## ## ## ## ## ## |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| |2020||||Notes||2021| |---|---|---|---|---|---|---| ||FIXEDASSETS|||||| ||Investments|||||| |6,905,482|Listed Investments|||||14,276,093| ||CURRENT ASSETS|||||| |5,798|Debtors|||9|7,166|| |229,172|Cash at bank and||in hand|10|253,556|| |||||||260,722| |7,140,452|Total current assets|||||14,536,815| ||LIABILITIES:|||||| ||Creditors: Amounts|falling due||||| |(1,503,934)|within one year|||||(1,772,957)| |5,636,518|TOTAL CURRENT ASSETS|||||12,763,858| ||Creditors: Amounts|falling due||||| |(1,445,000)|after one year|||12||| |4,191,518|NET ASSETS|||||12,763,858| ||TOTAL FUNDS OF THE CHARITY|||||| ||Unrestricted
Income|Funds||||| |4,191,518|General
Fund|||||12,763,858| ||Emma Maitland
Mosley|||||| ||(on behalf ofthe Board||ofTrustees)|||| ||Approved
by the Trustees on:..... .||||.....2022|| ## ## ## |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| ## ## ||8|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|||||||| ## |TEMENT|OF FUN|DS||||| |---|---|---|---|---|---|---| |||Balance at||||Balance at| |||6th April|||Investment|5th April| |||2020|income|||| ||||g|||| |Unrestricted|Funds|4,191,518|6,854,137|(874,662)|2,592,865|12,763,858| ## |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|