C.ornpany rc8islr21ion numbcr.. 0413Q347
charli￿ rL'¥lStralJvn numbcr.. IU9¥334
Goldhay Arts
IA ii)n)pany limilcd by guaranlLel
AnnuHI RLp(In and FinanLial SidlL'm¥nls
tor Ihe Year Ended 30 Ni)vembei 2V23

Goldhav Arts
CoJJteDt5
RctLfLllLe and Adinini&lraiivL DLIAIIS
TruNice4' KLPOM
2104
SiaiimLnl ol'Trusl¢¢s' KLbpun%ibililLLS
IndepLnd¢DI ￿X&InIn￿rf$ K¥ix)n
Sidl¥inkni Ill. Tr'inJnLi#l ALIiviiiL%
7 1()¥
910 10
Nt>ics iu IhL PiniiiiLidl SIJlL'Jn¢nis

Goldhai. Arts
Reference and Admini5tratii'e Details
Ch#irm#n
Ir lan Frederick Ralph Middlibr(M)k. C-hainnan
I'ru5tee
Mri Clar¢ Harlow
Mari1￿ L¥ion
Mr Ddfvid Ri)birt Whitney
Nls An8cla F*anL¢& Morris
Mr lart FFLd<riik Ralph Middlibrvok. Cliairnian
Mi55 Lisa Glynths Ilawes, Treaburer
1r C-Iiri%lvpliL'r Wdl%h
Lynn IVhilti¢ld
S¢cretar%'
Ch4ritY Regisir41ion Number
11198334
Cvn)pan> Reglstr4¢ioD fiuniber
04130347
I'h¢ charity Is ittLorptsral¢d in England W'ales.
Unli 34- 3CI Orti)llbTalL Slii)ppiiJ¥ CL'ntr¢
Ortvn Gvldlitsy
P¥lLrboroii¥h
PE? STD
RekPlStir¥d urriL¢
Independent Examintr
(iross KIL'in Wi)v
?6h TL%la C'i)un.
P¢l¥Tb(?L-ou¥h
PE26FL
Pa¥e I

Goldhav Arts
Tru5tees' Report
Thk, try&li¥s. whil (IIL. diTLLI(>r4 f(Ir ihL pufpL)NL% lif Li)n)pan)' IJW. pr¢sini ihc annual rcpL)n its¥LihLT wilh th
litsanlidl &tatLmLnls L)I'th¥ ¢hariiabl¥ ¢onipJny tor Ihl yLar indi4J.111 NuvenibLr 21123.
()bjecti¥es aLtiwitli
UhjeL'i.4 iiiid
Ti) priividL' a 4uJlily %¥rviLi li) Jduli.% Wlih ILurnin& d&sabiliii4% with 411 ¢inph£lSib on PL'f*onJl diviliipniinl
IhTiiu¥h c¥pcriLnLe ul'ih¥ P¥rttinnin¥ iirtd vihual Jns.
ObJ4'4'1ii'e.i. -Ilriiiigi*.% iiiid ￿￿'t#￿ille.%
-I'h< £r¢ai)on ol. niLI.%ic thnd IhrLiush lh¢ u%¢ ot. Atrican drunL% Jnd oih¢r %iniill percu.¥sion
inbininieni%.
DanL¥ & I)rdiiiJ ( rL'iiiing, draiiiJ pldy%. l¥dniin¥ IILW. danLL TOUIIIILS djid pLrloTIMink IL) dii audi¢ni¢ ol. lainily.
IIIVL. and dil-llvp (Iwll %lylL ii.%in¥ pri)ILs5iiindl dfiis14 us in&piration. Lr¥dl¢ i>riginal uri
PILLLS whiih iuii bi di%pla>ed Llul Iti IhL' liildl iummiinily li)r salL.
S¢rii¢i LlsL'r5 iirL .%upr*uriLYl io plan dnd un4JLridkc aciivii1¥% iu aid in
'hJi an JniJiinb I, mi)nih4 WL hJvL had ihi% )'¢Jr. Therl hd% btcn 40 mdnj mi)meni% l() bc proiid ol. and .40
IltswLvLr. our bi¥b¢%l a¥liiiwcittLni duriiig Ihi4 IinJni)al yLaT lia% bL'in .%llLIL.%%lully
With thi¥ dmu7.ingi iilw 4P4lLL'. l)Iir sliifl. liJm hai'l blin t>is%} hi)iiinb Ik¥ni4 and P4iniLi Ii)r ddiili% wilh Ilarninb
10 iakL lull Jdi'aJilag¢ ot. IhL opportunitie¥ 11 prvi'id¢%.
WL'¥k. 'I'hib has bLcn a VL'ry prvud Tn(11)ILnl li)r her and ts1s1> liir us a ihdrily. Wi sirivc lor inoTC Illotiw'nii like
Fin#nei'.bl rvvII'
IhL' tiiianLial 4liitcm¢nts show unresiri¢i¢d nct incon)ing rcsow¢e5 tor the ycar ol. L7.445 ￿11￿1 rLsiriitL.d nLI

