THE GOLDHILL FAMILY CHARITABLE TRUST
(DATED 17 JANUARY 1974)
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2025
REGISTERED CHARITY NO. 267018
THE GOLDHILL FAMILY CHARITABLE TRUST
TRUSTEES AND OFFICERS
TRUSTEES
Michael Louis Goldhill Jacqueline Sara Segal Carolyn Lorraine Goldhill
CHARITY REGISTRATION NUMBER
267018 (England and Wales)
PRINCIPAL OFFICE
249 Cranbrook Road Ilford Essex IG1 4TG
BANKERS
Hampden & Co 9 Charlotte Square Edinburgh EH2 4DR
INDEPENDENT EXAMINER
Marc Green F.C.A. Xeinadin London Limited 249 Cranbrook Road Ilford Essex IG1 4TG
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THE GOLDHILL FAMILY CHARITABLE TRUST (DATED 17 JANUARY 1974)
TRUSTEES’ REPORT
The Trustees submit their report for the year ended 31 December 2025.
OBJECTS OF THE CHARITY
The object of the Trust continues to be to make donations to general charitable causes which the Trustees consider worthy of support as instructed by the Trust Deed. The funds of the charity are all invested in investment properties.
CONSTITUTION
The Trust was created by deed on the 17 January 1974 and is an unincorporated charity (Registered Charity No 267018).
The address of its principal office is:
249 Cranbrook Road Ilford Essex IG1 4TG
TRUSTEES AND OTHER RELEVANT PERSONS
The names of the Trustees and other relevant persons who have held office during the year are listed on page 1. Trustees are appointed by the continuing Trustees and, do not have any specific term of office.
No trustee received remuneration during the year. No trustee expenses were reimbursed (2024 – £ nil).
REVIEW OF ACTIVITIES
The result for the year is shown on page 6 and the position at the end of the year is shown on page 7. The market value of the investments on 31 December 2025 was as follows:
General Fund £1,365,000
This consists entirely of cash and an investment property.
PUBLIC INTEREST STATEMENT
The Trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit.
VALUATION OF INVESTMENTS
During the year to 5 April 1998 the Charity’s accounting policy for valuation of investment properties was changed so that these are now stated at market value rather than cost. This change was made in order to comply with Statement of Recommended Practice “Accounting by Charities” and its financial effects are shown in note 1 on page 9.
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THE GOLDHILL FAMILY CHARITABLE TRUST
TRUSTEES’ REPORT
CHAIRMAN’S REPORT
Expenditure for the year increased from £109,158 to £136,088.
Income for the year increased from £121,286 to £188,981.
TRUSTEE SELECTION
Trustees are appointed by the existing trustees according to the terms of the Trust Deed.
INVESTMENTS
Market Value at 31 December 2025 £1,365,000
RISKS
The Trustees are fully aware of the need to assess the risks faced by the trust and to respond in such a way as to minimise those risks. In order to minimise risk there is constant consideration of all financial issues by the Trustees together with the charity’s financial advisors.
RESERVES
The Trustees aim to maintain reserves sufficient to cover approximately 6 months of charitable expenditure. At the year end unrestricted funds amounted to £101,671, which the Trustees consider adequate to meet current obligations and planned activities.
On behalf of the Trust
M.L. GOLDHILL
J.S. SEGAL
C.L. GOLDHILL
Dated: 11 May 2026
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THE GOLDHILL FAMILY CHARITABLE TRUST
TRUSTEES’ RESPONSIBILITIES IN THE PREPARATION OF FINANCIAL STATEMENTS
The Trustees are required under the Charities Act 2011 to prepare financial statements for each financial year and which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements giving a true and fair view, the Trustees should follow best practice and:
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a. select suitable accounting policies and then apply them consistently;
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b. make judgements and estimates that are reasonable and prudent;
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c. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
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d. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which enable them to ascertain the financial position of the Charity and which enable them to ensure that the financial statements comply with the requirements of the Charities (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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INDEPENDENT EXAMINERS’ REPORT TO THE MEMBERS OF
THE GOLDHILL FAMILY CHARITABLE TRUST
I report to the trustees on my examination of the accounts of The Goldhill Family Charitable Trust for the year ended 31 December 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have 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.
Marc Green F.C.A. Xeinadin London Limited 249 Cranbrook Road Ilford Essex IG1 4TG
Dated: 11 May 2026
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THE GOLDHILL FAMILY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes: | £ | £ | |
| RESOURCES ARISING | |||
| Net rental income | 2 | 188,766 | 121,191 |
| Bank and other interest receivable | 65 | 95 | |
| _ | _ | ||
| TOTAL INCOMING RESOURCES | 188,831 | 121,286 | |
| RESOURCES EXPENDED | |||
| Direct charitable expenditure: | |||
| Grants | 3 | 130,643 | 105,025 |
| Other expenditure: | |||
| Management and administration of the charity | 4 | 5,445 | 4,133 |
| _ | _ | ||
| TOTAL RESOURCES EXPENDED | (136,088) | (109,158) | |
| NET INCOMING RESOURCES FOR THE | 52,743 | 12,128 | |
| YEAR | |||
| OTHER RECOGNISED GAINS AND LOSSES | |||
| (Losses)/gains on investments | |||
| Realised (loss)/gain | - | - | |
| Unrealised (loss)/gain | 1 | - | - |
| __ | __ | ||
| NET MOVEMENT IN FUNDS | 52,743 | 12,128 | |
| FUNDS BROUGHT FORWARD 1 JANUARY | 1,379,310 | 1,367,182 | |
| 2025 | |||
| __ | __ | ||
| FUNDS CARRIED FORWARD 31 DECEMBER | 5 | 1,432,053 | 1,379,310 |
| 2025 | |||
| ======== | ======== |
All funds are unrestricted.
