**REGISTERED CHARITY NUMBER: 273992** ## **THE M D AND S CHARITABLE TRUST** **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** Sugarwhite Meyer Accountants Ltd Chartered Accountants & Statutory Auditor First Floor 94 Stamford Hill London N16 6XS **THE M D AND S CHARITABLE TRUST** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** |||**Page**|| |---|---|---|---| |**Reference and Administrative Details**||1|| |**Report of the Trustees**|2|to|3| |**Report of the Independent Auditors**|4|to|6| |**Statement of Financial Activities**||7|| |**Balance Sheet**||8|| |**Cash Flow Statement**||9|| |**Notes to the Cash Flow Statement**||10|| |**Notes to the Financial Statements**|11|to|17| **THE M D AND S CHARITABLE TRUST** **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 5 APRIL 2025** **TRUSTEES** Mr M D Cymerman Mrs S Cymerman Mr M Kaufman **PRINCIPAL ADDRESS** 479 Holloway Road London N7 6LE **REGISTERED CHARITY** 273992 **NUMBER AUDITORS** Sugarwhite Meyer Accountants Ltd Chartered Accountants & Statutory Auditor First Floor 94 Stamford Hill London N16 6XS **BANKERS** National Westminster Bank plc Gateshead Tyne and Wear NE8 1YU Page 1 ## **THE M D AND S CHARITABLE TRUST** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025** The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. The trustees have adopted the provisions of 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). ## **REFERENCE AND ADMINISTRATIVE INFORMATION** The information is shown on page 1 of the financial statements and forms part of this report. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objects of the charity are general charitable purposes and in particular religious education, advancement of religion and the relief of poverty. The trustees confirm that they have given due regard to the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities and setting the grant making policy for the year. ## **Grantmaking policy** The trustees are approached for donations by a wide variety of charitable institutions operating both in England and abroad. The trustees consider all requests which they receive and make donations based on circumstances and the level of funds available. In making donations, the trustees use their personal knowledge of the institution, its representatives, operational efficiency and reputation. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** The charity is reliant on the income from investments and voluntary income from companies connected with the trustees. There was a increase of circa 230% in donations,15.4% in investment income and 63.2% in raising funds expenditure in comparison to last year. The trustees decreased grantmaking by 17.5% and there was a surplus for the year. The charity continued its philanthropic activities both in England and abroad. ## **FINANCIAL REVIEW** ## **Investment policy** The charity trustees have the power to make any investment which they see fit. The trustees consider that the current investments in property and shares meet their criteria for income and capital growth.The trustees regularly review the investments having regard to the charity's needs. ## **Reserves policy** The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity. Reserves at the year end were £5,020,357 (2024 - £4,426,373) with free reserves of £24,388 (2024 - £1,210). ## **FUTURE PLANS** The trustees anticipate that the charity will continue on a similar basis in the foreseeable future subject to satisfactory income and there are no plans for any major changes. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is governed by Deed of Trust dated 14 April 1977. ## **Recruitment and appointment of new trustees** It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures. ## **Risk management** The trustees have reviewed the major risks that the charity is exposed and confirm that they have established systems to mitigate them. Page 2 ## **THE M D AND S CHARITABLE TRUST** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025** ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees on 5 February 2026 and signed on its behalf by: Mr M Kaufman - Trustee Page 3 ## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE M D AND S CHARITABLE TRUST** ## **Opinion** We have audited the financial statements of The M D and S Charitable Trust (the 'charity') for the year ended 5 April 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). - In our opinion the financial statements: - give a true and fair view of the state of the charity's affairs as at 5 April 2025 and of its incoming resources and application of resources, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Charities Act 2011. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: - the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records and returns; or - we have not received all the information and explanations we require for our audit. Page 4 ## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE M D AND S CHARITABLE TRUST** ## **Responsibilities of trustees** As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. ## **Our responsibilities for the audit of the financial statements** We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We also identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. The risk of not detecting a material misstatement resulting from fraud is higher than one for one resulting from error, as fraud may involve collusion, forgery, intentional omissions misrepresentation or override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of charity's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about charity's ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. Page 5 ## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE M D AND S CHARITABLE TRUST** ## **Use of our report** This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Sugarwhite Meyer Accountants Ltd Chartered Accountants & Statutory Auditor First Floor 94 Stamford Hill London N16 6XS 5 February 2026 Page 6 ## **THE M D AND S CHARITABLE TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
4
**Charitable activities**
5
Grantmaking
Support
**Total**
Net gains on investments
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**2025**
**Unrestricted**
**fund**
**£**
186,250
333,158
519,408
162,668
410,349
14,760
587,777
662,353
593,984
4,426,373
5,020,357|**2024**
**Total**
**funds**
**£**
79,750
288,823
368,573
99,669
497,325
12,291
609,285
7,769
(232,943)
4,659,316
4,426,373| |---|---|---| The notes form part of these financial statements Page 7 ## **THE M D AND S CHARITABLE TRUST** ## **BALANCE SHEET 5 APRIL 2025** |**Notes**
**FIXED ASSETS**
**Investments**
Investments
9
Investment property
10
**CURRENT ASSETS**
Debtors
11
Cash at bank
**CREDITORS**
Amounts falling due within one year
12
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
13
**NET ASSETS**
**FUNDS**
16
Unrestricted funds
**TOTAL FUNDS**|**2025**
**Total**
**funds**
**£**
16,199
5,061,128
5,077,327
71,213
77,312
148,525
(52,924)
95,601
5,172,928
(152,571)
5,020,357
5,020,357
5,020,357|**2024**
**Total**
**funds**
**£**
17,045
4,473,577
4,490,622
80,570
41,624
122,194
(40,411)
81,783
4,572,405
(146,032)
4,426,373
4,426,373
4,426,373| |---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 5 February 2026 and were signed on its behalf by: Mr M Kaufman - Trustee The notes form part of these financial statements Page 8 ## **THE M D AND S CHARITABLE TRUST** ## **CASH FLOW STATEMENT FOR THE YEAR ENDED 5 APRIL 2025** |**Notes**
**Cash flows from operating activities**
Cash generated from operations
1
Interest paid
Net cash used in operating activities
**Cash flows from investing activities**
Sale of fixed asset investments
Sale of investment property
Interest received
Net cash provided by investing activities
**Cash flows from financing activities**
New loans in year
Loan repayments in year
Net cash provided by/(used in) financing activities
**Change in cash and cash equivalents**
**in the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
2
**Cash and cash equivalents at the end**
**of the reporting period**
2|**2025**
**£**
(39,150)
(12,228)
(51,378)
648
75,000
729
76,377
6,539
2,000
8,539
33,538
41,624
75,162|**2024**
**£**
(230,615)
(8,441)
(239,056)
8,321
279,500
279
288,100
-
(2,545)
(2,545)
46,499
(4,875)