Goldhav Arts
Tru5tees' Report
C'hdiily C IlllllnlbNi(In's ¥buidance i& rei'iewed tsnnudllv by 'frnsi¢e% i*nd bdsed upon our sen'iL¢ olli'ring. hav¢
dtiid¢d thai Oilr unrLsiricied re.%eTh'¢s n¢¢d% t4) be nuiniajned ai a level £)I'up 10 I I
IIJL)niJL% nmning 1051%.
Thi￿ will ciiablL IhL cliariiy 10 coniirtu¥ lo run 4i1ivili¥s durinbi iiny plriud ol. unlorL'SL'Ln dilliculiy. prvviding a
rL¥uard 11> hiiili SLfi'jLL LI*Lr4 atid SiJll'. gkivinB 4LinplL' IIJIIL. li) Jdjusl 111 41ny udvcrNL LhansTrLs in IhL' Lhdrii￿s
Th¥fL' 1$ LIITr¥iiily tl 70.OOU hLld sj) rc5lrvl￿.
Stru¢turv. #Overn￿￿¢(. Ind i￿￿n*¥&'1￿ent
M¢it)urunduiii & AniLIL oI'AssoLidiion
dppliLELllI. thi_4 Ihln lii bL dppri>%¢J al J li)nnal Iludid M¥¥linb.
Ubjei'liiwi uKrfpiill¢'iv4
C redii ii.ik
ThL Lliariiy li&1% 111) %I¥TJiIIILai)l LuncLiilTiltioii ot. crL.dii risk. w'ith cxpo%urL .%pfLad i)v¢r a largc nuinber ot.
Li¥iiiflil)' ri.¥A

Goldhav Arts
Trustees, Reptsrt
Th¥ ¢innual rcpurl was appro*cd by thL trusI¢LS i>l'ihi Ljuniy 12 Juni 2024 and signLd on its b¢hall-by.'
Mr Idji FrL'deriLk. Ralph Middlebrook
C.'liairinan and Iru%ieL'
Mrs Lynn WliitliLld
('omp&ny secrclary
Paby¢ 4

Goldhav Arts
Statement ol Trustees, Responsibilities
I'hL IruslLL'% (whi) tiTL' dlsi) lh¥ diTi¢II)T* l)1- 6iildhily Art￿ fi?r lh¢ purp(1.4¢N ill- compaji). lawl are rLsptsnsiblL fur
priparinbT Illi IrublLi5 rLpvn Jn(I IliL finJniiiil siaiLinLnls in aLii?rdanLL ￿1117 JppltLdbl¢ 14w and Lnitcd
Kinkidojii .4LLouniin& SitsndJrds IUniliJ KJngd(ITn (y¥nLr<illy ALiL'plcd .4cLounlinb PraciiLLI. inLluJin¥ FRS
102 'Th¥ FiJianLiJl Rlporriiib Stajidard applicublL in Ihc Uk ajid Ripublii ol- Irildnd" Thi rL'pon dnd dccount
ha&¢ b¢¢n preparL"d In aicordance wilh Ihe proi'i%Jonts In thi L.oinp￿1e￿ Aci 2006 i¢ldlLng 10 small cotllpdnies.
(Il. Ihl biaic É)l- all4iifs Lil- IhL' iharil:IblL ¥uinpany and uf th¢ iniominby I'LsourLiS 4ipplJLdlivn of IL%vur¥¢s.
InLliidinb Its IiiLon)¢ Jjid ¥xp¢ndiiure. ot. Ihe chariiablL compan). lor that PLrio41. In prcparingy Ihc4e tinancial
siaiemenits, Ihe Irll%iee% are r¢quiT¢(I to..
L'IL'LI %uiliiblc JLLiiunling ￿)11(1¢￿ and appl). Ihlm iun.%islLnily-
ob51Th i Ihl niLihods atjd prii1ciplc￿ Jji IhL C hdrilli￿ SORP-.
InakL judgLIIILIII.% i'%liniali% ihJi arl rea.4onablL and prudcni..
sIJIL ￿hLih￿r upplicabl¥ acLouniing siandards. ¥umprisJDb FRS 102 h￿7￿¢ bLcn tollowed. subjixi li) any
mal¥riJl (ILparturi% disLIoSLd aiid Lxplaincd in IhL tinJJicidl $tJtcmciii4'. and
prlparc IhL lindnLiJI sialcincnl.4 on tlic g¥oingJ conLLm basis kfftl¥$4 li Is inoppropriaic 10 presuniL Iliai thc
hL Iru%l¢¢i ar¢ reypon%iblL lor keepinL proper aLCL)uniing record.s thai LJn di￿10￿¢ M'iih red%l)ttdbl¢ Ji¢urJiy al
coniply ii'iih IhL' C"ompaniL% Acl :OV(i. Tlicy arc also rc%pon%iblL' Ivr s41i'gLTardingT ilic asscis ol- tliL' chJrilabl¢
onipanj and liLnLc lur takin&i rca$oiiablc %iLPS for Illl prcvcniion and dLl¢rlion of fraud and oihlr irrebrulaTIII¢s.
-rhi Irusl¥L'S ari liSpiin%iblL tiir thi ￿n￿LIn$￿tI*lnLL Jnd inl¥¥Trilv ul- Ihc iiirpi)raiL Lind linJniiJl intotmaiion
IiirludLd oil ihi LlidriidblL iOTnpJny'b WLbbilL. LL¥iblaiion gboiLnlJJl¥ th¥ PT¥PaFdlioi) aii4J dissLminalj()o ol.
linancial siaiemeni% dit'fer troni legi4lalion itJ other juri￿1£(lon￿.
Appr(Ik¢d by thc ITU51CLS l)t IhL Lhariiy on 12 Jiinl 2024 JnLI signid un its bLhdlt' by..
Mr FTLdiri¢k R<ilph MiddlLbri)i)k
Chdirn)dn Jnd Iruil¢e
Vr8 Lynn WliilliLld
(-onJpaiiv SLcfildry
Pa¥e 5

