COMPANY REGISTRATION NUMBER: 08798779
CHAIIITY REGISTRATION NUMBER: 1157101
THE MSG FOUNDATION LIMITED
Company Llmlled by Guarantee
UNAuorrEO FINANCIAL STATEMENTS
31 DECEMBER 2020
'A4E4CI(Q*
3010W2021
COMPANIES HOUSE
A17
#223

THE MSG FOUNDAMON LIIAITED
COIIPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
Pag•
Trustees. annual rewt lincop)rating the directorfs rewtl
Staternenl ol financi￿ activities {including irKome arKI eyk*nditwe account)
Stalement ol financi￿ Fxjsition
Notes to financial slalemenls

THE MSG FOUNDATION LIIITED
COMPANY LIMITEO BY GUARAKfEE
TRusfEES' ANNUAL REPORT {INCORPORATING THE DIRECTOR'S REPORT)
YEAR ENDED 31 DECEMBER 2020
The trustees, who are ￿$0 ihe direthrs for the wffposes ol C￿panY law. presenl their report the
unaudiied financial statements ol the charity fry the year ended 31 Deeonts 2020.
The trustees have adopted the provisions ol the Stsiernent ol Recommended Pract￿ ISORPI
'Accounling and Reporting by charit￿s" (FRS 1021 ￿ preparir#J the annual report and financial
staternents ol the charity.
The Charity constitutes a Publ￿ tenefft entty as defined by FRS 102. The financial statements have
been prepared in accordance with the a¢￿U￿1￿j polic￿$ oul in notes lo the accounts and compty
with the charl￿S goveming docufflent. the Clwities Act 2011 aTrJ Accounting and Reporting by
Charities.. Statement ol Recommended Pra￿e appltable to charities weparing their accounts in
accordance with the Financil ReFQrting Standard ap￿iCable in the UK and Republic ol Ireland IFRS
1021 published on 16 July 2014 las ameThJed by Upxlate Bulletin 1 putAished on 2 Fèbruary 20161.
Relerence and admlnlstratl¥e detalls
Reglstered charlty name
The MSG Foundat*)n knmited"
Charity reglsiratlon number
1157101
Company registratlon number 08798779
Princlpal office and regi$lered 12 North Bar
office
Banbury
EnglaThY
OX16 OTB
The trustees
MSGrew
RDGeary
Accountants
EK & Co 2003 Ltd
Chartefed Certrfied Accountants
2 Crossways Business Centre
Bicesier Road
Kirbgswood
A￿eS￿L￿
Bucks
HP18 ORA

THE MSG FOUNDATION LIMITED
COMPANY LIMITED B Y GUARANTEE
TRUSTEES. ANNUAL REPORT IINCORPORATING THE DIRECTOR'S REPORT) (contlnuod)
YEAR ENDED 31 DECEMBER 2020
Structure. governance and management
The organisation a charitth company limited by guarants8. inco￿orated on 2 Decembèr 2013.
Company registraiton numt*r 08798779 arKI registered as a charity on 19 May 2014 with charty
number 1157101.
The Company was established under a Memorandum ol Association, whtch established the objects
and powers ol the charitable company is govemad under rts ArtiC￿S of Associalion. Under those
Anicl8s. the truslees may be apkx)inted at any lime by orthnary resolution.
Objectlve$ and 8¢tivhle$
The MSG Fwndalion is a Registered Charity number 1157101.
Our main aclivilies and who we try lo help are de$￿ibed bplow. All our ¢harrtable aclivilies are
undertaken to hjrther our chariiale pur[￿e5 for the put4ic benelil.
The oty'ectives of The MSG FouThlatson are as follows:
al to relieve povety and hardship in the UK and overseas irtI￿ling pwety hardship which has
been caused by reason ol youlh. age. ill health. injury. disabilty, unernpbymeni. famine andlor natural
disaster and to do so IhrcyJgh the wovision ol financi￿ and material assistaw and through the
provisron ol guidaru and a(fvice."
bl to prevent kK)verty and hardship in the UK overseas through the provision ol guKJance and
advice. financial and other Materi￿ assistance and affv￿e to those vtho are by reason ol youth. age, ill
heath, injury, disability, unemployment andlor nab￿￿ disaster *e unable or stnffjgling to adequately
support themselves and iheir family members"
I to advar￿9 Ihe education of chikjren. young people and adults tlyough the wovision ol I￿nCial
support. lewning resources. teaching staff. equipment and lacililies io ed￿ational establishments and
through the provision ol adv￿ and gUKlance'.
dl to support other charilable bodies who are registered wth the COMM￿s1on ar¥J w￿) are engaged in
any ol the activit￿$ listed in lal lo Icl aiK)ve or any other tharilable purpose.
Achlevemenl$ and perfomian
During the year there were no dona￿n$ or grants paKI out.
Finonclal review
The net incomirKJ resources lor the year amounled lo £nil with to1￿ reswves ￿rried fO￿ard of
£3.390.
Reserves pollcy
It is the policy ol the charity to marntain unrestr￿led funds, whth ale the free reserves ol the charty.
This provides suthcienl funds lo reskx)nd to efflergwKy apPI￿atiOnS lor grants, which arise from lime
lo lirne and olh8r grant aWicatk)ns arisirg from the nomial running ol ts charity. Each grant
appI￿allOn is ¢ons*lered on its merits a￿1 is welcomed Irom JI areas.

