2024-04-05-accounts

Ch* r¢gl$lrallon numbèr 1142898 THE ALEXANDER MOSLEY CHARITABLE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

THE ALEXANDER MOSLEY CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION ls E M051ey Mr H Mc￿￿rner (Apwnted 5 Sèptember 2023) Chxlty numb•r 1142898 Prfn¢lpal adthem Lorbkn EC4A 1LT Auditor Gfobs <Auth) Lmniled 25 Sl. Thtynas Street S023 Bankers C.Hw&Co. 37 Fket Street LoThJon EC4P 4DQ SoMcllor Madartane$ LLP 20 Cursiltr SlrEel EC4A 1LT Inveslmont ad¥lsor• Av. de Ch*yl 7&77 CP 386 1211 Genè¥e 12 Invo8thi•nt manag• Edmond de Rothsthild SA 18 rue de Hesso 1204 G

THE ALEXANDER MOSLEY CHARrrABLE TRUST CONTENTS P•9• Twste¢s' ryrt Slatement ofTnth5' reSp￿1b￿S Indep￿￿ttIt auditof¥ repyl 8-10 Statement of ffinanL¥al •¥es 11 Bala￿ sheot 12 Slalemenl r)f ￿$h 13 Notes to the f*)andal statements 14-24

THE ALEXANDER MOSLEY CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2024 Thè Trustee5 wesenl their annual report •KI fvwKial yw wded SApil 2024. Th• finanrAal statements have been mwed In ac£fjrda￿t with the a¢%tKKKn)g set out ITr note 1 to the financial statem8nts And CoM￿Y with the Charivs TnJ8t Deed, the Charthes Act 2011 and -Accountiro and Rgporting by Charitio$.' StateM￿t of Racarr￿ded Pra(aice applirable to charths weparing their accounts in ac￿rdanCe th the Flnaniial Repo￿n9 Slandwd ap￿iCable in the UK and Republic of Ireland IFRS 1021" leffe611ve 1 Jabwry ))19). Oblectlv•• and a¢tlvltle• The objects of the Chality are to fijnds for Lth81itable puryxw as the TNstee$ 8hall from thme to time think fft. Stralw¢s lora¢hieving and obp¢lfves In turtherance of the objects Ihe Tmstees may ex￿18¢ tr govommgnlal agency or publt body as may be or t(rKards ch¥rtJlg purposes in commerted wth or ¢alxld to further the ￿je￿s.. lo procure, publish and ¢Jslribute or io Iwds fv ¢osl of others pmcurtng, pubfisling or dislribuling Ma￿la1 in any fomi induding ts(￿$. pamphlels. reports. jtyjmals. films tapes. or proJrammes that may be deemed desirable for the of the objecls of the Charty or for thg infomialion of cOntr￿Ul0[9 and others of the n88d$ and prwss ol the Charitr. . tt) Qrganlse or make grants towds the (¥)st of olhws organisw¥J meelings. lectures. confetences, INoathasts LY ¢owses of wistr￿li(￿.. . to promote lx carry ¢yJt researth: OT Oth8r kind of morw. yowrty. rts or wi4ry1eges of any kiThJ indLtding con1ribu￿ODS suty'ect lo $pgoal Iwsts or o)nditsM$ s¢ that such c0nlritm￿OnS shan be held applled accorthng lo the trusts or condilhMs on which they were tr￿Ster[e The Charty has beèn Ihr(wh a ol $ignikn dwng8 in rg1¥rt years Trustees arè in the proeess ot fomialisiNJ futwè $tratsgie$ to best athieve ihgr ains and obieclpffjs. The Charity wa8 pleased to welcomo Fleur 8eTard as a trustee. We parficularfy value her experie￿e kn Ihe mental heth seLor with young peopl8 as this is an area the thxity wshes lo conlKiue suFo The Truste8s ¢urrentty elerled to ￿￿t￿lue lo fuffl their responsibilitE8 wth rega￿5 to the aims and objects ty uThJertaking grant making athitte& The Ch￿$ granl poliw 1$ wovthd overfeal. The Trustees rneasure the Suc￿$ ofthg Chwty by revwrwJ of thè ￿¥jed. In the year ended 5 April 2024 gwls ¢otlHng £2,831.850 have been pro¥id&J to UK fegister8d thar￿0$. in lin• 4th the Charitys grant makKy P￿1¢Y. and the Tnjstees are consider1￿ donations to ￿￿kO in future yèars. bllc bonèfft The Twstee$ have relgrred to the Charty Con￿156￿)n'$ on benaft 18n WWAknJ th• ch￿￿8 aims and obj¢thes and setthvj thè ming p)ky. c(Th¥Jer th thg Charitys 4th1￿8$ fc the b￿effl of th• public genefalfy.

THE ALEXANDER MOSLEY CHARITABLE TRUST TRUSTEES. REPORT (COKnNUED) FOR THE YEAR ENDED 5 APRIL 2024 Gr8rt m8klngpdKy The Charity has established its grant making rrf)ky to a&MeNp its objg¢ts br the pLlic benefrt. The Trustees confiTh that thèy have cOMp￿d TMth the duty in sec1K￿ 17 of the Chilies ArA 2011 and have refeThed to th• Charity C¢)mmission'$ general guidarKe on public benefft tAthen ￿Vieryftg the ChaiiiY$ aims and objgclivgs aTrJ in F4anning future aclivits and selting the wanl making for the ye¥. The Trust••s' rurènl gr makiryJ poky. assess￿ rxocsse8 as fol0￿.. Prlnclpl In awarding owls, the Tnth y the foltrthd 1.1 Applications frryn UK rW•red chls Wbl be considered In to aP￿a￿S trom unregi8t8red thaiities. 1.2 An appkatpjns from wevious r8(3pients of grarts or from prew• unsu¢xessftl applicants will be conslderèd by the Trustees ￿ their own mers. Ihet Truslees t￿1 have iegard lo the outcomg of 1.3 The Charity WIN not normaty sutrfjort ap￿¢•￿￿5 from large natiC￿al charits i.e. tho$& wtth an ￿n￿al income in excess of £10 mn or wtth >£llXI assets or d￿rIt￿ da•m•d by th• Twstees lo bè already w￿runded Mrythin th• UK. Excly•lon• Tha Trustees WM rM)t normaly ap&Yo￿ tr• use of thè Clwitls funds fry rAuposes for Ththich th& Ll( Govenwnenl has a statulrn responS￿ty lo prwde. 3.1 Al ￿an1 aF¥li¢alK)fys be sthjwA to asses$n￿l to er￿￿re they rneol Ihe tTrasic cr8ria for fvnding. Grants be considered by Ihg Trustees at ea(* meeting of the Bo¥d of Trustèès, and Tru518es wll aim lo wrlte to surLessful apphconts infomirYJ Ihem of ts outcLTh of ￿11 appfjcali¢)n for l￿ding wlhin h¥0 monlhs ol thg dalè of Ihe appkthon. For admyiistra11￿ rea81)ns. ts Trustees wil only respond

p￿l￿t￿)n$ whlth are su(ussful.

