Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 Registsred number.. 12818564 Charity number: 1190940 THE JANE GOODMAN CHARITABLE TRUST (A company limited by guarantee TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) CONTENTS Page Reference and admlnistratlve details of the Charity, its Trustees and advlsers Trustees, report Trustees, responslbllltles statement Independent auditorfs report on the finanaal statements Statement of flnan¢lal artlvltles io 8alance sheet li Statement of cash flows 12 Notes to the flnanclal 5taternents 13-20 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARIry. ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 AUGUST 2021 Trustees J M R Cohen, Trustee {appointed 17 August 20201 Baroness Hamwee. Trustee lappolnted 17 August 2020) Lord Sherbourne, Trustee (appointed 17 August 20201 Company registered number 12818564 Charlty rÈglstered number 1190940 Registered offlce CIO Clintons 55 Drury Lane London WC2B 5RZ Independent audltor SRLV Audlt Llmlted Chartered Accountsnts & Statutory Auditor Elsley Court 20-22 Great Titchfield Street London WIW 8BE Page 1 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) TRUSTEES. REPORT FOR THE PERIOD ENDED 31 AUGUST 2021 The Trustees present their report together with the audited financial statements of the The Jane Goodman Charitable Trust for the period from incorporation on 17 August 2020 to 31 August 2021. The annual report serves the purposes of both a trustees, report and a directors, report under company law. The Trustees confirm that the annual report and financial statements of the charitable company comply wlth the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Prartice ISORPI applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFR51021 (effective l January 20191. The Trustees present the annual report together with the flnanclal statements of the charfty for the period ended 31 August 2021. Objectlveg and artlvltleg a. Policies and objectives The prfnclpal objective of the charlty Is to make donatlons to other charftles wlthln the dlscretlon of the Trustees. In exerclsing thelr dlscretlon. the Trustees keep In mind the wishes of the late Jane Goodman, whose Will has funded thls charity. They operate broadly but not exhaustively in the areas of chlldren, medlclne, arts and areas of Jewish interest. If possible, the Trustees wish to keep the name of the late Jane Goodman allve by naming facilities, Structures and bursarles after her. or receiving publi¢ a¢knowled9ements of the glft, hi9hlighting her name. In settlng objectlves and plannlng for activities, the Trustees have given due conslderatlon to general guldance published by the Charity Commission relating to public benefit, ineludin9 the guidance 'Publi¢ benefit.. running a charity (PB21'. AchSevernents and performance Révlew of actlvltles Gift to the Children's Trust at Tadworth Court has enabled them to build a walkway between two of the buildings in their grounds, which has a plaque on it acknowledging the Gift from the Trust and which is ealled "Jane's Walkway. The Florilegiurn Trust acknowledge on their recgrdings the Gift from the Trust. Holocaust Learnlng UK makes films for students about the Holocaust and ackno%Yledge at the end of their films the Gift from the Trust. The Chabad Lubavitch Gift to the Synagogue acknowledges the Trust. Mercury Muslcal Development has devised educational courses for women in musical theatre in the name of the Trust. TaslEd acknowledges the Gift from the Trust. Chai Lifeline Cancer Care have dedicated a room in their headquarters in Hendon to Jane Goodrnan. University College London Hospital has dedicated a bridge in their new Haematology building to lane Goodman. The Community Security Trust, The Anthony Nolan Trust, Headcase Cancer Trust, The Campaign Against Anti-semitism and Diabetes UK have all acknowledged the Gifts in the name of the Trust. Victlm Support has dedicated a room at its headquarters to Jane Goodman. The Girls, Day School Trust has created a bursary at Sheffield High School for Girls to support one student from the age of 11 to 18, who could not otherwise afford the fees and extras and she will be known as The Jane Goodman Scholar. The Royal College of Surgeons of Edinburgh are creating prizes of merit in the name of the Trust. Page 2 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) TRUSTEES. REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 AUGUST 2021 Achievements and performance (continued) b. Future committed grants Durin9 the year, the charity committed to making the following grants after the balance sheet date'.