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&finar￿la1 stateM￿ts 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 d￿￿ment and the provisK)ns of th8 Statement of R8commendeJJ Practice ISORP} "Accounting and Reporting by Charities" issU￿j 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&lUc￿l ￿nn￿esSary W8Ste and lessened the enwronmentsl ]rrw￿l of overproduct￿, turning surplus into Irf￿hanging 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 pr￿e$s. SUSTAINABILITY AT OUR CORE We gave second lffe to clothing. schcd wear, srK¥ts knts, bedding, fcth¥@ar and hyg￿ne essentiaL8.' ern5 that brought warmth, cornfort and stabirty to people facing crisis, both in the UK arKI around the wodd. By keeping g0LxI-qu￿ty gol￿$ in use. we reduwl unnecessary waste and helttd lessen the envirDnmental Impact of overproduction, tUrniTVJ surplus into lifeOS1 deprived areas in Hertfordshire in Moldwd. By provKling kits. train￿5 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 p￿k￿, 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 c￿rnunty 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 r￿er 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 p￿ible., Rosalind Bluestone MBE. Founder and CEO. Goods For Click to hear a messagefrom Founder and CEO. RosoliF￿Bluest0nC 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 part￿lar maiters have tome to my attent*)n. BASIS OF INDEPENDEKf EXAMINER'S REPORT My examinatrjn was carried out in 8jx0rdan￿ with the gen￿al Directv)n5 given by the Chanty Commission. An examination includes a review of the aC￿U￿ting r￿￿[￿S kept by the charty and compariwn of the financial ststements presented wth those records. It also irKludes Cor￿Iderati￿ of any unusual f(ems or disclosures in the ffinancial statements, and seeking explanations frcffl you as Trustees Con￿mIng any such matters. The prDcedures undertaken do not provide all the eviden￿ that would be required in an al￿11, and consequenty no opinion is gNen as to whether the financial ststements present a'trueand fairvtvk andthe report 1$ limited 10th￿e 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 res￿1 the requirements.. to keep a￿untIng r￿rdS in ax￿anCe wtlh sthin 130 ofthe Art and to prepare financia statemerts'whKh ￿ with the aC￿UntiN9 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 r￿teS 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 approv￿1 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 StateM￿ts The financial statement5 have prepared under the histoital cost convention. with the e￿ptIOn of investments which are inclLKled at rna￿et ￿￿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 UnreStr￿ted fvnds wh￿h are availab￿ for Ltse at the discretion of the Trustees in rtheran￿ of the general objectives of the chanty and wh￿h 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 entEt￿menttO the fiJF)ds, certaintyof r￿￿t and the amountcan be mèasur&J wrEh sufficient relobilty. Donat￿ Servi￿ orfaalities, whKh cOMpr￿e 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 r*tion to donations recenRd under Gjft ANJ or deeds of covenant is recognised * the time of the donat￿. Incorn tax reeoverabfe in rekt*Jn to investmerrt ino)me is r￿gnISed 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 a￿regate 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 r￿jUIreMentS. 1.6 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost dep￿atron. Dq)reciation is prDVtded at rates Cakulated to write off the cost offrxoj assets. less th￿r￿lIMated ￿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 anI￿nt chargwj to the staiement of financial adivibes for Pen￿On costs isthetotsl cOntnbut￿nS 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 Ca￿￿ge & 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 TeMunerat￿n (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$0￿5 ￿loyed by the charrty during the year was as follows.. 2025 2924 No. Employees 11. TANGIBLE FIXED ASSErs equipment At 1 April 21724 Add￿lOn$ 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 (GLO￿LI 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