REGISTERED COMPANY NUMBER.. 01399239 (Englaiid and Wales) REGISTERED CHARITY NUMBER: 508528 Fiiiancial Stalements for the year ended 31 December 2023 ror Muckloiv charitab￿ Trust Llmited Nlcklin Accountancy Services Limited Church Court stourbrldge Road Halesowen West Midlands B633 Mucklow Charitable Trust Limited Conlents of ihe Financial Slaten)ents for the year ended 31 Decen)ber 2023 Page Report of Ilie Ttu.stees Indepei)dent Examlner's Rewrt Slatenient of Flnanclal Aciivltles Balance Slieet Casl) Flow Statenieiit Notes to the Cash Flow Statemeiit NolÈs to the financial Slatenienls 8 to 11 Detalled Statement of Fliianclal Aclivllies l2 Mucklow Cl)aritable T¥LlSt LlmllÈiJ Report of tlie Truslees for the year elided 31 December 2023 The trustees who are also direclois of the charity for tl)e puiposes of Ihe Coinpanles Act 2006, present their repurt with the financial statenients of the charity for Ihe year pi)ded 31 December 2023. The trustees have adopted the provislons of Accounting and Reportln9 by Charilles: Statement of Reconimended Pracuce appllcable lo charltles preparing Ihelr accounts In accordaiice iyilh ihe Fin3ncial Rewrting Standard appliiable In Ihe UK and Republic of Lreland (FRS 102) (effeclfve l January 2019). OBJECTIVES AND ACTIVITIES Objectlves and alms The charlty ex(sts to promote any charllable purpose5 permitted accordlng to the law of England and Wales. Jt uiidertakes charitable giving and related actlvllles with ihe ain) of supporting charltable bodies and ollier organlzattons eslablislied for or help5ng lo further those charitable purposes. It measures success in the creaiioi) and provlslon of funds for sucli bodles, Sl9nificaiit activities Durfng the year tlie charlty contlnued Ils grant maklng aclillllesi providiiig ftjnds to bodies benefittlng cliarilable causes. Publlc beiieflt Tl)e trustees have had regard lo the Charlty Con)nilsslon guldance on public benefit. ACHXEVEMENT AND PERFORMANCE Charltaijle attlvltles Durlng the year Ilie cl)arily expanded Ils chaFitable 9￿Ing, maklng a rangè of grants, as detalled In the Notes to tlie riiianclal stalenients. Xnvestment perforniance The trustees are pleased with the perforniance of the charlty's Investments In Ihe year, Ivl)Ich have generated valuable dlvldend Incon)e arid have sho¥vn 9rowth In market values. FINANCIAL REVIEW Flnancial posltloii Tl)e trustees coiislder Uie charlty's Ilnanclal poslllon al the end of the year Is heallliy. The charlty's Investments have been strengthened by 11)e donallon of £540,148 of Investhient asseis to the charlty by Ils IrLsslees, and these have helped lo gÈnerale dfvldend Income and market value galns. Investiiient pollcy aiid objectlves The trustees l)Jld IiivÈslmÈnts intended to provide an acceplèble combinallon of securlty together wlth generauon or Ii)coine aiid value growth. Reserve$ pollcv The Inistees aim to niainlain a level of reserves sufficlent to to piovlde a degree of reslllence agalnst potentlal future challenges. At the eiid of the year the reserves of Ihe charity amounted to £26,783 (2022: £33,003). FUTURE PLANS Tlie cliarlty Inlends to conllnue to malnlain Its Investnient holdings and make graiits to viorlhy causes as funds peTmit. STRUCTURE, GOVERNANCE AND MANAGEMENT Goveriiliig documeiit The challty Is controlled by Ils governing document, a deed of trust, and constl(utes a Ilmlted con)pany, limlted by guarantee, as defined by the Companles Act 2006. The charlly Is controlled by Ils governlng docun)ent, Its rnemorandum and articles of association, aiid conslitules a Iln]Iled con)pany* Ilmlled by guarantee, as defliied by the Companles Act 2006. Recrultment and appolntment of new trustees The dlreclors (Irvstees) are selected froni the Mucklo%Y family. Organlsatloiial structure The Iruslees meet regularly to superwse the activltie5 of the charity, though Ii)dlvidual Investnient decislons are delegated to the Investment