REGISTERED COMPANY NUMBER.. N1647635 (Northeyn li'eland)
REGISTERED CHARITY NUMBER: 107956
Report of the Ti'ustees and
Uiiaudlted Flnaiicial Stateinents
foj. the Year Ended 31 Augusl 2023
for
THE GOLIATH TRusr
M.B.McGrady & Co
Chaitered Accountants
Suite 2B
Cadogan House
322 Lisbuin Road
Belfast
Co. Alltiim
BT9 6GH

TIIE GOLIATH TRUST
Contents of the fiinanclal Statements
FOR THI YEAR ENDED 31 AUGUST 2023
Page
Report of tlie Truslees
Indeptiident Exaininej s Report
StAtcinent of Finaiicffial Activities
BAlanee Sheet
Notes to the f¢lnanclAI Statements
7 10 12

TTrIE GOLIATH TRUST
Report of the Trustee
The liustees wlio are also dii'e¢tors of the charity for the pu￿OseS of the Companies Act 2006, present their iEpoi'l witli
the financial staleinenls of the charily foi- tlie ycar ended 31 August 2023. The trustees have adopted the pi'ovisions of
Accounting and Reporting by Chat'ities.. Statemeni of Recomn)¢nded Practice applicable to cl)arities prepai'ing their
a¢counts in accordance witli tli¢ Financial Reporting Standard applicable in ikne UK and Republic of Irelai)d (FRS [02)
(effective l Janii¢1ry 2019).
OBJECTIVES AND AcfivIi'iES
Objeetlves and aims
The cliarity's mission slat¢nient is as follows,.
"To raise funds to pi'ovide tai'geted exliz financial support for primary schools serving disadvantaged communities in
Belfast, iii ol'der that educational outcomes in tliose schools are significan¢ly improved"
The key strategic objectives set for the year <llt:
l. To encourage pupils, teachers &nd parents to aspire individually and collectively to improved educational achievement
and better educational oiilcoines so that life can be belter foi. those who are CUiTently disadvantaged.
2. To woi'k willi school pi'incipals and leach¢i3 lo niotivate pupils lo improve school attendartcc and to sponsor school-
based rewai'd schenies for the pupils ivitl) high level.% of atleiidance.
3. To pi'ovide additional, specialist traitiing foi. teacheis, in ol'der to maximise the use of all tlie available, technology
and digital devices, so as to impiDve tlie education of pupils in a 17n8e of l.T. skills.
4. To organise meetings, workshops and seminars where teachers from schools in disadvantllged areas can come togeiher
lo discuss tlie cl)allenges Iliat tliey face and share best praclice in findii)g solulions to tlie probleins and issues tliaL tliey
face,
5. To piDvide, assistance. iii temis of small aniounts of finance bolh to set lip and lo suslaiii pai'ent engagenient
initia¢ivcs in scliools wliere approprialc
6. To pi'ovidc assistance in in tern)s of sinall ainounls of finance both to sel up aiid to sustain special iiurtur¢ iinits iii
schools that have identified theni as a need.
7. To continue to work witli educators in disadvantaged neighbourlioods in Belfast to find ways to improve
cii-cuinstances and enhance Il)e p￿￿onal developinent of11)e pupils under tlieii- caiE.
FINANCIAL REVIEW
Pi'iiicipal fuiiding 50ur¢es
Tlie pi'incipal fiinding souire of the charity is through donations froiii individuals and biisinesses wl)o suppoit oui.
objectives.
Resei'ves policy
The trustees have examined the charity's requirements for reserves in light of the Inain risks to th¢ oi'ganisation. It has
established a policy wliei'eby the unrestriclcd funds i)ot cominitted oi. inves*d in tangible fixed assets held by thc Chai'ity
should be between 3- and 6-monihs expenditure.
FUTURE PLANS
Tlie ¢harity is committed to the continued provision of cunrnt services and support to piimaiy schools, subject to
satisfactory funditig anangements.

