THE LEVENSoLDsTE1N CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Charity name •nd numb Tho LevenG0th Charrtablè Tr Chanty Nunkn 1192 AddTev4 of charity 12 Ednwrd Wal* Hampsieod GdTcen SL[9 N2 OHU Mr M R. rIdte Mrs IA. J Goldste Mrs C.1. Hillrn ldle.1n Investsnent mènagern CannBcorO GenuTty 88 Woo¢ Street EC2V 11]R Accoufttants Strmpleys LLP 10 Straei H¢wnarkei London, WC2H 7tH) Bankers Cartw Prr¥ate Bank 9 Nd.4on Stfeoi 8ra(ffor4J 8Di &4N
THE LEVENS-GOLDSTEIN CHARITABLE TRUST TRUSTEES. REPORT FOR ThE PERIOD ENDED 31 MARCH 2024 The Trijstees wes&)I Ih&l rek¥Jrt lor Ihe Par March 2(124 Constitution Tho Trust is an unlneorphIeo t)O¢y reg ihc Crty Comnlssion Iregisterathtin numrjèr 119?632i and wd$ Greatea 3rol Decembv ?Q20. aiitt lom)&15eJJ by a Charrtabie Tr Qeed. Tr ts rÈ¢th¥ed luno troni Ihe Le5bc Leven5 chan Tru$1 (e#$ on the Same day. . ctridrity has fto fuè timLb (Y W trne emyeeS or ¥dL¥rte•rn to aSSiBt in wr#xn9 01 ¢lwrty,' the ¥JmirbtStrion téirg ear fAJt ty Ihe trtt thBm¥ths. Charfty Objectives ol Iht $1 i¥ to apply for 8uoh ¢horftab pwpos¢s as Ihe IllS 01 3bsoliite Ilnk fft The po1cleS by the malees wese aKips èrE to mzè ta offjanisatsons 11)¢m$¢l¥ th&Titatlp in rI?re Public 8enefit The charity ach¢ves its general by onli rt?kirvJ m#nuVJiLd d[KIèt to a wde ranq•. of h¢f rwlsi¥red harideg ana Ttye com.plièd 141.. unoer &¥¢tsBn 4 of th• Charthes kn ?011 10 ¢Juc tD pubb"c issued by thé Charty Risk Management The trustees have re4iu¥rnd iho m4tir arf Flrtar)ci Iisks 'at impact m the wk ol trust The Wiem$ ttwl hawe béÈn esiaEyish(yJ onable the truxees Ic) re¥>N Ind lake necesw steps Io ks5¢n thèse nskx In rtyoJai. tnisi¢¢s have dclegat£4 the Thr•geftL of tr1r VE5rrt porrfrl¥J lo a reputats fitrn of inve4rment manager5 $iityp¢l trtir perfcnnance IG re. Review of A¢tivitie5 and Achievements l.r the unaer rtrv7ew. in¢fft 3mpAJn& lo £2.912. Ghm alo a9reed 9115 ar, t• £3.076. Resorves Poliry The la.•.. •lM Iv maintwn free re8eryt m un¢oricred fvnds Al 8 level that 11 pro¥idE Suffi1 fvn¢s JJ) r6srffjnv in JPF>5¢ai>py.s graits ensure Ll2l arE sulfjaè.tyt fiunds a&ailablL tu Cover wJpptsr4 gr&i gQve¥rArinGe costs Tn¢ Intslrcs derided lo dDJ* tr1 m Ill curytrtt pèri&J.
