# **ALDINGBOURNE GOSPEL TRUST Charity No. 1002818**
## **TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**For the year ended 5 April 2022**
**ALDINGBOURNE GOSPEL TRUST**
## **TRUSTEES REPORT**
## **FOR THE YEAR ENDED 5 APRIL 2022**
|Report of the Trustees and Charity information|1|
|---|---|
|Independent Examiners Report|2|
|Statement of Financial Information|3|
|Balance Sheet|4|
|Notes|5|
**ALDINGBOURNE GOSPEL TRUST**
## **TRUSTEES REPORT**
## **FOR THE YEAR ENDED 5 APRIL 2022**
Charity name: Aldingbourne Gospel Trust Registered Number: 1002818 Address: 41 Barnetts Field Westergate Chichester PO20 3UD Trustees E M Gillbard P J Gillbard C I M Gillbard
## **Structure**
Aldingbourne Gospel Trust is a trust instituted by a Declaration of Trust dated 5th February 1964, amended on 14th April 1991. Trustees are made up of family members and new trustees are recruited as necessary with full training given.
## **Objectives**
The objectives of the charity as set out in its governing documents are for the furtherance of the Gospel of God and the education and relief of the poor.
## **Achievements and Performance**
The charity maintained their property which is used for the relief of poverty by providing affordable accommodation. Grants were also provided to several charities and individuals in furtherance of the charities objectives. The benefit of the charities works are the delivery of the Gospel of God, in pursuing the objectives of the Charity the Trustees have referred to the Charity Commission's guidance of Public Benefit.
## **Financial Review**
During the year the charity had inome of £25,737 and expenditure of £20,165 and maintained the properties owned by the Charity.
M Gillbard
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**INDEPENDENT EXAMINERS REPORT TO THE MEMBERS**
## **ON THE UNAUDITED ACCOUNTS OF**
## **ALDINGBOURNE GOSPEL TRUST**
To the members of the Aldingbourne Gospel Trust, I report on the accounts of the charity for the year ended 5 April 2022, which are set out on page 3-5.
## **Respective Responsibilitiesof Trustees and Examiner**
The charity is responsible for the preparation of the financial statements and that an independent examination is needed.
It is my responsibility to:
• examine the financial statements to ensure that they have been prepared in accordance with general accounting principles
- state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Report**
An examination includes a review of accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes considerations of any unusual items or disclosures in the financial statements, and the seeking of explanations from you as officers concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the financial statements present a "true and fair view" and the report is limited to those matters set out in the statements below.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention
- 1) which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records and
• to prepare financial statements which agree with the accounting records and to comply with the accounting requirements of the charity.
have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
## H Cheesman
20th January 2023
**Heather Cheesman 104 Stockbridge Road Chichester West Sussex PO19 8QP**
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## **ALDINGBOURNE GOSPEL TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 5 APRIL 2022**
|**Notes**
**INCOMING RESOURCES**
**Income and endowments from**
Donations
**2**
**TOTAL**
**RESOURCES EXPENDED**
**Charitable activities**
**3**
**TOTAL**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**Reconciliation of Funds**
**FUND BALANCE CARRIED FORWARD**
Fund balance brought forward|**Restricted**
**Fund**
**£**
**25,737**
**25,737**
**20,165**
**20,165**
**5,572**
**5,572**
**253,445**
**259,017**|**Total**
**Funds**
**£**
**25,737**
**25,737**
**20,165**
**20,165**
**5,572**
**-**
**5,572**
**253,445**
**259,017**|2021
£
24,176|
|---|---|---|---|
||||24,176|
||||14,505|
||||14,505|
||||9,671
-|
||||9,671
243,774|
||||253,445|
The annexed notes form an integral part of these financial statements All amounts derive from continuing activities
All gains and losses recognised in the year are included in the Statement of Financial Activities
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## **ALDINGBOURNE GOSPEL TRUST**
## **BALANCE SHEET**
## **AS AT 5 APRIL 2022**
|**Notes**
**Fixed assets**
Tangible fixed assets
**4**
**Current assets**
Cash at bank and on deposit
**Net current assets**
**Total assets**
**Funds**
Restricted funds
**Balance carried forward**|**Restricted**
**Funds**
**£**
**230,000**
**230,000**
**29,017**
**29,017**
**29,017**
**259,017**
**259,017**
**259,017**|**Total**
**Funds**
**£**
**230,000**
**230,000**
**29,017**
**29,017**
**29,017**
**259,017**
**259,017**
**259,017**|2021
£
230,000|
|---|---|---|---|
||||230,000|
||||23,445|
||||23,445|
||||23,445|
|||||
||||253,445|
||||253,445|
||||253,445|
The financial statements were approved by the board and authorised for issue on and signed their behalf by
M Gillbard
The annexed notes form an integral part of these financial statements
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**ALDINGBOURNE GOSPEL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 5 APRIL 2022**
## **1 Principal accounting policies**
These financial statements have been prepared under the historical cost convention and the principal accounting policies as set out below and in accordance with the Statement of Recommended Practice (SORP) 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 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The charity is a public benefit entity.
- a. Incoming resources are accounted for as follows: - Donations are brought into account when receivable.
- All other income is brought into account on the accruals basis.
- b. Amounts received under gift aid are brought into account when receivable, together with the attributable income tax.
- c. All expenditure is accounted for on an accruals basis.
- d. Debtors and creditors receivable or payable within one year are recorded when the legal obligation arises.
- e. Cash at bank and on deposit is held to meet the short-term cash commitments as they fall due. All donations are available as grants so considered to be required in the short term.
In preparing the accounts, the trustees have considered whether in applying the accounting policies required the FRS 102 and the Charities SORP FRS 102 restatement of comparative items was needed. No restatements were required.
## **2 Donations and legacies**
|Donations
**3**
**Analysis of total resources expended**
**Charitable activities**
Grants paid
Mission support property costs
Governance costs
**Total**
**4**
**Fixed Assets**
Orchard Gardens
Church Farm|**Total 2022**
**£**
**25,737**
**Total 2022**
**£**
**10,818**
**9,147**
**200**
**20,165**
**Total 2022**
**£**
**190,000**
**40,000**
**230,000**|Total 2021
£
24,176|
|---|---|---|
|||Total 2021
£
7,697
6,608
200|
|||14,505|
|||Total 2020
£
190,000
40,000|
|||230,000|
Orchard Gardens was revalued in 2017, by Sims Williams Estate Agents, with an estimated value of £240,000. The charity does not have a revaluation policy but given the current value and estimated life depreciation is not material to the accounts and is not included.
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