cl¥ 1186730 THE LONDON GOOD STEWARDS TRUST A Charltable Incorporated 0rganisafy.on TRUSTEES. REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024
THE LONDON GOOD STEWARDS TRUST YEAR ENDED 31 DECEMBER 2024 CONTENTS P•g• Trustees. rep(xt Independeni Examinets statement ollknanclal athit*s Balan(x sheet Notes to the financlol stotefflents
THE LONDON GOOD STEWARDS TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DEC£eR 2024 The Tnths present Ihelr report togetherwth the fmndal slatements ofthe Tntsl lorthe year enth131 D¢certr 2024. The ancIal slAteffMts ha been wipared In accordance with th8 Ur Biian (cl1[10 30 seeth 2tr24) (b) 13 January 25) Mrs Claye Alklrlt Miss VKloria Dare Mr &rnn Rafiety 00 31 MarGh W25) Mr Hugh Gittuvts (ChalrfTom 30 Se&ember 2024) Mr Btsn Tafft (from 13 January 2025) Jmathan Andernon Top Nat. 105 St ¢knes Dth•. LoThJon, 8W1V 4DA The London Good SteaTallls Tnjst (Ihe TNsn Wds rvJi5tertd wlh Charly corny5sn as Chorilable IArwxirntsd organisat on 4 Decem 2019 and is gowrned by the tem of Its ¢onstitution. The Ch¥lies AGI 2011 wires the trustees to ensvre thaithe dwrly keeps accovnting recoft15 of 81 the (81iVs transadions so as to dlsdose at any time. with reasonat acujracy. the financial posilm ofthe charly at that time and to enablè them to ensurn that the finanr4al State[nts chaiivs assets hence fortaking teasonab Ste trjrthe We%tn1n and deie(A#)n ol enDr. frawj and other lffegulajllles. Truslees a sele¢ed based on ther sklls aThl (a)ni)eienoes. A skl matriK is used to A1entify any arnas of requiffnxnt and further Iwstees swJht who nwJM have skls li these aRas. Obhcllves and acilvilles The Trust eNi5ts for the advanrAment olthe Chtstlan MI50ft. &$ this Is set forth li the dodrkne of the Church of England. frKthe benefft olthe blIC resklino in th8 ofLondon. The advancement of relKJion is recognised as a dIaable ¢[m)Se havww Pllb bene The Charity a. the kYovtsn and Thiiitenance offarilitles for jb wor5h¥), b. the wo4tskJn ol Thinisters forthe tt)nduL of wblcworsh¥i and ol pafal care. . outreach and evangelisalion, d. the pronWton ofthe awareness aNI underslarMJYig of Ihe do(th)e of Ihe Chur( of England. The dodrkne otthe Church of E#gl•ThJ is forthe5e pUoSe$ to be nstr1 in acthrfance the chh of Enand IW)rshlk aThJ Do(arkno) Measure 1974 as OffuMy ena(ed. Publk benefft The Trustees confrfm that they ha* regard to the guwJan¢e issued by the Chaiity ComThlOn on publk benefft as (elledeAI in the purrA)se and a(ai¥ths olthe Tnffji detaknl abov¢.
