REGISTERED COMPANY NUMBER: N16476J5 (Northern Ireland)
REGISTERED CHAIUTY NUMBER: 107956
Report of the Ti'ustees and
Unaudited Financial Statements
for the Year Ended 31 August 2024
for
The Gollath Trust
M.B.McGI'ady & Co
Chartered Accoiiiilaiits
Sllile 2B
Cadogaii House
322 Lisbui'n Road
Belfast
Co. Anlrim
BT9 6GH

The Goliath Trust
Contents of the Flnancial Statements
for the Year Ended 3J August 2024
Page
Report of the Ti'ustees
Independent Examlne) sReport
Statement of Finaiicial Aetivitles
Balonce Sheet
Notes to the Flnancial Statement5
7 to 13

The Goliath Trust
Report of the Trustees
for the Year Ended 31 August 2024
The Iruslees who are also directors of Ilie charity for Ilie purposes of Ihe Companies Act 2006. present their report
willi Il)e financial slateinents of tlie charity foi. Il)e year ended 31 August 2024. The trustecs liave adopted tlie
provisions of Accounting and Reporting by Cliai'ities- Statement of Recommended Pi'aclice applicable to cliai'ities
prepai'ing Il)eir accounts in aecordancc with the Financial Reporting Standard applicablc in the UK and Republic of
Ireland (FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objeetlves and aims
The chai'ity's mission statement is as follows=
"To raise fiinds to provide targeted extra financial support foi. pi'imary schools serving disadvantaged communities in
Belfast, in order that ediicational oiilconies in those schools aiE significantly impi'oved"
Thc key strategic objectives set for the year are:
l. To eiicourage piipils, teachers and pareiils to aspire individiially and collcctively to impiDved educational
achievement and better ediicati0s)al oiitcomes so that life cali be beltei. for those who aye cun'cntly disadvantaged.
2. To work with school prii)cipals and teachers to motivate piipils lo iinprove school attendance and lo spoi)sor school-
based reward scl)emes for Ihc piipils with high levels of atteiidai)ce.
3. To provide additioiial, specialist trainii)g for teachers, in order to maximise the use of all the available, Icchiiology
and digital devices. so as to iinprove the education ofpupils in a i'aiige of l.T. skills.
4. To oi'ganise nieelings, workshops and seniinars where teachei's from schools in disadvantaged ai'eas corne
together to discuss the challenges Il)al they face and shal'e best practice in finding solutions to the problenis ai)d issues
that they face.
5. To provide, assistance, in terms of small aniounls of finance both lo set up and to suslaiii parent engagement
inili&lives in scliools where appropriate
6. To provide assistance in in lerins of sinall aii)ount.s of finance boil) to set up and lo sustain special nurt￿re units in
scliools tliat have identified Il)eni as A need.
7. To continue to work with educatoi's ift disadvantaged neigl)bourhoods in Belfast lo find ways to improve
circuinslances and enliance Il)e personal developn)ent of Ilie pupils undei. their cai'e.
FINANCIAL REVIEW
PI'iiicip21 funding sources
Tlie principal ￿llding soui'ce of Ilie cliai'ity is Il)rougli donations froin individuals and businesses who supporl our
objectives.
Reserves policy
The In]slees have exaniined the cliarity's requireinenls for I'eserves in liglit of the inain i'isks lo the organisalion.
l)as cslablislied a policy wl)ereby tlie uni'estricted fiinds not COinn)itled oi. invested in tangible fixed assets lield by the
cl)arity should be between 3- and 6-Inontlis expenditui'e.
FUTURE PLANS
Tl)e cliarity is coinimitled to the continiied pi'ovision of current Services and suppoit to primary scliools, siibjecl to
satisfactory ￿ndIng aiThngemei)Is.