THE GOLIATH TRUST
Repoi't of the Trustee
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govej'niiig document
I"lie chai'ity is controlled by its governing document. a deed of t￿St, and coiistitutes a liniited compaiiy, liinited by
guaiantee, as defined by the CompanÈes Act 2006.
The organisation is a cliaritable company lin)ited by giiarantee. in¢orporat¢d on 25tli August 2017.
The compai)y was established ui)der a Memoranduni of Association wliich ￿tablIs1]ed the objects aiid powers of the
chai'ilable coiiipany and is governed under ils Articles of Association.
Tlie Memorandum lists the colmpan￿S objects as thc advanceinent of Cominunity developmeni for the public benefit iii
Educalion, in particulai. but not exclusively by any or all of the following means:
(i) suppoiting and developing the work of school pi'incipals. teaclietE and parents tlirough charitable activity which seeks
to iinpi'ove tlie qu1¢ lity of life of dje citizens of Ilie llrea of benefit.
(li) Raising educational outcome expectations in boih pupils and parents.
(iii) Biiilding iniLtually beneficial linkages between donor compani￿ and rccipient scliools.
(iv) Increasing the knowledge and l.T. capacity of individual citizens growing up in disadvantaged ¢oniinuiiiti¢s.
In the event of the company beii)g wound up ineinbeTS are required to contribute an amouiit not exceeding £1.
Reei'uitment lind appointment of llew trustees
The directors of the compaiiy are also cl)arity Iruslees for the pU￿oSe of charity law and undei. tlie company's articles of
association sl)all iiianage the business ol. Il)e company and exei'cise all poiveiE of the coinpany. Al each annual genei'al
meeting one tliii'd of tlie dire¢iors retire by i'oialioii. Due lo tlie nattiie of Ilie cliarity's woi'k tlie Irustees seek to ensure
tliat tlie necds of tl)¢ cominunity are appropriately refleC￿d tIvou8h (lie diversity of tiuslees. To cn118nce this, Inistees al'e
soiiglit wlio can demoiistszte interest and Unde￿landing of the cliarity's work.
OrgqiiisatlonY41 sti'uctui'e
The Charity is nianaged by a voliiillary board of members. The board ovcrsees Ihc Charity through a genei'al manager
wlio has designated i'esponsibility for ils day lo day operational managenient, individual supervision of staff wheir
appi'opiiate and ensuring that the team continues to develop theii. skills and working perfoiThance in line with good
pi'actice. The financial aspect of Ilie chaiity is manaoed by the charity's finance comiiiittce whose function is to inonitoi.
and report to the board to enable it to make infonned funding decisions for tlie chai'ity not only foi. the pi'e8ent biit also in
ensui'ing its objectives al'e sustained goiiig fo￿ard.
RelAted pxi'tles
'I'liere al'e no related paities within tlie financial year under review.
REFERLI TrICE AND ADMINISTRATIVE DETAILS
Registered CoMp￿nY nunibei.
N1647635 (Northel￿ Ireland)
Registei'ed Charity number
107956
Reglstered office
St Mai'k's Rectory
119 Li¢Foniel Road
Belfast
Co. Antrini
BT14 8DN

THE GOLIATH TRUST
Report of the I'rustee
Trustees
Di. A McDoiinell Relii'ed GP, Polilician
R T Hayden Public Affai1s1 PR Consultant rtreasurer
Tlie Rt Rev A F Abernetliy Retired Bisliop
Ms M D McDoI)2ld Retired
P Ci'awfoid Head Of Ci'eative Learning) Lyric Theatre
Lady D Ti'iillblc Retired
MST Galvin Education Developer
Mrs M E Madden R¢lired
Ms S Scott Teacher
R A Dunlop RetitEd
J J M O'Boyle Teacliei.
MS V Paii. Teaclier
Independciit Exaniiner
M.B.McGI'ady & Co
Cliai'lered Accoiintanls
Suite 2B
Cadogaii House
322 Lisbuin Road
Belfayl
Co. Anli'im
t3T9 6GH
Bankers
Danske Bank
Sollcltoi's
Macaulay Ritcliie Solicitors
I l Talbot Slrcel
Belfast
BTI 2LD
Appi'oved by oidei. of the boai"d of twstees on 29 May 2024 and signed on its behalf by..
Tlie Rt Rev A F Abemethy -

