Charlty r8gl$tration numb•r290760 {En9land and WJlg$1 THE ROBERT AND MARGARET MOSS CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL2025
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustaes Jennrfer Stein Joanna Wallikgr Maggi& Porrt John Cole Sophie Ourand Charity numb•r 2907eii Prfncipal ¥dth988 Seacourt Towor Wesl Way Oxford OX2 OFB Governln9 document Twsl Deed dated 24Augu8t 1984 l*dependent •xamlA•r Grata Audlt Oxford LLP Flrst Floor, Psrk Cenlrsj 40-41 Park End Str8èt Oxford OX1 1JD Soll¢ltor$ Blake Morgan S8acourt Tower W8St Way Btsuey Oxford OX2 OF8
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST CONTENTS Pagg Trustees, report Independent examlnets report staternent of financh?l actrtIeS Balan¢e sheet Notes lo Ihe flnanclal sl*ernents 6-13
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2025 The trustees preseni thelr annu81 report and finan¢lal slatements forth8 year8nd8d 5Aprll 2025. The flnandal ststenents have been prepared In a¢¢ordance wlth the accountlng polfclès set out In ne 1 to the finanaal slèternents and cornply with the Irusl$ deed dated 24 August 1984, the Charities Act 2011 and'Acc4Junling and Reporting by Charitie5: St8lem&nt of Reeommended Practlce applieèble to charities pr¢parlng their accounts in accordan wrth the Financial RerK)rting Standard applieablè in the UK and Republic of Ireland IFRS 1021. leffeclive 1 January 20191. Objectives and aetiviti¢# Its objects arè lal to ftsst8r and promote medical and scientlflc rns8arch into the vast prDblems of human nutrftK)n, Ib} lo rosier arKI promote rnedical researth generally, Icl the relief of poverty and Idl Ihe advancement of educalKJn. The Trus8$ confirm that they have referred to the guidance contained in the Charity Commission's general guld on public benefrt whan r&vièwing Ihe Trusts aims and objoctiv6s and In pl8Anin9 futur8 activltieg and séth'r44 Ihè grant maklno polkyfor Ihe year. The Trusiees seek to further these obleds by rnttking granls to other organisations. In the past, the Trusl8es have suppytsd and assisted research into the 4xoblems of human nutritlon 8r¥J other medi¢4 resoarch. In additioft. they have providèd 5UPPOrt for lh8 rellef of PDverty and the advaneÈm8nt Df education. The support has beèn provided lo oryanlsallons based prwjominanlly in Oxfordshite. Th8 Twslees. policy Ss lo conltnue funding approprlale research projects, preferably ba8ed in Oxforthhire. and supporting local organi58llans in their Work relating to the r81i&f of povarty and the advancernent of education. Truslees have sought to ertsure thal Ihaf pK>licy is rna known to the public thrgh gran1-maThg diractOTies. Aehièvèmonts and porlomiance The Tnjsl has established its grdllt rnaking pcAlcy to achieve its objects for Ih8 publlc benefit. Grants wera madè lino th this pollcy during the year as sel out In note S of the accounts. Flnanclal revlew The Trustees are aware ol thelr duty to aFgly Incornè lunds of the charlty w¢hlrs a reasonable time of their recelpt and of the r*ed to justify any incorne res8rv8s. At 5 April 2025, the level of unrestrictetl funds was £2.104,15410S comparod th unrastrictèd fLtnds of £2.157.872 al 5 April 20241. The Trustees, p1¢Y is to maintsin SLrficient incorn8 r8serves to prodLJce investment income of approxirnalely £30.000 - £50,000 in ea¢h ar. Ihe Trustees o)nslder that the level of Income Is Ilkely to be nded t9 ffl881 dlrect chadtable expendlture IptSmailly in Ihe fom) of grants) and management and adrninislraton c(k5ts, a small amount avaaable lor conlingencies. In vSew of thg Trust'5 Incorr n88ds and the changeable investment vIronman1 ovgr thg last 12 rnonths, the Trustees have deuded to maintain the level of reserves forthe coming year. The Trusl's Ineorne Is entirely frorn inve3tm8nl dNidend8 and was Snt on making grants and support costs. The levd of unr8Strited funds has deueased ovei the year sinTr 5 April 2024 by £53,718. This Is largely due to a fall in Ihe vaue of investments. Additionally, Trust88s gava out En 8Xtra £5.756 in grants during thls pèriod and support Costs rose by £954 compafed to the previous yw. Trust$ ld the assets of the trust in accordarK¢ wfjth Iheir Fowers duriNg the yèar. The Tnjstees have absolut¢ dlscreuon lo invest the funds of the Tru$L no r¢Stridn$ are placed on these pov4ers. The Tw$tees' policy for the selectK)n of investrnents for the charity Is to seek to achlova 8 balance befvlegn Income and rAal growth gnd that the Investment portfollo has a medlum rfsk. Inves(ec manages ihe portfolio on a dlscretbnary basis. Trustees have absolut6 discMlon in Ihg awarding of grants but are gulded ty the objects of tht TWSL
