Charity number: 1177988
MERCER FAMILY CHARITABLE FOUNDATION
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
WR
Partners
Protecling your future.

MERCER FAMILY CHARITABLE FOUNDATION
CONTENTS
Page
Referenee and adminlstrative details of tha Charity, its Trustees and advisers
Trust8es' report
Independent examinerfs report
statement of financlal activitles
Balance sheet
Notes to the financial statements
9-15

MERCER FAMILY CHARITABLE FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Trustees
Roger Mallaber Mereer, Chair
Kathryn Julie Mer¢er
Henriella Tasmin Mercer
Robert Percy Mer￿r
Sally Louise Mer￿r
Ale¢ Roger Mercer
Phillipa Jane Mercer
Thomas Alexander Mercer
Charity registered
number
1177988
Principal offlce
Blakenhall Park
Barton Under Needwood
Burton on Trent
DE13 8AJ
Accountants
WR Partners
Chartered A¢¢ountanls
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Page 1

MERCER FAMILY CHARITABLE FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2022
The Trustees present their annual report together with the financial statements of the Charity for the 1 October
202110 30 September 2022.
ObSectiv8s and activities
Pollcles and objectives
MercÈr Family Charitable Foundation Iformerly known as The Mercer Charitable Foundalionl seeks lo assist the
Charitable activities of organisalions and individuals for such charitable purposes for the public benefit as are
exclusively charitable according to the laws of England and Wales as the trustees may from lime ID lime
deleTmine.
In selling objectives and planning for activities, the Trustees have given due consideration lo gener81 guidance
published by the Charily Cornmission relating to public benefil, including the guldance 'Public benefit.. running 8
charty IPB21'.
b. Strategies for achievlrtg oblectives
Mercer Family Charitable Foundation supports activities 8nd inilialives run by organisations including charities
and community groups- that deliver benèfit in one or more of the following qualifying categories..
Educallon.. support of educational opportunities and initiatives particularfy in the field of faTming. agriculture and
food.
Healthcare.. benefit of health and relief of sickness or suffering particularly in respect of ¢hildren and adults
suffering from incurable illnesses.
Community.. support for cornmunily facilities in Slaffordshire le.g. community spaces and 8cliviliesl with the aim
of improving the lives of local people with particular need due 10 8ge, ill-heallh, disability. homelessness,
tinancial hardship or other disadv8nlages.
International.. support for ￿mMunIty projects in Ghana wth the aim of irnproving the lives of local people
through education, healthcare, and kindergarten facilities.
c. Grant-making policies
Any 8pplication for funding rnusl fil within one or more of the 8bove qualifwng categories. 11 must be noted that
consideration by the trustees, does not guarantee provision of grant funding.
The trustees are agreeable lo working in partnership with other grant making bodies where funding for a project
is bèyond the scope of any single organisalion
Page 2

MERCER FAMILY CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Achlevemgnls and performance
a. Main achievements of the Charity
The Foundation conllnued lo support a range of charities a¢ross the previously established areas of al Education
1300/0 of donalionsl bl Healthcare 123Q/o of donalionsl and cl Community 147VA of donalionsl. 'Ctsmmunil
includes food poverty, homelessness, inclusion for disabled children. and village projects in Ghana. The
Foundation continues lo learn from and evaluate the soclors il supports.
Financial review
a. Going concern
After making appropriate enquiriès, the Trustees have a reasonable expectation that the Charity has adequate
iesources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial slatemenls. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
b. Reserves polley
Reserves 8130 S8plember 2022 amounled lo £487,447 {2021.. £495,847>. The Trustees aim lo hold between
one and two years, funds in reserv6. This Currently equates lo between £220,000 and £440,000.
The free reserves are made up of unreslricled funds which are the lolal nel assets ol the charity. The charity
rnade a loss of -£8.400 during the year12021' £16,576 surplusl.
Structure* governance and management
Constltutlon
Me￿Or Family Charitable Foundation is a Charitable Incorporat￿ Organisalion, number 1177988, and is
consliluled under a Trust deed. 11 is regislared with the Charity C(4nmission (England & Walesl.
b. Methods of appolntmènt or election of Trustees
The managemenl of the eharily is the responsibility of the Trustees who are elected and co-opted under the
terms of the Trust deed.
Every trustee musl be appointed for a term of three years by resolution passed al a properly convoned meeting
of the charity Iruslees. The eharily trustees must have regard lo the skills. kNO￿edge and experience needed for
effective administration of the CIO.
The trustees are currently all members of the Mercer family.
c. Organisational structure and declslon-making pollcies
Any decision m2y be taken either at a meeting of the charity Iwslees, or by resolution in writing or electronic form
agreed by a Imajorily of all charity trustees, which may comprise either a single document or several docurnents
containing the text of the ¥esolulion in like form ta each ol which one or more charily Iruslees has signified their
agreement
Page 3