Independcnt Examiner's Report to the Trustees of
Tlie Goliath Trust
I report on the accounts of the company for the year ended 31 August 2023, which are set out on pages five to twelve.
Respective respoiisibilities of charity trustees and examiner
As tlie charity's trustees (aiid also the directors for the puiposes of company law) you are reS￿nSIble for ilie prepai'ation
of tlie accounts in accordance with the requii'einents of the Companies Aci 2006.
Having satisfied niyself tliat the cliarity is not subject to audit under company law and is eligible for iiidependent
examination, it is iny responsibility to:
exainine the accounts undei. Section 65 of the Charities Act
folloiv the procedures laid down in tlie geiie171 Dii'ections given by the Charity Commission foi. Northeim Ti'eland
under Section 65{9)(b) of the Charities Act
state whether partieular matters have come to my altention.
Basls of the independent examiner's report
I have examined youi. cliarity accounts &s required under Section 65 of the Cliarities Act and my examination was ¢aiTied
out in accordance with the general Direclions given by the Charity Coinmission for Noi'lliern li'eland undei. Section
65(9)(b) of the Cliarilies Act. Tlie examination included a review of the accounting records kept by Il)e cl)ai'ity and a
coii)pai'ison of 11)e accounts presented witli ihose records. It also included considei'alion of any unusual ileins or
dis¢losiires in tlie accounts, and sceking explanations from you as cljarity trustees concerning any sucli Inatters.
My rol¢ is to slate whether any material niatters have conie to my attention giving n)e cause to beli¢ve'.
That accounting records were not kept in accordance witli Seclion 386 of the Coinpanies Act 2006
Tl)al tlie accoiints do not accord ivilli those accounting records
Tlial tlie accounts do not comply witli the accounting requirements of Section 396 of tlie Companies Act 2006
and with tlie nicihods and principles of tlie Chaiilies Statement of Recommended Pi'actice applicable lo charitics
prepai'ing tlieii. accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of li'eland
Tlial tliere is ￿rther information needed for a proper understanding of Uie accounts to be reaclied.
Independent txaminer's statement
I l)ave coinpletcd niy examination and have no concerns in respect of the iiiatters (l) to {4) listed above aiid, in
connection will) followiiig the Dii'eclions of tli¢ Charity Comniission for Nortliern Ireland, I liave found no n)atlcrs 11)at
r¢quii'e drawing to youi. attention.
Con8ill MCG
M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisbui'n Road
Belfast
Co. Antrim
BT9 6GH
29 May 2024

THE GOLIATH TRUST
Statement of Finaiiclal Activities
ri OR THI VLAR ENDED 31 AUGUST 2023
3111V23
Total
funds
3118122
Total
fuiids
Unrestricted
funds
Restricted
funds
Note5
INCOME AND ENDOWMENTS FROM
Donations and leoacies
40,667
18,000
58,667
42,957
EXPEIYDITURE ON
Raising fiinds
1,611
1,611
715
Chai'itable activitles
Charitable acLivily
44,087
22,042
66,129
45,827
Otlier
1,751
1,751
10,496
Total
47,449
22,042
69,491
57,038
NET INCOMEI(EXPENDITURE)
(6,782)
(4,042)
(10,824)
(14,081)
RE"CONCILIATION OF FUIYDS
'rolal fuiids bi'ouglit fotW8rd
26,501
4,042
30,543
44,624
TOTAL fuNDS CARRI ED FORWARD
19,719
19,719
30,543
The notes fom) part of these financial slaten*nts

