REGISTERED COMPANY NUMBER: 01485530 (England and Wal981 REGISTERED CHA￿Ty NUMBER: 279795 MARGARET MORRIS VEMENT I UMITED A COMPANY UMITED BY GUARANTEE ERNA FINANCI FOR THE YEAR ENDED 30 N VEM8ER **MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023** ||**Page**|| |---|---|---| |**Reference and Administrative Details**|1|| |**Trustees' Repor**|2**to**|**6**| |**Independent Examiner's Repor**|**7**|| |**Statement of Financial Activities**|**8**|| |**Statement of Financial Position**|**9 to**|10| |**Notes to the Financial Statements**|11**to**|20| TKJVE LIMITED RNATI NAL EFERENCE AND AOMINI TRATIVE DEfAI FOR THE YEAR ENDED 30 NOVEMBER 2023 TRUSTEES Mts D J A4ent Mrs G M Goldtwger Mrs J O Harper Mrs B M T Jayet MTS R M Jeaye5 MrsTL Mrs C N Loryd REGISTERED OFFICE 8re¥)k Cott48 Buikjwas Shropshire TF8 7DA REGISTERED COMPANY NUMBER 01485530 IEThJland and Wab&sl REGISTERED CHARITY NUMBER 279795 INDEPENDENT EXAMINeR TCA (Sbrthvs￿JryI LLP Third Floor 21 Sl Mary'8 Streot Shr*•vsbury Shropshire SY1 1ED Page 1 MARGARET MORRIS PAOVEMENT IKfERNATIONAL LIAITED FOR THE YEAR ENDED 30 NOV 2023 The trustees who are also dir￿t01$ of the charity for purposes of the Companies Act 2￿6, present Iheii report with the financial statements of the charity for the year ended 30 Novembef 2023. The trustees have adopted the provisKJns of Acwjnling and Reportirvj by Chafities". Statement of R6wmmended Practice applicable to charf(ies preparing their &ccHJnts in xcordants wrth the Financ481 Repo￿"n9 Standwd appI￿able in the UK and Republ￿ of Ire￿nd IFRS 1021 leffectNe 1 January 2019). OBJECTIVES AND ACTIVITIES Oblectlvo$ and aims The principal activty of thè chwty in the year under vra$ the picfiN)tK)n of dan¢e, phys￿31 training and education for persons of all ages, whether abk ￿ wrth d￿*)11rtlo$. to help them to develop their physical. mental and spiritual cwty yo they rnay Tealise their lull potential as indivKluals and member8 of society and that their condf(ion of life may be Hnproved Ihmugh the system of training evolved by Marga￿t Morris and known as"Margaret m￿18 Movwnenf I-MMM") arrf Therapf I-MMM MTI. In setting the oty'ectNes and planning th8 actNrti8s. the trustees h￿8 given seriou$ consKleralion lo the Charity CoMmM8￿,5 general guthnce cm pubk ber￿fft arml. in ￿rt￿￿Iar, the advarKement of heahh and well-being. P4e2 MARGAREf PAORRIS hV)VEMEpif INTER LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEMBER 2023 OBJECTIVES AND ACTIVITIES Activitios and aehi•v•m•nts Trust￿8. induction The Trn81ees have continued to meet ￿rtuallY. meaniThJ gec¥raphy 1$ 4 b8rrEr to attending meetwigs. The Trustee$ have aTrways been keen to apwjrrt new Trustees from across the MMMI famitrrf. and invrtatson8 lo join the Board are made the magazine. ne￿I8tt￿5, and the AGM itself. At Summèr scho￿ 2023, the Directo￿ hekl an Op￿ f(xwi, 'Diobgu• wrth ￿ Directors.. vthKh rwJled in offers of help for spec[r￿ tasks. (￿ganISatIonal struclurn During 2022-23 the TTU$tees met at r8gukr inleThals via Ten th￿ugh￿rt tha year to ravitrw and dwecl the dministration and development of ￿ charty. The book-keeping servtt ha$ ¢ontinu•d to lfft the pwsure8 of frnncbal administrati(￿ • w•ll a$ the continual revitrw and St[ean￿1nirrfj ol a¢¢ounb'ng prLKedure8 and banking. The Tru8t4*8 ar• émbrKing the fijnctiondty ofOffKe 365. R•vl*w ol actlvltlH and achlev•m•nts Following the xquisition of the business cl the Inlemational A8soclatK)n of MMM Limked In 2015. the charity has bgen responsible for organising and runnirKJ the MMM t￿lSe$ arKI the training and development of its leachers. 