## **THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993** **Registered Charity Number: 1035453** ## **FINANCIAL STATEMENTS** **for the year ended** **5 April 2023** ## **THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993** ## **CHARITY INFORMATION** |**Trustees:**|J B Gould| |---|---| ||S Gould| ||L J Gould| ||S H Gould| ||M S Gould| |**Charity number:**|1035453| |**Business address:**|Flat 1| ||Oak Lodge| ||67 West Heath Road| ||London NW3 7AP| |**Independent Examiners:**|Fisher Phillips LLP| ||Chartered Accountants| ||Summit House| ||170 Finchley Road| ||London| ||NW3 6BP| THE COULD CHARITABI.E TRU8T OF 18 DF.C.EP+lBCR 1993 TRU5TEKS REPORT FOR THE YEAR EM)ED 05 APtUL 2023 The nustees presenl theirrepft and th¢ acc￿￿15 for the year ended 5 April 2023. Adminlstv$ilve dci*ll$ ncipal offic¢.. OakLodgc 07 We8t Heath Road London NW3 7AP Ttyste¢s J B fjould S Qoll￿d L J Gould S El Gould M S Gould R￿s￿red ch￿lty NumbeT'. 1035453 Illdependtnl ExamllL¢rs'. Fishei Phillips LLP Chirtered Accoun￿￿t5 170 Finchlcy Ro8d London NW3 6BP Slru¢luYo, Cov¢rnznte #nd Man#gemeot The irllsl Nvas ¢realed by a Deed of Seitlemenl Inade Ott 18 tl¢¢einber 1993 bettveen SidAey Gould (the Settloyl and l•wrence Jortaih8nGuuld, Siffloll Hilaryfjould and Matthcw si¢phen Gould (the Irusleesl. The present Iw*ee$, who Smcd tbTougknul the year, are Jean Gould, Sidney Gould. LDwrtD¢È fjould, Simon Gould 4ttd Mallh¢w Gould. The trn$t funds at¢ htld upott tsusi, B8 to r#pithl attd in¢om¢. to pay ot apply Ibe whole or sucb parts lo or for lh¢ b￿¢￿* of chatilabl¢ oty"&tsaodpurposes Js the I￿ste¢S illtheir #b￿01￿1¢ discTetioD ihiDk fit. The tTUSlec$ wy havc irsard lo. bul shall not be bound by* Ibesettlors. Msh¢iexpre55ed from iiThe lo time. Th¢ trllslees llanjed OD lh¢ f￿5¢ pagE knvc seived as delllilc& Appo¢Dlroellt of IYu51ees Ig gtsverned by Ihc Iw%I deed. Th¢ BoaTd or Twstee5 is oiiihoriscd to 4ppDinl new trusi¢es lo fLII v&c&ncies origing Ihrousli T¢$¢gii&lion or deAth of existing truste¢. The Iru51'8 liinitcd scale of operations tnENts$ thai ihEre ig no foTmal org&nisatioDal Ttastiing will colllinu¢ 10 be. idcdjs 8]yJ new Iwst¢eS are lAd￿Cl¢d. As the trust cojiiinvex 10 rely upoJ2 inve51menl irtcorne foT tts incon)iD8 resource4 118 major risk that of poor inve51m¢ni perfomi3n¢c. To iniiiggtellus risk. th¢ m]slee$r¢view iDve$iinenl perfonnanceon& rcsulorbAsis &rtd cnswe thHI th¢ ¢h2rilY5PQrtfolio of inv¢$imentS i5 well b818nced. The Irusittg have rcfctr¢d lo the guid8nce cottiain¢d iD the Clkaftty Cotnmisgion'sweral smidancc publi¢ bellefil wh¢n reviewing the airns and objcrttyes and plllnJ>ittg fuiurea¢tiVlties. SuFDthary of 4Ctlvitles mairt &¢hl¢vcmonts T￿ obje¢is of Ihc Tru&t Dr¢ to provided g¢neral eduraiion 8lld tta¢Dsng through oth¢r thBritable or YoknDtBry blxiieg by Nki*g donation$ 10 thesebodi¢s. ThetrUSlttS arc $aiisfied withthe financial perfornihnceof the mist itt this year. The trust made dDnations of £74,8tK)12022.. £86,154) 14) diariiies jii III¢y¢8r8nd Ihe n¢i105s for Ihe year befDre olher rcco8nlStd gains und losses of £33,005 12022.. £40,960) is lii)r ivklh the ¢xpeciBlions of Ibe Iru&l¢es. Th¢ nel dr¢rcase in fvnd8 for Ihe year of £390.212 12022.. £59,983) was after unrealiscd10ss of £357,20712022.. £7,687) and realised logs of £Nil12022.. £4,3J6} on invesimcnl$. Deyglopment RDd fvlure pla￿3 Ther¢ 8re no itnin¢diale plall5 kn alltr th¢way in wbi¢h Ibe TFU5t iB Yilll Dortbe way its which the income i5 cxp¢nde4. Th¢ tru5tces policyon r￿rYeS Is 10 DJ8IDIAin a siiffici¢ni to ¢nabkth¢ Iwgt lo cootitsu¢ to support Ibe chosell ¢hgritics in fiiturr Thts report was ypproved by thE Tru5tetJ 15 J£llu•ry 2024 itEDed th¥lr bebalr. S Gould. Trustee ## **THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993** I report on the accounts of the charity for the year ended 5 April 2023 which are set out on pages 3 to 6. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act; - follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act 2011),and - state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair" view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - 1) which gives me reasonable cause to believe that, in any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act 2011; and - to prepare accounts which accord with the accounting records - have not been met; or - 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Caroline Harvey FCCA CTA** 15 January 2024 Fisher Phillips LLP Chartered Accountants Summit House 170 Finchley Road London NW3 6BP 2 ## **THE GOULD CHARITIBLE TRUST OF 18 DECEMBER 1993** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING SUMMARY INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 5 APRIL 2023** |**Notes**
**Income from:**
Investments:
