2021-11-30-accounts - Moondance Foundation

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		Page
Trustees' report		1-5
Statement oftrustees'	responsibilities
Independent auditor's	report	7-10
Statement offinancial	activities
Balance sheet		12
Statement ofcash flows		13
Notes to the financial	statements	14-27

Company	number		7442773
Charity number			1139224
Trustees	and Directors		Diane Briere de I'Isle-Engelhardt
			Henry Engelhardt
			Louisa Scadden
			Damien Engelhardt
			Adrian Engelhardt
			Shanna Briers de I'Isle Engelhardt
			Tara Briers de I'Isle Engelhardt
Key management		personnel	Rebecca Watkins - Foundation		Director
Auditor			Azets Audit Services
			Ty Deiw
			Lime Tree Court
			Cardiff Gate	Business Park
			Cardiff
			CF23 8AB
Registered	Office		C/0 Azets
			Ty Derw
			Lime Tree Court
			Cardiff Gate	Business Park
			Cardiff
			CF23 8AB
Bankers			Lloyds Bank
			4th Floor
			10Canons Way
			Harbourside
			Bristol
			BS15FL
Solicitors			Withers LLP
			16Old Bailey
			London
			EC4M 7EG
Investment	Providem		Julius Baer
			1 St Martin's	Le Grand
			London
			EC144AS

				Unrestricted	Unrestricted
				funds	funds
				2021	2020
			Notes	f	6
~nc m~fgLi
Donations and Investnnents	legacies		3 4	47,700,000 29,629,124	27,090,000 16,421,845
Total income				77,329,124	43,511,845
gxXen if~n:
Charitable activities			5	18,189,161	15,901,352
Net gains/(losses) on investments			9	8,555,000	80,816,181
Net incoming	resources			67,694,963	108,426,674
Other recognised gains and losses
Other gains or	losses		10	(339,014)	(104,337)
Net movement	in funds			67,355,949	108,322,337
Fund balances	at 1 December 2020			418,035,415	309,713,078
Fund balances	at 30November	2021		485,391,364 418,035,415

				2021		2020
			Notes	K	8
Cash flows from operating	activities
Cash generated from operations			17	29,778,946		11,109,428
Investing activities
Purchase of investments Proceeds on disposal of investments				(47,700,000)	(27,090,000) 15,209,251
Investment income received				29,629,124	16,421,845
Net cash (used in)/generated		from
investing activities				(18,070,876)		4,541,096
Net cash used in financing	activities
Net increase in cash and cash		equivalents		11,708,070		15,650,524
Cash and cash equivalents	at beginning		ofyear	77,648,557		61,998,033
Cash and cash equivalents	at	end of	year	89,356,627		77,648,557
Relating to:
Cash at bank and in hand Short term deposits included	in current			8,954,601		3,753,979
asset investments				80,402,026		73,894,578

		2021	2020
		6
Staffcosts		59,819	54,433
Other costs		8,489	5,734
Governance costs - audit fees		3,919	3,900
		72,227	64,067
Donations	(note 7)	18,116,934	15,837,285
		18,189,161	15,901,352

Donations
		2021	2020
		8	6
Children &Young People
Action for Children Bamardo's		50,000 210,000	171,407 237,800
Children ofthe Mekong Duke of Edinburgh Award Scheme Eagle House Youth Development Home-Start Cymru for Families	CIC	29,995 59,000 274,781	30,000 30,000 11,970
Hybu Limited Mary's Meals		750,000	30,000 750,000
Milford Youth Matters NSPCC Plan International UK		25,000 500,000 626,440	5,100 517,000 626,440
Pontypridd YMCA		150,000
Save the Children Senghenydd Youth Drop in Centre		291,883 36,000	357,940
Starlight Children's Foundation Street Child The Aloud Charity Unicef		40,000 35,000	25,000 50,000 35,000 272,580
Valleys Kids Vibe Youth		137,000 50,000	30,000
Wrexham Youth & Play Partnership YMCA Barry Youth Shedz Limited		19,776 6,390 28,000	21,571 20,145
		3,319,265	3,221,953
Education
College Bound (A Million Stars) Early Years Wales Eden Education Centre Hilltop Schools Inc INSEAD Mudiad Meithrin Cyf North Wales Science (Xplore) Prisoners' Education Trust RESOLVEit CIO Stay at School University of Michigan UWC Atlantic College		37,261 111,668 115,303 151,500 82,758 229,000	41,580 30,000 21,730 441,990 118,098 50,000 20,276 69,260 87,000 75,000 93,359 272,210
		727,490	1,320,503

