REGISTERED COMPANY NUMBER: 01485530 (England and Wales) REGISTERED CHARITY NUMBER.. 279795 VEMENT IN LIMITED A COMPANY UMITED BY G Tl ARANTE TR RTA IT D FINANCIAL TATEM R TH 30 NOVEMBER 2024
PAARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED NT NTS OF ThE FINANCIAL STATEME FOR THE YEAR NDED 30 NOVEMBER 2024 Rd•ren¢fj and Admlnlstrntive D•tsils Trustees. R•port 2 to 6 Ind•p•nd•nt Examln•rfs Report Statom•nt of Fln*ncial Actlvlll•• Stat8mont of Flnanclal Posltlo 9 10 10 Nots8 to tho Flnanclal Statwnonts 11 10 20
MARGARET MORRIS MOVEMENT INTERNA TIONAL LIMITED REFERENCE AND ADMINISTRATIVE DETAIL FOR THE YEAR ENDED 30 NOVEMBER 2024 TRUSTEES Mrs D J Avent Mrs G M Goldberger Mrs J D Harper Mrs 8 M T Jayet Mrs R M Jeayes Mrs T Levy Mrs C N Long Mrs R F Benson lappoinled 16.7.241 REGISTERED OFFICE BTCK)k Cottage Buildwas Shropshire TF8 70A REGISTERED COMPANY NUMBER 01485S30 (England and Wal8sI REGISTERED CHARir( NUMBER 279795 INDEPENDENT EXAMINER TCA Ishrewsbijryl LLP Third Floor 21 Sr Mary's Stieei Shrewsbury Shropshire SY1 1ED Page 1
MARGARET MORRIS MOVEMENT INTERNA TIONAL LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024 The tru51ees who are also diTector5 of the charrty for the purposes of the Companies Act 2006. present their report with the financial statements ol the charity for the year ended 30 November 2024 The trustees have adopted the provisions of Accounting and Reporting by Charities. Slalemenl of Recommended Practice applicable to charities preparing their accotjnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. OBJECTIVES ANO ACTIVITIES Objectives and aims The principal activity ol the charty In Ihe year under feview was the promotN)n of dance, physical training and edu¢alion lor persons of all a9es. whether abk or wrth disabilities. to help them lo develop their physical mental and Spifltual capacity so they may realise iheir full potential as Individuals and members ol society and that their condition ol life may be improved through the system of training evolved by Margaret Morris and known as'margarel Morr15 Movement" I'MMM") and" Movement Therapy" I'MMM Mr'i Charitable objects The objects ol the charty are. To relieve mentally or physically handicapped or Infirm persons by movement therapy according lo the systems evolved by Margaret Morris and known as "Ma¥gafet Morris Movement" To conduct research Into the relief ol such pefsons by "Margaret Morr15 Movement" and lo publish the useful results ol such research In setting the objectives and planning the aclivrties. the tfustee$ have given serious consideration lo the Charity Commission's general guidance on public benefit and, in particular. the advancement ol health and well-being Page 2
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024 OBJECTIVES AND ACTIVITIES Activities and achievements Trustees. induction The Direetors, who are also the Tfuslees of the charty. have continued lo meet virtualty. meaning geography is not a barrier lo attending meetings. The Directors have always been keen to appoint new Directors from across the MMMI family. and invrtations to join the Board are made the magazine. newsletters. and the AGM Itself At the 2024 AGM. MMMI was delighled io wekome a new Difectof. ROS Benson. who kindly a9reed to lake on the role of minute sec13¥y. The annual Dialogue with the Directors was well allended by rnbers and allowed them to learn about and discuss Ihe work being untlertaken by the Directors Organisational structure The Diretlor5 continued lo meel regularly via Teams throughout Ihe year lo review and direct the charity's administration and developmeni This means that Directors frcKn Germany and SwitzerL4nd can join. and commillees can work across lime zones The bookkeeping service has continued to relieve the pressures of fFnancI administration and the continu81 review and streamlining ol accounting prccedures and banking The Directors are awa of Ihe new procedures lor the EcotN)mic Crime and Corporate Transparency Act through Company House updates and Sport Govemanee Academy training. Review of activltles and achlevements Following the acquisrtion of ihe Internalnal A$SlatIon ol MMM Limited's business in 2015, the ch8rity has been responsible for organising and running the MMM courses and training and developing Ils teachers Succession and 8oard Development Vvith succession planning on the agenda. the Directors speni the year evaluating what was done and by whom. It was agreed that the Board needed qualty time to discuss matters and plan for the future. so there was a Board Away Day. a Ihree-day in -person meeting for board training and strategic planning that anchored the Ihoughls. dream5, and aspirations of the Difectors and organisation The agenda included the following.. 