2023 wa$ dominated by legacy W￿k, buikling on the joy ol b8t.ng abkn to dance together. and the signthcance of the 1Q)th annNer88ry in 2022. The nbxl oX¢rting pre￿ct in 2023 has been the preservation of the music. dances and exercL8es. Te*hers and dancers al MMMI are increasing 8ware of Ihe18gacy of the dance they are dancing arKI wish lo ensure continuity of the stnjcture of the $ylk7bu8. Thg exercises and choreography ￿ recorded on paper. but the aesthetic and prxtKal performarKe can onty be preserved visually To IhL4 end, the Directors approved the recording of the sylbbus work and dances so they will be available lo teachers in 8 dvjrtal format. The weok after Sunvner Schoc4 2023 all exercNes of ts first three 1gvel8 (Basic lo YellcMI were filmed. As xcompaniffent lo the exercrdes, 8rKI in rn8fM)nv 1¢ t￿h￿s. rwuests, Denise Avenl has bean working on creating a music library ty transferTing the music into a dwjrtal fomiat. The first four 18veb ol MMM exercise music have been recorded by a profesS￿rtaI dance p￿n￿l. rt is tho DireLlorn inl•nlion lo make the th"Ims and music availab￿ to teach8rn aThJ students vi8 a new website (20241. Cour8•• MMMI holds courses a year in the UK; Easter Course at Lilleshall and Summer Sehwl al Ch￿heSter Universty. It o at these courses wharg the teachern and dancers get Icgether for &Jucation, professional d8velcf*menl, trainirYJ and d￿Ce. The 2023 Easter Coutse at Lilloshall prepaTwJ the dancers for the legw as ¥￿1 as CPD. 2023 Summer Sch￿1 at Chichesler Unwefsty irLludeJJ a ne* prerfJranTh, as r￿Uested by the participants in 2022, of art and cfealive W￿k. A new Dance Technique Grade 4 workshop was held ICPDI. Teachor Tralnlng MMMI is in a unv4ue position in that rt 15, for the mrrnt, ffinancialty secure and is able to deliver $ub$idi$ed 18aming and Irainiry for rts texhers. The Direct￿$ rwnL8e the financval drffiCUtt￿ in attending courses and continue to provide S¢￿￿(ships and bursarts tra￿1￿j and atterxlance at Summw School. PwJe 3 MAR AR RRIS MOVEMENT I LIMITEO NATIONAL RUSTEES. REPORT R ENDED 30 NOVEMBER 2023 O&JECTIVES AND ACTivmES Two new teachers qUalffj￿d at the firnt levd and eight teachers undertook fvrthgr training, one of whom ¢c￿Pleted the four leveL8. Having experienced (￿lIne delNery through Lc¢kdThvn. GIll￿n GO￿beIger developed the onlTh leaming, specificalty for the theory. wh￿h wcmjkl enabb mre pr*ical work at Summr S¢hwl. In 2023, the theory classes were covered in online courses for the first tsme. Continuing the to ensure teacher and pa￿1panI safety. Iwo Safeguarding (￿r6e8 were held with 35 attendeès. 8oclal Valu• ol Movoment and Danc• As members of Movenwnt arKJ Dance DNisffi of the Syt and Re£reatK￿ Alliance, MMMI wa$ one of the organtsalions whrh contributed lo ltte Secial Value wcwk of the M&D steered by Tracy Lewy IMMMI represenlalive 81 the M&D Dm3￿nI and publL8hed by the All￿nce m 2023. Image5 from MMMI were used in the preSentat￿n al the launch ol the project al Westminsler, and in an addilKJnal further rem in People Dancing Magazine. The intell8¢tual prcpety spw'alvJls Abd + e(xrtinued with the registratL)n of the outstanding trademarks. FINANCIAL REVIEW Flnancial po•lllon Total Inccrfne decreased from £68.463 pnor year lo £84,278 in the current year. primarity a fo11o¢tion of the lower level of inCc￿e frtyn tho Summer Schod held in August 2023. but also a resutt of fwmer d(/￿t￿n3 during Ihm finarKi81 perkxl. Total expenditure for the year has incr•asod to £134,7T8 cryyed to £128.641 in 2022. VthilBt the majorty of charrty expenditure during the year has increased, this h&her cost leval is 4 r￿e¢ll0n of the costs Incurred in the MUS￿ and Filming prqeet durirwJ Iho year. the of whth h•J bgen ¢)ffs•t slighlty ￿th reduced costs in the Summer 8nd Easter Schod PWT8mmes. The chaity ha8 m•Je a def￿rt of £56,178 ¢c#npared to 8 def￿ of £125.838. Th68a re8uIt8 include 8 gain on investmenls during the year of £14,322 12022.. £65.e60 kjssl, without which, th¢ ac¢ounts would show defi¢rt of £70.5¢XI12022'. £60,178 ¢Jeftitl, • re1*th￿ ol the reducod incomg lgveb and h&her exp8ndilure I￿Urred. InvMtm•nt pollcy ¥nd obJ•dlv•• In accordance wrth the of ASsoc4t￿n, the Trustees have the pcr••er to inve81 monies nol for wnmedk?te uyg os they see frt. The Tn￿tee$ have eng4ed James Manager8 timited a$ invaslmgnl managers and have invested in a Wrap Investm8nt. The investments arè manw by Jame8 Hay Managers Lwnited and on the advice received from ActNe Weahh managen￿nt Re8eN•s pollcy Al the 30th November 2023 the free reserves of charity, cakulated 8s unrestricted r8s8ryes less desgnaled funds and fixed assets. were £49,351 (2￿22". £43,084). The Trust••s are In the prcKess of revv*ing thoir reserves polw bu¢ ￿ wnfrjrtable that the current levels cover the previous yearfs exP￿ditUre. P4e4 MOVEM LIMITED TRUSTEES. REPORT R ENDED 30 NOVEMB FUTURE PLANS Tralnlng and Profe•slonal develwant Directors will be booking at delivefing •JditK)nal S8feguaTdHw training as well 85 inthouse CPO at Summer S¢lwJ)l and cther c￿T88$ WKI wcxkslw v4ents. Successlon Following the $Ltcus of first 'away day. in 2022. the Directors arn pLqnning a simikr Strateg￿ training Sess￿ for October 2024. 80 the dYe¢tor8 Can ¢orKentr8le fvlty on $U¢¢essi￿. future prcw)fing arKI polw. All organisatK>n8 need lo forward. and it is the Administrntor and Directors inlents.on to en8ure that MMMI is in the besl possib￿ health for the nexl generat￿)n. To this er￿. they have been k(Jking fty P80ple who can 'help' and aventualty take over some of the 'inhou8e' rnspcKtsibilrt*s of Summer School and adminislr*'on. Jacqudine Harpor, who has organi8ed Summer Schcol for the past 20 years, o tr8nsrtioning some of the planning lo a small group of teachers. A lead ha8 taken over frcffi Ruth Jeayes who Organ￿e$ the exhibrtion of articl85 and artilacts which brin9 the dances and (xganisath?n to lifv. Christs'ne Long has been firtureproofing and renovakn"NJ th• co8twne5 ar•d Den¢se A￿nt 18 wekoming volunteer8 to help prodw tl* Dance Rrfital at th? conclus￿7 d SurM)8r setr￿1. Gillian Gddberger M currenlty expanding the tgam of teachirvJ staff lor the toacher training progronwno. 