## **Trustees' Annual Report for the period** Period start date Period end date 1[st] Aril 2023 31[st] March 2024 **From** **To** ## Section A Reference and administration details **Charity name Other names charity is known by Registered charity number (if any)** 1189096 MCS Foundation **Charity's principal address** 2 Pembroke Gate Maidenhead **Postcode SL6 4LL UK** ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| |||Trustee||Richard van der Knaap| |||Trustee||CherryBach| |||Trustee||Guyvan der Knaap| |||Trustee||Mona van der Knaap| |||Trustee||Miriam van der Knaap| |||||| ||**Names of the**
**trustees for the**
**charity, if any, (for**
**example, any**
**custodian**
**trustees)**|||| ||**Name**|**Dates acted if not**
**for wholeyear**||| ||None|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| 1 ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |**None**||| |||| |||| |||| ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Constitution Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted (eg. trust, association, company) Appointed by Richard van der Knaap and Cherry Bach Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** The MCS Foundation is funded by Richard van der Knaap and/or MCS You **may choose** to include Rental Software Ltd (a UK company) additional information, where relevant, about: Richard is the major shareholder of MCS Rental Software ltd and has • policies and procedures committed to pay 10% of profits after corporation to the Foundation adopted for the induction and In the year under review the foundation funded 6 charities that support training of trustees; underprivileged and disadvantaged children. These charities are based in • the charity’s organisational the UK, Australia and South African. structure and any wider network with which the charity There are no costs/expenses paid by the charity works; • relationship with any related parties; • trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** 2 ## **Summary of the objects of the charity set out in its governing document** The object of the CIO is: To provide grants and donations for such charitable purposes, for the public benefit, that are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine. Nothing in this constitution shall authorise an application of the property of the CIO for the purposes which are not charitable in accordance with [section 7 of the Charities and Trustee Investment (Scotland) Act 2005] and [section 2 of the Charities Act (Northern Ireland) 2008] Information taken from the website which summarises the goals and aims of the MCS Foundation: ## **Who are we, and what do we do?** The aim of the MCS Foundation is to support disadvantaged and underprivileged children, as well as supporting their ability to access equal learning opportunities. ## **Our Mission** Our core mission is to provide financial assistance to organisations, or charities, which are committed to working with disadvantaged and underprivileged children and young people, with the aim of improving their learning opportunities. This also includes financial support to provide for a child or young person’s emotional and physical wellbeing to be addressed. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** By collaborating with and financially supporting charities that work with disadvantaged and underprivileged children, we aim to break down barriers that limit their access to equal life opportunities. Our focus is on providing positive educational experiences that empower these children to reach their full potential. ## **Our Vision** Our vision is that children and young people can access opportunities that contribute to their learning and growth, and that enable them to thrive and succeed in life. Empowering each child or young person we support to reach their full potential emphasizes our belief that every child deserves the chance to fulfil their dreams and aspirations through learning and knowledge. ## **Goals & Objectives** - Enhance the existing learning opportunities for children and young people from disadvantaged or underprivileged backgrounds. - Encourage a culture of learning and skill development among children and young people through increasing accessibility to educational opportunities. - Collaborate with organisations and charities to provide or create initiatives which increase a child or young person’s ability to learn. - Provide financial donations to charities or not-for-profit organisations that work with children and young people from disadvantaged or underprivileged backgrounds, with a particular focus on supporting their learning. - Through these donations support the not-for-profit organisations or charities to fund development of technology, infrastructure, 3 educational materials or provide financial assistance to children or young people which would enhance their ability to learn and study. ## **Additional details of objectives and activities (Optional information)** Charities are chosen carefully by the trustees of the MCS Foundation for their low overheads and which direct only a minimum of the donation money they receive towards operational and fundraising costs. This takes time and due diligence to pick the best charity which suits the aims and goals of the foundation which is to support underprivileged and disadvantaged children. You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. In this budget year, 2023 – 2024, all the six charities which were provided a donation had been previously gifted a donation by the MCS Foundation. We have good and consistent communication with all these charities and receive positive feedback about the impact that this has on their ability to provide support and care to the disadvantaged and underprivileged children that they serve. MCS Foundation does not have any external volunteers, however the five trustees are not paid for the work that they provide to the MCS Foundation. 