Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
Charlty r•glstratlon numbèr 1111147 IEngland and Wal•s}
Charity reglstratlon number SC041488 (Scotland)
Company reglstratlon number 0SS10132 (England and Wales)
MOTO FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

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MOTO FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustee6
L Hughes
G M Lalchem
S Peacock
M Gorvin
M Haywood
E James
H Meakes
R O'connell
A Proder
SRac
J Donovan
Socr•tary
S Pgacock
Charlty number IEngl8nd and Wale81
1111147
CharSty number Iscollandl
SC041488
Company numbor
05510132
Rtgl8t•rèd offlce
Molo Hospllalily Ltd Head Offlce
Toddinglon Service Area
Junction 11112 M1 Motorway Toddinglon
8edfordshire
LU5 6HR
Audltor
Mercer & Hole LLP
The Pinnacle
170 Midsummer Boulevard
Milton Keynes
Buckinghamshire
MK9 1BP

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MOTO FOUNDATION
CONTENTS
Pago
Trustees, report
Statement of Iruslees, responsibilities
Ind8pgndenl auditorfs report
St8lem8nl of financial activilles
8alance sh8è1
10
Statement ol cash flows
11
Notes lo the financial st81gmenl8
12-21

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MOTO FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees prestsnl their report togtsther with the financi81 ststemenls of the charity for the year ended 31
December 2023.
Legal and adminislralive information set out on the page prior lo the contents forms part of this report. The financial
statements Comply with current $t8lulory requirements. the memoran¢Jum and arts'cles of association and the
Slalemenl of Recommended Pracli¢e- Accounting and reporting for charities.
The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the
financial stalemenls and comply with the Molo Foundation's memorandum and articles of association, the
Companies Act 2006, the Charities and Trustee Investment Iscollandl Act 2005, the Charities Accounts Iscollandl
Regulation5 2006 las amended) and "Accounting and Reporting by Charities.. Slalemenl of Recomrnended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republlc of Ireland IFRS 1021" leffeclive 1 January 20191.
ObJo¢tlve$ and actlvltle$
The Trustees confirm that they have referred lo the guidance on public benefit contained in the Charity
Commission's general guidance on public benefit when reviewing the charity s aims, objectives and future aclivilies.
The objects of the charity are lo advance all purpose5 charitable under the law of England and Wales in particular
bul not exclusively by..
providing grants lo charities and organi5alions in the United Kingdorn.
advancing the education of the public in particular in the conservation. protection and improvement of the
physical and natural environment.,
prol8cling and preserving life in particular through the promotion of, Ènd education in, road safely..
promoting for general benefit of the local communities and their inhabilanls, assistance lo groups in
organising and responding lo identified problems and needs which affect such persons and by lacilitaling
the provision of volunteers (drawn from the employee5 of Molol 10 5UPPOrt such charitable projects for the
benefit ol such persons as the Trustees see fil from lime lo lime.. and through the eslablishmenl of the Molo
Foundation Benevolent Fund. relieving those individuals working for Molo who are in need of relief as the
Tru$l86s detemine from lime lo lime.
The pdnclpal activity was the collection of charflable funds for the above obleclivès.
Achl•vgmgnts and pgrformanog
Significant activities and achievements egainsl objectives
The charity is reliant on donalitsns collected al different Molo servlce slalions, centrally organlsed events by the
member Molo 51ralegic income generator5 co-ordinated by the Foundation e.g. customer facing environment81
niliallve8. Donations 8r8 reflected in the accounts In the year they are achieved.
Molo Hospilalily Ltd I'molo") continue wllh Ihelr commllmenl lo our charity by allowing charlty Iln collection, In a
saf8 way. lo be kept next lo tills. Pennies colleGlions have ¢onlinu8d lo contribute lo sile income via credit card
terminals facililaling cashless donations lolalling £133,087 in 2023, alongside additional contributions from siles
through 'loo good lo go, boosting income generated by siles by another £95,184. This year we also received
donation from Molo of £50.000 towards the benevol&nl fund for colleagues in need ol relief.
We can report that the 2023 year end we have raised £1,091,072. The Trustees and l are very proud and grateful lo
everyone involved in helping us lo achieve this, which in turn makes il possible for us lo pledge some support lo our
National Charity Partners, Mind and SAMH. We donated £400,000 to Mind and £25,000 to SAMH from 2023 funds.
In 2023 Moto Hospitality donated their carrier bag income of £238,244 to Moto Foundation. This income has
enabled Ihe foundalion to donate £100,000 to The Woodland Trust and £50,000 to the Wetland and Wildfowl Trust
IWWTI to cary out environmental projects in 2024.

