Charlfy registration numb•r 1180415
THE MATHER FAMILY CHARITABLE TRUST
ANNUAL REPORT
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024

THE MATHER FAMILY CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr T N Mather
Mrs S L Mather
Miss A S Mather
Mr H M G Mather
Ms K G Mather
Charlty number
1180415
Prlnclpal addrès$
All8s 3
Sl George's Square
Bolton
Auditor
Bartow Andrews
Carlyle House
78 Chorley New Road
Bolton
Bankers
Irirgin Money
Sund6rland
Investment advisors
Inveslec Wealth & Investment Ltd
3 Hardman Street
Spinningfields
Manehesler
Quilter Che￿Ol Investment Management
4th Floor
The Pinnacle
73 King Slrèel
Man¢he81er

THE MATHER FAMILY CHARITABLE TRUST
CONTENTS
Page
Tiuslees, report
Slalemenl of Iruslees, responslblli1Ses
Ind&p8ndent auditor's report
Statement of ftn3neial 8Ctivilies
Balance sheet
Slalemenl of cash flows
Notes lo the finandal sl8temenls
10-16

THE MATHER FAMILY CHARITABLE TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5APRIL 2024
The Iruslees prèsent their report and financial slalemenls for the year ended 5 April 2024.
The financial slalemenl8 have been prepared In 8ccordance with th& accounting ptsliaes sel out in note 1 to the
financAal slalemenls and comply wllh the Irusl's trust dèed, the Gharilles Aet 2011 and"Accounling and Reporting by
Charities.. Slalemenl of Recomrnended Practice appllcable lo charities preparing their acwunls in accordancè with
the Financial Reporting Standard applicabl8 in the UK and Republic c*f Ireland IFRS 102) (effèctive 1 January
20191"
Oblectives and actlvltles
The objectives of thè Charity are lo support charitable causes by making grants. Income and capltal ol the tru81 is to
be used. in whole or part, exclusively for the benefit of charitable purposes al the discretion of the Iruslees.
The legally permitted objeGtlve8 are wide and cover genOT8lly accepted charitable objects.
Public benefit
The Iruslees havè paKI due regard lo guidance issued by the Charity Commlssion in deciding what activities Ihe
trust should undertake. Each year the Iruslees will review the objeclwes and acllvilies of the charity lo ensure that
they conlinue lo reflect their aims and lo provide public benefit. The Iruslees are more than satisfied Ihal they do.
Grant makingpolicy
The trust h8S èstablished ils grant making policy lo achleve ils objeclives for Ihg publlc beneffil. Grant requests are
received by the Iruslees on an indivldu81 basis.
During 2022, the trust purch39@d the land of a golf course. The trust 18 worklng alongside The Woodland Trust lo
cary out a rewilding prolecl on the golf course. This project forms part of the liust's environmen181 objectives.
Achievèments and perfom)ancè
SignifJ¢ènl aelivilies and aGhlÉ¥vemenls 8g8insl objèctives
The results lor the year endèd 5 April 2024 arè set out in the Statement of Financial Activities on pagè 7. The charily
h88 made 2212023.. 251 grants lo charitable causes lolalling £422,67312023.' £403,098). Thé IrLtslees considèr the
perfortn8n¢e of the inveslmernls lo be salisladory.
Flnanclal review
The principal funding source is income received through donations from members of the Mather family. The
donations were in Ihe form of shares which havo been placed into an inveslrnenl portfolio. Details of the assets of
the charity are given on the balance sheet on page 8 to the accounts. The trustees confirm that the charity's assets
are av8il8blè and adequate lo fulfil ils obligations as they fall due. 11 is the policy ol the charity lo ensure sufficient
funds are avallable lo cover donations payable, and managÈmenl and administration cosls for the foreseeable
future. The trust deed doès ntst Testricl the Snvèstment powers of the trustees.
Ttslal re8erv8s at the year end are £8,725,039 12023.. £8,320,177), which Includes a lolal of £7,634.124 12023..
£7,241,799} in an invèslmenl portfollo. Free reserves sland al £7,903,575 {2023.' £7,498,713) after removing
amounts included wtthin lanoible fixed assets. All reserves are unrestricted.
Investment poliGy
The Iruslees seek lo inve51 in a bal8nc8d risk portfolio lo try and achieve a level of return sufflcSenl lo fund the
normal levels of aharitable donations in any one-year peiiod. The Iruslees en8ure donalion5 made do not exceed
the level ol return geneialed from the balanced risk porifolio.
Major
The Iruslèès have assessed thè major risks lo whlch the trust is exposed, and are Satisfi￿ that systems are in
place lo miligale exposure lo the m8lor risks.

