Charity registration number: 1121131 Goodwill Foundation Charitable Trust Trustees. report and financial statements for the year ended 31 August 2025 GoodwAII Foundation Charitable Thist ConteDts Legal and admlDlstrative ]nforn￿tIOts PaEe Legal and admlnistTative informarton TrnsteE5' report Independentexam5ner's report Statementof Ffjn2nci￿ acbvitie5 Balance SheÈt NotÈ5to the finanaa] stats]tLEnts Goodwill Foundatton Charttable T￿st Legal and administrative information Charity règistration nvmber 1121L31 Charityaddress Unit 70 BatleyBusiness & TechnoioByCelltre Batjey WF17 6ER Trnstees IASheth AA Patel Independent Examltter WAhmad B5cACA AHM Chartered Atcountants The Beeches 20 Ring Road Shadwe Leed5. ￿17 BNI Bankers Bardays Bank PIC Crackenedgelane Dewsbury WF13 IPT Goodwill Foundatioll Charitsble Trnst Report of the trustees forthe year ended 31 August 2025 ThetrustsÈS pre5enttheir reportand the financial ststements lortheyE#rended 31 Augutt 202S. The fiThanciaJ statementshave been preparedij) accordance with the accountsng policies 5etour inno* l alld complywth the ctlarity'5 governin8docutuenL the tru5tdeed. the Chariiie5AIt Zoll and AccourttlDg and the Chariiie5 StatementofRecommended Practice (second Èdition) and RepDrtiog Stsndard FRS 102. Strllcthre. Governance and Management Goodwill Founoarion Charitsble Trust IGFCn is a registered UK thaTitycons1swtedon 07 February 2007 undeicharity number 1121131. It isan unincorpordred char5ty and the govern)ng document is aTru5t deed. The Trustees who 5e]ved duringthe yearup tothe dattthis reportare5ttouton page 2.The trn5teeshavethe powerto appointanypersontobe a trustee in accordancewith the provtsions ofthecharfjty5 Eoverning documetkLAn appoitLtedtnLSteeholdsoifkce withitt the jimits pemitred bylaw. Objectives and activities The objectives of the trusL as setout in Its governsng documeniare.. the relief of poverty and sickne5S the advancement of religion the advancemellt oleducation and - the promotion and protecrion of good health When planDlng activities for the year, the trustees have consldered the Commission's guidance on publicbenefiL Achievementsand pÈrformattce Duringthe year, Goodwill Foundation raised £178.553 Prlncipal rlsksand miti￿110￿$ The trustees have undertakeD an asse55ment •s to whetherthe charity reDJains a goingcoDtrrn as atthedate ofthe financi815ratsmentsapprovaL The rrll5tees have considered all potenti3] variables thai may affectthe goingcontrrn assumption and havE Prtpared suffioent supporringdotsjmelltation ID orderto reach their conduslon. The detsiled assornptiDn hasbeen based on cash tlow Forecasts prepared for at leasttwetvt monthsfrom the datr or signingthe finanthal sratements. Scenario planning by modelling a numberofdifferent outCOEnes forthe charityover thesame Lwelve D￿11th period has also been Undertake￿giVentheh1Bh level ofuncertainty re8ardillg the effe£ts ofthe pandeTDiC intrrtain areas. The tnEsteesare cOnf￿elltth8lthe charitywill conrinut In Opera￿0￿3[￿xiStence forthe Forseseeable future. ststernentof trustees. responsfbilitles The tNstees areresponsible for preparingtheThJste2s' AnJLual reportartd financial swements ID xcordallcewith app]ioble)awand Unired l&ngdom Accountirtg Standards Iunlted Kingdom GenerallyAccepredAccountittg Practice). Laws applicable to charities in EnElartd and Wales requiresthe trusree5 to prepa￿ financial mtements for?ath calendaryearwhichgfve a trueand fair vlewofeharityand of incoming resourTrs and application of resourcesofthe charityforthatyear. In preparing thesefitwTh] statementsthetTiisrees are required to.. selertswtsbleaccounDngpolicie5 attd applythem collsistently observe the methods and prinapl&% an the Charitie5 SORF makes judgejllents and ÈstknuTrs thatarereasonabieand prudenL state whetherapplicableUKAccounting ststtdardshave beeufollowedsubjettth anyma￿l￿dep2m￿resdj5￿oSed aDd explained in the financiaistatemEnts and prepare the final)a￿statemeDts on theE0￿￿COnl￿rn basisun]essit s In3ppTopriateto presumethatthe dJarityW)]I CODtinue In operauoTL Goodwill Foundation Charitable Trust Report of the trustees for the year ended 31 August 2025 (Cont'd) The trusteEs are rpsponsible forkeeping properaccounting retords which disclose with reasonable accuracyatanytime the financial posiuon ofthe charlty and enable them to e]2sure that the financial sratements cotnplywith the ch8Tity'5 governing documenr, the Ch3ritiesArt 2011 and the relevant versioD of the Statemenr of Recommended Practice applicable ro charities preparing their accounts in accordance with the Financffial Reportillg Standard applicable in the UKand Republicof Ireland IFRS 1021.Theyare also resPOn5ible