32 Appllcants sha￿d note th. as with mwry other thaiilabte Iw$ts. the Chartty often r￿1v￿ far more applations Ihan il has funds Io SLvPc￿. The Charity may th8refcrfe be unable lo Pffj￿de a grant lo every 3.3 The Tfustaes Mt t to wo4id& ￿ expkntion lo an appi￿ant shoukl thair application b8 Achievornonts and p•rforman¢• SIO￿￿C?￿l aclivities and aGhievements against otycbves The Trnsl8es awarded grants tota￿n9 £2,831,85012023- £20.￿}1 dumg the year In ao>vdance wkn the Chaiitvs ant makrng pdKy. Adetsdgd kl of 81 grnnts made yearwe delaled kn note 7 to Ihe acco￿15. Fundrnlthg prndKes As is appropriat8 for a W8n￿MakIng (arity. the Twstee$ generally inmled donations Irom Ihird parti8s. and it is 1hgir Fc4iGy lo revi￿ donatiorts from Wenlial Sup￿[￿ on a bespoke basis to 8nsur8 compliancè with all legal regulations and obligaiws. The Trustees. general intention is to make granls income yenerated by arrwjunl bequeathed lo tho Ch8rity and by Ihe Chaiity's existing inMwtmenl$. re8eNe the lo m*e grants fr(wn Charftys Capitsl. The Tmslees do not inlend to und¢rtake arry addrtthal fundraising at this time.

THE ALEXANDER MOSLEY CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED S APRIL 2024 Flnancl•l r•vt•w Tolal re86r¥es hebj at thè of the yearended 5Awl 2024 8nKN>)ted to £157,499.040 <2023- £101,671,225). R8suks forlh8 ￿aT A $￿Tr￿ary ofthis yearf$ res￿5 can te on page 11 oflhis rep¢xt and acojunts. During the year ended S April 2024. the Charity received. ￿ w￿e nobfbed of. interim legacy distribjtions ol £41.520.729 {2023- £90,S13.6281 being the market of sh¥•s hekl as part of ￿ inveslment rxNtl0￿o. A rebale of £779.051 is du• forlax paid on inC￿M6 from lh8 r•siduary •slat•. Totsl Investment income for the year •mOun1￿ lo £4.651.952 {2023 - £822.6911. The Signif￿an1 ffjctsase to the veslmonl p￿0￿0 lo kgacy recthd is Ikto it￿1$e from wwestmenls in hjture yeats. The Twstees awarded grants lo inslitutions tolalNJ £2.831.850 (2023 - £20.IW. Investmenl managers costs of £325.90012023 - £1{KI,8￿). grant admir￿Strai0n costs of £89.297 (2023 - £49.6191. govemance c￿¥1$ of £8.3S7 (2023 . £2.089) financ costs of £13.498 (2tr23- £6.234) W tha totsl exp￿￿1￿8 b £3288.￿12(2023. £178.742). Thero were Inveslm•tt ￿[ren￿ and thses the year g¢neralM)g ￿ overnl galn of £12.144.985 12023- £4,253.820). This resulted in • rt inetsase ye of£55.827.81512023- £95.411.395) in the fund$ af the Charrty. R8swspthy The Chartys reserves are in investments cash •¥1 •i¥e frryn the of )na¢ws ow oxpgn(knir• aNJ grnnts. They are unreslrid and fre lo Slipp￿ ￿ of the Chwws ac1￿$ and eypenses furtheran¢e of its pury)oses. The Twst•ès r•cyi#• ts n•ed to wfri8nt WW•81thA•d re8er48 to ensure the Charitls prot£dad in the event of income sIK)rttsl and ecwKJmK downfvms. The Tru8lee8 have sel a target for frèè unrestrided reserve5 ￿ a risk basis to some woteclion against any unforeseen decrnase in the Chaiills Investment portlolio or faihjre to achieve 5uffi(awrt thJnalMJns in any partIC￿lar year to meet grantrmaking demands. and to wowde ¥UffiGienlww￿ry ¢3pitsl. The ¢uNent ￿SeNe$ Is lo ma#)t•n reser¥es al a level thal wlll c¥)ver al least two years, cdinary eXp￿d1bjrt and granls w6thin the ChariVs objects. This p)Iv¥ is omnty under review due lo the S￿)$￿tial thjnding retEived from Snteml legxy dIStr￿￿on8 during the ye*.

THE ALEXANDER MOSLEY CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 In￿St￿nIp01kY I1￿lne with their agreed investment Fdry. the Tr￿lee$ ha retaned investment •Jv5soTS {Citad81) lo whom the management of the Charivs fijnds has baan delegated. Th• Charity had an in￿lMent p￿1[0￿0 as at 5 2024 wilh a value of £151.824.046 12023 . £105.038,925). Total invasknenl I￿0MÈ receNeil Wb the year to £4.651.95212023. £822.691). whlch equates to a yld of 3.06% {based ￿ ￿V8strnerrts 8TrJ cash held at the year ondl. A significant prop)rtl¢)n ol investments wère acquired milhvay Ihrouth the ye¥ and Incofflè receNed duinJ the year to S April 2024 may not represenl the total Sncome receivth in ftrtur• years on the wesent An investment policy has b88n dalermin•d tythè Tntstees as frkns.. Inveslmgnt 0￿￿1¥•¥ The Charfty seeks lo p¥od￿e the b￿1 ￿l￿n withMI an ￿p1a￿ level of th. Capltsl prgseNalion Is of imk¥Jrtan¢e. Thè Trustees a¢knoledge their under the Trustee Act 2(XIO lo d￿ersIfy investments and

c￿rding￿ the TnJstees' inveslmer* objedNe is capital grovrth in ex￿8$ of Inllalion IRPII and a stable.

growing irKome stream. The Trustees are prepared to the Mwestmenl exercise holislicalty. ProvJed the value of tha captsl is preserved from erosi￿ by infi0th￿. the Trustees are Prepared to dislribLla both tho In￿Me r8tum and part of any capital atvrodalh)n n IwtherarKe ofthe obj'eds ofthe Charity. 2.1 E¥treme ￿pIlO1 wlaliwty (xnnol b8 trI8ral8d and assets shO￿d be invested to minKnise risk and lo mrflgale lonterm h)fialitin risk. CaFrflal and income can be lolÈTated ifcon5iStent expe¢tslions. 2.2 A Suitab￿ pr￿b￿ of the Charits assets shoLI be h8kl in cash or near-cosh investments donomknated In 8terliNJ lo all￿ hi￿ liquldly in ordw to seThryce ¢x¥Joing r8quèsts for grants. The femainder of the Charivs assets should bo dfversiffied thrw investment in su¢h manrw as the Trustees decide. 2.3 The Charlty's Cath balarths shouhl be d8posi￿ with ilh a mimium ratir4J Of￿ or in¥￿tsd in a thversified money mwket fund. t)eposits Sho￿ bo spread by rnwrteTpaty. lo limit thg ￿PoSure to Llquldlty Rffjulr•ments Tha Charity Sho￿￿ choose irNestmgnl whx wovNJo a reasonable degree of liqubdity, i(*alty allovmng settlement after four buswiess day$. Thn• Horlzon The Charity con adopt 8 lThlèrm in￿$1￿￿nt horots). Mamnsks The Tru81888 are resptsn$ible for Ihe management ollhe riBks facAd by the Chty. The key risks faced by the Charity, as wknbfied by ts Tn￿. •re described t￿her wlh lh8 prinrApal ways in which thay are mrtwjaled. . The Chaiitys assets ar• n¥&$Ime￿ cash, thè inves1rn￿ be￿￿ subje¢l to sloth m¥k8t Ihjcluations. The Chartty carries ¢)ut ils objeclives by prowthng grants lo inslltuth)ns that are also UK-regi51ered charilbes. whose objects comply with the Charitrfs uilwla. There is a iisk that a granl provided by ￿ Charity may nol reac4) the inteThled recipient andlor may be used for pwses not ¢onsistent with the Charitvs owects. Whilst the Tru$lg9s are of Iheir ottytion to ensure that the Charity beneffts th& publ generaly, they l&%e some as5urartt from the f￿1 thal r￿1p10ftts of grants we thèmsefves regulated to ensure that they operate forthe bwfiL

