2024-04-30-accounts

The Goldcrest Charitable Trust		1147149
Receipts andpayments accounts				CC16a
01.05.2023 Period start date For the period from	To	30.04.2024 Period end date

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 22,799 3,760 - - - - - 26,559 - - - 26,559 247,000 - 7,961 780 156 - - - - 255,897 - - - 255,897 - 229,338 230,132 17,014 17,808	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - 682,575 - 682,575 682,575 - 4,054 - - - - - - - 4,054 459,226 - 459,226 463,280 219,295 - 230,132 99,198 88,361	Total funds to the nearest £ 22,799 3,760 - - - - - 26,559 682,575 - 682,575 709,134 247,000 4,054 7,961 780 156 - - - - 259,951 459,226 - 459,226 719,177 - 10,043 - 116,212 106,169	Last year to the nearest £
Investment income	22,799				30,231
Interest	3,760				1,856
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	26,559				32,087
A2 Asset and investment sales, (see table).
Sale of investments	-				1,433,646
	-				-
Sub total	-				1,433,646
Total receipts A3 Payments
					1,465,733
Grants awarded	247,000				485,000
Investment manager fees (VAT inlcusive)	-				6,736
Trust administration fees (VAT inclusive)	7,961				11,853
Independent Examiners fees	780				780
Cash management fee	156				20
	-				-
	-				-
	-				-
	-				-
**Sub total **	255,897				504,389
A4 Asset and investment purchases, (see table)
Investmentpurchases	-				922,371
	-
**Sub total **	-				922,371
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					1,426,760
	- 229,338		219,295	- 10,043	38,973
	230,132		- 230,132	-	-
	17,014		99,198	116,212	77,239
	17,808	-	88,361	106,169	116,212

CCXX R1 accounts (SS)

12/02/2025

1

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Details Details Capital account Income account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Investment portfolio ~~Joanne Spiceley (Feb 13, 2025 16:42 GMT)~~	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 17,808 - - - 17,808 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Endowment - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - Print Name Joanne Spiceley on behalf of Ludlow Trust CompanyLimited	Endowment funds to nearest £
			88,361
			-
			-
			88,361
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			787,546
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
	~~Joanne Spiceley (Feb 13 2025 16:42 GMT)~~	Joanne Spiceley on behalf of Ludlow Trust CompanyLimited
	~~,~~

CCXX R2 accounts (SS)

12/02/2025

2

Trustees’ Annual Report for the period

From 01 May 2023 To 30 April 2024

Charity name: The Goldcrest Charitable Trust Charity registration number: 1147149

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objects of the charity are to further such objects or purposes which are exclusively charitable according to the law of England and Wales in any part of the world and in such a manner as the trustees may in their absolute discretion think fit.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	In furtherance of the charity’s objects for the public benefit the trustees provide grants.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	In determining the charity’s activities, the trustees have had regard to the Charity Commission’s guidance on public benefit.

Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:
	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	During the year under review the charity made grants to thirty six charities totalling £247,000.
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the reporting period the charity had free reserves of £17,808 (2023: £17,404). In addition to the free reserves the charity has bank balances of £88,361 (2023: £99,198) and investments valued at £787,546 within the expendable endowment fund.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.
Amount of reserves held	Para 1.22
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional) You may choose to include further statements where relevant about: The charity’s principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46

A description of the principal risks facing the charity Para 1.46 Expendable endowment funds are those which are required to be invested to produce Other income but which may be transferred to unrestricted funds at the discretion of the trustees in order that they may be expended in furtherance of the charity’s objectives. Unrestricted income funds 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.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed dated 30 April 2012
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are appointed by the settlors during their joint lifetimes, or the survivor of them during his or her lifetime. Subject to this, appointment of the trustees shall be exercisable by the trustees from time to time.

Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51	No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Limited was paid £7,961 for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.
Other

Reference and Administrative details

Charity name	The Goldcrest Charitable Trust
Other name the charity uses
Registered charity number	1147149
Charity’s principal address	Trustees Department 1stFloor, Tower Wharf Cheese Lane, Bristol BS2 0JJ

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Mr N Dyson
	Mrs J A Dyson
	Ludlow Trust CompanyLimited

20

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Funds held as custodian trustees on behalf of others

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Investment Managers	Coutts & Co	440 The Strand, London, WC2R 0QS
Bankers	Coutts & Co	440 The Strand, London, WC2R 0QS
Accountants	KJF Accounting Limited	17 Sheringham Avenue, Southgate, London, N14 4UB

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Joanne Spiceley (Feb 13, 2025 16:42 GMT)
Full name(s) Joanne Spiceley on behalf of
Ludlow Trust Company
Position (eg Secretary,
Chair, etc)
Date
----- End of picture text -----

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of The Goldcrest Charitable Trust On accounts for the year ended Charity no lif any) 1147149 30" April 2024 Set out on pages 1 to2 Irernembef lo inrlude the page numbers of adddion815heetsl I report to the trustees on my examination of Ihe accounts of the above charity ("the Trust") for the year ended 30, April 2024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparalion basis of report of the accounts in accordance with the requirements of the Charities Act 2011 1"the Act"). I report in respect of my examination of the Trust'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 14515llbl of the Act. I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: 2 -2&g Name: Mr Keith Felton Relevant professional qualification(sl or body lif any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independenl examination of charity ac¢ounts.' directions and guidance for examiners). IER October 2018

Glve here brlef details of any items that the examinerwishes to dlsclose. IER October 2018

2025-02-13Goldcrest-Accounts

Final Audit Report

2025-02-13

Created: 2025-02-13 By: Estera Rzepus ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAoK9qp2RcEDkZS-tioJ3Rl60z6lVUvw74

"2025-02-13Goldcrest-Accounts" History

Document created by Estera Rzepus ([e-mail]) 2025-02-13 - 4:20:52 PM GMT

Document emailed to Joanne Spiceley ([e-mail]) for signature 2025-02-13 - 4:20:57 PM GMT

Email viewed by Joanne Spiceley ([e-mail]) 2025-02-13 - 4:42:03 PM GMT

Document e-signed by Joanne Spiceley ([e-mail]) Signature Date: 2025-02-13 - 4:42:53 PM GMT - Time Source: server

Agreement completed.

2025-02-13 - 4:42:53 PM GMT