THE LONDON GOOD SIEWARDS TRUST TrUSTEES' REPORT (CONTtNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achl8v•ments and financial The Tftt has ntInUed kn ts SUPPPOrt ol a new re al Ponders End In the east of Enfithl. North London. Granl duiing the year has been used to cover &lhoc sts doorn lor Sunday Se1($ on 15th De(%ntrr 2024 and has nI1)U¢d Is nMi5try adi¥es throughoth the year InchJdiNJ biL sludles. an Effjlish hThJuag6 COUTse and door-tfrdoor vtsls to ffleetlhe ¢onMnunty. The Trust has £11.C4)4 of doll to the Pdets End Testri¢l lund durfng the year and a further£2204 kn interest has been to $8 fi5 held wlthkn dgposl accounts. e Th( atso rnts"nue ts tvm-year grant fijnding of Sf Sfepfterts KÈsboume Pat a £S.(Tr)O granl Irom general funds towath they GhMren¥ and FaThles. w0erwh0 run5 Sunday morning famlles Thmnstry alongs¥J¢ evenkng mM)islry to slwjents y(wffJer aduls. The akn15 to the The Tnst re(yJW £111.740 (yvjwjkng gift ainl) in unyesbttlad donths duriThJ the year. In addtton. grnfrts of£228.699 was pabj to Ihe Diow ol London dui¥io the year Ing restrfwAed donatlons rnceibTd forthat purwse. during 2025. In earfy 2025. the Trusl has Comrn disw#)ns wilh the Southwark Good Stewa5 wlh a vhw to merye thelr Ope10nS wito Ih8t ofthe LoTh1on GO( ew0$ Tn¢. The TrusV$ tharfiable Obts were thawed th January 2025 to Mlen #s I)S to rlhe beneft ofthe publlc resmllng in the Oioceses of Lorn1( soul1r4¥a •i pr?ratM [thIs. R•seKve5 polky The Trust has Thllnhrol o%whè•Js arnj ac(ThdWy the TNstees have not deemed * necessary to have a policy for hthkng fmancAal reserv85. Reser are. however. hebj lo enatAe fundir¥J of future Ihey meetthe Twsfs requiremwts. Going conc•m The Trustees have rev the ac¢ounts and ¢(ythred the go•vJ ts)ncern ththe Trll and ha¥e not ¥Jentified any tsn¢wtsinties atM)Ut s abily to wrtinue a5 a going (%rm. Apwo¥ed by the Board otTnthes M 1Xh May 2025 aTrJ shjned on Is behaff plf Cé£tss Mr HwJh Gttiins Cmir
INDEPENDENT EXAMINEn REPORT TO THE TRUSTEES OF ThE LONDON GOOD STEWARDS TRUST (CHARITY NUMBER 292017) ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 I report to th8 tru$te85 on ffry exanmnalth of th• acwunts of the The Ldon Good St8rds Trust for the year ended 31 D8c8ntrr 2024. Responsibilities and basls of report As the charity tnjstees of the Tfust you are respmsth forthe preparation of the accounts in accordanc8 wlh the requirernents of the Charitss Act 2011 (Ihe Ad). I r8POrt in resp8cI of r(ty examination of the Trusys ac(unIS carried out under section 145 of the 2011 Act and in carrying out rry examination I have foiiwd all the apale Directions given by the Chaiity Commission undér seclK>n 14515)(b) of the A Ind•pndont gMmin•rfs slatsrnnt I have ¢ornted my exaw4natK)n. I confim that no material ffAtters have com8 to nry attention in conneclion with the exarrination gmng cause lo believe thal in any material respecl: 1. accountina rncords wpre not kept in respect of the TNst as roquirnd by saclion 130 of th• 2. the acc4)unts do not a¢ ith th¢)50 rnwds: or 3. the accounts do not with the aP1¢ab requirenxlnts con¢eming the fomi and content of accounts set out in the Charilies (AOUnts and Rery>rts) Rylalions 21J)8 other than any requirernjnt that Ihe acwits give a ue and fa vithvwhich is rnt a matter coftsidered as part of an independent exaff•naliDn. I have no concerns and have corn auoss no other matters in ¢onnedion ilh the examination to which attenlion should be dra*m in Ihis report in order to enatAe a pmpr understanding of the accounts to be reathed. Jonathan Anderson May 2025
