Charity number: 1093697
Company number: 04426706
(England and Wales)
Hartford Gospel Ministries Trust
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2020
Hartford Gospel Ministries Trust Contents Page For the year ended 31 December 2020
|Report of the Trustees|1|
|---|---|
|Independent Examiner's Report to the Trustees|2|
|Statement of Financial Activities|3|
|Statement of Financial Position|4|
|Notes to the Financial Statements|5 to 8|
|Detailed Statement of Financial Activities|9|
Hartford Gospel Ministries Trust Report of the Trustees For the year ended 31 December 2020
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**Name of Charity** Hartford Gospel Ministries Trust **Charity registration number** 1093697 **Company registration number** 04426706 **Principal address** Greenbank Station House Chester Road Northwich Cheshire CW8 4AG
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
Mr AN Coney Mrs RS Greatrex Rev MIA Smith Mrs J Carr Mr DE Irwin Mr D Alldridge (Chair) Mr M Barber **Secretary** Mrs RS Greatrex **Independent examiners** Wainwrights Limited Faversham House Old Hall Road Bromborough Wirral CH62 3NX
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 20[th ] March 2021
Mrs RS Greatrex Secretary
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Hartford Gospel Ministries Trust Independent Examiners Report to the Trustees For the year ended 31 December 2020
I report on the accounts of the charitable company for the year ended 31 December 2020, which comprise the Statement of Financial Activities, the Statement of Financial Position and the related notes.
## **Responsibilities and basis of report**
As the charity Trustees, who are also directors for the purpose of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act;
or
2. the accounts do not accord with the records; or
3. the accounts do not comply with the requirements if section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
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 to enable a proper understanding of the accounts to be reached.
Wainwrights Limited Faversham House Old Hall Road Bromborough Wirral CH62 3NX
20[th] March 2021
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## Hartford Gospel Ministries Trust Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2020
|**Notes**
**Income and endowments from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Raising funds
3/4
Charitable activities
**Total**
**Net income**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
42,689|**2019**
**£**
42,842|
|---|---|---|
||**42,689**|**42,842**|
||(8,524)
-|(17,553)
-|
||**(8,524)**|**(17,553)**|
||**34,165**
207,959|**25,289**
182,670|
||**242,124**|**207,959**|
3 of 8
## Hartford Gospel Ministries Trust Statement of Financial Position For the year ended 31 December 2020
|**Notes**
**Fixed assets**
Tangible assets
9
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
10
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
11
**Net assets**
**The funds of the charity**
Unrestricted income funds
12
**Total funds**|**£**
**2020**
389,222|**£**
**2019**
389,222|
|---|---|---|
||**389,222**|**389,222**|
||19,234|46,881|
||**19,234**|**46,881**|
||(19,323)
**(89)**|(19,323)
**27,558**|
||**389,133**|**416,780**
~~(208821)~~|
||(147,009)||
|||~~,~~|
||**242,124**|**207,959**|
||242,124|207,959|
||**242,124**|**207,959**|
For the year ended 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statement were approved and authorised for issue by the Board and signed on its behalf by:
Mr D Alldridge Trustee 20[th] March 2021
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Hartford Gospel Ministries Trust Notes to the Financial Statements
For the year ended 31 December 2020
## **1. Accounting Policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Hartford Gospel Ministries Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Tangible fixed assets**
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
18% Reducing balance
## **2. Income from donations and legacies**
|**Unrestricted funds**
Donations received
Gift Aid
Grants received
Rents received|**2019**
**2020**
**£**
**£**
20,811
16,246
2,027
6,439
-
-
20,004
20,004
**42,842**
**42,689**|
|---|---|
## **3. Expenditure on generating donations and legacies**
|**Expenditure on generating donations and legacies**|||
|---|---|---|
|**Unrestricted funds**
Donations paid|**2020**
**£**
-|**2019**
**£**
8,500|
||**-**|**8,500**|
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## Hartford Gospel Ministries Trust Notes to the Financial Statements Continued For the year ended 31 December 2020
