Reglst¢r¢d llumber 26611116 (1973) Year Lever Brog & Co Chlrtered Ae¢owitants Flrst Floor 690 Great West Ro•d 08terley Villag¢* Islewortb TW7 4PU he Maurits Mulder Canter Charltable Tru nform Trwtee5 Mrs Kathrine Hume, CA Mrs B. Robson Mr S. R Hallows CCIBS Chirity Reg. No 266006 {1973} Independellt Examitier S.A. Raja F.C.A., F.C.C.A. L¢v¢r Brothers & Co First Floor 690 Great Wesi Road Osteiley Villa8e, Isleworth TW74PU Charity Address 22 London Road Kilmarnock KA3 7AQ Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill. West Malling Kenl. ME19 4JQ Investment Fund Advisors Raven%roft The Singing Men's Chambers 19 Minster Precincts Petuborough PEI ILX The Imaurlts l¥ltslder Cxiiier Ch8rliAble Trust Contettts Page Report of th¢ Trustees Indepeiideni Examiiier's Report Statemeni of Fillancial Activities Balance Sheet Note5 to the financial ststernents Charitable donations rnade in year 10-11 The Maurits Mulder Canter ChaTlt#ble Trust Chari l5tration Number 2661106 197J ort of tbe Trustee5 for tbe ear ended 315t Dece er20 The Trustees present their Report and Financial Statements for the year ended 31 December 2023. Principle Activity #rtd Grant Making Policy The Trustees have complied with the duty in section 17{5) 0(the 2011 Charities Act to have due regard to ¥uidance published by Ihe Charity Commi55ion on public benefit. Th¢ Charitable Trust continued the trnditional activity of managing the capital to produce income for the support of an appropriate proportion of Jewish and otheT worthy ¢harities nominated by the Trnsiees and decided 84t a TA￿tee$ meeting. at their discretion in accordance with the tryst deed. continuing to make charitable donations on an annual basis in linE Wlth income. The Charitable Ttust iy a registered cljarity and is knund by the code of the Charities Commission. The nionies donakd to each charity benefit the public. in line Wilh ea¢h ¢harity's objectivc. The Trust¢es support ¢hariti¢s whi¢h have stated obj￿tiveS as follows= The prevention or relief of poverty, mainly in the UK bul includes Jewish overseas and other overseas charities.. The advancement of educalioIL, mainly UK ¢hildren but iticludes Overseas and some adult awareness. The advancement of health & lifcsaving treatrnentg. includes both health care provisio and research: Th¢ pres¢rvation. ¢ons¢rvation, and prot¢¢tion of th¢ environment, nature. wildlife and the prud¢nt us¢ of r¢souw¢s' Th¢ relief of poverty and improvement of the ¢onditi¢)ns of lif¢ in wially and econornically disadvantaged communities. The relief L>f those tn need by reason of youth, age, ill-health, disability or financial hardship and any other purtK)se in charitable law. The Trust has continued to make donations towards projects in both tlEe UK and overseas This year. Over the last few yefjr due to unsettled financial markets we have suspended donations to larger charities, PriOTittsing smaller organisations. The T￿Ste¢S ar¢ happy that we are cU￿entlY supporting the correct number of charities 2023-15. 2022-13. A totsl of £28,000 donatt'ons were made, allowing £2,000 or £1,000 to each charity. Th¢ Nlaiirlt% Miilder Canter CIIArit8bli, Tr115t Ch8rih. Re istrfilion liiiinbtr 2661106 197.1 ort of ihe Trii8le¢s for ihc ear ended .115t December 2023 Continued... The Tw$t¢¢8 who served dursng the year were Mr Simon Hallows (Inv¢stm¢nt Manager), Mrs BarbaTa Robson {Donations Manager), Mrs Katherine Hume (ChairJAc¢ountsl. The three Trustees have worked well togeth¢r this year and bring a good mix of ¢xperience and skills to ensurc the best derisions are mad¢ for the Trust movin8 fonvard. Due DIMgence The Tru5tee5 and Chair delegated with Jnanaging the Maurits. Mulder Canter Charitable Trust undertake due diligence cbecks on all donaiions. Thege will include. but are not limited to.. Checking tl)e Registered Charily Number is valid. Checking the Cliarity Comrnission website for any anomalies. filing irregularilies etc. Pro-active with Charity personal phone / visit conts¢t by Trustee or on-line checks. . Drawing on the local knowledge of The Trustees and others. Future Plttns While fInancial markets continue to be volatile, thr Tnjsi will reduc¢ its donations io the limit of its income for the year. ensuring a 801id foundation for future year¥. RAven5¢roft has been an excellcnt partner, advising the trust reliably during these turbul¢nt times. We look forward io working with them t) navigate the changing markets and grow our balance $h¢¢l over the coming years. Investment Poiiey It should be noted that Ravenscroft Stockbrokers manage the inv¢$t¢d assets on an advisory basis. Trustees takc regular adyicc on the investments from our contact at Ravens¢roft. Richard Allen FCSI, he has recently confirnied that we should maintain our existing portfolio that 18 well balanced on global and domestlL investments and bon(is. Since the FYE 2023 there has already been some recovery in capital values and is.8een as likely to ¢ontinu¢ with a number of ￿lldS discounted in value to attract new investments and with I￿v￿rOrS ¢urrently enjoying no risk returns at ¢50/0 on cash. W¢ have a medium