Charity registration number: 1121131 Goodwill Foundation Charitsble Trnst Trustees. report and finandal statements for the year ended 31 August 20Z3
GoodwAU Foknrtdation CharitableTrusi Contents LeKdl and admInts¥t information Vage Lcgal and administradvc inforrnaDon Trustees. report IndepeDdcnLex4minerfs rnport Sra*rnentof Financialacttvliivs Balance Sheet Notes tD th¢ finanrial 5tstrmtnts
GLh)dwlll Fourtdation Charitable Trust Legal and admlntstr#tsve information Charity reglstraiion number IIZ1131 Charity addre55 Uni170 BadeyBusSness&T¢chnolo2yCentr¢ 8atlcy WF17 6ER Trustees IASh¢th AAPa*l Independent Examlner 8S¢ACA AHM ChartcrtdAcctrJntsnts TheBeeches ZQ Plng Road shad11 Lzeds LS178NI Bankers e•rd•ys BJnk P cracke LdThe D¢w7bwry WF13 IPT
Goodwlll Foumdation Charltable Trnst
Report of the trustees for the year ended 31 August 2023
The trust¢es pfos¢nt thCIrPDrtand rhe financial sLitcmenrs for theycarendeJ 31 August 2023. lltc fillancia15fat¢rnenL havL. bL'L'n prepared In
accordance with the accDuTrungpolici(%sctolll in notr l and cornplyth thc chanty'%Rnv¢rnin%dvcumenLthe rru.qtdccd. tho CharitlL'5Act2011 and
ALtDUlltingand the Chariti¢% 5tatomentof Recommeth Pra¢tiLEl5ec1¢d1ll0nl and Pinancial RepDrtingSrandar4 FR5 101
Strnctlire, GDverThanreand Management
GaoElwill Fvundation CharitsbIeTTt IGFcn Isa rEgi5rered uKcharity
G(1111 Foundation Charftsble Trust Report of the trustees for the yearended 31 Augurt 2023 {Cont'd) The trustees are r¢SnsIble for kccpingproperac¢twnrinR rnCDrds syhich dixI1h ruablecur3CYat?nY Dmc the finaniial positinn nfthc chaTityand enable them to ensuretharthe finaMalststernen15cornply with thecharity 5governlngdUMel.theCh3f1tsl'5Act 2011 and tho rolLhVant v¢rsion ol thE 5tstementof R¢c¢JrnmcTrded PvatThcc applyable ro charitics preparingiheirawountsin accordanccwiih the FinaThciHI RcportingSLindard applirablc in the UK and Republi¢frllrLland IFRS 1031- Th¢yarCa150TE5PDnbl for safe.wrdin8assctsof thech4rity and henic IDrtakingTeasDnable Steps for rhe preventionand detrttion offrdudand otherirregularitie On haIr1}fth btsArd Sheth Trus Da*.. 15 Au8usr 2024
Goodwlll Fourtdation Cbaritable Trust Inde endeot exazninerfs re rt to the trustees ofGoodwill Foundation Charltable Trust I report to the charityt1ees (bfl myexamlnationoftheaccountsofthe3bo charityftheTrusV) fortheyearended 31 August 2023 set outort page5 6 tu 10. Responsibilities and baslsof report As Lhe charlWstnJsTre5you are responsible for the preparaiion ofthe accoulltsin rdantr vjith the requirenjents ofthe Chariues Att 2011 I'the Acr"). I report Iti re5pectof myexamination oftheTnJsVsaccoullts%orriedoutundersectloll 145 ofthe 2011 ALtand in carryin8 Out tnyexamination, I have followed alltheapplicable Direaionsgiven bythe Charity Commission (undersettion 14515llb3 ofthe ACL Your attentlon is ro drawn to the tactthatthe thaTityhas ppard the¥¢(M]nrs lfjnanaal ststementsl in aLrordance with the relevant version ofuie Staien)entof RecoJn]nended Practiceapplicable to charities prepaftn8 theirxcounts in accOrdanwith the Financial Repornngsrandard applicable in the UK and Republic oflreland (FR5 1021 in preference to theAc£ountingand Reporring byChantse5: Statejnenrof RecommttLded Prdciice issued on I Aprll 2005 which is referred to in the extsnr regulatiDll$ butha% been withdrawtL We under5rand that this hasbeen done inorderfortheaccountsto pmvideatrueand fairview Inacubrdantewith UK CenerallyAceeptEd Accounting Practice. IndependentexamfjneS ststement I have completed ]nyexaminatiotL I confirnthatno material matrershavewmeto myattenrioninconnectionwith the eKamlnaUon