REGISTERED CHARITY NUMBER: 11943111 Re rt of the Trustees and It d Fln8nel*l Staiements for the Ar ember 2023 Mose Ma50e FouDd8tion 360 Aecountants Limited 18-19 Albion Street Hull East YoTkshir¢ HUI 3TG
Mose Masoe Foundtio ConteTr¢s ol¢he Financial Statennts for the l'ear EDded 31 December 2023 Page Report of the Trustees Statetnent of Fln&n¢lal Activities B&l8nce Sheet Notes to the Fin•Dcial Statements D¢tAiled Stxtf meiit of Flnantlal Actlvltles
Mose Masoe FouThdation rt •( the Trustees lor the I'e•r Ended 31 December 2023 The iru5tees pre8ent their report with ihe finaTJcial siatemenis of the chaTity for the year ended 31 December 2023. The trustees have adopted the proN'i5ion5 of Accounting and Reponing by ChaTiti¢s.' Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Rekx)ning Standard applkcable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES ObS¥¢tlve$ and aims The Foundation's ubjtcts are to relieve financial hatdship ann8St cwr¢nt and former rugby football players anywhere in the world. pro¥iding or assisting the provision of equiprneni. faLiliiies and services not nornully provided by the slalulory authorilies. Mose Masve Foundation furthers its objecls through Wdnts piovidinu or paying for it¢ms, services or facilities. Mose Masoe Foundation raises a31tneSS of spinal injuries arising frorn ru¥by. ACHIEVEMENTS AND PERFORMANCE ChArltAble Activities During ihe peTiod the charity did nol undertake any fundraising activities. The ¢hariry made final grdni paym¢nls to benefiLiarie$ and have decided to close th¢ ¢lwity going fotward. li is wilh regret however. the irusiees have deemed Ihi.% to be ihe besi route forward due io declining interest and all fiuKIs hAve been spent in line with the ¢harily'S objectives. Th¢ charity had no lihbilities ai the dale of closure. FINANCIAL REVIEW Re5eri'Ls poIIcy The ¢harily doe5not hold reserves currently due to limited ovethead exp¢ndilur¢. STRUCTURE. COVERNAIYCE AND MANAGEMENT Go%'ernlng document The ¢harity is ¢ontrolled by lis 8overnin8 documeni, a deed of tnst and ¢On$litu an unincorForated charity. REFERENCE AND ADMlIYISTIL4TIVE DETAILS Registered Charity number 194301 Prlnelpal address 19 Albion Sireel Hull East Yorkshire HUI 3TG Trustec5 Mr M Smith Mr A Steele Ms S Holmes Mr P Baxter Mr A Smith Mr M Rush Mr K F¢]bY Mr S Gillis Mr W Haurdki Ms S Thonwson Mr A Motsre Mr R Soper Mr P Stow Mr S Kenny Pag¢ I
Mwe M#50e Foundatio Re rt of¢he Trustees for the Yvar Ended JI December 2023 Approved by order of the knard of trustees on ... - and signed on its behalf by.. Mr M Smith- Trustee Page 2
.Mose AVla$oe Foundatio t tement r Flnallclal Activities for the l'ear Ended 31 De¢ernber 2023 31112123 Unrestrlcted fund 31112122 Total fid$ Notes I.YC0IE Af4D E.YDOWMENTS FROM Donatiuns and le¥aLleS 1,8(10 6,109 EXPENDITLRE ON Raigirtg rtds 171,888 Charltable acti%ities Grdnts paid Other 2.022 2,461 Total 9.482 174,349 NET INCOMEI(EXPEYI DITURE) (7,6821 (168,240) RECONCILIATION OF FUNDS Total fund.% broughi fonvard 7,682 175.922 TOTAL FUNDS CARIUED FORWARD 7,682 The notes forni part of tbese finarKial statements Page 3
Mose Masoe FoulldatioD Balance Sheet 31 Decejthr 2023 31112123 Unrestricted fund 31112122 Total nds Notes CURRENT ASSETS Ca%h at bank and in hand 7,682 CREDITORS Amounts fallin8 duc within one year NET cuRRE'T ASSETS 7,682 TOTAL ASSETS LESS CURRENT LIABILITIES 7.682 r4ET ASSETS 7,682 FUNDS UiJrLsiTlCted funds 7.682 TOTAL FUNDS 7,682 The fi al siai¢m¢nls were approved by ihe Board of Tnle¢S authorised for issue . and were signed on its behaifby.. on MT M Smith- Trustee The notes forni part of these financial Statements Page 4
.M05e imasoe Foundation Notes to the Finan¢i41 StalemeDts for the I, ar EDded 31 Deetmbtr 2023 ACCOUNTING POLICIES Basis of prepArlttg the finDell statetnents Th¢ financial staiem¢nis of the chariry, wljich is a public benefit entity under FRS 102. have been prepared in accordance Hiih the Charities SOIiP (FRS 102) 'Accounting and Reporting by Clwities.. Statement of R¢commended Prw¢ti¢¢ applicable to Charities preparing their accounts in accordance with the Financial Rcporting Standard applicable in ihe UK and Republic of Ireland IFRS 1021 (effective l January 20191,. Financial Reporting Standard 102 'The Financial Reporting Standard applicabl¢ in th¢ UK and Republi¢ of Ireland, and the Charities Aci 2011. The financial stalenKnts have been prepared under the hisiorical cost convention. Income All inLume is recognised in the Siaiernenl of Financial