forsafeguardingassets ofthe thaTityand hence fortaking reasonable steps forthe prevention and detection offraud and other irregularltles. OJ) behalfofthe board A A Patel Trustee Date.. 15 lune 2026 Goodwill FoundatioD Charltable Trust Inde endent examiner's re ortto the trustees of Goodwill Foundation Charitable Trust I reportto the charitytru5tees tsn myexan]inatioll olthe accounts ofthe abovecharity 1.the Trust"] forthe year ended 31 August 2025 seiour on pages 6 to 10. Responsibilities amd basls ofreport As the charity's tru5reesyou are respollsible Forthe prÈparatlon of the accounrs in accordaDce withthe requirements ofthe Charities Art2011 1.the Arf). I report in respect ofrny examination olthÈTrust's accounts ascarried out under section 145 olthe 2011 Artand in carryingout my examinarion. I have rollowed all the applicable Direttionsgiven by the Charity Commission lulldersection 14515}tbl oftheAtL YOUT attention i5to drawn to the fatt that the chanty prepared the accounts Irinanci￿ 5tatetnentsl in accordance with the relevantver5ion oFthe ststementof Recommended Prdctyce applicable to charities piepaTing thÈiraceounts In accordance with the Finanrial Reporung Standard appllcable lrt the UK and Republic of ITeland IFRS 102) in PTefeTenceto the Accouniing and Reponing by Charities.. Statementof Recommended Practice issued on I April 2005 which is rÈlerred to in the extant regulauons buihasbeen withdrawn. We understand thatthis h3s been done in order lorthe aecountsto provide a true and fairview inaccordancewith UK Gener311yAccepred Accounung Practice. IndependÈntexatlliner'sstatement I have completed tThy exatniDation. I confiTm thatno material matters havecome to myatteDtson in with the exanJinationg5ving me cause to believethatin any]nat&iial respett.. l. accounung recordswere notkept in respectofthpTrust a5 required bysection 130 oftheAcr,' or 2. the accounts do notaccotYJ with those records.. or 3. the accounts do not comply with the applicable requirements concerningthe fDT]n and contsnt ofaccounts set Dut the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'trueand fairviewwhith is nota matrerconsldered as part oran independentexamination. I have no concerDS and have cotne atross llo other matters In conrtectlon wlth the examinarion to which atTrntion Should bedrawn in ihis report in orderto enable a prDperunderstandirt8 ofthe accounts to be reached, WaheedAhtnad BSCACA Insutute ofchartered Accountsnts In England and Wales AHM The Beeches 20 Ring Road Shadwell Leeds LS17 8NI Date.. 15 IuDe 2026 Goodwill Foundatlon Charitable Trust Statement of FTrnancial Activities for the ear ended 31 Au st2025 Notes Unrestricted Funds Restricted Funds 2025 Totsl 2024 Total Income Voluntary Income.. DoD3ti011S 178,553 178.5S3 245,868 Total Income 178,553 178,553 245.868 Expethditrjre Expenditure on Charitable activities ManagÈmeDt &Ad]ninistrationexpenses 204,260 384 204,260 384 189,688 512 Totsl ExpendlthTe Z04.644 204.644 190.200 Net Ideficitl I Income for the year Total funds brought forward Total fundscarried lorward 26.091 S4.045 27.954 26,091 54,045 27.954 S5,668 1,623 54,045 The Sratementof FiDanci21Actlvite5 includes all gains and losses recognised In rheyear. All income and expenditure derlve frorn continuingactivities. The notes on pages 8 to 10 form an integral partolthese fsnancial ststeTDents Goodwfll Foundation Charitable Trust Balance Sheet as at 31 Au st 2025 2025 2024 Noths Current Assets Cash at bank and in hand 30.642 30.642 56,383 56.383 Creditors.. Amount falllngduewlthln one year.. 2.688 2,338 NetCurreDtA5sers 27,954 54,045 Totsl Assetsles$ CllrrentLiabilities 27,954 54,045 NeiAssets 27.9S4 54,045 Funds of the charlry.. Resrricied funds Unrestricted funds Toral Funds 27,954 27,954 54,045 54,045 The financial statsmerttswereapproved bythe board oftrustees and are Signed behalfofthe board by.. AA Patel Date.. 15 lune 2026 The notes on pages8 to io fom an integr3] partofthese financia] 5tatenJents Goodwill Foundation Charitable Trust Notes to the financial statements for the eareDded 31 Au st 2025 l. Accounti￿ Pollcies.. The principal accounting policies are summarlsed below. The accounting policies have been applied consistently throughDUt theyear and the precedingyear. la) Basls of preparatlon The accourtts IFJnancial statÈtnEntsl have been prepared underthe hi5roricJ costconventlon with ite]ns recoEnised at cost ortraDsaLtion value unless otherwlststated in the relevantnotelsl to these accounts. The financial st3trnients have been prepared In accordance wlth the second editiott ofthe Charitie5 Starementof Recommended Prarti¢e issued in OctobeT 2019. the Financial Reporbng