HEATHFIELD TRUST
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31ST AUGUST 2024
CHARITY NUMBER: 1038331

CONTENTS PAGE
Contents
Page Number
3to6
Trustees Annual Report
Independent Examinerfs Report
Receipts and Payments Account
Statements of Assets and Liabilities

Heathfield Trust
Trustees Report
For the year ended 31st August 2024
Chair of Trustees
Rev Dr. Martin Wellings
Secretary
Mr Ravi Rangreji
Treasurer
Mr Eric Asamoa-Frimpong
Charity number
1038331
Registered Office
23 Kynance Gardens
London, HA7 2QJ
Independent Examiner
KDP Accounting Services
Bank
Lloyds Bank PIC
105-109 station Road
Edgware HA8 7JL
Investment Advisors
MCA
1 Telford Terrace
Albemarie Road
York Y028 1 DQ

Heathfield Trust
Trustees Report
For the year ended 31st August 2024
Purpose
The purpose of the Charity is to advan￿ the Christian faith in the Area of Benefit in accordance with
the principles and praCtI￿S of the Participating Churches.
In achieving its purpose, the Charity will engage in a range of activities. either on its own or with
others, including but not restricted to.
a) The provision of facilities with a Christian ethos for the local community, including (but not
restricted to) the elderly. the young and other groups with special needs. and
b) The Area of Benefit is London. especially the London Boroughs of Barnet and Brent
All Trustees have had the required formal guidance on public benefit.
Policy on grant making
Grant applications are submitted to the Trustees with supporting paperwork and budgets. There is
no limit to the amount and number of times grant applications can be made by a Circuit Church or
Circuit group within the financial year. The grants will always be subject to the availability of
sufficient funds.
Achievements and Performance
Main Achievements
A total grant during the year amounted to £15.000 to Edgware Methodist church to upgrade their AV
systems as part of their initiative to improve their premises. £500 was given to East Barnet church
to benefit their Girl Guides initiative.
Financial Review
The total incoming resources for the period amounted to (2024.'70,475. Of this, £67.804 (2023:
£59,897) was derived from rental income, and the remaining £2.671 (2023: £1,091) represents bank
interest received.
Total expenditure in the year in furtherance of the trust objectives amount to £27.742 (2023: £39,457.
The net surplus for the year amounted to £42,733 and the surplus for 2023 was £21,458. This
resulted in a balance of funds carried forward of £182.105 (2023: £142.368).

Heathfield Trust
Trustees Report
For the year ended 31st August 2024
Reserve Policy
Funds not required for immediate use are deposited with the Chapel Aid and Lloyds Bank. This
produces a level of retum while maintaining a minimal risk and a high level of liquidity. The funds
are easily accessible for grants and expenditures.
Trust has agreed on a reserve policy to keep at least six months of expenditure as reserves in light
of unforeseen circUmstan￿s. As of 31 August 2024, the unrestricted fund amount to £185,102
more than a year's expenditure.
Risk management
The Trustees have examined the significant risks to which the trust is exposed and are satisfied that
systems are in place or are being intrOdU￿d to monitor and control these risks and to mitigate any
impact they may have on the charity. The key risk to the organisation is advisory services to members
covering operational procedures and guidelines. The procedure in place ensures the clarity of
documentation and advi￿ provided.
Trustees
Trustees are appointed from the churches within the circuit or recommended by the Circuit Council.
To serve on the board. members should have pre-requisite skills and experience to help further the
organisation's objectives. Trustees are the governing and decision-making body of the Trust.
Trustees set out below have held office during the whole of the period from 1 st September 2023 to
31 August 2024.
Trustees
Rev Dr Martin Wellings
Eric Asamoa-Frimpong
Graham Simmons
Mia Chia
Catherine Waters
Shirley-Anne Wheeler
Anna Batchelor
Ravi Rangreji
Robert Alderman

