Charity registration number NIC100236
Company registration number N1617518 (Northern Ireland)
THE MARY PETERS TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE MARY PETERS TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Directors
Lady Mary Peters
Mr Ken Nixon
Mr Jim Gracey
Mr William Doggart
Ms Julia Hastings
Dr Michael McKillop MBE
Mr John Rollins
Mr Jim Rose
(Appointed 30 August 2023)
(Appointed 7 February 20241
(Appointed 8 May 2024)
(Appointed 6 June 2024)
Charity number
NIC100236
Company number
N1617518
Reglstered office
Athletics House
Old Coach Road
Belfast
Northem Ireland
BT9 SPR
Independent examiner
Harbinson Mulholland
Centrepoint
24 Ormeau Avenue
Belfast
Co. Antrim
Northern Ireland
BT2 8HS
Bankers
Danske Bank
Donegall Square West
Belfast
Co. Antrim
Northern Ireland
BT16JS
Solicitors
Cleaver Fulton Rankin
50 Bedford Street
Belfast
Co. Antrim
Northem Ireland
BT2 7FW

THE MARY PETERS TRUST
CONTENTS
Page
Directors, report
Independent examiner's report
Statement of financial activities
Statement of financial position
Notes to the financial statements
7-17

THE MARY PETERS TRUST
DIRECTORS. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The directors present their annual report and financial ststements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the company's goveming document, the Companies Act 2006 and "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)" las
amended for accounting periods commencing from 1 January 2016)
Objectives and activities
The principal objective of the company is the promotion of sport within the province of Ulster within Ireland by..
providing financial awards to individuals and groups to assist with competition as amateurls).,
providing support to help the development of skills and capabilities of sportsmen and women to enable
participation in sport and maximise potential,-
helping sportsmen and women especially, but not exclusively, through sport so as to develop their
capabilities to
enable them to participate in society as independent and responsible individuals:
anything else Gonsidered necessary or expedient to the promotion of sport as deemed necessary by the
directors.
Public benefit
The directors have paid due regard to guidance issued by the Charity Commission in deciding what activities the
company should undertake.
Achievements and perforniance
SignifiGant activities and achievements against objectives
The directors are pleased to report that under the Sports Awards there were 159 grants awarded compared to 128
grants in the prior year. The total amount awarded amounted to £104,050 in the year, as compared to £96,000 in
2023. The directors are grateful for the ongoing support of the company's regular sponsors listed in notes 3 and 20.
Financial revlew
The financial results for the year are shown in the statement of financial activities on page 5. The total surplus for
the year before gains on investments was £41,774 {2023- £73,601). A loss on investments of £4,979 was made in
the year (2023- £91,637 loss).
The Directors are satisfied that the Trust is in a strong financial position and can continue to help young people
achieve their sporting dreams and ambitions in the coming years.
Reserves policy
The company has a reserves policy in place to ensure it is in a position to continue to make sports awards at a level
consistent with or above those which have been maintained in recent years and to cover any contingencies which
may arise. The directors consider it is essential to maintain a substantial level of reserves to ensure funds are
always available to meet their charitable and other commitments.
Designated funds
The directors have not designated any of the unrestricted funds for specific purposes at 31 March 202412023- £nil).
Risk management
The directors have assessed the major risks to which the company is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.

