THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993
Registered Charity Number: 1035453
FINANCIAL STATEMENTS
for the year ended
05 April 2025
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: | 50 Wildwood Road |
| London | |
| NW3 7AP | |
| Independent Examiners: | Fisher Phillips LLP |
| Chartered Accountants | |
| Summit House | |
| 170 Finchley Road | |
| London | |
| NW3 6BP |
THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993
TRUSTEES REPORT FOR THE YEAR ENDED 05 APRIL 2025
The trustees present their report and the accounts for the year ended 05 April 2025.
Administrative details
| Administrative details | |
|---|---|
| Principal office: | 50 Wildwood Road |
| London | |
| NW11 6UP | |
| Trustees | J B Gould |
| S Gould | |
| L J Gould | |
| S H Gould | |
| M S Gould | |
| Registered Charity Number: | 1035453 |
| Independent Examiners: | Fisher Phillips LLP |
| Chartered Accountants | |
| 170 Finchley Road | |
| London NW3 6BP |
Structure, Governance and Management
The trust was created by a Deed of Settlement made on 18 December 1993 between Sidney Gould (the Settlor) and Lawrence Jonathan Gould, Simon Hilary Gould and Matthew Stephen Gould (the trustees).
The present trustees, who served throughout the year, are Jean Gould, Sidney Gould, Lawrence Gould, Simon Gould and Matthew Gould.
The trust funds are held upon trust, as to capital and income, to pay or apply the whole or such parts to or for the benefit of such charitable objects and purposes as the trustees in their absolute discretion think fit.
The trustees may have regard to, but shall not be bound by, the settlors' wishes expressed from time to time.
The trustees named on the first page have served as detailed. Appointment of trustees is governed by the trust deed. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
The trust's limited scale of operations means that there is no formal organisational structure. Training is, and will continue to be, provided as and when new trustees are inducted.
As the trust continues to rely upon investment income for its incoming resources, its major risk is that of poor investment performance. To mitigate this risk, the trustees review investment performance on a regular basis and ensure that the charity's portfolio of investments is well balanced.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning future activities.
Summary of activities and main achievements
The objects of the Trust are to provided general education and training through other charitable or voluntary bodies by making donations to these bodies.
The trustees are satisfied with the financial performance of the trust in this year. The trust made donations of £96,600 (2024: £105,622) to charities in the year and the net loss for the year before other recognised gains and losses of £67,270 (2024: £70,492) is in line with the expectations of the trustees. The net decrease in funds for the year of £131,832 (2024: £73,890) was after unrealised loss of £64,562 (2024: £20,927 gain) and realised loss of £nil (2023: £24,327) on investments.
Development and future plans
There are no immediate plans to alter the way in which the Trust is run nor the way in which the income is expended.
The trustees policy on reserves is to maintain a sum sufficient to enable the trust to continue to support the chosen charities in future years.
This report was approved by the Trustees on 28[th] January 2026 and signed on their behalf.
L Gould
Trustee
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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 05 April 2025 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
28[th] January 2026
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 05 APRIL 2025
| Notes Income from: Investments: Dividends and interest on investments Bank interest Sundry Income Total income Expenditure on: Charitable donations Governance costs Bank Charges 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 2024 Total funds carried forward at 05 April 2025 |
2025 £ 28,497 1,283 - 29,780 (96,600) (450) - (97,050) (67,270) (64,562) (131,832) 857,390 725,558 |
2024 £ 35,607 149 - |
|---|---|---|
| 35,756 (105,622) (600) (25) |
||
| (106,247) | ||
| (70,492) | ||
| (3,400) | ||
| (73,890) 931,280 |
||
| 857,390 |
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 CHARITABLE TRUST OF 18 DECEMBER 1993
BALANCE SHEET AS AT 05 APRIL 2025
| Notes FIXED ASSETS Listed Investments 3 CURRENT ASSETS Cash at bank and in hand CREDITORS:Amounts falling due within one year NET CURRENT ASSETS CAPITAL AND RESERVES Unrestricted funds - includes revaluation reserve of £423,249 (2024: £444,141) TOTAL ASSETS LESS CURRENT LIABILITIES |
£ £ 661,558 64,000 725,558 - 725,558 725,558 725,558 725,558 2025 |
£ £ 726,120 131,420 857,540 (150) 857,690 857,690 857,390 857,390 2024 |
£ £ 726,120 131,420 857,540 (150) 857,690 857,690 857,390 857,390 2024 |
|---|---|---|---|
| 857,690 | |||
| 857,390 | |||
| 857,390 |
The financial statements were approved by the Trustees on 28[th] January 2026.
S Gould
Trustee
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THE GOULD CHARITABLE TRUST OF 18 DECEMBER 1993
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 APRIL 2025
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 06 April 2024 Additions Disposal proceeds Net investment gains/(loss) Market value as at 05 April 2025 Historic cost as at 05 April 2025 |
2025 £ 726,120 - - (64,562) |
2024 £ 913,400 - (208,207) 20,927 |
|---|---|---|
| 661,558 | 726,120 | |
| 281,979 | 281,979 |
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