BLACKDOWN HILLS MISSION TRUST FINANCIAL STATEMENTS 31 MAY 2023 Charity Number 1090008 BLACKDOWN HILLS MISSION TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019 CONTETr¥rs Pages Report of the Trustees Independent examinerfs report to the Trustees Receipts and payments account Statement of a55ets and liabilities Blackdown Hills Mission Trustees Annual Report 1st June 2022 to 31st May 2023 The Blackdown Hills Mission Trust- Re8lstered (harty No: 1090008 Clo 3 Conigar Close, Hemyock, Devon. EX15 3RE The Trustees of the Charity are: Albert Lampey- Chaimian Bruce Dennin8- Treasurer john 8realey Tim Burston David Needle Patrick Redwood Daniel Padfield Nathan Lentell They are supported by an Executive Committee comprising- Euan Roberts- Secretary Gerald Redwood Nigel Redwood David Redwood The charity 15 governed under the scheme dated itt October 2001, registered with the Charitv Commi55ion on 9 january 2CQ2. Trustees are appointed by nominations from existing trustee5 at general meetings of the trust. The Object of the charitv 15 the promotion of the Bospel in accordance with doctrines set out in Part 5 of the Scheme mainly, but not exclusively, in the Blackdown Hills. The activity of the 61ackdown Hi115 Mission Trust is to own and manage the properties and fund5 held in order that the chapels at Rosemary Lane, Clayhidon and Bishop5wood can carry out Christian Worship and Activities for the benefit of the local communities. The trustees Confirm that in preparing the above objectives they have tsken due regard to the guidance on public benefit published by the Charity Commission. 'BethanV - the house owned by the Trust at Bishopswood, has been let on an assured shorthold tenancy since November 2016. A proportion of the rental income is distributed to Bishopswood Chapel Trust to assist with their ongoing running costs. The Trustees continue to work together with the leadership team at Rosemary Lane Chapel to ensure both the Chapel. and the house currently occupied by the pastor are well-maintained and provide a comfortable and safe environment for the users of the buildings and the general public. During the year the Trust ha5 a5515ted with the financing of replacement window5 at l Blackdown Court. The combined legacies received in the previous 2 years totalling £15.￿)0 have been p13ced in a 2 year bond in order to earn some interest until the funds are needed. Preference shares continue to provide a regular income. The chapel at Rosemary Lane is running regular services with a wide variety and age range of members. They run a popular midweek children's club and toddler group. as well as the lunch club in conjunction with The Blackdown Support Group. They enjoy a good partnership with other local churches and hold joint events in the community from time to time. Bishopswood Chapel is holding weekly services with a small congregation. They also run a popular tea service and coffee mornings for local residents The Trust is committed to the chapel activities continuing in a safe and comfortable environment and will be happy to support the assemblies in this. They will continue to invest the remaining cash and their investments wisely. Declaratlon The trustees declare that they have approved the trustees report above. Signed on behalf of the charit￿5 trustees.. Slgnature: Dec 05 2023 Thomas Bruce Denning Blackdown Hllls MI￿lon Trust Independent examinerfs report to the trustees of Blackdovm Hills Mission Trust I report to the trustees on my examination of the accounts of Blackdown Hills Mission Trust (the Charity) for the year ended 31 May 2023. Responsibilities and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirement5 of the Charities Act 20111'the ACVI. I report in respect of my examination of the Charivs accounts carried out under sertion 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 1451511bl of the Act. Independent examine￿$ statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of the Act., or 2. the accounts do not accord with those records: or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper under5tandin8 of the accounts to be reached. otkkn LL cloK losh Kingston, ACA, BSC. Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol 8548 IUR Date: Dec 05 2023 ## **BLACKDOWN HILLS MISSION TRUST** ## **ACCOUNTS FOR THE YEAR TO 31 MAY 2023** ## **1. Receipts and Payments Accounts (General Fund)** |**Income Receipts**
