NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 5 APRIL 2026 KNOX CROPPER NICHOLAS AND JUDITH GOODISON'S CHARITABLE SE￿LEMENT FINANCIAL sYATEMENTS AND TRUSTEES REPORT REGISTERED CHARrrY NO. 1004124 YEAR ENDED 5 APRIL 2026 CONTENTS CON￿LrrIoNAL D￿AILs TRusfEES' REPORT INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL AcrtvrrtES BALANCE SHE NOTES TO THE ACCOUNTS NICHOLAS AND JUDITH GOODISON'S CHARITABLE SE￿LEMENT CONSTITUTZONAL DETAIL GOVERNING DOCUMENT AND CONSTITLrrIoN Nicholas and Judith Goodison's Charitable Settlement (prevlously named Sir Nicholas and Lady Goodison's Charitable Settlement) is registered as a charity under charity number 1004124. The charity is governed by a Trust Deed dated 5 April 1991. OBJECTIVES The trust can apply income or capital to general charitsble purposes. The trustees, policy is to concentrate on gifts to the arts and for arts education. TRUSTEES Adam Goodison Judith GcM)dison Katharine GcM)dison Rachel Goodison TRusfEES ADDRESS PO Box 55589 London SW7 9EW INDEPENDENT EXAMINERS G N Stevenson FCA Knox Cropper LLP 65 Leadenhall Street London EC3A 2AD BANKERS AND STOCKBROKERS CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ Qullter Cheviot 6th Floor, One Centenary Way Bimiingham B3 3AY NICHOLAS AND JUDITH GOODISON'S CHARThABLE SEThLEMENT TRUSTEES. REPORT Status and Polldes The Settlement is a Charitable Trust registered with the Charity Commisslon number 1004124. The Trustees were appointed by the Settlors, who have the power to appoint trustees during their lifetime. New Trustees are provided with all relevant information when appointed,, all trustees are kept up to date with any new information. The Trustees have powers, under the Settlement dated 5 April 1991, to apply elther income or capital to general charitable purposes. There are no restricted funds. Donations are fInan￿d by income from the Trusvs investments and occasionally by drawlng from the Tnjst's capital. There are no restrictions on the Trustees, investment tX)wers. The Trustees, policy is to con￿ntrate on gifts to the arts and for arts education. The Trustees re-named the Settlement 'Nicholas and Judith Goodison's Charltable Settlement, in December 2001. Report for the year ended 6 April 2026 This year gifts in the field of visual arts were made to the Attlngham Trust for a scholarship, and a contribution towards Dame Rosalind Savill's memorial scholarship fund,. also to the Tate Foundation to help with the Gallery's eX￿ptIonal archives of 20th Century artists. The Trustees also made grants to the Royal Society of Sculptors towards renovation and improvement of their building; to the Victoria and Albert Museum towards furniture con5ervation,' to the Fitzwilliam Museum towards continuing to acquire Britlsh craft,. to the Furniture History Society for the Journal Fund; to the Crafts Council to add to their unique collertion of contemporary British crafts; and to Art UK for their Ceramics Digitisation Scoping Project. Grants to musical charities included the Academy of Ancient Music, English National Opera for thelr Harewood Young Singer5 scheme, The Academy of St Martin's in the Field, and Echo Vocal Ensemble. Other grants included Wilton's Music Hall, and Ely Cathedral for the conservation of their organ. The Trustees confirm that they have had due regard to the public ￿nefit guidan￿ published by the Charity Commission when planning activities and setting grant-making policies. The Trustees have identified the major risks to whlch the charity is exposed and have established systems to mitigate those risks. The Trustees consider the level of reserves approprlate Sn the Ilght of thelr future plans and overall policy, and Intend to continue with similar donation policies in future year5. NICHOLAS AND JUDITH GOODISON'S CHAIUTABLE SE￿LEMENT TRUSTEES, REPORT Flnancial Revlew The settlement received income of £79,288 from Investments Income and Interest. Expenditure, in respect of Charitable Activities amounted to £62,010. Gains on investments amounted to £317,906 with investment5 amountlng to £1,948,256 at the year end. The Trustees consider the level of reserves appropriate in the light of their future plans and overall policy. The resultsnt net income of £335,184 for the year saw unrestricted ￿serveS InC￿aSe to £2,138,948. Reserves Pollcy All the Sethemenys Reserves are unrestricted and are held for their investment returns to fund future grants. At the year end Unrestricted Rese￿eS amounted to £2,138,948. The Trustees conslder the level of reseNes sufficient in the light of their future plans and overall policy. The Trustees are responsible for p￿parIng the Trustees, annual report and the financlal statements in accordan￿ with