41,624| |---|---|---| The notes form part of these financial statements Page 9 ## **THE M D AND S CHARITABLE TRUST** ## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 5 APRIL 2025** ## **1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES** ||**ACTIVITIES**|||| |---|---|---|---|---| ||||**2025**|**2024**| ||||**£**|**£**| ||**Net income/(expenditure) for the reporting period (as**|**per the**||| ||**Statement of Financial Activities)**||593,984|(232,943)| ||**Adjustments for:**|||| ||Gain on investments||(662,353)|(7,769)| ||Interest received||(729)|(279)| ||Interest paid||12,228|8,441| ||Decrease in debtors||9,357|1,513| ||Increase in creditors||8,363|422| ||**Net cash used in operations**||(39,150)|(230,615)| |**2.**|**ANALYSIS OF CASH AND CASH EQUIVALENTS**|||| ||||**2025**|**2024**| ||||**£**|**£**| ||Notice deposits (less than 3 months)||77,312|41,624| ||Overdrafts included in bank loans and overdrafts falling due within one|||| ||year||(2,150)|-| ||Total cash and cash equivalents||75,162|41,624| |**3.**|**ANALYSIS OF CHANGES IN NET DEBT**|||| |||**At 6.4.24**|**Cash flow**|**At 5.4.25**| |||**£**|**£**|**£**| ||**Net cash**|||| ||Cash at bank|41,624|35,688|77,312| ||Bank overdraft|-|(2,150)|(2,150)| |||41,624|33,538|75,162| ||**Debt**|||| ||Debts falling due within 1 year|-|(2,000)|(2,000)| ||Debts falling due after 1 year|(146,032)|(6,539)|(152,571)| |||(146,032)|(8,539)|(154,571)| ||**Total**|(104,408)|24,999|(79,409)| The notes form part of these financial statements Page 10 **THE M D AND S CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Judgements and key sources of estimation uncertainty** In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. These estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. The estimates and underlying assumptions are reviewed on an ongoing basis. The valuation of investment properties is inherently subjective, depending on many factors, including the individual nature of each property, its location and expected future net rental values, market yields and comparable market transactions. Therefore, the valuations are subject to a degree of uncertainty and are made on the basis of assumptions which may not prove to be accurate, particularly in periods of difficult market or economic conditions. ## **Income** All income is included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Donations are accounted for when received. All other income is recognised on a receivable basis. ## **Expenditure** Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT which is reported as part of the expenditure to which it relates. Raising funds comprise investment management costs relating to the investment properties. Grants are only recognised in the accounts when paid. Support costs are those incurred to assist the work of the charity but are not direct charitable activities Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. ## **Investment property** Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Financial instruments** The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the amount expected to be received or paid and not discounted. ## **Going concern** There are no material uncertainties about the charity's ability to continue. Page 11 ## **THE M D AND S CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025** ## **2. DONATIONS AND LEGACIES** |**2.**
**DONATIONS AND LEGACIES**|||| |---|---|---|---| |Donations
**3.**
**INVESTMENT INCOME**
Rents received
Income from listed investments
Deposit account interest
**4.**
**RAISING FUNDS**
**Investment management costs**
Portfolio management
Utilities and other property expenditure
Property repairs
Legal and professional fees
Interest payable and similar charges
**5.**
**CHARITABLE ACTIVITIES COSTS**
Grantmaking
Support
**6.**
**GRANTS PAYABLE**
Grantmaking|**Grant**
**funding of**
**activities**
**(see note**
**6)**
**£**
410,349
-
410,349|**2025**
**£**
186,250
**2025**
**£**
331,713
716
729
333,158
**2025**
**£**
38,832
26,449
80,301
4,858
12,228
162,668
**Support**
**costs (see**
**note 7)**
**£**
-
14,760
14,760
**2025**
**£**
410,349|**2024**
**£**
79,750| ||||**2024**
**£**
287,854
690
279| ||||288,823| ||||**2024**
**£**
31,154
17,258
41,639
1,177
8,441| ||||99,669| ||||**Totals**
**£**
410,349
14,760| ||||425,109| ||||**2024**
**£**
497,325| Page 12 ## **THE M D AND S CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025** ## **6. GRANTS PAYABLE - continued** The total grants paid to institutions during the year was as follows: |Advancement of education
Advancement of religion
Relief of poverty
General purpose
Medical aid
Social welfare|**2025**
**£**
41,800
40,120
312,880
11,499
1,600
2,450
410,349
145,050
89,780
25,000
12,050
11,500
10,350
10,000
9,000
6,450
6,200
5,400
5,000
74,750
410,350|**2024**
**£**
20,250
240,900
216,875
19,300
-
