Charity number: 1053984
THE JORDAN MAX GOODMAN CHARITABLE TRUST
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
THE JORDAN MAX GOODMAN CHARITABLE TRUST
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 3 |
| Trustees' Responsibilities Statement | 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 - 13 |
THE JORDAN MAX GOODMAN CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025
Trustees Mrs I Goodman Mr A Goodman Mr T Goodman
Charity registered number 1053984 Principal office Amberley Totteridge Green London N20 8PE Independent examiner Harris and Trotter LLP 101 New Cavendish Street 1st Floor South London W1W 6XH
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2025
The Trustees present their annual report together with the financial statements of the Charity for the year 6 April 2024 to 5 April 2025.
The trustees confirm that the annual report and financial statements of the charity comply with the Charities Act 2011, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities”.
Reference and administrative details of the charity and its trustees:
The Jordan Max Goodman Charitable Trust Charity number 1053984
Correspondence address: Amberley Totteridge Green London N20 8PE
The trustees who served during the year were: Mr A Goodman Mrs I Goodman Mr T Goodman
a. Structure, governance and management
The charity was formed under a trust deed dated 21 February 1996. The management of the charity is vested in the body of trustees.
Future trustees shall be appointed by resolution of the existing trustees.
b. Strategies for achieving objectives
The trustees shall hold the trust fund and its income upon trust to apply them for such charitable purposes and to make donations to such charitable institution or institutions at such time or times in such manner as the trustees in their absolute discretion think fit.
c. Achievements and performance
During the year the charity made donations of £194,340 (2024: £144,603) to various organisations. Total incoming resources amounted to £227,475 (2024: £163,557) The charity will continue to meet its objectives in line with its charitable purpose. The trustees confirm that they have considered the Commission’s guidance on public benefit when reviewing the charity’s objectives and activities.
d. Risk
An assessment of the potential risks faced by the charity has been undertaken by the trustees and they deem sufficient controls are in place to mitigate the risks faced.
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
(continued)
e. Financial review
The Statement of Financial Activities on page 6 shows a net surplus for the year of £31,096 (2024:17,170). The balance of unrestricted funds as at 5 April 2025 was £271,845 (2024: £240,749).
f. Financial Reserves Policy
It is the policy of the charity to maintain unrestricted funds which have not been designated for a specific use at a level as the trustees see fit.
g. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Approved by order of the members of the board of Trustees and signed on their behalf by: ’
_________ Se eecinaminett™# ~~nal Mr A Goodman (Trustee)
Date: 28/01/2026
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2025
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on its behalf by: el “’ fr, “hy \ . " _________ Mr A Goodman (Trustee) Ps - * . F F & ; “hag ~ 5 5 Mipetre 4 Date: Se 28/01/2026 eecinaminett™# ~~nal
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2025
Independent Examiner's Report to the Trustees of The Jordan Max Goodman Charitable Trust ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2025.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Your attention is drawn to the fact that the Charity has prepared the accounts 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (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 understanding of the accounts to be reached.
Signed: Zarr- Leonarol Dated: 28/01/2026
Harris And trotter LLP
101 New Cavendish Street, 1st Floor South, London W1W 6XH
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
| Note Income from: Donations and legacies 2 Total income Expenditure on: Charitable activities: Grants paid Governance costs Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 227,475 227,475 194,340 2,039 196,379 31,096 240,749 31,096 271,845 |
Total funds 2025 £ 227,475 227,475 194,340 2,039 196,379 31,096 240,749 31,096 271,845 |
Total funds 2024 £ 163,557 |
|---|---|---|---|
| 163,557 | |||
| 144,603 1,784 |
|||
| 146,387 | |||
| 17,170 | |||
| 223,579 17,170 |
|||
| 240,749 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 13 form part of these financial statements.
