The Good Luck Charitable Trust
Registered Charity number 803744
Annual Report and Audited Financial Statements
for the year ended 5 April 2025
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THE GOOD LUCK CHARITABLE TRUST
Contents
Year ended 5 April 2025
| Page | |
|---|---|
| Report of the Trustees | 2-4 |
| Audit Report | 5-7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Accounts | 10-17 |
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THE GOOD LUCK CHARITABLE TRUST
Report of the Trustees for the year to 5 April 2025
Date of settlement:
20 March 1990
Also known as:
Mrs M E J Webber Charitable Settlement
Charity number: Settlor:
803744
Mrs Margaret Elizabeth Jane Webber
| The following amounts have been added to the settlement: | The following amounts have been added to the settlement: |
|---|---|
| 23 September 1997 | £50,000 |
| 11 December 1997 | £14,935 |
| 12 April 2000 | £776 Lucent Tech Inc shares |
| 2 April 2002 | £80,000 |
| 7 May 2015 (Mrs E A Brougham) | £10,000 |
| 9 June 2015 | £150,000 |
| 10 June 2015 | 19,000 The European Inv Tr Ord 25p |
| 29 March 2017 | 2,000 Electra Private Equity 25p Ord |
| 29 March 2017 | 6,000 Diageo 28 101/108p Ord |
| 29 March 2017 | 43,000 Fidelity Special Values 5p Ord |
| 5 April 2017 (Mrs M E J Webber) | £160,000 |
| 5 April 2017 (Mrs M E J Webber) | £322,488 2,000 shares in Electra |
| Private Equity Ord 25p shares, 6,000 | |
| shares in Diageo Ord 28p 101/108p | |
| shares and 43,000 shares in Fidelity | |
| Values Ord 5p shares | |
| 28 August 2018 (Mrs M E J Webber) £400,233 | |
| 28 August 2018 (Mrs M E J Webber) £115,174 | |
| 3 January 2019 (Mrs M E J Webber) £30,000 | |
| 2 October 2020 (Mrs M E J Webber) 6,561.68 shares in Billie Gifford | |
| Overseas Growth Fund Class B | |
| American Fund Income Units | |
| 22 March 2022 (Mrs M E J Webber) 12,419.871 shares in Billie Gifford | |
| Overseas Growth Fund Class B | |
| American Fund Income Units and | |
| 232.89 shares in Schroders | |
| Investment Management | |
| (Luxembourg) S.A | |
| 27 July 2022 (Mrs M E J Webber) | 12,218.449 shares in Baillie Gifford & |
| Co Ltd Positive Change B Income | |
| 27 July 2022 (Mrs M E J Webber) | 302.11 shares in Schroders |
| Investment Management | |
| (Luxembourg) S.A. Asian Total Return | |
| Fund C Units | |
| 16 April 2024 (Mrs M E J Webber) | 4,279 shares in Whitbread PLC |
| 11,666 shares in Prudential PLC | |
| 2,165 shares in Intercontinental Hotels | |
| Group PLC | |
| 3,760 in Diageo PLC | |
| 5,508 shares in Experian PLC | |
| 29,189 shares in HSBC Holdings PLC | |
| 1,041 shares in AstraZeneca PLC |
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Governing Document:
Trust Deed
Objects:
The Trustees have the power to apply all the income and all or part of the capital for any charitable purpose which the Trustees consider to provide significant benefit.
The level of returns on the charity investment portfolio is considered a key performance indicator for the trust. Obtaining returns from the portfolio will enable the Trustees to continue to provide charitable grants.
Activities and Achievements: Income receipts in the year to 5 April 2025 totalled £122,174 which enabled £110,000 to be distributed from income during the year.
The endowment funds at the year-end were £3,495,086 (2024 - £2,637,014).
Public Benefit Statement: The trustees confirm they have referred to the guidance in the Charity Commission’s general guidance on public benefit when reviewing the charity objectives and activities and in planning future activities. It is the judgement of the trustees that activities in pursuit of the overall objectives fully meet the public benefit test which they have kept in mind in operational planning.