Donations
				(Continued)
			2021	2020
			E	8
Enivornment
Anglesey SeaZoo & Marine Resource Centre BBCStudios			1,000,713	50,000
Earth Restoration Alliance dba Global Choices
($200,000)			149,197
Giraffe Conservation Foundation	($100,000)		73,443
Global Feedback Ltd Greenpeace Grow Cardiff Manor Wildlife Park Mount Elgon Foundation National Zoological Society ofWales Oceana Inc Surfers Against Sewage The Orchard Project The Wildlife Trust ofSouth and West Wales The Wye & Usk Foundation Wales Ape and Monkey Sanctuary Ltd WWF- UK			150,000 29,873 50,000 50,000 250,000 30,000 88,456 50,000 127,400	50,273 150,000 18,576 50,000 25,800 50,000 250,000 30,000 83,145 35,000 35,000 50,000 90,000
			2,049,082	967,794
Health
Alzheimer's Society AP Cymru - The Autism Charity			59,000 41,452
ASD Rainbows Aspire Auditory Verbal UK Beat (Eating Disorders Association) Breast Cancer Now Brecon and District Mind			31,081 34,905 40,000	30,712 32,381 112,116 40,378
British Heart Foundation Centre ofSign-Sight-Sound Cerebral Palsy Cymru City Hospice			113,000 29,727 72,151	100,000 73,875
CLIO Sargent Conwy Mind			42,987	53,527
Dementia UK Elton John Aid Foundation (EJAF) Hospice ofthe Valleys			25,000 50,000 28,040	50,000
Focusing Philanthropy Inc (Edna Aden Hospital
Foundation, Maya Health Alliance	&	The END Fund)		233,191
Inspiring Hope (Inspire Merthyr) Llanelli Mind Macmillan Cancer Support Maggie's			25,000 110,000 57,000	31,000 20,000 100,000

Donations
				(Continued)
			2021	2020
			6	6
Marie Curie Mental Health Football in Wales Mind Mind Monmouthshire Mind Neath Port Talbot Moondance Cancer Initiative Multiple Sclerosis Society Multiple Sclerosis Trust			14,130 25,000 33,815 746,000 53,000	50,449 28,000 109,540 20,000 25,028 120,000 21,116
Nightingale House Hospice North Wales Recovery Communities PreventEd (formally NCADA) Ray of Light W'ales Cancer Support			28,749 21,840 37,277 35,626	4,900 3,326 41,580
Recovery Cymru Community Rowan Tree Cancer Centre Royal Osteoporosis Society St David's Hospice StKentigem Hospice			23,892 50,000 25,000 39,078 100,000	30,000
Steps2Recovery Teenage Cancer Trust Tenovus Cancer Care The Autism Directory The END Fund ($1,000,000) The Hydration Foundation Touch Trust Ty Hafan Ty Hapus CIO Velindre University NHS Trust Welsh Centre forAction on Dependency	and Addiction	Limited	40,000 46,500 105,000 24,000 730,066 24,616 41,000 100,000	40,000 45,554 11,150 25,000 8,950 30,000 170,000 549,950 35,250
			3,103,932	2,246,973
Other Causes in Wales
2 Wish Upon a Star Aber Food Surplus			36,400	58,400
Aberconwy Domestic Abuse Service Aberystwyth University - Dewis Choice			105,000	37,839
Accessibility Powys ACE - Action in Caerau and Ely Action for Elders Trust Afan Community Fitness Suite Age Cymru Gwynedd &Mon Age Cymru Powys Age Cymru West Glamorgan Arts &Business Cymru Atal YFro			24,460 20,000 50,000 33,920 31,064 50,000 38,338	22,658 12,000 20,478 30,000 110,000 39,476

