Charlty commission number: 220473 THE MICHAEL MARSH CHARITABLE TRUST UNAUDITED ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2021
THE MICHAEL MARSH CHARITABLE TRUST Contents Page Legal and admini5tratlve informatlon Trustees, report Independent Exominerf5 report to the Trustees statement of flnanclal actlvllles Balance sheet 9-16 Notes to the flnanclal statements
THE MICHAEL MARSH CHARITABLE TRUST (created by a Deed of Declaration ol Trust made on IB August 1958 by Michael Leo Marsh who died 12 February 19931 LEGAL AND ADMINISTRATIVE INFORMATION Re8i5tered clritY Number 220473 IEn8land & Wales) Tru5tee5 Peter Gary Barber Lee Nuttall Susan Lynn Bennett Address clo Pear Tree Cottage Yarrington Road Alfrlck Worcestershire WR6 SEX Telephone.. 07812 743 485 Banker5 Royal Bank of Scotland plc 79183 Colmorè Row Blrmlngham B3 2AP Sollclto"s Mllls & Reeve ILP 78-84 Colmore Row Blrmlngham B3 2AB Independent Examlner lan Holder FCA Mazars LLP First Floor Two Chamberlain Square Birmingham B3 3AX Inve5trnenl Advisors Canaccord Genuity Wealth Managernent Slip House Princes Drive Worcester WRI 2PG Page | i
THE MICHAEL MARSH CHARITABLE TrUST TRUSTEES, REPORT YEAR ENDED 5 APRIL 2021 The trustees present their report along with the financial statements of the Charlty for the year ended 5 April 2021. CONSTITUTICN AND OBJECTS The Trust wa¢ created by a Deed of Detlaiation of Trust made by Michael Leo Mèrsh on 18 August 1958. Mr Marsh died in 1993 and the Trust was named in his Will as the residuary beneficiary of his estate. Mr Marsh's wife died in 2,JOI and she had a life interest in a fund which reverted to the Charity on her death. These funds were added cffl 30 January 2002. The Deed projides that the Trust Fund shall be held by the Trustees 'upon trusl to pay or apply the income of the Trust Fund and such part5 of the capsta1 thereof.. as they shall from time to tlme thlnk lit to or for such charitable Sn5tltutlons and charltable purp05e5 and In such shares and proportions as.. the Trustees shall from time to time li their absolute discretion determine." The Deed also provides that the Trust shall be known as "The Michael Marsh Charitable Trust". ORGANISATION The Trustees who have served durlng the year and slnce the year end are Set out on page l. The Trustees have the power of appolntln8 new trustees. The Trustees meet at approxlmately 4 times a year to conslder appllcation5. When a new trustee is appointed, they will be briefed on their legal obligations under the charity and company law and Informed of the Charlty's memorandum and artlcles of assoclatlon, the declslon-making process and the financial FOSltlon. Any relevant tralnlngls provlded as requlred dependlng on the needs of the individual trustee. The day to da'i managernent of the charity 15 carried out by the Clerk to the Trust, by whom all application5 for grants are co-jrdlnated and presented to the Tru5tee5, together wlth all flnanclal Informatlon at Trustees, meetlngs. OBJECTIVES AND ACTIVITIES FOR THE PUBLIC 8ENEFIT The Trustee5 confirm that they have referred to the guldance contalned In the Charlty Commlssion's general Éuldance on public benefit when reviewlng the Trusvs alms and objectives and In plannlng future actlvities and settlng the grant makin8 policy for the year. ACHIEVEMENTS The Trustee5 awariled grants totalllng £80,612 duTin8 the course of the finantial year, listed Indivldually on pages 12-16. GRANT-MAKIYG POLICY The Trustees, policy re8arding donatlons is as follows.. l. Grants ar? rnade to charities working in areas of Birmingham, Staffordshire, Worcestershire, Warwickshire, Coventry, Wolverhampton and associated towns in the Black Country. 2. The TrUSte$ do not consider application5 for 511PPQrt from individuals, although they will consider applicaticns submitted by charitable institutions on behalf of individuals. Page | 2