THE LEVENS-GOLDSTEIN CHARITABLE TRUST TRUSTEES, REPORT FOR THE PERIOD ENDED 31 MARCH 2024 CONTINUED Statemtt of Trustees. Rosponsibilitk5 The Tws¢ee$ arc rnspon&b+è for p(waiing Trust••s' Rew ana th¢. firtWKk7t ststemerts th xujance 44ith applicable l• WMI Llnited Kinodom A(YJxmr¥ Stsrthrds (ted K>n9(Ivm Gpnw3Ny Accepte4 Prothcel. Thè l•w applicth• to &4t¢S In England arbj Wales requifes the Trusteèg to pore fir4al tat•mortJ tor t4 f4na4tY•l1 y¢ar whiG, give a true )ntt tair vtvw of 1he 3tste ol ovèrs of Llè charTty ano ¢f irKcvnmiTrJ r•gourrs arid appbctsi 01 of the ¢h&ty for the penod. In weoar)N thé fiAartaal sla11 thg Tw¥t•u we fWLw¢d al •rMunthg arxl Ihtn C¢JrtSler. bl IhE methc and orirryles in thè SORP. .¢1 io mike IgeMent$ and esbmalès tr&t arè •nd ryuttenr dl prpp¥e the fitignoal slatan)Ènts on conc•m bttvd uthss rl i¥ inappropr ft) k¥esum¢ tr• the dwity The Truste1 We re$oonsiblp tr keeptro piopct accoun4ng r•.c.or¢s tpJhh thsclosè wiin Ivqixmolje 3ceurac¥ #t gnytime the fin&11 ol the ch?rity anti tpabo them tts en$ur¢ the fnarL&il ccrnply Wih ltsj ChJTty iAccounis RewTIs1 R?swl8ions ?C8 T.Yy ats also rèswrblo tr 6af•gLarttJng ITr. a55qL5 of •the c>%)rity athj her4ro trtskxjg re0sthwLrfe steps tr th¢ prvLY*)n and detethon offrwd Irr¢s)ritiE Slgnod Mr M .R. Goldstcin A Mr8. hl. J. GcJste rs C.1 Hdlm¥r A. A Gojdsléin Oate
THE LEVENS£OLDSTEIN CHARABLE TRUST Accountanys Report to the Trustees on the preparation of the unaudited financial intomiatlon for the period ended 31 March 2024 In a¢¢¢ydanc¢ with Lne JettEr. order to assist you lo fitshl your d¢Jfw urty Its Ghanbes 2011 wv rcrylied thE statemp.rw8 of poges S 10 10. fftyn IIK. c4xmtiry i•ct¥d infonrotic d exF4?in8flon8 yrxi have gEven us. Th fevM Is madL. 10 iTho CP)attty's Board of Trustve% A% A kndy, In?cmrrte trt ierms 01 gur wga9pmort. Our Inancia,. siaL4mvntb' Ihal wv hav• been era t(} ccmp. report io ChAriys 84ara of Tutsiees Ilial wc havv done 50. and slate those mJttefS rh we have ayeed io aLv Its hem In mi$ rewrt armj rio ottr PLrpose. To th•. fra1.$1 extent wemiw by l&¥. dv 4Gr4pI or assume resp)IKtxiJty to anyone other thTrn m? ChMV$ Board ol TrusiLx'$ ils & LX, lry w woTk or fLY Ihis re We havo r¥ripd (pJt tlm enwqernt In accoroaryx with tethn¥cal wide2 iSqLd by tr¢ Instrtute ol Cltsrlprpd AEcrALn'.s In _nfjl3ntt Walc-. a<)d hdrfe Ecmolièc wrth thical widethce by Insttht• relaling to rriembers 0¢r9 its ¢1£311 AN¢me[S You h#v¥ a¢knWÈ¢ In Ihe siai&Yth of tnths, T•s$b$ll ¢JW IQ Uiai thg Ghlrty kept proper wi&itiro recc(ds to twre )InCl& Sialem Enal iruB ar¥J fwr view uTrJer the Chww 207 1 You l$lr IhJl lh• Ghanty 1$ em0 from [Y wrement ts an awjit lor ttKry yw. We h8ve not been isliuL4ed ptr cary oirt an avdii of finwKi41 tstat9ertys For mis re8¥or., have 4Qr4fs the Ufacy ty cumplétanèss of the aiO)uln',ng wcord5 or infornuon and ¢xpianffjtstsns you .*ave givEn tc us an¢ we do rt, therefare, exyess OPInn on the fmancial qmlem1S. Shipleys LLP Chart61 knuntapjs Ltsndjn WC2H 7DQ