- Holocaust Learning UK - £10,000 per annum in November of each year from 2021 to 2024. An additional £20,000 donation wa5 agreed to cover the costs of filing survivor te5ts'monies and £50,000 for a further docufllm. * Mercury Muslcals Development - £10,000 per annum In january of each year from 2021 to 2025. * The Royal College of Surgeon5 - £6.000 per annum in August of each year from 2021 to 2025. The charlty has allocated funds aslde to cover when the above commited donations are required to be pald. Financial revlew •. Golng concern After maklng approprlate enquirle5, the Trustees have a reasonable expectation that the charlty ha5 adequate resources to contlnue in operational existence for the foreseeable future. For thls reason, they continue to adopl the going concern basis in preparing the financial statements. Further details regardlng the adoption of the golng concern basls can be found In the accountlng pollcies. b. Reserveg poII¢y The Trustees alm to malntaln reserves at a level whlch would cover any future commlttments or expendilure. The Trustees consider that the amount of ￿serveS will dictate future donations and wlll conslst of donatlons recelved by the charity which are yet to be donated to indlvldual charitie5 and causes. The reserves at the end of the financial period We￿ El.300.478. c. Prlncipal funding The foundation Is prlmarily funded by the estate of the late Jane Goodman. d. Future development The fundlng of the charlty will continue to be ￿VIewed. The Trustees expect to make donations to organisations and individuals with the airn of improving the lives of individuals, in line with the charity's objectives and airns. Page 3 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST {A ¢¢)mpany Ilmlt•d by guarantso) TRUSTEES. REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 AUGUST 2021 Structurei governance and management a. Constltutlon The Jane Goodman Charitable Trust is registered as a charitable company limited by guarantee and was set up by a Trust Deed. Is a registereil charity in the United Kingdom, charity number 1190940 and is alsts incorporated as a limited company in England and Wales with company number 12818564. The Trustees, who are also directors for the purpose of company law, and who seNed during the period were'.- JMRCohen Baroness Hamwee Lord Sherbourne b. Methods of appolntment or electlon of Trugteeg The management ol the charlty Is the responslbility of the Trustees who are elected and co-opted under the terms of the Trust Deed. C. Ory•nls•tlonal $tru¢tur¢ •nd drflslon-m•klng pollcles At the annual Trustees, meetlng, the Trustees agree the board strategy and areas of attlvlty for the foundation including reserves and risk management policies and perftsrmance. The day to day adminlstratlon of donations is delegated to the administrator. d. Pollcles adopted for the Indurtlon and tralnlng of Trustees Trustees are encouraged to attend approprlate extemal tralning events where these wlll facllltate the undertaking of their role. Specific training is conducted as part of a board meeting where appropriate. DiKlosure of inform¥tion to •yditor Each of the persons who are Trustees at the time when this twstees. report is approved has confirmed that.. 50 far as that Trustee is aware. there is no relevant audit information of which the charity'5 auditor is unaware, and that Trustee ha5 taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information anil to establish that the charity's auditor is aware of that information. Auditor SRLV Audit ￿rnited was appointed auditor after the period end. Under section 487{21 of the Companies Act 2006, SRLV Audit knmited will be deemed to have been reappointed as auditor 28 days after these financial ststements were sent to members or 28 days after the latest date prescribed for filing the account5 Wlth the gistrar, whichever is earlier. Approved by order of the members of the board of Trustees and signed on their behalf by.. Trustee 1211312024 Page 4 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST {A ¢¢)mpany Ilmlt•d by guarantso) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE PERIOD ENDED 31 AUGUST 2021 The Trustees (who are also the dirertors of the charity for the purposes of company law) are responsible for preparing the trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare flnancial statements for each financlal pe￿0d. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial Statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently,. observe the methods and prlnciples of the Charities SORP IFRS 102),. make Judgements and accountlno estlmates that are ￿asonable and prudent,. state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departtjres disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it Is Inapproprlate tts presume that the charity will continue in business. The Trustees are responsible for keeplng adequate accountlng records that are sufficlent to show and explain the charity's transactions and disclose with ￿asonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companles Act 2006. They are also responsible for safeguardin9 the assets of the charity and hen￿ for taking reasonable step5 for the prevention and detertion of fraud and other irregularits'es. Approved