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THE GOLDHILL FAMILY CHARITABLE TRUST
Balance sheet for the year ended 31 December 2025
| Notes: FIXED ASSETS Investments at market value 1 CURRENT ASSETS Debtors and prepayments Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Unrestricted funds 5 |
2024 £ 1,365,000 _ 55,233 101,671 156,904 (89,851) _ 67,053 __ 1,432,053 ======== 1,432,053 ======== |
2023 £ 1,365,000 _ 56,410 43,353 99,763 (85,453) _ 14,310 __ 1,379,310 ======== 1,379,310 ======== |
|---|---|---|
Approved by the Trustees
M.L. GOLDHILL
J.S. SEGAL
C.L. GOLDHILL
Dated: 11 May 2026
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THE GOLDHILL FAMILY CHARITABLE TRUST
Accounting policies for the year ended 31 December 2025
BASIS OF ACCOUNTING
The financial statements have been prepared on an accruals basis under the historical cost convention in accordance with the Charities SORP (FRS 102).
INCOME
Investment income is accounted for on the payment date for dividends, and for deposit interest on the date it is credited by the bankers.
Rental income is accounted for on a receivable basis.
INVESTMENTS
Investment properties are stated in the balance sheet on an open market value basis.
Investments listed on a recognised stock exchange are stated in the balance sheet at mid-market value.
EXPENDITURE
Expenditure is accounted for under the accruals concept.
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THE GOLDHILL FAMILY CHARITABLE TRUST
Notes to the accounts for the year ended 31 December 2025
| 1. INVESTMENTS AT MARKET VALUE INVESTMENTPROPERTIES 244 & 266 Heathway, Dagenham } 55 Warwick Way, London, SW1 } 28 & 28a Coombe Road, Norbiton } 5 & 7 Old Church, Clevedon Consort House, Burgess Hill Balance bought forward at 1 January 2025 At market value Additions at value _Less:_carrying value of investments sold Net unrealised investment gains Market value at 31 December 2025 Historical cost at 31 December 2025 |
2025 2024 £ £ 285,000 285,000 180,000 900,000 195,000 900,000 ___ 1,365,000 ========= _ 1,365,000 ======== 1,365,000 1,365,000 - - - - - - 1,365,000 1,365,000 ======== ======== 480,000 480,000 ======== ======== |
|---|---|
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THE GOLDHILL FAMILY CHARITABLE TRUST
Notes to the accounts for the year ended 31 December 2025
| 2. NET RENTAL INCOME 2025 £ Gross rental income receivable 218,231 _ Less: expenses Managing agent’s commission 7,560 Letting and lease renewal fees 1,809 Rent, rates and service charges 11,385 Insurance 8,669 Professional fees - Electricity 42 Repairs - 29,465 Net rental income 188,766 ======= |
2024 £ 167,373 _ 5,800 14,699 12,762 632 12,035 664 (410) 46,182 121,191 ====== |
|---|---|
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THE GOLDHILL FAMILY CHARITABLE TRUST
Notes to the accounts for the year ended 31 December 2025
| 3. GRANTS |
£ |
|---|---|
| United Synagogue Burial | 97.00 |
| Cure Parkinsons | 500.00 |
| Western Marble Arch | 3,867.00 |
| Royal Drawing School | 10,000.00 |
| Community Security Trust | 12,500.00 |
| SCG Supporting Children | 250.00 |
| Nightingale Hammerson | 12,500.00 |
| The Burial Society | 95.00 |
| Royal Drawing School | 10,000.00 |
| World Relief | 10,000.00 |
| The Burial Society | 95.00 |
| Holocaust Educational | 5,000.00 |
| Hatzola Northwest | 1,000.00 |
| The Burial Society | 137.00 |
| Ezras Hakohol | 500.00 |
| Western Marble Arch Synagogue | 1,000.00 |
| New Israel Fund | 100.00 |
| Stuart Young | 7,500.00 |
| Highly Sprung Performance | 5,000.00 |
| Brasenose College | 6,000.00 |
| Royal Marsden Cancer Charity | 2,500.00 |
| Dons Local Action Group | 500.00 |
| Community Security Trust | 7,500.00 |
| London Music Fund | 3,000.00 |
| Western Marble Arch Synagogue | 5,000.00 |
| North Wester Reform Synagogue | 1,771.00 |
| Archer Academy | 1,500.00 |
| Jewish Care | 17,500.00 |
| Place2Be Friends | 3,000.00 |
| Shop Drop | 500.00 |
| Radlett Reform Synagogue | 1,730.76 |
| ___ | |
| 130,642.76 | |
| ========= |
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THE GOLDHILL FAMILY CHARITABLE TRUST
Notes to the accounts for the year ended 31 December 2025
| 4. | EXPENDITURE | |
|---|---|---|
| – MANAGEMENT AND ADMINISTRATION OF THE CHARITY | ||
| £ | ||
| Independent examination fee | 5,389 | |
| Bank charges | 56 | |
| _____ | ||
| 5,445 | ||
| ===== | ||
| None of the Trustees of the charity received any remuneration or | ||
| out-of-pocket expenses during the year for their services to the Charity. | ||
| 5. | FUNDS | |
| UNRESTRICTED FUNDS | ||
| Balance brought forward 1 January 2025 | 1,379,310 | |
| Net movement in funds during the year |
52,743 | |
| __ | ||
| Balance carried forward 31 December 2025 | 1,432,053 | |
| ======== |
6. COMMITMENTS
The trustees have authorised no grants to be made after 31 December 2025.
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