-| |---|---|---| |||497,325| |||| |Amud Hatzdokoh Trust||| |Yesamach Levav||| |Friends of Mercaz Hatorah Belz Macnivka||| |Ichud Mosdos Gur Ltd||| |Keren Ezer Lenisuin Beth Yisroel||| |Ezer Lenetzrochim||| |Kolel Shaarei Shlomo||| |Bederech Kovod||| |Vaad Harabonim||| |Kalev Institutions||| |Achiezeer||| |Yeshivas Inrei Emes||| |Other under £5,000||| |||| |||| |||| |**7.**|**SUPPORT COSTS**||||| |---|---|---|---|---|---| |||||**Governance**|| |||**Finance**|**Other**|**costs**|**Totals**| |||**£**|**£**|**£**|**£**| ||Support|173|3,319|11,268|14,760| Support costs, included in the above, are as follows: ## **Governance costs** |Auditors' remuneration
Auditors' remuneration for non audit
work
General expenses|**2025**
**2024**
**Total**
**Support**
**activities**
**£**
**£**
5,400
4,200
5,160
3,960
708
-
11,268
8,160| |---|---| Page 13 **THE M D AND S CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025** ## **8. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 5 April 2025 nor for the year ended 5 April 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024. ## **9. FIXED ASSET INVESTMENTS** |**FIXED ASSET INVESTMENTS**|| |---|---| ||**Listed**| ||**investments**| ||**£**| |**MARKET VALUE**|| |At 6 April 2024|17,045| |Revaluations|(846)| |At 5 April 2025|16,199| |**NET BOOK VALUE**|| |At 5 April 2025|16,199| |At 5 April 2024|17,045| There were no investment assets outside the UK. |**10.**
**INVESTMENT PROPERTY**
**FAIR VALUE**
At 6 April 2024
Disposals
Revaluation
At 5 April 2025
**NET BOOK VALUE**
At 5 April 2025
At 5 April 2024|**£**
4,473,577
(75,000)
662,551
5,061,128
5,061,128
4,473,577| |---|---| The Company's investment properties were valued by the trustees based on the trustees' understanding of property market conditions and the specific properties concerned Page 14 ## **THE M D AND S CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025** |**11.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Agents' accounts
Agents' control
Prepayments and accrued income
**12.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 14)
Other creditors
**13.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 14)
Other creditors
**14.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
Bank loans
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
Repayable otherwise than by instalments:
Bank loans more 5 yrs non-inst
Other loans more 5yrs non-inst
Bank Loans|**2025**
**£**
67,351
153
3,709
71,213
**2025**
**£**
4,150
48,774
52,924

**2025**
**£**
39,066
113,505
152,571
**2025**
**£**
2,150
2,000
4,150
8,000
1,287
29,779
113,505
-
143,284|**2024**
**£**
58,190
4,734
17,646
80,570
**2024**
**£**
-
40,411
40,411
**2024**
**£**
-
146,032|**2024**
**£**
58,190
4,734
17,646| |---|---|---|---| ||||80,570| ||||**2024**
**£**
-
40,411| ||||40,411| |||146,032|| |||**2024**
**£**
-
-|| |||-|| |||-|| |||-
-
108,201
37,831|| |||146,032|| Page 15 **THE M D AND S CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025** ## **15. SECURED DEBTS** The following secured debts are included within creditors: |Bank loans
Other loans|**2025**
**£**
41,066
113,505
154,571|**2024**
**£**
-
108,201| |---|---|---| |||108,201| The loans are secured on the charity's investment properties. ## **16. MOVEMENT IN FUNDS** |**At 6.4.24**
**£**
**Unrestricted funds**
General fund
4,426,373
**TOTAL FUNDS**
4,426,373
Net movement in funds, included in the above are as follows:
**Incoming**
**Resources**
**resources**
**expended**
**£**
**£**
**Unrestricted funds**
General fund
519,408
(587,777)
**TOTAL FUNDS**
519,408
(587,777)||**Net**
**movement**
**in funds**
**£**
593,984
593,984
**Gains and**
**losses**
**£**
662,353
662,353|**At**
**5.4.25**
**£**
5,020,357
5,020,357
**Movement**
**in funds**
**£**
593,984
593,984| |---|---|---|---| ||||| ||||| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**TOTAL FUNDS**|**At 6.4.23**
**£**
4,659,316
4,659,316|**Net**
**movement**
**in funds**
**£**
(232,943)
(232,943)|**At**
**5.4.24**
**£**
4,426,373| |---|---|---|---| ||||4,426,373| Page 16 ## **THE M D AND S CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025** ## **16. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
368,573
368,573|**Resources**
**expended**
**£**
(609,285)
(609,285)|**Gains and**
**Movement**
**losses**
**in funds**
**£**
**£**
7,769
(232,943)
7,769
(232,943)| |---|---|---|---| ## **17. RELATED PARTY DISCLOSURES** The charity received an unrestricted donations of £161,500 from charities in which two of the trustees have an interest. Page 17