THE MATHER FAMILY CHARITABLE TRUST
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2024
Plans for future perlods
The Mather Family Charitable Trust Is 8 laslSng leslimony lo the generosity and philanlhropie concern5 of the M8lher
family. The need lor aid seems never ending and the Iru51ees plan lo continue doing what they can lo assist.
However, the Iruslees r221ise that they musl use the resources they have wisely. The Iru51è8s will continue to
Consider all requests for donations and will seek to make donation5 for charilable purposes that fully meet the
charity's aims and objectives.
Structure. governance and management
The Mather Family Charitable Trust was registered with the Charity Commission on 23 Octobèr 2018 under charfty
number 1180415.11 is governed by a deed of trust dated l June 2018.
The Iruslees who seNed during the year and up lo the dale of signaturè of the financial 8talèmenls were..
Mr T N Malher
Mrs S L Mather
MissA S Mather
Mr H M G Mather
Ms K G Malhei
Recmitm&nt &nd &ppolnlmenl of trustees
New ITuslÈes are appointed by the selllors and thereafter by resolution ¢>f the Ir¢Jstees. On appoinlment of a new
Iruslee, the èxlsting Irustees explain lo the nèw trustee the decision-making process of the trust and provide an
overview of the administrative procedures employed by the trust.
No Iruslee or connected person may rèceive any payment of money or olher material b&nefits {whelher dlrect or
indi￿¢1> from the charity except for 8Ctwilies that fall wlhin the charltls objectives.
Mr J Rhodes is contracted by the trust lo fulfil a m3nagement role, maintaining th& trust's day-to-day aclivllies and
revt&wing potential reciplenls of grdntsldonations. From these shortlists of potential donees, the Iruslees make the
rinal decision as to whom the donations are made.
The Iruslees, re
orl was approv&d by the Board of Truste68.
Mr T N M81hor
Trustee
25 November 2024

THE MATHER FAMILY CHARITABLE TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 5 APRIL 2024
The Iruslee8 8Te responsible for preparing the Tru81èes' Repori and the financial slalemenls In accordance with
applicable law 8nd United Kingdom Awunling Standards Iuniled Kingdom Generally Acceptèd Accounting
practi￿).
The law 8pplieable lo charilles In England and Wale8 requires Ihe Iruslees lo prepare financial ststemenls for e8eh
financial year whl¢h glve a true and falr vlew of the slate of alfairs of the trust and of the incomlng resources and
8pplicalitsn of resources of the Irusl for that year.
In prepsrfng these financial slalemenls, Ihe Iruslees arè required lo..
select suitable accounllng polirAes and then apply them conslslenlly..
. observe thè methods and prlnciples in the Chaiities SORP..
make judgem&nts and e61imales that ar6 reasonable and prudent.,
slate whether applicable accounting standards have been followed, subject lo any matèrial departures dlsijosed
and explained in the finani#al slalements,. and
prepare th@ financial slalemenls on the going concern basis unless it is inappropriate to PTesume Ihat the charity
will continue in operation.
The truslees are responsible for keeping sufficient accounting records that di8¢108e with reasonable accuracy al any
lime the financial position of the trust and enable them lo ensure that the financlal slalemenls comply with the
Charities Act 2011, the Charlly (Accounts and Reports) Regula110n5 2008 and the prow5ions of the trust deed. They
are also responsible for safeguarding the 8sSÈts of the trust and hènce for taking reasonable sleps for the
prevention and detection of froud and other irregularllles.