THE MARY PETERS TRUST
DIRECTORS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
ReseThes policy
Financial management risk
The company's principal financial instruments comprise investments, cash, trade debtors and creditors. The main
risks associated with these financial assets and liabilities are set out below..
Liquidity risk
Liquidity risk is the risk that an entity will encounter difficulty in meeting obligations associated with financial
liabilities. As the company has investments and surplus cash reserves liquidity is not regarded as a significant risk.
Interest rate risk
The company invests surplus cash in deposit accounts which are interest bearing and has no bank borrowings.
Accordingly. the directors do not believe that the company has significant exposure arising from interest rate risk.
Structure, governance and management
The Mary Peters Trust was incorporated under the Companies Act {Northem Ireland) 2006 on 25 March 2013, is a
company limited by guarantee. not having a share capital. It is also a registered charity.
The directors have overall responsibility for ensuring that the company has an appropriate system of internal
ontrols, financial and Othe￿ISe. They are also responsible for keeping proper acmunting records which disclose
with reasonable accuracy at any time the financial position of the company and enable them to ensure that the
financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
and to provide reasonable assurance that..
the company is operating efficiently and effectively.
its assets are safeguarded against unauthorised use or disposition;
proper records are maintained and financial information used within the charity or for publication is reliable.,
the company complies with relevant laws and regulations and operates to the public benefit test.
The systems of internal control are designed to provide reasonable but not absolute assurance against material
misstatement or loss. They include-,
a strategic plan encompassing land purchase and refurbishment costs and an annual budget approved by
the directors.
regular consideration by the directors of financial results. variance from budgets, non-financial performance
indicators and benchmarking reviews.
delegation of authority and segregation of duties where possible within the constraints of a small charity-
and
identification and management of risks.

THE MARY PETERS TRUST
DIRECTORS. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The directors who served during the year and up to the date of signature of the financial statements were-
Lady Mary Peters
Mr James Kirkwood
Mr Ken Nixon
Mr Jim Gracey
Mr Barry Funston
Ms Fionnuala McGrady
Mr Keith McGarry
Mr William Doggart
Mr Robert Calvert
Ms Louise Kelly
Ms Julia Hastings
Mr Paul Martin
Dr Michael McKillop MBE
Mr John Rollins
Mr Jim Rose
(Resigned 4 December 20231
(Resigned 20 December 20231
{Resigned 29 January 20241
(Resigned 30 January 20241
(Resigned 6 De￿mber 20231
(Resigned 30 January 20241
(Appointed 30 Augu5l 2023)
(Appointed 30 August 2023 and resigned 10 January 2024)
(Appointed 7 February 2D241
(Appointed 8 May 2024)
(Appointed 6 June 2024)
Recruitment and appolntment of trustees
The recruitment of directors is reviewed periodically by the Board. Nominations are sought and approved by the
Board of suitable persons who have an interest in the promotion of amateur sport within the province of Ulster.
None of the directors has any beneficial interest in the company. All of the directors are members of the company
and guarantee to contribute £10 in the event of a winding up.
Induction and training for new Board members includes information on background and history of the organisation,
roles and responsibilities of Board members, code of conduct. chatitable legislation and company policies and
procedures.
Appropriate training and briefings are organised with external professional adviser5 in respect of governance, the
responsibilities of directors and charities legislation.
The Directors. report was approved by the Board of Directors.
Mr Ken Nixon
Director
im Grac
irector

THE MARY PETERS TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE DIRECTORS OF THE MARY PETERS TRUST
We report to the directors on our examination of the financial statements of The Mary Peters Trust (the company)
for the year ended 31 March 2024.
Responsibilities and basis of report
As the directors of the company land also its directors for the purposes of company lawl you are responsible for the
preparation of the financial statement5 and you have considered the audit requirement of Section 65(3) of the
Charities Act (NII 2008 (the Act). Having satisfied ourselves that the charity is not subject to audit under company
law, and is eligible for independent examination. it is our responsibility to=
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008-,
follow the procedures laid down in the general Directions given by the Charity Commission for Northem
Ireland under section 65191(bl of the Chartties Act-,
state whether particular matters have come to our attention.
Independent examiner's statement
Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of Institute
of Chartered Accountants Ireland, which is one of the listed bodies.
We have examined your charity accounts as required under Section 65 of the Charities Act and our examination
was carried out in accordance with the general Direction5 given by the Charity Commission for Northern Ireland
under section 65(91(bl of the Charities Act. The examination included a review of the accounting records kept by
the charity and a comparison of the accounts presented with those records. It also included consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any
such matters.
Our role is to state whether any material matters have come to our attention giving us cause to believe=
That accounting records were not kept in respect of the company as required by section 386 of the 2006 Act,.
or
the financial statements do not accord with those records; or
That the financial statements do not comply with the accounting requirements of section 396 of the Companies
Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable
to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK
and Republic of Ireland.
That there is further information needed for a proper understanding of the accounts to be reached.
We have completed our examination and have no concerns in respect of the matters111 to {41 listed above and, in
connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters
that require drawing to your attention.
Harbinson Mulholland
Centrepoint
24 Ormeau Avenue
Belfast
Co. Antrim
BT2 8HS
Northern Ireland
Dated:

THE MARY PETERS TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlcted Restricted
funds
funds
2024
2024
Total
Unrestricted Restricted
fvnds
funds
2023
2023
Total
2024
2023
Notes
Income from".
Donations and
legacies
Othertrading
activities
Investments
97.245
69,000
166,245
75,753
68,000
143,753
57,498
75,558
57,498
75,558
103,796
72,353
103.796
72,353
Total income
230,301
69.000
299,301
251,902
68,000
319,902
Expenditure on:
Raising funds
83,931
83,931
97,262
97,262
Charitable activities
104,596
69,000
173,596
81,039
68,000
149,039
Total expenditure
188,527
69,000
257,527
178,301
68,000
246,301
Net gainsl(lossesl on
investménts
13
(4,979)
(4,979)
(91,637)
(91,6371
Net movement in funds
36,795
36,795
{18,036)
(18,036)
Fund balances at 1 April
2023
1,951,145
1,951,145
1,969,181
1.969,181
Fund balances at
31 March 2024
20.21
1,987,940
1,987,940
1.951,145
1.951,145
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activitles.
The statement of financial activities also complies with the requirements for an income and expenditure account
under trie Companies Act 2006.

THE MARY PETERS TRUST
STATEMENT OF FINANCIAL POSITION
ASAT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
15
16
1,670
1,864,818
1,718.435
1,866,488
1.718,435
Current assets
Debtors
Cash at bank and in hand
17
11.856
129.720
21,355
232.563
141,576
253.918
Credltors: amounts falling due wlthin
one year
18
(20,124)
(21,208)
Net current assets
121,452
232,710
Total assets less current liabilitle5
1.987,940
1,951,145
Income funds
Unrestricted funds
21
1,987,940
1,951,145
1,987,940
1,951,145
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2024.
The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which
comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state
of affairs of the company as at the end of the Iinancial year and of its incoming resources and application of
resources, including its income and expenditure, for the financial year in accordance with the requirements of
sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
rinancial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of ils financial statements for the year in question
in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Directors on
Mr Ken Nixon
Director
MrJi
Direct
cey
Company Reglstration No. N1617518

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
The Mary Peters Trust is a private company limited by guarantee incorporated in Northern Ireland. The
registered office is Athletics House. Old Coach Road, Belfast, BT9 SPR, Northern Ireland.
1.1 Accounting convention
The financial statements have been prepared in accordance with the company'5 Igoverning documentl. the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" ("FRS 102,1 and the Charities SORP "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 1021" (effective 1 January 2019)- The
company is a Public Benefit Entity as defined by FRS 102.
The Company has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterfing, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the directors have a reasonable expectstion that the
company has adequate resources to continue in operational existence for the foreseeable future. Thus the
directors continue to adopt the going concern basis of accounting in preparing the f1nancial statements.
1.3 Charitable funds
Unrestricted funds are available lor use at the discretion of the directors in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are sel out in the notes to the financial statements.
1.4 Income
Income is recognised when the company is legally entitled to it after any performance conditions have been
met, the aTnounts can be measured reliably. and it is probable that income will be received.
Grants received for specific purposes are accounted for as restricted funds.
Interest on funds held on deposil is recognised when the amount can be measured reliably by the company.
usually upon notification of the inlerest paid or payable by the bank.
Tumover is measured at the fair value of the consideration received or receivable and represents amounts
receivable for goods and services provided in the normal course of business, net of discounts, VAT and other
sales related taxes.

