**REGISTERED CHARITY NUMBER: 1188773** ## Report of the Trustees and Unaudited Financial Statements for the Period 26 March 2020 to 31 January 2021 for ## MCKS Charitable Foundation UK MCKS Charitable Foundation UK ## Contents of the Financial Statements for the Period 26 March 2020 to 31 January 2021 ||Page| |---|---| |Report of the Trustees|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Notes to the Financial Statements|4 to 6| |Detailed Statement of Financial Activities|7| MCKS Charitable Foundation UK Re ori of the Trustees for the Period 26 March 2020 to 31 Janua 2021 The Iruslees present their rep)rt wlh the financial slalemenls of the charity for the period 26 March 2020 10 31 January 2021. The Iruslees have adopted the provisions ol Accounting and Reportin9 by Charities.. Slalemenl of Recommended Praclice applicable lo chaf11ies preparing their accoun15 in accordance with 1he Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leflective 1 January 20191 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils goveming do¢umenl, a deed of trust reflecting the ¢haril8ble objectives of the charitable incorporated organizalion ICIO). REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1188773 Principal address 81 Sl Mark5 Crescenl Maidenhead BERKS SL6 5DQ Trustees D Helheringlon Treasurer R Morrissy Chair K S Sura Secretary Approved by order of the board of Iruslees on and signed on ils behalf by.. Trustee Page 1 MCKS Charitable Foundation UK ## Statement of Financial Activities ## for the Period 26 March 2020 to 31 January 2021 |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
152,533
Investment income
2
2
**Total**
152,535
**EXPENDITURE ON**
Raising funds
950
**Charitable activities**
General charitable activities
105,479
Other
15,396
**Total**
121,825
**NET INCOME**
30,710
**Transfers between funds**
5
13,553
**Net movement in funds**
44,263
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
486,583
**TOTAL FUNDS CARRIED FORWARD**
530,846|Restricted
fund
£
13,332
-
13,332
-
-
-
-
13,332
-
13,332
-
13,332|Total
funds
£
165,865
2| |---|---|---| |||165,867
950
105,479
15,396| |||121,825| |||44,042
13,553| |||57,595
486,583| |||544,178| The notes form part of these financial statements Page 2 MCKS Charitable Foundation UK Balance Sheet 31 Janua 2 Unreslricled Resiricied fund fund Total funds Notes CURRENT ASSETS Cash al bank 532,746 13,332 546.078 CREDITORS Amounts falling due wlhin one year 11,9001 11.9001 NET CURRENT ASSETS 530.846 13,332 544,178 TOTAL ASSETS LESS CURRENT LIABILITIES 530.846 13,332 544,178 NET ASSETS 530,846 13,332 544,178 FUNDS Unreslricled funds Reslricled funds 530,846 13,332 TOTAL FUNDS 544,178 The financi I slalemenl$ were approved by the Board of Trustees and aulhorised for issue on Z21:.,..,I,z,o.;. and were signed on its behalf by.. Trustee The notes form part of these financial slalements Page 3 MCKS Charitable Foundation UK Notes to the Financial Statements for the Period 26 March 2020 to 31 January 2021 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 4 continued... MCKS Charitable Foundation UK Notes to the Financial Statements - continued for the Period 26 March 2020 to 31 January 2021 £ ## **2. INVESTMENT INCOME** Deposit account interest 2 ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the period ended 31 January 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the period ended 31 January 2021. ## **4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** Other creditors £ 1,900 ## **5. MOVEMENT IN FUNDS** |Net
At
movement
26.3.20
in funds
£
£
**Unrestricted funds**
General fund
486,583
30,710
**Restricted funds**
Centre Fund
-
13,332
**TOTAL FUNDS**
486,583
44,042
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
152,535
**Restricted funds**
Centre Fund
13,332
**TOTAL FUNDS**
165,867|Transfers
between
funds
£
13,553
-
13,553
Resources
expended
£
(121,825)
-
(121,825)|At
31.1.21
£
530,846
13,332
544,178
Movement
in funds
£
30,710
13,332
44,042| |---|---|---| Page 5 continued... MCKS Charitable Foundation UK Notes to the Financial Statements - continued for the Period 26 March 2020 to 31 January 2021 ## **6. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 31 January 2021. Page 6 MCKS Charitable Foundation UK |Detailed Statement of Financial Activities
for the Period 26 March 2020 to 31 January 2021
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Postage and stationery
Sundries
Grants to institutions
**Support costs**
**Governance costs**
Accountancy and legal fees
Exceptional items
Total resources expended
**Net income**|£
165,865
2| |---|---| ||165,867
444
35
105,000| ||105,479
1,346