The Goliath Trust
Report of the Trustees
for the Year Ended 31 August 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Tl)e chai'ity is controlled by ils governing docunieiil. a deed of Injsl, and constitut¢s a limited coinpany, limited by
guarantee, as defiiied by the Companies Act 2006.
The organisation is a cliarilable conipany limited by guarai)tee, incorporated on 25111 August 2017.
The coinpany was eslablislied ui)der a Menioi'anduni of Association which established the objects and powers of the
cliarilable coinpaiiy and is governed under ils Articles of Association.
The Menioi'andiirn lists the company's objects as the advancenient of community development for the public benefit in
Education, in particular but not exclusively by any or all of the following ineans..
(i) siipporting and developing the woi'k of school principals, teacliers and parents Ihrougli cl)aiitable activity wl)icli
seeks to improve the qiiality of life of thc citizens of the area of benefit-
(li) Raising educatioi)al outcome expectations in both pupils and parents.
(iii) Building Iniittially beneficial liiikages betweeii donor coinpanies and recipient schools.
(iv) Increasit)g the knowledge aiid l.T. capacity of individiial citizens giowiiig lip in disadva111aged communities.
In the eveiil of the conipaThy being wound up members are required to contribute an amount not exceeding £1.
Recruitment and appointment of neiv trustees
The direclois of the compaiiy al'e also charity trustees foi. the purpose of charity law aiid undei. the compaiiy's articles
of association sh211 n)anage the business of the coinpany and exercise all powers of the company. Ai each anniial
genei'al nieeting on¢ third of Ihe directors retii'e by i'otation. Due to the natui'e of Ihe charity's woi'k the tNstees seek to
ensiii'e that the needs of the con￿ll7n1ty al'e appi'opi'iately reflected througli the divei'sity of tiustees. To enhance this,
liustees are sougl)t wlio can denionstrale interest and undei'slanding of tlie charity's work.
Oi'ganisational structure
Tlie Cl)arity is nianaged by a voluntary board of inembei's. Tlie board oversees the Cljarity through a general mai)ager
who lias designated iesponsibility for ils day lo day operational ft)anagenient, iiidividual siipervision of staff wliei'e
appropriate and ensiiring that Ilie teani continues lo develop tlieir skills and working performance in line will) good
practice. Tlie finaiicial aspect of the charity is managed by the cliai'ity's finance conmiillee wliose ￿n¢t10n is to
nionilor and repoi'l lo Ilie board lo enable it to Jiiake infornied fijnding decisions foi. the charity not only for tlie present
bul also iii ensuiing ils objeclivcs arc suslaiiied going fonvard.
Related parties
There are no related parties iviihin the financial year under review.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company nuniber
N1647635 (Noi'thern Ireland)
Registered Charity number
107956

The Goliath Trust
Report of the Trustees
for the Yeai. Ended 31 August 2024
Registei'ed office
St Mark's Rectory
119 Ligoniel Road
Belfast
Co. Anlrim
BT14 8DN
Trustee5
The Ri Rev A F Abernethy Retired Bisl)oplCI)air
R T Hayden Piiblic AffaiYs/ PR Consultant ITreasiirer
Di. A McDonnell Retired GP, Politicianlvice Chair
Lady D Trimble Retiredlvice Chair
Ms M D McDonald Rctiird
P Crawford Head Of Crealive Leaining, Lyiic Theali'e
Ms T Galvin Education Developer
Mrs M E Madden Retired
Ms S Scott Teachei.
R A Diinlop Retired
J J M O'Boyle Teacher
MS V Parr Teachei.
M Shamia Coinpany Director (appoiiited 11712024)
Independent Eyaniiner
M.B.McGrady & Co
Chartered Accounlanls
Siiile 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Anlrini
BT9 6GH
Banker5
Danske B8mk
Solicitors
Macaulay Ritchie Solicitors
I l Talbot Sii'eet
Belfast
BTI 2LD
Approved by oi'dei" of the board of trustees on 21, May 2025 and signed on ils bel)alf by:
The Rt Rev A F Abernetliy- Ti￿stee

