THE ANITA GOULDEN TRUST REP RT AND FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST ?0*5
ANITA LDEN TR TATEN1ENT R THE YEAR ENDED 31 025 CONTENTS Trust inf0mtIOn Tntees, rew)rt Independent examiner's resK)rt Sthtement of financial activities Balance sheet Notes to ihe financial stat¢m¢nts io-i?
THE ANITA GOUI.DF.N TRUST TRUST INFORNIATIC)N Registered Charil), Niiiiiber: i 0()4116 (reyistered on I I, Septemlrr 1991) TnL%tees: Nlr l)avid Thoma.8 ()IIF, {ChatrmaM) N1r. NlarLclo Scenna i-freasiirer) Nlrs. Kg1 le Arfliiir NIT. I lii¥n (li)(KI)n Sr, IgiiaLiI) Qiiiiildiiilla A neil- Tni<tee c.gn be gpp)iiiled at ali) liine. bill the total number mu81 k no less than three and no more than nine. The wii'¢r to appoiiit new Trustees is vested in the Trustees ihemselves. Adminiqrnlion Address: 26, Third Avenue Northville Bristol BS7 ORT Tel: 07740 699 555 e-mail: admin a.'anita oiilden.OT Website- anila8oulden.or8 Indewident ExaTniner: Mr Anthony Epton BA FCA CTA FCIE 75 Maygrove Road West Hampstead London NW62EG Coutts & Co St Martin's OtTice London WC?R OQS Solicitors: Lee Bulion Nlunier-williwiis l The Saiicliwrv wesliiii11st¢r l.01)d(11) swip.iJ'r
THEANITA GOULDFN TRUST TRUSTEE 'REP RT FOR THE YEAR ENDED.11 A T ?0:5 The Tni81 1128 e%141bliglicd bv Dced of C-liilTTIL1blc Triist on 2 Sepiember 1991, amended on 28 June ?007. It is iiiaii.i¥ed on a d4lV_li)-diiy basis hy Ilie SecrelarylAdministrator and the Chair of Tru%teeg. Tni%lee8 are ii) fwiiciil c()i)Iq?Lt willi eaLIi f)Il)er and meet al least twice each year. All Tnigtees hai'e an eqiiil voice iii deii%ll)n i)lIikiiig. th C)b'eclii'cs and Aclii ilics The Tni%t ii&g e%111Ilj%lied to adiiiii)isler donalions raised in the U.K. to support the work of Anita Goulden Miih diKgbled and disadvantaged children and young people in Peru, The Trust's objective ig the relief of wN'en!'. sick'ness and distress in South Americ4 in particular arn()ng Children. and its main actii"it!" h&% Iren and remains to provide support to The Anita Goulden Home for disabled and disadi'antaged children and young people in the town of Plu northern Peru. Since the death of AniLq GOUlde its founder and head, the Home has Iwi nm bv Peruvian charitable aswiations, currenily the Asociacion Civil Hogar Anita Goulden. The Home is housed in a building purchased for its use with fimds donated by the Tnt and 0Med bv a perUlan charithle company set up for the purpose. The Association and the Home now provide boih residential and non-residentiaI care and therapy exclusively to children and voun¥ people 1th phl'sical anth'or mental disability, mostly arising from infantile cerebral pa]sv and h0 are disadi'anwed by poverty or other diificult home circumstances. Fin ci The InLSt's accounts are attached. l confirny that Trustees have complied '1th their duty" to hal e due regard to the guidance on public benefit published by the Charity Commi55ion in e.xerLisin4 their EK)kn'ers and duties. The Tru received totsl donations of £476,339. up from £95.60) in the preLedinKv N'ear. There lias no incom¢ from l¢wi¢s in th¢ year. The Venik Trust, a family trust, had been mlikiiib bi-aiinil d()natl()11s c)t" S?•.iOO to the Trus1 unlil January 2025. To provid¢ Ii)ng-tem) support lo Ilie Trllst, Neiiik d¢(id¢d iii .4pril ?0?5 to Tiiake an unrestricted enduwment of U%$'516.170.15 10 Ilie Triisl, 11> be iIii'esied to pr(ii'ide a reKYiilar inLome. repl1ng their previous doiidli()i)s. li is likely 111611 iiiioiiie IN)Jii Ilie eiidi)ii iiieiii li ill t=all of the value of the previous donali()iis. Since Peru is eifeLlively wiiliin Ilie Ih)Ildr dr¢¢1 iii LiirreiiLy leniis. The Iliiiiie h.i% asked the Trust to commil to an amounl of fundiiig Ilidl is lixed iii US IX)IliUS. Ilelaiise ut. IlliiYdN¢d slkill. Costs in the Home. the Trusi to incr¢iise Ils qIrterlY fiii)iJs Ils1"¢rS froiii US$•4.000 to US$33,000 in January 2025 and US$37,51JO as froin ApTiI ?0?5. '10 iiiiilLh Iliis l()Ilb-l¢nn coniniitmenL ihe Trust holds a substanli411 amount uf ils reserves iii l)i)11(Its, h(ii%'ei'er iliis d()es creale an exposu to currency fluctuations in ihe short l¢nn ]d Il)e'l ritsl rebiislered a loss iii Sierliiig tern]s on its Dollar dewsits of £6,775 during ihe year.