THE MSG FOUNDAnON LIMITED
COMPANY LIMITED BY GUARANTEE
TRUSTEES. ANNUAL REPORT {INCORPORAnNG THE DIAECTOR'S REPORTI f¢ontthu8d)
YEAR ENDED 31 DECEMBER 2020
Srnall company provl$ions
This report has been wepared in accordance with the Frfovisions applicable lo companies entitled to
the small tompanies exemption.
The trustees, annual report was approvfjd on .....-.....
trustees by:
RDGeary
Trustee

ThE MSG FOUNDATION LIMITED
COMPANY LIPAITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 DECEMBER 2020
2019
Uniestricted
lunds TOL4 funds Total fund¥
Incomo and endawmenls
DonalK)ns arKI legacies
Total income
48.414
48.414
Expenditure
EX￿nditUre on tharitable actr4ilies
Total exp8ndllure
(i)
{1}
{71,2701
{71.2701
Nel expenditure and net movement in lunds
{1}
{22.8561
Re¢on¢ilialion ol lunds
Total lunds br￿9￿¢ fonvard
Total funds carrled forward
3.391
3,391
26.247
3.390
3.390
3.391
The slalement of finan(#al actiwties irxlLxles all gains and losses rttognised in the year.
All incorne and expendilure derive from continuiThJ activilies.
The nrfes M poge$ 6 to 10 11Thi part of thwe flnaKlal Sl•lern￿.

THE MSG FOUNDATION LIIAITEO
COMPANY LIMITED BY GUARANTEE
STATEMEKf OF FINANCIAL POSITION
31 DECEMBER 2020
2020
2019
14ote
Current assets
Cash al bank and in hand
3.390
3.391
Net current assets
3.390
3.391
Total •$set$ less current 1Sabilltleg
3.390
3.391
Funds tsf the charity
Unrestr￿ted funds
3.390
3.391
Total charity funds
3.390
3,391
For the year ending 31 December 2020 the Charity was entitled to exemption Irom avdil under Section
477 01 the Cornpanies A¢1 2006 relatin9 to small companies.
Diredors, responsiknlilies:
The members have nol required the Company lo olAain an audil of its financial slalemenls lor the
year in question in accordance wilh seclion 476.,
The directors acknowledge their responsitrilities lor comptying with the rèquirements ol the Act
with respect to accounting records and the preparation of finan¢ial slalements.
These financial statements have been prepared in aCCordar￿e with the provisions ap￿￿ab1tr ro
companies subj￿1 lo the Sm￿] companies. Tegime.
Thes
nancial slalemenls were approved by the board of trustees a￿1 aUth¢￿sed for issue on
1021.. and are signed on behajl ol the board by.-
RDGeary
Trustee
Company registration number.. 08798779
The notes on pages 6 to 10 lomi wl of these Ilnanelal statements.