THE MATHER FAMILY CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE MATHER FAMILY CHARITABLE TRUST
Oplnlon
We have audited the financial slal8menls of The Mather Famity Charitable Trust Ilhe Yrusy) for the yeaT ended 5
Aprll 2024 which comprise the slalernenl of finanrAal acliwlies, the balance sheet. the 51alemenl of cash flows and
notes lo the financial slalemenls. induding slgnificanl accL)unllng policies. The financial reporting framewoirk (hot
has been applied in their preparalion 15 applS¢able law and United Kingdom Accounting Standards. includlng
Financial Reporting Standard 102 Thè Financial Reporting Standa￿1 ￿ppI￿able in the UK and Rgpubllc of I￿land
Iunilèd Kingdom Generally AC￿pIed Accounting Practice).
In our opinion, the financial slalemenls..
give a true and fair view of the slate of the charity's affairs as al 5 April 2024 and of ils Sncoming resources
and application of resources, for the year then ended.,
have been properly prepared in accoTdance with United Kingdom Generally Accepted Accountlng Pradice.,
and
have been prepared in accordance with the requlremenls of the Charities Act 2011.
Basis for opinlon
We conducted Dur audit in accordanee with Inlemallonal Standards tsn Auditing (UK) IISAS (Um) and applicable
law. Our responslbililies under Ihose slandardg are further described in the Audilorfs respon&ibililies for th& audit of
the finanGial slat8nJ&nts section of our rèptsrt. We are Independent of the Iwsl in accoidanc8 with the elhl¢al
requlrements that are rèlevant lo our audit of the financial statements in the UK. including IhÈ FRC'S ElhS¢al
SlandaTd, and we have fulfilled our other ethical responsibilities in 8ccordanTr wlh thèse requirements. We believe
Ihal the audit evldencè we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Concluslon$ relatlng to golng concern
In auditing the financial slalemenls. we have concluded Ihal thè Iruslees, use ol the going concem basis of
accounting in th& preparation ol the financial slalemènts is appropriate.
B8sed on Ihe WOTk we have performed, we have not idenlSfiÈd any materi81 uncertainlies re181ing lo events or
conditions that, individually or collectively, may cast significant doubl on the Iru8t'S ability lo conllnue as a going
concern for a p&riod ol al least twelve months from when the financlal slalemenls are aulhorised for issue.
Our responsibilitie5 and th& responsibilrtles ol the Iruslees with respect lo golng concein are desuibed in the
relevant seetions of this report.
Othèr Information
The oiher informalFon comprises thè information in¢luded in the annual report other Ih8n th6 financial slalemenls
and our auditor's ￿port thereon. The Iruslees are responslble for the other Information conlainttd within the annual
report. Our opinbon on the finanaal slalemenls does not cover the other infomali(Trn and we do not express any form
of assuran¢e condusion Ih&reon.
Our responsibility 18 to read Ihe other Information and, in doing so, ¢onsider whether the other informallon Is
malerSally inconsislenl with the financial statements or our knowledge oblalned in the course of the audit, or
olheTwise appears lo be m81eri8lly rnisslaled. If we identify such material inconsistencies OT apparent malerfal
misstalemenls, we are required to determine whether this gives rise to a material misslatemenl in the financial
statements IhemsÉlves. If, based on the work we have performed. we conclude th81 thèrè is a matèrial
misstatement of thls olhtsr information, w& are required lo report that fact.
We have nothing lo report in this regard.