monagers. Inductlon and traiiiiiig of new tru5tee5 Trustees are proifjded wltli CharSty Commi551on guidance on their role, and briefed on the nature and purposes of tlie charity. Page I Mutklow Charllable Trust Llmlled Report of the Trusiees ror the year ended 31 December 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT R15k management The truslees have a duty to Identlfy and re¥lew the rt5ks to whkh the chaTIty 15 exposed and to ensure approprlale ontrols are In F4are to provlde reasonable assurance agah5t Irèud and ￿rOr. REFERENCE AND ADMINISTRATIVE DETAILS Regi$tered Comphny number 01399239 (England and Wales) Reglstered Chailty number 50B528 Reglstered offl¢e Church Court stotsrbrldge Road Halesowen West Mlthands B633 Trustoes A J Mucklow Ccwpany D5rector Mrs M A Hicknian Company Dlreclor P M Pelherbrklge Sollcltor G J Mucklow Dlrector R J Mucklow Dlrector Company Secretary P M Petherbrldoe Xndependent Examlner Mark Howell FCA Mlcklln Accountsn¥ry Se￿ke$ Llmlled Cthufch Court StourbTldge Road Halesowen West Mldlands B63 3rr Thls report has been prepared In accordante ￿1h Ihe speclal prowsions ol Part 15 of the Companle5 Act 2¢Xt6 relat¢ng lo small companlts, Approved by order of the board of trustees o 20 September 2024 and slgned on Its behalf by: A J Muckbw. Twslee Page 2 Independent Examiner's Report to tl)e Trustees of Mtjcklow Charilable Trusl Llnilted Ii)dependeiit examiiior's report to tlie trustees of Mucklow Chzritable Trust Llnilted {'the Coinpaiiy,) I report to Ilie cliarity trustees on my examlnallon of Ihe accounts of Uie Company for the year ended 31 Oeceinber 2023. Respon51bllltle5 aiid basis of report As the charivs trustees of the Company (and algo its direclors for Ihe purposes of conip31)y law) you ale responslble for the preparétion of tlie accounts li) accordance with the requirements of the Companies Act 2006 ('Ihe 2006 Acv). Haiqng s3llsfiod myself that the accounts of the Coiiipaiiy are not required to be audlted linder Part 16 of Ilie 2005 Act and are ellglble for Independeiil exainination, I retx)rt In respect of my exan)inalion of your chariivs accounts as carried out under Section 145 of tlie Chariues Act 201 I ('ihe 2011 Acl,). In carrying out niy exaii)inatlon I have followed the DIreC￿onS given by the Cl)ariLy Commlsslon under Section 145(5) (b) of the 2011 ACL. Iiidependent exaillliier's stateinent Slnce your cllarlly's gross Income exceeded £250,000 your exèniii)er niusl be a men)ber of è lisled Liody. I can confirm Ilial I ani qualified to undertake the exan)Inatioii because l ain a meinber of the Institule of Charlered Accounlanls In England and Wales, wlilEI) Is oiie of the Ilsted bodies. I have conipleted my exaiiilnation. I confirni that no matters have come to niy allentlon In coiiiiecllon witl) the exainii)atlon glvlng me cavse to belleve: accoiinllng records were not kept in respect of the Company as requlred by Section 386 of the 2006 Act,. oi. the accounts do not accord wlth those records; or tlie aicouiits do not comply wllh the accounting requiremenls of Secilon 396 of the 2006 Act othei tl)aii aiiy requlremenl tl7al the accounts gwe a true and falr view wlilcli Is riot a matter consldered as part of an Independent examlnamon; or the accounts have not been prepared in aLLordance wlth the methods and princ(￿eS of the Statement of Recon)n)ended Pracbce for accouiitlng aiid reportlng by charilles (applicable lo charltles preparliig thelr accounts In accordance with the Flnaiiclal Reportliig Standard applicable In the UK and Republic of Ireland (FRS 102)). I have no concerns and have coi)ie across no other matters in conneclloi) with tha e%an)Inallon lo whkh aitention sl)ould L)e draivn In thls report In order to enable a proper underslandlng of tl)e accounts to be reached, Mark Howe FCA The Iiislitute of Chartered Accountaiits In England and Wales Nlckliii AccounlanLy Servlces Llmited Churcli Court Stourbridge Roa