THE MSG FOUNDATION LIMITED
COMPANY LIMtrED BY GUARAMfEE
IIOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
Gener81 Informatlon
The charity is a pubkc tenefrt ertty a￿1 a wivate company limited by guarantee. regisle￿d in
England and Wales and a registered charty in EnglarKI and Wales. The address ol the
registered Ott￿e is 12 North Bar. aanbury. Eng￿nd. OX16 OTB.
ststement ol compliance
The charity constitLrtes a putAt benefit entity as defined by FRS 102. The financial slalements
have been prepwed in accordance wilh Accouniing arKI Reporting by Chwities: Statement ol
Recommended Practice 4)F4icable to charities prepanng th￿r accounts in accordance with the
Financial Reporting StarKJard awicable in the UK and Republic of Ireland IFRS 1021 issued on
16 July 2014 las updated through Update Bulletin 1 putlished on 2 February 20161. Ihe Financial
Reporting Standard applicable in the UK and RepLth ol Ireland IFRS 1021. the Charities Act
2011 and the Cornpanies Act 2006.
The Charily has ap￿led Update Bullelin 1 as wblis￿ on 2 February 2016 and does noi inclLKle
cash flow statement M the gr(yJThJs that it is apptying FRS 102 Section 1A.
A¢¢ountlng policies
Basis ol prep•r•tion
The fina￿la1 Statements have been prepared on the historul cosl basis.
The linwKial statements are Fwepared in sterting. wh￿h is the functional currency ol the enlity.
The svJnrftsnt accounting FO1￿leS aFP￿ed in the preparatx)n of these financial siatements are
sel out below. These policies have been consistenlty aFplied to all years p￿S￿nIed unless
Olherwise staled.
Going concem
There are no maierial u￿rt￿ntieS abtsjt the charivs abl￿ty to continue.
Fund accounllng
Unrestricted funds are available lor use ai dIScret￿ft ol ihe In￿lee5 lo further any of the
charity's purwjses.
Designaled luThJs are unrestrrled lunds earmarked by the trustees lor part￿ular fLrture project or
commttmenl.
Restricted lunds are subiected Io ￿￿lic￿n$ on Iheir expenditure dedared by the donor
Ihrough the terms ol an appeal. aThJ t￿1 into of t¥￿ sthdasses: ￿stricted income funds or
endowment funds.

THE MSG FOUNDATION LIM￿ED
COMPANY UIIITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMEp￿s (com￿{￿)
YEAR ENDED 31 DECEMBER 2020
Accounllng pollcles (con
Incomlng resources
All incoming re￿UrceS are induded in the statement ol h'nancial &bvities when entit￿ment has
passed lo the Charity, it ts PrOba￿e that ihe econofflK ￿nefitS associated with Ihe transaction
will flow to the Charity and the amount be reu.ably measured. The following specif￿ poltcies
are ap￿led to particuLar categories ol income:
vduntary income is re¢erved by way ol *S)nations gifts and are recwised in full when
Ihgy are Teceived.
investrnent 1￿me is recognised when reeeNabbe.
Ftesources expended
Expenditure is recognised on an ac(xuals basis as a lith.lity is irturred. EXpe￿Il￿￿e includes any
VAT which cannot be lulty recovered. aTrJ is classtfie(l uTrlgr headros ol the slalemgnl of
financial adivities lo which it refales=
expendrture on eha¥rtable aetwities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit ol ils beneficiaries. including those
support costs and costs relatiThJ lo the govemance ol the charity apportioned lo charitable
aclivrties.
other expen£tilure inclLkkn all expwtiiwe lh* is neither related lo raising lunds lor the
charity part ol ffs expendiiure on charilabje activilies.
All costs are aJk¢at&J to expenditure categories relled￿g the use ol the resource. Direct costs
attribulabie to a single aciNity are dlocated directly to Ihat actNity. Shar&J costs are apwrtioned
tse￿een the activities they contribute to on a reasonable. justifiable and consistent basis.
Financial instruments
A fi￿ar￿la1 asset 01 a 1wwnci￿ Irats"lity is recognised onty when the charty b8comes a party to the
tothra￿la1 wovisKJns of the inslrument..
Basic finar￿lar assets. which includp trade and other receivables and cash bank baLances,
are initsally Tecconised al transaction price. unless the arrangement constitutes a financing
Iransaclion, whwe the Iransaetion is rneasured at wesenl value ol the future receipts
discounted al a market iale ol inleresi.
Such assets are subsequenty earried at amortised ￿st using the effective inleresl method.
At the end ol each reFQrting Fer￿￿j financial asseis measured at amortised cost are assessed lor
objecb.ve evidence ol impairment. 11 an asset is impaifed Ihe impaim7enl Ioss is Ihe difference
tetween the cwrwng amount and the wesenl value of estimated cash Ilows (jscounied at the
assefs orvJinal elle￿r￿e interest late. The irnparnienl loss is recognised in prolil or loss.