THE MATHER FAMILY CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF THE MATHER FAMILY CHARITABLE TRUST
Matters on whleh we are requlred to report by exception
In light ol the knowledge and understanding ol the charity 8nd Ils environment oblaSn8d in the course ol the audit,
we have not identified material mis51alemenls in the Iruslee5' report.
We have nothing lo report in resped of the following matters In relation to which the Charities (Accounts and
Reports) Regulations 2008 require ug lo report lo you if, in our opinion..
the information glven in the Iruslees, ￿port is inconsistent in any material respect with the financial
$latemenls', or
sufficient accounllng recckrds have not been k&pl', or
the financ(al slalemenls are not in agreement with the accounting records. or
we have not recelved all the information and explanations we requlre for our audit.
Responsibilltle$ of trust￿8
A5 explainèd more fully in the slalemenl of Iruslees. responsibilities, the Iruslees arè responsible for the preparation
of the financial statements and for bèing satisfied that they give a true and fair wew, and lor such internal control as
the Iruslees determine is necessary lo enable the p￿paratIon of financial slalemen15 that arè free from material
misslalemenl, whelher Iluè lo fraud or errol.
In preparing the financial slalemenls, U)6 trustees are responslble for assessing the Iwsl's ability lo conllnue as a
going ¢on¢ern, disc105ing, as applirablè, mallers related lo go1ng concern and using the going concern basls of
accounting unlèss the Iruslees either intend lo ¢ease operations, or have no realistic allernalive bul tr) do so.
Audlto*s responsibilitie5 for thè audlt of the financial Ètatèments
We have been appointed as auditor under section 145 01 thè Charities Act 2011 and report in accordance with the
Act and ielèvant regulations made or having effeel Ihereundèr.
Our objectives are lo obtain reasonablè assurance about whether the financial statements as a whole are free from
rnalerial misstatement, whether due to fraud or error. and lo Issue an auditor's ieport th81 includes our opinion.
Reasonable assurance is a hlgh level of assurance bul is not a guaranteè that an audit conducted in accordance
with ISAS IUKI will alw8y8 delecl a malerial misslalèmenl when il exists. Misstalemenls can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influènce
the econom1¢ decIs￿nS of useis taken on the basi$ of these financial statements.
Irregularilies, including fraud, are instances of non-compliance with laws and regulatlons. We design Pfoeèdures in
Ilne with our responsibilities, oullin6d above, lo delecl Tllal8rSal misstatements in respect of irregularilies, Sncluding
fraud. Thè extent lo which our procèdures are capable of delecling irregularities, Including fraud and non-
compliance wilh laws and regLJlalions. was as follows..
th6 engagement partner ènsured that the engagement team collec1we￿ had thè appropriate competence,
¢ap8bililies and skills lo Idenllfy or recognise non-compliance with applicable laws and ￿gulations..
we identified the laws and regulations 8pplicable lo the charity IhT(iugh discussions w51h Iruslees and other
management, and from tsur commercial knowledge and experlence of the ¢h3rily sector,.
we focused on specific18ws and regulations which we cjnsidered may have a dlreel material effect c>n the
finan¢ial statements or the oper81ions ol the charity. including the Charilies Act 2011.,
we a55essed the exlenl of compliance with the laws and regulations identified above through making
enquiries of m8n8gemenl-, and
identified laws and regulations were comrnunicaled within the audit team regularfy and the team remained
alert lo instances of non-compliance throughout the audll.
We assessed the susceptibility of the charitvs financial statements lo malerkgl mlsslalemenl, including obtaining an
understsnding of how fraud mlghl occur, by..
making ènquiries of management as to where they consldered there was suscepllbllily lo fraud. Ihtslr
knowledge of actual, suspected and alleged fraud.. and
considering the internal ¢onlrds in place lo miligale risk5 of fraud and non-compliance with 18ws and
regulations.

THE MATHER FAMILY CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE MATHER FAMILY CHARITABLE TRUST
To address the risk of fraud through rnanagemenl bkqs and overrlde of controls. we..
performed analytical procedures lo idenlfy any unusual or unexpected rèlallonships.,
confirmed no journal entries have beèn made by management,. and
confirmed no estimates have been made by management.
In response lo the risk of Irregularllles and nonAcomplLgnce wilh laws and regulations, we designed procedures
which included, bul were not limited lo..
agreelng financial slalement disclosures lo underlying supporting documenlalion.,
reaLling the minutes of rlleellngs of those charged with governance.,
enquiring of management as to actual and polenllal IlligaliDn and clalms.
There are Inherent limitations In our audit Procedures describeil above. The more removed that laws and
regulations are from financial Iransacllons. the less Ilkely il is that we WOLJld become aware of non-cornpliancè.
Auditing standards also limit the audit procedures required l(Tr idèntify non.compli8nee with laws and regulations lo
enqulry of the Iruslees and other management and the inspecllon of regulatory and legal ¢orrespondence, if any.
Material mi8$lalèments Ihal arise due lo fraud can be harder to delecl that those that arise from error as they may
involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of (he financial stalernenls 18 lo¢aled on the Flnan¢i81
Reporting Council's website al: uthw.frc.org.uklaudilorsr8sponsibililies. Th18 description forms part of our audllor's
report.
Use of our report
This rèport is made solely to the charity's Irusl8es, as a body, in accordance with part 4 of the Charities IA¢¢ounls
and Reports) RegulalioT)s 2008. Our audll work has beon underlaken so th81 we might slate lo the charitys Iru$lÈes
those mallers we are required lo s18te lo them in an auditor's report and for no other purpose. Tts the fullest extent
permilled by law, we do not accept or 8ssume responsibillly lo anyone other than the charity and th9 charity's
Iru$lees as a bixjy. for our audit work, for this report, or lor the opinions wè have forrned.
Allson Comes Isenlor Statutory Audltorl
for and on behalf of Barlow Andrgws LLP
25 November 2024
Chartered Accountants
statutory Auditor
Carlyle House
78 Chorley New Road
Bolton
Badow Andrews LLP is eligible for appolnlmenl as audiloi of (he trust by wrtue of ils èligibility lor appointment a5
audllor of a cornpany under section 1212 01 the Companies Act 2006.