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MOTO FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Our ¢haril8bl& giving through fin8n¢i81 grants has been made up of the Molo found8tion Community Grant Scheme
and our don81ion lo our national charity of Ihts year. The aim of our grant schtsme Is lo help our local ¢ommunily
partners with monetary grants lo support specffjic projècts. Molo has siles across the UK from Kinross in S¢olland lo
Exeter in the south ol England. There arts over S,000 people who work al Molo siles and Ihts Community Grant
s¢hem8 was trslablished in order lo givtr something b8¢k lo these communities, of which Molo is such 8 big part. In
2023 we were able to award 62 grants donating a lolal of £63.326.
Molo Foundation continues to invest in the network of adopted schools around the UK. Our adopted school network
forms a core part of our community activity and now supports 57 schools and the many challenges of running a
school. Included in our network of schools are a small number of special need5 schools. Our annual book
programme has been running since 2006 and has now donated over 230,000 book5 into our schools. literacy
resourc8s. In addition our schools were able to acc8ss our grant scheme. We actively run competitions engaging
our children in writing stories and using their creats've skills lo win much needed resources for their schools Sn 2023
we received over 300 entries lo our competition.
Flnanclal r•vl•w
ReseNes policy
The 8ccumulaled funds al 31 D8c&mber 2023 wer8 £448,852 of which £433,978 related lo unre8lricted funds.
C88h reserves 8re lo fund future contributions lo support trust objectives.
One year's runnlng costs are kept In reserve.
Structur•, gov•mance and manag•m•nt
Molo Foundation is a company limited by guarantee and a registered eharily governed by ils memorandum 8nd
articles of assoclalion. Charity number,. 1111147. Company number.. OS510132. Scottish charity number..
SC041488.
Th8 trustees, who ar8 also the directors for th8 purpos8 of company law, and who served during the year and up lo
the date ol signature ol the financial statements were..
L Hughe$
G M Lalchem
S Peacock (Trustee and Secreiaryl
SRac
R O'connell (Appointed 1 January 20231
A Procter IAppoinled 1 January 20231
J Donovan IAppoinled 20 April 20231
M Haywood (Appointed 18 October 20231
M Gorvin IAppoinled 18 October 20231
E James (Appointed 18 October 20231
H Meakes (Appointed 19 March 20241
J Vance (Resigned 18 April 20231
C D Brodie IResigned 1 July 20231
K Clarke (Resigned 6 July 20231
Recruitment 8nd appointment of tru$lees
The Trustees are appointgd annually at the Annual Ggneral Meeting of thg wmpany by ele¢tion. New Trustees are
recommended by existing Trustees. Induction training is provided for all new Trustees, wher& appropriate, and all
Trustees are en¢ouraged to attend courses and wnferences that would benefit them as Trustees.

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MOTO FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Several of the Trvslees 8re directors of Molo. Cert8in colleagues from Molo have re¢eivod payments in the year
from the Molo Foundation Benevolent Fund. as described below and In note 16.
The administrators of the charity are paid through a secondment arrangement with Moto. The Charity reimburses
Molo for $818ry, national insurance and pension bul not for accommodation, mobile phones, lap lops and other
asso¢ialed costs.
The Trustees have taken steps lo Idenllfy the malor rfsks lo whlch the chadty Is exposed and systems have been
established lo miligale those risks.
Carollne Campbell adminlsters the Charlty on a day lo day basls.
Audltor
In accordance wlth the company's artlcles. 8 resolullon proposlng that Mercer & Hole LLP be reappolnled as audllor
of the company wlll be pul al a General M881ing.
Relatod partl•s
Molo Hospitality Limlled 18 a connected company.
The 1rusle88' report W8s approved by th8 Board of Trustees.
by..
DKuS￿￿•d by.
SL &lvWs
S Pe8cock
Tru$leg
L Hughes
Tru8tga
161912024
D81e'.