applicable law and United Klngdom Accounting Standard5 {United Kingdom Generally Accepted Accounting Practice). Charity Saw requires the trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of the incomlng resources and application of resources of the charity for the year. In preparing those financial 5tatement5 the trustees are required to.. select suitsble accountlng policies and then apply them consistently; observe the methods and prlnciples in the Charities SORP,. make judgments and accounting estimates that are reasonable and prudent,. prepare the financlal statements on the going concern basis unless it is inappropriate to presume that the charity will continue in bu5inpss. The Trustees a￿ ￿sponSible for keeping accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial p051tion of the charity and enable them to ensure that the flnancial statements comply with the Charities Act 2011 and regulations made thereunder. They are also responsible for safeguarding the assets of the charity and hence for taklng reasonable steps for the preventlon and detertion of fraud and other Irregularities. Investment Pollcy The Trustees aim to maintain and increase the value of the fund in real tem15 through a balanced portfolio including a substsntlal proportion of professionally managed collective investment fund5, and to maintain yield and regular cash flow in order to meet the income required and the incldence of gifts. Risk Management The Trustees have identified the major rlsks to which the charity is exposed and have established controls to mitigate these risks. Approved by the Trustees on 2026 and slgned on their behalf by: . Trustee Judith Goodison INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT I repKJrt to the trustees on my examinailon of the accounts of the Nicholas and Judith GI￿lsOn'S Charitsble Settlement (the Charity) for the year ended 5th April 2026, which comprise the Statement of Financial Activities, the Balan￿ Sheet and related notes. This rewrt is made to the Trustees, as a body, in accordan￿ with the terms of my engagement. my work has been undertaken so that I might carry out an Independent Examination of the flnancial statements in accordance with the General Direction5 glven by the Charity Commissioners. To the fullest extent permltted by law, I do not ac￿pt or assume responsibility to anyone other than the Charity and the Charity's Trustees as a bxjdy for my work or for this report. Responsibilities and basis of report As the charity trustees of the Charty you are responsible for the preparation of the accounts in accordan with the ￿quIrements of the Charities Act 20111'the Act,). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Art and in carrylng out my examination I have followed all applicable Directions glven by the Charity Commission under sectlon 145(5llb) of the Act. Independent exarniner's statement I have completed my examination, I conflrm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept In respect of the Charity as required by sectlon 130 of the Act; or the accounts do not accord wlth those records,. or the accounts do not comply with the applicable requirements conceming the fom) and content of accounts set out in the Charltles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understandlng of the accounts to be reached. Greg Stevenson FCA Knox Cropper LLP Chartered Accountants 65 Leadenhall Street London EC3A 2AD V'T¥ 2026 NICHOLAS AND JUDITH GOODISON'S CHARITABLE SE￿LEMENT STATEMENT OF FINANCIAL ACTIvrrIES YEAR ENDED 5 APRIL 2026 Unrestricted Funds 2026 2025 Income From Donations and legacies Investments 79,288 86,360 Total Income 79,288 86,360 Expenditure on Raising Funds - Investment Management Custody Charges 270 Charitab5e actNities 62,010 71,480 Total Expenditure 62,010 71,750 17,278 14,610 Net {Gains)ILosses on investments 317,906 {6,090) Net Incomel(Expenditure) and Net movement in funds 335,184 8,520 Fund balances brought forward at 6 April 2025 1,803,764 1,795,244 Fund balances carried forward at 5 April 2026 £2,138,948 £1,803,764 All amounts relate to continuing activities. NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT BALANCE SHEET AS AT 5 APRIL 2026 2026 2025 Notes FIXED ASSErs Investments 1,948,256 1,631,413 CURRENT ASSETS Debtors Cash at bank 191,742 173,371 191,742 173,371 CREDrroRS'. Independent Examiners Fees 1,050 1,020 NET CURRENT ASSETS 190,692 172,351 NET ASSETS £2,138,948 £1,803,764 UNREsfRICTED FUNDS £2,138,948 £1,803,764 Approved and authorised for issue by the Trustees on 2026 and signed on their behalf.. Judith Goodison NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2026 ACCOUNTING POLICIES (a) Basls of Preparatlon and Assessment of golng concern The