2021-04-05-accounts - The Alexander Mosley Charitable Trust

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TRUSTEES			Max Rufus Mosley - died on the 24th May 2021	Max Rufus Mosley - died on the 24th May 2021	Max Rufus Mosley - died on the 24th May 2021
			Max Patrick Mosley
			Emma Maitland Mosley
			Horatio Edmund Mortimer
PRINCIPAL ADDRESS			10New Square
			Lincoln's inn
			London WC2A 3QG
CHARITY REGISTRATION		NO	1142898
INDEPENDENT	AUDITOR		Martin and Company	Audit	Limited
			25 St. Thomas Street
			Winchester
			Hampshire SO23 9HJ
BANKERS			C. Hoare 8 Co.
			37 Fleet Street
			London EC4P 4DQ
INVESTMENT	MANAGERS		Edmond de Rothschild	(Suisse) S.A.
			18rue de Hesse
			1204Geneve
			Switzerland
SOLICITORS AND ADMINISTRATORS			Payne Hicks Beach
			10New Square
			Lincoln's Inn
			London WC2A 3QG

	FOR THE YEAR.	FOR THE YEAR.	ENDED 5TH APRIL 2021
Total				Total
Unrestricted				Unrestricted
Fund				Fund
2020
E
	INCOME FROM:
7,619,973 361,085	Donations Investment income			6,671,834 182,303
1,534	Interest receivable
7,982,592	TOTAL INCOME			6,854,137
	EXPENDITURE ON
42,816	Raising Funds Investment management	costs		18,715
	Charitable activities
	Promoting and enhancing
14,409,110	charitable work			855,947
14,451,926				874,662
	NET INCOME BEFORE
(6,469,334)	INVESTMENT LOSSES			5,979,475
360,534 (1,730,787)	Investment gains/(losses): Realised Unrealised			577,584 2,015,848
(4,021) 18	Currency gains/(losses): Realised Unrealised			383 (950)
	NET (EXPENDITURE)/INCOME		AND
(7,843,590)	NET MOVEMENT IN FUNDS			8,572,340
	RECONCILIATION OF FUNDS
12,035,108	Total funds brought forward at 6th April 2020			4,191,518
	Total funds carried forward
4,191,518	at 5th April 2021			12,763,858

Prior Year						Total
Funds						Funds
2020					Notes	2021
E						F
	Cash flows from operating	activities:
(15,056,787)	Net cash used in operating activities					(2,052,007)
362,619 20,066,344 (6,659,426) (4,003)	Cash flows from investing activities: Dividends, interest and rents from Investments Proceeds from sale of investments Purchase of investments Net Currency losses					182,303 1,924,655 (30,000) (567)
13,765,534	Net cash provided by investing activities					2,076,391
(1,291,253)	Change in cash and cash reporting period	equivalents	in the			24,384
1,520,425	Cash and cash equivalents reporting period	at the beginning		of the		229, 172
229,172	Cash and cash equivalents reporting period	at the end	ofthe		10	253,556

	1	DONATIONS	DONATIONS
Total				Total
Unrestricted				Unrestricted
Fund				Fund
2020
F
7,619,973		Donations and grants Investments donated		6,671,834
	2	INVESTMENT INCOME
Total				Total
Unrestricted				Unrestricted
Fund				Fund
2020				2021
F				F
296,050		UK equity	and unit trusts	148,666
1,101 17,537 45,032		UK Bond Property Overseas	funds equities	6,840 26,797
1,365		Overseas	interest
361,085				182,303
Total				Total
Unrestricted				Unrestricted
Fund				Fund
2020				2021
F
1,534	3	INTEREST RECEIVABLE

Total				Total
Unrestricted				Unrestricted
Fund				Fund
2020
F
14,381,965 25,225 1,920	Grants payable to Grant administration Governance costs		institutions costs (Note 5)	831,000 23,027 1,920
14,409,110	2021 Total	Funds		855,947

		A reco these	nciliation accounts	of th is as	e grants payable and grant commit follows:	ments figures shown in
Total						Total
Unrestricted						Unrestricted
Fund						Fund
2020						2021
P						F
3,545,000		Grant	commitments		at 6th April 2020	2,945,000
14,381,965		Grants	agreed	during	the year	831,000
17,926,965 (14,981,965)		Grants Grants	payable paid during the year			3,776,000 . (2,006,000)
2,945,000		Grant	commitments		at 5th April 2021	1,770,000
	5	GOVERNANCE		COSTS
Total						Total
Unrestricted						Unrestricted
Fund						Fund
2020						2021 f
1,920		Statutory audit		fee		1,920

	INVESTMENTS	INVESTMENTS
Total					Total
Unrestricted					Unrestricted
Fund					Fund
2020f					2021f
	LISTED INVESTMENTS
	Movements	in listed investments		during the year were as follows:
14,062,680	Investments	at market	value	6th April 2020	6,905,482
7,619,973	Additions at market value			6,671,834
6,659,426	Purchases	at cost		30,000
					6,701,834
(19,705,810)	Disposals at 6th April 2020 market value				(1,347,071)
(1,730,787)	Net unrealised gains/(losses)				2,015,848
6,905,482	Market value	at 5th April	2021		14,276,093
8,461,776	Cost of listed	investments	5th April 2021		13,799,094


Total							Total
Unrestricted							Unrestricted
Fund							Fund
2020
g
206,565		C. Hoare	8 Co.				175,102
22,607		Edmond	De Rothschild				78,454
229,172							253,556
	11	CREDITORS: AMOUNTS			FALLING DLIE WITHIN ONE YEAR
Total							Total
Unrestricted							Unrestricted
Fund							Fund
2020							202i
F
1,704		Legal and professional		fee			1,037
310		Edmond	De Rothschild
1,920		Statutory	audit fee				1,920
		Donations
1,000,000		Independent Press Regulations				Trust	1,000,000
		Imperial	College ofScience
200,000		-Centre for Neuropsychopharmacology					145,000
300,000		Downforce Trust					600,000
		Justice					25,000
1,503,934							1,772,957
	12	CREDITORS: AMOUNTS			FALLING DUE AFTER ONE YEAR
Total							Total
Unrestricted							Unrestricted
Fund							Fund
2020f							2021 E
		Donations
		imperial	College ofScience
145,000		-Centre for Neuropsychopharmacology
1,000,000		Independent Press Regulations				Trust
300,000		Downforce Trust
1,445,000

15	RECONCILIATION OF NET INCOME/( FROM OPERATING ACTIVITIES	EXPEN	DITURE) TO NET CA	SH FLOW
Prior				Current
Year				Year
2020				2021
(7,843,590)	Net income/(expenditure) for the reporting period (as per the statement offinancial activities)			8,572,340
(7,619,973)	Deduct donations received			(6,671,834)
1,374,256 (362,619) (2,893) (601,968)	Adjust for: Losses/(gains) on investments Dividends, interest and rents from (Increase)/decrease in debtors Increase/(decrease) in creditors	investments		(2,592,865) (182,303) (1,368) (1,175,977)
(15,056,787)	Net cash provided by (used in) operating		activities	(2,052,007)

GRANTS PAYABLE:			Amount
Institutions
Alive and Kicking			15,000
Asthall Swinbrook 8 Widford	Church		16,000
Eastern Alliance for Safe and Sustainable		Transport	400,000
GlobalNCAP			200,000
Imperial College ofScience Technology Justice		and Medicine	100,000 50,000
Lady Margaret Hall Oxford			50,000
			831,000