8nd will bo reviewin9 the exams, mathing and Ml￿rth pr¢Kes8es. In November 2023 the Direclors Rosie 8enson to thè Managen￿nt team a8 Minute Secretary. ROS￿ btings a wealth of sectLY kn￿¥￿• and expornn¢e. ar)d 18 a Profess￿￿1 who, togèther with Tracy Le￿, sees beyond the Margaret Morris ￿¢￿e￿￿nI organi8at￿n to help the Dire¢tors lo build knowledge, expen0n￿ and ¢onfvJance in th8 ever-evokng darlcé phy8K*I aL*vty 8KiLY. W•b•lt• and dlg1ts1 tr•n•form•¢lon A new wgbsite. with increased admintstralive and m0mbornh￿i fur)ctw)nalty and the abilty to prowdè digital v9r8lo￿ of the MMM music and recordings of dances WKI exorco•s, ro bw'ng p18nn&l for 2024. STRUCTURE. GOVERNANCE AND MANAGEMENT Gov•mlng document The chanty is controlled by its g0￿MIng dwjment. a dead of IN$t. and con81tu￿ a linited company with arnonded article5 of aS8ouat￿ 8dcpknl on 3 Awjust 2015, Iwniled by guarantee. as defined by th• Companies Act 20C6. Page 5 AREf hlORRIS ￿VEMENT INTERNATIONAL LIMITED TRU TE EPORT FOR THE YEAR ENDED 30 NOVEMBE TRUSTEES. RESPONSIBIUTY STATEMENT The trustees (who are also the directors of Margaret Pknris Movement lntemall￿aI Lirnited foi the pu￿0$e8 of company law} are responsible for preparing the Trustees, Rewt and th8 fin8nck81 ststements in accord8ne2 wth applicable Law and Unrted Kingdorn Accountin9 Standards {United Kingd¢)m Generally Accepted kcounting Pract￿) including Financial ReportiTrJ Standard 102 'Th9 Financial R8porting Standard aPPl￿bI￿ in the UK 8fKI ReWbI￿ of Ireland-. Cc*mpany law requires th8 tru$lo8s to prepare financial strt￿ents for exh financhgl year ￿1¢h give a Irue and fair view of the slate ol affairs of the charrtable cwyny aTrJ of the incoming ￿SourceS arKI app1￿*￿*n of resources. inclijding the irKome arKI expendrture. of the charilable company for that perfv>J. In preparing those financHI 8tatements, the trustees are requred to select suitable accounling pOI￿leS and then apply them ¢rntenty,' obsèrve the mathods and principles in the Chanty SORP; make judgements and estimates that are reatsonab￿ and prudent.. prepare the financial 8tslemenls on the going l)asi8 unlgss il is inapproprAt& lo pre8um¢ Ihal Ihg charitable company will continu8 In bu￿ne￿. Thg trustees are rosFtinsibkry for keeping proper accounting receAds which disdose wrth re8$onoblg accurocy at any lime the financk41 POJbt*)n of thg charit&¥le cc4npany and to &Thab￿ them lo ensurg Ihal Ihe financial stslemenls eompty with the c￿Pan￿￿ Act 20(%. They are also responsible for safeguarding the assets of the ehanlable C￿panY and hence for taking rea8¢Thbb $teps preVent￿n and detection of fr8ud and other irreguLqri1￿s. .%..,. ￿ ...l .£kF. and $igned on ils behalf by.. Approved by cKdor of thè board ol trusto81 on ... .. Mrs Harper- Trustee P4e6 INDEPENDEKf EXAMINEFfs REPORT TO THE TRUSTEES OF MARGARET MORRIS MOVEMENT INTERNATIONAL UMITED IDdopgndent •xamlnerfs roport lo the trust￿ of Margarel Morrls Movwnanl Inlomatlonal Llmlted (Yhe Company.) I report lo the ch8rty trustees on my examInat￿n of ts xcounts of the Company for th8 year ended 30 November 2023. Respon81bllltl68 and bas18 of report As the charty'8 trustees of the C￿npanY land also its directors for the purpM)ses of company lawl yc4J are responsible for the preparat￿ of the accounts in &¢￿￿nCe with the wuirwnents of the Companies Act 20(B I'lhe 2(M)6 ACVI. Having SatiSf￿d my8elf that the accounts of the Company are rwuired to be 8LKlrted under Part 16 of the 20C6 Act and are el01b￿ for ind¢per￿ent oxamination. I repyl in resPKt of ry examination of your charity's accounts as carried out under SeCt￿n 145 of the Charit￿ Acl 2011 Ilhe 2011 ACV). In carrying out my examination I have follvApd the Dlr•ctw￿S gI￿n by the Charity Commi8sw)n undèr Soctbjn 145151 Ib} of the 2011 Act. Independent examlnerf8 ststw￿fit I have COMp￿ted my examination. I confirm that no matters have com8 to my attentDn in