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2025-01-31-accounts

REGISTERED CHARITY NUMBER: 1188773

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 January 2025

for

MCKS Charitable Foundation UK

MCKS Charitable Foundation UK

Contents of the Financial Statements for the Year Ended 31 January 2025

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 12
Detailed Statement of Financial Activities 13

Re ort ￿ the Trustees The trustees presenl Ih8lr report with the finanaal slat8ments of the charity for the year ended 31 January 2025. The trust4ryes have adopted the Pfovlsons of Accounting and Reporting by Charities.. Statement of Recommended Practice apFlicabte lo chaTilioJ preparing their a¢￿UnIS In accordance wth the Flnancial Repjrting Standard applicable in the UK and Repu￿1¢ ol Ireland {FRS 1021 {effeGtive 1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng document The charity is controlled by its gobwning document. a deed ol trust r￿ecting t￿ charltabl8 objec*ives of the ¢harltable incorporated organization ICIO). REFERENCE AND ADMINISTRATIVE DETAILS Reglster•d Charfty number 1188773 Prlnclpal addross 81 Sl Marks Crescent Maidenhead BERKS SL6 SDQ Tru8teoS D Hetheringion Treesur•r Ms R Morrissy L J Flltcroft Chair Ms M Khaira Ms A L Rigby Ms S L Scott sASYouno Approved by order of the board of Iruste8s on behalf by: zod 0,1 L Zoz and Signod on its t4E¥4_ . D Hetherington - Trus1•• Page 1

MCKS Charitable Foundation UK

Statement of Financial Activities for the Year Ended 31 January 2025

31.1.25
Unrestricted
Restricted
Total
fund
funds
funds
Notes
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
680,477
5,608
686,085
Investment income
3
27,539
-
27,539
Total
708,016
5,608
713,624
EXPENDITURE ON
Raising funds
4
565,124
-
565,124
Charitable activities
5
General charitable activities
104,508
-
104,508
Total
669,632
-
669,632
NET INCOME
38,384
5,608
43,992
RECONCILIATION OF FUNDS
Total funds brought forward
1,458,517
8,636
1,467,153
TOTAL FUNDS CARRIED FORWARD
1,496,901
14,244
1,511,145		 31.1.24
Total
funds
£
699,519
15,990
715,509
334,692
155,049
489,741
225,768
1,241,385
1,467,153

The notes form part of these financial statements

Page 2

lance 31.1.25 Total funds 31.1.24 Total fvnds Unr88tnctad Restricted lund funds Noles CURRENT ASSETS Debtors Cash at bank 45.490 1,454.883 1,624 47,114 27.694 12,621 1.467,484 1,442.482 1,500,353 14,245 1,514,598 1.470.176 CREDITORS Amount8 falllng due within one year 12 13.452) (1) 13,453) (3.023) NET CURRENT ASSE15 1,496.901 14.244 1.511.145 1.467,153 TOTAL ASSETS LESS CURRENT UABIUTIES 1,496.901 14,244 1,611,145 1,467,153 NEf ASSETS 1,496.901 14.244 1.511,145 1,467,153 FUNDS Unreslrid8d funds Restricted funds 13 1,496.901 1,4S8.517 14.244 8.836 TOTAL FUNDS 1.511.145 1.467.153 The f nan slatemenJt were approved by the Board of Trustees and authorisgd flx issue on . and were signed on its behalf by: D H•lherlngton - Trustee Th• notes lomi part ol Ihes• financi81 slatements Paoe 3

MCKS Charitable Foundation UK

Cash Flow Statement

for the Year Ended 31 January 2025
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating
activities
Cash flows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash
equivalents in the reporting
period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period		 31.1.25
£
(2,537)
(2,537)
27,539
27,539
25,002
1,442,482
1,467,484		 31.1.24
£
197,389
197,389
15,990
15,990
213,379
1,229,103
1,442,482

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 2025

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
Increase/(decrease) in creditors
Net cash (used in)/provided by operations
2.
ANALYSIS OF CHANGES IN NET FUNDS		 31.1.25
£
43,992
(27,539)
(19,420)
430
(2,537)		 31.1.24
£
225,768
(15,990)
(8,018)
(4,371)
197,389
Net cash
Cash at bank
Total		 At 1.2.24
£
1,442,482
1,442,482
1,442,482		 Cash flow
£
25,002
25,002
25,002		 At 31.1.25
£
1,467,484
1,467,484
1,467,484

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 2025

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.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 6

continued...