THE ALEXANDER MOSLEY CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 5APRIL 2024 Plans for futur• p•rlod• The Twslees are awwe that ihe Residuary Estates of bolh Max Mosy Mosky vriEI accruè to thè Chity follmng the end of ihe administraticffl period of&. Interim distributions have been reC•l￿d thring Ihe year alstrthtions of £1.473.881 ha￿ b••n f￿al￿d folloMng Ihe year end. Further distroJtions wil be ￿1Ved ijn ￿mPletIOn of the athinistration of astslés, however ￿ batar￿¢ recdvAe ¢anThX oxronty bg eslimaled. The dlslrfkxJilw$ h•rt caused slgth(¥nt knueases lo funds of the CharTty and the TNstees arè curnent vlewlng the alms oblectNe8 of the Charity to decide best to thstsibule the fimds going lo￿ards. Plany ara nol yel finaised, however the Trustees are nNnd(ul of the respcth￿lÉ￿ are see￿ThJ professi¢Jnal guidance as parl of their review ofojrrent poke& Strncturèp go¥•mnc• and manag•m•nt The Ch￿lty was estatlthed by a Declara￿ of Chaiiiable TnBI ded 30 IAarth 2011 is registwed wllh Ihe Charity Commission under charity number 1142898. The Charity'$ 9o¥erniThJ instrument Is its Trust 08ed whlch The Trustees who served the ye¥ ¥J tou date ofsvdnalure olthe fnanrial 8tat8m•nts were.. Mrs E Mo￿eY Mr H Moitimer Mr H ￿eX￿der Mrs F Berard (Al>p)in￿ S sept￿n￿r 2023) Rocmilmgnt and app￿1￿￿10r1wS18￿s Folowing the dealh of Max Rufijs Mo awKJwitNI9 Trust••s ¥•sts in th• ¢￿tinuIng Trustee8. Ther¢ ¥hall tf at1ga¥l thr99 Tru¥tg9¥. In appolnllng a Twstee the Trustees wil take into aoyAmt IF benefrts of appjintiry a person who is ablo ty vktue of his or her person81 or wole￿Onal ¢wali1c￿•jft$ to make a t(￿Ution lo thg pursLMt of th9 objects or managemenl olthe Charity. No pernin shall be appoNrted as a Trustee untess they haw altwed the age of 18. No person Shall be enliiled to gci as a Tr4Jsle8 tsrtil after sigThn9 Ihe de8d of gppoithwl ty o ded¥tth)n of acceplice and wilkngness to ad in the be￿ intgre$t$ of thg Ch¥bty in the minLrte book ol the TnJ5tees. Thè managèm•rt of the Chority is the resrM)nsknlty ol the Tntslees ele(ed and under thè tenns olthe T￿￿1 Deed. Th• Truslees rneet al least twice a year to WTylemwrt pjlry. The Trustees conyrise Ihe key manag8ment F￿sOr￿1 of thè Charity Ni chargè of dirncthng and cortlfrjling. runnkng d operatww th¢ TnBI on a day lo day basi$. As dela4ed wrfhlll tho IM8lment Ptilty the management of the Ch￿ty$ inve$trnenl p￿lf010 has beon dekged lo Cit•Jel. Ind￿ and trnlnlng 011n￿l￿8 Profe$sThal adl¢e is a￿11 at4e lo new TrLtees fr¢¥n fv Tru8tees' Sor￿ ￿r training purpwes regaT(ling the es of a Trustee. In addition new Twstees to reviv the gidance wo¥id•J by Ihe Charity Commission fegarding their responsibllies. RwTwnor•bon w4icy I Tw8lees give their twne freety WKI T￿l￿d in th• y•ar.

THE ALEXANDER MOSLEY CHARITABLE TRUST TRUSTEES. REPORT (coKnNUEDI FOR THE YEAR ENDED 5 APRIL 2024 R8181Jnship with rg1•1gdpafffes The Twstees ale aw￿ of their respowbilities Tegarthng Telaleil parties ¢f interest. Detats ol rélated paty transa￿K)n$ are di5¢1osed in note 24 lo th• aLX(wnts. The Trustees, rep(￿ was apwowd by th Bo¥d ofTntstees. Mrs E lknlty Chalmi J•lf

THE ALEXANDER MOSLEY CHARrrABLE TRUST STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 5 APRIL 2024 aFvlicable Unlled lfjrwJdom Slwthrd$ IUIMtfjd Kvyjryn Ggneroly A• AC￿un11n9 Practre). The law applicable lo Cha￿leS in Efig1￿d and Vlaleg re(pms the Tntstees to prepare financial slalements for ead) finan¢i81 year wlmth give a t￿t and far of the state of affaws of the Charity and tsf the Miccrfning re￿UrceS and applicabon of resources ol Ihe Charity for that yew. In prfjparfng thew flnancial stwnwts. Ihg T￿￿18$5 ￿ re(NHrwl lo: - select suitable accounllng polbes and then Ihem ¢Mslstentr, . makejudgement5 and estimates Ihal are Teasonth . $la¢g 4ylicab19 accryNrting st￿j¥d$ h04p b8￿ folryed. to any malerkl departures dlsthsed and 9xpl81￿ in Ihe slmonts,' WMI . prepar¢ thè fin8nu813tatemthts M tr gw ¢on¢wn b9818 ￿￿988 * is inapFrfw*ts lo pres￿ Ihat tho Chaiity 11 conlinue in operalpjn. Thg Tfusl8es are responsible for kegpirg suTrignl rocords thal iffisdos• with reasonable accuracy 81 any Ilme thg fmancial po$rfion ol the Chwity aTrJ enabkn them to that the fffjan>81 $tslem¢rts comply with the Charilles Ad 2011, thg Charly {A¢￿)U￿5 and Rep￿ts) Regulations 2(￿￿ and the provtsions of the Trt￿l Deed. They are also reS￿nsible lor salegu8r¢liNJ thè asgets of the Charity and hence lor lakiig fea50natJle steps for the pre¥enlion and deledh)n offraud and