Dividends and interest on investments
Bank interest
Sundry Income
**Total income**
**Expenditure on:**
Charitable donations
**4**
Governance costs
Foreign exchange (loss) / profit
**Total expenditure**
**Net income/(expenditure) before net gains/(losses)**
Net gains/(losses) on investments
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward at 06 April 2022
**Total funds carried forward at 05 April 2023**|**2023**
**£**
**42,180**
**65**
**-**
**42,245**
**(74,800)**
**(450)**
**-**
**(75,250)**
**(33,005)**
**(357,207)**
**(390,212)**
**1,321,492**
**931,280**|**2022**
**£**
**38,774**
**4**
**-**| |---|---|---| |||**38,778**
**(86,154)**
**(787)**
**203**| |||**(86,738)**| |||**(47,960)**| |||**(12,023)**| |||**(59,983)**
**1,381,475**| |||**1,321,492**| All funds held are unrestricted funds. The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 3 THE GOULD CHAIUTABI,R I'RUST OF 18 DfiCEMBER 1993 BALANCE SHEET AS AT 5 APRIL 2023 2023 2022 Not¢5 FIXED ASSLTS Lisled Investments 913,40LI 1,270,6( CURRENT ASSEIS Cash al bank and in hand 17,880 $0,8YS 931,280 1,311,492 CREDITORS: Ay)￿U￿￿ falling du¢ wÈihin one year NET CURRENT ASSETS 931,280 1.321,492 TOTAL ASSETS LESS CURRENT LIABILITILS 931,280 1,321,J92 CAPITAL AND RESERVES Unrestticted funds- in¢ludes revaluatioo reserve of 931,280 1,321,492 £631.421 (2022.. £988,629) 931,280 1,321,492 The financial staiemettts were approved by the TNste¢s ort 15 January 2024. S Gould Tru51¢¢ ## **THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023** ## **1. ACCOUNTING POLICIES** ## 1.1 **Accounting convention** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102). The charity meets the definition of a public benefit entity under FRS 102. ## 1.2 **Income** Incoming resources comprise investment income and donations and are recognised when received. ## 1.3 **Expenditure** Expenditure is included in the statement of financial activities when paid and inclusive of VAT. ## 1.4 **Fund accounting** Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the objectives of the Charity and which have not been designated for other purposes. No restricted funds are held. ## 1.5 **Foreign currencies** Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities are retranslated at the rate of exchange ruling at the balance sheet date. All differences are taken to the SOFA. ## **2. STAFF COSTS AND TRUSTEES' REMUNERATION** The charity does not employ any staff nor are any trustees remunerated. ## **3. LISTED INVESTMENTS** Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year. |Market value as at 6 April 2022
Additions
Disposal proceeds
Net investment gains/(loss)
Market value as at 5 April 2023
Historic cost as at 5 April 2023|**2023**
**£**
1,270,607
-
-
(357,207)|**2022**
**£**
1,318,453
1,148
(36,971)
(12,023)| |---|---|---| ||913,400|1,270,607| ||281,979|281,979| 5 **THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023** ## **4. CHARITABLE DONATIONS** |**Donations were made to the following charities in the year:-**
Bert Halochem
Chai Cancer Care
Chicken Soup Shelter
CST
Dignity in Dying
English Touring Opera
Hampstead Synagogue
Holocaust Learning
JAMI
Jewish Care
Jewish Womens Aid
Kol Nidre Appeal
Langdon
Norwood
One to One
Orchestra of Age Enlightenment
Pakistan Floods Appeal
Spread a Smila
St Catherines College
Trussell Trust
UJIA
World Jewish Relief
Worldwide Vets
Zoological Society of London|**£**
2,500
1,000
1,000
1,000
500
1,000
1,000
1,000
1,500
3,500
1,000
2,000
1,500
1,500
10,000
100
4,000
5,000
500
1,000
27,000
1,000
1,200
5,000| |---|---| ||**74,800**| 6