Charity Number: 1093697 Company Number: 04426706
Hartford Gospel Ministries Trust
Report of the Trustees and Unaudited Financial Statements
For the Year Ended 31st December 2023
Hartford Gospel Ministries Trust Contents Page For The Year Ended 31st December 2023
| 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 | 5-6 |
| Detailed Statement of Financial Activities | 7 |
Hartford Gospel Ministries Trust Report of the Trustees For The Year Ended 31st December 2023
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 31st December 2023. 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 Aims
The trustees have considered the Charities 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 Number 1093697 Company 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:
Rev D Alldridge (chair) Mr R Baker Mr A Coney Mrs R Greatrex Rev M Smith Mrs J Carr Mr D Irwin Secretary Mrs R 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
…................................................... 21st May 2024 Mrs R Greatrex Secretary
Page 1
Hartford Gospel Ministries Trust Independent Examiners Report to the Trustees For The Year Ended 31st December 2023
We report on the accounts of the charitable company for the Year Ended 31st December 2023, 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 satisfying ourselves 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, we reporting respect of our examination of your charity's accounts carried out under section 145 of the Charities Act 2001 ('the 2001 act'). In carrying out our examination we have followed the directions given by the Charities Commission under section 145(5)(b) of the 2011 Act.
Independent Examiners Statement
We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:
We have no concerns and have come across no 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.
…................................................... 21st May 2024 Wainwrights Limited Faversham House Old Hall Road Bromborough Wirral CH62 3NX
Page 2
Hartford Gospel Ministries Trust Statement of Financial Activities (including Income and Expenditure) For The Year Ended 31st December 2023
| Income and Endowments from: Donations and Legacies Expenditure on: Raising Funds Net Income Total Funds Brought Forward Total Funds Carried Forward |
2023 £ 37,627 (10,678) 26,949 302,697 329,646 |
2022 £ 38,269 (8,256) |
|---|---|---|
| 30,013 272,684 |
||
| 302,697 |
Page 3
Hartford Gospel Ministries Trust Statement of Financial Position
For The Year Ended 31st December 2023
| Notes Fixed Assets Tangible Assets 2 Current Assets Cash at bank Creditors: amounts falling due within one year 3 Net Current Assets Creditors: amounts falling due after one year 4 Net Assets Total Funds 5 |
£ £ £ £ 389,222 389,222 69,604 54,286 (19,564) (19,564) 50,040 34,722 (109,616) (121,247) 329,646 302,697 329,646 302,697 2023 2022 |
£ £ £ £ 389,222 389,222 69,604 54,286 (19,564) (19,564) 50,040 34,722 (109,616) (121,247) 329,646 302,697 329,646 302,697 2023 2022 |
|---|---|---|
| 302,697 | ||
| 302,697 |
Page 4
Hartford Gospel Ministries Trust Notes to the Financial Statements
For The Year Ended 31st December 2023
1 Accounting Policies
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.
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 & Machinery 18% reducing balance
2 Tangible Fixed Assets
| Cost At 1st January 2023 At 1st December 2023 Depreciation At 1st January 2023 Charge for the Year At 1st December 2023 Net Book Value At 31st December 2023 At 31st December 2022 Creditors: amounts falling due within one year Bank Loan Accruals Creditors: amounts falling due after one year Bank Loan |
Land & Building £ 389,222 |
Plant & Machinery Total £ £ 1,722 390,944 |
|---|---|---|
| 389,222 | 1,722 390,944 |
|
| - - |
1,722 1,722 - - |
|
| - | 1,722 1,722 |
|
| 389,222 | - 389,222 |
|
| 389,222 | - 389,222 |
|
| 2023 2022 £ £ 18,874 18,874 690 690 |
||
| 19,564 19,564 |
||
| 2023 2022 £ £ 109,616 121,247 |
||
| 109,616 121,247 |
3 Creditors: amounts falling due within one year
4 Creditors: amounts falling due after one year
Page 5
Hartford Gospel Ministries Trust Notes to the Financial Statements (continued) For The Year Ended 31st December 2023
5 Movement in Funds
Year Ended 31st December 2023
| Year Ended 31st December 2023 | |
|---|---|
| Unrestricted Funds Year Ended 31st December 2022 Unrestricted Funds |
Balance at Balance at 01/01/23 Incoming Outgoing 31/12/23 302,697 37,627 (10,678) 329,646 |
| 302,697 37,627 (10,678) 329,646 |
|
| Balance at Balance at 01/01/22 Incoming Outgoing 31/12/22 272,684 38,269 (8,256) 302,697 |
|
| 272,684 38,269 (8,256) 302,697 |
Page 6
Hartford Gospel Ministries Trust
Detailed Statement of Financial Activities (including Income and Expenditure) For The Year Ended 31st December 2023
| Incoming Resources Individual Donations Rent Received Gift Aid Bank Interest Received Expenditure Donations Accountancy Loan Interest Payable Building Insurance Building Repairs Bank Charges Net Surplus for the Year |
2023 £ 14,189 20,004 3,327 107 37,627 468 733 8,131 1,346 - - 10,678 26,949 |
2022 £ 15,240 20,004 3,013 12 |
|---|---|---|
| 38,269 | ||
| 528 733 5,591 1,091 250 64 |
||
| 8,256 | ||
| 30,013 |
Page 7