THE GOLIATH TRusr
Balanee Sheet
31 AUGUST 2023
3118123
3118122
Notes
CURRENT ASSETS
Cash at bank
20,019
30,843
CREDITORS
Amoiints falling diie witliin one year
(300)
(300)
NET CURRENT ASSETS
19,719
30,543
I'OTAL ASSETS LESS CURRENT
LIABILITJEI S
19,719
30,543
NET ASSETS
19,719
30,543
FUNDS
Uni'esti'icled fullds..
Uni'Lsti'icled
Resti'ict¢d fund8
10
19,719
26,501
4,042
TOTAL fuNDS
19,719
30,543
The chai'itable coinpany is entitlcd lo exemplion fiDm Audit under Section 477 of tlie Conipanies Act 2006 for the yeui.
ended 31 August 2023.
Tl)e members have not reqiiii'ed the company lo obtain an audit of its financial statements foi. tlie yeai. ended
31 Augusc 2023 it) accoi'dai)ce with Section 476 of the Coinpanies Act 2006.
Tlie trLlStees acknowledge Iheii. respoiisibililies foi.
(a)
ensuring tliat the charitable company keeps accounting records that comply with Sections 386 and 387 of tlie
Conipanies Act 2006 and
pi'eparing financial statements wliich give a trne and fair view of the state of affai￿ of the cl￿1.1t8b1e coiiipany As
t the end of eaclj financial ycar and of its surpliis or deficit for e2cli financial year in ac¢oi'dancc willi the
i'equiL'emeiils of Sections 394 and 395 and wl)icli otlieThvis¢ comply ivilh Ilie r¢quii-einellts of tlie Compaiiies Act
2006 relating to financial stateniei)Is, so fai. as applicable to tbe cliai'itable conlpany.
(b)
These financial Statements have been pi'¢pared in accordance with the provisions applicable to chai'itable coiiipanies
subject to tlie sinall companies regiine.
The financial statements were approved by tlie Board of Trustees and authorised for issue on 29 May 2024 and were
signed on ils bel)alf by:
A F Abernethy - Trustee
The notes forn) part of these financial sta*tlltnts

THE GOLIATH TRUST
Notes to tlie Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2023
ACCOULYTING POLICIES
Basls of preparing the fiiiancial statements
Tl)e fiiiaiicial staleinents of tlie charitable company, whicli is a public benefit entity under FRS 102, Iiave be¢n
piepaitd in accord1¢ nce witli the Chai'ities SORP (FRS 102) 'Accounting and Rcportiiig by Cliarities: Statement
of Recon)niended Practice applicable to challties preparing Ilieir accounts in accordance with tl)e Financial
Repotting Standai-d applicable in the UK and Republie of Ireland (FRS 102) (effective l Janu¢lry 2019),,
Financial Reportiiiiy Siandaiyl 102 'The Financial Reporting Standai'd applicable in the UK and Rcpublic of
Irelaiid, and the Companies Act 2006. The financial statenients liave be¢ii pi'epai'ed under the histoiical Cost
convention.
ri inaneial repoi'ting standard 102 - R'educed disclosure exeinptions
Tlie chaiilable company lias taken advantage of the following disclosure exen)plion in p￿parlI]g Iliese finaiicial
statements, as pennilted by FRS 102 'The Fin[￿claI Reporling Standard applicable in tlie UK #nd Republic of
Ireland,:
the rcqiiii'eiiients of Section 7 StAteiiient of Casli Flow5.
Income & ¢iidoivinenls
All incoiiie is recogiiised in tlie Slatenient of Financial Activities once the chai'ity has entitlenienl to the funds, it
its probablc tliat tlie incoiiie will be received and the ainouiit can be measured reliably.
Fxpendilui'e
Liabilities al'e recognised as expendilure as soon as there is a legal or constiuctive obligalion commitling tlie
cliai'ity to tliat expendituir, it is probable ihat a Iraiisfer of economtc benefits will be i'equiied in settlement ai)d
the amount ot the obligation can be Tneasured reliably. Expenditure is aCCOLinied for on an accruals basis and has
b¢en classified under lieading5 Ilial aggregate all cosl relaled 10 tl)e category. Wlieit costs cannot be dii'ectly
alts'ibuted to pai'ticul￿. lieadiiigs tliey liave b¢¢n allocated to activities on a basis consistent willi tlie use of
resoi)I'ces.
Taxatlon
Tlie cliarity is exeiiipt from COEyoration lax on its cliaritable activities.
Fund ac¢ountlng
UntEslricted fuiids can be iL8cd in accordance with the charitable objectives at the discreiion of the t￿￿te&s.
Restricted fLinds can only be used for particular restricted purposes witliin die objects of the charity. Resh'ictioiis
arise when specified by the donor or when fuiids are raised for particular restricted pui'poses.
Fiirtlier explanation of the nalure and purpose of each fund is included in the note5 ¢0 Ilie financial statements.
continued...