wving me cause to believe IhaL in any m3rerial respecL- l. accounting records were not keptin respectofthtrTr&5reqfjred bysection 130 ofthe AQ or 2. thE accounts do ntstaccord with those record% or 3. the accounts do norcomplywith the app]icable requirejnentsioternIng the fOrmatten[ofacc0untsSetUtI the Charitie5 (Accounts and Reptsrtsl Re8ulatioa)s 2008 other thanarty requirenJeDrtbatthe accounts givea'true and frvieWwhich i5 nota mattercottsidered as part oran independtntexamination. I have no concerns and havecorneacross rto other matters in connection with the examinon to whith attetition should be drawrt in thi5 Teport in orderto enable a prnper undtr5tandin8oftheaccounts be reathed. Waheed Ahmad B5cACA Insbture of CharteredAccouJJtants in En8]and artd Wales AHM The Beeehe5 ZO Rirtg Road Shadwell Leeds LS17 8NI Datr.. 15 Augu5t2024
Goodwill FoundaElort Charitable Trust Staternent of Fffinancial Activities for the arended 31 Au st 2023 Nrfes JDre5tricted Funds Restrlrted Funds ZOZ3 Total 2022 Toral Voluntary Income.. Domtlons 92.942 92,942 121.505 Tts] IncomÈ 92.942 92,942 121.SOS Expendlture ExpcThdiiurc CharftsbleattiviriES ManAAernent & Adrnin[straOll expeTrse5 IiO.V6¢ 497 110.864 497 106,546 636 Totsi ExpeDdiiurtr 111,361 111,361 109.102 Net Idefl¢lLI I ID¢om¢fortheyear Totsl briiu%hi lunvard Total funds fonvard 18.419 16.796 1.6Z3 1&419 16.796 1.623 12.323 4.473 16.796 Tho Starcmontof Finattdal Acuviresinclude53118alnsnd Iossesrvcogncd In thwr. All inc(>m¢and oxpondltttrederivc froMwnnDuir*Racdvld. TheTh)test)ft p•y$81o io fonn an inte8ral pArtofthw timnthl srarcmen
Goodwill FoUdation Charitable Trust Balance Sheet as at 31 Au 5t 2023 2023 2022 CurrÈntAssets Cash ai bank and in hand 505 18.529 18.529 505 Credltors.. Amount fall1atthIDOeyEaTr. 2,IZ8 1.733 NetCurrenlAssets 11,6231 16.796 Totsl Assets Ivss CurrentLlabltities 11,6231 16.796 NetAssets 1.623 16.796 Fundsolthe charlty- UnrLl%triitcd lunds Tnthl Fund% 1,623 1,623 16.796 16.796 The fin4nclal %ratemonts wtrt appYov¢d bythe boardoftrwu4md•r¢518nedoTr bet01th¢Ard by.. Shcth Daro,, ISAugu512024 TheDDt¢50n P4K¢SBto io form partofthcscfinafftd•l stw¢Nrs
Goodwill Foundaiion Charitable Trust Notes to the finantial statements for the earended 31 Au Ust 2023 l.AccOull2PollcJ¢s= The PTinapal attounling PDlw?e4arewmmari5Ed below.ThearyountiThgpuliriE5 have been appli¢d conslstently throughout theyearathdtho precediDgy¢ar. (al Basi5ofprepardtion Theacwynts Ifinan¢¢alststernentsl have bcen prerLY1 nderthe historiral costconvtntian th irerns rocognlscd atcost r tyansacuon valuE unlessothcMsestaELid in thereievantnolsl ro thc$caOllnts. The financial ststements have bctn prrpared inarcordance with thcsLYOnd edition nf thc ChariticsStstemL'nt nr Recommon¢TEd Practice %¢ in Ocithr 2019.thc Financial Reportln8Standard applioablc in th¢ UnitL.d Kingdom and Rtpubll¢bf Irpknnd IFRS I021ad tbeChaniie5AL1 2011. Tho accounts (financial stslernentsi haVeb¢¢n prepaTed to%ivc a"trucanrt fair" wewand h&vcdcpartcd Irom the CharitlL'5 (Accountsand ReNrtsTr RE%ulatiOn52QQ8 only rothotxtcnt re9uired ro prLivid¢ a"truosnd fairvicw. Thi.