Trustees: Mrs M E J Webber Mr J A W Webber Mr M D R Shapley Principal Address: 1 King’s Arms Yard London, EC2R 7AF Trustees Selection Method: Existing Trustees have power to appoint new trustees. Appointment and training of Trustees: There are no plans to appoint further Trustees. No formal training is given to new Trustees but they are briefed thoroughly as to the charity’s activities. All expenditure is fully approved by the board of Trustees before being undertaken. Investment Advisors: Alder Investment Management Limited 1 King’s Arms Yard London, EC2R 7AF Accountants: Alder Asset Management Limited 1 King’s Arms Yard London, EC2R 7AF Auditors: Price Bailey LLP 24 Old Bond Street London W1S 4AP Reserves Policy: The Trustees distribute the majority of the investment income during the year. On occasions the trustees will reduce the overall fund once the income has been exhausted for the year for further distributions. At 5 April 2025 total reserves were £3,610,212 (2024 : £2,713,859).
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Going concern: The trustees have reviewed the current financial headroom as well as expected future cash flows and believe the charity can continue for at least 12 months from the date of signing of these financial statements. No further disclosures relating to the trusts ability to continue as a going concern need to be made in the financial statements.
Grant Making Policy: Trustees joint decision. Investments Selection Policy: A balanced return from income and capital growth. Risk management: The Trustees have examined the principal areas of the charity’s operations and considered the major risks faced in each of those areas. In the opinion of the Trustees the charity has established the resources and review systems which, under normal circumstances, should allow these risks to be mitigated to an acceptable level in its day to day operations. Key risks: The principal risks faced by the charity are financial risks concerning the loss of income due to a fall in markets wiping out the value of investments. The Trustees are content that these risks are managed as the charity has invested in a varied and diversified portfolio. Plans for the future: The Trustees plans for the future are to continue to apply all of the investment income and what donation income is needed for any charitable purpose. Investment portfolio performance is a key factor in the extent of grants that the charity will distribute to beneficiaries in future years. Accounts: The Trustees 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).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which gave a true and fair view of the state of affairs of the charity and of the incoming resources of the charity 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 principles in the Charities SORP FRS102 (2019);
-
Make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts Reports) regulations 2008 and trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees and is signed on behalf of them by:
Mark Sha le p y
Mark Shapley (Jan 27, 2026, 1:05pm)………………………………..
Mr M D R Shapley
27 Jan 2026
Date:
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THE GOOD LUCK CHARITABLE TRUST
Independent Auditor’s Report to the Trustees of The Good Luck Charitable Trust Opinion
We have audited the financial statements of The Good Luck Charitable Trust (the ‘charity’) for the year ended 5 April 2025 which comprise of Statement of Financial Activities and Balance Sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charity’s affairs as at 5 April 2025, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going 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 performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's 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 responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the trustees' annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and 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 obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement 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 nothing to report in this regard.
Other matters
The financial statements of the charity for the year ended 5 April 2024 were not audited. Consequently, we do not express an opinion on the corresponding figures for 2024.
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Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
-
the information given in the trustees' report is inconsistent in any material respect with the financial statements; or
-
sufficient accounting records have not been kept; or
-
the financial statements are not in agreement with the accounting records; or
-
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees’ responsibilities statement set out on pages 2-4, the trustees are responsible for the preparation of the financial statements and for being satisfied 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 misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We gained an understanding of the legal and regulatory framework applicable to the charitable company and the industry in which it operates and considered the risk of the charity not complying with the applicable laws and regulations including fraud in particular those that could have a material impact on the financial statements. This included those regulations directly related to the financial statements, including financial reporting and tax legislation. In relation to the operations of the charity this included compliance with the Charities Act 2011 and Charity Statement of Recommended Practice (SORP).
The risks were discussed with the audit team and we remained alert to any indications of noncompliance throughout the audit. We carried out specific procedures to address the risks identified. These included the following:
Reviewing minutes of Board meetings, reviewing any correspondence with the Charity Commission, agreeing the financial statement disclosures to underlying supporting documentation, and made enquiries of management and officers of the charity and a review of legal fees.
To address the risk of management override of controls, we carried out testing of journal entries and other adjustments for appropriateness. We also assessed management bias in relation to the accounting policies adopted and in determining significant accounting estimates
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
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A further description of our responsibilities is available on the FRC's website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-thefi/description-of-the-auditor%E2%80%99s-responsibilities-for.This description forms part of our auditor’s report.