THE MICHAEL MARSH CHARITABLE TRUST TRUSTEES, REPORT YEAR ENOED 5 APRIL 2021 The Trustees do not look to contribute to operating costs that could be met out of State resources. 4. The following types of charitie5 are not normally considered for 8rants'. Animal Entertainment 5. The Trustees seek to make a rou8hly equal division of funds between charlties concerned with old people, children, the disabled, the poor and educatlonal needs. RESERVES POLICY In the Ilght of letters of wlshe5 wrilten by Mr Marsh during his lifetlme, the Trustees consider the investments and cash transferred to the Charity by Mr Marsh, his estate and Mrs Marsh's fund to be expendable endowment. The Trustees alm to spend all current income each year. The Trustees do not consider It ppropriate to hold any level of Income re5erve5. Endowment reserves at 5, Aprll 2021 were £2,999,504 12020.. £2,519.7811 INVESTMENT POLICY ANO PERFORMANCE The Tiustees have wlde Inve5tmenl powers. These are Set out In the Trust Deed as follows.. 'Money liable to be invested hereunder may be paid or applied in the purchase of or in lendin8 upon the security of any form of property whatsoever or wheresoever a5 if the Trustees were absolute owners thereof and whether or not the makln8 of su¢h payment or appllcation amounts strlctly to the Investment of the money 50 pald or applied. The Cha-itls investment strategy 15 to maintain a balance between income generatlon and eapltal growth. The Tructee5 accept a moderate level of rlsk In pursulng this objective and this level of risk is defined in the a8reement with the Charity'5 investment manager5. As at 5 Aprll 2021, the portfolio was valued at E3,161.814 Including cash held wlth the investment manager. Within tiis year, there were withdrawals amounting to a total value of £160,562. After taking this into account, the portfollo rose by 35.67% compared to the FTSE 100 Index whlch rose by 24.41%. The income 8enerated by the investment has fallen, this may be due to the situation re8ardin8 COVIO-19 and the Impact It has had on the economv. RISK MANAGEMENT The Trusiees have revlewed the majoT rlsks to which the Charlty Is exposed. In partlcular those relating to operatiS and finances. and are satisfied that the 5VStems are In place to mltlgate exposure to those rlsks. The major potential risks are theft, losses due to bad investments and fraudulent applications. The Charitvs investments are managed by a reputable firm of invÈstment managers. currently Canaccord Genuity Wealth Management and the Trustees have an agreement in place with them which sets out the term5 upon whiih they manage the investments and a detailed Statement of Guidance which sets out the Trustees, investment policy and attitude towards the risk and risk management. Canaccord Genuity Wealth ManaÈement report quarterly on 30 June. 30 September. 31 December and 31 March respectively. Cash is held in three places (all in the name of the Charity). Trustee5' accounts at The Royal 8ank of Scotland nd a Deposit Account at Canaccord Genuity Wealth Management. No cash 15 held and lund5 ale only paid out by cheque and all three Trustees, signatures are required on all cheque5. Page13
THE MICHAEL MARSH CHARITABLE TRUST TRUSTEES, REPORT YEAR ENDED S APRIL 2021 Re8arding the 8rant making procedure. applications are reviewed by the Trustees on a quarterly b3515. Cheque5 are then drawn in favour of the 5ucce55ful applicant5 and clrculated between the Tru5tee5 for thelr signatures and returned to the Clerk of the trust. Each 5ucce55ful applicant 15 asked to acknowledge safe receipt Jf their cheques. A bank reconciliation exercise is carried out on a quarterly basis before each Tru5tee5' meeting. TRUSTEES, RESPONSIBILITES IN RELATION TO THE FINANCIAL STATEMENTS The law appllcable to charltles in England and Wales requires the Trustees to prepare financial statements for each fln4ncial year whlch give a true and fair view of the Charlty's financlal activltles during the year and of Its financia position at the end of the year. In preparing those financlal statements, the Trustees