% doparlurL. has Involvcd lollowingthe lLant version olth¢ Statemcntuf Recommcndcd PractiCL'applicabl¢ chariti¢.4 prCpGThx their In acL1)ranceJth the FIDancial RCpDrrigSthndard applifablc In tht UK and Rcpuhlic of Ircland IFRS 1021 rathor than iho Ac¢ounlinEaDd ReJwtrn8 byCharitir5.. Sfarcmthtof RtcommLde Prtire cffcctivc from l April 2005 ivhlih hAS sinc bL'enwirhdrawiL Ibl Fund ac¢outtii Gtn£ral funtharc unrestrfrted hjndswhich arE availablc forthe uso ofaisLfLilion of thc irusrL'QS In furihcranre of iho gon¢ralobjecUvcsof the<hantyahd ha5 01 Fcn puiasido forutherpurp05e5. Resirlcted are fund% whiih arL' ta bc Used in airordancowtth restyicrJon% which h&% been by the charity for 5pccificpurposo. Tho ¢1)tafrai1n9 and admini%rerittAsthrh fuThJsare<har8th13¢4iTr51 rhespeLifJc fund. {¢) lty¢omln8 resources All InwmingTtsour¢es&rElncludcd in thestsmeThtoltlMnrl¥lattivitiC5 whL¥n the Charity is L'niiilLd io thLI ihLI arnountcan boquaniilled with rcasonablexwrw.Thefollowin8 spttlfic pollrics4r¢applied thL' pfirtl¥ular catL'wriL'%ur Income.: Volynrary Incorne Is recelved bywayof8ranLKdtstt•¢itsnsand gi(r5 an6 Is includLyI In full in ihL' %taiomont tsl llnanLiil1 ciivSilCS when rECeiv4bl¢'. Grants whern ¢nililrncnt noi condiUonalon thodollv¢ry ofa spccilic r[lIrManLr by iho ch4r5ty.4re r¢¢wLY¢d whenthecharltyb¢¢omcs unconditbonallyonbtlcd to thc granL Donat strvI¢¢%4hd facilitiosarein¢ldrd ai ib¢valwofthecharttywh¢r¢ Ilcan bc quandfied. Th¢viluc or Jervlcos provld¢d by voluntccrshasnot indudcd. {cl Rtrsource5 expended Exptndltur¢ is reco¥niscd on &naC¢N• baStsa Ilablllty Is ih¢urrtd. ENpendlturo Includ¢s&nyVATwhlih ¢8nnat hi. fully rcwv¢rcd. and Is rLWtvd aspartofihc expendlturv towhlch it rclates. Charirableexpendlturc¢ornprtses thts¢tQSts1ncrYed bythochirftylD th¢d¢llvcryof ItsA¢tlvltles and 5crvlco% for Its b¢nofidarics. lrincludt5both¢l$ thal be411rK4tEd tou¢h ind thosecostsofan Indir¢rt nutr¢ necc%¥Bry io SUPPDrt ih¢m. Idl GolDg¢ott•rn Tht prlhclplc Tl4k facln8 thtchkrlty 1$ ltyabilitytyJ8cnorato s&ffi¢lynt incorne ro COVEroxpcnditurc Incurrcd fulfillln% iho bjrcrjvrsofthechartty. Thclru$tee4 r¢vt¢Wrd thr ¢5h position oDd cash for¢ca%Ls atthe dAtL' vf $18nln% thL' ucc<>unts amdarf ll$fi¢d thatthr ¢harity will bc abl¢tO rneetall of If5 fiDpnaal ¢nmrnitmcrtts a CqllLllEx Ihc trusEeL'% hL'li¢ve thar the Lharlty Is woll pred ts) rnana8r its financ1 ri$ks$uculllydL'Sp1te tho curreni unccrthin L'CDnnrnlrouEIuiik. c%p¢ciallywith rEgard ts) Ciivid-19And that Ih¢rh#rityhas Jdc4Uatr fe5erve.stocontinuc In opcratian31 L'XI.4IL'ncL. farthv rDrnscv4bk Iwtur¢. Ac<LwditbglythE truS*¢SU11fiuc tskadapt th¢p)iTrgwncern b4#5in PTPPaTlnR th¢ accounts. 2OZ3 Unrestrirted fund5 2022 UTrrc%iriLi¢d fund. 2. DoTrations Ilon4tions Ivom Indtvlduab&oryani5ats¢)ns 92,942 IZI.SDS
Goodwiu Foundation Charitable Trust Notes to the financial siatements forthe ar tded 31 Au st 2023 2023 2022 3.Costolcharltablea(lvltlts Charitsblea¢tfvltlÈs Admimlsuativtcosts 110,864 497 IOB.546 63G 111.361 109.18Z 4.Trustees' remullerAIio Empl(iyrneTrtco%rs NDncofthe trustees recelved fee% nrèxptthses durfn8th¢ytwl2023:nill. Nopersonswer¢empJoycd durinKthe yeir12022'. nlll 2023 2022 5. IMd¢p¢thdnrtrxawlnatbDn fees Fecs payabl¢ ta rhe IndepedenIexamIerforeYM1thTh Dfth¢JlvJnual mtcmcnts 3SO 5QD 6.Credllors'. amounts falllnadue wSthluouey**r 2023 Z022 Other credltors Z,IZ8 l.733 2,128 1,733 7.AMlysts olch4riiabl• fvnds At I Septemb¢r 2022 Ovtmoln re50urces Al 31 Ausu$i 2023 resources vnrL'%trlLtL funds Totsl funds 1&796 16,796 92.942 92.942 1,623 1,623 111,361
Goodwill Foundation Charitable Tryst Notts to the financial staternents forthe ear ended 31 Av st 2023 8. Analysls ofne¢a55ets betweellYu]Kts Uurestrirted fvDds£ ResrrlrtÈd luthds £ 2023 Tolal Funds £ 2022 Total Funds £ CUrntaS$¢L$ Curr¢nt liabiiifies sos (2,1281 505 121281 18.529 1.623 1,623 16,796 9. Relatedparty transacuons DurinB th¢yeaT I A Sh¢ih who is a trusreeofth¢charity.41Dnatcd £MM30 w the¢hanry.12022.. £60.7521. All iransacrionq with related partles wero¢onducted aLHfrns Icnyh and In accor41anccwith th¢ch4rity'sobjecuve 10