THE GOLIATH TRUST
Notes to the Flnancixl Statements - eontinued
FOR THE YEAR ENDED 31 AUGUST 2023
DONATIONS AND LEGACIES
3118123
3118122
Donations
GL'ants
4,499
54,168
21,920
21,037
58,667
42,957
Gi'ants received, incliided in the above, o1.¢ as follows..
3118123
3118122
Departinent of Foreign Aftairs, Diiblin for Suinrner Reading Recoveiy
Scheme
Adininisti7torpost
Rent DOFA 81.ant
Irisli Ameiican Partnership
Suminer Reading Pi'ojecc 2023
Halifax
Oiii¢i grants
4,179
8,358
2,473
24,993
15,OQO
3,000
11,175
6,027
54,168
21,037
RAISING FUNDS
Ralslng doiiAtlons and legacles
3118123
3118122
Piiblicity materials
Ti'avel & subsistence
Suppoi't costs
320
660
631
345
370
1,611
715
CHARITABLE ACTIVITIES cosrs
Suppoi't
costs (see
note 5)
Direct
Costs
Totals
Cbaritable activity
65,672
457
66,129
continued...

THE GOLIATH TRUST
Notes to tlie binancial Statements- colltinued
FOR THE YEAR ENDED 31 AUGUST 2023
SUPPORT COSTS
Govei'iianee
costs
Management
riinAiice
Totals
Raising donations and legacies
Cliai-itable activity
262
457
69
300
631
457
719
69
3(Ki
1,088
TRUSTLI ES, REMUNERATION AND BENEFITS
There were no t￿Stets, TeiMui)cration or oihei. benefits for the year ended 31 August 2023 nor for the yeai- ended
31 August 2022.
Ti'ustees, expenses
Tliei¢ iveie iio
31 August 2022.
tn]stees' expenses paid foi. Ihc yeai. ended 31 August 2023 noi. foi. the year ended
COMPARATIV14 S FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrlcted
fuiids
Restricted
funds
Total
funds
INCOMI AND ENDOWMENTS FROM
Donatioiis and legacies
5,861
37,096
42,957
EXPEI NDITURE ON
Raising funds
715
715
Chaj'itable activities
Chai'itable activity
21,131
24,696
45,827
Oilier
2,138
8,358
10,496
Total
23,984
33,054
57,038
NET INCOMEIIKXPENDITURE)
(18,123)
4,042
(14,081)
RECONCILIATION OF FUNDS
Total funds brought forwatd
44,624
44,624
TOTAL FUNDS CARRIED FORWARD
26,501
4,042
30,543
continued...