THE ANTTA GOUI.DF.N TRUST TRUSTEES. REPORT FOR TFIF. YF.AR F.NDI",D 11 AUGUST 2025 After mak'ing doT)ali()ns to Ilie 11()iiie of USS I.I.I.000. and incurrin8 Cnsts of £12.032, the Trust achieN'ed a nel iiicrcasc iii resen'cs. 1)iLh sli)od al £807.213 on 31 Aiigusi 2025, up from £432,954 a N'ear earlier. AchieK'emcnlq aT)d ¢rfi)niiaiice In April ?0!5. Sr. Ia¢10 Qiiiii1l1 IIIK a Peruvian biisiness executive resident in Madrid. was 2pp)inted as an addilii)nal Trustee. Katliarine Siansfeld resigncd from her Tole as Secretsn'iAdiiiini%lral{)r of Ilie Trust wilh eifect from 1° September 2024. Following an appeal by the Trust for N'olunleers to take on the role, Kathy Pollard was appointed SecrelarylAdministrator by the Tru<tees in Februarv ?0?5. All the Trustees and the SecrelarylAdminislrator are volunteers and re£eii"e no remuneration from the Trust. TnL%iees k'eep in regular infornial contacL and three fornial Trustees, Meetings were held during the "ear. TnLStees who reside overseas participatr in the meelings online. No Tnjstees visited the Home during the year, but the Home was visited by Katharine Stansfel follov4ing her resignaiion &s Administrator. The Trust h&s held regular conference ca]Is with the local Comminee that is Tesponsible for the nulning of the Home. These calls serve to keep the Trusi informed of conditions in Piura and at the Home and for Truslees to provide advice to the Committee there appropriate. 'tN" & Fundraisin The Tnl'S w'ebsite is the principal vehicle for keeping donors and supporters informed and for bringing the Trust to the attention of rA)tential new donors. The Trust h&8 also OFtned an account on Linkedln. The Trust solicits donations through its website and through JUsiG1ln¥. The Trust continued its use of the website for publishing up to date information on the TrLLsI and the Home. items are also circulated by email to donors or supwrters who hai'e &sked to on the matltns Itst. A Newsletter was prUCed in December ?0?4 and circulated to rebllbtered supp)rters b!" wst and email. The Anits Goulden Home The Home provides residenlidl care and Irealineiit of Lliildren and N'oiinb pe()ple i%ith serious mental an(Vor physical disabililies, principally a result ot'ftiif. Ilile Lerebral pals).. and nian). of iihoin reqiiire intensive nursing care and sla11¢d ilierapy. Neiin)l()bVtCdl assessiiienls aild ir¢alinent provided free of charge by ¥overnTnenl serviLes wid. on a voluill& bas.is. by IL)Lal niediial protes5ionals. Criliea] medical care is provided by a neibhb()urh(x)d lidical Cent and. re4uired. by the local hospital. The Peruvian charilable Ass()Lialion IIMI ruIis tlie Flc)ii)e h&s- atx)ul ?0 n)enibers and is led by a local Committee, whose two-year temi of oflice bebian in OL"li)ber ?0?3 and M'hi¢h meets regularly. The Home requires careful fiik2ncial nia1Tellie1]t. bill the local community gives a lot of support. tA)cal companies. individ1 dunurs wid vulii1i14 Or¥IltInS mak'e reular donations in kind. which togeiher provide almosi all Ihe Home's requirements for food,
THE ANITA GOUI.DEN TRL'5T
TRUSTEFS. RE."PQIRT
IIE I.
medicines and siipi)lies. Tlie Ili)iiie I17crI1% fmm d(Inali()ns ()f fi)od under local governmenl
social progni)iiiies.