Use of our report
This report is made solely to the charity’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 charity’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 charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Michael Cooper-Davis FCCA ACA
(Senior Statutory Auditor) For and on behalf of
Price Bailey LLP
Chartered Accountants Statutory Auditors 24 Old Bond Street London W1S 4AP
Date: 27 January 2026
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THE GOOD LUCK CHARITABLE TRUST
Statement of Financial Activities
Year ended 5 April 2025
| Unrestricted | Endowment | 2025 | 2024 | ||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| £ | £ | £ | £ | ||
| Note | |||||
| Income: | |||||
| Investments | 2 | 122,174 | - | 122,174 | 92,720 |
| Donations and legacies | 3 | 962,208 | - | 962,208 | - |
| _ | _ | __ | __ | ||
| Total income | 1,084,382 | - | 1,084,382 | 92,720 | |
| _ | _ | __ | __ | ||
| Expenditure: | |||||
| Charitable activities | 4 | 110,000 | - | 110,000 | 75,000 |
| Support costs | 4 | 9,283 | - | 9,283 | 6,367 |
| Raising funds | 5 | 8,496 | - | 8,496 | 7,051 |
| _ | _ | __ | __ | ||
| Total expenditure | 127,779 | - | 127,779 | 88,418 | |
| _ | _ | __ | __ | ||
| Net income | 956,603 | - | 956,603 | 4,302 | |
| Net (losses)/gains on | |||||
| Investments | 7 | - | (60,250) | (60,250) | 95,758 |
| Transfers | (918,322) | 918,322 | - | - | |
| _ | _ | __ | __ | ||
| Net movement in funds | 38,281 | 858,072 | 896,353 | 100,060 | |
| Reconciliation of funds: | 9 | ||||
| Total funds brought forward | 76,845 | 2,637,014 | 2,713,859 | 2,613,799 | |
| _ | _ | __ | __ | ||
| Total funds carried forward | 115,126 | 3,495,086 | 3,610,212 | 2,713,859 | |
| _ | _ | __ | __ |
All income and expenditure derive from continuing activities.
Transfers reviewed to ensure endowment fund continues to invest.
The statement of financial activities includes all gains and losses recognised during the year.
The notes on pages 10 to 17 form part of these accounts
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THE GOOD LUCK CHARITABLE TRUST
Balance Sheet
At 5 April 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Note | |||||
| Fixed Assets | |||||
| Investments | 7 | 3,495,086 | 2,637,014 | ||
| Current Assets | |||||
| Cash at bank | 126,097 | 84,209 | |||
| Current Liabilities | |||||
| Creditors | 8 | (10,971) | (7,364) | ||
| _ | __ | ||||
| Net Current Assets | 115,126 | 76,845 | |||
| ___ | ___ | ||||
| Net Assets | 3,610,212 | 2,713,859 | |||
| ___ | ___ | ||||
| Funds of the Charity | 9 | ||||
| Unrestricted funds | 115,126 | 76,845 | |||
| Endowment funds | 3,495,086 | 2,637,014 | |||
| ___ | ___ | ||||
| 3,610,212 | 2,713,859 | ||||
| ___ | ___ |
27 Jan 2026 The financial statements were approved and signed by the Trustees on and signed on their behalf by:
Mark Sha le p y
…………………………………………………. Mark Shapley (Jan 27, 2026, 1:05pm) Mr M D R Shapley
The notes on pages 10 to 17 form part of these accounts
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THE GOOD LUCK CHARITABLE TRUST
Notes to the Accounts
Year ended 5 April 2025
1. Accounting Policies
- a. General information and basis of accounting
The Good Luck Charitable Trust is a charity for public benefit registered under the Charity Commission in England and Wales. The address of the principal address is 1 King’s Arms Yard, London, EC2R 7AF.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the SORP 2019 and UK Generally Accepted Practice.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
The financial statements have been rounded to the nearest pound.
b. Going concern
The Trustees have at the time of approving the financial statements, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. No material uncertainties exist.
c. Income
Income from investments is recorded by reference to the date on which the charity is entitled to receipt. Bank interest is recorded on an accruals basis. Income earned on endowment funds is unrestricted income.