Activilies onLe the Lhariiy has entiilemen¢ to th¢ fuThds, it is probable that the in¢oJne will be ceIved and the amounl call be measured ielidbly. Expendilure Lidbililies are recognised as expenditure as soon as there is 8 le1 or constru¢live obli¥ation eommiiiing ihe ¢h8rity to that expenditure. it is probable ihat a transfer of economic benefits will be required in seitlein¢nt and the amount of the obligation can be measured reliably. Expenditure is accounled for on an accruals basis and lias been classified under headings ihai &88regaie all cosi relaied to ihe caiegory. Where costs cannol be directly allributed to particular headin8S they have been allocated io activities on a basis consistent with the use of resources. GTants offer¢d subjecl to ¢ondilions which v¢ noi b¢¢n ai the year end date are noied 85 a commitment but noi accrued as expendiiure. Taxatlon Tlie charity is exempt from its clwithble aciiviiies. Fund Aeeovntlng Unrosiricied funds ¢4n be $¢d irt 8¢¢ordanc¢ with the ehariiable objeciives ai ihe discretion ofthe trus¢ee5. Restricted funds can only be used for particular resiricied pury)oses wrythin ihe obj¢¢ts of the charity. Restrictions arise when specified by the donor or when fund$ are raised for particular restricied pu4)oses. Further explanation of the nalure WKI PUTPOS¢ of each fund is Iluded in the notes to the financial stalemenls. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remunerntion or other benefits for the year ended 31 December 2023 Aor for ihe year ended 31 DeMber 2022. Trusteej, cxpen5e$ There w¢r¢ no trustees, expenses paid for the year ended 31 December 2023 Th)r for the year ¢nd¢d 31 December 2022. Page 5 continued...
Mose Masot Foundatio Notes to the Financial St*tements- continued for the Year EDded 31 DecetDber 2023 COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 6,109 EXPENDITURE ON Raising funds 171,888 Other 2,461 Tot41 174,349 r4ET If4COMEI{EXPENDITURE} (168,240) RECONCII.IA'I'ION OF FUNDS 'rolal funds broughi forward 175,922 TOTAL FUNDS CARRIED FORWARD 7,682 CREDITORS: AlOuNTs FALLING DUE WITHIN Oi%E YEAR 31112123 31112122 Trade creditors Other creditors MOVEMEIYT IN Fuf4DS Ne¢ moveinent in funds At 31112123 Ai 111123 Unre5trlc¢ed funds Gcncral fund 7,682 {7.682) TOTAL FUNDS 7,682 {7,6821 Net movement in funds, included in the aEKTrV¢ are as follow5: Incoming resources Resources expended Movanciit in llds Unre5tri£ted funds General fiu]d 1.81HI (9.482) (7,682) TOTAL FUNDS 1.800 (9.482) {7.682) Page 6 ¢ontinucd.
lose MOe Foundation Notes to the Financial Statements- continued for the Year Ended 31 December 2023 MOVEMETr4T Ir4 FUNDS- CODtiDued CompArailves f(*r movement In funds Net movement in funds At 31112122 Ai Iiir22 Unrestricted funds General fund 175,922 1168,240) 7,682 TOTAL FUNDS 175.922 1168.2401 7.682 Comparative nel movemeni ID fi$. included in the alK)ve are as follows.. Irthming r¢sources Resource5 expended Movemeni in funds Unrestricted fund5 General fund 6.109 (174.349) (168.240) TOTAL FUNDS 6,109 (174.349) 1168,2401 A current year 12 months and prior y¢8r 12 nk)nths combined position is as follows: Nei movemenl in funds Ai 31112123 Ai 111122 Unrestrlcted funds General fund 175,922 (175,922) TOTAL FUNDS 175.922 (175,922) A cuent year 12 nK)nihs and prior year 12 nwnths ¢ombined net movement in fijnds. included in the above are as follows= Incoming resources Resources expellded Moveineni in funds Unrestricted funds General fimd (183.831) (175.922) TOTAL FUNDS 7.909 (183.831) (175,9221 Page 7 continued...
Mose.M#5•e Fovnd#tioD Notes to the FinaThcial Staiements- tontinued for the Year Ended 31 December 2023 RELATED PARTY DISCLOSURES The trusttts covered exndituTe relating to some clMTitsble activities to eDable the FouDdation to retaill as fi]nds as possible. This h&5 been reflectsd gifts ID kd within th¢ accounts. Pagc 8
e Foundado Detailed Ststetneni of Financial Actii'ities for Ihe Year ETrded 31 December 2023 i1112123 3 1112122 INCOME AND ENDOWMENTS Dongti0115 legacies Dunalion Donated seTvi¢es and facilities 4,109 2,(X)O 1,800 1,800 6.109 Total incomlng resour¢es 1.800 6.109 EXPENDITURE Other trading activities Cliariiable expendiluTe 171,888 Charltable actlvltles Granis lo individuals 7.46 Support C05ti MAnag¢mont Sundries 395 Finance Bank charges 222 Governauc¢ c05¢¥ A¢c(Trunlancy and le8al fees 1.800 2,000 Total resourees expended 9,482 174.349 Net exptndlture 17,682) 1168,240) Thi"s page does nor forn) part of the Matutory financial statements Page 9