COMPANY REGISTRATION NUMBER: 08798779
CHARITY REGISTRATION NUMBER: 1157101
THE MSG FOUNDATION LIMITED
Company Llmltod by Guarantee
UNAUDrrED FINANCIAL STATEMENTS
31 DECEMBER 2024

THE MSG FOUNDATION LIMITED
COMPANY LIMrrED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Pago
Tru$l80s' annud report lincoiporallrKJ th• direclorfs report)
Indeper￿OnI examlnor's r•port lo the Irusle
Statement ol flnanclal activities lindudlng Irtome and •xrxndilure account)
Statemanl ol flnanclal wsitlon
Notes to the linanclal statem8nl$

THE MSG FOUNDATION LIMITED
COMPANY LIMrfED BY GUARANTEE
TRUSTEES. ANNUAL REPORT {INCORPORATING THE DIRECTOR'S REPORT)
YEAR ENDED 31 DECEMBER 2024
The trustees, who are also the dirgctors lor the purpos6s of ¢ompany law, present Ihalr report ard tho unaudited
linartld statements ot Ihg charSty for the year end&d 31 Dgcember 2024.
The Iruslees havè adoplgd the provisions ol the Slal8mèni of Rgcommended Pracllce ISORPI "Accounting and
R8POrts'ng by Charities. IFRS 1021 in preparing the annual raport and financial stat8m8nls ol the chaiity.
The charity conslllule$ a public benefit entity as deflned by FRS 102. The financial stslemont5 have been
prepared Sn accordance wllh tho accounting pJlicl8s sel out in nolgs to Ihg accounts and comply wilh Ihg charity's
governing document. th? Charities Act 2011 and Ac¢ouniing and R8POrtlng by Charifjos.. Siatgmenl of
Recommended Pracllce appli¢ablg to charities preparlng thèir accounts in accordance wllh tho Financial
Reporting Standard appll¢at49 in the UK and Republic ol Ir$land IFRS 1021 pU￿1shed on 16 July 2014 las
amended by Update 8ull•iin I published on 2 February 20161.
R•teronca and •dmlnlJtrallv• d•lall•
R•glJt•r•d charlty n•m•
The MSG Foundatlon Llmliod
Charlty v•gl•lr•llon numb•r
1157101
Comp•ny r•gl•tr•tlon numb•r
08798779
Prfnclpal offl¢o •nd r•gl•lw•d
offlce
12 North Bar
Banbury
England
OX16 OT8
tru•to0•
S Gr•wal
R D Goary
Ind•p•nd•nt examlner
WJ E Kerr FCCA
Structure, gov•m•nc• and man•gem•nt
The organlsallon Is a charflablg ¢ompany Ilmlled by guarante8, In¢orporal•d on 2 December 2013. Company
r•gislralion number 08798779 and rogis19red as a charlly on 19 May 2014 with charity number 1157101.
The company was eslabllshed under a Memorandum ol Assoclatlon. whlch eslabllshed th& objects and powers ol
the charflablo company and is oovemed under Its Artid9s ol Assoclallon. Undor thos• Articles, the Irusle88 may
be appolnl8d ai any lime by ordinary rosolulion,