Independent ExAmlner's Report to the Trustees of
The Goliath Trust
I report on tlie accounts of Ilie compaiiy for the year ended 31 Au¥ust 2024, wl)icl) are set out on pages five lo thirteen.
Respective responsibilities of charity trustees and examiner
As the cl)arity's Iruslees (and also Ilie directors for the purposes of company law) you are I'esponsible for the
prepai'ation of the accounls in accordance with the requirenients of Ilie Coinpanies Act 2006.
Having satisfied Inyself Iliat Ilie cliarity is not subject lo audit under coinpany law and is eligible for independent
examination, it is Iny responsibility lo..
exaiiiine Ilie accounts linder Section 65 of the Cl)arities Act
follow the procedures laid down in the general Directions given by the Charity Cominission for Northern
Ireland undei. Section 65{9)(b) of tl)e Cliarities Act
stale whether particulai. matters have come lo my atlcntion.
Basi5 of the Independent exAmlnei s report
I have examined your charity accoiints as reqiiired linder Section 65 of the Charities Act and my examination was
Ca￿led out in accordance witl) tl)e general Diiections given by the Cliarity Commission for Noriliem Ireland under
Section 65(9)(b) of the Charities Acl. The examination included a review of the accoiinting I'ecords kept by the charity
and a comparison of the aecoiints presented with Iliose records. It also incliided considei'ation of any iiniisual items or
disclosiii'es in the aecoiints, and seeking explaiiations from you as charity IrLislees conceming ai)y such Inatlers.
My role is to slate whether aiiy mateiial matters h&ve come to my attention giving rne cause lo believe..
That accounting I'ecords were iiot kept in accordance with Section 386 of the Companies Act 2006
That the accoiii)Is do not accord with those accoiintii)g i'ecords
That the accoiiiits do iiot comply willi the accoiiiitiiig reqiiiremenls of Section 396 of the Coinpanies Act 2006
and with the methods and principles of the Chai"ities StaleJnenl of Recommended Practice applicable to
chai'ities preparing their accounts in accoi'dance wiih the Financial Reporting Standard applicable in the UK
and Republic of Ireland
That there is ￿rther infonnalion needed for a pi'oper urndei'slanding of the accounts to be l'eached.
Independent examlner's statement
I have completed my exaniinalion and have no concerns in i'espect of the mallers (l) to {4) listed above and, in
connection iiTith following the Dii'ections of the Chai'ity Cominission foi. Noi'ihern Ireland, I l)ave found no inallers
that require drawing to your attention.
Conaill MCG
M.B.McGrady & Co
Cliarlered Accounlaiils
Suitc 2B
Cadogan Hoiise
322 Lisbum Road
Belfast
Co. Antrin)
BT9 6GH
Date..

The Goliath Trust
Statement of Financial Activities
for the Year Ended 31 August 2024
3J18124
Total
funds
3118123
Total
funds
Unrestricted
funds
Restricted
funds
Note5
INCOME AND ENDOWMENTS FROM
Donations and legacies
6,729
34,101
40,830
58,667
EXPENDITURE ON
Rai8ing funds
1,740
1,746
1,611
Charitable aetivities
Cliaritable activity
13,168
12,436
2S,604
66,129
Otl)er
2,775
1,335
4,110
1,751
Total
17,683
13,777
31,460
69,491
NET INCOMEI(EXPENDITURE)
(10,954}
20J24
9,370
(10,824)
RECONCILIATION OF FUIYDS
Total fi]nds brouglit fonvard
19,719
19,719
30,543
TOTAL FUNDS CARRIED FORWARD
8,765
20,324
29,089
19,719
Tlie J)oles foi'm parl of Iliese financial statenients

The Gollath Trust
BalaJ)ce Sheet
31 August 2024
3118124
3118123
Note5
CURRENT ASSETS
Cash at bank
29,467
20.019
CREDITORS
Ainounls falling due wiil)in one year
(378)
(300)
NET CURREIYT ASSETS
29,089
19,719
TOT AL ASSETS LESS CURRENT
LIABILITIES
29,089
19,719
NET ASSETS
29,089
19,719
FUNDS
UniEsti'ictcd fvnds..
Unrestricted
Restricted funds
10
8,765
20,324
19,719
TOTAL FUNDS
29,089
19,719
The charitable company is entitlcd to exemption froni aiidit under Section 477 of the Conipanies Act 2006 for the year
ended 31 Aiigiisl 2024.
The members have not reqiiired the company to obtain an aiidit of ils financial slatenients foi. the yeai. ended
31 Aiigiist 2024 in accordance with Section 476 of the Companies Act 2006.
The Ituslees acknowledge their responsibilities for
(a)
ensuring that the eharilable conipany keeps accounting records that coinply with Sections 386 and 387 of the
Conipanies Act 2006 and
pi'epai'ing financial statements which give a true and fair view of the stalc of affairs of the chai'itable company
as al the end of each financial yeai. and of ils surpliis oi. deficit foi. eacli financial year in accordance with the
requii'eni¢nts of Sections 394 and 395 and which otheThvise comply with tlie requirenienls of the Conipanies
Act 2006 relating to financial slatenients, so far as applicable lo the charitable compaiiy.
(b)
Tliese financial slatenients have been prepared in accoi'dance with the provisioiis applicable lo cliaritable ¢onipanies
subject to Ilie small con)panies regime.
Tlie financial statements were appi'oved by tlie Boai'd of Trustees and autliorised for issu¢
21 May 2025 and were signed on ils belialf by:
on
A F Abernethy- Tru5te¢
The notes form part of these fiiianeial slatenienls