MCKS Charitable Foundation UK

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

2.
DONATIONS AND LEGACIES
Donations
3.
INVESTMENT INCOME
Deposit account interest
4.
RAISING FUNDS
Raising donations and legacies
Support costs
Other trading activities
Purchases
Staff costs
Aggregate amounts
5.
CHARITABLE ACTIVITIES COSTS
General charitable activities		 Direct
Costs
£
16,979		 Grant
funding of
activities
(see note
6)
£
78,368		 31.1.25
£
686,085
31.1.25
£
27,539
31.1.25
£
-
31.1.25
£
559,139
5,985
565,124
565,124
Support
costs (see
note 7)
£
9,161		 31.1.24
£
699,519
31.1.24
£
15,990
31.1.24
£
2,295
31.1.24
£
327,626
4,771
332,397
334,692
Totals
£
104,508

Page 7

continued...

MCKS Charitable Foundation UK

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

6. GRANTS PAYABLE

31.1.25
£
General charitable activities
78,368
SUPPORT COSTS
Human
Governance
Finance
resources
costs
£
£
£
General charitable activities
319
2,973
5,869		 31.1.24
£
144,987
Totals
£
9,161

7. SUPPORT COSTS

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2025 nor for the year ended 31 January 2024.

9. STAFF COSTS

STAFF COSTS
Wages and salaries
Other pension costs		 31.1.25
31.1.24
£
£
5,985
4,751
-
20
5,985
4,771
The average monthly number of employees during the year was as follows:
31.1.25
31.1.24

No employees received emoluments in excess of £60,000.

Page 8

continued...

MCKS Charitable Foundation UK

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 695,317 4,202 699,519
Investment income 15,990 - 15,990
Total 711,307 4,202 715,509
EXPENDITURE ON
Raising funds 334,692 - 334,692
Charitable activities
General charitable activities 155,049 - 155,049
Total 489,741 - 489,741
NET INCOME 221,566 4,202 225,768
RECONCILIATION OF FUNDS
Total funds brought forward 1,236,951 4,434 1,241,385
TOTAL FUNDS CARRIED
FORWARD 1,458,517 8,636 1,467,153
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Paypal ac 31.1.25
£
16,945		 31.1.24
£
4,348

Page 9

continued...

MCKS Charitable Foundation UK

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
13.
MOVEMENT IN FUNDS
At 1.2.24
£
Unrestricted funds
General fund
1,458,517
Restricted funds
Centre Fund
8,636
TOTAL FUNDS
1,467,153
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
708,016
Restricted funds
Centre Fund
5,608
TOTAL FUNDS
713,624		 31.1.25
31.1.24
£
£
53
873
3,400
2,150
3,453
3,023
Net
movement
At
in funds
31.1.25
£
£
38,384
1,496,901
5,608
14,244
43,992
1,511,145
Resources
Movement
expended
in funds
£
£
(669,632)
38,384
-
5,608
(669,632)
43,992

Page 10

continued...

MCKS Charitable Foundation UK

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

13. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.2.23 in funds 31.1.24
£ £ £
Unrestricted funds
General fund 1,236,951 221,566 1,458,517
Restricted funds
Centre Fund 4,434 4,202 8,636
TOTAL FUNDS 1,241,385 225,768 1,467,153
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds Incoming
resources
£		 Resources
expended
£		 Movement
in funds
£
General fund 711,307 (489,741) 221,566
Restricted funds
Centre Fund 4,202 - 4,202
TOTAL FUNDS 715,509 (489,741) 225,768
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds At 1.2.23
£		 Net
movement
in funds
£		 At
31.1.25
£
General fund 1,236,951 259,950 1,496,901
Restricted funds
Centre Fund 4,434 9,810 14,244
TOTAL FUNDS 1,241,385 269,760 1,511,145

Page 11

continued...

MCKS Charitable Foundation UK

Notes to the Financial Statements - continued for the Year Ended 31 January 2025

13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,419,323
(1,159,373)
Restricted funds
Centre Fund
9,810
-
TOTAL FUNDS
1,429,133
(1,159,373)		 Movement
in funds
£
259,950
9,810
269,760

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2025.