'Saleguarding Training for Directors, delivered by Ann Craft Trust Fr¢)m this ses510n a safeguarding risk regisler and action plan was produced 'Setting Future Direction and creating a framework lor change, session facilitated by Davky William5 from Creative Help From this session. 8 draft strategic plan was produced. Digital translorniation and the website Continuing the legacy work from 2023, the Directors have continued to work on recording the syllabus and ances so they will be available to teachers in a digrtal fomiat. Alongside this. a digital music library 15 alm051 complete. and the material completed so far wll be available lo teachers via the new website. which will go live In early 2025. Courses: MMMI holds 2 courses a year In the UK. Easter Coufse15 days) al Lilleshall and Summer Schcx)111 weekl at Chichester University. Teachers and danceFS meet al these courses for education, professional development, training, and dance. Page 3
MARGARET PIORRIS MOVEMENT INTERNATIONAL LIMITED TRUSTEE ' REPORT FOR THE YEAR ENDED 30 NOVEMBER 20 OWECTIVES AND ACTIVITIES Ever mindful that finances are difficult. the Diredors have continued to provide funding for bursaries lo artend Summer School. 13 Bursaries were awarded lor attendance ai Summer School 2024 A new Summer SchcKsl Administrator was appointed in September 2024 Teacher Tralning: MMMI Is In a unique posibon in thal It Is financialty secure and able lo deliver subsidised learning and training for Ils teachers The Oirectors recognise the financial difficulties of attending eOLtrses and conlinLJe lo provide scholarships and bursafies for training and attendance al Summer School Gillian Goldberger has worked lirele$51y lo make sludenl leaming more accessib. Su111n9 In.. Teacher Training . 13 trainee teachers in the prchjramme 2024 3 new teachers trained al the Basic level, and one more to complete in eady 2025 4 teachefs continue¢J tfatning al higher velS and one more lo complete In early 2025 1 teacher completed training al 41tr) Ihighestl level. and three more to complete by the end of 2024 7 Scholarships awarded for teacher training Scholarship Seheme reviewed and updated for 2025 Represenlalives from Canada. Fran¢e. and the UK cafried out an examination marking review. The Directors want lo give special thanks to Jan Houselande¥ and the leam ol teachers who contributed lo the discussion and developrnent of new lods The aim Is lo Implement a revised system In 202516. Safeguardlng Following Ihe safeguardin9 review. Implementation and application remain high on the agenda. wrth In-house and external training lor the teachers and Directors. Training materi81 for teachers is also available In French. Trademarks Intellectual property specialists Abel * Imray have completed the registration fcsr Canada. and trademarks are now registered In all counlr*s where MMM opefales (UK European Union Switzerland, Canada. Japan) FINANCIAL REVIEW Financial position Total income increased from £64.278 In the prr year lo £71.540 In the current year. pTrmarily a reflection ol higher lovel ol Income from ihe Summer &h¢)ol held in Augus12024. bul also a resurt ol highei volurne5 01 DVD and book sales during this financial pefiod Total expenditu for the year has Increased lo £155.833 compafe(I 10 £134.778 in 2023. Whilst the maiorily of charity expenditure during the year ha5 Increased this higher cosl level is a reflection ol the Costs Incurred in website development dufing ihe year. Ihe Impact ol whh has l)een offset slightly with reduced cos15 In the Music and Filming proiecls. The charty has made a deficrt of £10.832 compared lo last years defKrt of £56.178. These resuns include a gain on investments during rhe year of £73 4S1 12023" £14 322 gain). withotrt which. the accounts would show a deli¢st of £84.293 12023. £70.500 delrtI. a reflection of the reduced Income levels and higher expenditure incurred. Invgstment policy and objectlves In accordanee with the Articles of Association. the Directors have the power lo Invest rnonies not for Immediate use as they see fil The Dsrectors have Invested In a Wrap Investment Portfolio provided by James Hay Managers Limited on advice received from Wren Sterling (formerly ActNe Wealth Management) Page 4