MERCER FAMILY CHARITABLE FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Structure, governance and management Icontinuedl
d. Financial risk management
The Trustees have assessed the major risks to which the Charity is exposod, in particular those related lo the
operations and financès of the Charity. and are satisfied that syslems and procedures are in place to mitigate
exposure lo the major risks.
Statèment of Trustees. responslbililles
The Trustees are responsible for preparing the Trustees, report and the financial slalemenls in accordance with
applicatrjle law and United Kingdom Aecounling Standards Iuniled Kingdom Generally Accepted Accounting
Pr8clicel.
The law applicable lo charities in England & Wa5es requires the Trustees lo prepare financial statements for
each financial which give a true and fair view of the slate of affairs of the Charity and of ils incoming resources
and application of resources, including ils income and expenditure, for that period. In preparing these financial
statements, the Trustees are required lo..
select suitable accounting policies and then apply them consislenlly.,
observe the methods and principles of the Charities SORP IFRS 102);
make judgments and accounting eslimatos that are reasonable and prudent:
slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any rllaleria
departures disclosed and explained in the financial stalemenls.,
prepare the financial statements on the gDing concern basis ut)less it is inapproprtale lo presume that the
Charity will wntinue in business.
The Trustees are responsible for keeping adequate accounling records that are sufficient lo show and explain
the Charitys transactions and disclose with reasonable accuracy al any lime the financial position of the Charity
and enable Ihein lo ensijre th81 the financial statements comply with the Charities Act 2011, the Charity
IAccounls and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and d61eclion of
fraud arid other Fr￿gUlarIties.
Approved by order of the membèrs of the board of Trusteas and signed on their behalf by..
Robèrt Pèrcy Mercer
{Trusleel
Date..
2110212023
Page 4

MERCER FAMILY CHARITABLE FOUNDATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Independent Examiner's Report to the Trust88s of Mercer Famlly Charitable Foundation I'the
Charity'l
I report lo the charity Trustees on my examination of the accounts of the Charity for the year ended 30
September 2Q22.
Respon$ibllities and 8asls of Report
As the Trustees of the Charity you are responsible for the preparation of the sccounls in accordance with the
requirements of the Charities Act 2011 I'lhe 2011 Act'i.
I report in respect of my examination of the Charity's accounts Carried out under section 145 of the 2011 Act and
in ￿rryIng out my examination I have followed the applicable Directions given by the Charity Commission tjnder
section 14515llbl of the 2011 Act.
Page 5

MERCER FAMILY CHARITABLE FOUNDATION
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Independent Examinèr's Statemènt
Since the Charl￿5 gross income exceeded £250,000 your examiner myst be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member
of FCCA, which is one of Ihe listed bodies.
Your allenlion is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting an
Reporting by Charities.. Statement of Recommended Practice applicable lo charities prepaTing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference lo the Accounting and Reporting by Charities- Statement of Recommended Practi￿ issued on 1 April
2005 which is referred to in the exlanl regulations but has been withdrawn.
l understand Ihal this has been done in order for the accounts to provide a true and fair wew in aocordance wlh
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed rny examination. I confirm that no matters have come lo my allenlion in connection with thè
examination givino me cause lo believe that in any material respect".
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or
the accounts do not accord with those r8¢ords', or
the accounts do not comply with the applicable requirements concerning the form and content ol
accounts sel out in the Ch8rilies (Accounts and Reports) Regulations 2008 other than any requirement
that the 8ccounts give a Yrue 2nd fair. view which is not a matter considered as part of an independent
examination.
I have no COn￿rnS and have come across no other mallers in connection with the examination lo which
allenlion should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached.
This report is made solely lo the Charity's TrLJStees, as a body, in accoTdanGe with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stale to the Charity's
Trustees those mallers l am required lo stale lo them in an Independent examiner's report and for no other
purpose. To Ihe fullest extenl permitted by law, I do not accepl or assume responsibility lo anyone other than the
Charity and the Charills Trustees as a body, lor my work or for this Teport.
Signed..
Dated. 1610312023
T Lunt
BA FCCA MIRPM
WR Partners
Shrewsbury Business Park
Shrewsbvry
Shropshire
SY2 6LG
Page 6