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MOTO FOUNDATION
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees Iwho are 81s0 directory of the FounL481ion for the purposes of comp8ny 18wl are responsible for
preparing the Trusle&s' Annu81 Report and th& financial slalements in accordance with 8pplicable law and United
Kingdom Accounting Standards (United Klngdom Generally Accepted Accounting Praclicel.
Company law requirtrs the Trustees to prep8rtr fin8n¢i81 slaltsmenls th81 give a true and fair view ol the slate of
affairs on the ¢harily al the end of the financial year and of ils surplus or deficit for th& financial year. In doing so the
Trusl8es are required lo..
select suitable accounllng policSes and then apply them conslslenlly.,
Observe the methods and principals in the Charities SORP 2019 IFRS1021',
make judggments and 8slimates that are reasonable and prud8nl',
slate whether the policies adopted are in a￿ordance with The Charllies (Accounts and Reports) Regulation
2015, the slalemenl of Recommended Practice "Accounting and Reporting by Chari118s" and with
applicable accounting slan¢Jards, subj8cI to any malerial departures ¢Jisclosed and explained in the
financial slalemenls.
prepare the financial slalemgnls on the 90ing concem basis unless it is in8ppropriale to prestJm8 that the
charity will continue in business.
The Truslees are responsible for main¢ainlng proper accounting records whSch dlsclose with reasonable accuracy at
8ny lime the financial position ol Ihe ¢harity and enables them lo ensurg Ihal Ihg financial slatemenls comply with
the Companies Acl 2006 and Charities Acl 2011. The Truslees are also responsible lor safeguarding the assgls of
tho charity and hence lor taking reasonable steps for the prevgnlion and detection of fraud and other irregularities.
By order of the Truslegs,.
Louise Hughes
Chair of Trustees
Samanlha Peacock
Company Sgcrglary

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MOTO FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF MOTO FOUNDATION
Oplnlon
Wè havg audited thg financial slalemenls of Moto Foundation Ilhe 'Molo Foundalion'l for Ihg ygar ended 31
December 2023 which comprise the siatement of financial activities, the balance sheet. the statement of cash flows
and notes to the financial statements. including significant accoLJnting policies. The financial reporting framework
that has been applied in Iheir preparation is applicable law and United Kin9dom Accounling Standards, including
Financial Reporting Standard 102 Thg Financial Reporting Slandard applicable in the UK and R&public of Ireland
(United Kingdom Genarally Acc8ptèd Accounting Practice).
In our opinion, the financlal slalemenls..
givg a trug and fair view of the slate of the charitsble company's affairs as al 31 December 2023 and of ils
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 Companies Act 2006. the Charities and
Trustee Investment (Scollandl Act 2005 and regulation 8 of the Charities Accounts (Scollandl Regulations
2006 las amended).
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of
the linancial s181&menls section of our report. We are indep8ndenl of the Molo Foundation in accordance with the
ethical requirements that are relevant lo our audit of the financial slalemenls in the UK, including the FRC'S Ethical
Standard, and we have luifilled our other ethical re5pon5ibili118s in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Con¢lu$lon$ relallng to golng ¢on¢ern
In auditing the financial slatemenls, we have concluded that the Iruslee5' use of the going concern basi5 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 lo events or
conditions Ihal, individually or collectively, may cast significant doubl on the Molo Foundation's ability lo continue as
a going concern for a period of al least twelve months from when the financial statements are aulhorised for issue.
Our responsibilities ènd the responsibilities of the Iruslees with respect lo going concern are described in the
relevant sections of this report.
Oth•r Informatlon
The other information comprises the infomialion included in the annual report other than the financial slalemenls
and our audilorfs report Ihereon. The Iruslees are responsible for the other information contained within the annual
report. Our opinion on the financial slalements does not cover the other information and we do not express any form
of assurance conclusion Ihereon. Our responsibility is to read the other inforrnalion and, in doing so, consider
whether the other information is rnalerially inconsistent with the financial slaternenls or our knowledge obtained in
the course of the audit, or otherwise appears to be materially misslaled. If we identify such material inconsistencies
or apparent material misslalemenls, we are required lo determine whether this gives rise to a material misslalement
in the financial slalements themselves. If, based on the work we have performed, we conclude that there is
material misstatement of this other information, we are required lo report that fact.
We have nothing to report in thi5 regard.