accounts have been prepared under the historical cost conventlon wlth the exception of investments which are included at market value. The financial statement5 have been prepared in accordan￿ with the Statement of Recommended practi￿.. Accounting and Reporting by Charities preparing their accounts in accordan￿ with the Financial ReFK)rting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1st January 20151 and the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland (FRS 1021 and the Charities Act 2011. The accounts have been prepared to give a 'true and fair view, and have departed from the Charities (Accounts and Reports) Regulations 2006 only to the extent required to provide a 'true and fair view,. This departure involved following Accounting and Reporting by Charlties preparlng their accounts in accordance with the Flnancial Reportlng Standard applicable In the UK and Republic of Ireland (FRS1021 issued on 16 July 2014 rather than the Accounting and Reporting by Charities Statement of Recommended Practlce effectlve from l April 2005 which has SIn￿ been withdrawn. The Charity constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a golng concern. {b) Investments Investments are a form of basic financial investment and are initially recognised at their transaction value and subsequently measured at fair value as at the balance sheet date using the closlng quoted market pri￿. The statement of financial activities includes the net gain5 and losses arising on revaluatlons and dlsposals throughout the year. Reallsed gains and losses on investments are calculated as the differen￿ ktween sales proceeds and their opening carrying value or their purchase value if acquired 5ub5equent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. {c) Investment income Investment income is included on a receipts basis. {d) Voluntary income Voluntary income represents the value of gifts of shares and cash from the Settlors, together with cash donations to the Charity. (e) Donatlons made Donations made represent gifts for the purposes of arts and education as agreed by the Trustees. Donations are recognised when control over the conditions to sètlsfy the donatlons has passed to the recipient. Amounts which have been offered, but where conditions have not yet been satisfied are dlsclosed as commitments. NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2026 INVESTMENT INCOME 2026 2025 Investments Dividends 7,641 11,199 Unit Trust Income 61,171 70,551 Fixed Interest 2,548 Interest 3,473 181 Other Invesbment Income 1,825 1,578 76,658 83,509 2,851 Bank Interest 2,630 £79,288 £86,360 CHARITABLE ACTIVITIES Gifts to the Arts and Arts Education (see below) Support C05ts- Independent Examination Bank Charges 60,900 1,050 60 £62,010 70,400 1,020 60 £71,480 Llst of donatlons 2026 2025 Academy of Ancient Music Academy of St Martin in the Fields Attingham Trust ArtUK Courtauld Institute of Art Crafts Council Echo Vocal Ensemble Ely Cathedral Organ English National Opera Fitswilliam Museum Furniture History Society Huguenot Museum National Gallery National Life Stories National Museum of Wales NMC Recordings Royal Soclety of Sculptors Sir Joseph Banks Archive Project Tate Foundation Victoria and Albert Museum Wigmore Hall Trust Wiltons Music Hall 3,000 2,000 8,000 1,500 3,000 3,000 3,000 3,000 3,000 1,000 2,000 3,000 5,000 10,000 3,000 5,000 8,000 2,000 10,000 10,000 1,000 2,000 5,000 2,000 3,000 10,000 2,400 3,000 5,000 7,400 2,000 Total £60,900 £70,400 NICHOLAS AND JUDrrH GOODISON'S CHARrrABLE SETfLEMENT NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2026 EMPLOYEE AND TRUSTEE INFORMATION The Settlement has no employees, and the Trustees received no remuneratlon and received no reimbursement for expenses In connertion wlth their duties during the year. FIXED ASSET INVEsfMENTS 2026 2025 Quoted Investments Market value at 6 April 2025 Sales proceeds Purchases Realised Gains Gains1(Lossesl on Revaluation at 5 April 2026 1,627,117 (551,090) 349,109 28,699 289,207 1,633,207 (6,090) Market value at 5 April 2026 Cash deposits 1,743,042 205,214 1,627, 117 4,296 £1,948,256 El,631,413 Historical cost £1,223,193 El,369,714 The portfolio included the following holdings which each comprlsed more than 5% of the total value.. Schroders Charity Equity Value A Inc M&G Investment For Charities Inc Quilter Investments Income & Equity Lloyds Banking Group Artemis Fund Managers Income I 606,798 454,818 209,710 140,910 137,688 DEBTORS 2026 2025 Interest ReceNable RELATED PARTY TRANSACTION Judlth Goodlson, a Trustee, is a Patron of the Attingham Trust to which the Settlement granted £8,000 (2025.. £3,000). There are no other related party transattions. NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 