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
BALANCE SHEET AS AT 5 APRIL 2025
| 2025 | 2025 | 2024 | ||||
|---|---|---|---|---|---|---|
| Note | £ | £ | ||||
| Current assets | ||||||
| Debtors | 7 | 78,103 | 32,608 | |||
| Cash at bank and in hand | 195,742 | 208,141 | ||||
| 273,845 | 240,749 | |||||
| Current liabilities | ||||||
| Creditors: amounts falling due within one | ||||||
| year | 8 | (2,000) | - | |||
| Net current assets | 271,845 | 240,749 | ||||
| Total assets less current liabilities | 271,845 | 240,749 | ||||
| Net assets excluding pension asset | 271,845 | 240,749 | ||||
| Total net assets | 271,845 | 240,749 | ||||
| Charity funds | ||||||
| Unrestricted funds | 9 | 271,845 | 240,749 | |||
| Total funds | 271,845 | 240,749 |
The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by: ™ eae ae .
Mr A Goodman
(Trustee)
The notes on pages 8 to 13 form part of these financial statements.
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Jordan Max Goodman Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
1.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. Accounting policies (continued)
1.4 Gift Aid
In the case of a Gift Aid payment made within the Group, income is accrued when the payment is payable to the Parent Charity under a legal obligation. Measurement is at the fair value receivable, which will normally be the transaction value.
Where the right to receive Gift Aid has been established, the amount receivable is recognised as investment income in the Statement of Financial Activities.
1.5 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
1.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
2. Income from donations and legacies
| Unrestricted funds 2025 £ Donations 181,980 Gift aid recoverable 45,495 227,475 Total 2024 163,557 |
Total funds 2025 £ 181,980 45,495 227,475 163,557 |
Total funds 2024 £ 130,430 33,127 |
|---|---|---|
| 163,557 | ||
3. Analysis of grants
| Grants and Donations Total 2024 |
Grants to Institutions 2025 £ 194,340 144,603 |
Total funds 2025 £ 194,340 144,603 |
Total funds 2024 £ 144,603 |
|---|---|---|---|
The Charity has made the following material grants to institutions during the year:
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
3. Analysis of grants (continued)
| Name of institution Camp Simcha Chai Cancer Care Community Security Trust Food Bank Aid Campaign Grief Encounter Jewish Care Myisrael Norwood The Gesher Trust UJIA UK Friends of Pieres World Jewish Relief Other grants to institutions |
2025 £ 35,000 17,500 10,000 10,000 - 20,000 10,000 15,000 10,000 - 10,000 35,000 172,500 21,840 194,340 |
2024 £ - 15,000 20,000 10,000 16,000 25,000 5,000 19,373 - 7,000 - - |
|---|---|---|
| 117,373 27,230 |
||
| 144,603 |
4. Analysis of expenditure by activities
| Direct costs - Activities (Activity 1) Total 2024 |
Grant funding of activities 2025 £ 194,340 144,603 |
Support costs 2025 £ 2,039 1,784 |
Total funds 2025 £ 196,379 146,387 |
Total funds 2024 £ 146,387 |
|---|---|---|---|---|
5. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £2,000 ( 2024 - £1,750 ).
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
6. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .
During the year ended 5 April 2025, no Trustee expenses have been incurred (2024 - £NIL) .
7. Debtors
| Due within one year Gift aid recoverable |
2025 £ 78,103 78,103 |
2024 £ 32,608 |
|---|---|---|
| 32,608 |
8. Creditors: Amounts falling due within one year
| Accruals and deferred income Statement of funds Statement of funds - current year Balance at 6 April 2024 £ Income £ Unrestricted funds General Funds - all funds 240,749 227,475 |
2025 £ 2,000 Expenditure £ (196,379) |
2024 £ - |
|---|---|---|
| Balance at 5 April 2025 £ 271,845 |
9. Statement of funds
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THE JORDAN MAX GOODMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
10. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted funds 2025 £ Current assets 273,845 Creditors due within one year (2,000) Total 271,845 Analysis of net assets between funds - prior year Unrestricted funds 2024 £ Current assets 240,749 Total 240,749 |
Total funds 2025 £ 273,845 (2,000) 271,845 Total funds 2024 £ 240,749 240,749 |
|---|---|
11. Related party transactions
During the year, the charity received £194,340 (2024: £144,603) from a trustee.
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