In ?0?4. 11111(iii ii)g a iliiiii fn)iii slfqlT.111(l a IcB11 rcvicw ()f enipl<)ymenl condili()ns, the Home
chgn&ed it Il'll.171 hi)iirs fn)111 48 1() .l() lii)iirs pcr weck. which reqiiired an increase in staff
niiiiiberg. Salar. Ici-el hai-e alw iiiLfc14 scd. liirgely l)ecaiise ()f an increase in the local minimum
"age. To fiind iliese slq4 Ir Tel.Ilcd ili&giiye.s. Ilic l-rii%l agri'ed t() increa.se ils regular quarterly
tran%feffs iihich noii. Sland ai L,SS.17.500 per calendar qiiarter.
ReflectinR the chan&ed hi)iir& an elenieiil of back-pay for overtime and holidays has been paid to
the <iatT. The Iolal Coiiimittee reports thal once again they are enjoying good staff relalions.
The full-rime Nlanager of ihe Home Signed during the year under review, and h&8 been replaced
b!. a memEtr of ihe Ial Commitlee, ,hO has Etcome a salaried employee.
Plans for rhe fiiiure
The TTh s aim is to continue to promote and admtnist¢r donations and legacies from the L K
fund the financial needs of the Anith Goulden Home. It will also provide oversight of the use of
donations b!" receiving regular financial reports from the Home.
The L S Dollar has w.eakened against the Peruvian Sol since the beginning of ?0?5. $0 the Trusz"s
quarterli transfers are 'orth less to the Home in local currency ternis. The Trusl 111 consider
.hether a further incre&se in the quarterly transfers is possible.
The Trust w'ill wnlinue its regular conversations with the local Committee. JA e encouraked them to
offer themselves for re
THE ANITA GOUI.Df_N TR TRUSTEES. REPORT TFIE YEAR ST 02 Periodially. and at Ica$i oMe a y¢aT. Tn1CC8 prLW4we a fore1 of rueTV&5 using iheir be estimates of incoming fund& ini'csimcnt income. admini.%lralion Cts and Ihc costs of running thc AniLI Goulden Honie and i(s relaied pmgraninies. The wnsidcr thc erY¢S 10 hc at an acccptsblc Icvcl provided that ihc forcc&$i shows Teserves bein8 exhausled in belm'een 5 and 10 yedrs. Ai the dale of ihcsc accounLS, Ihe forccasi indiutcxl thai fvnds M'ould be exhaii.%tcd in aNKoximaicly R ycars. Conclusion The Home h&$ ry)trnted effectively over ihe year under revicw, wilh the full rangc of iherapeutic and reuealional aL%iN'iry being Carried out. The Tn has tsken on a new Trt*¢ and Secrd2ry,IAdministrator and h&s maintained good contact with the ACHAG Cornmittec. ILS financial r&wl¢s wtte s3tisfa¢tory. and the Trustccs. r¢s¢rvcs tK)licy has been met. Date= 26 March 2026 Daiid Thomas The Anita Govlden Trust
TI11.: ANII-A (i()111.l)l-:N_ I'RIIS I. tNI)I,'III,-Nl)I-.N I I-. ANIINI-.K' -B!:'l_X_)11 I-.1.[[ IL I report lo the truqlees on niv exaiiiiiialion of Ilie accoiinls of The Anita G()ulden Trust for the year ended 31 Aii8ii%t 20•5. Respon.iliililifS •nd basis of reporl As the charili. s IniÉtee% of ihe Coii)Tr?iiy (iiid al%0 ils direct(?rs for the pijrposes of company law) 'ou are regwnsible fc)r Ilie prcTr1nli()n c)f Ilie acci)iinls in accofdance wilh the requirements of the Conipanies Aci 2006 ('Ihe 21M)6 ALI"). Hal'ing %aii%tied m1-.11.1111I ilie aLLuiiiils of Ilie Coilipany are n()1 required to be audited under Part 16 of the ?006.4ci aiid a eliBible fur iiidependenl examination, I report in restCt of my exaniination of I'our charilN' s accounts as carried out under section 145 of the Charities Act 2011 ('the ?01 l Act.). In caming oul my examinalion I have followed the Directions given by the Chariti. Commission under section 145{5) (b) of ihe 2011 Acl. Independenl examiner's slalemenl Since the Compan%. s gross income exceed £250,(KIO, l ¢onfJm? that l am qualified to undertake the examination trtause l am a member of the ICAEW, which is one of the listed Ex)dies. I hal'e o)mpleted mv examination. I c4)nfirni that no matters have come to my attention in connection 7th the examination giving me cause to believe: accounling records were not kept in res of the Company as required bv section i86 of the ?