Charity registrntion number 1195031 (England and Wales)
THE MICHIE FAMILY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 20 JUNE 2024

THE MICHIE FAMILY CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trust808
Mrs L Nleld
Mr J W Mlchie
Charity nurnb•r (England and Wales)
1195031
Prlnelpal addr•
18 The Park
Chrislleton
Chestèr
CH3 7AR
Indepondent examlnèr
Susan Harris MAACA
Champion Allwoods Limited
2nd Floor Refuge House
33-37 Watergate Row
Chester
CH1 2LE

THE MICHIE FAMILY CHARITABLE TRUST
CONTENTS
Page
Trustees. report
Indepe[￿ent examinerfs report
Statement of financtal aetivilies
Balan¢9 sheet
Notes to the financial statements

THE MICHIE FAMILY CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 20 JUNE 2024
The trustees p￿S￿nt their annual retKprt and finanual ststsments for the year gnd8d 20 June 2024.
The financial statemgnts have begn praparad in accordance wth the accounting polia&s sèt out In noto 1 to tha
financial stslernenls and wmply with thè Irusl'5 goveming document, th8 Charities Act 2011, FRS 102 'The
Financial Reporting Stsndard applicable in the UK and Republi¢ of Ireland" and the Charits'es SORP "Accounting
and Reporting by Charitses.. Stalement of Recommended Practice applicable to charittes preparing their accounts in
accordance with the Financial Reporting Standard applicabl¢ in the UK and Republi¢ of Ireland IFRS 1021"
Oblect5ves and actlvltl8s
In accordan￿ with the Trust D88d, th& fvnd is held for the Trustees lo distribute in their discretion..
To prevent and relieve poverty amongst people, in particular but not exdusively to those Iwing in the North West of
England.,
To 8(fvanc8 the education of the public, in p8rti¢ul8r but not 8xduslv8ly to those Ilvlng in tha North West of England,.
To advance heatth and safety ol lives. in partKular but not exclusvely to those living in the North West of England.
Public benerrt
The trustees confirm that thèy hav8 complied with the requirements of soction 4 of thè Ch8riti$s Act 2011 to have
due r8gard to thg public txnefil guidanc8 publlshed by the Charity Commisslon for England and Wales.
Flnanelal rnvl•w
Net incoming resources for the year were £49,696 {2023". outgoing £12,363>. Totsl unrestricted funds carried
ft)Thvard as 8120 June 2024 were £177,43912023.. £107,743).
Structurè, govèmane• and manag•m•nt
The Charity is controlled by its goveming dooJmenL 8 De￿ ofTru81, and conslilutes an unincorporated Charity.
The trustees who servgd durtng th$ ye8r and up to the d8t8 of signature of the financial statements ￿re..
Mrs L Nield
Mr J W Michie
Fundlng
The Trust will continue to support projects in line with its objectives and poli(xes.
The Trustses are satisfied that the Trust's assets are available and adequat8 to fulfil its Obl￿tions relating to those
fijnds.
The trust89s' retK)rt was approved by the Board of Trustees.
Mrs L Nield
Mr J W Michie
Tru$t¢•
l.Lloll.¥......