Heathfield Trust
Trustees Report
For the year ended 31st August 2024
Statement of Trustees. Responsibilities
The trustees (who are also directors for the purposes of company law) are responsible for preparing
the Annual Report and the financial statements in accordance with applicable law and regulations.
The law applicable to Charities in England and Wales requires the Trustees to prepare financial
statements for each financial year. Under that law the Trustees must prepare the financial statements
in accordance with United Kingdom Generally AC￿pted Accounting Practice (United Kingdom
Accounting Standards and applicable law). Under company law the Trustees must not approve the
financial statements unless they are satisfied that they give a true and fair view of the state of affairs
of the charitable company and of the incoming reSoUr￿S and application of resources, including the
income and expenditure, of the charitable company for that period. In preparing these financial
statements, the trustees are required to:
a) select suitable accounting policies and then apply them consistently.
b) observe the methods and principles in the Charities SORP.
c) make judgements and estimates that are reasonable and prudent.
d) state whether applicable UK Accounting Standards have been followed. to any
departures disclosed and explained in the financial statements, a
material
e) prepare the financial ststements on the going con￿rn basis unless it is inappropriate to
presume that the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show
and explain the
charitable company's transactions and disclose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the
financial statements comply with the Charities Act 2011. They are also responsible for
safeguarding the assets of the company and hen￿ for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
The Trustees confirm that they have properly discharged their responsibilities in accordan￿ with
the above.
Approval
This report was approved by the Board of Trustees on
Signed on behalf of the Charity: kayur
Full Name: Ravi Rangreji
Position: Secretary
Date: 161612025

Heathfield Trust
Independent Examiner's Report
For the year ended 31st August 2024
I report to the trustees on my examination of the accounts of the above charity ("the Trust")
for the year ended 31" August 2024, on pages 8 and 9.
Responsibilities and basis of the report
As the charity trustees of the Trust, you are responsible for the preparation of the
accounts inaccordance with the requirements of the Charities Act 2011 ("the Act").
I report regarding my examination of the Trust's accounts carried out under section 145 of the
2011 Act. In carrying out my examination. I have followed the applicable Directions given by
the Charity Commission under section 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 inconnection with the examination. which gives me cause to believe that in. any
material respect:
accounting records were not kept in accordan￿ with section 130 of the Act or
the accounts do not accord with the accounting records
I have no concems and have come across no other matters in connection with the
examination to which attention should be drawn to enable a proper understanding of the
accounts to be reached.
Keisha Chidziva
Independent Examiner
KDP Accounting Services
27 Old Gloucester Street
London
WC1N 1AX
Date: 30 April 2025

Heathfield Trust
Receipts and Payments
For the year ended 31 st August 2024
Unrestricted
funds
2024
Total funds
2024
Last year
2023
Receipts
Rental Income
MCA Interest
67,804
2,671
67,804
2,671
59,897
1,019
Sub total
70,475
70,475
60,915
Total receipts
70,475
70,475
60,915
Payments
Cleaning
Insurance
Repairs
Estate Agents Fees
Gardening
Methodist Fund for the World Mission
Electricity
Grants
Professional Fees
Accountancy Fee
Furniture
Water Rates
Youth Work Fund
Sub total
(359)
(3,339)
(7,840)
(10,296)
(988)
12,000
(419)
(15,500)
(359)
(3,339)
(7,840)
(10,296)
(988)
12,000
(419)
(15,500)
(592)
(2,000)
(2,167)
(10,540)
(1,841)
(13,000)
{417)
(8,000)
(1,000)
(1,000)
(900)
(27,742)
(27,742}
(39,457)
Total payments
27,742
27,742
39,457
Net of receiptsl(payments)
Cash funds last year end
Cash funds this year end
42,733
142.368
185,102
42,733
142,368
185,102
21,458
120.910
142,369

Heathfield Trust
Statement of Assets and Liabilities
For the year ended 31st August 2024
Current Assets
2024
2023
Cash at Bank
Debtors
186,102
162,356
186,102
162,356
Current Liabilities
Creditors
1,000
185,102
(19,987)
142,369
Total Funds of the Charity
Unrestricted Funds
185.102
142.369
The Trustees declare that they have approved this report.
Signed on behalf of the Charity:
Full Name: Ravi Rangreji
Position: Secretary
Date 161612025