THE MSG FOUNDATION LIMITED
COAIPANY LIMITED B Y GUARAiifEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
Accounting policies (C￿tim￿d)
Basic financial Ikqt¥lities. indude traje and other payables. are initially recognised at
transaction pnce, unless the arrangement constitutes a financing transaction. W￿re the debt
instrument is measured at Ihe present value ol Ihe future receipts discounted al a market rate of
interest.
Dèbt instrLTherrts are subswnty carr￿d at amortIs￿ eosi. ￿Ing the effective interest rate
method.
Trade payable5 are oblKJations to pay lor goo(ts or services that have been acquired in the
ordinary course ot txsiness Irom sU￿lerS. Accounts payable ale ¢lassili&J as current liats'lities if
paymgnt is due within one year ol les5. 11 mt. then they are presented as non-curierf liabilities.
Tra(le payables are iecognrsed initialty at t{ansaC￿Tr and sthequently measuied at
amortised cost usiThJ the effectNe interest fflethod.
Financial liabilities are dgrecognised when the liability is extryuished. that is when the
contractual ¢)biwJalK)n is discharged. car)celW or gxpires.
Limlted by guarantee
Members ol ihe charitable company guarantee to eontribuie an amouni ￿7t exceeding £1 to ih8
assets ol the chartlable company in the event ol wiTh*tNJ up. The lolal nurnber ol such guarantee
as at 31 Oecember 2020 was 1.
Donations and legacies
Unrestricted T4Mal Funds Unrestricted Total Funds
Funds
2020
Funds
2019
D¢natlons
Oonalions
48.414
48.414
Expendlture on charitable a¢llvllies by fvnd typg
Unrestricted Total Funds Unresiricled Tolal Funds
2020
Funds
2019
Grants paid
SupKtJrt costs
71.265
71.265
71.270
71270
Expendlture on ¢h•ritabJe •ctlvllies by xtlvity type
Sw)F(Jrt Total lunds Total lund
costs
2020
2019
Grants patd
GovemarrR costs
71.265
71.270

THE MSG FOUNDATION LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMEpifs
YEAR ENDED 31 DECEIABER 2020
Analysis ol support Costs
Total 2￿20 Total 2019
Bank charges
Analys1$ of grants
2020
2019
Grants to In$titutlons
T8enage cancer Irusl
Give us time
Duke ol Edint*Jrgh award
Breast cancer care and breast cancer nchv
30.785
20,000
20.000
71,265
Total giants
71,265
10. Tru￿ee remuneration and expenses
No Temuneration or expenses have been paKI to Ihe trustees during the current and previous
year.
11. Analysls ol charllable lunds
Unrestrlcied funds
At
31 December
2020
Al
1 January 2020
Income Expenthture
General lunds
3.391
3,390
At
31 December
2019
At
1 January 2019
Income Expenditure
General funds
26.247
48.414
(71.2701
3.391

THE IASG FOUNDATION LIMITED
COMPANY LIIAITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
12. Related parties
During Ihe year the charity received donaiions ol £nil12019.. £46.1931 from companies controlled
by MS Grewal a irustee.
During the year the charty received donaiions ol £nil (2019.. È53n from ts)mpanies controlled by
HS Giewal.
During the year the charity recerled donalions ol £nil (2019.. £659) trorn o)mpani8s controlsed by
SS Grewal.
MS Grewal, SS Grewal and HS Grewd are brothers.
10