The Goliath Trust
Notes to the Flnancial Statements
for the Year Ended31 August 2024
ACCOUNTING POLICIES
Basis of pi'eparing the financial statements
The financial slateinenls of the cl)aritable conipany, wliicli is a public benefil entity under FRS 102, liave been
prepai'ed ii) accordance with the Cliarities SORP {FRS 102) 'Accounting and Repoi'¢ing by Charities.. Sialeinent
of Recominended Pi'acticc applicable lo charities prepai'ing IheiT accounts in accoi'dance witl) tlie Financial
Reporting Standard applicable in Ihe UK and Republic of Iirland (FRS 102) {effeclive l Januaiy 2019),,
Financial Reporting Siandai'd 102 'The Finaiicial Reporting Siandard applicable in the UK and Republic of
Iieland, and t]ie Coinpanies Act 2006. The financial statements l)ave been prepared under Ilic histoi'ical cost
convention.
Flnanclal i'epoi'tlntr staiidard 102 reduced disclosure exemptlons
The charitable company has taken advantage of the following disclosure exemption in pi'eparing these
financial statements. as pemiitted by FRS 102 'The Financial Reporling Standard applicable in the UK and
Republic of Ircland,:
the reqiiirements of Section 7 Staternciit of Cash Flows.
lilcome & endowments
All incol￿e is recognised in the Statenient of Financial Activities once the charity has entitlement to the fiinds,
it is probable that the income will be received and the amount can be measiired reliably.
EXpendi￿re
Liabilities al'e recognised as expenditure as soon as Iliere is a legal or constiiictive obligation coniniitling the
chai'ity to that expenditure, il is pi'obable Iliat a Iransfei. of econon)ic benefits will be required in seiilenienl and
the ainount of the obligation can be nieasured reliably. Expenditure is accounted foi. on an accruals basis and
has beeii classified under headings that aggregate all cost i'elaled lo the categoiy. Where costs cannot be
dii'ectly atli'ibuted to particular headings they have been allocated lo activities on a basis consistent with the use
of i'esources.
Tax2tion
The charity is exempt froni corporation lax on ils eliarilable activities.
Fund accounting
Unrestricted funds can be used in accordance witli Ilie cliarilable objectives at Ilie discretion of Ilie livslees.
Resli'icted funds can only be used for particular reslricled purposes wiiliin tl)e objects of the charity.
Resli'iccions arise when specified by the donoi. or wlien funds are raised for particular i'esli'scled purposes.
Further explanation of the nature and purpose of each fund is included in the notes to 11)e financial stateinents.
continued...

The Goliath Trust
Notes to the Financial Statements - continued
foy the Year EJ)ded 31 August 2024
DONATIONS AND LEGACIES
3118124
3118123
Donations
Gi'ants
S,229
35,601
4,499
54,168
40,830
58,667
Grants received, included in Ilie above, are as follows=
3118124
3118123
Irisli Amei'ican Partne￿￿1p
Sumniei. Reading Project 2023
Halifax
Irish Aiiieriean Partnei'ship 2024
Otlier giants
24,993
15,000
3,000
15,000
19,101
I,soo
11,175
35,601
54,168
RAISING FUNDS
R8islng donations aiid legacles
3118124
3118123
PL)blicity materials
Ti'avel & siibsistence
Support costs
320
660
631
1,746
1,746
1.611
CHARITABLE ACTIVITIES COSTS
Support
eosts (see
note 5)
Direct
Costs
Totals
Chai'itable activity
25,526
78
25,604
contiiiued...

The Goliath Trust
Notes to the Financial Statements- continued
for the Year Ended 31 August 2024
SUPPORT COSTS
Governance
costs
Management
Fiilante
Tot21s
Raising donations and legacies
Charitable activity
1,291
69
386
78
1,746
78
1,291
69
464
1,824
TRUSTEES, REMUNERATION AND BENEFITS
There were no Iruslces, reinuneralion or oilier benefits for the year ended 31 August 2024 nor for Il)e year
ended 31 August 2023.
Trustees, eipense5
There wei'e no
31 Aiigust 2023.
liustees, expenses paid for the year ended 31 August 2024 nor foi. the year ended
COMPARATIVES FOR THE ST ATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Resh'icted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
40,667
18,000
58,667
EXPENDITURE ON
Raising ftinds
Charitable activltles
Chai'itable activity
44,087
22.042
66,129
Other
1,751
1,751
Total
47,449
22,042
69,491
NET INCOMEI(EXPENDITURE)
(6.782)
(4,042)
(10,824)
RECONCILIATION OF FUNDS
Total ￿ttds brought foiwaid
26,501
4,042
30.543
TOTAL FUNDS CARRIED FORWARD
19,719
19,719
contiiiued.-.