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEM8ER 2024 FINANCIAL REVIEW Reserves policy At the 30th November 2024 the free reserves of ihe charty, cakulated as unrestncted reserves less designated funds and fixed assets. were £75.14012023" £49.3511. The Trustees are In the Pfocess of revia¥ing their erVeS polw bul are Cfortable that the current levels cover the previous year's empendrture FUTURE PLANS Govemance. Training and Professional Development Good governance will be a cornerstone of successioft planning. and 8 successful bid lo the Sports Governance Academy by Tracy Levy will deliver tailored training for Strategic and sUcSsion planning. Succession The 8oard will work towards idenlfying 9aps in P)ard skilL8 and looking for potent1 new Boaid members. Al the conclusion ol the 2024 Summer School. Jacqueline Harper handed over the course adminislralion lo Gemma Wills Ann Flower look over the Summer School Exhibitn and. wilh a new curation. brought a different dynamic lo Ihe material The Directors are elernalty grateful lo Jacqueline Harper for organising the Summer School for over Iwenly years, and lo Ruth Jeayes for euralin9 the exhibition. which ha$ been her Iilelime work Chfisline Long continues to fulvreprc4)f and renovate the costumes. and Denise Avent has a new team to help produce the Dance Recrtal at Summer Sehty)I Successful succession plannin9 relies on a 9ocMJ base and sècure grounding so Ihat the values of MMM can be passed on. Special thanks lo Betty Jayet for her continued support and per$pe¢live from the Inlern81ional community W8b$ite and digital transfom)atlon Due lo the diligence and hard work of Rosie Benson and the small working group. including valuable input from the Membership Secretary. Gail BorTOWS. the new websile will be launched In 2025. It will have the 8bilrty lo provide digital versions ol the MMM music and recordings ol dances and exercises Increased administrative and membership functionalty will ease the adminislralive bufden of membership renewals The MMM Magazine will continue lo be printed and dtslribuled. Teachgr training and updates Work will commence on updating Movernenl Therapy. ar70 the Board will conlinue to review its paperwork and Board policies on safeguarding and leachei adrninistralion. Safeguarding training will be continued as an integral part of teacher training and with regular Ltpdales Teacher Iraining course matorTral will be reviewed and urytsled as an ongoing process. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity Is controlled by ils governng dcKumenl. a deed of trust. and conslrtules a limited company with amended articles of associalion adopled on 12 Apnl 2021. limited by guarantee. as defined by the Companies Act 20C6. Page 5
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024 TRUSTEES. RESPONSIBILITY STATEMENT The trustees (who are 81$0 Ihe directors of Margaret Morris Movement InleTnalional Limited for the purposes of company lawl afe respoftsible for preparing the Trustees. Report and the financial statements In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practe) Including Financial Reporting Slandaid 102 "The Financial Reporting Standard applicable in the UK and RepLtblt of Ireland" Company law requires the trustee5 to prepare fin8n¢ial statements for each financial year which give a true and lair view of the slate of affairs of the charilable company ar of the Incoming resources and application ol resources. including the Income and expenditure. of the chaiiiable company for that perDd In preparing those Iinanci815talemenls, the trustèes are required to select suitable aecounling policies and then apply Ihem consislentty. observe the methods and principles In the Charity SORP. rnake iudgemenls an(J estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless Il is Inappropriate lo presume that the charitable company will continue In bsJsine5S. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial positDn of the charitable company and lo enable them lo ensure that the financ181 slalemenls comply with the Companies Act 20C6 They are also responsible lor safeguarding the as5els of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities Approved by order of the board of trustees on . fjiii LQ and signed on ils behalll by.. MrsJD per- ruste Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED Indèpendent examinerfs report lo the trustees of Margaret Morris Movement International Limited I'the Company'l report lo the charity Iruslees on my examination of the accounts of the Company for the year ended 30 November 2024. Responsibilities and basis of report As the charity's tnjstees ol the Company land also rts directors for the purposes of company law) you are responsible for the preparation of the accounts In accordance with the requirements of the Companies Act 20061'lhe 2006 Acl'l Having satisfied myself that the accounts ol the Corryany are not required to be audited under Part 16 of the 2006 Acl and are eligibk for Independent examination. l ieport in respect of my examination of your charrty's accounts as carred out under SeCtn 745 of the Charrt$ Act 2011 1.the 2011 Acl'l In carrying out my examination I have followed the Directtons gwen by the Charily Commission under SectKJn 145151 Ibl of the 2011 Act Indfrpendent examiner's statement I have completed my examination I confimi that no matters have CO lo my attentn in connection with the examination giving mg cause lo beIVe. accounting records were not kept in respect of the Company as required by Sectn 386 of the 2006 Act.. or the accounts do nol accord wrth those records., or the accounts do not comply with the accounting requirements of Section 396 01 the 2006 Act other than any requirement that the accounls gNe a true and fair view whth is not a matter considered as part ol an Independent examination, or the accounts have not been prepared In accordance with the melhcrfls and principles ol the Slalemenl of Recommended Practice for accoLFnling and reporting by charities (applicable lo charItS preparing their accounts In accordance wrth the Financial Reporting Standard applKable In the UK and Republic ol Ifeland IFRS 10211. I have no concerns and have come across no other matters in connection wilh the examination lo which allenlion should be drawn in this report in order to enable a proper understanding ol the accounts to be reached. C L mlwYn-WI1llaMs Bsc FCA TCA Ishrewsburyj LLP Third Floor 21 St Mary's Street Shrewsbury Shropshire SY1 1ED Dale. Page 7
MARGARET MORRIS MOVEMENT INTERNATIONAL UMITED STATEMENT OF FINANCIAL ACTIVITIE FOR THE YEAR ENDED 30 NOVEMBER 2024 2024 Total funds 2023 Total funds Unrestricted funds Reslncted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 4.015 467 4.482 4.450 Charitable actlvltles General 49.868 49.868 45,094 Other trading activities Investment Income Other income 13959 1.860 1.371 13.959 1860 1,371 12 000 1.215 1,519 Total 71073 467 71,540 64,278 EXPENDITURE ON Raising funds 14.317 14.317 27.814 Charltable aetivities General 137.311 4205 141.516 106.964 Total 151.628 4205 155,833 134778 Nel gains on Investments 73.461 73,461 14.322 NET INCOMEIIEXPENDITURE) Transfers between lunds 17.0941 3.7281 13.7381 3.728 110.8321 156.1781 16 Net movement In funds (10.8221 1101 110,8321 156.1781 RECONCILIATION OF FUNDS Total funds brought fOard 768.947 2.367 771.314 827.492 TOTAL FUNDS CARRIED FORWARO 758.125 2,3S7 760.482 771.314 CONTINUING OPERATIONS All Inc¢>me and expendrture has arisen from continuin9 activities. The notes fomi part of these financial slalemenls Page 8
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED STATEMENT OF FINANCIAL POSITION 30 NOVEMBER 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Intangible assets Henlage assets Investments 11 12 13 10.143 147 10.143 147 12,664 172 702,026 10.290 10 290 714.882 CURRENT ASSETS Stocks Cash al bank 14 6866 745,362 8.412 51.350 743.005 2.357 749.871 2.357 752.228 59.762 CREDITORS Amounts falling due within one year 15 12.0361 12,0361 13.3101 NET CURRENT ASSETS 747.835 2,357 750.192 $6.452 TOTAL ASSETS LESS CURRENT LIABILITIES 758.125 2.357 760,482 771,314 NET ASSETS 758 125 2.357 760,482 771,314 FUNDS Unresliicled funds Reslricled funds 16 7S8. 