THE MATHER FAMILY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
Unrèstricted
funds
2024
Unrestrlcted
funds
2023
As restated
Notès
In¢omè from:
Dtsnalions and legacl8s
Investments
406,572
177,762
526,154
160,836
Total incomè
584.334
686,990
Expenditure on-
Charilable aclivilles
577.081
564,422
Total expendlture
577,081
564,422
Nel gainslllosses) on invèstments
12
397,609
1932,956)
Net Incomellèxpenditurel and movement In funds
404,862
1810.3881
Reconciliation of funds:
Fund balances al 6 April 2023
8,320,177
9.130,58S
Fund balances gt 6 Aprll 2024
8,725,039
8,320,177
The statement of financi81 a¢livilies inrjudes all gains and losses recognlse(1 Sn the year. All income and èxpenditure
derive from continuing aclivilies.

THE MATHER FAMILY CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2024
2024
2023
As restatèd
Nots8
Flxèd assets
Tangible a55ets
Investments
q3
14
821,464
7,858,747
821.464
7,498.217
8,880.211
8,319,681
Current assets
Debtors
Cash at bank and in hand
15
151.254
80.800
763
177,430
232,054
178,193
Credltor8: amounts falllng due wlthln
one year
17
1167,2261
1102,6971
Net current assets
64,828
75,496
Total assets less currènt Ilabllltles
8,745,039
8,395,177
Creditors.. amounts falllng duo after
more than one year
18
(20,000)
175,OQOI
Net assets
6,725.039
8.320,177
The funds of the trust
Unrestricted funds
20
,725,039
8,320,177
8,725.039
8.320,177
The ffinancial statements were approved by the Iruslees on 25 November 2024
Mr T N Mather
Trustse

THE MATHER FAMILY CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5APRIL 2024
2024
2023
Notès
Cash flows from op&ratlng activitie$
Cash absorbed by operations
24
1718,0421
1578,020)
Investing actlvltles
Purch8se of investments
Proc8èds from disposal of investments
Inveslm@nl income rectslvèd
{1,506,725}
1,918,580
177,762
11,122.031)
1,019.204
160,836
Net cash gener•ted from Investing
actlvltlgs
589,617
58,009
Nèt cash usèd In financlng activiti
Net decregse In cash and cash frqulvalents
{128,4251
1520,0111
Cash and cash equivalents al beginning of year
433,848
953,859
Cash and ca$h equlvalènts at end of year
305,423
433,848
Relating to:
Cash al bank and in hand
Shurt term dèposits included Current asset
inveslrnenls
80,800
177,430
224,623
256,418

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5APRIL 2024
Accounting poll¢les
Charity inforniatlon
The Mathèr Family Charitable Trust is a charity established under Iwsl deed. The pilnclpal off￿e is Atlas 3, 46
Sl Georye's SquarE. Bolton.
1.1 Accounllng convention
The financial slalements have been preparèd in accordance wllh the trust's Irusl deed, the Charllles Act 2011
and "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice 8pplieable lo charitiès
preparing their aceounls in ac¢ord8nce wilh the F1nancial Reporting Standard appllcable in the UK and
Republic of Ireland IFRS 1021 l&ffe¢tive 1 January 20191. The trust is a Public Benefit Enlily as defined by
FRS 102.
The financial slalemenls are prepared in sterling. which is the fundional currenoy of the trust. Monetary
amounls in these finanryal statements arts rounded lo the nearest £.
The financ181 slalemenls have b&Èn Prepared under the hislorlcal cost convention, modified lo Include certain
finanaal insltumenls al falr value.
1.2 Prior period èrror
A prior period adjuslmÈnl has been undertaken lo recognlse grants payable in which the charity was
committed lo in a previous fln8n¢ial year.
A deiailed analysis of the adjustment has been included in the financial slalemenls as per note 25.
1.3 Golng concern
Al the Ilme of approving the finaneial slalernenls, the Iruslees have a reasonable expectation that the trust
has adequate rèsources lo continue in operalional exlslèncè for the foresee8ble future. Thus the Iruslees
continue lo adopt th& going concern basis of accoLJnling in preparing the financial 5ts1èmenls.
1.4 Charltable funds
Unrestricted funlls are available for use al th8 discretion of the trustees in furtherance of Ihelr charlt8b
obje¢tivès.
1.S Incomè
Income is recognised when the trust Is legally enlilled lo it after any perftsrmance conditions have been mel,
the amounts can be measured ieliably, and il is probablè that income will be received.
Income from Ilsled investments is recognlsed al the ex-dividend date.
Cash donations are recognised on receipt.
Any donallons in the form of shares are recognised al market value al the polnl ol transfer lo the Trust.
10-