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST TRUSTEES, REPORT (coiifiNUED) FOR THE YEAR ENDED S APRIL 2025 stru¢turg1 go¥•rnance and man4g¢ment The RL*ert and Margaret Moss Charitablè Trust was established under a Trust deed on 24 Augusl 1984 to adrnink%terfund$ settd by Robert aThY Margaret Moss. New Trustees are appointed esther 19 fl15 a casual vacancy or by way of addition to the Board. partUlr 8nwhasls is placed upon Ihe appoinlm8nt ol Twste9s with knowledge and 8xp8rlgnco r¥l8vant to the Trust's charitable adivities. When new Twstees are appolnled they are given an introduction to Ihe work of thè Trust ond promday with the Inlotmation they need to Ajlfil their roles, whlch Indudes IrbfoThatton about Ihe role of the Trustees and their respon9biles under the CharitiesAd 201?. DaY-t¢tsy adrninistration of thè Tnjst Is ddegated to an adminithlor undeT the supervlsion of thè Tstee$. Declslon-fTthlng powérs are retained by the Trustees 8nd ¢xerdserJ al TO9ar Ttee. rnaelngs. The Trustees held iwo Meeng$ durlng thg year ended 5 April 2025. The Iru5tees who 8gNed durlng Ihg yèarand up to th8 date of sbnature oflhe finanal statements were.. Jennifer S18 Joanna Walliker Maggie P8rFln John Sophle Durdnd The tru report was approved by the Board OfTruSes. Tru$t
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROBERT AND MARGAREf MOSS CHARITABLE TRUST I report to the trustees my exarnination of the finanoal statement5 of Th8 Robart and Margaret Moss Charitab Trust (the trust) for lh6 yaar anded 5ApJll 2025. R•sponslbilltl•s and bask of report As the tru$lees oflhe trust you are wonslUè for the preparation of the finandal gtslements frt ordanCe th tre requirements of the CharitiesAct 2011. I report In rèsp8Ct of my ol the trusts financfal siatements ¢arried out under cUon 145 of the Charlues Act 2011. In carrying out my examination I have followed the Directiorts gNen by the Charity Commission under secknon 145{5llbl of the char@A 2011. Klgpendent ¢x8mIne9 $tstement I have Completed my oxarninath)n. I confim) that no rnatt8rs have c¥)me to my attenllon in connecti)n with the examinaOn gwing me causo lo balièv8 Ihal ITh any merial r8sp8Ct.. aeeounting récords wÈrg not kept in respect of lh• trust as required by section 130 of thè Chartbes A¢1 2011. the finan¢ial ststbméntg do not accord wilh those rècords,. or the finanoal statement$ do not ¢ornply with Ihe applicabiè requiT8m8nts crCern9 the form and conlenl of finanaal st¥tetnents set out in the Charil&s (Accounts afid Reports) R8gulalons 2008 other than any reaulrernet tt)ai the financial staiements glve a true and fair view, whlGh Is not a maller CDnsidered as part or an independent examination. I have no concerns and have come across no other matter5 in connOn wrfh the examination lo which attenknn shcrtjld be drawn in this rgport in ordor to 8nabl8 a proper undgrslancling of Iheffinsncial ¥tatements lo be reached. Ellnor Upj nACA Gravita Audlt Oxford LLP First Flcor. Park Central 4041 Path End Sttht Oxford OX1 1JD 14 July 2025
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 5 APRIL 2025 Unrestrlcted Unre$trl¢tsd ntts fund$ 2025 2024 Not8S Income from.. InvestmeF¥ts other income 39.015 33,805 331 Totsl Incorne 39,015 34.136 Enditure o Raising funds 9,095 10,170 Chantable activltles 47.952 38.4 Total expendur0 57.047 48.534 Net gainslllossesl on Investrnenls (35.6861 119,957 Net movement In funds 153,7181 105,559 Fund balanS at 6Aprfl 2024 2.157.872 2.052,313 Fund balan¢e8 at S Aprll 2025 2,104,154 2.157,872 The slalement of than¢lal actlvltses Includes all gains and 105S85 tscognised Sn the year. The staternenl of financlal aclivrtles indt*Yes all gains 8nd 105ses racognised In the yew. Atl inwrne 8nd èxpend5tu derivo frorn contlnulng 8Gtivitigs.