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MOTO FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MOTO FOUNDATION
Matters on whl¢h we are requlrèd to report by ex¢eptlon
Wè havè nothing to report in respecl of thè following matters in relalion lo which Ihe Chariligs (Accounts and
Reports) Regulations 2008 and the Charities Accounts Iscotlandl Re9ulations 2006 las amended) require us lo
report to you if, in our opinion..
the information given in the financial sialements is inconsistent in any material respect with the trustees.
report.. or
sufficient and proper accounting records have not been kept.. or
the financial slalemgnls are not in agrgemenl with the accounting records,, or
wg have not received all the infomiation and explanations we require for our audit.
Responslbllltles of trustees
As explained more lully in the statement of Irustees, responsibilities. the trustees, who are also Ihe directors of the
Molo Foundalion lor Ihe purpose of ¢ornpany law, are responsible for the preparation ol the financial s¢alemenls
and lor being satisfied that they give a true and fair view, and for such internal control as the truslges delerrnine is
necgssary lo enable thg preparation of financial stalements that are free from material missiatement, whglhor dug
to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Molo
Foundation's ability to ¢ontinue as a going concern, disclosing. as applicable, matters related to going Concem and
using the going ¢onc9m basis of accounting unless the trustees glther intend to liquidate the charitab19 company or
lo coase operallons, or have no reolisllc altemative but lo do so.
Audltorf• r•iponslbllltlès for the audlt ol th• flnan¢lal 8tat•m•nts
We have been appointed as audilor undgr section 144 01 Ihe Chari119s Act 2011 and section 4411 Ilcl of Ihe Charilles
8nd Truslge Invgsimenl (Scollandl Act 2005 and report in accordance with the Acts and relevanl rggulab'ons made
or having effgct Ihergunder.
Our obl8ctlv8s are lo oblaln reasonable assur8nc8 about whethèr the financlal slalemenls as a whole are freo from
malarial misslalemtsnl, whether due lo fraud or error. and lo issu8 an audilorfs report that includes our opinion.
Reasonable assuran¢& is a high level of assurance bul is not a guarantee that an audit conducltsd in accordance
with ISAS IUKI will always delecl a material misslalemenl when il exis15. Misslalemenls Can arise from fraud or
error and are considerèd material il. individually or in the aggregate, thèy could reasonably be expected lo Influence
the economic decisions of users taken on thè basis of these financial slalements.
Th8 exlenl lo which our procedures are capable ol detecting irregularities, including fraud, is detailed below.
A further dgs¢riplion of our rgsponsibililies is available on the Fin8nci81 Reporting Council's website at.. https'.11
w.Irc.org.ukJauditorsresponsibiliUes. This description fomis part of our audilorfs report.
Use of our rgport
This report is made solely lo the charity s Iruslees, as a body, in accordance with part 4 of the Charities IAccounts
and Reportsl Regulations 2008 and regulats'on 10 of the Charities Accounts Iscotlandl Regulations 20D6. Our audit
work has been undertaken so Ihal we might stale lo the charity's trustees those mallers we are required to slate lo
them in an auditor's report and for no other purpose. To the fullest extent permilled by law, we do not accept or
assume responsibility lo anyone other than the charity and the charity's Iruslees as a body, for our audit work, lor
this report, or for the opinions we have formed.