5 APRIL 2026 KNOX CROPPER NICHOLAS AND JUDITH GOODISON'S CHARITABLE SE￿LEMENT FINANCIAL sYATEMENTS AND TRUSTEES REPORT REGISTERED CHARrrY NO. 1004124 YEAR ENDED 5 APRIL 2026 CONTENTS CON￿LrrIoNAL D￿AILs TRusfEES' REPORT INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL AcrtvrrtES BALANCE SHE NOTES TO THE ACCOUNTS NICHOLAS AND JUDITH GOODISON'S CHARITABLE SE￿LEMENT CONSTITUTZONAL DETAIL GOVERNING DOCUMENT AND CONSTITLrrIoN Nicholas and Judith Goodison's Charitable Settlement (prevlously named Sir Nicholas and Lady Goodison's Charitable Settlement) is registered as a charity under charity number 1004124. The charity is governed by a Trust Deed dated 5 April 1991. OBJECTIVES The trust can apply income or capital to general charitsble purposes. The trustees, policy is to concentrate on gifts to the arts and for arts education. TRUSTEES Adam Goodison Judith GcM)dison Katharine GcM)dison Rachel Goodison TRusfEES ADDRESS PO Box 55589 London SW7 9EW INDEPENDENT EXAMINERS G N Stevenson FCA Knox Cropper LLP 65 Leadenhall Street London EC3A 2AD BANKERS AND STOCKBROKERS CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ Qullter Cheviot 6th Floor, One Centenary Way Bimiingham B3 3AY NICHOLAS AND JUDITH GOODISON'S CHARThABLE SEThLEMENT TRUSTEES. REPORT Status and Polldes The Settlement is a Charitable Trust registered with the Charity Commisslon number 1004124. The Trustees were appointed by the Settlors, who have the power to appoint trustees during their lifetime. New Trustees are provided with all relevant information when appointed,, all trustees are kept up to date with any new information. The Trustees have powers, under the Settlement dated 5 April 1991, to apply elther income or capital to general charitable purposes. There are no restricted funds. Donations are fInan￿d by income from the Trusvs investments and occasionally by drawlng from the Tnjst's capital. There are no restrictions on the Trustees, investment tX)wers. The Trustees, policy is to con￿ntrate on gifts to the arts and for arts education. The Trustees re-named the Settlement 'Nicholas and Judith Goodison's Charltable Settlement, in December 2001. Report for the year ended 6 April 2026 This year gifts in the field of visual arts were made to the Attlngham Trust for a scholarship, and a contribution towards Dame Rosalind Savill's memorial scholarship fund,. also to the Tate Foundation to help with the Gallery's eX￿ptIonal archives of 20th Century artists. The Trustees also made grants to the Royal Society of Sculptors towards renovation and improvement of their building; to the Victoria and Albert Museum towards furniture con5ervation,' to the Fitzwilliam Museum towards continuing to acquire Britlsh craft,. to the Furniture History Society for the Journal Fund; to the Crafts Council to add to their unique collertion of contemporary British crafts; and to Art UK for their Ceramics Digitisation Scoping Project. Grants to musical charities included the Academy of Ancient Music, English National Opera for thelr Harewood Young Singer5 scheme, The Academy of St Martin's in the Field, and Echo Vocal Ensemble. Other grants included Wilton's Music Hall, and Ely Cathedral for the conservation of their organ. The Trustees confirm that they have had due regard to the public ￿nefit guidan￿ published by the Charity Commission when planning activities and setting grant-making policies. The Trustees have identified the major risks to whlch the charity is exposed and have established systems to mitigate those risks. The Trustees consider the level of reserves approprlate Sn the Ilght of thelr future plans and overall policy, and Intend to continue with similar donation policies in future year5. NICHOLAS AND JUDITH GOODISON'S CHAIUTABLE SE￿LEMENT TRUSTEES, REPORT Flnancial Revlew The settlement received income of £79,288 from Investments Income and Interest. Expenditure, in respect of Charitable Activities amounted to £62,010. Gains on investments amounted to £317,906 with investment5 amountlng to £1,948,256 at the year end. The Trustees consider the level of reserves appropriate in the light of their future plans and overall policy. The resultsnt net income of £335,184 for the year saw unrestricted ￿serveS InC￿aSe to £2,138,948. Reserves Pollcy All the Sethemenys Reserves are unrestricted and are held for their investment returns to fund future grants. At the year end Unrestricted Rese￿eS amounted to £2,138,948. The Trustees conslder the level of reseNes sufficient in the light of their future plans and overall policy. The Trustees are responsible for p￿parIng the Trustees, annual report and the financlal statements in accordan￿ with applicable law and United Klngdom