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST BALANCE SHEET AS AT5APRIL 2025 2025 Notss Flxed as$ets Investm8nts 10 2,098.754 2.743.536 C(trrent a6$9ts Cash at bank and in hand 10.702 17.636 Credltor¥: amounts falllng duè wlthln on• year 11 15.3021 (3.3001 Net current asset5 5,400 14,33fj Total assots less Current Ilablllues 2,104,154 2.157,872 Th• fvnds ofthe trust Unresffict8d fvnds 2,104.154 2,157,872 2.104,154 2.157,872 The fin Cia Statements were appToved by Ihe tru$toes on... ..2tsZ Trustse
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Accountlng pollcle$ Charlty Informatlon The Robgrt and Margarel Moss Charitable Trust was e5tsblished under a Trust deed on 24 August 1984 to admln13t8r funds 8ettled by Robert Pd Margaret Moss. The r8gistered offic& Is Seacnurt Tower, West Way. Oxford, OX2 OFB. 1.1 Accountlng ¢onv•ntlon The finandal statarnenls have beèn prepared in atxordance wtth the IN51s govern4ng doGumonl. tho harltles Acl 2011. FRS 102 The Fln8nclal Repo9 Starwjard appllftrJe in the UK and RepubliG ol IrelAnd" I FR8 102"} and Ihe Charilkgs SORP 'ArLounting and R@wrtin9 by Chariles.. Statement ol R¢comm&nded Practice applicable to charities pparing thalr accounts In accordarKe with thè Financial Rèportlng Standard applicabla in Ihe UK and Republic of Ireland IFRS 1021. leffe¢UvÈ 1 January 20191. The trust is a Publi¢ Benefit Enlity as defilled by FRS 102. The trust has tsken advantage ofthe provislon$ in Iha SORP IDr charftl•s not to pmpare a Statsmnt of Cash ows. The financial statements have depart fmm the Charities (Awunts and RerM)rtsl Regulations 2008 only to tho extent required to prowde a true and fair view. This departure has Involv1 followlng the Ststement of Recommended Practlcg for Larilies applylng FRS 102 ralher than the version of the Slalefflent of Re¢ommend¢d Practice whlch Is refgTreJ to In the Regulations but whth has since bgn wllhdrawn. The ffjnancial $ialem&nts are prepared in slerflng, which Ss Ihe fvnctional c#Jrren¢y of th& tru81. Mone18ry amounts in Ihese fjnandal stal¢ments are rouTrded to the neare51 £. The financial $18t8ments have been piepared un¢r the hlstorkal cosl rL)nveTrtion. Th8 prlnripal aG¢ountin9 polldas adoplgd are sglout lOw. 12 Golng ¢oncern Al the time of approving the financial slalernents. the trustees have a reasonable eypeclailon that lh8 trust has adequate resources to conrtu& in operaliDn81 $xlstence for the foreseeabl¢ ftJlL¢re. Thu5 th8 trust8èS conllnug to adopl th8 Wng concgm basos of accounting In preparing the financlal statements. 1.3 Charitable funds unStrICted funds are available for use at thè dlscretiDn of the trustees in 1urtheran of their charllable objectives. 1.4 In¢ome Income Is r8cognised lthgn the tru3t Is1&gally enutled to it after any perfomiance conditions have been met, the amounts can be measured relièbly, and it is probable that Èncomo wlll be rei¥&d. Cash t1onations are recognis&d on r¢¢¢ipt. Other don81ion5 are renised once the trust has been nollfied of the donation. unloss performance cgndilions roqulre deferral of the amount. Income tax rècoverable In relatDn to donatEons received under GiftAKI or dèeds ol covenant is recognlsed at Ihe tlme of the donatbn. Legacies are cognIsed on Tec8ipI or otherwse Sf tha trust ha5 b88n notlfied of an knpendlro di51rfbutbn. the amount Is kn¢)wn. and r9¢elpt Is expected. If the amount is not known, the legacy is treat8d as a contlngenl esset.
