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← The Nirvana Charitable Trust

2025-03-31-accounts

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 Charity number: 1104214 THE NIRVANA CHARITABLE TRUST UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST CONTENTS Page Reference and administrative details of the charity, its trustees and advisers Trustees, report Trustees, responsibilities statement Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements 10- 18

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees D C Goldberg, trustee N Harris, trustee Charity registered number 1104214 Principal office First Urban Unit 2 167 Broadhurst Gardens London NW6 3AU Accountants SRLV Audit Limited Chartered Accountants Elsley Court 20-22 Great Titchfield Street London WIW 8BE Page 1

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report together with the financial statements of the The Nirvana Charitable Trust for the year from l April 2024 to 31 March 2025. Objectives and activities a. Policies and objectives The charity's aims are to distribute funds to registered charities that align with the objectives of The Nirvana Charitable Trust. Our objectives are supporting organisations that improve health, social & urgent care, as well as those who provide food, shelter and protection for a variety of disadvantaged groups and enhance specialist educational needs as well as supporting artistic and cultural pursuits. In setting objectives and planning for activities, the trustees have regard to the Charity Commission guidance on public benefit. b. Activities undertaken to achieve objertives The charity delivers its charitable aims by issuing donations to registered charities and periodically the trustees may attend events by invitation of charitable organisations. Strategic report Achievements and performance a. Review of activities During the year, the trust made donations of £57,229 (2024 - £37,362) to a range of charities including Jewish Care and Norwood Ravenswood amongst others. b. Investment policy and performance The charity. having regard to the liquidity requirements of the operation and to the reserve policy, has the power to invest in any way the trustees wish. Financial review a. Going concern The trustees are satisfied that there is a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future (next twelve months from the signing of the financial statements) and wish to adopt the going concern basis in preparing the financial statements. b. Reserves policy With the exception of such funds as the trustees consider necessary for the ongoing maintenance of the charity, all unrestricted funds, excluding unrealised revaluation reserves, are designated for the purposes of the general charitable objects of the charity. The trustees consider a reserve of £lm to be necessary for the maintenance of the charity (to be sufficient to generate investment returns to fund ongoing donations). Page 2

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 c. Principal funding Principal funding each year 15 normally through investment returns. The trustees do not anticipate similar donations in the foreseeable future and expect the charity's principal funding to return from its investment portfolio. d. Performance during the year The charity was able to distribute £57,229 (2024 - £37,362) to various registered charities while meeting the charity's objectives. Structurei governance and management a. Constitution The Nirvana Charitable Trust is a registered charity, charity number 1104214, and is constituted under a trust deed. The charity changed its name from The Gallant Charitable Trust on 4 February 2008. b. Methods of appointment or election of trustees The power of recruiting and appointing trustees is vested solely in the Board of trustees. If a vacancy occurs, an appointment would only be made when the suitability, skills and experience of a potential new trustee have been found to match those required by the role. c. Policies adopted for the induction and training of trustees New trustees would undergo an orientation session to brief them on their legal obligations under charity law, the content of the trust deed, the committee and the decision-making processes, the business plan and the recent financial performance of the charity. New trustees would be encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. d. Related party relationships None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with service user. external contractor or suppler of services must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. There were no related party transactions in the year. e. Organisational structure and decision making The board of trustees meets regularly to administer the charity. Daniel Goldberg and Natalie Harris are appointed as administrators by the trustees to manage the day-to-day operations of the charity. Page 3

Docusign Envelope ID: 377CDC18-81 E2-43CD-8D8F-3AC52A2F3596

THE NIRVANA CHARITABLE TRUST

TRUSTEES'REPORT(CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management (continued)

f. Risk management

The trustees have a risk management strategy which comprises:

-the implementation of procedures designed to minimise any potential impact on the charity should those risks materialise.