The Goliath Ti'ust
Notes to the Flnanclal Statements- continued
for the Year Ended 31 August 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONEYEAR
3118124
3118123
Accruals and deferred inconie
378
300
ANALYSIS OF NET ASSETS BETWEEN FUNDS
3118124
Total
fund5
3118123
Total
funds
Unrestricted
funds
Restricted
funds
Ciii'i'ent assets
Currei)É liabilities
9,143
(378)
20,324
29,467
(378)
20,019
(300)
8,765
20?24
29,089
19,719
io.
MOVEMEIYT IN FUNDS
Net
movement
in funds
At
3118124
At 119123
Uni-estricted funds
Unrestricted
19,719
(10,954)
8,765
Restricted funds
Summei. Reading Piojeet 2023
li'isli Ainerican Partnersl)ip May 2024
1,223
19,101
1,223
19,101
20,324
20,324
TOTAL FUNDS
19,719
9,370
29,089
Nel movement in fiinds, incliided in the above are as ft)Ilows'.
Incomlng
i'esoui'ce5
Resource5
expended
Movement
li) funds
Unl'estricted funds
Unrestricted
6,729
(17,683)
(10,954)
Restricted fuiids
Suinniei. Reading Pi'oject 2023
'ish Aniei'icaii Partnei'sliip May 2024
15,000
19,101
(13,777)
1,223
19,101
34,101
(13,7771
20J24
TOTAL FUNDS
40,830
(31,460)
9,370
10
conliiiued...

The Goliath Trust
Notes to the Financial Statements- continued
for the Yeai. Ended 31 August 2024
io.
MOVEMEwf IN FUNDS- continued
Cornparatlves for movement in funds
Net
movement
in funds
At
3118123
At 119122
Uni'estricted funds
Unrestricted
26,501
(6,782)
19,719
Restricted funds
DOFA Rent
Poetry Competition
2,473
1,569
(2,473)
(1,569)
4,042
(4,042)
TOTAL FUNDS
30,543
{10,824)
19,719
Compai'ative nel movenient in fiinds. incliided in the above are as follows-
Ineomlng
resoui'ces
Resoui'ce5
expended
Movement
in funds
Unrestrlcted funds
Uni'esti'icted
American Ireland Flind
15,674
24,993
(22,456)
(24,993)
(6,782)
40,667
(47,449)
{6,782)
Resti'icted funds
DOFA Renl
Poetry Competition
Suinmei. Reading Project 2023
Halifax Grant
(2,473)
(1,569)
(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)
contiiiued...

The Goliath Trust
Notes to the Financial Statements- contlnued
for the Year Ended 31 August 2024
io.
MOVEMENT IN FUNDS- contlnued
A currcnt year 12 Inonths and prior year 12 months conibined position is as follows..
Net
movement
in funds
At
3118124
At 119122
Unrestricted funds
Uiirestricted
26,501
(17,736)
8,765
Restricted funds
DOFA Rent
Poetry Coinpetition
Sumniei. Reading Project 2023
Irisli Ainerican Parlnersl)ip May 2024
2,473
1,569
(2,473)
(1,569)
1,223
19,101
1,223
19,101
4,042
16,282
20,324
TOTAL FUNDS
30,543
(1,454)
29,089
A ciin'enl yeai. 12 months and prior year 12 months combined net movement in funds, included in the above
are as follows:
Incoming
resources
Resources
expeiided
Movemeilt
ii) fuiids
Uiirestrleted funds
Uiii'eslricled
American li'eland Fund
22,403
24,993
(40,139)
(24,993)
{17,736)
47,396
(65,132)
(17.736)
Restricted funds
DOFA Rent
Poetry Competition
Suintiiei. Reading Pi'oject 2023
li'isl) Americaii Parlnei'sl)ip May 2024
(2,473)
(1,569)
(28,777)
(2,473)
(1,569)
1,223
19.101
30,000
19,101
49.101
{32,819)
16,282
TOTAL FUNDS
99,497
(100,951)
(1,454)
12
conliiiued...

The Goliath Ti'ust
Notes to the Financial Statements- eontlnued
foi. tlie Year Ended 31 August 2024
ii.
RELATED PARTY DISCLOSURES
There werc no related parly transactions for the year ended 31 August 2024.
13