THE ALEXANDER MOSLEY CHARITABLE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE ALEXANDER MOSLEY CHARITABLE TRUST Oplnlon havè audited the f￿an￿81 statements ol Th8 A￿xande1 Mosley Charitsble Trusl {th& 'Chariy? for the year ended 5 Aprl 2024 whid) comwise Ihe sta8m¢rt of firwK4al Ih& tsa1￿¢0 sheet. the statement ol cash fhyAs and notes to the financial ststements. Ind￿￿ng shJnificant a(XOLmling prAc4e$. The financial repor￿n9 fram&wth thal has been applisxl h their preparalion is appli¢abJe law and United lQngdom Ac￿￿nting Standds. Inc4uding Financta Reporting Standard 102 The Financial StaThlanl Wicable in the UK and Ropublc ol irnland{Uniled lQngdcth GenwalfyAccetrtedAccwitry PraLl1￿). In our opiiion. the finan(xal stalwnwts: we è tmè and far ol the state ol tho Chari￿S affa￿ as at 5 2024 and of rb inc(ming rgsources d applYAUon of resources. for the year then erkled; have beon properfy prepared th¥ted Ifjngd￿ Generaly Acwt8d ACt￿n11n9 Prod￿. and havg been prepared in wSlh the rnqiIrem￿ ofthè Charth•sAd 2011. 8asl$ for opinlon We t>)ndvcled our audit in ¥¢wdan¢e wh Inlemthonal Slandards M AuditirvJ (UK) IISAS (UK)) and apFlicablg w. Our res￿nsIbIlitieS under those standards are ftwther desu)ed li thè Auditors rn5ponsithbfves forthg audit ol the finan￿al statemonts seclion of our repo￿ ￿ a￿ WKlependent of the Chwity in a¢¢otdan¢e w61h the ethical requiiements that are relevant to ow audil ol the fvanc¥al statements in the UK, including the FRUS Ethical standard. and we have fulfilled our other etlxa responsibl￿•S in aDrdanc& with these reqwiements. We bèlieve thal the audii e￿denc& we have [￿t￿lled is suffrnil apwwTra¢e to a ba￿ for ow opinion. conclu910￿ r•latlng to going Concern In auditing the financAal slalements, we habE thal Twstees, use of the go1￿ con¢em basis of a¢¢ounting in the prfjparatK)n of the finwil sts¢fjmonls is appropnate. ondllfons that. indi¥idualy or ¢xlectivefy, may tast 5igYMficant doubl on the Chwrty'5 #bilty to continue as a going concem a period of at laast mnlhs Irom when Ihe fman¢ial staterr￿ts are aulhorised I¢￿ issue. Our responsJllltS KI the reSpo￿blitS ol the Tru￿￿ wAh respe(I 10 concem ai& d&scrthd in the relevant secllons of thi5 report. The olhef W)formalion r￿MpriSOS th• ¥if0M￿ltin Thluded anrwal report other lh￿ the finarrAal Statements 8nd our auditorf$ report th&rèon. The T￿￿teeS are respons￿11￿ Ihe other infomwlh)n contained wiihin tho annual ieport. Our opinion on the fmaniyal statements does rM)t coverthe other ￿forMation and we do no¢ oxpro5$ any fcrfm of assuranc4 condusion thereon. Our raspon8iblTty is to read Ihe othw ￿lO￿a￿n aThl. in dory so. c&)nsider whether the othèr inlofmaticffl is malerialty inconsistent with the finarrial statements LV ow krthywge oblaned in the t￿r5e of the audit. ty otheJwsse appears to be maleriaby misstated. If we id8nlify 5LKh matefial inconsisten￿S or appar￿1 material Msslat8ments. we arè required to delennine whether tfv5 gTves iise to a material misslatam8nt in finan¢ial $tatem&nls themselves. If. based on the work we have perForm8d. we conchJd8 that thère is a m•rial nNs8latement of this other infomiation. we We requwed to reixxf th* f• We have ￿t￿n9 to report h thki regard.

THE ALEXANDER MOSLEY CHARrrABLE TRUST INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF THE ALEXANDER MOSLEY CHARrrABLE TRUST Matt•rn on whlch ￿ ar• r•q￿red lo rèp(wt by•xwti We have nothing to rewt in ffjspe¢t of the foNowAIg mattgrs in r91alK￿ to the Gharilps IAf>JUnt8 and Report81 Regulalions 2CQ8 require us lo reptyt to you if. li our r47i•).' fo￿rt.. or the Ch￿ty has nol k￿t ad•w axountKo r•r¥Jrds: or Ihe financlal slatgments are rKI in a￿￿nI1￿j reiwns: ( we have not Teceibyd all Ihe Informall¢￿ wJ ey¥knth we require for our aud6L Ilesponlbllillp• of Tnm1￿ As exptBined rn￿• lulty v) th& statement of Trustees, responsibih'li85. tho Tnnte88 are responsible lor Ihe pr8parAtion of the finaMi81 st8t8ments a￿1 for b8¥w satisfied thal 11w gbve a twe and fair ￿ew. ar￿ for suth intem41 contrd ¥$ the Trustees dg1wn￿o Is necessary to enaL49 thg of firwcHI stalemth that are fre8 Irom m8ten81 misstatemenL whether to fraud or WTOr. In preping Ihe financial stslements, the Trustees e assess}r￿ the Charfil$ ablllty lo c)nllnue 0$ a going con￿rn. disdo￿￿j. as appI￿able. mattern related to thneem and usiNJ the 90ing ￿ne￿I b881$ of accountiry unless thg Trustees either wrtend to c￿e tipwJis. or rèalBlic alternalpm tyjt to do 80. AudttoV rn•pon•lbllld•• for lh• audll olth• flnAnclal 8lai•m•nts We have been appointed as au¢ffiry under SeL#m￿ 144 of the l)wiis Ad 2011 and rewwi in ts)rdance Y￿1h regula￿on$ made under se¢lion 154 of thotAd. Our obiectives are lo obtain reasonable asswart￿ 8boul wlfvrlhe fina￿la1 StateM￿ts as a whole a￿ free from material misstalemenl. whether the lo tra￿1 or error. and k> issue an auditorf5 report that includes our opinion. Reasonable assuranco is a high lo¥el of as5uraKe lyjl is not a guwantee that an au(t 0)nd￿￿ed in accordance th ISAS {UK} will akvays dalect a rnaterial rnisstalemenl whgn il exists. Misstatemorts can arise from fraud or eNor PIKI a￿ ¢onsidered material if. individually w in thg aggrggale. they r)wld r9ason¥ be e¥pgded lo knlkn¢ the econonmc deasions ol users laken on the basls of Ihese fmanoal stalemetit& fègularilies. induding fraud. are iistsnces of laws and regulations. desi￿ w0¢edu￿$ in line wilh our responsiknlit$, oulined above. to deted mataial rnisstaternents in resperA Of wregulariliès. includiig fraud. Th8 exiont to whith our procedures we ofdeknAwvJ vwwAits. tra￿1. is dotailed behjw. oblwned an Und￿nding of the aThJ applicable to Ihg Charity dI$￿s￿n5 wlh the Trustees and OUT prew¢Jus knowledge of Ihe Chwty. Trus ident"ffied that most swJnffi¢8nt and ukilions felate to the ffAm ond conlert of the fmarrial statements guth as the charl￿t$ Act 2011. Chafibes SORP {FRS 102) and FinanrAal Reportwig Standard 1172. The Charity whh these laws aTrJ regulation$ by Using appropriatety qualified professionals to prepare the financAal stments. A8 part of our plannlng WOfASS, we assessed su$¢epltbThi ty of the Charvs ffiandal slatements to materbl mlsstatements. induthng how fr8ud might ow by makirwj an assessment of the key risks. The key rfgk Identified In respect ol The Alexander Mosley Chalitth Tru Is The TNst¢e8 conffimied tyj actual. BU8pectqd or alleged cases of traud. Bosed on this assassment wg desJn8d auffji to hJrw the key ￿ arga$ wllh an empha$M lesting the SncThmSThJ resources. A fr￿her description of respons￿1￿ Ix) the FM￿¢181 Re￿11￿ c￿n&1'8 website al: hltps.'Il 7vww.frc.OTg.uklaudiiorsrèspon$ibilitie¥. Thi$ ¢lestrWiM part olour audito¢s reF*Jt