125 2.357 768.947 2.367 TOTAL FUNDS 760,482 771.3fj4 The charrtable company is entitled ro exemption from audrt under Sedion 477 01 the Compan5 Act 2006 lor the year ended 30 November 2024. The members have not required the company lo obtain an audit of Ils financial statemen15 for the year ended 30 November 2024 In accofdance with Section 476 of the Cornpanie5 Act 2006. The trustees acknowledge their responsibilrtes for lal ensuring that the charrtable company keeps accounling records that comply with Sections 386 and 387 of the Companies Act 20C6 and Pfeparing financial slalements which give a true and fair view ol the stale of aff81rs ol the ch8rrtable company as al the end ol each financial year and of Ils stjrplus or deficit lor each financial year In accordance with the fequiremenl5 of Sect)n$ 394 and 395 and which otherwise comply with the requirements of the Companies A¢t 2006 lalIThg lo financial ststements. so far a5 applicable lo Ihe charttable company. Ibl The note5 fomi part of these financial slalemenls Page9 ontinued
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED STATEMENT OF FINANCIAL PO ITION - continued 30 NOVEMBER 2024 These financial statements have been prepared in accordance wrth the provisions applicable to charitable companies subject to the small companie5 regime. The financial slat eDts were approved by the Board of Tnjslees and authorised for Issue on and were signed on ils behalf by". Mrs Harper- Tru tee The notes lorm part of these financial statentS Page 10
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial stalenients ol the chaiitable company. whh Is a publ benefit enlily undef FRS 102. have been prepared in aordanCe with the Charits SORP IFRS 1021 'Accounting and Reporting by Charilies. Slalemenl of Recommended Practice applicab to charities preparing their accounts In accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191.. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and RepblIC ol Ireland, and the Companie5 kl 20C6. The financial statements have been prepared under the htslorical cost convention. with the except ol investments which are Included al markel value. as modtrfied by the revalualion ol certain assets. Financial r8porting standard 102 - reduced disclosure oxemptioTrs The charitable company has taken advantage of the following disclosure exemptions in Preparing these financial statements, as permrtieo by FRS 102 'The Financi81 Reporting Standard applicable In the UK and Republic ol Ireland." the requirennIS of Section 7 Statement of Cash Fl¢is. Irse requirement of paragraph 3. 17ldl". the requirernents of paragraphs 11.42. 11.44, 1145. 11.47. 11.481a}liiil. 11481alliv). 11.48lbl and 1148lcl. the requirernenls ol paragraphs 12.26. 12 27. 12.291ai. 12 291bl and 12.29A. the requirement of paragraph 33.7. Income All Income Is recognised In Ihe Sialement of Financ1 ActIvrtS once the charrty has enlrtlemenl lo the funds, Il Is probable that the Income will be received and the amount can be measured reliably. Expendltur• Liabilities are recognised as expenditure a$ soon as there is a legal or constructive obligation commitling the charity to Ihal expendrture. il is probable thal a Iransler of economic benefits will be required in settlement and the amount ol the obligation ean be measured reliably ExpenditUTe Is aecounled lor on an accruals basis and has been classified under headings that aggregate all cost related to the calegory Where Costs cannot be direclly attributed lo partUlar headings they have been allocated lo activrties on a basis consistent wrth the use ol resources. Intangible assets The patents and Iicenees held are included In the accounts at cost and are amortised over their expected useful economic lrfe of 5 years Herltage assets The charrty's collection of books signed by Margaret Morris is reported in the Slalemenl of Financia Position al cost. This Is then depreciated on a straight line basis over their useful economic life of 10 years, Taxation The charity Is exempl from COOratiOn tax on ils charilable activrties. Fund accounting Unrestricted funds can be used accordance wrth Ihe chantable objectives 81 the discretion of the Irusiees. Restricted funds can only be used for particular restncted purposes wrthin rhe objects of the charity. Restrilon$ arise when spthIe by the donor or when funds are raised lor particular restricted purposes. Further explanation of the nature and purpose of each fund is Included In the notes lo the financial slalemenls. Page11 continued..