MERCER FAMILY CHARITABLE FOUNDATION
STATEWJENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Unrestricted
funds
2022
Total
funds
2022
Tolal
funds
2021
Note
Income from:
Donations and legacies
277,376
277,376
267.350
Total income
277,376
277,376
267,350
Expenditure on:
Charitable activities
285.776
285,776
250, 774
Totsl expenditure
285,776
285,776
250, 774
Net movement In funds
8,4001
18.4001
16,576
Reconclliation of funds-
T()lal funds brought forward
495,847
495,847
479.271
Total funds carried forward
487.447
487,447
495,847
The Stalemenl of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 10 15 form part ofthese financial ststements.
P8ge 7

MERCER FAMILY CHARITABLE FOUNDATION
BALANCE SHEET
AS AT 30 SEPTEMBER 2022
2022
2021
Note
Fixed assets
Current assets
Cash at bank and in hand
489,055
497.271
489,055
497,271
Credrtors.. 8moLtnls falling due wtlhin on&
11,6081
(1,424)
Nel current assets
487,447
495,847
Total assets less current liabilitles
487,447
495,847
Totsl net ass¢ts
487,447
495,847
Charlty funds
Reslrlcled funds
Unreslricled funds
487,447
495,847
Total funds
487,447
495,847
The financial Slalernents wére appToved anc¢ aulhorised for issue by the Trustees and signed on their behalf by..
RoE)ert Percy Morcer
Date..
2110212023
The notes on pages 9 10 15 fomi part of these financial stalemenls.
Page 8

MERCER FAMILY CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
General information
The Mercer Charitable Foundation is a Charitable Incofporaled Organisalion registered 17 April 2018.
The Mercer Family Charitable Foundation supports activities and init181ives run by organisalions
including Charities and community groups that dèliver benefit in one or more of the following categories.,
Education, Healthcare, Community.
Accounting policSes
2.1 Basis of preparatlon of financial statements
The financial statements have been prepared in accordance w71h the Ch8rilies SORP IFRS 102)
Accountin9 and Reporting by Charities.. Statement of Recommended Practice applicable lo chaTilies
preparing their accounts in accordance with the Financial Reporting SlandaTd applicable in the UK
and Republic of Ireland IFRS 1021 leffe¢livé 1 January 2019), the Financial Reporting Standard
appli¢8ble in the UK and Republic of Ireland {FRS 102) and the Charities Act 2011.
The financial statements have been prepared lo give a 'tr(Je alld fair. view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only lo the extent required lo provide 8 'lrue
and f8irf view. This departure has involved following the Ch8rities SORP IFRS 1021 published i
October 2019 rather than the Accourrting and Reporting by Charities.. Slalemenl of Recommended
Practice effective from 1 April 2005 which has Sin￿ been withdrawn.
Mercer Family Charitable Foundation meets the definition of a public benefit enlily under FRS 102.
Assets and liabilities are initially recogni8¢d 91 historical cost or transaction value unless olheN4isè
slated in the relevant accounting policy.
2.2 Income
All income is recognised once the Charity has entillemenl to the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
2.3 Expenditure
Expenditure is recognised Once there is 3 legal or constructive obligation lo transfer economic benefit
to a third party, il is probable that a transfer of economic benefits will be required in sellSement and
the amount of the obligation can be measured reliably. Expenditure is classified by aclivily.
Expenditure on charitable aclivilie5 is incurred on directly undertaking the a¢livilies which further the
Charity's objectives, as well as any associated support costs.
Grants payable are ch8rged in the year when the offer is made except in those cases where the offer
is conditional. such giants being recognised as expenditure when the conditions attachin9 are
fulfilled. Grants offered subject lo conditions which have not been met at the yèar end are noted as a
Gommitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
Page 9

MERCER FAMILY CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Accountlng policies Icontinuedl
2.4 Interest r8celvable
Interest on funds held on deposit is included when re￿Ivable and the amDunl can b8 measured
reliably by the Charity., this is normally upon nolificalion of the inler&st paid or payable by the
institution with whom Ihe funds are deposited.
2.5 Cash at bank and In hand
Cash al bank ancl in hand includes cash and short-terrn highly liquid investments with a short malurty
of three months or less from the dale of acquisition or opening of the deposit or similar account.
2.6 Liabilities and provisions
Liabililios are recognised when there is an obligation al the Balance sheet dale as a result of a past
event, il is probable that a transfer of economic beneftl will be required in selllemenl, and the amount
of the selllemenl can be estimated reliably.
Liabilities are recognised al the amount that the Charity anlicipales il will pay lo sellle the debt or the
amounl il has received as advanced payments for the goods or services it must provide.
Provisions are measured al the best estimate of the arnounls required lo sellle the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discoun16d al the pre-tax discount rale thal reflects the risks specifi¢ lo the liability. The
unwinding of the discount is recffjnised in the Slalemenl of financial aclimlies as a finance ¢osl.
2.7 Flnancial instruments
The Chaiily only has financial assets and financial liabiifcies of a kind that qualify as basi¢ financial
inslrumenls. Basic financial inslrurnenls are initially rewgnised al transaction value and subsequently
measured al their sèlllemenl value with the exception of bank loans which 8re subsequently
measured al amortised cost using the effective interest method.
2.8 Fund accounting
General funds are unreslricled funds which are available for use al thé discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Page10