(M)6 ACL or the accounts do not accord wilh those records. or 3. the accounts do not comply with the accounting requiremenis of section i96 of the ?006 Aci other than any requirement th the accounts gtve a 'true and fair viem. Mhich is not a matler nSidered as part of an independent examination: or 4. the acUnts have not been prepared in accordance wilh ihe methods and PrinLiples of the Ststemenl of Recommended Practice for accounling and reporting b!. Lhariiies appliLable lo chariiies preparing iheir accounts in accordance 1(h the Finanlial R¢wriin¥ SIdard applicable in the UK and Republic of Ireland (FRS 10? I have no concerns &nd have come across no oilier niallers iii ci)iiiie(lic)n iiiih Ihe ¢XWiiiiUlion io which aintiun should k drdwn in Iliis rep()rt in oril¢r l() eiiable a pr(jr iiiidetslwidiiis ot-lhe accounts to be reached. Anthony Epn BA FCA CTA F('II. Goldwins Chartered accounthnls 75 Maygrove Road West Hampstead London NW6 2EG Date.. 05 May 2026
THE ANITA GOULDFN TRUST STATENqF.NT OF FINANCIAL ACTIVITII."S FOR THE YEAR ENDI.-D 11 AUGUST ?0?5 Total Funds 2025 Total Funds 2024 lJnrestricted Funds liicoiiie )Ill. Donaiions Ini'esttnent Income 476.339 12,372 476.339 12,372 95.603 6,304 Tolal incomt 488.711 488,71 101,907 dinire on: ChaTiTable Activities 114,452 114.452 79,900 Total e enditure 114,452 114,45? 79.900 et iDcomel(expendllure) for the year 374,259 et moi'ement in funds 374,259 374 ?)9 Funds balances brought 43?.954 4_? 954 410.947 Fvnds carried forn'ard 807 ?13 807.?I j The attached notes forn) part of these accounts.
THE ANA GOULDf.N TRUST BALANCE SIIL.ET AS AT 11 AU(1 025 Nolc Filrd As Tangible Fixed A.sscts Cvrrrnt Assefs Debt4)r5 Cash at bank" and in hand 3.21X) %05.453 4.14J15 ¥biliti Cruth (1.440Tr (lJ61 807213 43?,954 807213 437.954 Funds 807213 ApFKON'a by thc Board of Trus on IG •L ds behrbY zt I nislee David Th•mM Mzrtdo Srtnns The attached n(A¢s f(m part of these linancial Sle1Cl
TIII". ANITA (iC)[11.I)I.:N TIIIIST NOTI.-S I-() I I11-. I.-INANL'IAI. S I'AI-I:NI1-N I )R IEII.- YI-.AR I'.NI)I.'1) 31 All(jll51 ?V?5 A¢coiinliii Policics BxGi4 of prepmrnllon The fii)aiiLial slqi leiiieiilq hafv'e en prepared in accnrdance with Accounting and Reporting bi. ChaTilies: Slaleiiicijt ()f ReL()iiiiiieiicled Pr<?clice applicable to charilies preparing iheir aiyolllltg in acL(Inliiiie iiiil) Ilie I,iiiaiiLliil Rep(irting Sian(lard applicable in the UK and Repiiblic of In'l.?iid (l.-RS 10? cllcLlive l Jill]iry 2015) - (C harities SC)RP FRS 102) and Charilicg Ail ?al l. The charit!, nieets Ilie defii)ili()n of a piiblic nefit entiiy under FRS 102. Assets and li3bililies a iiiilially recogiiised ai historical cost or transaction value unless otherwise <rated in Ihe relei'&it accounting policy or note. Reconciliation wilh previously Generally A¢eepted Accounting Practice (GAAP) In prep2ring the accounts, the trustees have consid¢red whether in applying the accounting licies required bv FRS 102 and the Chariiies SORP FRS 102 a restatement of wmparative iiems required. Ineome Income is recognised when the charity has entitlement to the funds. anv Ftrfonnance condilions atlached to the income have been met, it is probable that the income Vlill be recei%, and that the amount can Ix measured reliably. Income from government and other grants whether 'capital' grants or "reN"enue £rants. is recogmised 'hen the charity has entitlement to the funds. anv performance conditions