**REGISTERED CHARITY NUMBER: 1188773**
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 January 2022
for
## MCKS Charitable Foundation UK
MCKS Charitable Foundation UK
Contents of the Financial Statements for the Year Ended 31 January 2022
||Page|
|---|---|
|Report of the Trustees|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
|Cash Flow Statement|4|
|Notes to the Cash Flow Statement|5|
|Notes to the Financial Statements|6 to 11|
|Detailed Statement of Financial Activities|12|
MCKS Ch
rttable Found
of the
rus
for the Year Ended 31 Janua
2022
The tfustees present their report wilh the financial statements of the charity for the year ended
31 January 2022. The trustees have adopted the provisions of Accounting and Reporting by Charilies..
Statement of Recommondad Practice applicable to charities preparing their eccounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021
(effective 1 January 20191.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Goveming document
The chartty is controlled by f(s goveming document, a deed of trust reflecting Ihe charitable objectives
of the charitable incorporated OTgani&*ion (CIO).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1188773
Prtnclpal address
81 St Marks Crescent
Maidenhead
BERKS
SL6 50Q
Tru¥tees
D Helherington Treasurer
Ms R Morrissy Chair
K S Sura Secretary
Approved by order of the board of tru$lees on ........
. and signed on ils behalf by..
Tnjstee
Page 1
MCKS Charitable Foundation UK
Statement of Financial Activities for the Year Ended 31 January 2022
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
504,803
Investment income
3
7
**Total**
504,810
**EXPENDITURE ON**
Raising funds
4
-
**Charitable activities**
5
General charitable activities
228,937
Other
-
**Total**
228,937
**NET INCOME**
275,873
**Transfers between funds**
12
-
**Net movement in funds**
275,873
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
530,846
**TOTAL FUNDS CARRIED FORWARD**
806,719|Year Ended
31.1.22
Restricted
Total
fund
funds
£
£
25,733
530,536
-
7
25,733
530,543
-
-
-
228,937
-
-
-
228,937
25,733
301,606
-
-
25,733
301,606
13,332
544,178
39,065
845,784|Period
26.3.20
to
31.1.21
Total
funds
£
165,865
2|
|---|---|---|
|||165,867
950
105,479
15,396|
|||121,825|
|||44,042
13,553|
|||57,595
486,583|
|||544,178|
The notes form part of these financial statements
Page 2
CKS
arrtabl Fo
nd
ion UK
alance Sheet
31 Janua 2022
31.1.22
Total
funds
31.1.21
Total
funds
un$tCted Restricted
fund
fund
Notes
CURRENT ASSETS
Debtors
Cash * bank
32,955
774.714
17.265
21.800
50,220
796,514
546,078
807,669
39,065
846,734
546,078
CREDITORS
Amounts falling due within one year
11
(950)
(950)
{1.900)
NEf CURRENT ASSETS
806,719
39,065
845,784
544,178
TOTAL ASSETS LESS CURRENT
LIABILITIES
806,719
39,065
845.784
544.178
NET ASSETS
806.719
39,065
845.784
544,178
FUNDS
Unrestricted funds
Reslrrcled funds
12
806.719
39.065
530,846
13.332
TOTAL FUND8
845,784
544,178
The finan
ial stalemèrrts were approved by the Board of Tru8tees and authorised for issue on
and were signed on its behalf by..
Trustee
The notes fomi part of these financial statements
Page 3
MCKS Charitable Foundation UK
## Cash Flow Statement for the Year Ended 31 January 2022
|Year Ended
31.1.22
Notes
£
**Cash flows from operating activities**
Cash generated from operations
1
250,429
Net cash provided by operating activities
250,429
**Cash flows from investing activities**
Interest received
7
Net cash provided by investing activities
7
**Change in cash and cash**
**equivalents in the reporting period**
250,436
**Cash and cash equivalents at the**
**beginning of the reporting period**
546,078
**Cash and cash equivalents at the**
**end of the reporting period**
796,514|Period
26.3.20
to
31.1.21
£
546,076|
|---|---|
||546,076|
||2|
||2|
|||
||546,078
-|
||546,078|
The notes form part of these financial statements
Page 4
MCKS Charitable Foundation UK
## Notes to the Cash Flow Statement for the Year Ended 31 January 2022
## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net income for the reporting period (as per the Statement**
**of Financial Activities)**
**Adjustments for:**
Interest received
Increase in debtors
(Decrease)/increase in creditors
**Net cash provided by operations**
2.