Connect￿n the examination giving me causo to beli8ve". accounting reccxds were not kept in r88ped of thè Company a5 rwuired by SectK)n 388 of the 20C6 Acl", or thg accounts do nol accord wrth Ihose records.. or the accounts do not Comply wrth thg accounting requirements of SeCt￿n 396 of th8 20C6 A¢1 other Ihan any r¢quiremenl that the accounts gNe a Irue and f&"r Vi4Y4V whth 1$ not a matter Gonsidgred 88 part of an independent eXaminatK￿,. or tt)e Kcounls have not been p￿parts￿ in *cordarKe with the methods and principb&s of the Stalem8nl ol Recommended Pr•¢tte for xcounling ond rep)rting by charit￿8 (appl￿b￿ to Charit￿ preparing their accounts in accordance wrth the Fin8nc$81 Reporting Standard an>1￿•ble in the UK and Republic of Ireland IFRS 10211. I have no concern8 and have come across no other mattgrs in conngctw)n with the examinatKJn to which altent￿n should be drawn in this rw in order lo en￿￿ a prcyer understanding of the accounts to be r￿hed. C L Mc*Wn-Williarn 8Sc FCA TCA IShre•Mbury) LLP Third FIcrf)r 21 St Mary's Stre•t Shrewsbury Shropshiro SY1 1ED Date.. P•Je 7 K)VEhlENT INTERNATIONAL LIMITED STATEMEKf OF FINANCIAL A TMTIE FOR THE YEAR ENDED NOVEMBER 2023 2023 TcAal funds 2022 Total nds un￿trict￿l Restricled funds funds INCOME AND ENDOVIMENTS FROthI Donations and *￿leS 4,450 Other trading actmt Investment incc Other income 56.780 1,215 314 57,094 1.215 59,874 715 1,470 Total 64.278 EXPENDITURE ON Raising funds 82,108 6.184 88.292 80.854 Charllabl• •ctl¥ltl•• General Tot•1 128.594 128 641 Nel gainsl{bs8es) on investments 14,322 65.6601 NET INCOMEIIEXPENDITURE) Transfèr• bétwg¢n funds 151,776) 14,402) 156.178) 1125,8381 15 Net mov•m•nt In lund• 154,951) 11,227} 156.178) 1125,838) RECONCILIATION OF FUNDS Total funds brought forward 823,898 3.594 827,492 953,330 TOTAL FUNDS CARRIED FORWARD 771314 CONMNUING OPEIIATION8 All incomo and expendrture ha8 arisen from continuing ¥tivilM. The notes ftwm part ofthese fina￿lar ststements Page 8 iARGARET IKIRRIS PAOVEMENT IiifERNATIONAL UMITED TATEMENT F FINANCIAL 30 P40VEMBER 2023 2023 Total fvnds 2022 Total funds Unrestricted Re51rtted fvnds fvnd¥ FIXED ASSETS Intangible assets Heritage assets Investments 10 11 12 12.864 ln 702,026 12,664 172 13.894 197 714,862 714,862 780.814 CURRENT ASSETS St¢xks Cash at bank 13 8.412 8,412 7.205 57.39S 2,367 59.762 48,579 CREDITORS Amounts falling due within one year 14 (3.310) (3.310) 11,9011 CURRENT ASSErs 56,452 46 678 TOTAL ASSETS LE88 CURRENT LIABILinES 768,947 2.387 771,314 827,492 NET ASSET8 768.947 771,314 827,492 FUNOS Unrg8lricled fund8 Re8trKted fund8 1S 768,947 823,898 TOTAL FUNDS 771,314 827,492 The charrtable company is entitled to exernpt￿ fmm aud* under SKts'w 477 of the compan￿ Act 20C6 for the yew ended 30 Novembw 2023. The members have not wuired the company lo obtain an audrt of rts financial statements for the year ended 30 Novembgr 2023 in accordance wrth SeCt￿n 476 of the CrynPan￿ Act 21)]6, The trustees acknowledge their responsbilrties lal sunng that the charIlab￿ company keeps xcounting that ¢CffiPty with Sections 386 and 387 of the Compan￿$ Act 20(￿ and bl prepanng financial state￿nIS whith give 8 truè and far of thg slate of affairs of the chantable company as at the end of financv41 year and of its surplus or deficrt fcf each financial year in corda￿8 wth the Tequirerrents of SectK)ns 394 395 and wh￿h otherwise compty with the requirements