Charity number. 1165565 GOODS FOR GOOD (GLOBAL) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
GCQDS FOR GOOD {GLOBALI CONTEPtrs Page Reference and admini5tTative detalIs of th• charity, its trustees and advisers Trustees, report Independent examinerfs report ststement of flnanclal activities Balance sheet Notes to the financial ststements 9-15 The followng pages do not form part of the statutory financi81 statements.. Detailed income and expendknre account and summarfgs 1F*17
GOODS FOR GOOD (GLOBAL) REFERENCE AND ADMINISTRATIVE AlLs OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 IAARCH 2025 Charity registered number 1165565 Principal office 100 11 StreeL Watford. WD24 SAD Chief Executive Rosalind Bluestone Trustees Noah Bemstein lan Crooke Michael Stock Meiqin Yan Kelly Goosen Mark Ashman Narendra Laljani Atyson Walsh Accountants Gre8n & Petgr (UK) LimÈted Chartered Accountant5 1399 High Road Whètstone London N20 9HR 11Page
GOODS FOR GOOD (GLOBALI TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual reFQrttogetherwith th&finarla1 stateMts of GOODS FOR GOOD IGLOBALI forthe Yearend 31 March 2025. The Trustees confimi that theknnual report and financk41 statement$ of the chartty wnply with the cutterrt statutory requirements, the requirements of the chanty's governing dment and the provisK)ns of th8 Statement of R8commendeJJ Practice ISORP} "Accounting and Reporting by Charities" issUj in March 2005. STRONGER TOGETHER: IMPACT THAT MATTERS Gocxls For Good Annual Impact Rew)rL" April 2024 to March 2025 In a year markal by èscalatirKJ Crisey, we r&lUcl nnesSary W8Ste and lessened the enwronmentsl ]rrwl of overproduct, turning surplus into Irfhanging support. Whether it was a f3rnity in temporary accomrnodatKJn in Watford or a dwlaced child on the Ukraintan bther. our goal remained the same." to deliver dignity, restore stability and provide essentials when they were needed most. Vvorking wth trusted chanty arKI corrK)rate partner5, VR reached ovet 660,000 people across 23 countries. delwering aid that directty respondgj to urgent human need. and divert over 520 000 kg of huh-quality gThyJs from landfill in the pre$s. SUSTAINABILITY AT OUR CORE We gave second lffe to clothing. schcd wear, srK¥ts knts, bedding, fcth¥@ar and hygne essentiaL8.' ern5 that brought warmth, cornfort and stabirty to people facing crisis, both in the UK arKI around the wodd. By keeping g0LxI-quty gol$ in use. we reduwl unnecessary waste and helttd lessen the envirDnmental Impact of overproduction, tUrniTVJ surplus into life<hanging support. Thanks to the combined support of cyjr partners. volUnteS and donor5, we were able to ddNer esse"al aid whi keeping valuable resources in use and out of L4ndfill. HEADLINE FIGURES - 863,372 péople supported - 23 counth"e5 reaChj - 63,OOOKG of C02 saved - 526,850KG of wods saved landfill FROM CRISIS TO POSSIBILITY Vvhen someone reNeS the right focthear, they can walk lo school. play sporL or take up a job offer. When a child gets school uniForm and supplies. they can leam wrthout shame. en families re toiletries, ddIng or ncl prcMJucts, li eases pressure and restores nomwlity. Essentials make all the drffetenTr. They []UCe isoL4tion. Unk acGes5. and opell the dox)r to longer-temi change. From krtfOrdsh1re lo Sierra L. from Watford to remote villages in Eastem Europe, we helped over 660.LK)O people take steps tthvard SOTnething better. 21Pag8