Goldhav Arts
Independent Examiner's Report to the trustees of Goldhay Arts ('the Compan) )
I report io the charitv ffii$tee5 on my examination of the accounts of ihe Company for the year ¢nded 30
November 2023.
R¢$ponslbililie$ And bas15 of re￿rt
A5 the charity's ItlJ5tees of rhe Company (and also its directOTS for the purposes of eompany law) you are
r¢5ponsible for ihe preparation of the account5 in a¢¢ordanc¢ with the reqU1￿ments of the Companies Aci 2006
I'the 2006 Aci.).
HaviTrg sa¢i5fied myself thai the accounts of th¢ Company are required to k audited under Part 16 of the
2006 Act and are elibTibl¢ for independent examinaiion. I report in resp¢cI of my examination of y(TrUT charity,
ount5 as carried out under seciion 145 of lh¢ Charit1¢5 Aci 2011 I'rhe 2011 Aci,). In ¢arry'in¥ out my
examination I have followed the Directions given by the Charity Commi$sion under se¢iion 14315Kbl of th¢
2011 Act.
It)depend¢nl eiamlner's staiement
Sinc¢ the Cornpanj's gross incom¢ exceed￿ £250.000 your euminer must be a member of a body listed in
seciion 145 of the ?01 l Aci. I confim ihai l am qualified io undertake the examina(ion because l am & member
of ACCA. which is one of the listed bodies.
I have coinpleied my examination. I confimi thai no m¥ners have come to my attention in ¢onne¢iion with th¢
examinaiion giving me cause to believe..
accounting Tecords wer¢ not kepr in respect of Goldhoy Art5 as Tequired by seciion 386 of th¢ 2006 Act: or
2. the Hccouni& do noi accord wilh those records.. (Trr
3. the accoun15 do noi comply with the occounling Tequiremen15 of section 396 of the 2006 Act other than
any requirement Ihat the accounts give a 'truc and fjir view. which is not a motter considered &5 part of
Independent examination: or
4. tlie accoun15 have not been Prepared in accordance with the methods and principle5 of the Statement of
Recominended PTa¢tice for accouniing and r¢portin¥ by charities IBppli¢#ble to chariries pr¢parin8 their
accounis in accordance with th¢ Finon¢ial Reportin8 Standard applicable in the UK and Republic of
Ireland {FRS 10?)I.
I have no conc¢m5 and have come arr
should be drnwn in thi5 r¢
rt in order
S5 no othe
o enabl¢
matters in conneciion with the examination to which aiiention
proper undersiandin8 of the 4ccounis io be reached.
Gros5
ACCA
Wood
26b T¢51a Court.
Innovaliop Way
Peferborou8h
PE2 6FL
12 June 2024
Page 6

Goldhav Arls
.St#tenienl uf F inancial A¢tiNities for ihv Year Ended 30 N(>vvniber 21)23
{Includinki IncoinL' and Expendilur¢ Ac£ount and Statemi'nt of I'olal Rc'cognised GAin5
nd LossL*)
Ri'¥triil¢'d
fund
2023
Notc
Inionic. fr'ndom'nitnts from.,
600
52,350
52.950
16.¥3.1
16.¥33
6.1fj5
•13.607
52.35U
2bb.V17
-xpi'ndlture tsn:
1190,7121
15.2.151
7,44_%
47.115
54,5()U
7.445
47.115
2(Ih.?19
273.1)04
47.11$
1•11.779
T(Il#l
2022
fund
liiruiiii. #lid Iiii'lit￿ froni:
3.%(10
-1 olul incomL
170,1)25
b'xpinilliur¢' on..
1157.Q901
1157.119Qi
()tliL'r L'XPL'ndiluri
11 ()3,4731
7.452
7.4.$2
7.45:
7.45:
XeLiJnciliutiibn uf luttd$
Total lunds broubbhi lurw)rd
l-hc noiLS un pa¥¢s I l iv 21 torni ali inicgral Pdrt vl'thcsc liiianLial sidi¢m¢nt¥.
258.7(>7
25X.7(>7

Goldha>' Arts
Statenient of FinAncial Actii'itie5 for the l'ear Ended 30 YoNeniher 2023
Ilneluding InLOnll' and Lxpcinditure ALCOUlIt #nd Sia¢L'JnLnt of I'otal Recognised Gains
Unreslricled
Tottsl
2022
r*tblf
Toial lunds corriL,d
2()6.?19
206.?19
All ul'ihL ihariry'% uLiiviiies dL'rLve trom ci)niinuJn¥ OPLratJotis durin¥ thi abuvL Iwu pcriod5.
'I'hL fr.Lind￿ brLdkdvwm li)r ?0?2 is ¥huwn in n<)IL ?U.
ThL noiL% on pJ¥¢s 1 l iu 21 foTm ililigral part ot'ih¢sL linanLial stulcmenis.
Pa¥¢ 8