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
Accounting policiès
Icontlnued)
1.6 Exptndliure
Expenditure is recogni5ed once there is a legal or eonslruclive obllgalion to transfer economic benefit lo 8
Ihlrd party, il is probable that a Iransfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reli8bly.
Expenditure Is fecognised on an aC￿U&l9 basis.
Charilable expenditure comprises those costs incurred by thè tharily in the delfvery of ils activill&s 8nd
Services for ils benefi¢laries. It includes both costs that can be allocated directly lo such activities and those
costs of an indirect nature n&¢essary to support them.
Grants payable arg aecounled for when thè InJsleÈs have aacèpled a legal or moral obligallon and accounted
lor as resource5 expènded in the slalemenl of flnancial activities.
Governance costs Include those eosls assoclaled with meeting the conslitulional and slalulory requirements
ol the charity and include the audit fee.
1.7 Tanglble flxed assets
Tangible fixed assets relate lo freehold land which 18 not Ileprecialed.
1.8 Fixed 35set Investments
Flxèd asset investments are initially measured al Iransadion price excluding transaction costs, and are
subsequÈntly measured al fair value at each reporting dale. Changes In f81r value are recognlsed in nel
incomellexpendilurel for the year. Transaction costs are expensed as incurred.
1.9 Impairment of fixèd assets
Al each reporting end dale, the trust rewèws the carrying amounts of ils tanglble a88els lo determine whether
thère is any indication that those assets have suffered an impaiimenl loss. If any such indic8lion exists, the
recoverable Bmounl of the asset is eslimaled in oideF lo detèrmine the exlenl tsf the impairment loss lif any).
1.10 Cash and cash equivalents
Cash and cash equivalen15 in¢lude cash in hand and deposits held at call with bat)ks.
1.11 FlnancSal instruments
The trust has elected to apply the provisions of Secllon 11 'Basic Financl81 Inslrumenls, and Section 12 '01her
Flnancl81 Inslrumenls Issue5, tsf FRS 102 to all of its financial inslrumenls.
Financlal inslruments are recognlsed In the Irusfs balance shèet when the Imst becomes party lo the
contractual provi51ons of the inslrumenl.
Financial assets and liabililios are offset, with the nel amounts presented in the financial slalemenls, wher¢
there is a lègally enforceable right lo set off the recognised amounts and Ihertr18 an intention lo sellle on a nel
basis or lo reallse the asset and seltte the liability simultaneously.
84slc flnancialassets
Bas1¢ financial assets, which include deblors and cash and bank balan￿s. are Inllislly measured al
transaction price including Iransaelion costs and are subsequently carried al amorlised cost using thè effective
intere51 method unless the ariangemenl conslilules a finaneing Iransaclion, where the Iransacllon is
measured al the prÉsent value of the lulLJre receipts discounted al a market rale of Interest. Flnancial assets
cl8ssified as receivable wKhin one year are not amortised.
Baslc financial Ilabllltles
Basic financial liabilities. includlng creditors. are initially rèeognised at Iransacllon price. Financial Ilabililies
classified as p8y8ble within one year are nol Bmoriised.
11

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
Crltlc81 accountlng estimates and Judgements
In the application of the Irusl's accounting pollcSes, the Ifuslee8 are required lo make judgements, estimBles
and assumptions about the carrying amount of 8ssèls and liabililles that are not ieadlly apparent from olhèr
sources. The eslimales and ass0¢ialed assumption8 are based on hislorlcal experience and other faclors that
are considered lo be relevant. Actual results may differ from these estirnales.
The 851imal&s and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
eslimales are recognised in thè period in which the estimate is revised where the revl$ion affects only that
period, or in Ihe period of the revlsion and future perlods where the rewslon affects both currènt and future
perirxls.
Donations
Unrestri¢ted Unrostrlcted
fund5
funds
2024
2023
Donations and glfts
406.572
526,154
406,572
526,154
Invp$tm•nts
Unre5trictÈd Unrestricted
funds
funds
2024
2023
Income from listed inve81ments
177,762
160,836
Charltable activities
Charltable Charltsblè
Expendlture Expenditurè
2024
2023
AB rostated
Professional fees
74,070
68,162
Grant fundino of activities (see note 61
422.673
403.098
Shara of support costs l$ee note 81
Share of governance costs (see note 81
12,942
67.396
29,064
64,098
577,081
564,422
12-