THE MICHIE FAMILY CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MICHIE FAMILY CHARITABLE TRUST
I report to the trustees on my examination of the financial statements of The Michie Family CharilBble Trust (the
trustl for the year ended 20 June 2024.
Rèsponsibilities and basls of report
As the trustees of the trust you are responsSble ft)r the preparation of the financial statements in accordance wllh the
requirements ofthe Charities Act 2011.
I rgport In respect of my exarnination of the Irust's financial statements carried out under section 145 of the Chartties
Act 2011. In carrying out my examination I have followed the Dire¢tlons glvèn by tho Charity Commission under
section 14515Hbl of the CharitiesAct 2011.
Independent oxamln8Vs stat•m•nt
Your attention is drawn to the lact that the charity has prepared the financ4al statements in accordance with the
relevant version of the Statement of Recommended Practice applicable to charities preparing their finan¢i81
ststements in 8ceordance wth the Financial Reporting Standard applicable in the UK and Republic of Irel8nd IFRS
1021 in pr8f8r8nce to the Accountsng and R8PQrtirJg by Charib"es.' Statement of Recommended Practice issued on 1
April 2005 which is referred to in the extant regulations but has now been withdfawn. l understand that this has
been don& in ordar for the financial s18tèmants to provid8 a tru8 and fair VI￿ in a¢¢xYdancg With UK Generally
Accepted A¢¢ounting Practice.
I have complet8d my gxaminallon. l eonfim that no matters have o)m8 lo my attenlw)n in connection with the
8xamin81ion giving me cause to believe that in any material respect..
accounlng re￿rdS were not kept in respect of the trust 85 required by section 130 of the Charities Act 2011.
thè financial ststements do r￿t a(xth with those records", or
thè fin8ncial ststements do r￿t ￿mPlY wth the applicable reqUi￿rnents conceming the fom) and contènt of
financial statements set out in the Charities IAccounts and Reports) R8gulation5 2008 othar than any
requirement that the financial stat8m8nts gfve a tru8 and fair ¥￿&w. which is not a matter ￿nsIdered as part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this rewrt in ordèr to 8nab￿ a propor urmjorstanding of the financial statements to be ￿Ched.
Susan Harrls MAACA
Ch8rnpion Allwoods Limited
2nd Floor Refuge House
33-37 Watergate Row
Chester
CH1 2LE
Date..

THE MICHIE FAMILY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 20 JUNE 2024
Unrostricted
funds
2024
Unr•strletsd
funds
2023
Nots$
Incom8 from:
Donations and legaci6S
Invgstmants
80,000
317
20.000
184
Totsl Incoffle
80.317
20.184
Ex￿ndIture on..
Char*tabl8 8Ctivities
30,621
32.547
Total •x￿nditurO
30,621
32.547
Net Incomal{•xpondltur•) and mov•m•nt In fund$
49.696
112,3631
Reconciliation ol funds..
FL•rid balances at 21 June 2023
127,743
140.106
Fund balances at 20 June 2024
177,439
127.743
The ststemènt of fin8n¢lal 8dlvilies indudes all gains and losses recognised in Ihg year. All income and expenditure
derive from continuing activities.

THE MICHIE FAMILY CHARITABLE TRUST
BALANCE SHEET
ASAT20 JUNE 2024
2024
2023
Current assets
Cash at bank and in hand
179.959
130.383
Crèditors: amounts fallln9 due wlthln
one year
11
12,5201
12.6401
Nel current assets
177.439
127,743
Incoma funds
Unrestricted funds
1TT,439
127,743
177,439
127.743
The financjal statements We￿ approved by tha Tru$te&s on ..
Mis L Nield
Trustso
Mr J W Michie
Trusts