GOODS FOR GOOD IGLQBAL) TRUSTEES REPORT {continued} FOR THE YEAR ENDED 31 MARCH 2025 BREAKING THE CYCLE OF INEQUAUTY Our partnerships are transfom)ing evayday lives in praclKal. prywerful ways. In CcThvley H61. (fft of Hertfordshire's most depiived areas. wular donats.or ot branded sports kit have enabled hundreds of young p9)p to cesS safe, structured ath1t, reducing antisocial behaviour and opening up new opportunities. In rèmote parts of Moldova, we're heI[j chiFdren wkn've faced SlouS challenges eaty in life grow ijp in stsb environments. wth posrtNe ro mcKleis and hope for the future. Click to watch thg hurnan StleS behind11 nufftbe othu.helUmxKZnDJ3eY? i=m1LqI ettSOUw5 PROGRAMMES THAT DELIVERED CHANGE We scaled up to m8et need wh8r8 rt was nKtst urgenL supwts.ng 25 mre Peop than the year before, a clear reflection of rising global need and the streryth of our growing prrarr0e$. Thr¢)ugh targeted aid and trust& partnerships on the ground. we deliver&J faster, rKffe effectrt. and wrth impact that lasts. REUEF FOR GOOD SCHOOLS FOR GOOD SPORT FOR GOOD ESSEKfiALS FOR GOOD Toiletries and hygiene products remain&1 one of the most pressiro and under- iesourced needs. We delive n¥pies. baby wpes. period products and other essentiaLs to families ng exireme financial pressure. easing the burden and Plping them prioritk8e other vital costs b'ke f(x)d and heating. As demand continues to gr¢)w, this remains a critical area of our gk)bal response. This year, we mbilisèd targèted erneryency aid in response to conflirt crisis disaster. From hygiene items and toilellles to elolhing. baby gwds and bedding, we delivered essentia that protected healih, brought stabilty and supported dignty in the most difficu of ircUmstan. A1 was distribuled to charity partne[5 working on the ground in.. Ukrdine, Moldova, Poland, Romania and the Middle East, reaching pecyle displaced by ar, recovering from trauma, or navigating dat life in severety disTU led condrtions. From classrLX)rns in Manchester to schwl CnrnUnrt1eS in Sièrra Leone, we delNer1 schocl wear, stationery and leaming essentials. In the UK alone. over 40 palkts of supplies were iStributed, helping thousands of pupils start the teTm equipped and included. For struggling families. these tterns Itfted huge financial burden ai a ¢ritical lime. For chiklren: they meant being dress* like thr peers, reaty to leam. and able to tske part without feeling OUL We suppjrted young peopte to access ssxJrL frcxn some of the fT>OS1 deprived areas in Hertfordshire in Moldwd. By provKling kits. train5 and equiprnent. we hdped create safe, structured environments that offerwj more than just pL3y. In MokJowd, that meant equipping aspiring Otympians. In the UK rt meanl grving young people a place to belony. build COnfyJen, ar change the course of their lives. 31Page
GOODS FOR GOOD IGL0&4LI THE POWER OF PARTNERSHIP Every box pk, every item disln"buted, every life impxted- it all starts wtth collabDration. Through our Hurnanrtarian Partnership IHAPI, vitd slo* wa5 th)nated by brands including Uniqlo. NEKf, Comfy Group, and The Dune Group.. Whi HRIF, our intemth"orral aid partner, enabbed larg scale distributv)n across Eurcye and Ihe Mhjdle EasL On the ground, partners such as My 1st Years and Focus Brands supwted kngistics- storing. packing, atvj moving gocmjs to where they were needed mctst. Local businesses including SA Law, Davtd Lloyd Clubs, Th@ Grove Hotel, SAS International, Thè Charles Kessler Foundation, 818ckRLKk. Sky StudNJs. and Wamer Bros back&Y our work through hands-on volunteering, in-kind support. and fvrKlrai5ing. Meanwhile, schcM)Is. faith groups, and indNKluals OsS our crnunty ran c0lkctlc dnves, rak% funds, and gave their time- helpiro us keep our day4LHlay ope[onS running and our impact growing. As need continues to rise. our work has rer been more vital. We are deepty grateful for the continued support of our partners, v(Aunteers: and GomTnunity as we k)ok ahead to the Challenges of the year to come. 'I'm proud of the inw)acl we've made this year. but we know the need is onty growing. As more peop fa hardship and ur)rtainty. Lwrjob i% to stay rea(ty, stay responsNe, and keep building the partnerships that make thK8 WQTk pible., Rosalind Bluestone MBE. Founder and CEO. Goods For Click to hear a messagefrom Founder and CEO. RosoliFBluest0nC A4BE.. s.lj outu.b&lxsT9L 4TRs?si-TtOv Thi1'nHOG6h This report was approved by the Trust on 24th Octoter 2025 and syJned on their behalf by. I_G lan Crooke MarkAshman 41Page