**ANALYSIS OF CHANGES IN NET FUNDS**
At 1.2.21
£
**Net cash**
Cash at bank
546,078
546,078
**Total**
546,078|Year Ended
31.1.22
£
301,606
(7)
-
(50,220)
(950)
250,429
Cash flow
£
250,436
250,436
250,436|Period
26.3.20
to
31.1.21
£
44,042
(2)
500,136
-
1,900
546,076
At 31.1.22
£
796,514
796,514
796,514|
|---|---|---|
The notes form part of these financial statements
Page 5
MCKS Charitable Foundation UK
Notes to the Financial Statements for the Year Ended 31 January 2022
## **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 6
continued...
MCKS Charitable Foundation UK
## Notes to the Financial Statements - continued for the Year Ended 31 January 2022
|**2.**
**DONATIONS AND LEGACIES**
Year Ended
31.1.22
£
Donations
530,536
**3.**
**INVESTMENT INCOME**
Year Ended
31.1.22
£
Deposit account interest
7
**4.**
**RAISING FUNDS**
**Other trading activities**
Year Ended
31.1.22
£
Support costs
-
**5.**
**CHARITABLE ACTIVITIES COSTS**
Grant
funding of
activities
Support
Direct
(see note
costs (see
Costs
6)
note 7)
£
£
£
General charitable activities
1,030
211,000
16,907|Period
26.3.20
to
31.1.21
£
165,865|
|---|---|
||Period
26.3.20
to
31.1.21
£
2
Period
26.3.20
to
31.1.21
£
950
Totals
£
228,937|
Page 7
continued...
MCKS Charitable Foundation UK
## Notes to the Financial Statements - continued for the Year Ended 31 January 2022
## **6. GRANTS PAYABLE**
|**GRANTS PAYABLE**|||
|---|---|---|
|||Period|
|||26.3.20|
||Year Ended|to|
||31.1.22|31.1.21|
||£|£|
|General charitable activities|211,000|105,000|
## **7. SUPPORT COSTS**
|**SUPPORT COSTS**||||
|---|---|---|---|
|||Governance||
||Finance|costs|Totals|
||£|£|£|
|General charitable activities|23|16,884|16,907|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 January 2022 nor for the period ended 31 January 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 January 2022 nor for the period ended 31 January 2021.
|**9.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
152,533
13,332
Investment income
2
-
**Total**
152,535
13,332
**EXPENDITURE ON**
Raising funds
950
-
**Charitable activities**
General charitable activities
105,479
-
Other
15,396
-
**Total**
121,825
-|Total
funds
£
165,865
2|
|---|---|
||165,867
950
105,479
15,396|
||121,825|
Page 8
continued...
MCKS Charitable Foundation UK
## Notes to the Financial Statements - continued for the Year Ended 31 January 2022
|**9.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|
|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|
|||fund|fund||funds|
|||£|£||£|
||**NET INCOME**|30,710|13,332||44,042|
||**Transfers between funds**|13,553||-|13,553|
||**Net movement in funds**|44,263|13,332||57,595|
||**RECONCILIATION OF FUNDS**|||||
||**Total funds brought forward**|486,583||-|486,583|
||**TOTAL FUNDS CARRIED FORWARD**|530,846|13,332||544,178|
|**10.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
||||31.1.22||31.1.21|
||||£||£|
||No description||50,220||-|
|**11.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
||||31.1.22||31.1.21|
||||£||£|
||Other creditors||950||1,900|
|**12.**|**MOVEMENT IN FUNDS**|||||
||||Net|||
||||movement||At|
|||At 1.2.21|in funds||31.1.22|
|||£|£||£|
||**Unrestricted funds**|||||
||General fund|530,846|275,873||806,719|
||**Restricted funds**|||||
||Centre Fund|13,332|25,733||39,065|
||**TOTAL FUNDS**|544,178|301,606||845,784|
Page 9
continued...
MCKS Charitable Foundation UK
## Notes to the Financial Statements - continued for the Year Ended 31 January 2022
## **12. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
504,810
(228,937)
**Restricted funds**
Centre Fund
25,733
-
**TOTAL FUNDS**
530,543
(228,937)
**Comparatives for movement in funds**
Net
Transfers
At
movement
between
26.3.20
in funds
funds
£
£
£
**Unrestricted funds**
General fund
486,583
30,710
13,553
**Restricted funds**
Centre Fund
-
13,332
-
**TOTAL FUNDS**
486,583
44,042
13,553
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
152,535
(121,825)
**Restricted funds**
Centre Fund
13,332
-
**TOTAL FUNDS**
165,867
(121,825)|Movement
in funds
£
275,873
25,733
301,606
At
31.1.21
£
530,846
13,332
544,178
Movement
in funds
£
30,710
13,332
44,042|
|---|---|
Page 10
continued...