MERCER FAMILY CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Income from donatlons and legacies
Unrestricted
fund5
2022
Total
funds
2022
Total
funds
2021
Donations
277,376
277,376
261,350
Tolal 2021
267,350
267,350
AnalysSs of expenditure on Charitable activitles
Summary by fund type
UnrestYScted
funds
2022
Total
2022
Total
2021
Independent examination
Bank Charges
Grants paid
Professional fees
1.606
1,606
15
284,156
1,423
28
284,155
249,023
300
285,776
285,776
250, 774
Total 2021
250, T74
250, 774
Page 11

MERCER FAMILY CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Analysis of expendituro by actlvities
Actlvities
undertaken
directly
2022
Support
costs
2022
Total
funds
2022
Total
funds
2021
Independent Examination
Bank Charges
Grants lo Inslitullons
Professional Fees
1,6(
1,606
1,423
28
249.023
300
284,155
284,155
284,155
1.821
285.776
250, 774
Total 2021
249,023
1,751
250, 174
Grants to InstStutlons
2022
2021
Farm Fresh
Rainbows
FCN
Village by Village
Nuffield International
Liberty Liberty
Sl Giles
Farmers Company
Just Farmers
HarperAdams
Chrons & Colitis
E)ream Holidays
Period Power
c￿le R Cycle
Grants to Other Inslil(Jlions
25,000
25,000
60,000
50,000
20,000
20,000
18,023
15,000
12,000
10,000
10,000
20,000
21,155
15,000
12.000
10.000
35,000
6,000
5,000
5.000
5,000
3,000
70,000
105,000
284,155
249,023
Page 12

MERCER FAMILY CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Independent examinerfs remuneration
2022
2021
Fees payable lo the ChaTiVs independenl examiner for the independent
examination of the Charity's annual accounts
1,608
1.423
Trusteos. remuneratlon and expenses
During the year, no Trustees received 3ny remuneration or other benefits (2021 £NILI.
During Ihtr year ended 30 September 2022, no Trustee expenses have beén incurred (2021- £NIL).
Creditors.. Amounts falling due within one year
2022
2021
Aeeruals
1,608
1.424
Page13

MERCER FAMILY CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
10. Statement of funds
Statement of funds- current year
Balance at
30
September
2022
Balance at 1
October
2021
Income Expenditure
Unrestricted funds
General Funds- all funds
495.847
277.376
{285,7761
487,447
Statement of funds - prior year
Balance 81
30
S6plember
2021
B21ance at
l October
2020
InconF8 Expendilu
Unrestricled funds
General Funds- all funds
479,211
267,350
(250, 774J
495, 847
11. Summary offunds
Summary offunds-currentyear
Balance at
30
September
2022
Balance at 1
October
2021
Income Expenditure
General funds
495,847
277.376
1285,7761
487,447
Summary offunds- prioryear
Ba18nce al
30
September
2021
B818nce al
l October
2020
Income Expendilute
General funds
479.211
267,350
(250, 774)
495, 847
Page 14

MERCER FAMILY CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Analysis of net assets between funds
Allalysis of net assets between funds - current year
Unrestrl¢ted
funds
2022
Total
funds
2022
Current assets
Credrtors due within one year
489,055
(1,6081
489.055
11.6081
Total
487,447
487,447
Analysis of net assets between funds - prior year
Llnreslncled
funds
2021
Tot81
funds
202f
Current assets
Creditors due within one year
49T,271
(1,424)
497.271
{1,424J
Total
495,847
495,84T
13. Related party tran5actlons
Ouring the yèar ending 30 S8plember 2022..
S8lly Mercer and Rob Mercer (Trustees) are Trustees of Farm Fresh Revolution to which a grant was
given of £25,QOO.
Donation8 were received from..
Mercer farming Ltd - £69,300 - Alec Mercer and Roger Me￿r (Trustees) are directors of the company.
- Tom Mercer Limited - £22,700- Tom Mercer and Roger Mefcer (Trusleesl are current directors..
M & RM Inveslment8- £1 $,500- Sally Mercer and Rob Mercer (Frusteesl are Current directors.
-Packinglon Free Range- £119,000- Alec Mer￿r and Rob Mercer (Trusleesl ara current directors.
-Mer￿r Farm Partners - £42,600- Alec Mercer and Tom Meroer ITruslees) are current directors.
There are no balances outstanding.
Page 15