THE MSG FOUNDATION LIMITED
COMPANY LIMrrED BY GUARANTEE
TRUSTEES. ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) {conllnu•dJ
YEAR ENDED 31 DECEMBER 2024
Oblectlv•s and actlvltles
The MSG Foundatlon Llmll•d is a Regislergd Charity number 11 $7107.
Our main activlties and we try to help arg described below. All OLtr ¢harliat40 activities are undertaken to
further our charitable purpos¢$ tor th• public benefit.
The objectives ol The MSG Foundailon Limited are as follows..
al to relieve povety and hardshlp In tho UK and overseas Includlng poverty and hardship whlch ha8 be8n caused
by reason ol youth, age, 111 ￿alth. injury, disability, unemployment. famlne anthor natural disaster and lo do so
through the provlslon ot finan¢ial and material assistance and through th• provision of guldance and advlce.,
bl lo prevent povety and hardship in the UK and overseas through th• provision ol guldance and athtcè, Ilnan¢ial
and other malerlal assisianco and advlce lo those who aro ty roason ol youth, age, ill health, Injury. dISa￿lIty,
unemployment andlor naiuTal disaster are unable or slruggllng lo ad•quaiely support themselves and Ihelr famlly
members;
cl lo advan¢0 the •ducalion ol children, young p&oplo and adults through the provlslon of Ilnanclal Support,
leamlng rosour¢oS. leachir4J stsff, equlpm&nt and la¢ilili¢s to 8ducallonal establlshments and throuoh tho
provlslon ol a(fvlc• and guidance.,
dl to Support olh•r Chariiable bodles who are regl$lered wlih tho Commlsslon and who are engaged In any of lh•
actfvttles Ils1￿ In lal to Icl above oi any othar charftablo purpose.
Achl•vom•nl• •nd p•rtormanc•
Durlng th• y•ar there werg ￿natIOnS rec8lved of £43,679 and grants pald out tolalllng £54,￿0.
Fln•ncl•l rovI•w
Tho Incomlng resources lor the yoar amount•d lo £44,117 ￿th total re$ervgs carr1￿1 forward of £11,222.
RM¢The• poll¢y
It Is the policy ol the charlty lo mainialn unrestricted funds, whlch ar& th¢ Ir¢0 resgNes ol the charlly. Th1$
provides sufficlent funds to rè$pond 10 emergency appllcations lor grants. whi¢h artso from Ilme lo tlmg and other
grani applications arislng from the normal runnlng ol the chartty. Each grant applicatlon Is ¢onsidergd on Ils merlts
and 1$ w•l¢om•O from all area8.
Small company provl•l¢)ns
Thls report has been pr8par8d In a¢¢ordance wllh the PrO￿810n8 appll¢ablo to ¢ompani9s enllued lo the small
companle$ ex¢mpiion.

THE MSG FOUNDATION LIMITED
COMPANY UMITED BY QUARANTEE
TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORTI ¢¢ortlnu
YEAR ENDED 31 DECEMBER 2024
22/10 /zs
The truste￿. amual report was approv•d *)n.,......................,,.,,. 8lgnod on behall ot lh8 board ol tru61ees by:
RDGeary

THE MSG FOUNDATION LIMITED
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MSG FOUNDATION
LIMITED
YEAR ENDED 31 DECEMBER 2024
I roport to the trusl8es on my examination ol the Ilnan¢ial statements of The MSG Foundation Limlted I'lho
charity'l lor the year ended 31 December 2024.
Rosponslbllllles and ba$ls of roport
As Ihg trustees of th8 company larKI also Its dlrectors lor the purws8s ol company lawl you are res￿nsIble lor
the preparatlon of lh$ flnancial slalements in a¢¢ordance with the requlr6m¢nis ol the Companies A¢1 2006 llhe
2006 Acl'l.
Having satlslled my$o11 thal the accounts of th• ¢ompany are not r8qulred lo b• audiled under Part 16 ot th• 2006
Act and ar¢ gligible for independent oxaminalion, I report In r¢$pecl ol rny examlnalon ol your company's
accounts as carried out under section 145 01 the Charities Act 2011 I'lhe 2011 Act"). In carrylng oul my
gxaminalion I havo lollowod the DlrectlDns gI￿n by thg Charity Cornml$$lon undtrr section 14515llbl ol the 2011
Independant •x•mln•rf• slalement
I have Complet￿ my •xamSnalion. I confirm that no malerlal matters hav• ¢omg lo my attenllon In ¢onn¢clon
wlth th8 examlnatlon which giv8s m8 cau$& lo believe that in any mal&rlal rospecl=
accountlng rocord5 were not kept In r•specl ol the company as r8qulr6d by secdon 386 01 tho 2008 Act., or
Ihe a¢¢ounts &) not accord wllh those records., or
the accounts do noi ¢omply wSlh the accounllng rgquiremgnls ol secllon 396 01 th9 2006 Act olh&r than any
requlrem•ni that the accounts glv& a 'lrue and lair vlew whSch Is not a matter consldered as part ot an
Independgnl examSnalion,' or
thè a¢¢ounls have not been pr@Par￿ in accordance wlth the methods and prlnclplas ol th& Sialomenl ol
Recommtrnded Practlce appllcablo lo charities preparlng Ihelr aceounls In accordance wlth tho Finan¢lal
R•portlng Standard appll¢at40 in the UK and Republ1¢ ol Irdand IFRS 1021.
I have no Concerns and have com& a¢ros5 no other matters In ¢onngcfjon wllh the examlnatlon lo whlch attenlton
8houl
b8 drawn In this reFQrt In ord•1 to •nable a proper under$tanding ol Ihe accounts lo te r•a¢h•d.
WJE
err FCCA
Independent Examlner
EK & Co 2003 Ltd
2 Crossways Buslna$$ C•nlr•
Bi¢951er Road
Kingswood
Aylesbury
HP18 ORA