THE GOLIATH TRUST
Notes to tl)e Financial Statements- continued
FOR THE YEAR ENDED 31 AUGUST 2023
c￿DIToRS. JiMOUNTS FALLING DUE WITIUN ONE YEAR
JlJ8123
3118122
Acci'Lials and deferred income
300
300
ANAL YSIS OF NET ASSETS BETWEEN FUNDS
3118123
Total
funds
3118122
TotAI
funds
Unrestricted
funds
Restrlcted
funds
Cuiitnt assets
Cuiiti)t liabilities
20,019
{300)
20,019
(300)
30,843
(300)
19,719
19,719
30,543
io,
MOVIMKNI, IN FUNDS
Net
ovement
in fuiids
At
3118123
At 119122
Uni'estyieted funds
Unrcstricted
26501
(6,782)
19,719
Resti"Icted funds
DOFA Rent
Poetry Coinpetition
2,473
I,S69
(2,473)
(1,569)
4,042
(4,042)
TOTAL FUNDS
30,543
(10,824)
19,719
Nel movement in funds, iiicluded in the above are as follows:
Jneomlng
resources
Resoui'ces
expended
Movenieiit
in funds
Uni'esti'lcted funds
Unresli'icted
Aineri¢2n Ii'eland Fwid
15,674
24993
(22,456)
(24,993)
{6,782)
40,667
(47,449)
(6,782)
Restricted funds
DOFA Rei)t
Poetiy Competition
Summei. Reading Project 2023
Haltfax Grant
(2,473)
(A,569)
(15,000)
(3,000)
(2,473)
(1,569)
15,000
3,000
18,000
(22,042)
(4,042)
TOTAL FUNDS
58,667
(69,491)
{10,824)
io
continued...

THE GOLIATH TRusr
Notes to tlie Flnanclal Statements- eontinued
FOR THE YEAR ENDED 31 AUGUST 2023
io.
MOVEI MEI NT IN FUNDS- continued
Coinparxtlves for inovemeiit ID fund5
Tr4et
movenlent
in fllnds
At
3118122
At 119121
Uni'estrlcted funds
Unr¢sti'icted
44,624
(18,123)
26,501
Restrlcted funds
DOFA Ileiil
Poetiy Competition
2,473
1,569
2,473
1.569
4,042
4,(A2
TOTAL fuNDS
44,624
(14,081)
30,543
Compai'ative net inovcm¢nl in funds, included iii tlie above are a5 follows:
ltteomlng
resources
Resoui'ces
expei)ded
Movemeiit
ill funds
Uni'estrieted funds
Uiireslricted
5,861
(23,984)
(18,123)
Restrleted funds
Siimmei. l'eading progtTniine DOFA
Admin post DOFA
DOFA Rent
Poeliry Competition
10,206
8,358
2,473
16,059
(10,206)
(8,358)
2,473
1,569
(14,490)
37,096
(33,054)
4,042
TOTAL FUNDS
42,957
(57,038)
{14,081)
A cuiYeAIt year 12 montlis and pi'ior year 12 months coinbined position is as follows:
Net
niovement
in funds
At
3J18123
At 119121
Unrestricted funds
UniEStI'icted
44,624
(24,905)
19,719
TOTAL FUNDS
44,624
(24,905)
19,719
coiitinucd...

THE GOLIATH TRUST
Notes to the Finaneial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023
io.
MOVEMENT IN FUNDS- coiitiThued
A CUlTent year 12 months and prior year 12 months combÈned net inovement in funds, included in the above are
as follows.,
Incomin
i'esources
Re50urce5
expended
Movement
in fun(Is
Unrestrleted funds
Uni'estricled
Amcri¢an li'eland Fund
21,535
24,993
(46,440)
(24,993)
{24,905)
46.528
(71,433)
(24.905)
Restricted funds
Siiihinei. reading progran)me DOFA
Adinin post DOFA
DOFA Rent
Poetry Comi)elition
Siiinniei. Reading Project 2023
Halifax Gi'ant
10,206
8,358
2,473
16,059
15,000
3,000
(10,206)
(8,358)
(2,473)
{16,059)
(15,000)
(3,000)
55,096
(55,096)
TOTAL FUNDS
101,624
(126,529)
(24,905)
ii.
RELATED PARTY DISCLOSURES
There were no related party transaelions t.or the ye8r ended 31 August 2023.
12