## **4. Expenditure on other trading activities**
**Unrestricted funds** Support costs
**2020 2019 £ £** 8,524 9,053 **8,524 9,053**
## **5. Analysis of support costs**
Running costs
**2020 2019 £ £** 8,524 9,053 **8,524 9.053**
## **6. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
**2020 2019 £ £** Depreciation of owned fixed assets - - Accountancy fees 703 703
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Hartford Gospel Ministries Trust Notes to the Financial Statements Continued For the year ended 31 December 2020
## **7. Tangible fixed assets**
|**Plant and**
**machinery**
**Land and**
**buildings**
**Total**
**Cost or valuation**
**£**
**£**
**£**
390,944
1,722
389,222
At 01 January 2020
At 31 December
2020
**389,222**
**1,722**
**390,944**
**Depreciation**
1,772
1,722
-
At 01 January 2020
Charge for year
-
-
-
**1,722**
**1,722**
**-**
At 31 December
2020
**Net book values**
At 31 December
2020
At 31 December
2019
**389,222**
**389,222**
**-**
**-**
**389,222**
**389,222**
**Creditors: amounts falling due within one year**
**2020**
**2019**
**£**
**£**
Loans and overdrafts
18,633
18,633
Accruals and deferred income
690
690
**19,323**
**19,323**
The following liabilities disclosed under creditors falling due within one year are secured by the charity:
Bank loans and overdrafts
18,633
18,633
**18,633**
**18,633**
**Creditors: amounts falling due after more than one year**
**2020**
**2019**
**£**
**£**
Loans and overdrafts
208,821
147,009
**147,009**
**208,821**|**Land and**
**buildings**
**£**
389,222|**Plant and**
**machinery**
**£**
1,722|**Total**
**£**
390,944|
|---|---|---|---|
||**389,222**|**1,722**|**390,944**|
||-
-|1,722
-|1,772
-|
||**-**|**1,722**|**1,722**|
||**389,222**|**-**|**389,222**|
||**389,222**|**-**|**389,222**|
|||**2020**
**£**
18,633
690|**2019**
**£**
18,633
690|
|||**19,323**|**19,323**|
|||**18,633**|**18,633**|
|||**2020**
**£**
147,009|**2019**
**£**
208,821|
|||**147,009**|**208,821**|
## **8. Creditors: amounts falling due within one year**
## **9. Creditors: amounts falling due after more than one year**
|The following liabilities disclosed under creditors falling due after more than one year are secured by the
charity:
Bank loans and overdrafts
208,821
147,009
**147,009**
**208,821**|The following liabilities disclosed under creditors falling due after more than one year are secured by the
charity:
Bank loans and overdrafts
208,821
147,009
**147,009**
**208,821**|The following liabilities disclosed under creditors falling due after more than one year are secured by the
charity:
Bank loans and overdrafts
208,821
147,009
**147,009**
**208,821**|
|---|---|---|
||**147,009**|**208,821**|
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Hartford Gospel Ministries Trust Notes to the Financial Statements Continued For the year ended 31 December 2020
## **10. Movement in funds**
## **Unrestricted Funds**
|**Unrestricted Funds**||||||
|---|---|---|---|---|---|
|_General_
General
**Unrestricted Funds - Previous year**
_General_
General
**Analysis of net assets between funds**
**Unrestricted funds**
_General_
General
**Previous year**
**Unrestricted funds**
_General_
General|**Balance at**
**01/01/2020**
**Incoming**
**resources**
**Outgoing**
**resources**
**Balance at**
**31/12/2020**
**£**
**£**
**£**
**£**
207,959
42,689
(8,524)
242,124
**207,959**
**42,689**
**(8,524)**
**242,124**
**Balance at**
**01/01/2019**
**Incoming**
**resources**
**Outgoing**
**resources**
**Balance at**
**31/12/2019**
**6£**
**£**
**£**
**£**
182,670
42,842
(17,553)
207,959
**182,670**
**42,842**
**(17,553)**
**207,959**
**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
389,222
(89)
(147,009)
242,124
**389,222**
**(89)**
**(147,009)**
**242,124**
**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
389,222
27,558
(208,821)
207,959
**389,222**
**27,558**
**(208,821)**
**207,959**||**Incoming**
**resources**
**£**
42,689|**Outgoing**
**resources**
**£**
(8,524)|**Balance at**
**31/12/2020**
**£**
242,124|
||||**42,689**|**(8,524)**|**242,124**|
||||**Incoming**
**resources**
**£**
42,842|**Outgoing**
**resources**
**£**
(17,553)|**Balance at**
**31/12/2019**
**6£**
207,959|
||||**42,842**|**(17,553)**|**207,959**|
|||||||
|||**389,222**
**(89)**
**(147,009)**
**242,124**||||
|||**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
389,222
27,558
(208,821)
207,959||||
|||**389,222**
**27,558**
**(208,821)**
**207,959**||||
## **11. Analysis of net assets between funds**
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