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 A¢¢ountlll9 poli¢l•$ (Continued) 1.5 Exp¢nrflture Expendlture 15 recognised onc9 fhere is 8 18981 or ts)nétructive obligaOn to transler econom1¢ benèfft to a Ihlrd party. It is probable that a transfer ot en0m benoflts ¥11 be requlred in sètUemen( and the amount of the obligatlon can be measured rpli8bly. Expenditure Is cl85sificd by acllvty. The (x8ts of each aCtity ore m8do up of the tot£1 of dI¢t costs and share(l Costs. in¢luding support e05ts invofved U[ertakIng each actlvity. Dlrect ¢osts attributablè to a slngle aCtItY are allocaied directly lo that aeuvity. Shared costs whld) contribute to more than one a¢llvMy and suppgrt costs wtrhch are not attributable to a slnglE aclivily are 8PPOrtioned between thos8 actlvltles on 8 basls ConSt8nt with the use ol resour¢os. Central stalf eosts are allcKated on the basis of time sp&nl, arKI depreclalkn thafges are All8ted on the portton ofthe asset's use. 1.6 Flxed a$$et Investmonts IKed asset investments arè initially Mea9J at transaction prtce 6xeluding ransactDn costs, and arg subsequently mèasured at fair valua al exth reporting dale. Changes in fair wdue are recognised in net incofflellexp8ndrturel for the year. Tffjn$action costs are expensed as incuved. 1.7 Cash and ¢asb wulvalents Cash and cash equlval8nts Incjude cash In hand. deposlts at call with banks. othar short-temi liquid Inveslrnents with Original malurttles of Ihree months or less, an¢J bank overdrafts. Bank OVgT(trafts ale $hown wiIFhn borrowings In curTant ligbi1tt1gs. Bask flnan¢la18SSets Basic financial ass8ls. which include debtors and cash and bank balan8, are initially measured 81 tr8n5adion induding transaetton crjsts and are subswuently carried at aFnOrti58d cosl uslng tha 8ffe¢tiv8 Interest method unless the arrangemenl conslitules a fin8rKing trar15aclion, where the Iransactk)n is rneasud al the present value c>f the futLSre ieceipts discounted at a tnarkel raie ol (ntere5t. Finandal assets dassThled as receivable withtn one year not arnorllsgd. Criti¢al a¢¢ountln9 estlmate5 and judgements In the applicatlon of the tm8t'8 accounting polid83, the tru5tee5 are reqthred lo make ludgErnen15, estlmate8 and as5umpIion5 aboul the carrying arnount of assets and liabillties that are not madlly appant fro oth&r sou5. The e8tlmates and asSocIat 8ssun7pUons ¥e based on historical 9xrI8nce and other fa¢tors that are considered tD be ietevanl. AGlual results may differ from IhesE esual5. The e51Trates and vThJetlyTng a55umptiJB are revlewèd on an ongolro basis. Raviwor%s to acttounting estimates are recognised in the which the estimate is revised Whe thè rev1 affects only thal perfod, er In the peiiod of the r8vlslon *td lulurg periods where the revision affects both curr8nl and future perlods. The inveslrnent valuatlon is considerpd to be the criti(21 aCrUnting esllmate wlthin Ihese fiDcial staternents, the value of Es valuation is £2.098.75412024.. £2,143,538).
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2025 Investments Unrestrlcted Unr£slriclgd fvnds funds 2025 2024 Dfvhdends 39,015 33,805 Ralslng funds Unr¢strlcted Unre51rlcl8d funds funds 2025 2Q24 Investment managerrenl 9.095 10.170 9,095 10,170
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Charltable activities 2025 2024 Grants 34,756 29.C4JO Shar• ol Sup[ o)sts1$èo nots 61 Ind•perKlenl examinatton fees 9,632 3.564 3.300 47,952 38,364 Grants Act Oxfgrd ActK)n Medltra Rè58arch Altematnies lo VlolertCO Anlmal Antiks ARCh Asplro Oxfordshlrg ASurn Wekcome Be Fr98 Young Caree BrainTumow Charfty Brftish Dyslexic& Caudwdl Clyldren Child Brain Injury Trust Cornfflunity Safety Education cr1nnOn UK Crfsls VK Crohn's and Cdllits UK Earth Trust EMBS Community College Emmaus Oxford Gatehouse Fight lor Sigh Hoart Rese8rch UK Htsme Start Ox Jac8ri Life EdwAtion Wessex Living Paintings Ma¢millan Canr Support Macular So¢Ety Maggie's My Lrfe My Chokg One Eighty Oxford Agairkst Cutting Oxford Churches Debt Ctre Oxford HosrAtals Chatity Oxford Hub Oxford MLrtual AAd 1,000 1.0)0 1,000 1.OC#J 1.000 1.ODO 1,000 1,0(10 1,OC 1,000 500 1,ODO 1,000 1.000 1,000 1,ofA) 1,0ts) 1,000 1.000 1,000 1,000 1,000 1.000 1.000 1.000 1,000 1.000 I,ODO 1,000 1,000 1,000 500 500 1.QQ) 1.000 1.000