GoldhaTr' Arts
(Registrativn nunibi'r: 04130.147)
BJlaDLC ShL'cl 115 ai 3U INovL'iiiber 2023
2U2J
ZU22
401¢
Fixed #sgeis
X7,(>86
3.727
C'urrent assets
DL'biiirs
CiLs11 81 bank aiid In h￿d
16
1 g.g64
?18.538
23b,281
2()¥.682
C.'redltory: ..tll)OUlll¥ f#lllnx due lilihln on¥ i'eyr
18
el lurrent
2.1.1.1193
2fbl,492
i'l #%sgis
37ts,771)
2bO,: I
und% uf thL' ¢hMrltv'.
47,115
Ilnri'¥trleii.d (und¥
??.l.(?64
utml fundy
?0
.3111,779
477 0l-lhL' C'onipdoivi Ali 2OU() reluliTlg lo %mull LoinpJiiiL•%.
ThL' diri¢li)r% aLkni)wlLdbbi' IhL'ir rL'tspi)n%ibiliiiL'% lÉ)r iun)plyiJi&T M'iih Ih¢' requirenJLni% ul. IhL' Arl ￿lIh rL%pL'ci
ubjLxi Ic> Ihl ¥inJll iuinpaniLS fL&I jllli Ii'iihin P￿1 15 ul. Ihi L'iiinpaiijLS ALI !OOfy,
The nutrs pages 1110 21 tonii an iniL'¥fiil pdrt ()f Ihcbc finunLidl Slai¢m¢nls.

Goldhav Arts
(Registration nun)ber: 041303471
Balance Sheet as al 30 Noi'ember 2023
The tinancial stalen￿'nI.4 on 7 10 21 were appro%'ed bs, the tTUSt¢es. and auiliorised tor *ssu¢ on l ? June
•024 and 4i&ynL'd on IhciT bLhalf by..
Mr Idn FrcdL'Tlik Ralph Middleb¥i)i)k
Lhainnan and iru&l¢e
Mrs Lynn WhilliLld
L'oinp4illv SLxfL%lary
The noics on pa¥e5 1 I lu 2 I furm Jn iiil¢&yr#l pan ot'iheSL finanlial siaicmcnis.
Paxt 10

Goldhdv Arts
Notes to the Fiiiancial Statements for the Year Ended 30 November 2023
I C-haritv 5t#tus
ThL ¥IIJTII)' is liiniild by giiaraiitiL. IIILL)rpi)raiLd in E--nbJl4ind W'alls. dnd iunsLqu¥nilv diiL& noi haii %liar¢
Jpitul. l.'Aih i)I' Ihl IfLisl¢¥& is 114bl¢ iu ¢untribuli Jn iiniuuni nvi LxLeedins Ll Ihi t>t' thc ch￿1
Pilcrbi)roub¥h
pi-.• .51.1)
Th¥%L liiianciul %lal¥inL'nis wLr¢ Juiliuri¥Ld liif i%&UL bj Ihi Iru%tL'¥S un l ? Jun¢ *U24,
2 Accountln% ptsllcli'¥
uinnimrv uf il%nificunt #ciuuntink poIiLII'# kv>. #iiuuTrflnx eytLrniItL's
litcnii'ni ol ¢(bniplltsneL'
Ilusls uf prt'piiruiloii
LI)IILL'rti iii>r any ¥i¥niliLJi)l arL'a.% ()I'unLLrtJiniy Ihai ulTi¢i lh¢ Lurryin¥ valu¥ (If liild by IhL LhJriiy.
Incoini #nd i'lldu*inenls
AII iiiLI)mL is fLLiigbiJi%Ld iiii¥¥ IhL' ¢hiiriiy ha¥ LiiliilLmciil Ii) IhL iJiiom¢, il is probablc IhJt Ih¢ inLomL WLII bc
Elllll)Unl i)I' lh¢ in¢c)me reLrivable can be 1iiLd51￿¥d reliiibly.
Cir4ni,I r*L'*ii'ublv
hav¢ be¥ii niei. WlILre P¥'rliirii)aJiL¢ ci?iidiiiiin% JrL' dllaLhLd lo Ihl gtrdni and are v¢i ic) b¢ niei. IliL' jttLOlll¢ l¥
recoMni&ed liahiliiy and InLludL'cI i)n Ihc b￿lanLe defl'rred iniOrnQ 11) bL• rileJ41'd.
Pagell