THE MSG FOUNDATION LIMITED
COMPANY LIMrrED B Y GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 DECEMBER 2024
2024
Unrestricted
funds Total fvnds
2023
Total lund•
In¢om• and endowments
Donations and legacles
Investment In￿M8
43,679
438
43,679
438
28,696
20
Tolal In¢orn•
44,117
44,117
28,716
Expondlturo
Exp8nd[lu￿ on charitsbl8 actfviilès
Totol expgndllur•
154.0001
154,0001
154,0001
154,0001
110,0001
110.01]01
Not (ex￿ndItur¢InnCom8 and net rnovomont In fund•
19,8831
19,8831
18,716
R•conclll•tlon ol lund•
Total lunds brought lomard
Tol41 fvnd• carrlod fotw•rd
21,105
21,105
2,389
11,222
11,222
21,105
The statement ol Ilnanclal actlvltles Includes all galns and losses recognlsèd in the yoar.
All Income and expondlture derive from continuing actlvltlos.
Th• notes on pDg•$ 710 10 fomi p•rt of tho1• flnanclal stot•meb)ts.

THE MSG FOUNDATION LIMITED
COMPANY UMITED BY GUAIIANTEE
STATEMEKf OF FINANCIAL posmoN
31 DECEMBER 2024
2024
2023
Cumni ••••ts
Cash al bank aThJ In har￿1
N￿•
11.222
21.105
N•t •Juvwil •M•t•
11,222
21,105
Tow 4•1•th eurr•nl Il•bllltl
11,222
21.105
Fund• of th• eh*rtiy
Unrgstrt¢l*J fund•
11,222
11,222
21,105
Tolal ch•rlty fund•
12
21,105
For th• yo8r •nthng 31 D•cwnb•r 2024 the charKy YMS onllll•d lo •x•mptlon Irom audll undai s￿n 477 01 Ihg
Companle8 Acl 2006 relalkng Io small comptho8.
Dlr•ctor8' r••pon8*AIIII•8,'
Th• rn•fflbwi havo not r•qUIr￿ Ihg company to obtsln an audll of Its finqn¢lAI *atomonts lor thtr y•ar In
gu￿￿On In ac¢ordance wlth so¢tlon 476:
Thg dlrnclor8 acknowledg• th•lr ro8ponglbllltl￿ lor comptylw wllh th• i•quirwnonl8 ol tho Act SAth r•wo
lo accounllnll rncorfs tho pr•parallon ol I[nand￿ $tat•monts.
Th080 linaficlal slalgmenls hav• b￿Tr w•paf•d In acco￿1n¢6 wlth the wovl8lons applicauo lo compan1•8
Subject lo th• 6mall companles, reOlm*.
Th￿& Ilnandal slal•m•nts wora approved by tho board of truslg98 and Wlhorlsod loi Issue on ...........,.,..,.......,
and are sbpn•d on behall ol th• boar(I by..
2z/(0125
RDG•ary
Trust••
Company r•glstratlgn numbor.. 08798779
Th• nolm on p•9•• 710 10 fomi p•rt olllwm ffnthcl•l sl•l•m•n