MAR ARET MORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 30 NOVEM8ER 2024 ACCOUNTING POLICIES - continued Pension costs and other post-retirw71ent l)enefts The charitable ctynpany operates a defined contribution pensson scheme Contributions payable to the charitable company's pension scheme are charged lo the Statement of Financial Activities in the period lo which they relate Investments Assets held for Investment purposes are valued at market valve al the b81ance sheet dale Nel gains and losses ansing on revaluation and disposals during the year are Included In the statement of financial activits. Cash at bank and In hand Cash al bank and in hand Irtcludes cash and short-lerm highly liquid investments with a short maturty ol three months or less from the date of acquisrtLon or c)pening of the deposit or similar account. FinancSal Instruments The charity only has Iinancial assets and financ1 Iiabilrties of a kind that qualsfy as basic financial Instruments 8a5ic financial instruments are inilialty recognised at transact value and subsequenlty rneasured at their settlement value. DONA TIONS AND LEGACIES 2024 2023 Donations Subseriplion$ 1.617 2.865 1.967 2.483 4,482 4,450 OTHER TRADING ACTIVITIES 2024 2023 Sale ol lrteralure Overseas royatties Exam lees. badges & certrficates 203 8.249 3548 8.211 4300 13,959 12.000 INVESTMENT INCOME 2024 2023 Listed Investments Bank Interest 530 1.330 307 908 1.860 1.215 Page 12 eonlinued
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 30 NOVEMBER 2024 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activty Genefal Genefal General General Easter course income Summer school income Workshop income Teacher Training 1.725 45.873 4,098 38.612 494 1.890 2.270 49.868 45.094 RAISING FUNDS Oth$r trading activilies 2024 2023 Opening stock Purchases Closing sl(tk Music and Filming prqe 8.412 7,20S 1.083 18.4121 18,594 16.8S61 4.277 6.509 18,470 Investment management costs 2024 2023 Portlolio mana9emenl 7.808 9,344 Aggregate amounts 14.317 27,814 NET INCOMEIIEXPENDITUREI Nel Incomellexpendrture) is staled after chaigingllerediting).. 2024 2023 Palenls and Iicences amortis'on 5.880 5,208 TRUSTEES. REMUNERATION AND BENEFITS 2024 2023 Trustees. salanes Trustees. penS)n conlribulions lo money purchase schemes 20.592 431 19 968 412 21.023 20.380 The 8bove remuneration was paid during the year lo J D Harper. Trustee. The payments werè made for her role as the chafrty's adminslrator. Ihe paymenl of whh is permed in accordance wrth the Articles ol Association ladopled by speckil res0110n on 6th May 20211. Page 13 continued...