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
Grants payable
2024
2023
As restated
Grants lo Inslilullons..
Access Sport
Cardiac Rlsk in the Young
Edith Cavell Fund
Pankhurst Trust
Earthwalch Europe
Just Drop In
Roald Dahl's MaNellous Children's Ch8rify
Wheelyboat Trust
East Cheshire Hospi¢è
Manchester University NHS Foundation
For the Baby's Sakg
Bollinglon
Sl Helens Book Slop
Read for Good
SlreÈllight UK
Other gfanls lo institutions
84,000
12,000
10,OOQ
37,500
10,000
11,125
102,833
22,250
111,076
10,000
50.000
23.204
10.000
15,(X)O
75,000
39,987
50,018
38,OOD
45,493
70,285
422,673
403.098
Net mov&mant in funds
2024
2023
The nel movement In funds is slated after chargingllcrediling)..
Fees payable for the audit of the charitys financial slalernenls
7,280
6,780
Supportcosts
Support Govèrnance
costs
costs
2024
Support Governance
costs
costs
2023
Bank charges
Conference costs
Website costs
Prc*fe55ion81 fèès
In8uran¢e
Audit fees
Consultancy
105
442
322
12,073
105
442
322
12,073
103
422
103
422
27.271
1,288
27.271
1.268
6.780
57.318
7.260
80.136
7,260
60,136
6,780
57,318
12.942
67.396
80,338
29,064
64,098
93.162
Governance costs In¢lLJdes £7,26012023'. £S,7801 for audit fees and £60,13612023'. £57,316) for consultancy
fees paid to Mr J Rhodes in relation lo his management role.
13

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
Trustees
None of the Iruslees lor any per80ns connected with them) received any remuneration or benefits from the
trust durlng the ygar.
10 Employees
There were no indNidu81s employed by the d)arity during Ihe current or prlor year.
11 Taxatlon
The charily is exempl from tsx Dn income and gains fallSng within section 505 of thè Taxes Act 1988 or secti(>n
252 of the Taxation of Chargeable Gains Acl 1992 to the exient that these are applied lo ils charitable objects.
12 Galns and losses on Inve$tmgnts
Unfestricted Unrèstrlcted
funds
fund6
2024
2023
Gainslllosses) arising on..
Revaluation of Investments
Sale of investments
372,850
24,759
1932,373)
1583)
397,609
1932.956)
13 Tanglble fixed assets
Freehold larEd
Cost
Al 6 Aprll 2023
821.464
Al 5 April 2024
821,464
Carrying amount
Al 5 April 2024
821,464
Al 5 April 2023
821.464
This relates lo land which is leased lo The Wi)odland Trust at no cost. A rewildlng projeot is being undertaken
as part of the Irusfs envlronmenlal objectives.
14-

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED S APRIL 2024
14 Fixed asset Inv&stments
Ltstsd
inv•stm&nts
Cash In
portfollo
Totsl
Cost or valuation
AI 6April 2023
Addition5
Valuation changgs
Re8llsed gain
Disposals
7,241,799
7,498,217
1.913,297
4,010,282
372,849
372,849
24,759
24,759
11,918,580) {2,128,7801 14,047.3601
256,418
2,096.985
Al 5 April 2024
7.634,124
224,623
7.858,747
Carrylng amount
Al 5 April 2024
7.634,124
224,823
7,858,747
The following investments individually represent greater than 5% 01 tho market value of the investment
portfolio..
146.800ordin8ry sharas
Auto Tr8der Group plc
£1,023,636
15 Debtors
2024
2023
Amounts falllng due wlthln one year:
Other debtors
Prépayments and accrued Income
50,000
1.254
763
51,254
763
2024
2023
Amounts falling due after morè than one year.
Other debtor8
100,000
Total dèbtors
151,254
763
Included within olher debtors is a loan made to another charitable organisallon for £150,(100. The Itsan is
inlerÈsl free for 12 mtsnlhs from the dale that the loan was Provided, then interest will be charged al 2°h for
the fr)Ilowing 12 months. Followlng this, interest will be charged al 3OA until the loan is fully repaid. Thè loan is
expacled lo be repaid within 3 yèars.
15-