4 Section D Achievements and performance **Summary of the main achievements of the charity during the year** Ongoing financial commitment to six charities in three different countries; United Kingdom, Australia and South Africa. Providing financial support to the same charities has meant that these charities can rely on financial consistency from the MCS Foundation, which is important for their planning and for the ongoing care provided to the children and families they support. The MCS Foundation has effective communication with all the charities it donates to. The MCS Foundation also receives regular updates from the charities about the impact that the financial support is providing for the children and families they work with. The MCS Foundation will continue to support these charities moving forward and is also looking for further charities that it can donate to. Charities are currently being explored in the countries that MCS Rental Software operates in and charities in France and America are being considered. 5 ## **Section E Financial review** The Charity has no reserves. Just the current bank balance **Brief statement of the charity’s policy on reserves** **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Cherry Bach **Position (eg Secretary, Chair,** Trustee / Charity Co-ordinator **etc) Date** 13 September 2024 6 ||MCS Foundation
|MCS Foundation
|MCS Foundation
|MCS Foundation
|CC16a| |---|---|---|---|---|---| ||For the period
from|Period start date
4/1/2023|To
||| ||||||| |Section A Receipts and payments|||||| |to the nearest £
A1 Receipts
120,000
bank interest and amazon charity
241
-
-
-
-
-
-
120,241
-
-
_Sub total_-
_Total receipts_ 120,241
A3 Payments
Columba charitySouth Afirca
12,685
Friends of Alex Charity
14,918
Olesereprimaryschool - Kenya
-
Steward house charityAustralia
10,365
Home Start charityUK
22,000
First days charityUK
11,000
Link foundation charityUK
12,000
Bank charges
60
total donations
-
-
-
_Sub total_ 83,028
-
-
_Sub total_ -
_Total payments_ 83,028
_Net of receipts/(payments)_ 37,212
A5 Transfers between funds
-
A6 Cash funds last year end
32,748
_Cash funds this year end_ 69,960
Unrestricted
funds
payment from MCS Rental software to
charity
_Sub total(Gross income for AR)_
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)||Restricted funds
to the nearest £|to the nearest £
Endowment
funds|Total funds
to the nearest £|Last year
to the nearest £| |||-
-
-
-
-
-
-
-
-|-
-
-
-
-
-
-
-
-|120,000
241
-
-
-
-
-
-
120,241|90,000| ||||||97| ||||||-| ||||||-| ||||||-| ||||||-| ||||||-| ||||||-| ||||||90,097| ||||||| |||-
-
-|-
-
-|-
-
-|| ||||||-| ||||||-| |||||120,241|| |||-|-||90,097| ||||||| |||-
-
-
-
-
-
-
-
-|-
-
-
-
-
-
-
-
-|12,685
14,918
10,365
22,000
11,000
12,000
60
-
-
-
83,028|10,799| ||||||14,696| ||||||2,550| ||||||11,040| ||||||-| ||||||12,000| ||||||12,000| ||||||72| ||||||| ||||||-| ||||||-| ||||||63,158| ||||||| |||-
-
-|-
-
-|-
-
-|| ||||||| ||||||-| ||||||| |||-|-|83,028|63,158| ||||||| |||-
-
-
-|-
-
-
-|37,212
-
32,748
69,960|26,939| ||||||-| ||||||5,809| ||||||32,748| ## Section B Statement of assets and liabilities at the end of the period |Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees|Details
bank balance
Details
Details
Details
Details
Signature
_Total cash funds_
(agree balances with receipts and payments
account(s))|Restricted funds
to nearest £
to nearest £
69,960
-
-
-
-
-
69,960
-
OK
OK
Restricted funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Unrestricted
funds
Unrestricted
funds
Fund to which asset
belongs
Fund to which asset
belongs
Fund to which
liability relates
Amount due
(optional)|to nearest £
Endowment
funds| |---|---|---|---| ||||-| ||||-| ||||-| ||||-| ||||OK| ||||to nearest £
Endowment
funds| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| ||||Current value
(optional)| ||||-| ||||-| ||||-| ||||-| ||||-| ||||Current value
(optional)| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| ||||When due
(optional)| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||| ||||| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Exarniner s Report (If any) I rewt to the trustees cm my O￿nina11￿ of the accounts of the aLM)ve charity (Ihe Tr￿ frjr the >*ar erKled l)ul$ ol veport rtt* A￿). under 145 crf Ihe 2011 Act in c*ryllyJ wt my eX￿nInakn. I under 8eclKm 145(5Mb) (rf the Ax gxaminofs ststwnwrt urthrt*e the exan1￿tTh bwg a qualifi&J member crf fH)sert name of I have my exaninatKm. l that ￿ rMterial matters have come to my attentM)n in conr￿1*￿ ￿1th the examirth (other than that disck)wJ bel￿"> gi¥*s me ca*e to believe that in. any material the a¢cx)unts dmj not ctywy with the applicable requirwrHts (Accounts and Re[￿ts) RegulatM)ns 2(M)8 rAher Ihan any requirement with the exarnKokn to attention Sh￿lj ts d[￿In in this report in 8lgnod: IER Oct 2018 y): Section B Disclosure guNJ￿ for exwniners). Glve horo brl8f dotalls oxamlnor whh•• tt• IER Oct 2018