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2025 Charliable actMtI85 Icondnu•d) Oxford Playlwjus Oxft)fd5hire l.M.P.S Oxfordshire Mlnd Pennyhooks Farm Trusl Pr05tat8 Cancer UK Ouesifor Learnlng RA.8.1. RAW Workshop React Restore Sehoolreaders Tre Por¢h Thornlgy Va(*roj Vjva Nelwork World Gancer Research Fund Yellow Subrnarine Hdidays 600 1.(K)O 1,0 1,000 2.50D 1.000 1,000 1,000 1,000 1,000 1.000 1.000 1.000 756 1,000 1,IPJO 500 1.000 1.000 1,000 34.756 29,000 Support Costs Support Gov•rnanc8 costs 2025Support costs GoveFn#nco ¢osts 2024 Tru51 admlnlstratTon fees Trusteg mèating expense 9.298 9,298 5,YOO S,TOO 334 334 364 384 Autht fe88 3,564 3,584 3,300 3,300 S,632 3,584 13,196 6,084 3.300 9,364 Analysgd betreen Charitable adlvlues 9.632 3,564 13,196 9.364 et movement In funds 2025 2024 Tre net Tnovem8nt in funds Is stsled aftèr charglngllcreditlng).. Fee5 payable for thè lftrlependent exan¥natlon of the charfty's finanool statewnents 3.300 10-
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Employ¢es 2025 Numbgr 2024 Number Tolal There wer• no em0ye&S whose annual remuneration w83 more than £60,0. Nal 98inslllos¥esl on Inveslment$ UnTe5trlct•d Unr8stri(tsJ funrl¥ funds 2025 2024 Rev8luatiDn of inve5tfflents 135.686) 119,957
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 10 Flxed asset Investments Listed Inv•sbDents Cash In portfolio Total Analysis of movement in the Ibwestrnènt portfollo: At 6 Ap¥1 2024 Addition5 VauaiiDn changes Cash rnovements Disposa18 2,060,741 698.051 {35,6861 82.795 1698,0511 2.143,&3S 135,686) 19,(r&6) 19.0961 690.124 1690,1241 At 5 Aprl 2025 2,032,982 65.772 2,098,754 Carrylng amount At 0SArAil 2025 2,032,982 65.772 2,098.754 At 05April 2024 2,060,741 82,795 2,143.536 2025 2024 Analysis of Investments at 5Aprfl by category of holding: Fixed interest socurity'ès UK equilies & funds Overse85 UleS & funds other assels Property funds 556,225 340,788 869,612 213.477 52,880 526,786 414,711 881,402 178,678 59.ie4 2,032.982 2,060,741 11 Credltor5- amounts falltng due wfithln on• year 2025 2024 Accruals and olher creditors 5,302 3,300 12.
THE ROBERT AND MARGARET MOSS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 12 Unre$tri¢ted ndS Thè unrestred funds of the charity comprise the unexpendod balancgs of donallons and grants whlch are not subject to Spec1¢ concjitt.ons by donors 2nd grantors as to how they may be used. These include deslgnaled funds whTri have been Sel asxle oth ol unre51rkted funds by the trustees for specific PLWPO88S. At 6 April 2024 Incornlng R•sour¢es resour¢e$ Èxpended Galn$ and losses At 5 Aprll 2025 General fiJTrds 2,157,872 39,015 157,0471 (35,6861 2,104,154 Pwiou$ year: At 6 Aptrll 2023 InmIng resources R•source8 expended Gain$ and 105589 At 5 Aprll 2024 General funds 2,052,313 34.136 148,5341 119,957 2,157.872 13 Related partlo$ Remunernb"on and expenses w8T8 P8id to Blak8 mgan LLP 01 £7,56012024'. £6.840I. where JPO CO is eonsLrltant and fomwr mèrnbar, for the administration of tha Trust. Such payrnent is authciis&J urthr spe(afic powers contained in th8 Trust deed. No remuneration directly or indirecuy out of the funds of fhe tharlly was pald or payable for Ihe year to any truslee or any pet50n known to be connected with any ol them. Trust89s w8r• r8irnbursed for meotirtrJ expenses amounting to £33412024.. £3841 durfng th8 year. 13-