GoldhaTr' Arts
utes to the FinanciAI Statements for the Year Ended 31) INovember 2023
Tr.xpeTbditur
.411 L.￿￿￿￿111¢re i* rLLI)¥n15¢d i)nL¢ IhLrc is a Icx4LI or Li)n.%1￿ClI1.c (Ibligalion 10 Iliai LXPLndiluTC. Il 1.4 pri>bdblL'
sciIILniLlli 15 rL'quir¢d and Ihc ￿lI￿o￿nt L&n bL mLJ.%urLd ieliably. All IUbl> arc all(Kaicd to Ili¥ appliiablc
C.KPindiiurL hLddinLT Ihai a¥grLgJlC similar cvs15 to ihai caiLg(>rn. IVhLIL LoNl5 cdniioi b¥ dirLctly attribuicd io
pdrtirul<ir hcadinb75 IhL'y hJ￿.¥ bccii Jllocaiid on J basi.s Lonsi.4lLni with ihc use ol. r¥souTCLS. wilh CLlltrJl sldll.
Cost￿ Jlloiaied oji Ihe baNiS speni. and depreciaiiun Lhar&Tts allocaied on the potlion ot- the atssei's us¢.
C)IhLI %uppori Lost.% dr¢ alloLJl¢d based oji Ilie spread ol-iiatl. ¢o*ts.
The%¥. <ll'e L4)bls incurred In aiiraciing voluniary income. the tnanagenieni ot. investm¢nls ar%d Ih05e Jncurred )n
Iradjng aciii'ili¢% Iliat raisc tunds.
CJU%'¢rnanci' cust%
Thi%L InLliidL ihL LI)*1￿ diiributabli TO Ihe chdriry's iomplionLc w'ith Loll51itlltionJl and biaiuiory r¢quiT¢ments.
includinbi ￿ludIt, slTJtLgpiL man￿1gE.11l￿nl and In251i¥.% tnl'iiings dnd reimbllrsLd LxpLnsLs.
axatiun
ThL' Lhdniy is considcred 10 th¢ Ic%is %ci oui in Par&¥rapli I Sch¢dule 6 of the FinanLc Aci 201 O and
IlILrefi)rL 11 InLeL% Ilic diliiitiiÉ)n vl. d ¢hdritJbl¥ ¥i)nipan>' Iiir IIK Lurw)rJli(iJi u.x purpuyL's. ALII)Tdinbyls'. Ilje
LU¥¥r¢d by C-hdpicr 3 Pilrt I l ill- thi C'urpi)Taiiun Tax .4LI ?I}111 (Ir Sciiion 256 ul. IhL 'I'ax<lii£)n ol. L'hdT¥¢4iblc
(idins Ail I l)1)2. lu IhL ixi¢nl thai buLh incoinL bjains arL dppli¥(J ixclusively lu Lh￿ritabl¢ pUrpoSL￿.
Tan%ible fixed a$set$
Indii'idual IIxLd a55CI% LUStJn¥ Lll 110 i)r IiiOTL arL Iniiidll). rcLorded 41¢ ¢o%l. Icss an}. sub.%i4uenl accuniulaied
dL'PTL'¢iJlii)ii Jiid iubiL4ULrtI Jivuniulalld iinpJiriiiLni 10ssLh.
DÉ'pretl#il(bh and aiiiortisalion
DLprLiialii)ii Is pio¥id¥d k)n iangiiblL Ilxid ti5sL*Is .40 li) wrile otl- IhL COSt or ¥￿IlU￿11011. Icss dlly c¥ll￿ged
r¥%idual i'alue. OlL'r Ihejr ¢xp¢¢l¢d usetul ecL)nomic Ille l()Ili)w'5'.
r#di' d¢biors
rJdL dLbii)f% arL aiiii)unts duL. frun) Luslc>niLr4 fi)r Imerchdiidis¢ *c>ld cir SL Tricc% pirlurmLd in illl orditltiry
ii)urSL Ot. buNlllLK%.
I"radc dibiors arL rciobini&id initially al IhL trJn￿dcllo1i priLI. ThLy arc subs¢qu<nily n￿aSur￿d til 4miirtiied cosi
u%inb Ihe ¢tlL'LllI'e Inier<%t meihod. lesN proi'i%iiiJi tiir inipairnieni. A proNiiinii lor IhL' ImpJiim¢ni ()I' IradL
debivr% 1.4 ¢siablisliLd wh¢n IIi¢Te is objLiljl'L LvidLn¥¢ th#t tl]¢ Lliariiy i%'Jll niji b¢ abl¢ to LoIILLt all 311)ounis duL
CLordin¥ 10 ili¢ origrinal li'Tni_% ol-lhc rL'i¢iN'ablL%.
C.'a5h and e#sh iquii'alcnts
L-as11 lind iJ%h iquikJlLiiis iompri5¥ iJ%h (In hand and L4LII dLp(1si15. aijd othir shi)rt-tLrn) highly liquid
Lhiinge iii ialuL'
Page l•