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS- ontinued FOR THE YEAR ENDED 30 NOVEMBER 2024 TRUSTEES. REMUNERATION AND BENEFITS- continued Trustees. expenses Trustees expense5 01 £1.771 were reimbursed for the year ended 30 November 2024 12023 £1,102). STAFF COSTS The average nnIhty number of employees during the year was as follows". 2024 2023 At1minislralion No employees received emolurnenls sn excess of £60.0 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled ReStrted funds funds Tolal funds INCOME AND ENDOWMENTS FROM DonatKJns and legacies 2982 1.468 4450 Charltabl• activities General 45.094 45.094 Other irading aclivrties Investment Income Olhef income 11.686 1.215 1.519 314 12,000 1.215 1,519 Total 62.496 64,278 EXPENDITURE ON Raising funds 27,814 27.814 Charitable actlvitles General 100.780 6,184 1CE964 Total 128.594 6,184 134,778 Nel gains on Investments 14.322 14 322 NET INCOMEIIEXPENDITUREI Transfers between funds 151.7761 14.4021 3.175 156,1781 Net movomgnt In funds 154.9511 11,2271 IS6. 1781 RECONCILIA TION OF FUNDS Total funds brought fOard 823.898 3.594 827,492 TOTAL FUNDS CARRIED FORWARD 768.947 2.367 771 314 Page 14 continued
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024 11. INTANGIBLE FIXED ASSETS Pèlents and licences COST At l December 2023 Additions 26.042 3.359 AI 30 November 2024 29.401 AMORTISATION Al 1 December 2023 Charge for year 13.378 5.880 AI 30 November 2024 19.258 NET BOOK VALUE AI 30 November 2024 10.143 AI 30 November 2023 12,664 12. HERITAGE ASSETS Total MARKET VALUE Al 1 Oecember 2023 and 30 November 2024 250 PROVISIONS At 1 December 2023 Charge for year 78 25 AI 30 November 2024 103 NET BOOK VALUE AI 30 November 2024 147 AI 30 November 2023 172 Page 15 continued
RGARET MORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024 13. FIXED ASSET INVESTMENTS Cash and settlements pen(fing Listed Investments Totals MARKET VALUE Al 1 December 2023 Additions Disposals Revaluations 701.520 506 702.026 775.509 775.509 (776.0151 11.550.996) 73 461 1774.9811 73.461 AI 30 November 2024 NET BOOK VALUE AI 30 November 2024 AI 30 November 2023 701 520 702,026 There were no investment asse15 Qutside the UK. 14. STOCKS 2024 2023 Si¢xks 6.866 8.412 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade credrtors Social security and other taxes Pension fund Accrued expenses 1.337 678 678 1911 1.449 1386 2,036 3.310 Page 16 continued.._
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 NOVEM8ER 2024 16. MOVEMENT IN FUNDS Net movement in lunds Transfers between funds Al 1.12.23 Al 301124 Unre5trieted funds General lund The Jim Haslie Memorial Fund Funds hekl lor investment 764213 4.734 17.2551 161 {671.5281 85,430 4.895 667.800 667.800 768.947 17.0941 (3.7281 758, 125 Restricted funds MMM Scholarship Fund Magenta Fund Wesl Midlands Fund Movement Therapy Southwest Fund {3.7281 3.728 667 318 314 667 318 314 1.058 1101 2.367 3.7381 3.728 2,357 TOTAL FUNDS 771.314 10.8321 760.482 Nel movement in lund$. included In the above are as f¢Jlows. Incoming resources Resources expended Gains and Movement losses In funds Unrestricted funds General fund The Jim Haslie Memor1 Fund 70.912 161 1151.6281 73.461 17,2551 161 71.073 1151.6281 73,461 17,0941 Restricted funds MfiAM Scholarship Fund Southwest Fund 327 140 14,055 13.7281 101 467 4.205 3,738 TOTAL FUNOS 71.540 155.8331 73.461 10.8321 Page17 continued
RGARET klORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENT - continued FOR THE YEAR ENDED 30 NOVEMBER 2024 16. MOVEMENT IN FUNDS- continued ComparativÈ$ for movement in funds Nel movement in funds Transfers between fvnds At 1.1222 Al 30.11 23 Unrestricted funds General fund The Jim Haslie Memor1 FurKI 819.374 4.524 151.9861 210 13,1751 764.213 4734 823.898 151,7761 13.1751 768 947 Restricted funds MMM Scholarship Fund Magenta Fund West Midlands Fund Movement Therapy Southwest Fund 2.609 667 318 15 784} 3.175 667 318 314 1.C£8 314 1.068 3.594 4.4021 2.367 TOTAL FUNDS 827,492 56.1781 771,314 Comparative nel movement in funds. included in the above are as follow$'. Incoming resources Resources expended Gains Movement losses In funds Unre$tfi¢led funds Gongral fund The Jim Haslie Memorial Fund 62.286 210 1128,594 14,322 151,9861 210 62.496 1128.$941 14,322 151.7761 Restricted fund¥ MMM Scholarship Fund Movement Therapy Southwest Fund 400 314 1(68 16,1841 15.7841 314 1.782 6.1841 4.4021 TOTAL FUNDS 64.278 134,7781 14 322 56. 1781 Page 18 continued...