Donations are recognised when receivable. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the fund, the income is deferred and not recognised until either those conditions are fully met, or the fulfillment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
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THE GOOD LUCK CHARITABLE TRUST
Notes to the Accounts
Year ended 5 April 2025
1. Accounting Policies (continued)
d. Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:
-
Costs of raising funds includes support costs for the management of the investment portfolio, fundraising and event organisation;
-
Expenditure on charitable activities includes grants made, governance costs and an apportionment of support costs.
Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance, the grant is only accrued when any unfulfilled conditions are outside the control of the charity.
e. Investments
Investments are a form of basic financial instrument and are initially recognised at their cost and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. The charity does not acquire put options, derivatives or other complex financial instruments. The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities.
f. Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the governors in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Endowment funds represent those assets which must be held permanently by the charity, principally investments. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the investments form part of the fund. Investment income, gains and losses are allocated to the appropriate fund.
g. Debtors
Accrued income is included at the best estimate of the amounts receivable at the balance sheet date.
h. Cash and cash equivalents
Cash at bank includes cash held in current and deposit accounts.
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THE GOOD LUCK CHARITABLE TRUST
Notes to the Accounts
Year ended 5 April 2025
1. Accounting Policies (continued)
i. Creditors and provisions
Creditors and provisions are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
j. Financial Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at cost and subsequently measured at their settlement value. Fixed assets are recorded at market value and all other assets and liabilities are recorded at cost which is their fair value.
k. Key sources of judgement and estimation uncertainty
No significant judgements, accounting policies or assumptions have been made by management in applying the charity’s accounting policies.
2. Income from Investments
| 2. Income from Investments | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Dividend income | 115,189 | 87,653 |
| Bank interest | 6,985 | 5,067 |
| ______ | _ | |
| 122,174 | 92,720 | |
| ______ | _ | |
| All relate to unrestricted funds in both years | ||
| 3. Donations and Legacies | 2025 | 2024 |
| £ | £ | |
| Monetary donations (including Gift Aid) | 962,208 | - |
| _ | __ | |
| 962,208 | - | |
| _ | __ |
All relate to unrestricted funds in both years
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THE GOOD LUCK CHARITABLE TRUST
Notes to the Accounts
Year ended 5 April 2025
| 4. Charitable Activities | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Grants to institutions (note 6) | 110,000 | 75,000 |
| Support costs - governance costs | 9,283 | 6,367 |
| _ | _ | |
| 119,283 | 81,367 | |
| _ | _ |
All relate to unrestricted funds in both years
During the year, no Trustee received nor waived any remuneration, benefits or expenses (2024 - nil). There were no employees employed by the charity in the year (2024 - nil).
The charity considers that there are no key management personnel other than the Trustees themselves.
The support costs figures above includes audit fees of £4,800 (2024 - Nil).
| 5. Raising funds |
2025 | 2024 |
|---|---|---|
| £ | £ | |
| Investment management costs | 8,496 | 7,051 |
| _ | _ |
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THE GOOD LUCK CHARITABLE TRUST
Notes to the Accounts
Year ended 5 April 2025
| 6. Grants to Institutions | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Finchcocks | 5,000 | 5,000 |
| Parkinson’s disease Society | 5,000 | 5,000 |