THE MSG FOUNDATION LIMITED
COMPANY LIMrrED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
G•noral Intorrn•tlon
Thg charlty is a public beneflt entity and a private company Ilmlled by guaranloe. registered In England and
Walgs and a registered charfty in England and Wales. The addrèss ol th¢ r9gislgred office is 12 North Bar,
Banbury. England, OX16 OTB.
ststomont of compllance
Thg charity conslilul8s a wbl6¢ bgnelil 8nlily as dellned by FRS 102. Thg financial slalements have been
prèpared in accordanc8 wllh Accounfjng and Reporting by Charlties.. Slatem¢nt ol Rgcommended Piaclic8
appli¢able to charifjes preparlng Ih$lr accounts in accordance wllh th¢ Financial Reporting SlaThJard
applicable in the UK and R&publi¢ of Ireland IFFIS 1021 issued on 16 July 2014 la5 updated through Updat8
8ullobn 1 published on 2 F8bruary 20161, the Financlal R8portlng Standard applicable in the UK and
Republic ol IrelaThJ IFRS 1021, lh• Chariligs Act 2011 and the Companlos Act 2006.
Th& charlty has applied Updalo Bullailn 1 as publlshed on 2 February 2016 and (fvjes not Include a cash
flow statement on th8 grounds Ihat il is aFplylng FRS 102 S8clSon 1A.
Accounllng polkl
84•11 ol pr•par•tlon
The flnanclal statements hav• boon prepared on the hl$lorf¢al Cost basis.
The Ilnanclal ststemonls aro prepared in slerflng, %thSch Is th$ lun¢iional eurrency of the entlly.
The slgnllcanl aecounfjng pollcles applled In tha pr8parallon of these flnanclal slalemenls arg sot out
bglow. These pollci&s hav8 been conslslenlly applled lo all y8ar$ presgnled unless othetwlse staled.
Golng conc•m
There are no mal•rlal uncertalnlles atx+ul the Charlty's abllity to confjnua.
Fund •ccountln9
Unrestrlcted funds are avallable for use al th• dls¢roilon ol the tNstees lo lurthor any of Ihg charltys
PUfPO$eS.
DesSgnal8d funds are unr•slricled funds eamiarked by tho Irusiaes lor partlcular lulure prolKI or
commllm¢nt.
Reslrlcted fund$ ar? subjected to ieslrlctlons on their •xpenthlure declared by the donor or through the
terms ol an app•d, and fall Into one ol two sub-¢la$$es= reslricled Income funds or 6ndowm•nl lurKIs.
Incomlng rogour¢
l incomlng resourcès are in¢ludtrd in the slalemenl ol Ilnancll a¢tlwtios when enlldement has pass￿ to
the charity, il is probable that the economic benefits assoclalèd with tho transaction will flow to the char¢ty
and the amount can be r8llably m6asurod. The following specillc pollciès ar¢ applied lo particular calegorles
ol in¢ome'.
voluntary income is received by way of donations and gifts and are recognl$ed In full when they are
rgcgived.
investment in¢om• is rocognised when reCe￿able.

THE MSG FOUNDATION LIMITED
COMPANY LIMrrED B Y GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (contlnu6d)
YEAR ENDED 31 DECEMBER 2024
A¢¢ouniing polkles (coftthwédj
Agsourcvd •xpended
Exp•ndilure is recth3nlsed on an accruals basS8 ￿ a Ilabilily is in(#Jrred. Exp8ndliure ir￿l￿deS any VAT
which cannot be lully recovered. and is classllied under headings ol the slal8menl ol financial acllvilies to
which il reiatss..
expendilura on charitable actiwll8s Includ•s all costs incurred by a ¢harlty in undertaklng acJvliifts that
further ils charllable aSms lor the benefit ol Ils bon*ficlaries, Includlng those support costs and costs
relating to thg governance ol th¢ ¢harity apportloned lo ¢haritable aclivilies.
oihor expendllure Includ•s all exp8ndilure that 1$ noilher relalad to ralslng funds lor the charity nor
part 0111$ oXPgfKliture on charllable a¢llvliie5.
All costs are allocalod to expendltura catsgorlos rellgctlng the use ol th• ros¢Jurce. Direct costs attflbulable
lo a single acllvlty ar¢ allocated dlrectly lo thai activity. Shared costs aro apportioned be￿08n tho aclivi119S
they contr1￿ts ts on a reasonable, lusllliable and consislenl basls.
Flnancl•l In•trum•nts
A Nnandal a$$•l or a linanclal Ilabllity Is r•¢ognSsed only when th• •ntlly becomes a paty to th• conlractual
provlsions of Ihe Instrumgnl.
8aslc Ilnan¢lal assets, whlch In¢lud• bank balances, are Inlllally rocognlsed al Iransactlon prlcg, unless tho
arrangemonl conslllules a financing Iransaclion, whero the Iransacllon Is measured ai the present valu& of
the lutura rocalpts dlscount8d at a markol ra19 of Inlarest.
Such ass•ts are subsequently cairlod ai amortSsed cost uslrvJ the effectSve Interest method.
Al the and ol each feportlro perlod flnanclal assets m•asurod al arnortlsed cost are assossed lor oblecllve
evldan¢¢ of Impalm)enl. 11 an asso1 Is impalred the impairm•nt loss Ss the dSfferon¢¢ btriween the carylng
amount and the pre$oni value ol estlmated ¢ash flows discounted at th• assefs origlnal 8ffe¢liv• Interest
ralo. Th• Impalrmenl loss Is r8¢ognl$•d In prolll or los$.
Llmlt•d by guarant•0
Members ol the charitable company ouaranlo• lo conlrfbule an amount not exceeding £1 to the assgls ol
the charitable company in the event ol windlw up. The lolal number ol $u¢h guarantee as al 31 DKomhr
2024 was 2.
Donatlon• and l•g4cle•
Unreslrlcted Tot•1 Funds
Funds
2024
Unr&slrl¢i8d Tolal Funds
Funds
2023
Donatlon•
Donatlons
43,679
43,679
28,696
28.696