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MOTO FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MOTO FOUNDATION
iL
amas Wooldrldgo Mscl FCA (Sonlor Statutory Audltorl
for and on behalf of Mercer & Hole LLP
161912024
Chartorod A¢¢ountants
Statutory Audltor
The Pinnacle
170 Midsummer Boulevard
Millon Keynes
Buckinghamshire
MK9 1BP
Mgrcer & Hole LLP is eligible for appointment as auditor of Ihg Molo Foundation by virtue of ils eligibility for
appoinlmenl as auditor of a company under section 1212 01 Ihe Companies Acl 2006.

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MOTO FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Current flnan¢lal y•ar
Unrostrl¢t•d Unr•strl¢tod
funds
funds
general designated
2023
2023
Rostrf¢t¢d
funds
Total
Total
2023
2023
2022
Notes
Income from:
Donations 8nd18gacl8S
Inveslmonts
631,415
18,036
230,717
210,904
1,073,036
18.036
1,011,370
Total In¢om8
649,451
230,717
210,904
1.091.072
1.011,454
Expendlture on..
Raising fund5
Ch8rltsbl& a¢llvllles
Olhgr material expenditure
196,135
287,244
90,526
196.135
713,991
90,526
243,169
814.991
76,906
230,717
196,030
Total expendllure
573,905
230,717
196,030
1,000.652
1,135,066
Net In¢om•llexpondlturo1
75,546
14,874
90.420
1123.6121
Not mov•m•nt In funds
75,546
14,874
90,420
1123.6121
Reconclllatlon of funds..
Fund balances a11 January 2023
358,432
358,432
482,044
Fund balanc88 at 31 Docomber
2023
433,978
14,874
448.852
358,432
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Prlor flnan¢lal yoar
Unr•strl¢tod Unrostrf¢t¢d
funds
funds
general
designated
2022
2022
Rè$trl¢ted
fvnd$
Total
2022
2022
Notes
Income from:
Donations 8nd18gacl8S
Inveslmonts
563,206
265,456
182,708
1,011,370
Total Incom
563,290
265,456
182.708
1.011,454
Expendlture on..
Raising fund5
Ch8rltsbl& a¢llvllles
Olhgr material expenditure
220,169
298,240
76,906
11,500
328,956
11.500
187,795
243,169
814.991
76,906
Total expendlturè
595,315
340,456
199.295
1,135,066
Net Income
132,0251
175,0001
116.5871
1123.6121
Tr8nsfers between funds
12,0621
2,062
Net movement In funds
134,087}
175,0001
114.5251
1123,6121
Reconclllatlon of funds..
Fund balances at 1 JanLJary 2022
392,519
75,000
14.525
482,044
Fund balanc•8 at 31 D•combor 2022
358,432
358,432

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MOTO FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Not•$
Current assets
Debtors
Cash at bank and in hand
10
45,159
416,893
55,928
311.504
462,052
367,432
Credltors.. amounts falllng due wlthln
on& year
11
13,200
9.000
Nel current assets
448,852
358,432
The funds of the Moto FoundatSon
Reslricltsd income funds
Unrestricted funds
12
14
14.874
433,978
358.432
448,852
358,432
131912024
The financial slatem8nls were approved by the Iru81888 on
Oooutswnidty..
is
•C2Ace9P35924PI."
L Hughes
Trust•0
S Peacock
Trust••
Company registration number 05510132 (England and W81gsI
10

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MOTO FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Noto$
Cash flows from operatlng actlvltles
Cash generated fromllabsorbed by)
opgralions
17
87,353
1224,0231
Investlng actlvltlès
Investment income received
18,0
84
Net cash genorated from Inv•8tlng
actlvltles
18,036
Net cash usod In financlng a¢tlvltl•s
Ntt In¢r•a8è1{dè¢rèa8•1 In cash and Cash
equlvalents
105,389
1223,9391
Cash and Gash gquivalgnl$ al beginning of yoor
311,504
535,443
Cash and cash equlvalents at end ol year
416,893
311,504