GOODS FOR GOOD (GLOBAL) INDEPENDENT EXAMINER'S REpoiYr FOR THE YEAR ENDED 31 MARCH 2025 INDEPENDE1 EXAMINER'S REPORT TO THE TRUSTEES OF GOODS FOD GOOD (GLOBAL) I rewrt on the firEanei81 ststernents of the charity for the year ended 31 March 2025 1th are set out on pages 7 to17. This rewrt is made solely to the chartys Trustees, % a b(Kly, in accordan with SPLtion 145 of the ChaTrties Act 2011 and regulations under sectKJn 154 of that Ael. My work has been undertak 80 that I might slate to the charty's Trust those fTthr5 1 am required to stat@ to them in an Independent examinerfs report and for no other purpose. To the fultht extent pemiitted by law, I do not accept or a&8um@ reswnsibilty to anyone other than the charity and the charity's Trustees as a body, for my work or for this report. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER I he tharity's Trustees are resp)nsible fortt preparati( of the financral statements, and they consider thal an audtt is not required for this year under sethn 144(2) of the Charitbes Ad 2011 (the Act} and that an indepeThJent examinth.on is needed. It is my responsibilrty to.. examine the finanual staements under 145 ofthe Art foll¢yrtthe procedures laKI d¢y•vn in the genersi Diwtions gwen by the Charity Commissrjn und&r section 14515)(bl OF theAct. and state whether partlar maiters have tome to my attent)n. BASIS OF INDEPENDEKf EXAMINER'S REPORT My examinatrjn was carried out in 8jx0rdan with the genal Directv)n5 given by the Chanty Commission. An examination includes a review of the aCUting r[S kept by the charty and compariwn of the financial ststements presented wth those records. It also irKludes CorIderati of any unusual f(ems or disclosures in the ffinancial statements, and seeking explanations frcffl you as Trustees ConmIng any such matters. The prDcedures undertaken do not provide all the eviden that would be required in an al11, and consequenty no opinion is gNen as to whether the financial ststements present a'trueand fairvtvk andthe report 1$ limited 10the matters setout in the statement below. 51P?ge
G¢)ODS FOR GOOD (GLOBALI INDEPENDENT EXAMINER'S REPORT (continuedl FOR THE YEAR ENDED 31 MARCH 2025 INDEPENDENT FAAMTNER'S STATEMEKr In connection wth my examin*"(, no matter has come to my 81tentDn". {11 which gNes me reasonabk cause to believe that in any material res1 the requirements.. to keep auntIng rrdS in axanCe wtlh sthin 130 ofthe Art and to prepare financia statemerts'whKh with the aCUntiN9 and compty with the accounting requirements ofthe Act have not been met., or 12) to which. in my opinion, attention shoukl be drawn in orderto enable a undeTStanding of thefinancral statements to be reached. Signed.. /LJ-a iolii 61Page
GOODS FOR GOOD (GLOBAL) STATEMETr OF FINANCIAL ACThlmES (In¢ory>oratÈng In¢ome and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 202S Total funds 2025 Total funds 2024 funds 2025 funds 2025 Note INCOME: DOnat)S Interest Oth trading actThiilies 203,916 45.133 249,049 1.730 290,212 TOTAL INCOPAE 9452 EXPENDITURE ON: Charitab18 actiwtss Govemance costs TOTAL EXPENDITURE 91,827 14.167 105,994 44.088 231998 276 086 NET INCOME I (EXPENDITURE) BEFORE OTHER RECOGNISED GAINS AND LOSSES 19.326 24.620 23,366 NET MOVEMENT IN FUNDS 19.326 24620 23,366 RECONCIUATION OF FUNDS: Total funds broughl forward 114113 340 162 TOTAL FUNDS CARRIED FORWARD The rteS on pages 9 to 15 form part ofthese finanual statements. 71Page
GOODS FOR GOOD (GLOBAL) BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note FIXED ASSETS Tangible assets 11 1.161 2.487 CURRENT ASSETS Debtors 12 25.716 10.896 Cash at bank and in hand 205.707 181,395 CREDITORS: amounts falling due within one year NET CURRENT ASSErs 159 966 ASSETS CHARITY FUNDS Restricted funds 14 53.634 48.340 Unreslri¢led funds 14 TOTAL FUNDS The financial statements wer8 approv1 ty thè Trustees cm 24th October 2025 and soned on their behalf. by.. lan CrocA(e Mark Ashman The notes on pag8s 9 to 15 fomi part ofthese finan¢kql gtstemenls. 81Page