THE ALEXANDER MOSLEY CHARrrABLE TRUST INDEPENDENT AUDITOR'S REPORT (coKnNUED) TO THE TRUSTEES OF THEALEXANDER IIOSLEY CHARrrABLE TRUST U¥• of our rnport This report is made solety lo the chari￿s Trusl•8s, as a body, li accuda￿e iih part 4 of the Charities (Accounts and Reporis> Rewlatiorts 21J08. Ow auth¢ has been undertaken so Ihat we mithl state to the Charitls Trustaes those matters we are wuired lo stale to them in an wditorfs report and for no olher pUr[￿se. To the hlle51 extent pemiitted ty law, we do nol xcept or assume r¢sp)nsibiMy to anyonè other the Chwity an¢J the ChariVB Truste&$ as a body, for our auditw¢xK tr45 report. or for the O￿lOn$ we ha￿ fom1￿. 8h•w Glbb• IAuthl) Lknlt•d A l.>..1..2o.Zf Chartowod ¢erUfied A¢counlants Statutory Audltor 2S SL Thomas Street Wv¥th8st8r Hampslmre S023 9HJ Shaw Gibb$ (Audll) Limited is elig41 to ala 3$ 8n auditor •) temw of Seditin 1212 of the C￿lp￿ie$AC1 2006. 10-

THE ALEXANDER MOSLEY CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 5 APRIL 2024 Unv¢¥trlctsd Unroslrfcted fvnds 2024 2023 Income from: Donations and legaae5 Invesknents 42.299.780 4,651,952 90.513,626 822,691 Total incom• 46.951.732 91,336,317 Exp•ndllur• on: Raising tunds Chaiitable activitses Othw expeNJttwe 325.W) 2.929.504 13,498 10).800 71.708 6234 12 Total eX￿d1{ure 3268.902 178.742 N•1 gain$ on invastinents 13 12230,861 4256,662 N•t kncom• 55.913.691 95.414.237 Oth•r recognl••d g•ln¥ and los•M: Othw tosses 15 (8S.876 (2.842} N•t mov•m•nt In fvbv $5,827,815 95.411,395 R•concllatlon of fundj: Fund balances at 6 AprH 2023 101.671225 6,259.830 Fund bal•n¢￿ at S A￿1 2024 157.499,040 101,671225 The slalThnl of fmandal al gal)8 kisses recogniled wi th& year. All income arwj expenditure derf¥e c￿lIn￿l￿ ad¥liie& 11

THE ALEXANDER MOSLEY CHARITABLE TRUST BALANCE SHEET ASAT5APRIL 2024 2024 2023 Flx•d Inveslrnents 16 151.824.046 105,038.925 Curv•nt •￿ets Debtor8 Cash at bank and in hand 17 3.3￿,461 9.041.4CKI 578.079 2.114.492 12.341,864 2,692.571 Crndltorn: amounts tsllng du• ithln one y•ar (2.9B1.884) (1,759,734) Net curTrnt a•s•ts 9.359.980 932,837 T¢)tal a$••ts lem current Ilabllltl 161.164.¢Y26 105.971.762 CvgdEtor¥: •rnoynts lalln9 du• aft•r than yor 19 (3.684,986) 14.300.53n N•t I￿¢th 0Xd￿1Ing pen¥lon Ilablity I57.￿￿9.040 101.671225 157.499.040 101.871.225 The fund8 of tho Charfty Vnre¥tsicted funds 157.499.040 101.871,225 157.493.040 101.671,225 The finanpial stslements were approved by ts Tn￿(1¥$ s/fvy J•lf Mrs E kSJsbry 12-

THE ALEXANDER MOSLEY CHARITABLE TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 5 APRIL 2024 2D24 2023 Ca•h Ilowj from opornlkng •CtM Cash generaled frorfabs(wbed by) operations 6.321.303 (3.993.36n Investlng actlvltl•s Purtha8e of inveslmenls pro￿#dS fr(Mn dispo881 olinveslments Investfftht income row¥od {61.323.532) 57.363.061 4.651.952 13,149.344) 4.105.778 822.691 Mèt ￿¥h g•ntrnt•d fnKn In¥stlng aGtlvltl•s 691.481 1.779,123 Net ¢Mh u••d In fffj•Thdng a¢tivlll Mtt Incrta$elldeGreaiel In ush and G•Bh oqul¥alenl 7,012.784 (2.214,2441 Cash and cash equiv*nts at begknlrKJ ofy Effect ol lo￿l9n exthangg rales 2.114,492 {85.876) 4,331.578 {2.8421 C••h and cash equlvalents at end of y•ar 9.041.4(K) 2,114,492 13-

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Ae¢ountlng pollcl•• Charlty Inlornmtlon The Alexondef Mosley Clwitable T￿￿t is a Ch¥4able Twst govemed by a Tntst Deed dated 30 Mar( 2011. ond 1$ a charity registered in Erwknl and Wths Idwly number 1142898). 1.1 A¢¢ountlng ¢onvgntlon The finandal slalemenls have been prepared In ￿￿rdance wilh the ChariiV$ Trust Deed. Ihg Charitigs A 2011. FRS 102 Tr Finanaal R￿p￿ing Stsndd applit4ble in the UK and RepLknllc of Ireland" fFRS 102.1 and the Charities SORP 'A￿[mIM9 Repthi by Chwrtw". Stslemenl of Recommended PTactice ¥p￿ltable lo charlties weparing th￿r accounts in a¢¢ordance with Financaal Reportww Standard appIl￿ble in the UK and RepublK of Iraland {FRS 102)" {effeLINè 1 jar￿ary 20191. The Charity is a Publc B&nofj1 Entity as defined by FRS 101 The fmanaal statements e wepared in st8rfwig. wli￿ is Ihe lunclh)nal of the Charity. Monetary amounts in these fmancial statements are rouThled to Ihe newesl É. The financ4al stalemonts have been prepared ￿d0r Ih8 hlsioric81 cfjsl Un￿88 othe￿188 8laled ¥1 the re18vant actounti￿ policies bebjw or in Ihe nobs to a¢x¢)unts. 1.2 ¢3olng Concern The Twslees have as8ossed whether tre use of thè WAng cweffl assurrol&)n is wopriate In prepah these ac¢tyJnts. The Trustees have made this asse8sm8nt in respecl ol a perlL)d of year from the dale of approval ofthese a￿ounts. The Truslees ar• of the ¢)piihJn that lh¢ Clwty have suffKiwrt resouT(x8 to meet its liabilities as they fal ue and therefore, there are no ojncems regaidiig the Chanvs ablity to conlinue as a gcmng concem. The rnosl slgnfficant areas of judgement Ihal 8ffe¢l items in the aco)unt$ are delaiied in Nole 2. Wrfh ffjgar¢l lo the nexl ￿￿nting period. the year endtrj 5April 21Y25. the most Signffi¢ant areas that affect th& crying 01 the assets hehJ by the Chanty are the lev815 of ra¢es aKI i)¥eslmnl retum& Tru$tee8 cgjnsiderthere aro no ftwt8rial unc4rfainiie8 almxrt the ChaiiV$ ability lo cO￿nUe. 1.3 ChJrflabl• fund• The general fund represents funds a¥alaL for purposes of the Chaiity which may applied at 1hé Ifiscretion ofthe Trustees. 1A In¢om• Income is recognlsed li the wmxl the Chty has entIllem￿ to income. Ihtr amount of incomé be measured reliawy it is wobatrd8 that the be received. Inte￿81 on funds hehj on deiThl is ￿dUded 7&then receivth the amourt Can be measured reluqtty by the Charity.. t￿$ is nomi• upm nolifKkn ol the intwest pad of by th• b￿k. Donati￿$ are rocogntsed when the Charrty has b8en In of both amount donated and the settlem￿1 date. Legaues are re￿nised on receipt or othwwse rf the Charity has been notified of ￿ impending di$lribut*&n. the amount is knry￿n. aTrJ rec• is expect￿. If the amunt is Th)t known. the legacy is treated as a conlingenl assel. 14-

