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