 8 finan¢e cost. 2.7 Financial instruments The Charity onty h2s financial assets and financial liabilities of a kind that qualify as baslc financial instruments. Basic linancial instruments are initially recognised al transaction value and subsequently measured al their s&tllem8nt valu8 with the exc&plion of bank loans which ar8 subsequently measured al amorbsed CA)sl using tha 6ff8ctiv8 Int&r8sI m@thod. 2.8 Fund accountlng General funds are unrestrictad funds whi¢h are availabl8 for usg al th8 di$cr8lion ol the Trustees In furtherdnce of the general objeclivas of th@ Ch8rity and whitth hav8 not been designated for other purposes. Investment incorne, gains and losses are allocated lo the approprlale fvnd. Page 10
MERCER FAMILY CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 Incornè from donatlons and 18gacl•s Unrèstrlcted funds 2021 Total lund$ 2021 Total funds 2020 Donations 267,350 267,350 236. 100 Total 2020 236, 100 236, 100 Investmont Incom• Unr•strict8d funds 2021 Total funds 2021 Tot&1 funds 2020 Bank intgr8St 8QS Tol812020 806 806 Analy$ls of expendlturg on charitable actlvltles Summary by fund typ& Unrastrfctsd funds 2021 Total funds 2021 Total funds 2020 Independent examination Bank Charges Grants pald Professional fees 1,423 28 249,023 300 1,423 28 249,023 300 1.302 24 257.795 250,774 250,774 253, 721 Total 2020 253, 121 253,121 Pag&11
MERCER FAMILY CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 Anal1$ of oxpendlturo by actlvltl•s A¢tlvltlo$ undoitakpn dlr6¢tly 2021 Suppr)rl costs 2021 Tvtal funds 2021 Tulal funds 2020 Independent Examlnallon Bank Chargés Grants to Institutions Professlonal Fe@s 1.423 28 1.423 28 1,302 24 251, 795 249,023 249,023 300 300 249,023 1,751 250,774 253,121 Total 2020 251,795 1.326 253,121 Grants to Institutlons 2021 202Q Farm Fresh Rainbows FCN Villag8 by Villag8 Nuffield Intemalional Liberty Liberty Sl Giles 60,000 so,000 20,000 20,000 18,023 15.000 12.000 10.000 10.000 6.OOLI 5.000 5,000 5.000 3.000 10.000 40,000 50,000 40,000 18,994 12,000 10.000 10,000 6.000 Farmers Company Just Farmers Harper Adams Chrons & Colitis Dream Holidays Period Power Cycle R Cycle Grants to Other Institutions 64.801 249.023 251,795 Page 12
MERCER FAMILY CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER2021 Indepondont examlnèrfs ramunèratlon 2021 2020 Fees payable to the Charitls independent examiner for the illdependent examination of the ChariV8 annual 8cwunts 1,423 1,356 Trustèes. r•munaratlon and 8xp8nses During the yoar, no Trustees received any remuneration or other benefits {2020- £NIL). During the year ended 30 S8Ptemb8r 2021, no Trustee gxpenses have been Incurr8d (2020- £NIL). 10. Cradltors: Amounts falllng dug wlthln one year 2021 2020 Accruals 1,424 1,356 Pag8 13
MERCER FAMILY CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 11. Statgmont of funds statement of funds - Current y&ar Balance at 30 Septèmber 2021 Balanc6 at I Octobgr 2020 Income Expondllure Unrg$trl¢ted fvnds General Funds- all funds 479,271 267,350 1250,7741 495,847 Stat8ment of lund$- prior year Balance al 30 Septembar 2020 Balanca al 1 October 2019 Income Expenditur& Unrè8trl¢ted fund$ General Funds- all funds 495,486 236,906 (253,121) 479,271 12. Summary of tunds Summary of funds - currgnt yg8r Balance at 30 September 2021 Balance at 1 October 2020 Income Expendlture Genoral fijnds 479,271 267,350 1250,7741 495,847 Summary of funds - prlor year Bal8nGe al 30 September 2020 Balance al l Oclobgr 2019 Incom8 Expenditure General funds 495,486 236,906 (253,1 21) 479,271 Pag8 14
MERCER FAMILY CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 13, Analysis of net assets beiwaon funds Anatysls of net assets between funds- currènt yèar Unrcstrl¢ted funds 2021 Total funds 2021 Currenl assets cred110 du8 thIn on8 year 497,271 (1,4241 497,271 {1,4241 Total 495,847 495,847 Analysls of not a$80ts htw¢tn fund$ - prlor year Unreslrfcted funds 2Q20 Total funds 2020 Current assets Creditors du& within one year 480,627 (1,356) 480,627 (f,356) Total 479,271 479,271 Pag8 15
PAERCER FAMILY CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 14. Related party transactlons During tho year ending 30 Septemb6r 2021.. Sally Merc8r and Rob Meregr {Trusleesl aro Trusleas of Fam) Fr8sh R&vc>lulion lo which a grant was glven of £60,000. Donations were reGeived from.. - Packinglon Poultry- £56,250- Alec M6rcer and Roger mer ITru8tees) are Directors of the company. - Tom Mercer Lirnited - £20,600- Tom Mercer and Rogér Mercer ITrustees1 are CUan1 diredors. - M¢rcgr Farming Limited - £55.500 - Alec Mercer and RDger Mercer (Trusleesl are current dirsctors. -Harfaston Packinglon Ltd - £95,000- Rog&r Mercer and Rob Mercer (Trusleèsl are cuThent directors. -PaGkinglon Frag Range- £11,000- Alec M8rcer and Rob MercEr ITruslees} are current directors. -Mgr¢@r Farm Partnars - £29,OfJ) - Al8c Merc8r and Tom Mercer ITrusteesl are current directors. Thara are no balances outst8nding. Pag& 18
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