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 5 APRIL 2024 Accountlng polklel IContlnu•d) 1.5 Exp•ndliuro Liabilities are rewised as expen¢kn as soon as Ihere is a legal ￿ corth￿ve obwn commtttiThJ the Chanty lo make a payment to a Ihird party. il is wobabk that a transfer ofeeoncrf￿ ￿ftefits wlll be roqLared in settlement and the amoLmt olthe otAigations can be rneasured re￿abty. Al OK￿ndIlUr8 is accounted on an acen￿$ basis. Exp￿￿re CLNnwises direL costs and 8UPFXt ￿Sts. All expenses, Induding support costs. arg alo¢ated w apyxtKinod lo the applice expenditure hwdiThJ$. Th& c4assificallon botween ￿ &#lvlis 1$ as folaws.. (a) Exwdllure m ralwg ILthth ine&l•s assouat•d wth raising furwjs frjr th• Ch. (bl Expenditure on dwiitable actiirybes indudes al costs ass0(ath frjrthering the ch￿tabl? Purposes of the CharTty the provi￿ of ils tharrtable actmhes. cztsls include tharilablè grants payable in promcty and enharw charitable work tarried oui by olher ¢haTilabte organi$attyJns. and reld siw C￿St$ Ihe of admii¥stering the Chaiily and governance costs. Gr¥nls payat4& are inthd￿ li the stat￿8￿ of fro￿131 tAtn approvod ¥KI th• InteThJgd rec>pienl has erther received the fund5 w been inlrymed of deCis￿n lo make thè dM8lp)n and has sath8fied all rdaled ccffldilions. Grants apwmd iNJt not pwd at Ihe erHI of the firwnaal year are acuued for. Grants whefe the beneficiary has not been irrfomied or has to meet Certa￿ ¢))nditions before the grant is releas￿ are not acKJuod for noled as fnwK#al GI)nN￿ in ts Th)les to the accounts. All ex￿dit￿• 1$ ststed Indusl% ol irrecolwth VAT. Allocallon 01 •4WOrtand gov•rnw• ¢o•ts Support costs represent inthrect d￿ritable experthwe. In order lo ¢yJt the ￿rnary wrposes of the Charity is necessary to wo¥•Je siwi in the fLYm of ser¥Ic￿. Gowmw¢o ￿$15 ￿n￿rIse the cos1$ invofving Ihe public aw)unlabilty of the Ch¥iy (vKb'ng a￿￿1 g)stsl and the costs in respe￿ of Is corry4an¢ wilh rogulalion 4ThJ gfy)d kY•e. Support costs 0)vema￿e costs a￿ toth8 one cthaiitth admty. Flxed asset In1￿$1ments arn on the bala￿ al thek mathet value al the end of the financial period. Reallsed and ￿realISed gains (or h)sses) We ¢xedited lor debiled) to the slalemenl of fmaniyal ael￿e3 In t￿ ye¥r In whlth ty wls Li51ed inve8lmen15 we a I￿￿ of basic fmanc4al instwment avj are Initial￿ recognised at their trar￿aCtIon vatue and subse(D• at their (ar as at th• balanc sheal dale Us￿9 th8 thsThJ quot•d Reallsed gains (￿lo$Se$} on knVeStsn￿ as8ets we ¢knJlated as the l￿fferer￿ between thsptssal pro¢ee¢ts and Ihew openlNJ caryin9 value or trir p￿ch￿ ¥ahA rf wired subsequent to Ihe first day of the fman¢ial year. Unrei8ed gans and h)8ye8 are calculated as the IlffèTerte between the fair vatue al thè yè end and Iheir carrwng vue at that dale. Realised and uNealised inve51ment gains {or ￿SSes) are credited (or debbtedl Ihe statqmenl Off￿n¢￿￿ adimties in the year in wh tw arise. 1.7 Cash and cuh •q￿valents Cash at bank and in haNI iewe8ents su( arMI that e avalabje ¢)n demand or have fixed maturty dates. -1s-

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Accountlng pollclol Iconllnuodl Fkn•nclal Instrurnnl• D•btorn Debiors are recognised at their sdllement arr￿￿. l•ss any pr0bryS￿n for nonwre cthal e51wnth lx IUdpr￿nts. other (h￿ as dfrtall￿. that r8quwe di¥()$U￿. Crltlcal ludgem•nts UablNty for muMlw•ar want ¢0mm￿nts In Ihe year end8d 5 April 2022. the Chaiity comnNlnwrf of £7.000.0fy) to the Indepgndent Press Regulation Twsl IIPRT), paymerts m twKe ￿arlY owr a pwbd of7 years. Trustees consider Ihe lime value of money lo be material and thal a (liscount rate of 0.65% is appropriate. based on average of ts ratss of intere¥t payable tsn the Charitys deposit acrLJunts at Ihe date the commitment was m>Je. The present of the comthfflenl at the date of award was £6,855,805, and the total ffirtance cost of £144.195 is being unwound to the Statemenl ol Ffftarwl AciivttK9s o¥er th8 I￿0th of the commitmenL In the year to 5 Awil 2024. 0 fir￿nc¥ Char￿ of £13.498 ha5 be8n reoJgni5ed the SOFA At Ihe Y￿[- Bnd, Ihe pr8s8nl value ol th& commilment fArtStanthy £4.895.537. Ftythgr detsils a￿ gTven in nole 20. No discountiw ha3 been ￿lated on Ihe commkny)ents made in the year lo 5 2024. as the time value ol money is COn￿dered to be immateri81 in respect olthese commilmènts. 16-