Net Rental Income - Bethany
Grass Keep (2022 see Restricted fund)
Legacy - L Warren Deceased
**Investment Income**
Santander (previously Abbey National)
Lloyds Banking Group
Royal & Sun Alliance
**Other income**
Bank Interest
**TOTAL RECEIPTS**
**Direct Charitable Expenditure**
Property Insurance
Share of Rental Income for Bishopswood Chapel
Replace window and board - Bishopswood Chapel
Replace Windows at 1 Blackdown Court
Tree removal in Field at Rosemary Lane Chapel
**Other Expenditure**
Professional Services
**TOTAL PAYMENTS**
**NET DEFICIT/SURPLUS GENERAL FUND**|10,305
£
175
£
-
£
388
£
611
£
442
£
2
£
926
£
4,008
£
-
£
8,000
£
380
£
696
£|**2023**
10,480
£
1,441
£
11,921
£
2
£
**11,923**
**£**
13,314
£
696
£
**14,010**
**£**
**2,087**
**-£**|10,292
£
-
£
5,000
£
388
£
611
£
442
£
-
£
847
£
2,817
£
1,120
£
-
£
-
£
348
£|**2022**
15,292
£
1,441
£
16,733
£
-
£
**16,733**
**£**
4,784
£
348
£
**5,132**
**£**
**11,601**
**£**| |---|---|---|---|---| ## **BLACKDOWN HILLS MISSION TRUST** ## **ACCOUNTS FOR THE YEAR TO 31 MAY 2023** ## **2. Receipts and Payments Account (Restricted Fund)** |**Income Receipts**
Rosemary Lane Field Grass Keep (2023 see Gen account)
Restricted Income for Rosemary Lane
Restricted Income for Rosemary Lane - GASDS (incl 2 years of claims)
Rosemary Lane Chapel - for Loan Repayment
**Other income**
Income Tax Recovered - Gift Aid
Income Tax Recovered - GASDS
**TOTAL RECEIPTS**
**Direct Charitable Expenditure**
Grass Keep to Rosemary Lane Chapel
Restricted Gifts Forwarded
South West and Wales Evangilisation Trust - Loan Repayment
**TOTAL PAYMENTS**
**NET SURPLUS/DEFICIT GENERAL FUND**|-
£
6,930
£
15,937
£
-
£
1,733
£
3,984
£
-
£
28,584
£
-
£|**2023**
22,867
£
5,717
£
**28,584**
**£**
28,584
£
**28,584**
**£**
**-**
**£**|175
£
7,365
£
4,095
£
3,907
£
1,841
£
1,024
£
175
£
14,325
£
3,907
£|**2022**
15,542
£
2,865
£
**18,407**
**£**
18,407
£
**18,407**
**£**
**-**
**£**| |---|---|---|---|---| ## **BLACKDOWN HILLS MISSION TRUST** ## **ACCOUNTS FOR THE YEAR TO 31 MAY 2023** |**3. Statement of Assets and Liabilities**
**Bank and Cash Balances**
Barclays Community Account
Barclays Tracker Account
Cambridge and Counties Bank 2 year Bond
**Investments**
as at 31.05.23
6600 Lloyds Banking Group 9.25% Non-cumulative Pref Shares
6000 RSA 7 3/8 Cumulative Irredeemable Pref Shares
4500 Santander 8 5/8 Non-Cumulative Pref Shares
**Total Funds**
Cash & Bank Balances at 1 June 2022
Net Receipts/Deficit for year - General Fund
Net Receipts/Deficit for year - Restricted Fund
Cash & Bank Balances at 31 May 2023|8,639
£
6,204
£
5,528
£|-|**31.05.2023**
35,462
£
762
£
15,000
£
51,224
£
20,371
£
71,595
£
53,311
£
2,087
£
-
£
51,224
£|9,471
£
6,960
£
6,008
£|**31.05.2022**
52,550
£
761
£
-
£
53,311
£
22,439
£
75,750
£
41,710
£
11,601
£
-
£
53,311
£| |---|---|---|---|---|---| ## **Non-Monetary Assets** ## **Properties and Land:** **NOTE: A fire spread from a neighbouring property resulted in significant damage to Bishopswood Chapel on March 2018. Insurance companies have met the cost of the rebuild** Bishopswood Chapel Extra Land at Bishopswood Chapel Bethany' - House at Bishopswood Garden Plot next to Bethany Rosemary Lane Chapel Clayhidon Field Adjoining Rosemary Lane Chapel Garden Area adjoining Rosemary Lane Chapel 1 Blackdown Court, Clayhidon Chapel in Use Chapel Car Park Let since 18.11.2016 Chapel in Use Let for Grazing Now part of Chapel grounds Housing for Christian Pastor attached to Rosemary Lane Chapel ## **Liabilities** |**Loan - Western Counties & South Wales Evan Trust**
Balance Brought Forward
Interest
Repayments during year
Balance Carried Forward
Repaid in full|-
£
-
£
-
£
-
£|3,859
£
48
£
3,907
-£
-
£| |---|---|---|