attached to the grants have been mel it is probable that the income will k receIed and the amount can be measured reliably and is not deferred. Income received in adl ance for the provision of specified service is deferred until the crileria for income reLo4nition are met. For legaci¢& entiilement is tsken as the ffdrlier of the date on iihiLh either: the charilN" is aare thai probate has been granted, Ihe eslale has been finalised and niililiiaiion h&¥ been made by the executor(s) to the charily that a dislribulion Nlill niade. or i%hen a distribution is rtyxived from the eslate. Receipt of a legacy, in iihole or in Fwi. is onlv considered probable when th¢ amount can be MeUd r¢li&iblv ld ihe Lharil%' h&s" nolitied of the executor's intenli<Jn to make a dislribuli()n. b) d) IDler¢s¢ rec¢iv¥lilc Intrrest on funds held on drp(1sit is iiiLIIiLl¢d i%hen Tellble wid Ihe 1)l)lIn1 be mei1sured Telidbly by ilie cliarily: Iliis is iiiJriii(IIIy UEK)li ii()tiliialic)ii of (he iiitetyst P&iid or payable by tlie bank. Fund accouiilliig Unrestricted funds ar¢ aviiildhle lu SIld on aLlivilie5 iliat fIher any of the purposes of charity. Designaled fuiids are ui)r¢slricied fiinils ot- Ihe Lkiarily hICh Ihe trustees have io
TIIL. ANITA GOIJI.DI".N TRIJST ' I.tNAN "IA I A'II:N11.'NT Aeeoiinling pnli¢ic5 (eonliniif(I decided at iheir diqcrcli()n to scl asi(le In iige fi)r a $cIfiC purFX)se. Restricted funds are d(Inalion8 IIIiiLh Ille d()iii)r li¢lS speLilicd are lo be si)lely used fi)r partlcular areas of the charit!. s ii'(Trrk' or f()r speLific pTr)jecls bciiig iin(lertaken by the charity. Expendiliire Exttndiliire ig re¢oyiiied oiice Iliere ig a leBal or constriictive obligation to make a paymenl to a tliird I,. il is pnilxible Ili1 i l17ClI7el1I will be reqiiired and Ihe amount of the obligation can meaiired rcl l1Iv. g) Deblor5 Trade and oiher debtors are recognised ai the settlement amount du¢ after any trade discount offered. Prepalinents are valued at the amount prepaid net of any trade discounts due. C*h ai bank 8nd in hand Cash bank and cash in hand includes cash and short tenn highly liquid investments wtth sholl maturity of thc months or le&8 from the dale of acquisilion or opening of the dqx)sit or similar account. b) Foreign exchange Trdnsactions in foreign currencies are recorded using the rate of exchange rulino at the date of the transaction. Monetary &ssets and liabilities denominated in foreign currencv are trdnslated into sterling at the rdte of exchang¢ rulin8 at the balance sheet date. Exchange gains or losses are taken to the SOFA. Donalions and legacies ?0?5 Legacies Gift Aid and Covenanted tk)nations Other Donations ?5.183 451.156 ?1.041 74.5): Tts1 donatjolls and legacies £476.:1 )9 £gi.tiOI Inveslmenl inconie Inleresl received 6.I(H Tol#l IJJveslm¢iil lJicoJiie £6.I04
THE ANITA GOULDF.N TRUST NOTES TO THF FINANCIAL STATF.NIF.NT FOR THE YEAR F.NDI-.D 11 AUGUST ?0?5 /Continued . Charilable Aclivilies 2025 2024 Graiits- relief of wiverty and distress Sli ort Printing. posiage and slalionery Bank. charges Independenl exaniiiialion Legal and profiwioiial fees Exchanoe (gainsvloss .4dN'ertising 102,420 75.641 353 .174 1.490 900 6.775 1,340 330 1,046 1,307 802 774 £114.452 £79,900 Dehtors 20?5 Creditors Independent Examination Other creditors 1.339 ioi ioi 1.440 l.i61 Emoluments ofthe trustees Irustres did noi receive a remuneration durin2 the year (?0?4: Nil). There were no employees in the year (?0?4: none). There iiere no emplol'ee benefils payments to key managemeni personnel in ihe year (?0?4: Nil). Related tran8#elii>ns There are no reldied party IrdY)saclions lo disclose for ?0?5 {?0?4: Nil).