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ountlng pollcles
Charlty 5nfomiatlon
Molo Foundation is a private company limited by guarantee incorporated in England and Wales. The
registered office is Molo Hospilalily Ltd Htsad Office, Toddinglon Service Are8, Junction 11112 M1 Motorway
T¢xldin9lon, 8edfordshire, LU5 6HR. In the evènl of the charity being wound up, the liability in respect ol the
guarantee5 is limited lo £1.
1.1 Accounting convention
The financial slalemenls have been prepared in accordance with the Molo Foundation'5 goveming document,
the Companie5 Act 2006, the Charities and Trustee Investment (Scollandl Act 2005, the Charities Accounts
Iseollandl Regulation5 2006 las amended), FRS 102 "The Financial Reporting Standard applicable in the UK
and Republic of Ireland. I'FRS 102,1 and the Charities SORP 'Accounling and Reporting by Charities-.
Slalemenl of Recommended Practice applicable lo charities preparing Ihelr accounts in accordanc8 with the
Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021" (effective 1 January
20191. The Molo Foundation is 8 Public Benèfit Entity as defined by FRS 102.
The financial statements are prepared in sterfing, which Is the functional currency of the Moto Foundation.
Monetary amounts In these flnancial stalemenis are rounded to the nearest £.
The financial slatgmgnls have been prepared under the hlslorical cosl convention, The principal accounts'ng
policies adopted are set out below,
1.2 Golng concern
Al the lime of approving the financial slalemenls, the Iruslees have a reasonable expeclalion that the Molo
Foundation has adequate resources lo continue in operational existence for the foreseeable lulure. Thus the
Irusle8s continue lo adopt the going concern basls of accounting In preparlng the financlal stalemenls.
1.3 Charltabl• funds
Unrestricted funds arg avallablg for use ol the disGrgllon of the tru$lg9s in furthgran¢g of Ihgir ¢harilablg
objectivgs.
Oesignaled funds comprise funds which have been sel aside al the discretion of the trustees for specific
purposes. The purposes and uses of the designated funds are sel out in the notes lo the financial statements.
Restricted funds are subject lo specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of the reslricled funds are sel out in the notes lo the financial statements.
1.4 Income
Income Is recognlsed when the Molo Foundallon Is legally enlllled lo11 after any performance condltlons have
been m81, the amounts can be measured reliably, and il is probable that income will be received.
Income from site ¢011g¢tions are rgcognised on re¢eipl.
Gross interest receivable is included when receivable by the entity.
1.5 Exp8ndltur8
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit lo
third party, il is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
12

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng poll¢les
Icontlnuedl
1.6 Tanglble flxed ass•t$
Tangible fixed assets are inilially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Oepfeciation is recognised so as to writo off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
3 years slraighl.line
The gain or Ioss arising on the disposal of an asset Is determined as the difference between the Sale proceeds
and the carrying value of the ass8t. and is r8cognised in th8 slalernenl of financial aclivilies.
1.7 Cash and cash equlvalents
Cash and cash equivalents include cash in hand. deposits held 81 call with banks and other short-lerm liquid
investments with original malurilies of three months or less.
1.8 Flnanclal Instruments
The Molo Foundation has elected lo apply the provlslons of Secllon 11 'Ba8ic Flnancial In8lrumenl8' and
Sectlon 12 '01her Flnancial Instruments Issues, ol FRS 102 10 all of ils flnancial inslrum8nl8.
Financial instruments are recognised in the Molo Foundation's balance sheet when the Molo Foundallon
becomes party lo the contractual provisions of th8 instrument.
Flnancial assets and liabilill8s are offset, with the nel amounts presented in the flnancial slalemenls, when
ther8 is a legally enforceable right lo sel off the recognised amounts and there is an intention lo settle on a net
basis or lo realisg the ass81 and settle the liability simultaneously.
Baslc flnanclal assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured 81
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement conslilules a financing transaction. where the Iransaclion 18
measured al the present value of the future receipts discounted al 8 market rale of interest. Financlal assets
Classifitsd as receivablts within one year arts not arnortised.
Baslc flnanclal Ilabllltles
8asic financial liabilitie5, including creditors and bank loans are initially recognised 8t transaction prlce unless
the arrangement conslilules a fin8n¢ing Iransaclion, where the debt inslnjmenl is mtsasured 81 the present
value of the future payments discounted al a market rate of interest. Financial li8bilili8s dassified as payable
wlthin one year are not amortised.
Debt instnjmtrnts are subsèquently carried at amortised cost, using the effective interest rale method.
Trade creditors are obllgalions lo pay for goods or services that have been acqulred in the ordinary course of
operations from suppliers. Amounts payable are Classified as current liabilities if payment is due within one
ye8r or less. If not, they a￿ presented as non-¢urrenl liabilities. Trade creditors are re¢ognised initially at
transaction price and subsequently measured at amortised Cost using the effective interest method.
Derecognltlon of flnanGlal Ilabllltles
Fin8n¢i81 liabilities are derecognised when the Molo Foundation's contractu81 obligations expire or are
dlscharged or canc8118d.
13-