THE LEVENSoLDsTEiN CHARITABLE TRUST STATEMEKf OF RNANCIAL ACTrVtriES FOR THE PERIOD ENDED 31 MARCH 2024 Unr•strlcted fund5 Income fTOrn.' 2.191.87 l191J7 2.261.45 61.45 Expènditure on: Rai&ng Fuftds tiive%lrrient managemenl costs Charrta&e Ytsvi Grar.ts rnade Legal lees $42.90 81l65 3.076.00 25T6. I4.10 1200.00 780.00 14.49B.9QI 1839.551 Net xpendithre 11307.031 13.3M101 Nd11055ygain on inveskncnts 1A49.89 1921681 m(Ncmeni R) ftsr 1757.14 {4300.78) Reconciliation of funds: Fund bartee lThight fo 7S08B.0S 79.388.84 FuThJ t)8IBn Carrhti fOr%ard * 31 March 2024 £74.330.92 £75.OB8.DO
ThE LEVENS-GOLDSTEIN CHARITABLE TRUST BALANCE SHEET AS AT 31 MARCH 2024 31 MARCH 2024 31 MARCH 2023 Flxed as$éts 73.672. 70.70&00 Current Sets bank 1,08019 1.$58.63 1638.92 1,66&29 3.923.77 S.S80.06 Currtnt liabiliti AKount•rcy te9 11,580.IXI) 6S8.92 74J30.92 4.380.06 7S.08•M& cufftnr a%L NET ASSETS 74330J2 75,088.06 R¢pr¢s•ntpd by: A¢¢umulatpd Fun%1¥ Unrestrrkad fur) 74,33Q_g2 76.OJ8.
THE LEVÉNS-GOLOSTEIN CHARITA8LE TRUST MOTES TO THE ACCOUKfs FOR THE PÉRIOO ENDED 31 IAARCH 2024 ACCOUNTING POUCIES li} Ba54$ of a¢¢ovntiiiE Tht.•t.ctsunts h2v• b••n prèpared LEnd&br the histofical cost con¥entioo is modttied bytP4e trnclusion invtr•lmLnis dt fitsr Vi]luL'. Ibl St•tefflentof R¢ommefided Pr•ctke Thq accounts hayo bEen prepared in 4CCOFdanie wrth applicablLTr accounting stondiirds and kn'vvnlintt RLV)rlsng by ChAritiL•S- Stat&m•nt of A•c.tsmmghdèd Pratticè and the Charitles Act 2011_ Icl Cn2 in bas and previous actounts I here has been no chbn¥e to ihL' it¢ounlin8 wh¢ies since Iosi yeor. No <h.)nRes hove been ftwde to a<¢ lor prEViOU5 ycaf Idl Income DT¥idLnd5 arising cquty invc5tmcThts ore ¥ccuunti.d for in thr yLar Ihl'y 4rc dbji. and hf Incomi)v. r•%thtr(s rtIJP.ffd 0(r il ch.)frty li.i% eniiilpd io IOurCe, 11 ff. cerl,)In ihJl Ihe re50ufiLS will . rLYL'IVL.d aFHI thL muni'iisfy ¥dluL' (rf incvminx rL'suufcL Clin mL.asUfLd wilh LCrt41inty. fel Expenditure LiabTrlities arp recogned. resourcps expended ¢TrS SOQn.Is Ihere is li It8al or consiiuciNc oble411on tommiting Ihc chJrily lu Llii cxplnditurc. AJI cxpcnditurL i> arcountcd fDr Dn aCCTua15 bJ5f• and has been d455ilied urbder hLadIn that aEgregate all costs reLited to thv. catQ8Qry. Grnis P¢iygbk. 4rL' PlE5 mode to third partie5 In the fvrthprance of the. ch3Tttable obJprtNe.s nf thp. tfusi. grnnts are accounted tor where elrher lh iru4iees hove èAretd to Fk)y ihe ¥i#nt withvvl ivndition pnd thE recipenl h)5 o IL'Jsori4blL' CACtiOn that theywill recei a grnnL Of any condition atiAc.hinA tn t. Krant Is Outside thE corttrol ot the trutt. Thc costs of r4i54ng tund5 ColSt ot Invostment manaRment f• Cosis of eh4ritsblc artivltie5 sncludè grants m•de. Charitable artNity costs also indude SL5PPOrt Costs whrflj knIC to ar.cauntAncy fee5. It) Furd actourttini All ihi Funds arE uritLStri£ted tundk The Trust D#ed allows this tund to spérf as or relAed 0$ ¢OkN¢41 atthe tru5toes' di5creiion.