MCKS Charitable Foundation UK
Notes to the Financial Statements - continued for the Year Ended 31 January 2022
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 January 2022.
Page 11
MCKS Charitable Foundation UK
## Detailed Statement of Financial Activities for the Year Ended 31 January 2022
|Year Ended
31.1.22
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
530,536
**Investment income**
Deposit account interest
7
**Total incoming resources**
530,543
**EXPENDITURE**
**Charitable activities**
Postage and stationery
995
Sundries
35
Grants to institutions
211,000
212,030
**Support costs**
**Finance**
Bank charges
23
**Governance costs**
Accountancy and legal fees
16,884
Exceptional items
-
16,884
Total resources expended
228,937
**Net income**
301,606|Period
26.3.20
to
31.1.21
£
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 12
## TRUSTEES DECLARATION
## MCKS CHARITABLE FOUNDATION UK
## Registered Charity Number 1188773 Company Number CE021301
## PERIOD ENDED 31/1/22
The trustees of MCKS Charitable Foundation UK present their annual report and accounts for the period leading to 31[st] January 2022 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 £530,536 (2021: £165,865) in the year to 31 January 2022 and paid out £211,000 (2021: £105,000) to fourteen charities.
The charity wishes to extend its thanks and appreciation to The Institute of Pranic Healing UK & Ireland (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 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 fourteen charities during this period, with the following main donations this year.
- £10,000 to Brixton Soup Kitchen (Charity Reg No 1159976)
- £10,000 to Sussex Emmaus (Charity Reg No 1053354)
- £10,000 to Parenting Special Children (Charity Reg No 1141172)
- £12,500 to The Fountain Centre (Charity Reg No 1089086)
- £20,000 to Crawley Open House (Charity Reg No 1048919)
- £25,000 to WhiteChapel Mission (Charity Reg No 227905)
- £10,000 to HALO (Charity Reg No 1001813)
- £10,000 to Haven House (Charity Reg No 1044296)
- £10,000 to Winter Night Shelter (Charity Reg No 1149480)
- £3,500 to InterAct Stroke Support (Charity Reg No 1080046)
- £15,000 to The Separated Child (Charity Reg No 1120669)
- £20,000 to Dad’s House (Charity Reg No 1172419)
- £20,000 to Made in Hackney (Charity Reg No 1176690)
- £35,000 to MCKS Food Pantry (CIC Reg No 13397698)
It is envisaged that total Income and Donations for the next financial year to 31 January 2023 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.
Independent Examlnerfs Report to the Trustees of
MCKS Charitable Foundatlon UK
Registered Charlty Number 1188773 Company Number CE021301
I report to the trustees on my examination of the financlal 5tatement5 of the Cornpany for the year
ended 31st January 2022
Responsibilities and basis of report
As the Chartivs trustee5 of the Company you are responsible for the preparatlon of the financial
statements in accordantr with the requirements of the Companies Act 2CIJ61"the 2006 ACVI.
Havin8 satisfied myself that the accounts of the Company are not required to be audited for the year
under Part 16 of the 2006 Act and are eliglble for Independent examination, I report in respect of my
examination of your charitys Financial statements as carried out under section 145 of the Charitie5
Act 20111"the 2011 ACVI. In carryin8 Out my examiniation, I have followed the Direttions Blven by
the Charity Comm55ion under 5ertion 14515llbl of the 2011 Act.
My role Is to state whether any moterial matters have come to my attention givlng cause to believe:
11 that accounting records were not kept as required by section 386 of the Companies Act
2006: or
21 that the financial Statements do not accord with those records; or
31 that the financial Statements do not comply with the relevant accountin8 requlrements
under secton 396 of the Companies Act 2006 other than any requirements that the financial
statements give a "true and fal¢ view whlch Is not a matter considered as part of an
independent examination; or
41 the financial statement5 have not been prepared in accordance with the Charities SORP
IFRS1021
Independent examlnerfs statement
I have completed my examination and have no concerns in respect of the matters listed in111 to141
above and, in connection with following the Dirertions of the Charity Commission I have found no
matters that require drawing to your attention.
Robin Lawrence AFA
R&M Accountancy
Suite Ib. 18 Crendon Street
Hi8h Wycombe
Buskinghamshire
HP13 6LS
Dated 15, March 2022