**REGISTERED CHARITY NUMBER: 1159094** 

## Trustees' Report and 

Unaudited Financial Statements for the Year Ended 5 April 2023 

for 

## ROSE LANE GOSPEL HALL TRUST 

Pace Accountants Noble House Eaton Road Hemel Hempstead Hertfordshire HP2 7UB 



ROSE LANE GOSPEL HALL TRUST 

Contents of the Financial Statements for the Year Ended 5 April 2023 

|||Page||
|---|---|---|---|
|Reference and Administrative Details||1||
|Trustees' Report|2|to|5|
|Independent Examiner's Report||6||
|Statement of Financial Activities||7||
|Balance Sheet||8||
|Cash Flow Statement||9||
|Notes to the Cash Flow Statement||10||
|Notes to the Financial Statements|11|to|16|





ROSE LANE GOSPEL HALL TRUST 

Reference and Administrative Details for the Year Ended 5 April 2023 

**TRUSTEES** S Kingston T Lewis B Lock P A Boyt J Lewis (resigned 29.11.23) TREASURER:                                                  T Lewis **PRINCIPAL ADDRESS** 85 London Road Biggleswade Bedfordshire SG18 3EE **REGISTERED CHARITY** 1159094 **NUMBER INDEPENDENT EXAMINER** Pace Accountants Noble House Eaton Road Hemel Hempstead Hertfordshire HP2 7UB **CHAIRMAN** B Lock 

Page 1 



ROSE LANE GOSPEL HALL TRUST 

Trustees' Report for the Year Ended 5 April 2023 

The Trustees present their report along with the financial statements of the Charity for the year ended 5 April 2023. The financial statements have been prepared in accordance with the accounting policies set out on page 11-17 and comply with the Trust Deed and applicable law. 

## **OBJECTIVES AND ACTIVITIES Objectives and aims** 

The Trust has the following charitable purposes: 

The charitable purposes of the Charity are the advancement of the Christian religion for the public benefit, including by the carrying on of the service of God in accordance with the Old and New Testaments of the Holy Bible as followed by those Christians forming part of the world-wide fellowship known as the Plymouth Brethren Christian Church (the "Brethren") and any other charitable purposes connected with Brethren. The core doctrine of the Brethren and proper practices in furtherance of certain aspects of doctrine are summarised in two schedules to the Trust Deed. 

## **Significant activities** 

The Trust provides and maintains gospel halls where religious meetings are held by the local Brethren community.  Details of the origins, teachings and way of life of the Brethren can be found on the website www.plymouthbrethrenchristianchurch.org  and in the schedules to the Trust Deed. 

Meetings held at these gospel halls include the Lord's Supper (Communion), Gospel preachings, Bible readings and Bible addresses. Depending on the particular meeting, between 100 and 600 people normally attend these occasions. There is a structured weekly schedule of meetings held in one or more of the gospel halls. 

## **Meetings** 

Meetings held at the Gospel halls would normally include the Lord's Supper (Communion), Gospel preachings, Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the particular meeting, between 30 and 700 people normally attend these occasions. 

The meetings are attended by the regular congregation and most are open to other properly disposed visitors. The notice board outside the Hall welcomes visitors and displays the times of Gospel preachings, along with a telephone number for those seeking further information or help. Gospel tracts, which are distributed by street preachers, also display this information. 

Bibles and an extensive range of other Christian reading material are on display at the hall] and visitors are free to help themselves. 

## **Spreading the Gospel Message** 

The Gospel Halls are a base from which the regular congregation and others who attend the meetings are encouraged to spread the Christian Gospel, in word and deed. 

Members of the congregation participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity to such preachers to be handed out to interested members of the public. 

In addition to street preaching, the trust also keeps in contact with other institutions to provide gospel tracts and bibles as required. The Trust also operates a programme of providing regular packs of nutritious food and gospel literature to homeless and needy persons through local charities or homeless societies. 

## **Public benefit** 

The trustees of The Rose Lane Gospel Hall Trust confirm that they have complied with their duty under section 4 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance to charities on public benefit. 