Donations					(Continued)
				2021	2020
				f	6
AVOW (Association ofVoluntary Organisations		in
Wrexham) Benefice ofUpper Islwyn				34,261	39,430
Boomerang Cardiff Bridge The Gap for SAME Community (Daughters			ofthe	233,000	34,276
King)				28,742
Bridgend Carers Centre Caerau Development Trust Calan Domestic Violence Services Cambrian Village Trust Ltd				29,000 30,620 44,636 46,600	12,000 21,481
Can Cook Canolfan Gymunedol Ystradowen Community		Centre		167,000	30,000
CGYCC				22,072
Canolfan Pentre CIO Cardiff Women's Aid Care & Repair North East Wales Central Beacons Mountain Rescue Team Chapter Cardiff Ltd CitizensAdvice Caerphilly Blaenau Gwent				38,680 43,154 30,000 26,359	46,608 45,568 22,865 22,410 120,977
Citizens Advice Cardiff and Vale Clore Social Leadership Club 707 Cruse Bereavement Care				62,367 30,000 61,686	29,015
Cymunedau'n Ymlaen Mon Communities Forward Cyngor ar Bopeth Cylch Conwy District Citizens Advice					59,750
Bureau				22,970
Cyngor ar Bopeth Powys Citizens Advice				28,375
Dal Dy Dir				22,210
Dogs Trust Domestic Abuse Safety Unit North Wales	(DASU)			47,023 49,890	49,890
Duffryn Community Links Enfys Foundation Follow Your Dreams Food Redistribution Wales Ltd T/A FareShare Cymru FoodShare North Wales CIC Friends of Pedal Power Project Ltd Galerii Caernarfon Cyf Gathering Place Gisda Glenwood Church Goldies Cymru Gwasanaeth Cynnal Gofalwyr/ Carers Outreach Service Hafan Cymru Hafren Theatre (part ofthe NPTC Group ofColleges)				28,000 25,000 7,275 123,000 34,000 25,000 20,000 50,000 75,900 43,382 1,000 35,000	46,000 10,000 21,798 31,340 25,000 21,600 100,000 88,500 25,000 54,000
Hay Castle Trust				150,000
Hope Ministries Cwmbran				25,000
Horn Development Association CIC				28,000
Huggard				126,401	80,000

Donations
					(Continued)
				2021	2020
					6
KIM Inspire				23,000
Live Music Now Wales				21,320	10,000
Llamau Make-A-Wish Foundation				75,659	35,000 25,000
Menter Cwm Gwendraeth Elli					20,000
Montgomeryshire Family Crisis Centre				37,889	3,000
Monumental Welsh Women					25,000
Music in Hospitals &Care				58,751	18,404
Nantymoel Amateur Boxing Club				30,000
National Literacy Trust Neath Port Talbot Carers Service Neuadd Goffa Penmachno (Penmachno		Village		24,970	9,968 24,870
Institute)				25,000
New Pathways NoFit State Circus				82,411 60,000	80,000
Oasis Cardiff Parish of Porthkerry, Rhoose & Penmark				33,750 30,000	27,300
Parish ofStThomas and Kilvey PAVO (Powys Association ofVoluntary	Organisations)			30,802 47,013	8,000
People and Work Unit				28,500
Perthyn Phoenix Domestic Abuse Services				42,277	27,000 16,284
Poppy Factory RBL				43,738
Port Talbot and Afan Women's Aid (Thrive PRIME Cymru		Women' sAid)		26,381 50,000	23,000
PTAWA Enterprise Ltd (Thrive Group Wales) Purple Shoots Race Council Cymru RASASC, North Wales RBLI RCS (Rhyl City Strategy)				22,440 250,000 30,000 71,336	12,000 250,000 32,730 30,000 33,000
Rectorial Benefice ofUpper Islwyn Re-engage Relate				52,818	33,261 25,300
Resolven Building Blocks Safer Merthyr Tydfil Safer Wales Social Firms Wales				25,353 27,725 125,000 30,000	27,570 18,781 151,716
South Riverside Community Development		Centre		30,000	39,000
Span Arts Spectacle Theatre Ltd				24,500 28,543	5,000
Sported Foundation St David's Diocesan Council for Social Responsibility:				40,000
Plant Dewi StGiles Trust StJohn Ambulance Cymru				37,032 25,686 42,308	20,000 6,160
Stephens and George Centenary Charitable Swansea Music Art Digital			Trust	35,000 25,000	10,000 7,500