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng polici8s
(Continued
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in seltletnent, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single aclivity are apportioned beMeen those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and
depreciation charges are allocated on the portion of the asset's use.
Expenditure is accounted for on an accruals basis and includes the attributable input VAT which cannot be
recovered. Expenditure is recognised once there is a legal or constructive obligation to make a paymenl to
third paty.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at C05t and subsequently measured at cost or valuation, net of
depreciation and any impaimient losses.
Depreciation is recognised so a5 to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Computers
330/0 Straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and Ihe carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Fixed asset Investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
incomel(expenditurel for the year. Transaction costs are expensed as incu￿ed.
1.8 Impairment of fixed assets
At each reporting end date. the company reviews the carrying amounts of its tangible assets to detemiine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss {if any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks. other short-temi liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Contlnued
1.10 Financial instruments
The company has elected to apply the provisions of Section 11 '8asic Financial Instruments, and Section 12
'Oiher Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to
the contractual provisians of the instrument.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financlal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the Iransaction is
measured at the present value of the future receipts discounted at a market rate of inlerest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangernent constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effectivè interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transadion price and subsequently measured at amortised cost using the effective interest method.
Derecognltion of financial liabilities
Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or
cancelled.
1.11 Employee benefit5
The cost of any unused holiday entitlement is recognised in the period in which the employee's serVI￿S are
received.
Termination benefits are recognised immediately as an expense when the company 15 demonstrably
committed to terminate the employment of an employee or to provide termination benefits.
1.12 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Crrtical accounting estimates and judgements
In the application of the company's accounting policies, the directors are required to make judgements.
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other SoUr￿s. The estimates and associated assumptions are based on historrcal experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future peiiods where the revision affects both current and future
perrods.
Donations and legacies
Unrestricted Restricted
funds
funds
Total
Unrestricted Restricted
funds
funds
Total
2024
2024
2024
2023
2023
2023
Donations and gifts
97,245
69,000
166,245
75,753
68,000
143,753
Donations and gifts
King George Vl
Local authoritieslGLL
Sports Aid
Navigator Blue
Magill Coaching
Commonwealth
Games Athlete
Alchemy Tech
Services
Other
5,000
5,000
11,000
4,000
4.000
9,000
3,000
11,000
11,000
9,000
3,000
6,000
8,000
6,000
8,000
11,000
3,000
3,000
20,000
66,245
20,000
116,245
20,000
43,753
20,000
93,753
50.000
50.000
97,245
69.000
166,245
75,753
68,000
143,753
Income from other trading activities
Unrestricted Unrestricted
funds
funds
2024
2023
Fundraising events
Book sales
51,206
6,292
103,796
Other trading activities
57.498
103.796
10-

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from investments
Unrestricted Unrestricted
funds
funds
2024
2023
Evelyn Partners investment income
Interest receivable
57,743
17,815
66,011
6,342
75,558
72,353
Expendlture on raising funds
Unrestricted Unrestricted
funds
funds
2024
2023
Fundraising and publicity
Membership schemes and social lotteries
Staging fundraising events
Other fundraising costs
Support costs
4.200
32,676
1,377
36.126
4,200
49.475
2.993
31,238
74,379
87,906
Investment management
9,552
9,356
Totsl costs
83,931
97,262
11

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charitable activities
Charitable
activities
Charitable
activities
2024
2023
Direct costs
Grant funding of activities (see note 8)
126,050
101.000
Share of support and governance costs (see note 9)
Support
Governance
36,126
11,420
31,238
16,801
173,596
149,039
Analysis by fund
Unrestricted funds
Restricted funds
104,596
69,000
81,039
68,000
173,596
149,039
Grants payable
2024
2023
Grants to institutions
Grants to individuals
5,000
121,050
5,000
96,000
126,050
101,000
12-