DoGusvJn Envelopg ID". 63D21D17.B93C447E.B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
In¢ome from d¢natlon$ and lega¢les
Unrestricted Unrestricted Restricted
fvnds
fvnds
funds
general d•slgnated
2023
2023
Total Unrestricted Unrestricted Restricted
fvnds
fvnds
fvnds
neral d•slgnatsd
2022
2022
Total
2023
2023
2022
2022
Donations and gifts
631.415
230,717
210,904 1.073.036
563,206
265,456
182,708
1.011,370
Donations and gifts
Sile collections
HO Events
Too Good to Go
Carrier bag income
Other income
246,597
197.210
95.184
88,244
3,601
80,717
160.612
50,292
487.926
247,502
95,184
238.244
3,601
209,015
199,632
91,828
61,548
1,183
115,456
118,064
64,644
442,535
264,276
91,828
211,548
1,183
150.000
150,000
630.836
230.717
210,904 1.072.457
563,206
265,456
182,708
1.011,370
14-

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
In¢ome from Investments
Unrestrlcted Unrestrlcted
fund5
funds
2023
2022
Interest received
18,036
15-

DoGusvJn Envelopg ID". 63D21D17.B93C447E.B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Expendlture on ralslng fund$
Unrestricted Unrestricted Restricted
fvnds
funds
funds
general deslgnat8<1
2023
2023
Total Unrestricted Unrestricted Restricted
fvnds
fvnds
fvnds
general d•slgnat8d
2022
2022
Total
2023
2023
2022
2022
Fundralslng and publlclty
Costs of projects and campaigns
196,135
1￿.135
220,169
11,500
11,500
243,169
16-

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Exptrndlturo on ¢harltable a¢tlvltle$
Charltable
grants
2023
Charltable
grants
2022
Dlrgct costs
Woodland Trust
Wil¢Jfowl Trust
Help for Heroes
Mind and SAMH
Benevolent grants
Community grants
Emergencyl Independent grants
100,000
50,000
150,000
75.000
203,631
220,000
36,587
86.490
43,283
425,000
35,418
63,326
40,247
713,991
814,991
Analysls by fund
Unreslricled funds - general
Unrestricted funds - designated
Reslricled funds
287,244
230,717
196,030
298,240
328.956
187.795
713,991
814,991
Other materlal expendlture
Gongral
2023
Restrlclgd
2023
Total
2023
Totsl
2022
Support cost$
General overheads
Govemance costs- Audit
Govemance co818- Accounts
77,326
12,600
600
77.326
12.600
600
66,961
9,345
600
90,526
90,526
76,906
Trusto•3
None of the trustees lor any persons connected wllh them) recelved any remunerallon or benefits from the
Molo Foundation during the year. Expenditure of £nil12022', £nlll was relmbursed lo trustees during the year.
Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
17