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
16 Flnanclal Instruments
2024
2023
A5 restated
Corrylng amount of finan¢lal assets
Equily instrumen15 rneasurèd al fair value
Equity instruments measured al cost less imp8imènt
7,858,747
232.054
7,498,217
178,193
Carrylng amount of flnanclal Ilabllitlg5
Me8sured at amortised cost
187,226
177,697
17 Credltors: amounts falllny due within one year
2024
2023
As restated
Grants payablè
Accruals and deferred incorne
149,813
17,413
92,917
9,780
167,226
102,697
18 Creditors.. amounts falllng due after more than one year
2024
2023
A8 rèstatod
Grants payable
20.000
75,000
19 Grants payablè
2024
2023
As restated
As al 6 April 2023
New cornrnilmenls
Payments made
Commitments reversed
167,917
429.465
1420.77n
18,792>
181,616
404,774
{416.7971
{1.e761
As al 5 April 2024
169,813
167,917
Falllng due within one year
Falling due after one year
149.813
20,000
92.917
75.0
169,813
167,917
16-

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
20 Unrestricted funds
The unreslricled funds of the charity comprise the unexpended balances of donations and gran15 whlch are
not sublecl lo specific conditions by donors and grantor5 as lo how they may be used. These include
designated funds which have been sel aside out of unreslricled funds by the Iruslees for specifio purposes.
At 6 April
2023
As rèstated
Incomlng
resource8
Resources
èxpended
Golns and
lo$$•s
At S Aprll
2024
General lunds
8,320,177
584,334
1577,0811
397,609
8,725,039
Prèvlous year:
At 6 April
2022
AS reststed
Incomlng
resource5
Resources
expènded
As rèstatsd
Galns and
losses
At 5 Aprll
2023
As r￿tated
G&n8ral funds
9,130,565
686,990
1564.4221
1932,958)
8,320,177
21 Analysls of net 8$$ets betsveen funds
Unrestricted Unrestrlct&d
Funds
Funds
2024
2023
AS rostated
Fund balances al 5 April 2024 are r6presenled by..
Tangible assets
Investments
Nel current assets
Long lem Ilabllilles
821,464
821,464
7,858,747 7.498,217
64,828
75,496
120,0001
175,000}
,725,039 8,320,177
22 Relatsd party transactlons
During the period the Iruslèes made donations loialllng £408.572 12023.. £526,154) lo the charity. The
don81ions relate to the grft of shares into an investment portlollo. This has been included as a fixed asset
addition In the period.
23 Analys18 of changes In net funds
The trust had no material debl during the year.
17-

THE MATHER FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
24 Cash generat&d from operation$
2024
2023
As restated
Surpluslldefiall for the year
404,862
1810,3881
Adjusln)enls for..
Investment In¢ome recognised In slalemenl of financial a¢livilies
(Galnllbss on dispDsal of Investments
Fair value gains and losses on Investments
Gill ol shares
{177,7621
124,7591
1372,850>
1406,572)
1160,836)
583
932,373
{526,1541
Movements in working capital..
Increase in debtors
1ncreasellde￿ease} in credSlors
1150.491)
9.530
1393)
113,2051
Cash abÈorbèd by operations
<718,0421
1578,020>
26 Prlor perlod error
Recon¢llSatlon of ¢hang&s In net funds
6 April 2022 S April 2023
Adluslments to prior year
Tol81 adjuslmenls
Funds as prevlously reported
{87,1821
9,217,747
1167,9171
8,488,094
Funds as adjusted
9.130,565
8,320,177
Re¢onclllatlon of net movement In funds for the previous financial period
2023
Adjustments to prlor year
Total adjustments
Nel movement in funds as previously slated
180,735}
1729,653}
Nel M0￿ment in funds as adlusled
1810,388)
Following a review of the prior year financlal slalemenls, an adjuslmenl has been idenlified In regard Its the
recognilion of grants payable. Expenditure was underslated by £80,735, CTeditors less than one ye8r were
understated by £92,917 and cr&ditors more than one year were underslaled by £75,0(XJ.
11 was also noted that £87.182 of gfanls payable should have been rÈeognised in Ihe year endlng 5 April 2022.
This has been amended in the financial slalèments to decrease funds brought forward as al 6 April 2022 by
£87,182.
1B-