Page 2 



ROSE LANE GOSPEL HALL TRUST 

Trustees' Report for the Year Ended 5 April 2023 

## **OBJECTIVES AND ACTIVITIES The life of a Christian** 

In carrying out this work, the congregation considers itself to be living out its faith in practice, as particularly exemplified in the following extract from the schedule to the Trust Deed on living a Christian life: 

1. We seek and are encouraged to live exemplary lives in all our relationships with others in the wider community (including former Brethren), in accordance with the teachings of Holy Scripture (1 Tim 2:2) 

2. We regularly go out from our homes to preach on the streets, to distribute Christian literature and engage with the wider community (including former Brethren) in order to present eternal salvation, available to all men by faith in Jesus Christ. (2 Tim 4:2). 

3. We seek as members of the public to lead Christian lives as husbands and wives, parents, children, employers, employees and neighbours. (Col 3:22-25, Col 4:1). 

4. The preservation and protection of the family unit is fundamental and children are prized as a blessing from God. (Psalm 127:3-5). The elderly are valued members of the community, for whom both their family and the wider community are expected to care. 

5. Holy Scripture commands us to be good neighbours to others, and deal with all other people (including former Brethren) openly, honestly and fairly and consistent with these principles, we should give our time, talents and money to assist those in need in the wider community, in so far as reasonable given our abilities and our available resources. (Matt 7:12, Matt 22:39, Eph 4:28). 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

## **Gospel tracts and literature available from the Gospel Hall** 

The Trust maintains a stock and display of gospel tracts, literature and Bibles in the foyer of our main Gospel Hall and this fact is advertised on the sign board at the street entrance. One hundred and nineteen tracts were distributed during the year. 

## **Street preachings and Gospel tract distribution** 

We have maintained regular open air preachings in the market square of Biggleswade town on Saturdays and weekdays.  This happened on 18 occasions. 

## **Distribution of Food Boxes** 

Twelve food boxes were given to needy charities during the year. 

## **Supporting the Rapid Relief Team charity** 

The Rapid Relief Team charity, a separate charity, has a local team in Biggleswade made up from our congregation members. 

Our main hall is used to store some essential provisions and equipment that would be required if RRT are requested to support the emergency services working at an incident nearby. 

## **FINANCIAL REVIEW** 

## **Financial position** 

In the year ended 5 April 2023, the Trust had a surplus of incoming resources over resources expended amounting to £54,764 before non-monetary items (depreciation). 

Total voluntary income received this year was £136,641 compared to £514,564 in the previous year. 

All funds held were unrestricted funds. 

The Trust received a legacy amounting to £25,000 during the year. 

## **Principal funding sources** 

Page 3 



ROSE LANE GOSPEL HALL TRUST 

Trustees' Report for the Year Ended 5 April 2023 

## **FINANCIAL REVIEW** 

Funding is sought through gifts from the congregation and Gift Aid is claimed on eligible donations. Funding is sometimes received from other charitable trusts with complementary objectives. 

## **Reserves policy** 

The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs, based on its size and the level of its financial commitments. The Trust has no employees and its regular outgoings are minimal. Accordingly, the Trustees have decided to adopt a policy of maintaining sufficient reserves to provide for the ongoing maintenance of the halls and put aside for the consumption of the assets and their facilities over time. The congregation is kept regularly informed as to particular needs for funds, and other relevant matters and the Trustees aim to ensure that the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure, by raising a funds appeal to the congregation. 

Free reserves, consisting of current assets less current liabilities, at the year end were £170,023 (2022: £189,478) less an unsecured loan of £68,000 (2022: £138,000) from the Central G H Trust. There are no binding obligations to repay this amount in the next twelve months. 

## **FUTURE PLANS FOR 2023-24** 

Our willing team of volunteers will continue to look for opportunities to offer practical support to local charities. 

We will continue to promote the preaching of the gospel in public spaces. 

Regular giving of financial support to charities aligned with our purpose will also continue. 

We will be open to new suggestions from members of the congregation which we will review and put forward for approval at one of the regular trustee meetings. 

Despite the increased cost of energy, the trustees feel that these increased costs are not significantly impacting on the ability of the charity to continue as a going concern. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

The Rose Lane Gospel Hall Trust is constituted by a Deed of Trust dated 5th May 1982, amended by various Deeds and most recently by Deed of Variation dated 15th August 2014. The Trust was registered with the Charity Commission for England and Wales on 6th November 2014 under Charity Registration Number: 1159094. 

## **Recruitment and appointment of new trustees** 

The Trustees who have served during the Period and since the Period end are set out on the General Information page. None of the Trustees, nor any person connected with them, received any remuneration or expenses from the Charity in the year ended 5 April 2023 (2022: £nil). 