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Tanglble fixed *$$ets
Flxturos and
fflt¢lng4
Cost
Al 1 January 2023
58,498
Al 31 December 2023
58,498
0opr•clatlon and Impalmient
At 1 January 2023
58,498
Al 31 December 2023
58,498
Carrylng amount
Al 31 Decemb8r 2023
Al 31 Dgcember 2022
10 Dobtors
2023
2022
Amounts falllng duè wlthln ontr yèar:
Other dgbtors
45.159
55,928
11 Crodllors: •mount¥ falllng duo wlthln ono yoar
2023
2022
Accruals
13,200
9.000
18-

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
12 Restrlcted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject lo specific conditions by donors as lo how they may be used.
At 1 January
2023
Ineomlng
r•$our¢es
R•soureè$
expendgd
Tran$f•rs
At31
D•c•mb•r
2023
210,904
1196,0301
14,874
Provlous yoar..
At 1 January
2022
Incomlng
r¢$our¢•s
Rosourco1
•xp•ndod
Transfers
At31
Dec•m￿r
2022
14,525
182,708
1199,2951
2.062
Reslricled funds carried forward relate lo benevolent grants.
13 Unrostrlcted funds - doslgnated
These arè unrestricted funds which are material to the Molo Found81ion's aclivilies.
At 1 January
2023
Incomlng
rosourco¥
Rosources
8xpend8d
At31
D•CoM￿r
2023
230,717
1230.7171
Prevlous yoar..
At 1 January
2022
Incomlng
rg$our¢g$
Re$our¢e$
oxp•ndgd
At31
Dg¢•mbor
2022
75,000
265,456
1340,4561
19-

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
14 Unrestrlcted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject lo specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been sel aside out of unreslricled funds by the Iruslees for specific purposes.
At 1 January
2023
In¢omlng Ro$our¢o8
resources
expondgd
Transl•rs
At31
De¢&mber
2023
General funds
358,432
649,451
1573,9051
433.978
ProvSous year..
At 1 January
2022
Incomlng
ro8our¢e$
Ro$ourco3
•xp•nd¢d
Transfern
At31
D¢¢•mb•r
2022
General funds
392,519
563,290
1595,3151
12.0621
358,432
15 Analy818 ol n•t a88Ot8 ￿tWO•n lunds
Unrestdcted
funds
2023
R•strlctod
fund8
2023
Total
2023
Fund b4lancè¥ at 31 D袕mb•r 2023 ar• r•prestnted by:
Current assets
Currenl liabili11gS
447,178
113,2001
14,874
462,052
113,2001
433,978
14,874
448,852
Unre$trl¢tsd
funds
2022
R•$trl¢ted
funds
2022
Totsl
2022
Fund balances at 31 Decgmbgr 2022 arg rgpresenlgd by:
Current asselsllliabilitiesl
Current liabilities
367,432
19,0001
367,432
19,0001
358,432
358,432
20-

Docu5vJn Envelope ID.. 63D21D17-B93C447E-B941-6AOAOF03E2B6
MOTO FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
16 Rolated party tran$actSon$
During the year £35,41812022'. £36,587) was paid to Molo Hospitality staff, under establishment of the Molo
In Community Benevolent Fund. Several of the Trustees are directors of Moto, howev8r none of them benefit
from the Benevolent Fund.
During the year, the charity paid Molo Hospitality £67,084 12022.. £60,701) for administrator services. Molo
Hospitality overcharged for adminislralor services during the year, resulting in an amount of £44,580 due lo
Molo Foundation al year end12022.. £55,928). As al year end £nil12022.. £nill was owed lo Molo Hospitality.
17 Cash gonerated from operation•
2023
2022
Surpluslldeficill for the year
90.420
1123,6121
Adjuslmenls for.,
Inveslrnenl income recognised in slalement of financial activities
118.0361
1841
Movements in working capital..
Decrease in debtors
Increaselldecreasel in creditors
10.769
4.200
41,543
1141,8701
Cash g•n•rat•d fr¢mllab$orb•d byl oyr•llons
87,353
1224,0231
21