Approved by order of the members of the board of trustees on and signed on their behalf by:

(Chair of Trustees)

10 December 2025

Page4

Docusign Envelope ID: 377CDC18-81 E2-43CD-8D8F-3AC52A2F3596

THE NIRVANA CHARITABLE TRUST

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 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 from 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:

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:

DocuSigned by:

(Chair of Trustees)

10 December 2025

Page 5

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent examiner's report to the trustees of The Nirvana Charitable Trust ('the charity,) report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 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 Art.). 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 l 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 I 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 respett.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act. or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements concerning the form and content of accour)ts 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 connertion 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. Page 6

Docusign Envelope ID: 377CDC18-81 E2-43CD-8D8F-3AC52A2F3596

THE NIRVANA CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work or for this report.

Richard Gilbert For and on behalf of

SRLV Audit Limited

Chartered Accountants Elsley Court 20-22 Great Titchfield Street London WlW BBE

11 December 2025

Page 7

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIvrrIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Investments 90,589 90,589 263,627 Total income 90.589 90.589 263,627 Expenditure on: Charitable attivities 79.895 79.895 54,766 Total expenditure 79.895 79.895 54,766 Net movement in funds 10,694 10,694 208,861 Reconciliation of funds: Total funds brought forward Net movement in funds 2,394,795 10.694 2,394,795 10.694 2,185,934 208,861 Total funds carried forward 2,405.489 2,405,489 2,394,795 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 10 to 18 form part of these financial statements. Page 8

Docusign Envelope ID: 377CDC18-81 E2-43CD-8D8F-3AC52A2F3596

THE NIRVANA CHARITABLE TRUST

BALANCE SHEET AS AT 31 MARCH 2025

2025 2024
Note £ f
Fixed assets
Investments 10 2,311,183 2,155,176
2,311,183 2,155,176
Current assets
Debtors 11 314 5,109
Investments 12 125,000
Cash at bank and in hand 107,300 125,154
107,614 255,263
Current liabilities
Creditors: amounts falling due within one
year 13 (13,308) (15,644)
Net current assets 94,306 239,619
Total assets less current liabilities 2,405,489 2,394,795
Total net assets 2,405,489 2,394,795
Charity funds
Unrestricted funds 15 2,405,489 2,394,795
Total funds 2,405,489 2,394,795

The financial statements were approved and authorised for issue by the trustees and signed on their behalf by:

r-::OocuSigned by: UL 4

~~DC Goldberg~~

(Chair of Trustees)

10 December 2025

The notes on pages 10 to 18 form part of these financial statements.

Page 9

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General information The Nirvana Charitable Trust is a charity registered with the Charity Commission For England And Wales, registration number 1104214. The address of the principal office of the charity is First Urban, Unit 2, 167 Broadhurst Gardens, London, NW6 3AU. The principal objertives of the trust are to support organisations that improve health, social & urgent care, as well as those who provide food, shelter and protection for a variety of disadvantaged groups and enhance specialist educational needs as well as supporting artistic and cultural pursuits. Accounting policies 2.1 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) (effettive l 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 Prartice effective from l April 2005 which has since been withdrawn. The Nirvana 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. 2.2 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. The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the charity, can be reliably measured. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Page 10

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (continued) 2.3 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 dirert costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated dirertly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single artivity 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 direttly undertaking the attivities which further the charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.5 Investments Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gains/(losses) on investments, in the statement of financial activities. Investments held as fixed assets are shown at cost less provision for impairment. 2.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. 2.7 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. Page11

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (continued) 2.8 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. 2.9 Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.10 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. Investment income, gains and losses are allocated to the appropriate fund. Investment income Unrestricted funds 2025 Total funds 2025 Profit on disposal of investments Bank interest receivable 32,589 1,718 3,212 (4,595) 57,665 32,589 1,718 3,212 (4,595) 57,665 Other interest receivable Fair value changes in investment Dividend income Total 2025 90,589 90,589 Page 12