Accounting Standard5 {United Kingdom Generally Accepted Accounting Practice). Charity Saw requires the trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of the incomlng resources and application of resources of the charity for the year. In preparing those financial 5tatement5 the trustees are required to.. select suitsble accountlng policies and then apply them consistently; observe the methods and prlnciples in the Charities SORP,. make judgments and accounting estimates that are reasonable and prudent,. prepare the financlal statements on the going concern basis unless it is inappropriate to presume that the charity will continue in bu5inpss. The Trustees a￿ ￿sponSible for keeping accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial p051tion of the charity and enable them to ensure that the flnancial statements comply with the Charities Act 2011 and regulations made thereunder. They are also responsible for safeguarding the assets of the charity and hence for taklng reasonable steps for the preventlon and detertion of fraud and other Irregularities. Investment Pollcy The Trustees aim to maintain and increase the value of the fund in real tem15 through a balanced portfolio including a substsntlal proportion of professionally managed collective investment fund5, and to maintain yield and regular cash flow in order to meet the income required and the incldence of gifts. Risk Management The Trustees have identified the major rlsks to which the charity is exposed and have established controls to mitigate these risks. Approved by the Trustees on 2026 and slgned on their behalf by: . Trustee Judith Goodison INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT I repKJrt to the trustees on my examinailon of the accounts of the Nicholas and Judith GI￿lsOn'S Charitsble Settlement (the Charity) for the year ended 5th April 2026, which comprise the Statement of Financial Activities, the Balan￿ Sheet and related notes. This rewrt is made to the Trustees, as a body, in accordan￿ with the terms of my engagement. my work has been undertaken so that I might carry out an Independent Examination of the flnancial statements in accordance with the General Direction5 glven by the Charity Commissioners. To the fullest extent permltted by law, I do not ac￿pt or assume responsibility to anyone other than the Charity and the Charity's Trustees as a bxjdy for my work or for this report. Responsibilities and basis of report As the charity trustees of the Charty you are responsible for the preparation of the accounts in accordan with the ￿quIrements of the Charities Act 20111'the Act,). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Art and in carrylng out my examination I have followed all applicable Directions glven by the Charity Commission under sectlon 145(5llb) of the Act. Independent exarniner's statement I have completed my examination, I conflrm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept In respect of the Charity as required by sectlon 130 of the Act; or the accounts do not accord wlth those records,. or the accounts do not comply with the applicable requirements conceming the fom) and content of accounts set out in the Charltles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understandlng of the accounts to be reached. Greg Stevenson FCA Knox Cropper LLP Chartered Accountants 65 Leadenhall Street London EC3A 2AD V'T¥ 2026 NICHOLAS AND JUDITH GOODISON'S CHARITABLE SE￿LEMENT STATEMENT OF FINANCIAL ACTIvrrIES YEAR ENDED 5 APRIL 2026 Unrestricted Funds 2026 2025 Income From Donations and legacies Investments 79,288 86,360 Total Income 79,288 86,360 Expenditure on Raising Funds - Investment Management Custody Charges 270 Charitab5e actNities 62,010 71,480 Total Expenditure 62,010 71,750 17,278 14,610 Net {Gains)ILosses on investments 317,906 {6,090) Net Incomel(Expenditure) and Net movement in funds 335,184 8,520 Fund balances brought forward at 6 April 2025 1,803,764 1,795,244 Fund balances carried forward at 5 April 2026 £2,138,948 £1,803,764 All amounts relate to continuing activities. NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT BALANCE SHEET AS AT 5 APRIL 2026 2026 2025 Notes FIXED ASSErs Investments 1,948,256 1,631,413 CURRENT ASSETS Debtors Cash at bank 191,742 173,371 191,742 173,371 CREDrroRS'. Independent Examiners Fees 1,050 1,020 NET CURRENT ASSETS 190,692 172,351 NET ASSETS £2,138,948 £1,803,764 UNREsfRICTED FUNDS £2,138,948 £1,803,764 Approved and authorised for issue by the Trustees on 2026 and signed on their behalf.. Judith Goodison NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2026 ACCOUNTING POLICIES (a) Basls of Preparatlon and Assessment of golng concern The accounts have been prepared