are required to: select sultable accountln8 pollcies and then apply them conslstentlv.. make judgements and estimates that are reasonable and prudent., state whether appllcable accountlng standards and statements of recommended practlce have been followed subject to any departure5 dlsc105ed and explalned In the linanclal statements., and prepare the flnanclal statements on the going concern basls unless It Is Inapproprlate to presume that the Charlty wlll contlnue In buslness. The Trustees are responslble for keepln8 accountln8 records whlch dlsclose wlth reasonable accuracy at any lime the flnancial posltlon of the Charlty and enable them to ensurè that the flnanclal statements comply with the Char tie5 Att 2011. They are responsible for safeguardlng the assets of the Charlty and hence for taking fea5tsnable steps for the prèventlon and detectlon ol fraud and other Irregularlties. Approved by the Trustees on 28 Ju 1021 L Nuttall S L Bennett G Barber Page 14
THÉ MICHAEL MARSH CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEE5 YEAR ENDED 5 APRIL 2021 I report on the financial statements of the charity for the year ended 5 April 2021, which are set out on pages 7 to 16. Respectlve responslbllltles of trustees and emamlner The trustee5 Iwho are also the directors of the company for the purposes ol company lawl are responsible for the preparation of the financial statements In accordance wlth the requirement5 of the Companies Act 2006 I'the 2006 ACVI. Havlng 5at15fied rryself that the financ31 statements of the charity are not requlred to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charlty's financial statements as carried out under section 145 of the Charltles Act 2011 Ithe 2011 Actl. In carryin8 Out my examination I have followed the Directions given by the Charlty Commisslon under Section 1451bl of the 2011 Act. This report, including my Statement, has been prepared for and only for the charltrfs trustees as a body. My work ha5 been undertaken so that I mlght State to the charitls trustees those matters l am required to state to thern In an independent examiner's report and for no other purpose. To the lullest extent permltted by law. I do not accept OT assume responslbllity tts anyone othèr than the chaTlty and the charity's trustees as a bodv for my examlnaiion work, for thls report, or lor the statements I have made. Basls of Independenl examlnerfs report My examinatton was carried out in accordance wlth the general Dlrections given by the Charity Commlssion. An èxamlnatlon Includes a review of the accounting records kept by the charity and a cornpar150n of the fln3nc131 statements presented with those records. It also Includes consideration of any unusual items or di5c105ures in the flnanclal statements and seeking explanations from you as trustees concernin8 any such matters. The procedures undertaken do not provlde all the evidence that would be required In an avdlt, and Consequently no opinlon Is given as to whether the financlal statements present a 'true and falr vlew, and the report Is Ilmited to those matters set out In the Statement below. Independent examlnerfs Statement In connection with my examlnation, whlch15 complete, no maiters have come to rny attention which give me ieasonable cause to believe that in any rnaterial respect.. aCcontIng records were not kept in respect of The Mlchael Marsh ChaTltable TfUSt In accordance wlth section 386 of the 2006 Act., or the flnanclal statements do not accord with those records,. or the financial statements do not comply with the accountSng requlrements of section 396 of the 2006 Act other than any requirernent that the financial statements give a 'true and fai vlew which is not a matter ¢onsldered as part of an Independent examlnatlon,. or the financial statements have not been prepared in accordance with the method5 and principals of the Statement of Recommended Practice for accounting and reporting by charities applicable to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Page 15