| The Bromley & District Talking Newspaper Association | 5,000 | 3,000 |
| Alzheimer’s Research Trust | 5,000 | 5,000 |
| Sierra Leone Cancer Charity (VIJI) | 3,000 | 1,000 |
| Embrace the Middle East | 5,000 | 2,000 |
| Everyone Matters | 5,000 | 5,000 |
| International Liberty Association | 5,000 | 5,000 |
| Shelter | 5,000 | 3,000 |
| Robes Project | 5,000 | 2,000 |
| RNLI | 5,000 | 5,000 |
| Anglican Society for the Welfare of Animals | 3,000 | 1,500 |
| The David Nott Foundation | 5,000 | 3,000 |
| Four Paws | 2,000 | 1,500 |
| Bromley Cats Protection | 5,000 | 3,000 |
| English Folk Dance & Song Society | 5,000 | 5,000 |
| Hogarth Charitable Trust | 4,000 | 2,000 |
| Biggin Hill Memorial Museum Trust | 3,000 | 3,000 |
| 2 Makeit | 5,000 | 5,000 |
| Talitha Koum | 5,000 | 5,000 |
| Prison Reform Trust | 5,000 | 5,000 |
| The Big Cat Sanctuary | 5,000 | - |
| The Redwings Horse Sanctuary | 5,000 | - |
| The Trussell Trust | 5,000 | - |
| _ | _ | |
| 110,000 | 75,000 |
_ _
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THE GOOD LUCK CHARITABLE TRUST
Notes to the Accounts
Year ended 5 April 2025
| 7. Fixed Asset Investments | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| At market value as at 5 April | 3,495,086 | 2,637,014 |
| __ | ___ | |
| Analysis of investments: | 2025 | 2024 |
| £ | £ | |
| Brought forward | 2,637,014 | 2,524,405 |
| Additions at cost | 1,352,208 | 135,084 |
| Sales proceeds | (433,886) | (118,233) |
| Unrealised gain/(loss) on investments | (60,250) | 95,758 |
| ___ | ___ | |
| Carried forward | 3,495,086 | 2,637,014 |
| __ | ___ | |
| 2025 | 2024 | |
| £ | £ | |
| Historical cost | 3,426,781 | 2,470,245 |
| 8. Creditors | 2025 | 2024 |
| £ | £ | |
| Accruals | 10,971 | 5,252 |
| Other Creditors | - | 2,112 |
| _ | _ | |
| 10,971 | 7,364 | |
| _ | _ |
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THE GOOD LUCK CHARITABLE TRUST
Notes to the Accounts
Year ended 5 April 2025
9. Fund Reconciliation
| Balance at | Balance at | |||||
|---|---|---|---|---|---|---|
| Current Year | 6 April | 5 April | ||||
| 2024 | Income | Expenditure | (Losses) | Transfers | 2025 | |
| £ | £ | £ | £ | £ | £ | |
| Endowment Fund | 2,637,014 | - | - | (60,250) | 918,322 | 3,495,086 |
| Unrestricted Fund | 76,845 | 1,084,382 | (127,779) | - | (918,322) | 115,126 |
| __ | __ | __ |
__ | _ | __ | |
| 2,713,859 | 1,084,382 | (127,779) | (60,250) | - | 3,610,212 | |
| __ | __ | __ |
__ | _ | _ | |
| Balance at | Balance at | |||||
| Prior Year | 6 April | 5 April | ||||
| 2023 | Income | Expenditure | Gains |
Transfers | 2024 | |
| £ | £ | £ | £ | £ | £ | |
| Endowment Fund | 2,524,406 | - | - | 95,758 | 16,850 | 2,637,014 |
| Unrestricted Fund | 89,393 | 192,720 | (88,418) | - | (16,850) | 76,845 |
| __ | __ | __ |
__ | _ | __ | |
| 2,613,799 | 92,720 | (88,418) | 95,758 | - | 2,713,859 | |
| __ | __ | __ |
__ | _ | _ |
The transfer between funds was undertaken in both financial years to show the endowment fund carry forward as the market value of Investments. Therefore the transfer figure comprises the acquisition cost, disposal proceeds and realised gains/losses.
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THE GOOD LUCK CHARITABLE TRUST
Notes to the Accounts
Year ended 5 April 2025
10. Analysis of Net Assets between Funds
| 10. Analysis of Net Assets between | Funds | ||
|---|---|---|---|
| Unrestricted | Endowment | ||
| Funds | Funds | Total | |
| 2025 | £ | £ | £ |
| Investments |
- | 3,495,086 | 3,495,086 |
| Creditors | (10,971) | - | (10,971) |
| Bank | 126,097 | - | 126,097 |
| __ | ___ | ___ | |
| Total Net Assets | 115,126 | 3,495,086 | 3,610,212 |
| __ | ___ | ___ | |
| Unrestricted | Endowment | Total | |
| 2024 | £ | £ | £ |
| Investments |
- | 2,637,014 | 2,637,014 |
| Creditors | (7,364) | - | (7,364) |
| Bank | 84,209 | - | 84,209 |
| __ | ___ | ___ | |
| Total Net Assets | 76,845 | 2,637,014 | 2,713,859 |
| __ | ___ | ___ |
11. Related Parties
Mrs M E J Webber is a Trustee at the Good Luck Charitable Trust. In 2025 she made total contributions to the charity in the year of £962,208 (2024 - £Nil).
There were no other related party transactions in the year.