The Trust operates five Gospel halls and Trustees are chosen from among the regular congregation of the halls. New Trustees are nominated by the existing Trustees or by the congregation and must be appointed by unanimous resolution of the congregation. They are selected according to their skills and experience and are expected to use both in furthering the objects of the Charity. Checks are made to ensure the Trustees' eligibility to act and incoming Trustees are made aware of their responsibilities by the existing Trustees, who ensure that new Trustees read the Trust Deed and relevant Charity Commission guidance. 

## **Induction and training of new trustees** 

Incoming Trustees are made fully aware of their responsibilities by the existing Trustees who ensure that new Trustees read the Trust Deed and the relevant guidance for trustees published by the Charity Commission. 

## **Wider network** 

The Trustees maintain informal links with similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity. 

Page 4 



ROSE
NE
LL TRUST
Trustees, Re
ort
Ye
Ended 5
ril 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Rlsk managèment
The Trustees have Idenllfled and reviewed the major risks to which the charlty is exposed and confirm that
they have established systems or procedures lo manage and miligale those risks.
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees are responsible for preparing the Trustees, Report and the financial statements in accordanc&
with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted
Accountlng Pracllcel.
The law applicable lo charities In England and Wales, the Charities Act 2011, Charity (Accounts and ReKx)rtsl
Regulations 2008 and the provisions ol the trust deed requires the trustees lo prepare financial statement8 for
each financial year which give a true and falr vlew of the slate of affairs of the charity and of the incoming
SoUr￿S and application of resources, including the Income expenditure, of the charity for that period. In
preparing those financial stalemenls, the trustees are requlred to
select suStable accounting policies and then apply them consistently,.
observe the methods and principles in the Charity SOFIP.,
make judgements and esllmales that are reasonable and prudent.,
slate whether appllcable accounlSng standards have been followed, subject to any material dopartures
disclosed and explained in the financial slalemenl8',
prepare the financial statements on the going conc&m basis unless 1118 Inapproprl8te lo presume that the
charity wlll continue In buslness.
The Iruslees are responsible for keeping proper a¢counlSng records which disclose with reasonable accuracy
at any time the financial position of the charity and to enable them lo ensure that the financlal statemen18
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and th6 provisions
of the trust deed. Th6y are also responsible for safeguardlng the assels ol the charity and hence for iaking
reasoriable sfrps for the prevention and detection of fraud and other irregularities.
I transactions have been revlewed aT)d approved by al least Iwo Iruslees.,
Approved by order of the board of Iruslees on ......
and signed on ils behalf by..
T Lewis- Trustee
Page 5

dent ExaTnitTr8¢s Re
to the Ti
88s of
NEG
ELH
LL T
Independent ¢xaminerfs report to the trustees of ROSE LANE GOSPEL HALL TRUST
I report to the charity Iruslegs on ry ex8minalion of the accounts of ROSE LANE GOSPEL HALL TRUST
Ilhe Trust) for the year ended 5 April 2023.
Responsibilities ar)d basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with
the requirements of (he Charities Act 20111'lhe Acl'l.
I report in respect ol My examination of the Trust's accounts Carri￿ out under Section 145 of the Act and in
carrying out my examination I have followed all applicable Directions given by the Charity Commission under
Section 14515}Ibl of the Act.
Independent examinerfs statement
I have ccmpleled my examination. I confirm that no material mallers have come to my attention in connectk)n
with the examination giv(ng me cause lo believe that in any material resp6cI'.
accounting records were nDt kept in respect of the Trust as required by Section 13D of the Act., or
the accounts do not ac¢ord Nvilh those records., or
the accounts do not comply with the applicab￿ requirements concerning the form and content of
accounts sel out in the Chaiits'es (Accounts and Reports} Regulations 2008 other than any requirement
that the accounts give a true and fair vw wh￿b is not a matter Considered as part of an independent
éxamination.
I have no concèrns and havè com6 across no other m8tters in connection with the &x8minalion lo which
8tiet)tion should be drawn in this report in order lo enable a proper understanding of the accounts lo he
reaGhed.
Peter A118n
pa￿ Ac¢ounlants
Nob￿ House
Ealon Road
Hemel Hempstead
Hertfordshir
HP2 7UB
Dale..
Page S