under the historical cost conventlon wlth the exception of investments which are included at market value. The financial statement5 have been prepared in accordan￿ with the Statement of Recommended practi￿.. Accounting and Reporting by Charities preparing their accounts in accordan￿ with the Financial ReFK)rting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1st January 20151 and the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland (FRS 1021 and the Charities Act 2011. The accounts have been prepared to give a 'true and fair view, and have departed from the Charities (Accounts and Reports) Regulations 2006 only to the extent required to provide a 'true and fair view,. This departure involved following Accounting and Reporting by Charlties preparlng their accounts in accordance with the Flnancial Reportlng Standard applicable In the UK and Republic of Ireland (FRS1021 issued on 16 July 2014 rather than the Accounting and Reporting by Charities Statement of Recommended Practlce effectlve from l April 2005 which has SIn￿ been withdrawn. The Charity constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a golng concern. {b) Investments Investments are a form of basic financial investment and are initially recognised at their transaction value and subsequently measured at fair value as at the balance sheet date using the closlng quoted market pri￿. The statement of financial activities includes the net gain5 and losses arising on revaluatlons and dlsposals throughout the year. Reallsed gains and losses on investments are calculated as the differen￿ ktween sales proceeds and their opening carrying value or their purchase value if acquired 5ub5equent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. {c) Investment income Investment income is included on a receipts basis. {d) Voluntary income Voluntary income represents the value of gifts of shares and cash from the Settlors, together with cash donations to the Charity. (e) Donatlons made Donations made represent gifts for the purposes of arts and education as agreed by the Trustees. Donations are recognised when control over the conditions to sètlsfy the donatlons has passed to the recipient. Amounts which have been offered, but where conditions have not yet been satisfied are dlsclosed as commitments. NICHOLAS AND JUDITH GOODISON'S CHARITABLE SErrLEMENT NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2026 INVESTMENT INCOME 2026 2025 Investments Dividends 7,641 11,199 Unit Trust Income 61,171 70,551 Fixed Interest 2,548 Interest 3,473 181 Other Invesbment Income 1,825 1,578 76,658 83,509 2,851 Bank Interest 2,630 £79,288 £86,360 CHARITABLE ACTIVITIES Gifts to the Arts and Arts Education (see below) Support C05ts- Independent Examination Bank Charges 60,900 1,050 60 £62,010 70,400 1,020 60 £71,480 Llst of donatlons 2026 2025 Academy of Ancient Music Academy of St Martin in the Fields Attingham Trust ArtUK Courtauld Institute of Art Crafts Council Echo Vocal Ensemble Ely Cathedral Organ English National Opera Fitswilliam Museum Furniture History Society Huguenot Museum National Gallery National Life Stories National Museum of Wales NMC Recordings Royal Soclety of Sculptors Sir Joseph Banks Archive Project Tate Foundation Victoria and Albert Museum Wigmore Hall Trust Wiltons Music Hall 3,000 2,000 8,000 1,500 3,000 3,000 3,000 3,000 3,000 1,000 2,000 3,000 5,000 10,000 3,000 5,000 8,000 2,000 10,000 10,000 1,000 2,000 5,000 2,000 3,000 10,000 2,400 3,000 5,000 7,400 2,000 Total £60,900 £70,400 NICHOLAS AND JUDrrH GOODISON'S CHARrrABLE SETfLEMENT NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2026 EMPLOYEE AND TRUSTEE INFORMATION The Settlement has no employees, and the Trustees received no remuneratlon and received no reimbursement for expenses In connertion wlth their duties during the year. FIXED ASSET INVEsfMENTS 2026 2025 Quoted Investments Market value at 6 April 2025 Sales proceeds Purchases Realised Gains Gains1(Lossesl on Revaluation at 5 April 2026 1,627,117 (551,090) 349,109 28,699 289,207 1,633,207 (6,090) Market value at 5 April 2026 Cash deposits 1,743,042 205,214 1,627, 117 4,296 £1,948,256 El,631,413 Historical cost £1,223,193 El,369,714 The portfolio included the following holdings which each comprlsed more than 5% of the total value.. Schroders Charity Equity Value A Inc M&G Investment For Charities Inc Quilter Investments Income & Equity Lloyds Banking Group Artemis Fund Managers Income I 606,798 454,818 209,710 140,910 137,688 DEBTORS 2026 2025 Interest ReceNable RELATED PARTY TRANSACTION Judlth Goodlson, a Trustee, is a Patron of the Attingham Trust to which the Settlement granted £8,000 (2025.. £3,000). There are no other related party transattions.