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Support Governance
costs
costs
2024Support costs Governance
costs
2023
Staff costs
Depreciation
Rent
Premises expenses
Stationery and computer
Sundry
Bank charges
51,325
823
9.325
839
7.920
1,483
537
51.325
823
9.325
839
7,920
1,483
537
51,277
51,277
5,143
1,790
3,422
594
250
5,143
1,790
3,422
594
250
Accountsncy
Accountancy
Legal and professional
3,366
2,004
6,050
3,366
2,004
6,050
3,360
2,146
11,295
3,360
2.146
11,295
72,252
11.420
83,672
62,476
16,801
79,277
Analysed between
Fundraising
Charitable activities
36,126
36,126
36,126
47,546
31,238
31.238
31,238
48,039
11,420
16,801
72,252
11,420
83.672
62,476
16,801
79,277
10 Net movement in funds
2024
2023
The net movement in funds is stated after chargingl{crediting):
Fees payable for the independent examination of the Charity's financial
statements
Depreciation of owned tangible fixed assets
3,366
823
3,360
11 Directors
None of the directors (or any persons connected with them) received any remuneration or benefits from the
cotnpany during the year.
12 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Administration
13-

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Employees
(Continued)
Employment costs
2024
2023
Wages and salaries
Other pension costs
49,751
1,574
49,785
1,492
51,325
51.277
There were no employees whose anriual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management Personnel was as follows..
2024
2023
Aggregate compensatio
41,931
41,072
13 Gains and losses on investments
Unrestricted Unrestrlcted
funds
funds
2024
2023
Gainslllosses) arising on..
Revaluation of investments
Sale of investments
(3,892)
(1,087)
(91,162)
(475)
{4,9791
{91,637)
14 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
14-

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Tangible fixed assets
Computers
Cost
At 1 April 2023
Additions
7,103
2,493
At 31 March 2024
9,596
Depreclation and impairment
At 1 April 2023
Depreciation charged in the year
7,103
823
At 31 March 2024
7,926
Carrying amount
At 31 March 2024
1,670
16 Fixed asset investments
Llsted
Investments
Cost or valuation
At 1 April 2023
Additions
Realised gainsl(10sses)
Disposals
1,718,435
234,199
(4,9791
(82,8371
At 31 March 2024
1,864,818
Carrying amount
At 31 March 2024
1,864,818
At 31 March 2023
1.718,435
17 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
10,000
9,249
12,106
1,856
11,856
21,355
15-

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Creditors: amounts falling due within one year
2024
2023
Other taxation and social security
Trade creditors
other creditDrs
Accruals and deferred income
604
822
5.536
422
14,428
202
19.314
20.124
21,208
19 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profit or105s in respect of defined contribution schemes
1,574
1,492
The company operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the company in an independently adrninistered fund.
20 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors a5 to how they may be used.
Movement In fund5
Incomlng
Resources
Balanco at
resources
expended 31 March 2024
8alanc8 at
1 Aprll 2023
King George Vl
Navigator Blue
Magill Coaching Awards
Other
5,000
6,000
8,000
50,000
15,000)
16,000)
18,000)
150,000)
69,000
169,000)
"Other restricted donations
At the request of the donors, they have asked to remain anonymous.
16-

THE MARY PETERS TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Analysis of net assets between funds
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Fund balances at 31 March 2024 are
represented by..
Tangible assets
Investments
Current assetsl(liabilitiesl
1.670
1,864.818
121,452
1,670
1.864,818
121,452
1.718,435
232,710
1,987,940
1,987,940
1.951,145
22 Related party transactions
There were no disclosable related party tran5aGtions during the year (2023- none).
17