GOODS FOR GOOD IGLOBAL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES 1.1 Basis of preparation of financlaj StateMts The financial statement5 have prepared under the histoital cost convention. with the eptIOn of investments which are inclLKled at rnaet 1Ve, and in accordance wl(h the Fina[la1 Reporting Slandard for Smaller Entrties {effethe January 20151. The financial statements have been prepared in accordan with the Ststement of Recommended Pracare (SORP). 'AecountiThJ and Reporting by Ch8rities' published in March 2005 and applicable accounting standards. 1.2 Fund accounting General fvnds are UnreStrted fvnds whh are availab for Ltse at the discretion of the Trustees in rtheran of the general objectives of the chanty and whh have not been desKJnated for other 1.3 Incoming resources AEI irKcMming resources are induded WJ the Statement Of financial aGtiwtie5 when the charity has entEtmenttO the fiJF)ds, certaintyof rt and the amountcan be mèasur&J wrEh sufficient relobilty. Donat Servi orfaalities, whKh cOMpre donated servic8s, are included in income at a valuation which is an estimate of the financial cost bome by the donor where suEh a cost is quantifiable measurable. No income k8 recc¥Jnised where there is no ffinanci cost bome by a third party. Incorne tax recover8ble in rtion to donations recenRd under Gjft ANJ or deeds of covenant is recognised * the time of the donat. Incorn tax reeoverabfe in rektJn to investmerrt ino)me is rgnISed at the time the investment income is receivable. 1A Resources expended Expendrture is CoUnt8d for on 8n acauats basts and has been included undei expense categories that aregate all costs for alkcaiion to activ1. Where cosls cannot be directty attributed to particular activities they have been allccaed on a basis consistent with the use ofthe resources. Governance costs are those incurred in conwtton with administrdtion of the tharrty and complian wth conststutional and statutory rjUIreMentS. 1.6 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost depatron. Dq)reciation is prDVtded at rates Cakulated to write off the cost offrxoj assets. less thrlIMated SIdUal value, overtheir exp8Cted useful lives on the foll¢y•¥ing bases: offi equipment- 33.33% stwht line 91Page
GOODS FOR GOOD {GL08AL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1.6 Pension comm1tiv)tS For defin&Y contrtJuti)n schemes, the anInt chargwj to the staiement of financial adivibes for PenOn costs isthetotsl cOntnbutnS payable in Iheyear. Drfferences belw*n contributions payable in the year and contnbuiK)ns actuaty patd aresh(A¥n as eilheraccnjals cw prepayments in the baL8n sheet. INCOME FROM DONATtONS Total funds 2025 funds 2025 funds 2025 fvnds 2024 Donth"ons Tot812024 OTHER INCOME Unrestricted Restricted funds funds 202S 2025 Totsl funds 2025 Total furFds 2024 Fundraising actwities Goods scdd Gnl ah 169.418 169A18 5.900 9.240 Total 2024 RESTRICTED INCOME Resfrrfcted Restnded funds funds 2025 2024 Grant Contractor expenses Logistics UKR SOS 2,367 13,526 24998 27,434 31.937 3Q,516 9,782 17 Communty inrtiatives iOIP3go
GOODS FOR GOOD (GLOBAL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2025 GOVERNANCE COSTS Totsl funds 2025 Tolal funds 2024 funds 2025 funds 2025 Salary Employer national insurance Pension contribubc Contractor expenses Printing. postage and stationery Insurance Subscription fee Saninar and training Computer Travel and subwstence Bank charge Advertising Generdl expenses Rent Paypal fees Accountancy f Telephone Repair & maintenance St8ff welfare Cleaning DeprecAation 122214 5.594 2.532 65,774 10,236 132050 5,594 IS32 80.B47 837 1,918 89,491 2,922 1,923 42,520 856 7.672 1.737 1,896 9,049 2631 364 47,409 4.235 18,831 236 2,880 1.601 15.073 1.918 12.755 8.428 8.428 15.159 15.159 1.474 20.7 20.507 1880 2.880 1.593 633 1,392 3.076 1.392 3.076 1,725 3,098 DIRECT COSTS Unrestricted Restricted funds funds 2025 Total funds 2025 Total funds 2024 Gocxjs purchased for dishibubon Transportation of goods Cage & freight Fundraising costs 171 43,791 1,220 60,812 8,213 33,631 2244 29,624 14,167 60.812 111Pag8