T1￿k appetite and focus on income to enable the level of donatlons we wish to support. Dividends and bond income have F£en a bit better than expeC￿d and we should be able to increas¢ donations in 2024. The investments remain in line wilh the Tnjstee's balanced aiiiiude to inve51ment risk. and the harity retains at least one year's donations on deposit lo fall back on if required (over 2nd abov¢ the income Payments received from the investments throughout the year, which ar¢ used towards th¢ annual donations). In additioll, the charity bank and savings aeeounts hold enough to cover any incidental ¢o$t8 throughout th¢ year. On ihis ￿1￿1, it shollld be noted that the Trnstees ontinue to furtd their own travel expejjses. r 2023 Reserves Poll¢y Cash funds ar¢ held to cover at least the costs of one year's ornual donatio￿% and administration costs. Risk ManAgemeDt As the trust no or*￿I0nal activities, the main risk to the charity relates to ihe management of the endowment fund ond the misuse of the inL%i ineome. The Truste¢5 have esMbli$h¢d management Pror￿Ur￿ and controls in line whth th¢ te£¢)rnmended EÉst practice of the Chariiies Commission, includin8 rcgular reporting ts) minimis¢ these risks. The risk management frarnework and k¢y risks were reviewed and upjated. Given the economic and environmentsl issues impacting UK, Europe, and Global investments. we rernain guided by Raven5¢roft on intaining an appropriate bal8JJce io The invesunent portfolio. We have proFtr control$ to present misuse of funds, and two Stgnatures or digital approv￿5 are Tequwed on all payments. Risk managemeni is considered and reviewed on an annual E4sis. The corre5p)nd¢nce addr¢5s of the charity is 2? London Road. KimarnocL KA3 7AQ. On w)￿r ol. Ihe rustees Mrs K A Hume CA Dat￿ i tr September 2024 Inde eThdent Examiner's Re ort to the Tryslees of The Maurlts Mulder Canter Charlt*ble Trust r¢port on th¢ ￿cOUnts olthe In￿t for th¢ y¢4r ¢nd¢d 31" December 2023, which are set out on pages 5 to 9. This r¢port is made solely to the tNstees as a Ixxly, in acwrdan¢¢ with the Charities Act 2011. My ¢xamination has been undertaken so thAt I might state to the trustees tho8e matters l am required to state to them in an independent examiner's report and for no oiher purpose. To tl)e fullest extent perniitted by law, I do nol accept or assume responsibility to anyone oth¢r than th¢ chariry and the tru$t¢es as a body. for my ex8minAtron. for this r¢port, or for the opinions I have fornied. Respeetlve responslbilities of trustees examlner The charity's trllstees are Te5pon5ible for the preparation of the accounts. The charity's trustees consider thai an audit is not required for this year (under section 144 of the Chariti&8 Act 2011 (the Charities Act), and that an independent ex8millation is ne¢ded. It is my responsibiliiy to examine the accounts (under se¢tion 145 of the 2011 Act): to follow the pr(Kedur¢5 loid down in the General Directions given by ihe Charity cornm1￿510n {under section 145(5Mb) of the 2011 Aci)- and to statc whether particular matters have come to Tny attention. Basis of independent examiner's report My examination was carried out in accordance with Generdl Directions gtv¢n by the Charity Commission. An examination includes a review of the arcounting records kept by the charity and a comparison of the accounts presenied with those records. It also includes consideraiion of any unusual items or dis¢losures in the accounts and seektng explanation from the trnstees cotjcerning any guch ￿att¢r$. Th¢ prrs.' ADJouuls falli diie within on ear 2022 2022 Acc￿￿1$ 650 650 Maurlts Mllid Canter arit8ble tatemen¢s 'car ended 31, Deceniber 2023 4. Tru Ex No Trustees expenses were paid during the year. (2022 £nil). 5. Related Pa n8xetion There We￿ no related party transactions during the year. Brought Incoming Outgoing resources Unrealised /realised gains Carried fomrd General fund 683 172 683 172 679 057 679 057 he Mxurits Mulder Canter Charltfible Tr Pyotes to the FlnAnelal Stitements For the 'ettr ended 31. De¢¢mber 2Q23 7. Charitable Donatfions m dtin ear CattgQry Charltv Nuftthr £ Donotion Kiven 2023 %Chan¥e from 2022 Charitv 1022 IIZ5682 207316 290767 1108464 Mittvah D N*htkn leHamAwso World jewish Rel￿f Bees Abroad Intlusion Educ3tion Releasing Potential-sailing a¢tDiity Ard8owan Hospice Covnsellin8 P35toral Trust Ischoolforthewh￿￿ Surfers Against5ewage Manna Socrety Yellow grick Road Lauchpad Re3din8 2000 2000 2000 2000 2000 loo% 2000 2000 2DOO 1162711 1097440 SCOIL541 loo% 20(Y) 2000 2000 2000 2Tr)0 2000 2000 2000 2DDD 0% 102?526 255913 1145877 294691 1160315 279859 1084189 IODO loo% 2000 iooo 2000 20DO 2000 2000 2000 -50% 2000 802872 SC039611 Whizz-Kids Centre Sta e Cornmunities Ltd 0% 2000 26000 28000 DonatloThObJ•rt4v*% thi c￿mUm1*s The MAurits Mulder Canter Charltable Trust Note to the Financial St8teJllents For thl. exr elided 31, DL'Lenibvr 2U23 Continued.- %of 2023 Total 21% 14% 21% % increase from 2022 Categorv Donatlon 2023 20Z2 4000 4000 6000 2000 4000 6000 26000 6000 4000 6000 2000 4000 6000 28000 50% 14% 21% loo% Total Founder's Charity -li-