## 

## 

|`Trustees`|`Ms P Bell`|
|---|---|
||`MGL Trust Corporation Limited`|
|`Charity number`|`1188372`|
|`Auditor`|`Royce Peeling Green Limited`|
||`The Copper Room`|
||`Deva City Office Park`|
||`Trinity Way`|
||`Manchester M3 7BG`|






## 

||`Page`|
|---|---|
|`Trustees’ report`||
|`Independent auditor's report`||
|`Statementoffinancial activities`||
|`Balance sheet`||
|`Statement cf cash flows`||
|`Notes to the financial statements`|`10-14`|





# 






## 


## 



# 



# 







|||`Unrestricted`|
|---|---|---|
|||`funds`|
|||`2021`|
||`Notes`|`£`|
|`Incomefrom:`|||
|`Settlor donated funds`|`3`|`6,046,471`|
|`Investment income`|`4`|`219,871`|
|`Total income`||`6,266,342`|
|`Expenditure on:`|||
|`Charitable activities`|`5`|`14,170`|
|`Net gains/(losses) on investments`|`9`|`1,344,184`|
|`Net movementin funds`||`7,596,356`|
|`Fund balances at 5 February 2020`|||
|`Fund balances at 5 April 2021`||`7,596,356`|






## 

|||`2021`||
|---|---|---|---|
||`Notes`|||
|`Fixed assets`||||
|`Investments`|`10`||`7,390,645`|
|`Current assets`||||
|`Debtors`|`12`|`97,895`||
|`Cashat bank and in hand`||`118,916`||
|`Creditors: amounts falling due within one year`|`13`|`210,811`<br>`(5,100)`||
|`Net current assets`|||`205,711`|
|`Total assets less currentliabilities`|||`7,596,356`|
|`Income funds`||||
|`Unrestricted funds`|||`7,596,356`|
||||`7,596,356`|
|`The-inancial statements were approved by the Trustees on 2OQALMNIOIV`||||
|`Ms P Bell`||||
|`Trustee`||||





## 

|||`2021`||
|---|---|---|---|
||`Notes`|||
|`Cashflowsfrom operating activities`<br>`Cash absorbed by operations`|`15`||`(9,060)`|
|`Investing activities`||||
|`Investment income received`||`127,976`<br>||
|`Net cash generated from/(used in) investing activities`|||`427,976`|
|`Net cash used in financing activities`||||
|`Net increase in cash and cash equivalents`|||<br>`118,916`|
|`Cash and cash equivalents at beginning of period`|||`'`|
|`Cash and cash equivalents at end of period`|||<br>`118,916`<br> <br>|















|||`Listed`|
|---|---|---|
|||`investments`|
|||`E`|
||`Cost or valuation`||
||`At 5 February 2020`||
||`Additions`|`6,046,461`|
||`Valuation changes`|`1,344,184`|
||`At5 April 2021`|`7,390,645`|
||`Carrying amount`||
||`At 05 April 2021`|`7,390,645`|
||`At 05 February 2020`||
||`Investments are held in 8 different unit trusts managed by the investments manager.`||
|`11`|`Financial instruments`|`2021`|
|||`£`|
||`Carrying amountoffinancial assets`||
||`instruments measured at fair value through profit or loss`|`7,390,645`|
|`12`|`Debtors`||
|||`2021`|
||`Amountsfalling due within one year:`|`£`|
||`Other debtors`|`91,895`|
|`13`|`Creditors: amountsfalling due within one year`||
|||`2021`|
||`Accruals and deferred income`|`5,100`|
|`44`|`Related party transactions`||






|`15`|`Cash generated from operations`|`2021`|
|---|---|---|
|||`£`|
||`Surplus for the period`|`7,596,356`|
||`Adjustments for:`||
||`Investment income recognised in statement of financial activities`|`(219,871)`|
||`Investments donated in specie`|`(6,046,461)`|
||`Fair value gains and losses on investments`|`(1,344,184)`|
||`Movementsin working capital:`||
||`Increase in creditors`|`5,100`|
||`Cash absorbed by operations`|`(9,060)`|
|`16`|`Analysis of changes in net funds/(debt)`||