Goldhal" .rtrts
Notes tv the b inancial Statemejits for the l'ear Eilded 30 November 2023
'I'rade cr¢ditor$
TrddL LT¥dJluT* arc Iihligali(>n5 10 P14 v f(Ir bY()od.q or *CTI'iCC5 Ihal lidVL beLn ti14UIT¢J in ihl ordinary eoursL' of
busincsi ts(Iin iiippliLrs. .ALLvunis P￿lYAbl¥ ¥1#ssitiLd as LurrLnl liabililics it- Ihc Lliarii). du¢s noi hai'c an
un¢undiiiunJl ri¥hi. al Ihc cnd ul- Ihc rLponinL pcriod. iu dLf¢r %¢iilLinLni ol- IhL Lrediivr for al Icasi iii'ili'¢
moiiihs dtliT Th¢ ripvrtin& d41L'. It. IhLrc 15 dt) uncondiiion&l riyhi 10 dLti'r siltlLtnciii IOT ai IL￿1 iivcli'L nwnihs
atler the reportiJb dale. (hey dre pie4eDt¢d non-Lurr¢nl liabilities.
Trad¢ £rcdiior5 arL fLcogniscd iniiially dt th¢ transarliL)n pricc and subscquLnily mLasiJf¥d at an14)rtis¢d cosi
Usin¥ ihl LITILlivc inierLSi nicihi)d.
BOrrO￿1ngs
IniifL%I-bLJllng borrÉ)Il'lllgbs arc iiiiiially rL*ordLd dl Idir valuL. iici ol- Irajisaciion eos15. Iiilcr¥%l-bcaTiiig
borroNs'in!i% di¢ %ub4¢qu¢iiily carried al amonised cost, wilh the dill¢rence betweLn the proie¢dy. net ot-
Irajisdciion co515. Jnd ih¢ ami)uni dut on redempiion being r<Lubinis¢d a charste 10 the Siaiem¢nl vf Financial
Acliviti¢s ovcr the PL'riod of Ili¢ rLltvant borrowing.
niLfL'.%l LXPLII%L' IN r¥¢i)s?iiihLd i>n Ih¢' basis uf ihL cffLLlivc inier¢¥l n)¥iliikJ ajid ix inLluded iii ini¢r¢¥l paydblc
Jnd similar Lhdr¥L's.
Burrowin&i% ar¢ Lld4%ilied aN ciirreni lidbilillL'S iinlL'%% lh¢ ch¢irily uncondirional right 10 4J¢lci seiilenieiii ot.
IIIL. liabiliiy tiir al ILait 1%4'Llv¢ mvnili% iili¢r the i¢pi)rtlllbY dale.
Tr'und slructur
'iiri*iri¥lLd iliLIIIIIL liind% jifL' ¥enL'Tdl liiJid* Ihiil are a￿all#bI¢ for use ai the ITUStce% di*creli(Iii in fllrihLrnn¢L uf
ResifiLIL'd inLom¢ tund% dre Iliobe donatLd lor Use in a parti¢ular ar¢d or tor specilic purposes, lh¢ use ol. wliiLh
Is r¢%trictcd its thai UT purpo.%c.
Pen5iun% and oihtr ptsst rttiri'NJent obligations
Thi Lharily i)PLfaiii d deliD¢J Liinlrihuiion pKnsi()n sLhLillL whiLh is a peii.%ii)n pliin und¥i whiLh lixcd
Lcinlribiiiions Lven It- lh¢ li￿￿ di)¢% iioi hold suiliciLni asbeis 10 Pay illl eniploytes lh¢ b¢n¢lil% relaiii)g 10
einployeL' SLrvi¢¢ In Ili¢ current and prior ptriods.
"in4nci#l insirumini
Fiiiiiniial a%4Lls djid Iiiidniidl li<ibililii% arl rLYogiii.%Ld whLtt Illl. Lharily bLLuillLs d pdny i(? Ihl LiiniraLILLal
FinaniiJl liJbililiL.% Jiid Lqully insirumLlli% ar¥ Llai.%itiid ai¥ording lu Ihc %ub%lallLC l)i- lh4 LVtiliJLrual
rr4LlJb7LmLrtI.* ¥nl¥rLd into Ali Lquiiy insirumcrtl i¥ any rvnlraci thai L¥idenLc¥ d rcbidual inicrLbl It) IhL' AS%CiS UI.
Page 13

Goldhai. Arts
Note5 to the FinaThriAI Statement5 for the Tr'ear Ended 30 Iyovember 2023
All lii)JnLiJI a%%eis and Iiabiliiie.% are iniiidllv ineasured ai iransaction PTif< (including transaction COSls1, except
valui Iii'IIiLh 1% normally thc iranNaciion pricc cxiludin¥ IrdnsaLiion cos141. unlcs5 lh¢ <irrangcmLni constiiutL'S a
Iidbilily IN mLa.%urLd ai ihL pre4eni c>l' the future Pilyln¢llib disc()ILnicd ai a market raic of inl¥rcsl r()r a
sirt)Ilar dLbi in%lniinLnt.
Fin￿71}cial asseis and lidbiliiiLS dre i)nly tht'fsei in ihl stat¢mLiil ol. fiJuiJcidl position wh¢n. a17d ollly whcii ihcrc
exi%15 a Icgallj eiilc)rr¢dblr righi io .%¢1 DIT the recog?iiibed dinounis and the intend5 either 10 seiilL on il
nei basis, or io realis¥ the 4%s¢t and settle the liabilil}' simulianeously.
Finant ia) a%SCls ari dLrL'Lu¥nl￿L￿ whLll al)d iTriily w'hen Jl IIIL LonirdLiuJI riLilits ILI the L<lbli Ili)ws troin ihc
rewards ul- i)wnLrsliip vf IliL tinaniial assLI. or L) IIIL LhJrii)'. dLsPlt¥ haviiig rci4iinLd som¢. bul n(It all.
bi¥nitiLaJJi risks drtd TLlI'drds ul'vwTJ¢rship, has TranslerrL￿ Lonirol ul-IhL 4s¥cI lo an(iihLr pan}..
ijiaijcial ljabiliii¢% ar¢ d¢[¢co￿lsed oiily when Ilie obligailon speLili¢d in Ihe coniraci is discharbT¢d, L#nL¢ll¢d
or cxpires.
Page 14