by order of the members of the board of Trustees on and slgned on Its behalf by.. JMRCoh•n Trustee 12113/2024 Page 5 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE JANE GOODPIAN CHARITABLE TRUST Opinion We have audited the financial statements of The Jane Goodman Charitable Trust (the 'charitable company'l for the period ended 31 August 2021 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accountin9 Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable In the UK and Republlc of Ireland. (United Kinodom Generally Accepted Accountlng Practlcel. In our opinion the financial statements.. glve a true and falr vlew of the state of the charltable company's affalrs as at 31 August 2021 and ol Its Incomlng resources and applicatlon of resources, Including Its Income and expendlture for the perlod then ende(J,. have been property prepared In accordance wlth Unlted Kingdom Generally Accepted A¢¢ountlng Practice; and have been prepared In accordance with the requirements of the Charities Act 2011. Basls for oplnlon We condurted our audlt In accordance with International Standards on Auditln9 IUKI IISA5 IUKII and appllcable law. Our responsibilities under those standards are fvrther described in the audltor's responsibilities for the audit of the financial statements sertion of our report. We are Independent of the charitable company In accordance with the ethical requlrements that are relevant to our audit of the flnanclal statements In the Unlted Kingdom, Including the Financial Reporting Council's Ethical Standard, and we have fulfllled our other ethical responslbilities in accordance with these requirements. We belleve that the audlt evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relating to events or condition5 that, individually or collectively, may cast significant doubt on the charitable company'5 ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the respon5ibilitie5 of the Trustees with respert to going concem are described in the relevant sertions of this report. Page 6 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE JANE GOODPIAN CHARITABLE TRUST ICONTINUEDI Other information The other Information comprises the information Included in the annual report other than the flnanclal statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial Statements or our knowledge obtalned in the course of the audlt, or otherwise appears to be materially mlsstated. If we Identify such materlal Inconslstencies or apparent materfal misstatements, we are requlred to determlne whether thls gives rlse to a material mlsstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothSng to report In thos regard. Matterg on whlch we •re requlred to report by exceptlon We have nothing to report In respect of the following matters where the Charltles (Accounts and Reports) Regulatlons 2008 requires us to report to you if, in our opinion: the Inlormatlon glven In the trustees, report Is Inconslstent In any material ￿$pert wlth the flnanclal statements; or sufficient ac¢ountlng records have not been kept- or the flnanclal statements are not In a9reement with the accounting records and returns; or we have not received all the information and explanations we require for our audit. Responslbllltles of trust••s As explained more fully in the trustees, responsibilities statement, the Trustee5 (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation or the rinancial statements and for being satlsfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material mlsstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern ènd using the golng concern basis of accounting unless the Trustees either intend to liquldate the charltable company or to cease operations, or have no realistic alternative but to do so. Page 7 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE JANE GOODPIAN CHARITABLE TRUST ICONTINUEDI Auditor's responsibilit•es for the audit of the financial statements We have been appolnted as auditor under section 144 of the Charities Act 2011 and report in accordance with the Att and relevant regulations made or having effect thereunder. Our objertives are to obtain reasonable assurance about whether the financial statement5 as a whole are free from materlal mlsstatement, whether t1ue to fraud or error, and to Issue an audltor's report that Includes our opinlon. Reasonable assurance Is a high level of assurance, but Is not a guarantee that an audlt conducted In accordance with ISAS {UKI will always detect a Mate￿al mlsstatement when It exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be experted to influence the economic decisions of users taken on the basis of these flnanclal statements. Irregularltles, Indudlng fraud, are Instances of non-compllance wlth laws and regulatlons. We deslgn procedures in line with our responsibilities, outlined above, to detert material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detettlng Irregularltles, Including