MARGARET MORRIS MOVEMENT INTERNA TIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30 NOVEMBER 2024 16. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined posrtion is as fOlW$. Net movement in funds Transfers between funds At 11222 Al 301124 Unrestricted funds General fund The Jim Hastie Memorial Fund Funds hekl lor investment 819.374 4.524 159.2411 371 1674,7031 85,430 4.895 667,800 667.800 823.898 158.870) 16.9031 758.125 Restricted funds MMM Scholarship Fund Magenta Fund Wesl Midlands Fund Movement Therapy Southwest Fund 2.609 667 318 19.5121 6.903 667 318 314 1.058 314 1,058 3,594 8.1401 6,903 2.357 TOTAL FUNDS 827 492 670101 760 482 A current year 12 months and prior year 12 monihs wmbined nel movement in funds. included In the above are as foll¢JWS'. Incoming resources Resources expende(I Gains and Movement losses In funds Unrestrictod funds General fund The Jim Haslie Memor1 Fund 133.198 371 1280.2221 87.783 159,2411 371 133.569 1280,2221 87.783 158.8701 R&strfct•d funds MIAM Scholarship Fund MoverrFenl Therapy Southwest Fund 727 314 1.208 {10.239) 19,S121 314 1.058 2.249 10.389 8.1401 TOTAL FUNDS 135.818 290.6111 87.783 67.0101 Designated Funds The Jim Hast Memorial fund was Cfeated after his death as members wanted lo make donatn5 In his memory. In Novembei 2024. the charity stsrted the process of swrtching investment portfolios The ¢10suTe of the existing portfolio look place In November 2024 and funds were transferred into the main bank account awarting the set-up ol the new portfolio The set up ol the new portfolio completed In January 2025 and funds were transferred. Page 19 continued..
MARGARET MORRIS MOVEMENT INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024 16. MOVEMENT IN FUNDS-contlnued Restricted Funds The MMM Scholarship fund was received in Novembef 2015 and is to be used for leachef training The Magenta fund was received In 2011 and was specrficalty donated to be spent on costs lo pr(MJuce a film of the Magenta exeicises. The Wesl Midlands fund was sel LIP in 2017 for the benefit ol West Midlands members. The Movement Therapy fund - a tLEnd Sole for the purpose of Movement Therapy. lo bring this part of Mafgarel Moryis. work up to d*e. prL%Juce a new book. newly played rnU$ and olher associated documents Southwesl fund Following the cbsure of the South Wesl bank account this ftjnd is for the use of MMM participants in the South West and Can be vsed for workshops. rental space. exarninalion costs and bursaries In that area. 17. EMPLOYEE BENEFIT OBLIGATIONS The Charitab Company operates a defined contrFbulion pension scheme. The assets of the Scheme are held separately from those of the charilabL9 company In an independenlty administered fund The pension cost charge represents contributions payable by the charitable company to the fund and amounted lo £431 12023.. 14121 Contributions totalling £91 12023 £911 have been overpai(J and were payable lo the charity al the balance sheet date. 18. RELATED PARTY DISCLOSURES Ouring the year. Trustees maile payments lo the charrty Including Memtyer5hip Fe85. Insurance. Summer School and donations lotalling £5.83712023. £2.1631 During the year, paymen15 of £Nil 12023 £901 were made lo Trustees In respect ol online leaching courses held during the yeaf Trustees, reMUneratn and benefrts are di5cbsed in note 8. Page 20