Charity registration number: 260 The S&F GoodmanTn•st TRUSTEES REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2024 The S&F Goodman Trust Trustees Report and Financial Statemerts Year ende(131 Maych 2024 Trustee5 Report The Trustees present their report and financial statement5 f(Y the year to 31 March 2024. The S&F Goodman Trust is con5titutÈd under a Trust Deed dated 14 October 1969. It is reg15tered as a charity, registration numbèr 260908. Trustees during the year Mrs D Tala13y Mr M Talalay Subseqtjent to the year end Mrs D Talalay Sadly passed away. Mrs JS Talalay and Mr SF Talalay were appointed as Trustee5 on 3 September 2024 and 6 September 2024 respectivety. Registered Office 28 Park Crescent Mews West London WIG 7EP 8ankers MetroBank plc Investment Mar¥aEer Quilter Cheviot Investment Managers Accountant HMRB A550tiates Llmited 16 Winchester Road Alton H3mpshirèGU34 IRX The objects of the Trust are the establishment. maintenance. upkeep. management and the a5515tance or funherance of the charitable work cairied on anywhere in the world in connection with the care of person5 whg suffer from any mental disability, handicap or disorder and such other charitable putposes as the TrLEStees shall determÈne. Towards this end. the Trustees have distributed £33.62512023-. £26,(K)Sl to selected charities during the year. It is intended to continue to distribute eath such sum as the income and growth of the investmeftts will support. The Trustees have absolute discretion to invest the funds of the trust and no restrictions are plac on their power to invest. The Trust Deed requires the trustees to procure the preparation of financial statements. In doing so. the Trustee5 have selÈcted suitable accoijnting policies and applied them consistently, made judgements and estimated thai are reasonable and prudent and followed applicable accounting standards. The assets of Trust13part from cash held in the Trust bank account) are managed by a third party investment manager who provides reports ort investment perfOrMar￿ to the Trustees on a quarterly ba515. The Trustees are responsible tor keeping proper accounting records which disclose with re3sonable accuracy at any time the financial position of the Trust and to enable them to ensure that the Financial Statements comply wtth the requirès of the Trust Deed. They are responsible for The S&F Goodman Trust Trustee5 Report and Financial Statements Year ended 31 Marth 2024 58feguarding ihe assets of the Trust and hence for taking reasonable step5 for the prevention and detection of error, fraud and other irregularities. The Trustees do not recetve any remuneration fortheir role as Trustees. However th￿ are reimbursed for reasonable out of pocket expense5 incurrèd in carrying out their rde. In the year to 31 March 2024, the total amount of expenses feimbursed was £6012023.. £581. By order of the Tru5tee5 Date". OC 02. Q02) Mr M Talalay, Trustee The S&F Goodman Trust Trustees Report and Ftnantial Statements Year ended 31 March 2024 St4tement of Financial P05ition 2024 2023 ijnrestricted Unrestrstted Fund5 Funds Notes Fixed Assets Investments 872,417 803,778 Current Assets Debtors Cash at bank Credttors.. amounts falling duè within one year Net current assets 22,043 IS￿) 21.243 25,723 18001 24.923 Total assets less current liabilitie5 893.660 828,701 Net assets 893.660 828.701 Fund balance 893,660 828,701 Fund balance 893,660 828,701 These financial statements, comprissng the Statement of Financial Position, Statement of Financsal Activrties and the accompanying note5, were approved by the Trustees. Date 06.u2. 102< Mr M Talalay, Trustèe The S&F Goodman Trust T￿￿tee5 Report and Financial StatÈmes)ts Year ended 31 March 2024 statement of Financlal Activities 2024 Notes Unrestricted Funds 2023 Unrestricted Funds Inc(xnang Rtrsources Oividend income Bank Interest 25,325 26,512 25,325 26,512 Resources spent Direct charitsble expenditLtre- donations Administratign 133,6251 18531 134.4781 126,0051 19531 126,9581 Increase/ldecreasel in resources 19,1531 14461 Gainlllossl on investments Realised and unrealised 74.112 175.3661 Net movement in Funds 64.959 175.8121 Fund balance at stsrt of year 828.701 904,513 Fund balance at end of year 893.660 828,701 The S&F Goodman Trust Trustees Report and Financia Statements Year ended 31 March 2024 Independent EMaminerf5 RepDrt far the year ended 31 March 2024 to the T￿￿te9 ol The S&F Goodman Trust I report to theTrustees oll rny examinBttofi oft accounts of S&F Go(xlman Trust 1.the TrusVI for the year ended 31 March 2024. Responsibilities and basis of report As the charity trustees of the Trust you are respons1t￿e for the preparation of the accounts in accordan￿ with the reqLtirements of the Charitie5 Aci 20111~the Acfl. I report in respert of my examination of the TrLtst's accounts carried out under s.145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under 5.14515llb} of the Act. Independent Examinerfs Statement I have completed my examirbation. I confirm that no material matters have corne to my atlention in connection with the examination giving me tau* to believe that in any material respett.. 11 Accounting records were not kepi in respect of the Trust 35 required by section 130 of the Act.. or 21 The accounts do rlot accord wFth these retords.. or 31 the accounts do Mt compw with the applicable reqLtirements torbcerning the fomi and content set in the Chartties (Account5 and Reportsl Regulation 2(M)8 other than 3nv requirement that the accounts give a 'irue and faÈ¢ view which ts not a matter considered as part of an independent examination. I have no concerns and hève come across no other matters in Connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signèd Howar Fèllow ol the Institute of Chartered AccDuntants tn England and Wales HMRB si%sociatÈs Limited. 16 Winchester Road. Alton, Hafflp5hire GU34 IRX Date.. oo/-.l LC The S&F Goodman Trust Trustees Report and Financial Statemtnts Year *nded 31 Marth 2024 Nrtes to the Financtal StoteTnents fr•rthe year ended 31 March 2024 A¢¢ounting Polities The financial statements are prepared under the historical cost wnvention. modified by the revaluation of investments. Investment intome is recognised according to the ijividend due date. InVeStmeb￿ are shown at market value as determkned by the manager& Investments (quoted) 2024 2023 Valuation at st3rt of year MHnagement fees Capital withdrawn Income drawn in excess of dividend5 received Dividend income not drawn Revaluation at 31 March Market value at end of year 13,778 901.797 128.2311 15.4731 5,578 175,3661 803.778 74,112 872,417 Administration costs 2024 2023 Investment managers Accountancy Bank charges P05tsge and sundry 8(MJ 95 58 953 53 853 Credilors due in lessthan one year 2024 2023 Accountants fee 800 800 Related party transactions The Trustees tske no remuneration fOrth￿r role. although ttrw are reimbursed for necessary and reasonable expense5 incurred in the course of thèir duties.