ROSE LANE GOSPEL HALL TRUST 

Statement of Financial Activities for the Year Ended 5 April 2023 

|Notes<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>2<br>Investment income<br>3<br>**Total**<br>**EXPENDITURE ON**<br>**Charitable activities**<br>4<br>Running gospel halls<br>Depreciation<br>Other activities<br>**Total**<br>**NET INCOME/(EXPENDITURE)**<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>**TOTAL FUNDS CARRIED FORWARD**|Unrestricted<br>fund<br>£<br>136,641<br>357<br>136,998<br>82,234<br>121,750<br>-<br>203,984<br>(66,986)<br>2,975,734<br>2,908,748|Restricted<br>fund<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|5.4.23<br>Total<br>funds<br>£<br>136,641<br>357<br>136,998<br>82,234<br>121,750<br>-<br>203,984<br>(66,986)<br>2,975,734<br>2,908,748|5.4.22<br>Total<br>funds<br>£<br>514,564<br>15<br>514,579<br>67,406<br>482,388<br>5,250<br>555,044<br>(40,465)<br>3,016,199<br>2,975,734|
|---|---|---|---|---|



The notes form part of these financial statements 

Page 7 



OSE LANE GOSPEL HALL TRUST
Balance Sheet
202
5.4.23
Total
funds
5.4.22
Total
lunds
Unr8stricled
fund
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
2,806,725
2,806.725
2,924.256
CURRENT ASSETS
Debtors
Cash al bank
2,158
188,468
2,158
188.468
19,105
177,557
190,626
190,626
196,682
CREDITORS
Amounts falling due within one year
10
188,6031
188,6031
{145,1841
NET CURRENT ASSETS
102,023
102,023
51,478
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,908,748
2,908,748
2,975.734
NET ASSETS
2,908.748
2,908,748
2,975,734
FUNDS
Unrestricted funds
11
2,908,748
2.975,734
TOTAL FUNDS
2,908,748
2,975,734
The flnancial slalements were approved by thè Board of Twslees and authorlsed for issue on
and were signed on ils b8half by..
T Lewis- Trustee
The nol86 form part of Ih0s9 flnanclal siat8m8nts
P8gB 8

ROSE LANE GOSPEL HALL TRUST 

## Cash Flow Statement 

for the Year Ended 5 April 2023 

|Notes<br>**Cash flows from operating activities**<br>Cash generated from operations<br>1<br>Tax paid<br>Net cash provided by operating activities<br>**Cash flows from investing activities**<br>Purchase of tangible fixed assets<br>Interest received<br>Net cash used in investing activities<br>**Change in cash and cash equivalents**<br>**in the reporting period**<br>**Cash and cash equivalents at the**<br>**beginning of the reporting period**<br>**Cash and cash equivalents at the end**<br>**of the reporting period**|5.4.23<br>£<br>(2,407)<br>17,180<br>14,773<br>(4,219)<br>357<br>(3,862)<br>10,911<br>177,557<br>188,468|5.4.22<br>£<br>385,448<br>(13,589)<br>371,859<br>(355,820)<br>15<br>(355,805)<br>16,054<br>161,503<br>177,557|
|---|---|---|



The notes form part of these financial statements 

Page 9 



ROSE LANE GOSPEL HALL TRUST 

## Notes to the Cash Flow Statement 

for the Year Ended 5 April 2023 

## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

|**ACTIVITIES**|||
|---|---|---|
|**Net expenditure for the reporting period (as per the Statement**<br>**of Financial Activities)**<br>**Adjustments for:**<br>Depreciation charges<br>Interest received<br>Rounding<br>Increase in debtors<br>Decrease in creditors<br>**Net cash (used in)/provided by operations**|5.4.23<br>£<br>(66,986)<br>121,750<br>(357)<br>-<br>(233)<br>(56,581)<br>(2,407)|5.4.22<br>£<br>(40,465)<br>482,388<br>(15)<br>2<br>(125)<br>(56,337)|
|||385,448|



## **2. ANALYSIS OF CHANGES IN NET FUNDS** 

|**Net cash**<br>Cash at bank<br>**Total**|At 6.4.22<br>Cash flow<br>£<br>£<br>177,557<br>10,911<br>177,557<br>10,911<br>177,557<br>10,911|At 5.4.23<br>£<br>188,468|
|---|---|---|
|||188,468|
|||188,468|



The notes form part of these financial statements 

Page 10 



ROSE LANE GOSPEL HALL TRUST 

Notes to the Financial Statements for the Year Ended 5 April 2023 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **Income** 

Donations are recognised in the year in which there is entitlement and probability of receipt and the amount can be measured with reasonable certainty. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future year.  Gift aid is added to the value of the donation to which it relates. 