of the ccxnp8n￿ A£t 20C6 ￿lats'n9 to financial sL*emenl$. $0 far 8$ applicabk to the charilable e￿any. Th8 note5 frxm part of finarKial statements Page 9 continL*d... MARGARET S hlOVEMENT IPITERNATIONAL LIMITED STATEMEKf OF FINANC POSITION - 30 NOVEMBER 2023 These financ￿1 statements have been prepared in wth t￿ provisions appI￿able lo charitable companios suty'eci to the small comp￿￿ regime. The financial nts were approved by the Board of Truste8s arKS authori¥gJ for issue on .. a￿1 were syned on its behatl by." Mrs D H8rper- w$tse The not8s fom psrt ofthw finanoal statem Page 10 klAR ARET IAORRIS AIOVEMENT INTERNATIONAL UMITED NOT THE HNANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023 AccoupinNG POUCIES Basls of praparlng thè finondal 8tatém•nts The financial statements of the charitable company. which is a Publ￿ benefft entity under FRS 102, have been prepare(l in wrth the Chariivas SORP IFRS 1021 'Accounbng and Reporting by Charit￿". Statement of RecLynm8rthd Practice appluble to charitw preparing their accounts in cordaru wrth the Financ￿1 Repth'ng Stsndard appluble in the UK and Republ￿ of Ireland IFRS 102} leffeclive 1 January 2019)., Financid Repothng Standard 102 'Tr Financial Reporting Standard ¥pltsble in the UK and Republi¢ of Irt￿nd. and the Corrpanw Ad 2¢XNS. The financ￿1 slalemgnts have been prepare(l un¢Jer th8 historical cost Convent￿n. with th8 except￿n of inv8Stmerts which included al market value. as ty the revaluation of certain assets. Flnanclal Y•portlng standard 102- r•ducqd dlxlosuro gxemptk)n¥ The chartsble c¢)mpany has tsken thantage of the fdlcwing d¢8ch)8ure ex6w￿8 in prepanng these financial slatemnts. as pemiitsl by FRS 102 'Tr* Fin4n¢Kql R8portlrKJ Standar(18ppliGable in the UK and Republic of Iretand,: the requiremnts ol Secknon 7 Statemènt of Cash F￿. the requiremnt of paragraph 3.17ldl. the requirem8nts of paragraphs 11.42. 11.44. 11.45. 11.47. 1148(aXiw}, 11.48lal{ivl, 11.48lbl and 11.481c}; the requireft*nts ol paragraphs 12.26. 12.27. 12.29(al. 12.29(b} 12.29A; the requirerr*nt of paragraph 33.7. In¢om• All In¢w￿ is recognmed In the Statement d FinancAI Actfvitlos orK8 the charity ha8 entillemgnl lo the furKls, rt is probable that tho Y￿1)me will be reLei¥eAI and tho omwnt wi be measurgd reliably. Exp•nditur• Llabllrt￿s are recognised 88 8¥pgnditure as Soon 88 Ihern is a 18g0l or ¢onstnJctNe obligation c(MnmthirrfJ the charity lo that expendrturo, bt ￿ probablg Ihal a transfer of econom￿ beneffts will be required in seitlwronl and the rnnt of ihe Obl￿OI1C￿ can be mea8ured reli8bty. Expendrture is a¢wunled for on an accruals bask8 and has been dassrf*d urthr headings that aggregate all cost rdoled to the category. Where c)3Sts cannot bè diredty attribLrted lo partKular headings they have been 8lkxatthl to xtNrtio9 1)n a b￿15 C￿lIstent thjth the use cl re8ourca8. Int•nglbh The patents and I￿nCeS hehj ar8 irlcludod in the acccwnts at cost aThl are amorti8ed over their OXP8Cted u88ful economic lrfe of 5 yoarn. H•rftage ￿1?1* The charty's Collect￿Tr of s￿ned by Margaret Morris is repryted in the Statement of Financ￿1 Posrtion al co$L This k* then depre¢￿ed on a straigm line baw8 over their useful e&)nomi lrfe of 10 years, Sto¢k• Slc¢ks a￿ valued at the I￿er al cost and not rnalM8bl• value. after m*ing all¢)w8nce for obsolete and sltrw moving itwns. Taxatlon The chafity is exwnpt from Co￿ratIOn tax on its charilabl8 &*p4iti88. Fund accountlng Unrestricted funds can be used in acc(Kdance with the chwlable c4'ectp￿ at the d￿Cret￿ of the trustees. Restrict￿ funds can onty be used for particuLqr restrict￿ purp¢￿$ within the ob* of the eharrty. Restrickns arise th SP￿r￿d by the doThy or when funds are raisgj for Part￿Ular restnctgd purposes. Page11 Continu￿1... ARET MORRIS PK>VEMENT ￿P￿E UMITED TIONAL NOTES TO THE FINANCIAL STATEMEpifs - co in FOR TH R ENDED 30 NOVEMBER 2023 ACCOUNnNG POLICIES- ¢ontinued Fund accounting FUrt￿r exPlanat￿)n of ts natu￿ and purpose of exh fund is Incl￿ in the notes to the financial Stalen￿nIS. Penslon co•ts and other pos14etlr•ment b•nefits The chaiTt8ble company operntes a defined contributthi pen$h)n scheme. Contributions payabLg 10 the charitabLg company's pens￿ scheme are charged to the Statement of Financial Actwrties in the period lo which they reFate. Invo8tm•nl* Assets held for investment purposes are valued at maiket valug at the balanc& 8he8t dale. Nel gains and I¢)Ss￿ arising on revaluation and dwdF4)sals during year are includad in the $ts1omenl of fin?ncial KINitio8. C••h •t bank and In hand Cash al bank and In hand inelLKles ￿$h and strth-tem hyhty l*]u¥J investments wrth a short maturity of ihree month8 or k8ss from the date of acquitsrt￿n ¢X openiThJ of th8 dewsrt or slnilar account. Flnanclal In¥trum•nts The eharity only has financial a880ts arKI fina￿181 liabilibes of a kind that qualrfy a8 basK finar￿￿t InslrLtmenls. Bast financ￿1 inStrU￿nts are initially rwniwl at transKtvJn value and 8ub8equenl measured at their sdtlemenl valuo. DONATIONS AND LEGACIES 2023 2022 OonatKJns SubKnption8 1,987 2.840 OThER TRADING ACTIVITIES 2023 2022 Easter course in¢ome Summer sehool irKom• Sale of lrteiature Overseas royalties Exam fees, badges & certtste Te¥her Training Workshop incorr 2.763 44.078 472 7.885 2,C61 890 38,612 203 8,249 3,548 1,890 57.094 59,874 Pwje 12 continued... MARGARET MORRIS MOVEMEpif INTERNATIONAL LIPAITED TES TO THE FINANCIAL STATEMENT ntlnu FOR THE YEAR ENDED VEM8ER 2023 INVESTMEpif INCOME 2023 2022 Listed Investments Bank Intoro8t 307 655 60 715 RAISING FUNOS Othor trndlng actlvltlo4 2023 2022 Opening sloc Purchases Closing strtk Easter course costs Summer School costs Workshop costs Mu81c and Filming prwt 7,205 1,083 {8.4121 7,308 49,323 3,847 8,985 373 (7,2051 7,890 56.943 3,522 70 508 Invo•tftwnt m•n•g•m•nt ¢o•ts 2023 2022 Portfolio managomert Aggregate amounts 80,854 NEf INCOMEIIEXPENDITUREI Net incomdlexpenditurnl 1$ 81oted after ¢haTgintyl¢ThlilirvJ}.' 2023 2022 Patents and li¢¢n¢o8 omortwb.on TRUSTEES. REMUNERATION AND BENEFITS 2023 2022 Trustees. salaries Trustees, pens#)n Contrib￿lon5 to purchase sth 19.968 412 17,760 18.1C6 The above remunerat*)n was paid during the year to J D Harper. Trustee. The payments were made for her lo￿ as the charty's adminislrntor. the payment of whth is pe￿ill￿j in accwdance with the Artrles cl AssccBti￿ {adopted by spec￿1 resolut￿1 on 6th May 2021}. Page13 conts'nued... MORRIS PAOVEMENT IpifERNATIONAL UMITED NOTES TO ThE FINANCIA TATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2023 TRUSTEES. REMUNERATION AND BENEFITS- ¢onlinu•d Trustffis. •xp•ns•s Trustees expenses of £1.102 ￿￿nbUrsed fly th? yew ended 30 November 2023.12022. £1.824) STAFF COSTS The average rrthlhw number cl erywes during th6 year was as ft>lluws.' 