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Crlcal 4CGountlng •stlmat•• and I￿19•￿ {ContlN•d) Re¢ognlllon of1oga¢y kn¢om• The Tmste8s are aw¥e. as sialad 7lhin thi5 rwi ol the c?￿￿S •ntitkn￿nI to tha reswjuary estate income foll￿n9 the eoftwletion ol administralion. r￿n9 the y8ar there intwim (thstributions mada lo the Charity lolallin9 £40.047.048. Furth&r inlerim distrbulb)ns totalling £1.473.681 were paid after the year￿, bul ag￿e￿ by the exgojtors durw)g the year IrKathd legacy income lor the year lo 5 Aprl 2024. Fuiure thstrlbutlons are prthab Al Ihe yt#r end the rsm4ini19 residuary e8t8te CAyJfd not be twanlified as estate administrallon was. aThJ is stil ongoirvJ. The Trustees had not notffjed ol distribulhjns at that dale from ￿ gXgf)Jtcvs. 11 is the c¥inion ofihe Twslees that due to thi5 unwiainty ts amcwl knthvn ￿ the fenMlrarvJ18gacy is disclosed as a contingenl a￿( 22. from don•lJon8 •nd leg•cl•* UnY•slrlel•d Unrn8trlct•d fund$ lund8 2024 2023 Legacies receivaile Tax ieclainable M estate •)come 41.520.729 7T9.051 90.513.826 42,299,780 90.513.628 In¢mi• from Inw•tnw UMntrl¢tod Unrnslrf¢t•d funds fi￿d$ 2024 2023 me from Isted In¥estments h)twesl le￿I¥8ble 3,349,362 1,31Y2.590 722,664 100,027 4,651.952 822.691 EXp•nd1￿rn on r4l•ing lund• Unr••trkt•d Lknrutrlct•d fund• fund$ 2024 2023 I￿sImOn1 ffl8nag￿Qrt 325.900 100,8CM) -17-

THE ALEXANDER MOSLEY CHARrrABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (coiifiNUED) FOR THE YEAR ENDED S APRIL 2024 xpgndKurn on charilabl• 4ctlv1150• PromotlTrg Promollng and and tnhanclng ènhan¢lng charllabl• ¢hadtabl• wo work 2024 2023 DSrKt cmts Grant funding of a¢livths {$ee nole n 2.831.850 20.000 Shar• olsupport •nd gov•mncè costs (80• not• •) Support 89,297 8,357 49.619 2.089 2,929,504 71,708 Analy¥h by fund Unreslricted fvnds 2.929.504 71.708 Grants payable Promotkng Pmmollng and and enhanchjg •nhan¢lng aritsbl harttable work work 2024 2023 Grants to inslitution In$lde ￿5￿Ce Aslhall SwnbroDk & NMdf(¥d CIN￿( Cranl8igh Sthool The House of Fary Talos (Body Ta$ MoNWrtnt) Jamyang 8uddhkst Turtle Dove RivgrAction UK The l)ownforce Tntst Brook so,0 16,OCJ 100.OC#) 45.0 25.ormj 5.ofjj 150,OfyJ 2,&￿.0 440.850 20.000 2.831.850 20.(rf)O 18-

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Support ¢￿ts allo￿tea to a¢llvlt 2024 2023 Complianc&. legal •TrJ want admiruslTrlKffl costs Go¥￿an¢8 Costs 89.297 8,357 49.619 2,089 51.708 AnatyB•d b•tw••n: Promtkng and enhancing wo 97.654 51,708 Audltorfs Mnwntrntlo 2024 2023 The Ml ffl0vem￿t in fvnd$ b slaled after Fees ￿yabl9 for the *&lll olthe rJwity8 fin￿la1 stateme 5.1Crf) 10 Tnr4t• from the Chaiity during the year (2023. EN￿). No Tr￿ experwwere I￿rred. 11 Enwlw8• The average morthty of eMFlO￿es year was: 2024 Numb•r 2023 Numbor 12 Other •xp•ndltsw• Unrn•tri¢tod UnrHtriGted fund$ 2023 2024 Flnance Costs 13.498 6.234 -19-

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 13 Gin• and low• on Inve•tmen¢• Unre8trlGtsd Unrg•trktod fund• funds 2024 2D23 GnslOosses> on: Revaluation of inveslmerts sa￿ ol investments Futures 9.645.309 1.732.301 853251 6.316.511 351,734 (2.411.583) 12230.861 4.256.862 14 Taxatlon The Charity Is exempt Irom taxalKJn on its a(aMI￿ be¢wse al Ms appli8d for chitablè p￿pOses. 16 Oth•r g•ln and la•• Unr•strict•d Unr•stsl¢t•d funds fvnd$ 2024 2023 G￿n8/(los5es} wn: Foreiw exthang• (85.876) (2,842) 16 Flxod Inv••lmorrt• Ll$tod InvMtm•nts Co•t orv•lualon At 6 April 2023 Additions Valuation chang•s Legaryes receivable Di4Josal$ 105,038.925 61.323,532 9.645.309 31.447.040 (55,630.7601 At 5 2024 151,824,046 Carrylng •mount Al 05 Awl 2024 151.824.04e Al 05 Awil 2023 105,038.925

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 16 Flx•d atsot Inveslments Icontlnued 2024 2023 InNE$lments al lair valu9 c￿n￿. UK equili88 8nd unil trusts Overseas equilKs Propty funds Fixed In￿ IMJKIS 34.809,388 42.805.495 69,916.267 58.840.050 234.460 3,158.920 47.098.391 151,824.046 101.880,005 As al 5Aprll 2024 the follc￿n9 holdmy ww• to be of Mat￿•1 valuè: M•rk•t v•lu• £4.825.500 £4.425.525 £4.462.425 £4,402,575 £3.958,460 £6.536,725 £6.501,880 £6.333.6 £4.W23,125 £1.628,576 £9,374,998 £4,344.328 £4.535,951 £4.871.740 £8.598.552 £10.999.034 £4.559292 £4.169.848 £3,224.153 £5.310.000 È7.752.243 £3.162,945 £10.107,000 £2.897,2(MJ £5,586.0th) £3,641.631 £3,271,291 £4.208,480 e4,116.971 % of portfollo 3.18% 2.91% 2.94% 2.90% 2.61% 4.310A 4.28% 4.1PA 2.6S(A+ 1.OfA 6.17% 2.86% . 118% Great 8rlah) & Nrmlfrth Ireland 2021-31.01.25 2.25% NTS Lbyds Bkg Grp PLC 2017-16.10.24 3.87S% EIATN Nat Grid Elect Distr Fic 1&17.1024 1.875% Volkswagen Fin Serv NV 201M3.12.24 6.375% EMTN Nalwesl Ma￿ets PLC 20224)8.1127 5.75% EMTN Soc Genèrala SA 2024-22.01.32 3.25% 8ardays PLC 201&17.01.33 . 5.5% EMTN Ele¢lric41e de Frnnce SA202>25.01.35 5.125% Legal & General Group PLC 201&14.11.48 OOA NTS Renault SA Ockni¥e 198&AwK 1984 . AXA SA EUR 229 Bayerishe Motor•n WwkaAG EUR 1 EssilorLuxotlica SA EUR 0.18 Sanofi SA EUR 2 TotalEnergies SE ÉUR 15 r Liqiide SA EUR 5.5 prwrÈ fidelte Cie Gen des Elab. Mthelin SA EUR 0.5 Ballie Gifford Overs Gr Fds ICVC-Anwi¢an . T.Rowe Priee Fd SICAV. US Small¢r Ery4ty Fd AstraZ8noca PLC USD 0.25 AvNa PLC GBP 0.328947368421 Diageo PLC GBP 0.28935 Melrose Industries PLC GBP o.rA11 Shell PLC EUR 0.07 Smiths Group PLC GBP 0.375 DR Rothe Holding Ltd Nestle Ltd. CHF 0.1 S¢hroder Inu Sel Fd SICAV.Asian Tot Ret . The Independent UCITS Platf SICAV- zenn￿ jap￿ FWKI 3.21% 5.86% 7.24% 3.00% 2.75% 2.12% 3.50% 5.11% 2.08% 6.86% 1.90% 3.88% 2.40% 2.15% 2.77% 2.71% The historic Cost of listed investrnents is £112.335.599 (%r23- ￿1.6s12O7). Llquldlty r181t Liqurflity risk to 1he Charity hWe$kn￿ is ￿￿1&p￿ed to be l¢M as tho invoslm8nts are held in ￿sted ¢ompani•$ and 8re traded in markets good 4uidity WKI hwJh trading volumgs. The CLNnmth¢nt to Inlefyenbort by ¢entrd banks and Tha￿et reg￿8t￿rS has ¢))ntIr￿ed to prwde for ordedy tradlng in the markets arNI so the abdity to buy and sell quoted ews stOL 1$ anicipated to cmlinue. The Chwity has no ma￿111 inve8trnent holdwigs in fflark8ts subjeL# to exdwge o)rth4s or Iradiw ￿$trICtiOns. -21-