Donated services are recognised as income and expenditure in the financial statements when organisations or individuals offer their services and support pro bono. The value of these donated services to The Rose Lane Gospel Hall Trust is considered to be equal to market value which would be paid were the service formally procured. This includes services paid for by other trusts. 

Investment income is accounted for on a receivable basis. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Governance and support costs** 

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and costs related to statutory requirements. Governance and support costs are allocated to charitable activities on the basis of costs incurred. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Freehold property -   not provided and At varying rates on cost Improvements to property - 20% on cost Plant and Equipment - 25% on reducing balance 

During the year the Trustees reviewed the policy for the provision for the depreciation or consumption of the gospel hall buildings, and changed it from 50 years to 25 years. This was to reflect the likelihood that the halls could need substantial alterations in future to keep them up to date with technological and environmental needs in a fast changing society. Fifty years was felt to be too long a time span. The policy was backdated to its inception. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Page 11 

continued... 



ROSE LANE GOSPEL HALL TRUST 

Notes to the Financial Statements - continued for the Year Ended 5 April 2023 

## **1. ACCOUNTING POLICIES - continued** 

## **Fund accounting** 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **2. DONATIONS AND LEGACIES** 

|Donations - Gift Aid<br>Donations - Non Gift Aid<br>Gift aid<br>Legacies<br>Contributions from the congregation<br>Payroll giving<br>**3.**<br>**INVESTMENT INCOME**<br>Deposit account interest<br>**4.**<br>**CHARITABLE ACTIVITIES COSTS**<br>Direct<br>Costs<br>£<br>Running gospel halls<br>59,304<br>Depreciation<br>121,750<br>181,054<br>**5.**<br>**SUPPORT COSTS**<br>Management<br>£<br>Running gospel halls<br>19,006|5.4.23<br>£<br>45,852<br>23,440<br>(4,663)<br>25,000<br>44,500<br>2,512<br>136,641<br>5.4.23<br>£<br>357<br>Support<br>costs (see<br>note 5)<br>£<br>22,930<br>-<br>22,930<br>Governance<br>costs<br>£<br>3,924|5.4.22<br>£<br>54,646<br>40,440<br>13,589<br>353,031<br>50,360<br>2,498|
|---|---|---|
|||514,564|
|||5.4.22<br>£<br>15<br>Totals<br>£<br>82,234<br>121,750|
|||203,984|
|||Totals<br>£<br>22,930|



Page 12 

continued... 



ROSE LANE GOSPEL HALL TRUST 

Notes to the Financial Statements - continued for the Year Ended 5 April 2023 

## **6. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 5 April 2023 nor for the year ended 5 April 2022. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 5 April 2023 nor for the year ended 5 April 2022. 


|**7.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>Designated<br>fund<br>Fund<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>508,854<br>5,710<br>Investment income<br>15<br>-<br>**Total**<br>508,869<br>5,710<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Running gospel halls<br>67,406<br>-<br>Depreciation<br>482,388<br>-<br>Other activities<br>-<br>5,250<br>**Total**<br>549,794<br>5,250<br>**NET INCOME/(EXPENDITURE)**<br>(40,925)<br>460<br>**Transfers between funds**<br>460<br>(460)<br>**Net movement in funds**<br>(40,465)<br>-<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>3,016,199<br>-<br>**TOTAL FUNDS CARRIED FORWARD**<br>2,975,734<br>-|Restricted<br>fund<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|Total<br>funds<br>£<br>514,564<br>15<br>514,579<br>67,406<br>482,388<br>5,250<br>555,044<br>(40,465)<br>-<br>(40,465)<br>3,016,199<br>2,975,734|
|---|---|---|



Page 13 

continued... 