Goldhaj, Arts
INotes tts the Financial Stateii)ents for the Year Ended 10 November 2023
Debi i11sifklliitlll% whiLh n)eei Ihe tollow'in¥ Londiiioni art tsiibsequenily measured at 3niortis¢0 cosl using rhe
Lil¢illii inieresl n)¢ihod'.
lal Tli¥ LupifJLIu411 T¥lUni 10 Ihi litsldLT i) l il il lix¥d Jiiiuuni-. lill il Puiitivc Iixld rulL or a posilivc VllTiablL r11￿..
iiihlniineiii 1% denoniindied, PTOI'ided &ueh liiik% dre ni)I levL'fdbTre<i.
ILI TIIL ¢oiiirail maj PToNid¥ Icir a ¢JLILrniinublc vuriaiiuji ol- Ihc rciurn 10 ihe hold¢r during Ihi Ill¢ ol. th
WhLfL' Idir wulul ruiinui bi ii)L'
In￿L'￿InI￿nI4 In %iib.4Jdi<ifiL4 diid aN%i)LiaiL% are nwJ%ur¢d Ji Iv%1 les.4 JmpaJrniLni. Fi)r inve%tn*iil% Jii subsidiari¢
i¥rt(irL'cI
Pd¥¢ 15

GoldhAv Arts
Note5 to the Financial Statements for the Year Ended 30 November 2023
The ¢harili' us¢% deri￿￿11￿¢ tiiJdnLidl inhirum¢nis 10 r¢duce exposure io toreign ¢x¢han¥¢ ri4k and Lnferesi rate
nioven)¢nl%. I'he illar1￿ does ttoi liold or Issue d¢riVotj￿'¢ linoncial insuumenis lor %p¢rulatiN'e purpo%¢s.
Dlrivaiives drL Iniliallj rccogiii4Ld ai lajr voluL ai IhL' dalL' a d¢ri%'aiiNc Lontraei 15 LnlLred iniu and are
-%ub*L'quinilJ TCIIILJsufLd Iv IhLir Idjr i'dluv al c4ih repi)riing daiL. ThL' fL%uliin¥ gain i)r Iii%N is rLLiignJsLd
siaiLniL'ni uf tinanbial aill¥lllLts iniJllLdLdlL'ly unless thL d¢riiati%'e 14 dLsibmdtLd dnd ¥ffc¢livL as a hLdging
inbifiLtnLni. In ￿hICh ci'eni IhL timing ot. IhL ri.¥0￿111]Un in 51at¢tneni ot- financial a¢liViti¢¥ depcnds on ihc
iiaiurc ol'ihe r¥laiioiiship.
Fair iwlue nreTh.¥yremen¢
Th¥ bisl LN-IdLnLL tsl- tiir I￿11￿¢ 1% a qui?l¥d priiL tor an idLniiL81 assL'I in an actiN'I markcl. WhLn cilli)Ivd prices
rL' und￿.￿lIabIl.. IIIL priLi l)I' d rL￿LI11 tranbacli(Iii tOT an idLniical provid¥b L%'idencL Ot tair valuL' di lon& 4$
IhLre ha.% IIQT beeii d bi￿lI1£an1 LhaobT¢ in <cftnoni)c cirLuni%ianLeg or a signiticani lapse ot- ijme %Jni¢ the
Iran%aLllI)n l(iok placc. It. Ilie markci is not aLiii'c and Tcccni iraniaciions ot. dn idtnljcal assei on Iheir ow'n dT
not a ¥ood ¢sliIiiai¢ ot-fair valuL. the lair cslirnal¢d by using a ¥'aluaiJun i¢rhniqu¢.
3 IDc¢*rne fronj ¥Dd Ivgacie5
Uiircslrɢiod
funds
Generyl
Rc%tricted
rund
fund5
Grani.%. InLludirt¥ Lapiial granis.
Cirants froin oililr companiL's
60tI
52.3511
52.950
'rotwl for 2023
600
52.350
Totul for 2022
-l.f)5(J
3.()51)
4 Income charilable *cli%'ities
Uttre%lriclcd
lunds
Total
2023
2022
hariiablc aLIiViIjLS
4 Income from othir tr#ding 4ctiTr'ilies
Unrestricted
funds
General
Total
funds
EvLni8 In¢omi':
I h.833
16.1133
Total for 2023
16.833
16.833
Tiilal fur 2022
3.¥66
3.¥66
Page 10

Goldhav Arts
l%otes to the Financial Statetnent5 for the l'ear Ended 30 November 2023
6 Investment ineome
Unrestricted
funds
Generxl
'rolal
fund¥
OihLf in%'LsimLnl incomL
6.125
6.125
T¢)l#l lor 2023
h.1?5
lot*1 for 2022
4.219
4.?1
7 Eipenditure on rakskn# lunds
al Cost5 of Ir*dinx aLtliltits
Unrestricted
runds
General
'I'ptal
fund
Note
460
5n.7i8
l j().494
4(
5n.758
1.14.494
UihLf dirLLi i0sL4' 01 aciiviiics lor ¥¥mL Talin¥ tunds
12
Tot¥1 for 21123
IIIU.712
19d.712
I'0l¥l for 2022
1 $7.090
157.090
11 F.xpendkiure on charitable a¢ri%ities
Unreyiricted
runds
General
Total
funds
Tr4(*te
GoTr'ernance costs
3.199
3.199
otal for 2023
3.199
3.11)9
Total fur 2U22
1.270
In addiiion IL) th¢ ¢xpcndiliirL Linalyscd Jbolè. IhL TC arc also go%'LnJan¢e costb ()t' £3.19Y121)22 £1.2761 whi¢h
Pabre 17