Ian Holder
Ian Holder (Jul 29, 2021 18:26 GMT+1)
Jul 29, 2021
THE MICHAEL MARSH CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED S APRIL 2021 Not Unrestrictèd Endowment Funds Funds Total Total Fund5 2021 Funds 2020 Income Investment Income 99.402 99W2 142,683 Expendrture On char table activities 189,1131 189.1131 1274,2541 Net Incomellexpendlturel before Ilossesllgalns on Investments 10,289 10.289 1131,5711 Transfer to Endowment Funds 110,2891 10,289 Galns Illossesl on Investments: 829,434 829,434 1648,0221 Net Income IIÈMpendlturel and movement In funds 839,723 839,723 1779,5931 Balances brought forward at 6th Aprll 2020 2.159,781 2,159,781 2,939,374 8alance carrlèd forward at 5th Aprll 2021 2,999,504 2.999.504 2,159,781 The notes gn pages 9-16 form part of these accounts. All of the above re5uIt5 are derived from contlnulng activitles. All gains and losses in the year are included in the above. Pagel 7
THE MICHAEL MARSH CHARITABLE TRUST BALANCE SHE AS AT 5 APRIL 2021 Note 2021 2020 Fixed Asset5 Unquoted Investments- at par 167 167 Quoted Investments 3,152.833 3,153.LX)O 2,483,960 2,484,127 Current Assets Cash on Current account at bank 2,500 61,182 8,981 2,500 29,732 1,663 Cash on Deposlt at Bank Cash on Deposit al Stockbroker5 72,663 33,895 Uabllltles Amounts falllng due wlthln one year 118,659 173,741 Net Current Llabllltles 14S,9961 1139,8461 Total A55ets less Current Llabllltles 3,107,004 2,344.281 Uabllltles Amounts falllng due after more than one vear 107,500 184,500 Total A55ets less Total Llabllltles 2,999,504 2,159.781 Funds Endowment 2,999.504 2,159,781 The flnanclal statements were approved by the Tru51ee5 on 20x1 S L Bennett er Page18
THE MICHAEL MARSH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2021 ACCOUNTING POLICIES al Basls of Preparatlon These firancial statements have been prepared in accordante with the Statement of Recommended Practice for Charities ISORP IFRS 102 Section IAII, in accordance with the Financial Reporting Standard IFRSI 102 Section IA and the Charities Act 2011. These financlal statements are prepared undèr thÈ historical cost convention, as modified by the revaluation of listed investments to market value. The Michael Marsh Charltab e Trust meets the definltion of a public benefit entity under the Charitie5 SORP. bl Assessment of 8olng concern The Trus-.ees con51der that there are no materlal uncertalnties about the Trusys ablllty lo contlnue as a 8olng concern. Wlth respect to the next reportlng perlod, the m05t slgnlflcant aieas of uncertabnty that affect the carrylng value of assets held by the Trust are the level of investment return and the performance of Investment markets (see the investment policy and performance and risk management sections of the Trustees, annua5 report for more info¥mationl. cl Judgements and estlmatlons Management has not made any signlflcant judgements In the process ol applying the accounting polities and there are no area5 01 estlmation that have a 518nlfl¢Jnt rlsk of cau5Ing a material adjustment to the carrylng amount5 01 a55ets and liabilities. dl Cash flow exemptlon A statement of Cash Flows ha5 not been prodvced as the charity is within the small charity thresholds under Financial Reporting Standard IFRSI 102 Section IA. el Income Income Is Included In the flnancial statements on the accruals basls, and 1$ 8r0s5 01 any tax recoverable. All Income arose in the Unlted Kingdom. Expendlture Expendlture is recorded on the accruals basls. The cost of irrecoverable value added tax Is Included wlth the expense i-.em to which it relate5. The administration and management expenses represent the cost of the general administration function5 of the Charity includin8 the cost of administering the grant giving process. Grants payable are recognised as liabilities when they have been approved by the trustees. The investment advisors, commission charge5 are Included in the investment acqui51tion c05ts/di5P05al proceeds. Governance costs are made up of Independent Examlnerfs fees. Page 19