fraud is detailed below: Identifylng and assesslng potentlal risks ￿lated to Irregularitles In Identlfylng and assesslng rlsks of material mlsstatement In respert of Irregularitles, Includlng fraud and non-compllance with laws and regulations, we cOnside￿d the following: the nature ol the entity's Industry and sector, control envlronment, buslness performance and management incentives,. the results of our specific enqvirles of management and those charged with governance about their osyn Identification and assessment of the risks of irregularities. any matters we identified having obtained and reviewed the charitable company's documentatlon of their pollcies and procedures relalin9 to.. identifying, evaluating and complying wlth laws and regulations and whether they were aware of any Instances of non-compliance; detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud,. the Internal controls establlshed to mltlgate risks of fraud or non-compllance wlth laws and regulatlons; the matters discussed among the audit engagement team regardlng how and where fraud mlght occur In the fSnancial statements and any potential indicators of fraud. As a result of these procedures, we considered the opportunities and Incentlves that may exlst wlthln the organisation for fraud and identified the greatest potential for fraud in the following area.. the recognition of donations and legacies. In common with all audits under ISAS {UKI, we are also reqUI￿d to perform specific procedures to respond to the risk of management override of controls. We also obtalned an understanding of the legal and ￿gUlatOry frameworks in whlch the charitable company operates, focuslng on provisions of those laws and regulations that had a direct effert on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Art and tax legislation. In addition, we considered provision5 of other laws and regulations that do not have a direct effect on the financial ststements but compliance with which may be fundamental to the charitable company's ability to operate or to avoid a material penalty. Page 8 Docusign Envelope ID: 806858E4-7FA5-469D-B90F-C97EA2122E96 ## **THE JANE GOODMAN CHARITABLE TRUST** ## **(A company limited by guarantee)** ## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE JANE GOODMAN CHARITABLE TRUST (CONTINUED)** _Audit response to risks identified_ Our procedures to respond to risks identified included the following: - reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements; - enquiring of management concerning actual and potential litigation and claims; - performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud; - reading minutes of meetings of those charged with governance; and - in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business. We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. Whilst the procedures above describe the extent to which our procedures are capable of detecting irregularities, including fraud, there are inherent limitations in these audit procedures. The further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, misrepresentation or through collusion. We are not responsible for preventing irregularities, including fraud, or non-compliance with laws and regulations and cannot be expected to detect all irregularities or non-compliance with all laws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.orq.uk/auditorsresponsibilities. This description forms part of our auditor's report. ## **Use of our report** This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's Trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. Richard Gilbert (Senior Statutory Auditor) for and on behalf of **SRLV Audit Limited** Chartered Accountants Statutory Auditor Elsley Court 20-22 Great Titchfield Street London WlW BBE 18 December 2024 Page 9 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) STATEMENT OF FINANCIAL ACTIVITIES IINCORPORAnNG INCOME AND EXPENDITURE ACCOUNTI ICONTINUEDI FOR THE PERIOD ENDED 31 AUGUST 2021 UnrÈstrlctÈd funds 2021 Total funds 2021 Note UnrÈstrlctèd funds 2021 Total funds 2021 Note Income from: Donatlons and legacSes Other income 2,306,169 146,553 2,306,169 146,553 Total Income 2,452,722 2,452,722 Ex￿ndIture on: Charltable activitles 1,152,244 1,152,244 Total expendlture 1,152,244 1,152,244 Net movement In funds 1,300,478 1,300,478 Recon¢illatlon of funds: Net movement In funds 1,300,478 1,300.478 Total funds carried fonv•r41 1,300,478 1,300,478 The notes on pages 13 to 20 form part of these flnanclal statements. Page 10 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST IA company limitèd by guarant&o1 REGISTERED NUMBER: 12818564 BALANCE SHEET AS AT 31 AUGUST 2021 2021 Notè Current assets Cash at bank and in hand 18 1,492,378 1,492,378 Creditors: amounts falling due within one year 12 (43,900) Net current •ssets 1,448,478 Credltors.. amounts falllng due after more than one year 13 (148.000) Total net a59ets 1,300,478 Charity