Donations
					(Continued)
				2021	2020
				6
Swansea Women's Aid				58,243
The Armed Forces Bikers Veterans	Charity			30,000
The Bedwas, Machen, Michaelston-y-Fedw			& Rudry
Parish Trust					24,000
The Big issue The Biscuit Fund				194,350 45,000	125,000 40,000
The Bridge Mentoffing Plus Scheme The British Red Cross The Coalfields Regeneration Trust The Community Cafe (affiliated to Father's The Fern Partnership			place )	38,396 10,000 23,980	15,120 50,000 150,000 8,000 27,351
The Hwb Torfaen The Old Mill Foundation The Poppy Factory The Queens Hall Narberth				25,200 15,000 33,072	19,281 24,000 43,000
The Rhondda Calendar Society The Springboard Charity &Springboard The Starfish Alliance The Wallich Theatre Development Trust - THEATRE		UK ARTISTS		22,500 150,000	236,000 30,322 28,000 150,000
FUND				68,000
Threshold DAS					20,753
toogoodtowaste					25,000
Tros Gynnal Plant					25,000
Tumble Family Centre				23,352
Twynyrodyn Community Hub				54,050	39,840
Urdd Gobaith Cymru				24,000
Vision of Hope				27,000
Voluntary Arts Wales				27,166
Wales Millennium Centre Welsh Dance Theatre Trust				50,000	50,000
T/A Rubicon Dance				24,300
Welsh Housing Aid (t/a Shelter Cymru)				49,924
Welsh Refugee Council Welsh Women's Aid Women's Aid RCT				25,000	13,306 54,855 25,000
Y Dref Werdd					26,544
YHA (England and Wales)				48,558
Ystradowen Community Centre CGYCC					22,502
				5,046,078	3,696,077

Donations		(Continued)
	2021	2020
	6
Other
Acumen Fund, Inc California Coalition of Rural Housing Goodheart Animal Sanctuary INSP Foundation The Freedom Fund US Less than 620,000each	110,197 50,000 1,000,000 2,710,891	821,963 123,967 33,150 50,000 3,354,906
	3,871,088	4,383,986
Total	18,116,934	15,837,285

Number ofemployees The average monthly number ofemployees during	the year was:
	2021	2020
	Number	Number
Employment costs	2021	2020
	6	6
Wages and salaries Social security costs Other pension costs	52,260 2,059 5,500	48,121 2,512 3,800
	59,819	54,433

Unrestricted	Unrestricted
funds	funds
2021	2020
8,555,000	80,816,181

Unrestricted	Unrestricted
funds	funds
2021	2020
8
339,014	104,337

	Listed	Cash in	Total
	investments	portfolio
Cost or valuation	6
At 1 December 2020 Additions Valuation changes Dealing account	339,983,000 47,700,000 8,555,000	14,875,825 - (10,738,055)	354,858,825 47,700,000 8,555,000 (10,738,055)
At 30 November 2021	396,238,000	4,137,770	400,375,770
Carrying amount
At 30November 2021	396,238,000	4,137,770	400,375,770
At 30 November 2020	339,983,000	14,875,825	354,858,825

Financial instruments					2021	2020
Carrying amount offinancial assets					6	6
Instruments measured	at fair value through		profit	or loss	472,502,256	339,983,000
Debtors
Amounts falling due	within	one year:			2021 6	2020 6
Other debtors					216,250	458,250
Contained in other debtors 6192,750).		above are amounts		due within	more than one year totalling 887,750 (2020:
Current asset investments
					2021	2020
					6
Listed investments					76,264,256	59,018,753

2021	2020
6	f
419,513	54,392

	generae rom operati	ons		2021	2020
				6
	Surplus for the year			67,694,963	108,426,674
	Adjustments for:
	Investment income recognised Foreign exchange ditferences Fair value gains and losses on	in statement investments	offinancial activities	(29,629,124) (339,014) (8,555,000)	(16,421,845) (104,337) (80,816,181)
	Movements in working capital:
	Decrease/(increase) in debtors Increase in creditors			242,000 365,121	(25,375) 50,492
	Cash generated from operations			29,778,946	11,109,428
18	Analysis ofchanges in net funds
	The charity had no debt during	the year.