THE LEVENS-GOLDSTEIN CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2024 CONTINUED InvÈStmprrt gains and losses In¥cstments Jre initially measured ot theif cosl Sub5LNU£titly measur•.d at thèir hir value at L'4cl% reporting dale., whlch gives Tlse to unrealised Bair405(S at the e.nd of th• tinhncial per whTrch 15 rflp.rtpd In the sofA. ftealised eainsllossLS are calculated as t. diff•r•tsr• hètweeh the 54le5 PTocepd% and the openinE carrying Ydlui or tht purchas• Pflr.• if acoyired dvrlng financial PLriud_ Pafiial di4[515.1re ac£ounted foi u5in¥ LIIL dVL%fdge valup. Fair vxliip 1£ bJsed oh the quulL'fJ price at the ba&Dce sheet dole without dedutlion of estimat•d futUf• sellinR Costs Debto Debtors are rL'LQEniSed at the settlement amount duL.. Prcpaymertts arn r•r.tsRnised at the invThced cosl prEpa. (fl1t01$ r.rrfitors Jre rel13ed when a prrtpnt IpgJl or construCtIvL* ublf6ation gxl%ts ar the balJrstt sh•et date as a rt5uh of a past pvpnt. it 15 probabll. that a trai)sfEr of ècr)rtomTrc benef wtll bE requTrred i¢ s1.Itli' the obli£ation, and the amounl Lan tIMat r?liably. Crediiors lire rKopnised ai iliL' 'temPt arnoiint_ RELATED PARTY TRANSAcfioNS AND TrUSTEes' REMUNERATION Thtric. drLp no emplovees other than ihe Trustev.s. Non• ol the Trusiees We paid rP_MUDeratn by IhL. I"mst dL5rinK the year, There weie no rran£acrons with the Irustse5 during the year. GRANTS MADE The chaiily awared grxnts to è mubcr of institution% in fijrtheranct of ils clwrFEablp. 1irjrite& i Ihe year. 2024 Numbtr of Gr4nts Grants Made Disat>l•ment Poverry relief Rl@louS 250.00 120.00 2,706.IXI ,076.IXI 1? 20
THE LEVENS-GOLDSTEIN CHARA8LE TRUST NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2024 CONTINUED 2024 21Y23 Miir*el valup 31 March 2023 Additions to investments ai ¢os"t Disposal salp pwee¢s {LossllBain on disoosal <Jf inve5tment5 Unrvalifed Ilossllgain oli reyaluhtion of investments 70.708 73,093 171.680} 1721 3.483 75.305 17.427 121.102) .4441 Mark•t vJlue ar 31 Mirch 2024 75,4,42 70,7a%
THE LEVENs)LDsTE1N CHARITABLE TRUST ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2024
THE LEVENS-GOLDSTEIN CHARITABLE TRUST CONTEKrs Page Leyl A1¥¥¥? Irttonnabon Trvbtves. Report ststemeN d Fir11 Ath'vitig