funds Unrestricted funds 14 1,300,478 Total funds 1,300.478 The entity was entitled to exemption from audit untjer sertion 477 of the Companies Act 2006. The members have not requSred the entity to obtsln an audlt for the Pedod In questlon In accordance wlth settlon 476 of the Companies Act 2006. However, an audlt 15 required In accordance wlth sectlon 144 of the Charitles Act 2011. The Trustees acknowledge their responsibilities for complyrng Wlth the requirements of the Act with respect to accountlng records and preparation of financial statements. The financlal statements have been prepared In accordance with the provlslons appllcable to entltles subject to the small companles reglme. The financial statements were approved and authori5ed for issue by the Trustees and signed on their behalf by.. JMRCohen Trustee 12/13/2024 The notes on pages 13 to 20 form part of these financial statements. Page11 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 31 AUGUST 2021 2021 Note Cash flows from operatlng actlvltles Net cash Inflow from operating attivities 17 1,492,378 hangé In eash and cash •qulvalènts In the perlod 1,492,378 Cash and cash equivalents at the end of the period 18 1,492,378 The notes on pa9es 13 to 20 lom) part ol these flnanclal statements Page 12 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 General Intormatlon The principal objective of the charity is to make grants to individuals and organisations. The Jane Goodman Charitable Trust IS a private company, limited by guarantee without Share capital, registered in England and Wales, registrats'on number 12818564. The registered office address is CIO Clintons, 55 Drury Lane, London, WC2B 5RZ. The Cha￿tY was incorporated on 17 August 2020 and commenced Its actlvlties on the same day. A¢¢ountlng poll¢l¢s 2.1 Basls of preparatlon ol flnanclal statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accountin9 and Reporting by Charities.. Statemerbt of Recommended Prartice appllcable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republ1¢ of Ireland {FRS 1021 {eNertlve l January 20191, the Flnancial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companles Act 2006. The Jane Goodman Charitable Tnjst meets the definits.on of a public benefit entlty under FRS 102. Assets and liabilities are initially recognised at historical cost or transartion value unless otherwlse stated in the relevant accounting policy. 2.2 Golng Con￿￿￿ The Trustees are satlsfied that the charity will be able to satlsfy Its flnancSal obllgatlons for at least 12 months from the date of signature of the financlal statements, whlch have been prepared on the going concern basls. 2.3 1n¢ome All Income Is recognlsed once the charlty has entitlement to the Income, It Is probable that the Income wlll be recelved and the amount of Income recelvable can be measured rellably. Grants are included in the statement of financial activities on a receivable basi5. The balance of incorne received for specifrc purposes but not expended during the period is shown in the relevant ftjnds on the balance sheet. Where income 15 received in advance of entitlement of receipt, its reCOgni￿On Is deferred and included In creditors as deferred Income. Where entitlement occurs before Income Is recelved, the Sncome Is accrued. Page 13 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 AccountSng pollcies (contlnued) 2.4 Expendlture Expenditure is recognlsed once there is a legal or construttive obligation to transfer economlc benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be meaSU￿d reliably. Expenditure is classified by artivity. The costs of each artivity are made up of the total of direct Costs and shared costs, Including support costs involved in undertaking each artivity. Dirett cost5 attributable to a single artlvlty are allocated dSrectly to that activity. Shared costs which contrlbute to more thèn one artlvlty and support costs whSch are not attributable to a single activity are apportloned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable attivity'es is Incu￿e￿ on direttiy undertaklng the attivltles whith further the charlty's objectlves. as well as any assoclated support costs. All expendSture Is Inclusive of Irrecoverable VAT. 2.5 Cash at bank and In hand Cash at bank and In hand Includes cash and short-term hlghly Ilould Investments wlth a short maturily of three months or less Irom the date ol acquisition or openlng of the deposlt or slmilar account. 2.6 Llabllltles and provlglons Llabilitie5 are reco9ni5ed when there Is an obllgatlon at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. UabSlllles are recognised at the amount that the charity anticlpates It wlll pay to settle the debt or the amount it has received as advanced payments for the goods or service5 It must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the rlsks speclfSc to the liablllty. The unwlndlng of the dlscount Is recognised In the statement of flnanclal activltSes as a finance cost. 2.7 Financial instruments The charity only has financial assets and financial liabilitles of a klnd that qualify as baslc financlal Instnjments. Baslc financial Instruments are Initially recognised at transattion value and subsequently measured at their settlement value with the exception of bank loans whlch are subsequently measured at amortised cost using the effecbve interest method. 