THE MICHIE FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 20 JUNE 2024
A¢countlng pollclès
Charlty Inforniatlon
The entity is ragislered as a charity in England and Wales. Thg address of the charity, th8 nature of its
oper8tions and its principal activities are all detailed in the Trustees, report arml charity admlni8lrat*ve detalls i
these financial statements.
1.1 A¢countln9 conv8ntlon
The financial statements have been prepared in a¢(x)rdan￿ with the Irusfs gov6ming document, the
Charttsès Act 2011, FRS 102 The Finanual Reporting Standard applicable in the UK and Republic of Ireland.
I'FRS 102.1 and the Charities SORP "Aco)unting and Reporting by Charilies: Statement of Recomm8nded
Practice applicable lo charities preparing their accounts in accordan￿ with the Financial Reporb'ng Stsndard
applicable in the UK and Republic of Ireland IFRS 1021" leffectivg 1 January 20191. The trust is a Public
Benèfrt Entity as defined by FRS 102.
The trust has taken advantagg of the provisions in the SORP for chariti88 riot to prepare a Statement of Cash
Flows.
The financi81 ststements arè prep8red in sterling. which is thè fvn¢tional currèncy of the trust. Monetary
amounts in these finandal statements are rounded lo the neargst £.
The financial ststements have been prepared urkyer the historic81 cost convention. The prin(ipal accounting
policies 8dopted are set out below.
1.2 Going cone•m
At the time of approving the financial slatements, the Irust88s have a reasonable expectslion that the trust
has adequate resources lo conts'nue in operational exist8nce for the foreseeable futvre. Thus the trustees
continue lo adopt the going concam b8sis of accountin9 in prepartng the financial stslernents.
1.3 Charitable funds
UnroStriGled funds 8re availablg for use at the dSs¢Tetion of the trustees in furtherance of their charitable
objectives.
1A Incom•
Income is recognised when the trust is legally entit16d to it after any performance oJrKlitions h8ve been m81,
thts amounts ran ￿ measured reliably, and it is probable that in¢orne will be received.
Cash donations are recognised on receipt. Other donations are recognlsed once the trust has been notified of
the donation. unless perfomiance conditions wuire deforral of the amourrt.
1.5 Exponditure
Expenditure Is recognlsgd once there 18 a legal or constructfve obligatlon lo transfer economic ￿nefit lo a
third party, it is probable that a transfer of economic benèfits will be rgquired in settlement, and thg amount of
the obligation can be measurèd reliabty.
Expenditure is Classified by activTrty. The costs of each activity are made up of the total of di￿￿ costs and
shared costs. including support costs involved in tjndertaking each activity. Dirgct costs attributable to a single
activity are allocated directly to that aclwity. Shared costs which contribute to more than on8 activity and
support costs which are not attributable to a SFngle actiwty are apportioned belw89n those aclmlies on a basis
consistent with the use of i8￿UrCeS. Central staff costs arg allocated on the basis of lime spent, and
dgpreciation charges are allocated on tho portion of the assefs use.

THE MICHIE FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 20 JUNE 2024
Accountlng pollcles
{C0ntlnuedl
1.6 Cash and eash ¢quival•nts
Cash and eash equivalents include cash in h8nd, deposits held al call with banks. other short-tèrm liquid
inv&stm8nts with original maturiligs of three months or less. and bank overdrafts. Bank overilrafts are shown
wlhin borrowings in current liabilities.
8a$i¢ Iln4nclal a￿ts
B851¢ financial assets, which indude debtors and cash and bank balances, are initially measured at
transaction pricè induding transaction costs and are subsequenuy carried at amorbs8d cost using the eff8Ctive
int8r8sI method unless the arrangement constitvles a financing transaction. where the transaction is
measured at the present value of the future receipts discounted at a market Tate of interest. Financial assets
classified as receivable within on8 yoar are not amortised.
Bask flnanclal Ilabllltles
Basic financial liabilities, including creditors and bank hmns are initially recogntsed 8t tr8ns8cti¢)n pric9 unless
the arrangement constitutes 8 fin8n(#ng transaction. where the debt Instrument is measured al the present
V81uè of th8 fulurg payments discounted 8t a markgl rate of inteTesl. Financial liabilities dassified as pay8b18
thin one year are not amortiS8d.
Dabt instrumènts are substyuenlly carrled al amortised cost, using the effective interest rate method.
Trade ￿editOrS are ￿lIgationS to pay for goods or s6Nces that havo acquired in the ordinary course of
operations from suppli&rs. Amunts payabte are cL8&sthed as current liabilities if payment is due wrf£hin one
year or less. If not. they a￿ presented as non-¢urrent li8bilFti'es. Trade creditors are recognised initsally at
transactlon price and subsequently measured at amortised cost using the &ff8ctfv8 Intsrgst fftethod.
Dw8eognltlon of Ilnan¢lal liabilttles
Finanaal liabiliti8s 8rè ¢Jere(wnised when the trust's contractual obligations 8Xpl￿ or are dis¢harg&d or
¢an¢ellgd.
Crltleal aeeountlng o$1imates and Judgements
In the appllcation of the trust's accounting polictes. the trustees are wuirgd to make judgements, estimates
and assumptions about the carrying anw)unt of assets and liabilits6s that are not readity appaTent from other
sources. The esb'mates and asso¢iated assumpbon$ are based on historical experience and other fadors that
are consideied to be r91evanl. Actual results may differ from these estim8t•s.
Thtr estim8tes and underlying assUMpt￿nS are revttiwed on an ongoing basis. Revisions to 8ccounting
eslimales are recognised in the perf￿1 In wh￿h the estimate is revised Wha￿ the revision affects onty that
periixl. or Fn tho peri(xl of the revision and fvlure periods whgre the revision affects both currènt and fvture
peri¢xls.
Incom• from donations and legacie
Unr•strlctsd Unrestrlcted
funds
funds
2024
2023
tlonations and gtfts
80,000
20,000