THE MICHAEL MARSH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2021 81 Listed Investments Listed investment5 are included in the account5 at a value based on their mid-market prices at the balance Sheet da-e. Unrealised gains or105ses are recognised in the year in accordance with the plovlsions of SORP. h) Flnanclal Instrument5 The Charity only has flnanclal asset5 and financial liabilities of a kind that qualify a5 basic financial Instruments. Basic finèncial inslruments are initially recogni5ed by transactlon value and subsequently measured at thelr 5ettlernent value. 11 Funds The Endowment fund represents the whole value of the fund whlch the Trustees conslder is available to them for general grant makin8 in accordance with the policy agreed by the Trustees. INVESTMENT INCOME 2021 2020 Gross Ir,teresi pald by RBQS Dlvldend recelvable 135 99.393 99,402 142.548 142,683 3. CHARITABLE ACTIVITIES Grants awarded las schedule page5 12-161 80,612 265,526 Management and Admlnlstratlon C05t5 other admin15tration cost5 6,119 6,412 Governance C05ts Independent Examlner's fees 2,382 89.113 2.316 274,254 TRUSTEES REMUNERATION The Trus-.ees' receive no remuneration and do not claim any expenses. The Charlty has no employees and therefore there are no staff costs. Page | 10
THE MICHAEL MARSH CHARITABLE TRUST NOTESTOTHE FINANCIAL5TATEMENTS YEAR ENDED 5 APRIL 2021 5. QUOTEO INVESTMENTS 2021 2020 Market valuè at 6 April 2020 Disposals Acquisitions Gain IILossl on Investments 2,483,960 1436,3761 275.815 829 434 3,310,928 1279.4401 110,495 648 023 Market value at 5 Aprll 2021 3 152 833 483 960 Cost at 5 Aprll 2020 At 5 Aprll 2021 the followlng holdlng was valued above 5% of the total value of the Investment portfollo. Value l£1 310,792 165,494 163,238 % of Portfollo 9.86 S¢ott15h Mortgage Investment JP Morgan Global Growth & Income Legal & General Group 5.25 5.18 LIABILITIES- amounts lalllng due wlthln one year 2021 2020 Independent examlnation fee5 Admini5tratlon fèes Unpre5ented cheque5 2,382 465 2,316 425 38,812 29,CX)O Grants committed to.. Acorns Children's Hospice Admaslon House Community Centre Trust S4E Ibmited The Entefpfi5e Club for Disabled People The KEH5 Trusl 5,0 5,000 20,000 5.000 30.000 2,000 50,000 20,000 30,000 2,000 Trailblaiers Mentorin8 Trinity Christian Centre Trust (Rowheath Pavilion) University of Warwick Ilntouniversityl 25,000 25,OCX) 118,659 173.741 Page | li
THE MICHAEL MARSH CHARITABLE TRUST NOTESTOTHE FINANCIALSTATEMENT5 YEAR ENDED 5 APRIL 2021 LIABILITIES- amounts falllng due after more than one year 2021 2020 Grant5 committed to.. S4E Limited 20,000 112.500 2.1)00 so,i)00 The KEHS Trust 82,500 Trailblazers Mentorlng Unlverslty of Warwick Ilntounlversltyl 25,000 107,5CIO 184,51)0 8. RELATED PARTY TRANSACTIONS There are no related party transactlons durlng the year ended 5, AprS12021 or the prior year. GRANTS MADE DURING THE YEAR ENDED S APRIL 2021 2021 2020 Elderly l Old People 291 Community A5s0cialion Age UK Dudley Bethel New Llfe Apostollc Church and Communlty Hall Kathèr1 House Hospice Misfit5 Nlusic Foundation 1,5fKI 3,CXJO 1,000 1,500 2.000 2.000 Narthex 5parkhill Quinborie Communlty Association The Gap 2.000 8,000 7,000 Chlldren l Young People 237th Blrmlngham Ilst Castle) Scout Group 2nd WanNick Sea Scouts 1,000 3,352 Acorn5 thildren'5 Hosplce Trust All Saint< Youth Project Birmingham Orminton Academy Theatre Birmingham PHAB Camps Black Country Touring CHICKS 2,000 I,soo 2,500 2,000 2,500 Duke of Edinburgh's Award 5,0(K) Pa8e112