ROSE LANE GOSPEL HALL TRUST 

Notes to the Financial Statements - continued for the Year Ended 5 April 2023 

## **8. TANGIBLE FIXED ASSETS** 

|Improvements<br>Freehold<br>to<br>property<br>property<br>£<br>£<br>**COST**<br>At 6 April 2022<br>3,692,155<br>160,561<br>Additions<br>-<br>-<br>At 5 April 2023<br>3,692,155<br>160,561<br>**DEPRECIATION**<br>At 6 April 2022<br>810,160<br>122,356<br>Charge for year<br>87,689<br>32,112<br>At 5 April 2023<br>897,849<br>154,468<br>**NET BOOK VALUE**<br>At 5 April 2023<br>2,794,306<br>6,093<br>At 5 April 2022<br>2,881,995<br>38,205<br>**Freehold Premises Title Numbers:**<br>BD207119, BD256996, BD313256,  CB320246, BD167643<br>**9.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Income tax recoverable<br>Prepayments<br>**10.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other creditors<br>Loan received<br>Accrued expenses<br>**11.**<br>**MOVEMENT IN FUNDS**<br>At 6.4.22<br>£<br>**Unrestricted funds**<br>General fund<br>2,975,734<br>**TOTAL FUNDS**<br>2,975,734||Plant and<br>Equipment<br>£<br>34,358<br>4,219<br>38,577<br>30,302<br>1,949<br>32,251<br>6,326<br>4,056<br>5.4.23<br>£<br>-<br>2,158<br>2,158<br>5.4.23<br>£<br>12,550<br>68,000<br>8,053<br>88,603<br>Net<br>movement<br>in funds<br>£<br>(66,986)<br>(66,986)|Totals<br>£<br>3,887,074<br>4,219|Totals<br>£<br>3,887,074<br>4,219|Totals<br>£<br>3,887,074<br>4,219|
|---|---|---|---|---|---|
||||3,891,293|||
||||962,818<br>121,750|||
||||1,084,568|||
||||2,806,725|||
||||2,924,256|||
||||5.4.22<br>£<br>17,180<br>1,925<br>19,105<br>5.4.22<br>£<br>-<br>138,000<br>7,184<br>145,184<br>At<br>5.4.23<br>£<br>2,908,748|5.4.22<br>£<br>17,180<br>1,925<br>19,105<br>5.4.22<br>£<br>-<br>138,000<br>7,184|5.4.22<br>£<br>17,180<br>1,925|
||||||19,105|
|||||145,184||
||||2,908,748|||



Page 14 

continued... 



ROSE LANE GOSPEL HALL TRUST 

Notes to the Financial Statements - continued for the Year Ended 5 April 2023 

## **11. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>136,998<br>136,998|Resources<br>expended<br>£<br>(203,984)<br>(203,984)|Movement<br>in funds<br>£<br>(66,986)|
|---|---|---|---|
||||(66,986)|



## **Comparatives for movement in funds** 

|**Unrestricted funds**<br>General fund<br>Designated Fund<br>**TOTAL FUNDS**|At 6.4.21<br>£<br>3,016,199<br>-<br>3,016,199<br>3,016,199|Net<br>movement<br>in funds<br>£<br>(40,925)<br>460<br>(40,465)<br>(40,465)|Transfers<br>between<br>funds<br>£<br>460<br>(460)<br>-<br>-|At<br>5.4.22<br>£<br>2,975,734<br>-|
|---|---|---|---|---|
|||||2,975,734|
|||||2,975,734|



Comparative net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>Designated Fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>508,869<br>5,710<br>514,579<br>514,579|Resources<br>expended<br>£<br>(549,794)<br>(5,250)<br>(555,044)<br>(555,044)|Movement<br>in funds<br>£<br>(40,925)<br>460|
|---|---|---|---|
||||(40,465)|
||||(40,465)|



A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|At 6.4.21<br>£<br>3,016,199<br>3,016,199|Net<br>movement<br>in funds<br>£<br>(107,911)<br>(107,451)|Transfers<br>between<br>funds<br>£<br>460<br>-|At<br>5.4.23<br>£<br>2,908,748|
|---|---|---|---|---|
|||||2,908,748|



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continued... 



ROSE LANE GOSPEL HALL TRUST 

Notes to the Financial Statements - continued for the Year Ended 5 April 2023 

## **11. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>645,867<br>651,577|Resources<br>expended<br>£<br>(753,778)<br>(759,028)|Movement<br>in funds<br>£<br>(107,911)<br>(107,451)|
|---|---|---|---|



## **12. RELATED PARTY DISCLOSURES** 

Aggregate donations to the Trust received from Trustees and Related Parties during the year amounted to £18,470  (2022: £18,845). 

## **13. VOLUNTEERS** 

The Rose Lane Gospel Hall Trust relies entirely on volunteers to carry out the management, administration and general maintenance work. The Trust has no paid staff or paid Trustees. 

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