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The Goldcrest Charitable Trust 1147149
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01.05.2024 30.04.2025
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Investment income 24,533 - - 24,533 22,799
Interest 3,134 - - 3,134 3,760
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
27,667 - 27,667 26,559
AR)
A2 Asset and investment sales,
(see table).
Sale of investments - - 426,991 426,991 682,575
- - - - -
Sub total - - 426,991 426,991 682,575
Total receipts 27,667 - 426,991 454,658 709,134
A3 Payments
Grants awarded 187,000 - - 187,000 247,000
Investment manager fees (VAT inclusive)
- 3,517 3,517 4,054
Trust administration fees (VAT inclusive)
6,724 - 6,724 7,961
Accounts preparation 600 600 600
Independent Examiners fees 180 - - 180 180
Cash management fees 97 - - 97 156
- - - - -
- - - - -
- - - - -
Sub total [ 194,601 ] - 3,517 198,118 259,951
A4 Asset and investment
purchases, (see table)
Investment purchases - - 319,610 319,610 459,226
- - - -
Sub total [ - ] - 319,610 319,610 459,226
Total payments 194,601 - 323,127 517,728 719,177
Net of receipts/(payments) - 166,934 103,864 - 63,070 - 10,043
A5 Transfers between funds 164,897 - 164,897 - -
A6 Cash funds last year end 17,808 88,361 106,169 116,212
Cash funds this year end 15,771 - 27,328 43,099 106,169
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CCXX R1 accounts (SS) 23/02/2026 1 ## **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
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
Investment portfolio
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Capital account
Income account
**Details**
**Details**
**Details**
Signature
Per electronic approval|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**15,771**
**-**
**-**
**-**
**15,771**
**-**
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 Company Limited|**Endowment**
**funds**
**to nearest £**
**27,328**
**-**
**-**| |---|---|---|---| ||||**27,328**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**695,733**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
Per electronic
approval| CCXX R2 accounts (SS) 23/02/2026 2 ## **Trustees’ Annual Report for the period** ## **From 01 May 2024 To 30 April 2025** ## **Charity name: The Goldcrest Charitable Trust Charity registration number: 1147149** ## **Objectives and Activities** |**Objectives and Activities**|**Objectives and Activities**|**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)** You may choose to include further statements where relevant about: |**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** **----- Start of picture text -----**
SORP reference
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|**Achievements and Performance**|**Achievements and Performance**|**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 forty charities totalling
£187,000.| **Additional information (optional)** You may choose to include further statements where relevant about: |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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** **----- Start of picture text -----**
Review of the charity’s Para 1.21 At the end of the reporting period the charity
financial position at the end had free reserves of £15,771 (2024:
£17,808).
of the period
In addition to the free reserves the charity
has bank balances of £27,328 (2024:
£88,361) and investments valued at
£695,733 within the expendable endowment
fund.
Statement explaining the Para 1.22 The Trustees pursue a policy of maintaining
policy for holding reserves a free reserve available to be spent in the
furtherance of the charity’s objectives as
stating why they are held
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern
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## **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** |**Structure, Governance and Management**|**Structure, Governance and Management**|**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)** ## You may choose to include further statements where relevant about: |**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
£6,821 for trust administration services and
cash management fees during the year
under review. These fees are authorized
under clause 6 of the trust deed.||| |Other||| ## **Reference and Administrative details** **----- Start of picture text -----**
Charity name The Goldcrest Charitable Trust
Other name the charity uses
Registered charity number 1147149
Charity’s principal address Trustees Department
1 [st] Floor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ
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**Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Mr N Dyson
2 Mrs J A Dyson
Ludlow Trust
3
Company Limited
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
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20 – Corporate trustees names of the directors at the date the report was approved **Director name** Gary St John Collins Walter Duncan Coxon Ali Reza Sarikhani Ziba Christina Sakine Sarikhani Christopher Ian Thurlow Matthew John Wickers 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)** **----- Start of picture text -----**
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 TC Group 10 Bridge Street, Christchurch, BH8 8LP
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**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** **Signature(s)** Per electronic approval **Full name(s)** Joanne Spiceley on behalf of Ludlow Trust Company **Position (eg Secretary, Chair, etc) Date** Per electronic approval **Document Activity Report** **Document Sent** Mon, 23 Feb 2026 17:16:00 GMT **Document Approval Status** Approved **Approval Activity Summary** Joanne Spiceley Approved Mon, 23 Feb 2026 17:31:25 GMT **Document Activity History** Document history shows most recent activity first **Date Activity** Mon, 23 Feb 2026 17:30:32 GMT Joanne Spiceley viewed the document You can verify that this is a genuine Portal document by uploading it to the following secure web page: **http://tcgroup.accountantspace.co.uk/messages/VerifyDocument** **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name Goldcrest Charitable Trust **members of On accounts for the** 30[th] April 2025 **Charity no** 1147149 **period ended (if any) Set out on pages** Financial statements page 1 - 2 Trustee report page 3 - 12 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 30/04/2025. - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“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 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to 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 I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Date:** 24-02-26 **Signed: Name:** IM Rodd **Relevant professional** BSc ACA ACCA **qualification(s) or body (if any): Address:** TC Group 10 Bridge Street, Christchurch Dorset BH23 1EF 1 **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . n/a 2 **IER**