15,000| ||16,346| ||121,825| ||44,042| This page does not form part of the statutory financial statements Page 7 ## TRUSTEES DECLARATION ## MCKS CHARITABLE FOUNDATION UK ## Registered Charity Number 1188773 Company Number CE021301 ## PERIOD ENDED 31/1/21 The trustees of MCKS Charitable Foundation UK present their annual report and accounts for the period leading to 31[st] January 2021 to comply with the requirements of the Charity Commission. ## **AIMS** MCKS Charitable Foundation UK (originally operating under a Declaration of Trust Deed dated 13/8/2012) registered as a Charitable Incorporated Organisation (CIO) in March 2020 and asset transfer completed to the CIO on 30 November 2020. The MCKS Charitable Foundation UK has the following objects: it was predominately established as a feeding program and as a vehicle to help other charitable organisations, which have a good fit with its objects. - The prevention or relief of poverty in the UK (England) providing grants, items and services to individuals in need and/or charities, and other organisations working to prevent or relieve poverty. - To relieve financial hardship, sickness, and poor health amongst elderly people. - The relief of those in need, by reason of youth, age, ill health, disability financial hardship or other disadvantage. - To promote such other charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine ## **FUNDRAISING** The foundation raised £165,865 (2020: £ N/A) in the three months to 31 January 2021 and paid out £105,000 (2020: £ N/A) to eleven charities. The charity wishes to extend its thanks and appreciation to The Institute of Pranic Healing UK (IPHUK), for its huge ongoing support, being responsible through its network of Instructors and trainers, healers, students, patients and wider family for the bulk of our increasing income, as well as for the further volunteered time and effort by their members to support and enhance the value of our donations with healing and other services. Naturally this gratitude extends to all the healer’s patients and family and the public who give so generously of their time and money. ## **DONATIONS** The Foundation is pleased to have been able to support eleven charities during this period, with the following main donations this year. - £10,000 to Brixton Soup Kitchen (Charity Reg No 1159976) - £5,000 to Caius House (Charity Reg No 1130066) - £10,000 to SHOC (Charity Reg No 1070689) - £5,000 to Wycombe Homeless (Charity Reg No 1156211) - £10,000 to Crawley Open House (Charity Reg No 1048919) - £25,000 to WhiteChapel Mission (Charity Reg No 227905) - £5,000 to Lothian Autistic (Charity Reg No SC021439) - £20,000 to Power of Parenting (Charity Reg No 1167772) - £5,000 to Winter Night Shelter (Charity Reg No 1149480) - £5,000 to Hope for Food (Charity Reg No 1162039) - £5,000 to Haven West (Charity Reg No 1179298) It is envisaged that total Income and Donations for the next financial year to 31 January 2022 will continue to rise, thanks to the continued development and growth of the IPHUK and its qualified Pranic Healers and their continuing generosity towards the needy. R&M ccountancy Independent Examlnerfs Report to the Trustees of MCKS Charitable Foundation UK Re8lstered Charlty Number 1188773 Company Number CE021301 I report to the trustees on rny examlnation of the financlal statements of the Company for the period 26, March 2020 to 31" January 2021. Responslbllltles and basls of report A5 the Chartlvs trustees of the Company you are responslble for the preparatlon of the flnancial statements in accordance wlth the requirements of the Companies Act 20061"the 2006 Act"). Having satisfied myself that the accounts of the Company are not requlred to be audited for the year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examinatlon of your charlty's Flnanclal statements a5 carried out under section 145 of the Charities Act 20111.the 2011 Act"). In carrylng out my examlnlatlon, I have followed the Dlrections glven by the Charity Commssion under section 1451511bl of the 2011 Act. My role is to state whether any materlal matters have come to my attention 8ivin8 cause to believe.. 11 that accountln8 records not were kept as requlred by 5ectlon 386 of the Companies Act 2006,. or 21 that the flnancial statements do not acciord wlth those records; or 31 that the financial statements do not comply wlth the relevant accounting requlrements under secton 396 of the Companies Act 2006 other than any requirements that the financial Statements give a "true and falrt vlew whlch Is not a matter considered as part of an llldependent examination- or 41 the financial statements have not been prepared In accordance with the Charities SORP IFRS1021 Independent examlnerfs statement I have completed rny examinatlon and have no concems In respect of the matters listed In111 to141 above and, In connectlon wlth followin8 the Directions of the Charity Commi55lon I have found no matters that requlre drawing to your attention. Robin Lawrence AFA R&M Accountancy Suite Ib, 18 Crendon Street High Wycombe Buskinghamshire HP13 6LS Dated 19, November 2021 Suite I b 18 Crendon Street High Wycombe Bucks HPI 3 6LS Tel..01494 524118 Robin Lawrence email.. robin.rmaccountanoQbtconnett.com