THE MICHIE FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 20 JUNE 2024
Incom& from Investments
UnTestri¢ted Unrestrlcted
fund¥
funds
2024
2023
Int8rest re¢eivable
317
Expgndituro on charitable o¢tiviti•s
Charitable
actlvltlas
2024
Charitable
actlvltlès
2023
Dir•et costs
Grant funding of activities (see note 6)
28,035
30,500
Share of support and governance l$ee note 71
Support
Govemance
67
2.520
727
1.320
30,621
32,547
Analysls by fvnd
Unrestricted funds
30.621
32,547

THE MICHIE FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 20 JUNE 2024
Grants payable
Charltabl•
activities
2024
Charitable
activitles
2023
Grants to in$lilUl￿$'.
Pantry for Blacon
Circus Starr
Riveracre Valley Prim8ry School
Salvation Army
The Uniting Church
The Arches Community
Sl Mark's Church
Live Laugh Lache
Friends of Lach8
starr in the Gommunty
Priority Youth Proj8ct
Holy Trinity PC
Rescare
Woodwork to Wellness
Weaver Trust- Westsninster PS
1.500
1.21YJ
5.OLKJ
1,500
2.000
g.ooo
5,000
5,000
5.000
3,000
5,200
3,000
4.135
5.000
28.035
30,500
Support costs allocated to activities
2024
2023
Bank charges
Wgbsite costs
Govemanco costs
67
71
656
1,320
2.587
2.047
Analys•d b•1￿8n..
Charitable activities
2,587
2,047
2024
2023
Govemance costs comp¥l¥e.'
Ind8pèndent OX8mination foes
Accountsncy
1,320
1,200
1,320
2,520
1,320

THE MICHIE FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 20 JUNE 2024
Net movement In funds
2024
2023
Tho not movement in funds Is stated after ¢hargIn￿(credItIngl'.
Fees payabl8 for the independent examina￿On of the charity's financial
Statements
1,320
1,320
Trustg
None of the tnjstees lor any persons connected with them) r￿1V8￿ any remuneration or beneffts from the
trust during the year.
10 Taxatlon
The charity is exempt from tsx8tion on ils actiwtie5 bec8usg all its income is applied for thaTilable purposes.
11 Creditors: amounts falling du• wlthin one year
2024
2023
Accruals and deferred income
2.520
2,640
12 Unrestricted fund$
The unreslrictsd fijnds of the charity comprise the unexpende(I balan¢9$ of donations and grants which a
not subject lo spo¢ifi¢ conditions by donors and grantors as to how they may be used. indude
designated fvnds which have been set askje out of unrestricted funds by the trustees for specific purF*)ses.
At21 Juna
2023
Incomlng
r•sourtss
Resources
xpondod
At20 June
2024
Ganeral funds
127.743
80.317
130,621)
177,439
Previous Year.
At 21 June
2022
Ineomlng
re￿UrceS
Resources
exponded
At 20 June
2023
General fvnds
140.106
20.184
132.5471
127.743
13 Related party transactions
During the year, the trust re¢eiv8d unconditional donations from Trust￿ of £80.￿l2023: £20,000).