GOODS FOR GOC>D (GLOBAL} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 P•lARCH 2025 ANALYSIS OF RESOURCES EXPENDED BY EXPENCMTURE TYPE S&iff costs Depreciation othor costs 2025 2025 2025 Total 2025 Total 2024 Distribution of cbthes to foreign countries Fundraising costs Expendfture on goveman 45.182 60.812 156.755 45.182 60,812 298.657 44,088 140.576 1.326 231,998 Tot812024 ANALYSIS OF RESOURCES EXPENDED BY EXPENDfTURE AcMvmES Activities undertaken directly 2025 Total 2024 Distribution tsf clothes to foretgn countsies Fundraising $ts 46,182 60.812 44,088 NET INCOIAE I (EXPENDITURE} This is stated after chargw". 2025 2024 Depréciation of tangible ftxed 8ssets: - owned by the charity During the year, no TTUStees ary TeMuneratn (2025 - £NIL). During the year, no Trusleès receiv any bèrÈefrts in knnd {2025- £NILI. During the year. no Trustees recewI 8ny 1mburSeMent of expenses12025 - £NIL). 121Page
GOODS FOR GOOD (GLOBAL? NOTES TO THE FtKqNCIAL STATEMEp¥rs FOR THE YEAR ENDED 31 MARCH 2025 10. STAFF COSTS Staff costs were as folk74VS.' 2025 2024 Wages and salaries Empk)yer NIC Pension costs 132A50 5.594 89,491 2,922 The avewe numb of r$05 loyed by the charrty during the year was as follows.. 2025 2924 No. Employees 11. TANGIBLE FIXED ASSErs equipment At 1 April 21724 AddlOn$ 10,010 At 31 March 2025 Deprectation At 1 April 2024 Charge for the year 7.523 At 31 March 2025 Net book value At 31 March 2025 131Page
GOODS FOR GOOD IGLOBAL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. DEBTORS: Due within one yèar 2025 2024 DonatKsns Prepayrnents 17.059 4610 4.596 25.716 10.896 13. CREDITORS: Amounts falling due vdithin one year 2025 2024 Other taxation and social lity Other credrtcxs Credrtors accruals Deferred income 2W5 7.020 1.856 13,463 1,260 14. STATEMENTS OF FUNDS- CURRENT YEAR Balance at 31 March 2025 Balance at 1 April 2024 Income Expenditure Unrestrictod funds Reserve5 Other General funds 45.861 68.252 45.861 87.578 384,138 (3H812) 11 113 384138 R•strf¢ted funds Other Re5trKted funds Total of funds 141P8ge
GOODS FOR GOOD {GLOBAL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 STATEMEwf OF FUNDS - PREVIOUS YEAR Balance at 31 March 2024 Balance at 1 April 2023 Income Expenditure Unrestricted funds 45.861 60.940 45.861 68.252 Other General funds 181783 1171471) 182 783 175 471 114113 Restrict8d funds Olher RestrKled fvnds 28 116 669 48 Tclal of funds 151P8ge
GOODS FOR GOOD (GLOLI DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE Y&4R ENDED31 MARCH 2025 2025 2024 CHARrrY INCOME Donations tA)nations- restrict& Fundraising actwities Gocxys sold Gift aid 203.916 45.133 169.418 5.900 3.174 767,083 116,669 9,240 6,460 TOTAL CHARITY INCOME 427.541 299,452 LESS: CHARITY EXPENDITURE Salary Contractor expenses Fundraising costs Transportat of g$ Rent Advertising Computer expenses Travel and subsislen Employer natk)nal insuranc8 Seminar and training Cleaning Accountancy fees Pension contributions Insuran Telephone General expenses Staff welfare Depreciation Carria98 & freight Printing, postage and ststionery Repair and maintenan Bank ¢harge Goods purchased for dtstribtjtion PayPal fees Subscriptions 132.450 80.847 60.812 43.791 20.507 15,159 12.755 8.428 5.594 4,838 3.076 2.880 2.532 1.918 89,491 42.520 33.631 1&831 41,409 9.049 2631 2922 7,896 1098 2,880 1,923 1.672 I,EQl 4,235 1, 725 1.989 2,244 1.474 1.392 1,326 837 633 934 171 8,213 236 TOTAL CHARITY EXPENDrruRE 404.651 276.086 NET INCOME FROM CHARITABLE SOURCES 22.890 23,366 161P?ge
GOODS FOR GOOD (GLOBAL) DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INTEREST RECENABLE Bank int8r8St rec8ivable 1.730 NET INCOME FOR THE YEAR 171Page