LOlalON GOOD STEWARDS 7RUST STATEMENTOF FIPIANCIAL ACTivmES FOR THE YEAR ENDED 31 DECEM8ER 2024 2024 24 2624 2023 2023 2023 Fun Fund Fund¥ Funds Fwls In¢offllno rnsourcas 111.740 rJ7,797 349.538 24.837 101,717 126,$54 5.471 187 115 IM 240 IJ)2 355 IM)8 25 Crf)4 101831 128.835 •xp•nd•d charfIab Aclivit s,(x)0 242.019 247.019 34.1x1 36,130 5.lm 242,019 247.019 34.130 38.130 N•t Incofflel (expen¢fjlurnl 110JMYI 12P171 107 e7,701 ¥Y).705 110.r ,01 107.989 67,701 90.705 R•¢onc116•llon of fund• Tal fund5 brnugm f<¥w*rt 23.(N 67.701 90,705 Total fund¥ c•ffl•d foThwwd 133.010 85.e84 198,8M 67.701 90,70S
THE LONDON t300D 8TEK4ftD8 TRUST BALANCE SHEET FOR ThE YEAR ENDED 31 DECEMBER 2•24 NolE 2024 2(123 2023 1023 Funds Funds 2.043 210 2253 65 474 196 442 65.884 198.894 67 701 90 705 87.701 90.705 Tot81 ttent assets 133.010 Crnditors.. aft)Unts lallww duewdhii ong swr curmnt 133.IMO 85.684 198.894 67.7D1 WI.705 Met 133.010 65.684 198.694 23.004 67.701 90.705 Fund UnrBstrided funds 85.884 198 694 65.fj84 198.894 fj7 701 90 705 87,701 90.705 133.010 ApNo*l ty the Bojrd •lTnAlees on 121h May 2025 And sKJneO on ib beftaff by Mr Hugh Glbns Cha
THE LONDON GOOD STEWARDS TRUST P40TES TO ThE FINANCIAL STATEMENrJ FOR THE YEAR ENDED 31 DECEMBER 2024 I PrInCi accounthi9 poll¢kns TM fin0[1 stotemetts ofthe dwrlty ha% wepafed uTrJerthe hlstorlr31 $1 TINen1th thllh Ilents rncojnbed al cost ortranwalon ye unss Othe Statj. •ThJ In •c1e tho charleS SORP (FRS 102), wlih th• Charftl8s Ad 2011 aThJ wilh UK Gelwaty Accwnuffj Ail incA>n ts ¥Auted forgmss rec•bAd affl1 Is IKJwl•d i) th• stotsnrt of Fwwidal when Ihe Trt bets)mes enthd to the Ints)me. * is notth8t [4•the kK¥)rn. and the anwunt can be measured wvlh Sot r•WIy. Fln4nckg1 Grants don•tlorts onty the Satnt Fkndal A(1¢oStwhi the (arity has uncA)ndLlkJnal entldenytnt kn the Y¢sourcas. recewt i% 8rKI Is be measud Tellabty. Glft Akj rerIAble b Indwltd In incoffle whontlorn b • ¥•1 th)nor. Ariy Glft Ahj reco¥ered on a dcHMllon Is corffjM1ered to b8 part ofthat gfft aTrJ is trnd as gthjthi ts the sarn fvnd as tho Inttial donatN)n the dow orthetonns Of1 •ro•o1 Ualyllties we whwt I Is Ih%etythan rnthal there Is a leoal or n#TudI%• otrAlga15on as tsclared by the doTh)r. X+23 2024 Fmd• Fw Fmds FmdB Funds 1(8,928 237.703 347,1 2.770 41.816 44,580 1,W7 7.500 7.500 Glft Akl 1.813 111.740 ZJ7.797 349.538 24.837 101.717 126,554
NOTES TO Th£ Fw4ANcIALSTATElTS 2021 ¥J23 15x0 IS.0 28.050 34.130 243.019 247.019 3&130 115 1.013 l.W7 1253 Bthn¢• 202J iJ•ftXJ •8.181 67.701 S¢ bJwherfs P• London DthX85 Fwid 101.831 67.701 2024 for¥rd 31 D•r 2024 i J2•24 67.701 13.303 (15.321) .010> £15.320wu to St 4$POIEnd. 15 rBld8dkn LGSTb¢wtse Prf•siin Ch•pa151h?hwboNI atso o trustee.