THE MICHAÉL MARSH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENOED 5 APRIL 2021 Edward's Trust 1,0 1,5 1,2(X) Family Fund Free@La5t Friends of Victoria School 3.OLKI 1,000 I,oco Guy's Gift Kenelm Youth Trust Kids A(4venture UOB Martineau Gardens Performance Birmin8ham Limited Place28e 5,000 1.50D 2,000 2,000 2,000 2,000 2,500 2,000 2,000 3,000 2,500 1,000 1,000 Police Communlty Clubs of Great 8rltaln Redthread Youth Lid Royal Academy of Culinary Arts, Adopt a School Trust Spurgeons Sudden Productions I,(y)o 2,5C Teènage Canter Trust The Donna Louise Trust I,soo The Haven, Wolverhampton The Norman Laud Association The Prlnce's Trust 2,OCXJ 1,0 2,500 2,0 1,600 Volynteerlng Matters West Midlands Quaker Peace Education Project 2,000 2,2SO 35,452 44,950 People wlth DisabS11ty Aut15tica 2,$00 2,51)0 Avery Fields Community Sports Trust Birmingharn Royal Ballet Breast Cancer Haven 2,5 2,500 2,500 Britlsh Dlsabled Anglin8 Association Calibre Audlo Llbrarv Caudwell Children Central England Lipreading Support Trust Chris Westwood Charity Disability Resource Centre Dogs for Good Ethos Group Headway Birmin8ham and Solihull KIDS 1,000 1,000 960 2,000 2,000 1,000 2,000 2,500 2,000 4,000 2,500 1,000 Llving Paintings Lord'5 Taverners 5.IX)O Page113
THE MICHAEL MARSH CHARITABLE TRUST NOTESTOTHE FINANCIALSTATEMENTS YEAR ENDED 5 APRIL 20ZI Muscular Oystrophy Support Centre 2.000 300 myaware NICE 2,500 2,500 25,000 1,000 5,000 1,000 5,000 1,000 1,000 1,000 SENSE Special Olymplcs City of Birmln8ham St Glles Hospl¢È St Peter s Communlty Centre The Enterprise Club for Disabled People The Extracare Charitable Trust The Jubllee Sallln8 Trust The Norrnan Laud Assoclatlon Wolverharnpton Samaritans soo 21,260 66,000 Rellef of Poverty A Band of 8rother5 Elim Life Church KinB5tandin8 Free@last Loaves N Flshes 2,500 I,soo 6,000 s.rxjo 2,000 Maggs Day Centre Plers Road New Communities Centre Associatlon 3,000 ReCOM 1,5rx) 2,500 2,000 Ryder5 Green Methodist Oay Centre Sandwell Homeless and Resettlement Project 50lihull Christian Fellowship Spitfire Advice and Support Service5 Sl Anne's Floslel 2,000 2,500 2.000 3,800 1,500 2,500 St Bartholomew's Church and Communlty Hall St Ba511's st Luke's Gas Street Church 6,000 The Big Issue Foundation The Hardman Trust The Jericho Foundation 1,500 2,000 2.000 The Royal Agricultural Benevolent Institution Two Pennies Money Advise I,cM)o 28,500 26,300 Education l Training BID Services 1.500 Brltish Dlsabled Angllng A550ciation Colebridge Trust I,OOD 2,000 Page | 14
THE MICHAEL MARSH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2021 Engineering Developrnent TTUSt Prisoners, Education Trust Read for Good 2,500 2.150 2,000 60,000 1,000 2,500 3,000 3,000 2,500 S4E Limited Shirley and District Sea Cadets Spoit 4 Life UK The Access Project The Heart of England FoTest The Prince's Trust The Royal National College for the Bllnd Transltlons UK 2,500 3.000 3,000 Way Ahead Support Servlces 10.650 81,IMJO General Charltable Purposes ABF The Soldiers Charlty Atacla Famlly Support Ackers Adventure 1.500 2,500 2,000 5,000 1,000 Admaston House Communlty Centre Trust Arrive Al ve Bipolar UK 8irmin8ham Community Healthcare NHS Foyndation Trust General Charity BITmln8ham St Mary's Hosplce Britlsh Llver Trust CleanupUK Friends of Cotteridge Park Home Start Blrmingham Central and South West Home-start Blrmingham North and Inner Cltv HOPE Group Katharine House H05pice Kinmos Volunteer Groups Koestlei A¥ts 1.000 I,soo 2,000 2,lJOO 1,500 2,5¢X) 2,000 1,000 2,500 2,CMJO 2.500 I,O(K) 1,000 2,000 Marie Cu-ie Mary Ann Evans Hospice PCC Of Eccle5ia5tical Parish of St Matthew, Perry Beeches Sandwell Asian Development Association St Paul'5 Communlty Development TTU5t stechford Baptist Church The Birmingham Boy5 and Gir15 Union The British Beekeeper5' Association The Colebridge Trust 2.500 1,000 I,CM)O 15,0001 I,t>oo 3,500 2,0(K> Page | 15
THE MICHAEL MARSH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED S APRIL 2021 The Cotteridge Church Three Trees Community Centre Thrive Trailblazer5 Mentoring University of Birmingham Warwlckshire and Northampton AIT Ambulance Welcome to Our Future 2,000 3,500 2,000 6,000 1.250 3,276 1,000 Wellbeing of Women YHA 2,000 2,500 (SO,0) Trlnlty Chrlstlan Centre Trust (Rowheath Pavllionl 123,2501 40,276 TOTAL 80,612 265,526 Page | 16