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Investment income (continued) Unrestricted fund5 2024 Total funds 2024 Profit on disposal of investments Bank interest receivable Other interest receivable Fair value changes in investment Dividend income 66,487 3,733 7,253 147,478 38,676 66,487 3,733 7,253 147,478 38,676 Total 2024 263,627 263,627 Activities of expenditure by expenditure type 2025 2024 Donations to institutions 57,229 18,958 3,708 37,362 13,660 3,744 Support costs Governance costs 79,895 54,766 Page 13

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Donations paid to institutions 2025 2024 United Hatzalah of Israel 1,000 500 1,000 5,000 1,000 12,500 5,000 500 Central British Fund for World Jewish Relief 1,000 2,500 10,000 Antisemitism Community Securtiy Trust Loving Classroom Jewish Care Norwood Ravenswood Magen David Adom UK Magic Breakfast British Friends of Chatzer Hakodesh Viznitz 15,000 10,000 1,500 1,000 1,000 150 500 Just Giving Refuge Marie Curie 275 1,000 1,000 1,500 150 400 1,000 Anna Freud Combat Hate Foundation Future Dreams London Crackerjacks Children's Trust Hatzola Northwest Trust RNLI Poole Mila's Foundation 200 1,000 1,000 200 150 Tel Aviv University Trust Whitefield Charity Zaka Search and Rescue My Israel Charity Jnetics London Sebby's Corner Shelter UCS Development London 1,000 500 500 1,279 5,000 500 250 1,037 5,000 2,000 500 57,229 37,362 Page 14

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of support costs 2025 2024 Professional fees 1,440 12,347 82 Investment management charges Computer costs Accounts and bookkeeping fees Bank charges 7,168 5,080 6,000 492 18,958 13,660 Analysis of governance costs 2025 2024 Fees payable to the charity's indepeT7dent examiner for the independent examination of the charity's annual accounts 3,708 3,744 Average number of employees The average number of persons employed by the charity during the year was NIL (2024 - NIL). The average number of trustees during the year was 2 (2024 - 2). Trustees, remuneration and expenses During the year, no trustee received any remuneration or other benefits (2024 - £NIL). During the year ended 31 March 2025, no trustee expenses have been incurred (2024 - £NIL). Page 15

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 io. Fixed asset investments other fixed asset investments Valuation At l April 2024 Additions Disposals Revaluations 2.155,176 1,629,288 (1,468,686) (4,595) At 31 March 2025 2,311,183 Net book value At 31 March 2025 2.311,183 At 31 March 2024 2,155,176 ii. Debtors 2025 2024 Due within one year Prepayments and accrued income 314 5,109 12. Current asset investments 2025 2024 Unlisted investments 125,000 Page 16

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Creditors: Amounts falling due within one year 2025 2024 Accruals 13,308 15,644 14. Financial instruments 2025 2024 Financial assets Financial assets measured at fair value through income and expenditure 107,300 250,154 Financial assets measured at fair value through income and expenditure comprise cash at bank and current asset investments. 15. Statement of funds statement of funds - current year Balance at l April 2024 Balance at 31 March 2025 Income Expenditure Unrestricted funds 2.394.795 90.589 (79.895) 2.405,489 General funds - all funds Statement of funds - prior year Balance at 31 March 2024 Balance at l April 2023 Income Expenditure Unrestricted funds 2,185,934 263,627 (54,766) 2,394,795 General funds - all funds Page 17

Docusign Envelope ID." 377CDC1841 E243CND8F-3AC52A2F3596 THE NIRVANA CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted funds 2025 Total funds 2025 Fixed asset investments 2,311,183 2,311,183 107,614 107,614 (13,308) (13,308) Current assets Creditors due within one year Total 2,405,489 2,405,489 Analysis of net assets between funds- prior year Unrestricted funds 2024 Total funds 2024 Fixed asset investments 2,155,176 255,263 (15,644) 2,155,176 255,263 (15,644) Current assets Creditors due within one year Total 2,394,795 2,394,795 Page 18