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEpaENTS {CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 17 1)•btorn 2024 2023 Amounls fallng duo Tlthin on• y•ar. Tax reeoverablè Olher debtor5 Prepayments and 44>Jued 78fj.809 1.973.681 539.974 12,CQ) 507,643 58,436 3.300.464 578.079 11 Cr•diloTr: amounts lallkng du• on• y￿r 2D24 2023 Accru for wants payablè Acc¥u and deférred 2,3.188 18.6&5 1,721.50Z 38.232 2.981.884 1.759.734 19 Credllorn: •nounts f4111ng *ft•r mor• than w• y 2024 2023 Atsjuals for graNs payable &684.986 4.300.537

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2024 20 Fundlng ¢•nmltThnts In the year ended S 2022, the Ch¥ty a knthng commknnent of £7,(￿,000 to thè Independènl Press Regulatron Trust {IPRT). wth payments made twice ye•ty over a pwwjd of 7 years. The ongcing rA>mmilment extenrfry teyrrfhj Ihe 12 monts I￿ th& bal￿￿ shaet date 15 cal￿1ated by the afflortised citst methTrJ uwg a r of 0.65% por •wm. A tharyo of £13.49812023 - £6.234) has been rewnised wthin the SOFA (note 12). Ouring the year to S Awil 2024. ong instaknent of £640.(K#) w8s pth. At the year.end, thè fvndlng eommitmènt duè Wbthi one year is £1.710,$51 {2023 - £1,221.￿2) and shown withln acuu818 for grants payable 74rylhin ono year {Tr)le 18). The c¢mmth￿nI after year am(yJnts to £3.184,986 12023 - £4.300,5371 and is shtrwn wittwn aoyuals for grnnts payable thje greater lh￿ one year lThJto 191. Areserve paynnt of£5￿.0(￿1 was paYa￿e w exeryrt¥￿ ofts deed. and $9tt1ed durfng Ihg year. In Ihe year ￿ded 5ApTd 2￿24. Ihe Charrfy made th& 0)M￿￿$. . £2,0￿.000 to th8 Oc#mforce Tntsl. pahj yearty from S•ptomber 2023 to Marth 2026. One Instslment of £sCI).¢￿) was p•d in the yw. At tho year-end. £1.LTh)O,C((I was payabbe within one year aNJ £500,1x￿ payable due tyealwlhaTh on8 year. . £45.TrJO to the H￿se of Fawy Tales (Bcrtty Talks MoNpmentl. 3 paJThwl$ from Marth 2024 10 Decembèr 2024. On& irlalment of £18.(fA) was pavj yi tr yw. Al th8 yaar4nd, £27.t]00 was payable withwi one year. . £440.850 to pahl 4wrty from M¥th 2￿14 lo SeNemb&r 2024. One h)stalmenl ef £215.213 wa5 paid in the year. Al the yew-wwj. £225.637wa8 pèyth wlthkn one ￿. 21 UN•strl¢t•d fund• The unre8trfcted fvnds Lrf lh& Clwity c<•npw the of d(¥nat¥ms aThJ gTants whkkn are not subje¢t to sFe¢ific ujndrbons by donofs and grantots as lo how they may be used. Those indud8 deswjnaled funds which have been set ￿de of unre￿￿ knd5 by Ihe I￿￿1￿e¥ for spe0f￿ PLYF) Ai 6 Awl kncomlng R•sour￿l Galns and 2023 rn•our¢41 •xp¥￿•d At SAprll 2024 Gener81 fvnds 101.671.225 46.951.732 13.288.gW 12.144.985 157.499,040 PMil0￿ ythr. At 6 Awll Inry￿ Rosoyru• Galn• and At 5 Aprll ZQ13 General fvnds 6.259.830 91.336.317 (178.7421 4.253.820 101.671.225 22 Contlng•nt •M•t Thg RgsidLHry Eslatgs ol both Max Mothy Je￿ wkl ￿ lo ts Charity folowing Ihg •nd ofth• admin1$1ra￿n perf¢yJ of exh. Intwmn thstribut*)ns were made during Ihe ye¥ (seo nolg 21 and subsequent to the yeaf-end (see note 231. Admiruslralion of the estates are sll ongwig and it is not pract￿￿ble lo e￿iMate remanlNJ ￿Ounts to bg rg¢ewl ¢)n fml dthb￿.

THE ALEXANDER MOSLEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Ev•nt ￿th0 v•porting dat• Subsoquent to the year-and. thstrilyjlkm wilh a totaF v of £1.473.081 were Jg•n mo51￿6 estate lo the Charity. The anK)unls of Ihe distsibuticffis were awd ty tr exeortors pri￿ to 5 Apr￿ 2¢Y24. hence these ￿oUnt$ have been Induded as legaGy inciNr yearto SAwil 2024. 24 R•lat•d ￿lty IrnMa¢tlo Therè wtte no discl¢)sablg related party dwing the yw (2023. none}. 25 Ca•h o•Mratod from •)p•ralJons 2024 2023 for thg y 5S,913.691 95,414.237 Adju$tmets I￿.. Inveslmenl In￿Me recognised in statement off￿101 athrybos Gain ¢)n disposal of ￿¥8$￿)ents FairvaJe gairts and losses on In¥eslrnnts Nctrcash log￿je¥ rewvablg 14.6S1.9S2) (822.691) 11,732.301) 351,734) {9,645.309> (6,316.511) (31.447.040> (90.513.626) Movements in c¥hd'. On¢reasel in debtors Incr•asel{decrea$el li c¥edit4YS (2.726,627) 806,599 (69,051) (1.333.991) Cash g•n•r•led fr￿￿<*b10rbOd by) op•raUo 6.317,￿1 {3.993,36n 26 An•ly•h gf ¢h•ngM In n•tfiJnd• Thp Charity had no matsrial debl dLmg Ihe year. -24-