Page 12

MCKS Charitable Foundation UK

Detailed Statement of Financial Activities
for the Year Ended 31 January 2025
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Other trading activities
Purchases
Wages
Pensions
Charitable activities
Insurance
Advertising
Sundries
No description
Grants to institutions
Support costs
Finance
Bank charges
Human resources
Software licences
Governance costs
Accountancy and legal fees
Total resources expended
Net income		 31.1.25
£
686,085
27,539
713,624
559,139
5,985
-
565,124
1,673
11,347
1,445
2,514
78,368
95,347
319
2,973
5,869
669,632
43,992		 31.1.24
£
699,519
15,990
715,509
327,626
4,751
20
332,397
1,659
654
200
1,187
144,987
148,687
827
2,456
5,374
489,741
225,768

This page does not form part of the statutory financial statements

Page 13

TRUSTEES DECLARATION

MCKS CHARITABLE FOUNDATION UK Registered Charity Number 1188773 Company Number CE021301

PERIOD ENDED 31/1/25

The trustees of MCKS Charitable Foundation UK present their annual report and accounts for the period leading to 31st January 2025 to comply with the requirements of the Charity Commission.

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 purpose of the MCKS Charitable Foundation UK is to relieve poverty and help alleviate suffering in the UK through food pantries, feeding programs, informative support, and charitable services under the MCKS UK name. The relief of those in need by reason of youth, age, ill health, or disability by providing caring and compassionate support to all regardless of cultural or religious backgrounds to help create healthy and resilient communities in the UK.

During our reporting period 2024-25 our focus has been to provide support to schools with weekly deliveries of food and toiletries to stock their pantry cupboards and support the provision of breakfast clubs. We achieved our target goal of 150 schools to supporting 162 by the year end. Our goal is to increase this further to 180 schools by September 2025. In addition, provision of cereal bars was made to support pupils during their important summer exams as some arrive for their exams having not eaten breakfast, and a provision of Christmas packages of chocolate to provide gifts to those who receive little at this time of year.

We also provided grants in line with our purpose, following a robust assessment process, to support Special Educational Needs and Health concerns.

We base our provision of support on careful investigation into need to ensure our funds are used in line with our purpose.

Our plans for 2025-26 include extension of support across the areas our purpose outlines to include health and disability through provision of targeted grants.

FUNDRAISING

The foundation raised £686,085 (2024: £699,519) in the year to 31 January 2025. The charity wishes to extend its thanks and appreciation to The Institute of Pranic Healing UK & Ireland, for its huge ongoing support, being responsible through its network of Instructors and Trainers, Therapists, 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 families and the public who give so generously of their time and money.

Independent Examlnerfs Report to the Trustees of MCKS Charitable Foundation UK Registered Charity Number 1188773 Company Number CE021301 I report to the trustees on my examination of the financial statements of the Company for the year ended 315t January 2025 Responsibilities and basls of report As the ChBrtiy's trustees of the Company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2C(J61"the 2006 Act"). Having sati5fled myself that the account5 of the Company are not required to be audited for the year under Part 16 of the 2006 Art and are eligible for independent examination, I report in respect of mv examination of your chariVs Financial statements as carried out under section 145 of the Charities Act 20111"the 2011 Act"). In carrying out my examiniation, I have followed the DirectSons given by the Charity Commssion under section 14515llbl of the 2011 Act. My role is to State whether any material matters have come to my attentlon giving cause to believe.. 11 that accountlng records were not kept as required by section 386 of the Companies Act 2￿6,. or 21 that the financial statements do not accord with those records; or 31 that the financial ststements do not comply with the relevant accounting requirements under 5ecton 396 of the Companies Art 2c￿6 other than any requirements that the financlal statements give a "true and fairt view which is not a matter considered as part of an independent examination; or 41 the financial statements hove not been prepared in accordance wlth 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 Directions of the Charity Commission I have found no matters that requSre drawing to your attention. Robin Lawrence AFA R&M Accountancy Sulte Ib, 18 Crendon Street High Wycofnbe Buskinghamshire HP13 6LS Dated 26, November 2025