2023 2022 AdminislratK)n empty8e8 receNed emolumw7ts in ex￿$ of £60.OCKI. COMPARAnvES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restr￿ted nd8 fund8 fundB INCOME AND ENDOWMEiif8 FROM Donat￿￿ arKI *ad08 S,449 6,404 Olher t￿Ing XtMli88 Investment incorm Other in¢ome 59,874 715 59,874 715 Total 955 EXPENOITURE ON Raising fun 79.139 1,715 80,854 Ch•rlt•bl• •¢tlvhle¥ General T¢)tal 126 926 Net gainslllossesl on inveslmonts NEf INCOMEIIEXPENLXTURE 1125,0781 17601 (125.8381 RECONCIUATION OF FUNDS Total funds brought fwa 948,976 953,330 TOTAL FUNDS CARRIED FORWARD 823 898 827 492 Page 14 continued... MARGAR￿ IAORRIS IK>VEMENT INTERNATIONAL LIMITED S TO THE FINANCIAL STATEMEpifs- contln FOR THE YEAR ENDED 30 N VEMBER 2023 10. INTANGIBLE FIXED ASSETS Pater and licen¢es COST Al 1 De¢￿bar 2022 Additions 22,064 3.978 At 30 November 2￿23 AMORTISATION Al l December 2022 Charge for year 8.170 At 30 Novembw 2023 NET 800K VALUE AI 30 November 2023 AI 30 Novomber 2022 11. HERITAGE ASSETS Total MARKET VALUE Al l Docembor 2022 and 30 November 2023 250 PROVISIONS Al 1 Oecember 2022 Chwge for year 25 At 30 November 2023 78 NET BOOK VALUE At 30 NoveThl)or 2023 172 At 30 Ncwerrt)er 2022 197 P￿e 15 ntinued... MARGARET RRI MOVEMENT INTERNATIONAL UIAITED NOTES TO THE FINANCIA TEMENTS- FOR THE YEAR ENDED 30 NOVEMBER 12. FIXEO ASSET INVESTMEKrs Cash and SettIen￿nts P8nding LL8t¢d inv851ments Totals MARKET VALUE At 1 Dec8mb8r 2022 Addrtions Disposals Revaluations 726,886 39,837 40.013 179,344} 766,723 40,013 1119,032) 14 322 139.688} 14.322 At 30 November 2023 701.520 702,026 NET BOOK VALUE At 30 November 2023 701 $20 702.026 At 30 November 2022 766 723 There were no invest￿nI assets outsKle the UK. Cost or Valu*￿ al 30 Noveffthr 2023 18 represented by.. Cash and settlements pendin9 Listed Total$ Valuation in 2023 701520 702 026 13. STOCKS 2023 2022 Stocks 7,205 14. CREDITORS: AMouKfs FAWNG DUE WIThIN ONE YEAR 2023 2022 Trade cred(iors Social secunty and othw tsxe8 Pension fund Accfued expense8 1,337 678 (911 73 678 1175} P4e 16 ccffltinu&J... MARGARET MORRIS MOVEMEKr IKrERNATIONAL LIMITED TES TO ThE FINANCIAL STATEMENTS - wrtin R THE YEAR ENDED 30 NOVEMBER 2023 15. MOVEMENT IN FUNDS Nel Transfers Al 30.11 23 1.12.22 in furth Unre•trfct•d fund8 General ftjnd Tho Jin Hastie Mrnial FurKI 819.374 (51,9861 210 13,175) 764,213 4.734 823.898 {51.7T8) 13,1751 768,947 Reltrfctsd luftd8 MMM Scholarship Fund Magenta Fund Wesl Midlands Fund Movgmenl Therapy Southwest Fund 2.609 <5,7841 3,175 318 318 314 314 TOTAL FUNDS 827 492 771 314 Net m0very￿nI n furbds, inckV￿a in the above aro aB fo11Th￿.. Ineoming Resource5 Gains and ￿1￿9ment resources expended 1088es in funds Unrn•trfct•d fund• Gen¢fal fvnd The Jim Hastie Meffwial Fund 62.286 210 (128.5941 14.322 151,9861 210 62.496 {128.594) 14,322 151,7761 R•¥lrlct•d lund• MMM Scholarship Fund Movement Th¢r•py Sc4Jthwesl Fund {6,1841 15,7841 314 314 TOTAL FUNDS 134 7781 P4e 17 C(￿tinUed... RGARET lJlORRIS MOVE11ENT INTERNATIONAL LIMITED NOTES T E FINANCIAL FOR THE YEAR ENDED MEN NOVEMBER 23 15. MOVEMENT IN FUNDS- contlnu•d Comparntlva for movement In funds Net Al 30.11.22 1.12.21 li funds UnreBtrlded lund• General fund The Jim Hastie MeffK¥ial Fund 944.607 4,369 {125,2331 155 819.374 948,976 {12S,0781 823,898 R•8trfctsd fundi MMM Scholarship Furvj Magenta Fund Wesl Midl￿d3 F￿d 955 2.609 318 3,594 TOTAL FUNDS 953.330 C¢Jmparativ8 net nh)vwnent in fvnds, include(l in the above we as follows: Irt