2.8 Fund accounting General funds are unrestricted funds which are available for use at the dlscretlon of the Trustees In furtherance of the general objectives of the charity and which have not been deslgnated for other purposes. Page 14 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 Income trom donations and legaties Unrestricted funds 2021 Total funds 2021 Donatlons 2,306.169 2,306.169 Othér Income Unrestrlcted funds 2021 Total fund5 2021 Proflt on dlsposal of property Bank interest 146,430 123 146,430 123 146,553 146.553 The charity was donated a property on 25 August 2020 with the value of £1,645,000 from the estate of the late Jane Goodman. The property was held for sale until l Ottober 2020, when It's dlsposal was completed for consideration of £1,845,321 less costs incurred between thls perlod totalllng £53,891, glving rise to a profit on sale amounting to £146,430. Afft¥lysis of gr•nts Grants to lTrstltutions 2021 Total funds 2021 Grants, other charfjtable attlvltfjes 1,132,480 1.132.480 Page 15 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 The company has maije the following material grants to institutions during the period.. 2021 Name of Institutlon The Children's Trust, Tadworth Court The Florilegium Trust Holocaust Learning UK Blshopsland Educatlon Chabad Lubavitch of Islington Mercury Musical Development TastEd Chal Lllellne Cancer Care University College London Hospital Community Security Trust The Anthony Nolan Trust Headcase Cancer Trust Vlctim Support Campaign Against Antl-semltlsm Dlabetes UK Glrls, Day School Trust the Royal College of Surgeons loo,000 20,000 120,000 loo.000 10,000 50,000 12,480 loo.000 loo,000 15,000 loo,000 loo.000 loo,000 10,000 50,000 115.000 30,000 1,132,480 Analysig of expenditure on charitable •rtivities Summary by fund type Unrestricted funds 2021 Total 2021 Other charitable activities 1,152,244 1,152,244 Page 16 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 Analysls of ￿x￿ndItUre by adivities Grant Governance funding of Costs activities 2021 2021 Support Costs 2021 Total funds 2021 Other charitable activities 19,700 1,132,480 64 1,152,244 Analysls of governance costs 2021 Legal and professlonal Accountancy fees Auditor's remuneratlon 1,800 6,000 11,900 19,700 Analysls of support costs 2021 Bank charges 64 64 10. Audltor's remuTreratlon 2021 Fees payable to the Cha￿ty,$ audltor for the audlt of the chadty's annual accounts 11.900 11. Trnstees, remuneratlon and expenses During the period, no Trustees received any remuneration or other benefits. During the period, no Trustee expenses have been incurred. Page 17 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 12. Crtdltors: Amounts falllng due wbthin ont year 2021 Accruals 43.900 13. Cr¢dltor$: Amounts f•lllng due •fter more th•n one ye•r 2021 Accruals 148,000 14. Statement of funds statement of funds - current perlod Balance at 31 Augusl 2021 Income Expendlture Unmstrlcted funds 2,452,722 (1,152,244) 1,300,478 General funds - all funds IS. Summary of funds Balante at 31 August 2021 Income Expendlture General funds 2,452,722 (1,152,244) 1,300,478 Page 18 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 16. Analysls of fftèt assets bttwètn funds Vnrestrirted funds 2021 Total funds 2021 Current assets Creditors due within one year Credltors dve In more than one year 1,492,378 1,492,378 143,900) (43,900) {148,000) (148,000) Total 1,300,478 1,300,478 17. Reconclllatlon of Thet movement In funds to net cash flow from operatlng actlvltles 2021 Net Income for the perlod {as per statement of financlal attivltles) 1,300,478 Adjustments for: Increase in creditors 191,900 Net cash generated by operatlng actlvltles 1,492,378 18. Analysls of cash and cash equlvalents 2021 Cash In hand 1.492.378 Total cagh and cash equivalents 1,492,378 Page 19 Docusign Envelope ID.. 8￿58E￿7FA￿9c￿890F-c97EA2l22E96 THE JANE GOODMAN CHARITABLE TRUST (A ¢¢)mpany Ilmlt•d by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 19. Analysls of thangts In net debt At31 August 2021 Cjsh flows Cash at bank and in hand 1,492,378 1,492,378 1.492.378 1,492.378 20. Grant and donatlon eommltments During the period, the charlty committed to maklng certaln grants after the balance sheet date, whlch have been treated as a constructive obligation and which have been accnJed accordingly. Committed grants falling due within the 12-month period following the balance sheet date amounted to £26,000 and falling due subsequent to that date amounted to £148,000. Page 20