Stsndard applicable iftthe United Kingdom and Republic ofireland IFRS 1021 and the Charities Act 2011. The 2t¢ounts (financial statements) have been prepared to give a'rrue and fair" view andhave departed from the Chariues (Accourttsand Reports) Rewlations 2008 onlyto the extentrequired to provide a"tNe and f3lrview-.This departure h3$ involved following the relevant verslon ofthe Stattmentof RecoTnmended Practice applicable to charities preparing thEir accounts in accordancewith the Financial Reporung Standard applicable in the UK and Republic ollreLHnd IF￿ IOZI rather than theAccounting and Reporting bycharities.. Statetntntof Recommended Prdttlce effective frDll] I ApTiI 2005 which has since been withdrawn. (b) Fund accountlng General tunds aTe unrÈstrirted funds which are available forthe use ofdiscretlon ofthe trusteEs in further3nce of thegeneral objectives of the charityand has not been putaside forother purposes. Restricted funds are funds which are to be used in accordancewith specific restrictions which has been ralsed bythe charity foraspecificpurpose. The cost of ra5slng and administeTing such funds are charged again5tthe specific fund. (c) IncomlngresouTces All Incoming resources are included in the Statement olfinancial artiviries when the charity is entitled to the income and the amounr can bequantified wlth reasonable accuracy. Tht followin8 5pecificpolicie5 are applied to the particular categories of incon]e.: Voluntsryincome isreceived bywayofgranr5, donationsand gifts and is included in full in the 5tatementolfinancial activitie5 tyhen recelvable. Grants where Èntitlement is notconditional on the deliveryofa speclfic performaDce bythe charity, are recognised when the charity becomes Uncondition￿]Ye￿tlt￿ed to the granL Donated servlces and 13cillties are included atthe value orthe chaTitywhere itcan be quanufied. Thevalueof services provided byvolunteEr5 has notbeen included. Ic) Resources expended Expendlture Is recognlsed on art accruals basis as a liabi]ityis inCUTred. Expenditure includesanyVATwMch cannotbe fully recovered, and is reported as partofthe expendI￿re to which it relates. Charltabl& expejjditure comprisesthose costs illCUTred by the charity in the deliveryof itsactivities and services lorits beDeficiaries. It includes both costs thatcan be allocated to such attivitie5 and those costs ofan indlrect nature rtetES5aryto supportthetll. (d) Goingconern The pnndple rffisk faclng thecharity is its abdityto generate Sufficient incotne to cover expendlture incurred u] fulfillingthe objectives ofthecharity. The trustees have revlewed the cash pos2tiDn and cash forecasrs ar the date ofslgningthe aceounts and are Satisfied that thecharity will be able to meetall ofits financial commltrnents. Asaconsequence the irnstees believe thatthe charity i5 well placed tD ]nanage its financial risk5 succe55fullydespite the currentuncertain economic outiooK especiallywith regard to Covld-19 artd thatthe charityhas adequate reservesto continue in Operation￿ e]ustene* forth@ foreseeable future. Accordinglythe trusteesconttnue to adopt thtgoing concprll b35is in preparing the accounts. 2025 Unrestricted fund5 2024 unreSt￿tted fonds 2. Donations Donationsfrom individuals & or8ani5atiotJs 178.SS3 245,868 Good￿11 Foundation Charitable Trust Notes to the financial statements for the ear ended 31 Au st 202S 2025 2024 3. Costofcharktableartivities Charitabl2acbvitie5 Administrative costs 204.260 384 189,688 512 204.644 190,200 4. Trustee$, remuneration Employtnentcosts None of the mwees received lee5 orexpensesduring theyear12D25.. nlll. No persons were employed during theye3r12024.. llil) 2025 2024 5. IndepettdehtexamSnatlon fees Fees payable to the Independent examirter lorexatnination ofthe financl81 statements 350 350 6. Credltors.. arnounts fallkn8due wlthln oneyear 2025 2024 Other creditor5 2.688 2.338 2,688 2,338 7.Analysis of charitsblÈ tunds At I September 2024 IDcomln8 re50urce$ Outgolng re50llrces At 31 August 2025 Re5trirted fvnds Unrestricted fi]nd5 Total funds 54,045 54.045 178,553 178.553 204,644 204.644 27.954 27.954 Goodwill Foundation Char&table Trurt Notes to the finantial statements for the earended 31 Au ust 2025 8.AnalysSs of netaSSÈtsbetween fyDd5 Unrestrlrted funds £ Re5tr1rted funds £ ZOZS Totsl Funds £ 2024Total Funds £ Currenta5sets Currentliabilities 30.642 {2,688) 30.642 {2688) 56,383 (2,3381 27.954 27,954 54,045 9. Related party transactiorts During the yearl A Sheth whD Is a trustee ofthe charity, donated £60,520 to the charity,12025.. £101,401}. All transactionswith relaied parties were cortducted at3Trn5 length and in accordance with the charity'50bjecUves.