Goldhai, Arts
Noles tu the FinanLial Statements for the Year Lnded 30 .Noven)beT 2023
9 1)Iher expendilure
Lnrts¢rl¢itd
funds
CJL'ni'r#l
Rc%lriclL'
fund
Tut#l
funds
DLpTLll4iiion. aJnortLSdiiun ulh¢r &imilJr
5.645
(J.b6()
5.235
OihLr ri41)urLL's exsx'ndLd
0,66b
'I'oi#l I￿r 2112J
5,235
17,541)
I'oiul for 21122
5.107
Uiiri'stri41kd
funds
IndL'pL'ndiiii ¥XiiniinLr f¥c
7<>7
7(17
2,432
Li'¥..
'I'olxl fur 2(b22
2112.1
2022
2 cii¥l
-hL db*bpfLbpdlL puyr(?11 L()ils wLrL as follows..
2023
21122
lurr custs durin# thL VLyf WL'ri':
3.174
3.¥99
139.494
13.1.930
Pa¥e l¥

Goldhai Arts
otes to the Fin#nci#l Siatements for the Year Ended 30 November 2023
Nv cmploycc recei￿ld ¥ini)lun)¥nls ol mlirc Thali £()O.UOII during the y¢ai.
13 IndepL'nd¢nt CXaEnini'r's reniuneration
2023
2022
F.xaii)inaiion ol'thi linanrial siaicnKnis
767
14 Taxation
ThL charir). i& d rL&ist¢icd charity and is IhcrilorL cx¢mpt tsoni laxalioii.
15 Txll%ible fixed #sytts
Furniture and
uilding
Total
C'ost
.41 l DLxLmb¥r 2V22
34.181
94.X.19
91.744
3.095
Al 111 NiivcIiibL'r ?11?3
37.?76
Depreri¥tion
..It l Dec¢mbcr ?022
30.454
1.706
30.454
9.174
AI 30 Ni)i"¢tnb¢r )0*3
9.174
32,16U
41.334
et bo¢bk %#lu¢'
Al 311 N(?I'cmbLr ryOq3
¥7.b86
Ai Jii Nuvembcr 202)
3.727
InLlud<d w'iihin IhL net boi)k valuL of land and buildin¥s above is LNil 120Tr2_ £Nili in rcspcci of frLehvld land
and buildin¥y <ind £¥2.5701202? LNili ii) TC5pciI i)l-ILtisL'hi?Ids
JO Debtors
21123
2022
Tradt debior%
PTcpaylliLnt
11).964
4? 11.17
Ii),i)IA
50.144
Page ly

Goldhav Arls
Notes tts the Financial Statements for the Year Ended 30 November 2023
17 Cash and ¢#5h ¢qui%#l¢nts
21123
2022
I'dsli iTrn hand
ai bank
125
20
218..33¥
21h,317
21 ¥1.5.1¥
18 Credlttsr%: fxlllnK due wlthln one ieAr
2023
2022
5.31Y
13¥
138
7()7
732
3,1¥8
(}.11)O
IP Pi'ii¥iun uihtr ¥¢heiiie$
Dillni.d LiJntril>utiiJn sih¢me
IIAl4nii' ai
Blll4iiLI' 41 .11Tr
P4ovi'niber
2V23
InconilnK
Ri'¥uurct¥
i'xpi'iidi.d
21122
Lxrestrlcti.d
2bO,211)
213.667
12UO.2221
273,6()4
Mtslrlrli,d fund¥
52,3$11
15,2351
47.115
'I'ui#l fund5
260.017
320.77()
Deceinbi'r
Rcwurce
expendv
Noi'l'mbcr
2U22
2021
Ilnre%¢ricted fund
(ikn¢Tal
58.767
11 (>.3.4731
21?0.219
Page 20

Goldhav Arts
Ntste5 to the Financial Statements for the Year Ended 30 November 2023
21 AD¥l)sis of net assets betmeetk lund5
Unrestri¢ivd
futtd$
Cirncr#l
Total fund5 at
3LI hovember
2023
Rt5trlci¢d
lund
TanbJiblL IIxLd
Curteni assei.
Currcni liabili12L'%
40.571
47.115
87.686
236.•81
Toial nLI
273.664
47.115
320.779
Unrestrittert
rund
(veneral
Tot#1 at
30 liibvrrnbeT
2t122
Taiigibl¢ lixed i1$5ets
C'uri'Lni
Currcni liabiliti¢¥
3.727
268.682
3.727
2<1¥.()8•
Toial nit asscts
2fy().219
)6(>,Tr19
22 Analisls tsf nei
At 311
V%tnib¢r
At l Dcc¢Miber
2V22
Financing cash
fluws
2U23
C￿h Jt bank and in hAnd
21 S.-$38
NLI debt
2111.5.311
12.2211
216..A17
-41 1 DttL'mber
2021
inancing cash
ovcmbcr
2022
Cash at bank and in liand
?52.051
21 %.538
NLI dLbi
21 X.$3¥
Page21