THE MSG FOUNDATION LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (eonllnu•dJ
YEAR ENDED 31 DECEMBER 2024
Invostmonl Income
UnreslrScled Total Fundi
Funds
2024
Unrestricted Tolal Fund$
Funds
2023
8ank Interest receiva￿8
438
438
20
20
Expgndllurn on ¢h•rltable actlvltlm by fund typ•
Unreslrlcled Total Funds
Funds
2024
Unrestricted Totsl Funds
Funds
2023
Grants pald
54,000
54,000
10,000
10,000
Expendllure on eharltabl• a¢tlvltlM by acllvlty typ•
Grant lunding Tol•l lunds
ol acllvlll•$
2024
Total fund
2023
Grants pald
54,000
54.000
10,000
An•ly•l$ ol grant•
2024
2023
Gr•nt# to Initltullon•
Taenage Canc•r Trust
Domlno's Partnèrs Foundallon UK & Ireland
34,000
20,000
10,000
54,000
10,000
Total grants
54,000
10,000
10. Slaff co•t•
The averag8 head count of 8mployees durlng the yoar was Nil12023.' NII}.
No employee reCe5V￿ omploy¢• benellls of more than £60,000 durfng the ygar120rJ: Nlll.
11. Trus1•• rnmun•r•llon and •xpenJo•
No r6munerallon or expanses hav• b•on pald lo the trusl86s durlrrfJ the current and pr8vlous year.

THE MSG FOUNDATION LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (contlnu•d)
YEAR ENDED 31 DECEMBER 2024
12. Analysls ot charllablfr fund•
Unrestrlcted fvnds
At
l January 202
At
31 Decernber
2024
Incomo
Exp8ndlluro
General ILtnds
21,105
44,117
154,0001
11,222
At
l January 202
Al
31 December
2023
Income
EX￿ndItuTe
G9neral funds
2,389
28,716
110,0001
21,105
13. Analy•l* ol net as••t$ b8twoon fund•
Unrestricted Total Fund•
Funds
2024
Current assets
11222
11,222
Unreslrlcled Total Fund•
Funds
2023
Current as$els
21,105
21,105
14. Rolat•d p•rtl••
During the yèar the charlty r8¢ofved donallons 01 £18,733 12023.. £12,920) Irom compan1•$ conlroll8d by
MS Grewal a Irusla8.
Durfng the year lh• ¢harlty recelved donatlons of £15,81012023.' £11,0581 Irom comp8nle8 Controlled by HS
Grewal.
Durlng the year the charlty rgcelvod danallons of £8,684120YJ.' £4,717) from companlfjs controlled by SS
Grewal.
MS Grwal, SS Gr8wal and HS Growal are biolhers.
10