REGISTERED CHARITY NUMBER: 1159094 'Re rtan Unaudited Financial Statements for the Year Ended 5 ri12024 NE GOSPEL HALL TRUST Pace Accountanls Noble House Eaton Road Hemel Hempstead Hertfordshire HP2 7UB
ROSE L4NE GOSPEL HALL TRUST Contents of Ihe Financial Slalements for the Year Ended 5 ril 2024 Page Reference and Administrative Details Trustees, Report Independent Examinerfs Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements 9 to 13 Detailed Statement of Financial Actwities 14
ROSE LANE GOSPEL HALL TRUST ren dAd Al str8tive De for the Year Endgd 5 A AI 2024 TRUSTEES S Kingston T Lewis B Lock (resigned 3.6.24) PABoyt J Lewis (resigned 29.11.23) C A Harvey {appointed 5.6.24) D L Tilbrook (appointed 5.6.24) TREASURER: D. L. lllbrook PRINCIPAL ADDRESS 85 London Road Biggleswade Bedfordshire SG18 3EE REGISTERED CHARITY NUMBER 1159094 INDEPENDENT EXAMINER Pace Accountants Noble House Eaton Road Hemel Hempstead Hertfordshire HP2 7UB CHAIRMAN C. Harvey Page 1
ROSE LANE GOSPEL HALL TRUST T ustees. Re ort for the Year Ended 5 A ri12024 The Trustees present their report along with the financial slatements of the Charity for the year ended 5 April 2024. The financial statements have been prepared in accordance with the accounting policies set out on page 9-13 and comply with the Trust Deed and applicable law. OBJECTIVES AND ACTIVITIES Objectives and aims The Trusl 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 01(J and New Testaments of the Holy Bible as followed by those Christians foming part of the workl-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 furtheran of certain aspect5 of doctrine are summarised in tm schedules to the Twst Deed. Slgnificant acllvlties The Trust provides and maintains gospel halls where religious meetings are held by the local Brethren communily. Details of the origins, leachings and way of life of the Brelhren can be found on the website ww.plymouthbrelhrenchristianchurch.org and in the schedules to the Trust Deed. Meetings held at these gospel halls include the Lord's Supper (Communi¢Jn), Gospel preachlngs, Bible readings and Bible addresses. Depending on the particular meeting. beiween 100 and 600 peopl@ 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 nomially include the Lord's Supper (Communion), Gospel preachings, Bible readings and Bible addresses. There is a slruclured weekly schedule of meetings and, depending on Ihe particular meeting, between 30 and 700 people nomially altend these occasions. The meetings are attended by the regular congregatron and trKJst 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 informalion. Bibles and an extensNe range of other Christian reading material are on display at the hall] and visitors are free lo help themselves. Spreading the Gospel Message The Gospel Halls are a base from which the regular congregation and others who allend the meelings are encouraged to spread the Christian Gospel, in word and deed. Members of the congregation participale in a pr(yJramme of street preaching and Gospel tracts are provided free of charge by the Charity lo 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 instilutions to provide gospel tracts and bibles as required. The Trust also operates a programme of providing regular pack5 of nutritious food and gospel literature to homeless and needy persons through local charilies or homeless societies. Public beneflt The trustees of The Rose Lane Gospel Hall Trust confirm that they have Gomplied 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 benefiL Page 2
ROSE LANE GOSPEL HALL TRUST Trustees, Re ort rEn ri12024 OBJECTIVES AND ACTIVITIES The life of a Christtan In carying out this work, the congregation considers itself to be living out its faith in praclice, 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 INes in all our relationships with others in the wider community (including former Brelhren}, 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 Brelhren) 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, chlldren, employers, employees and neighbours. (Col 3'.22-25, Col 4".1). 4. The preservation and protection of the famity unit is fundamental and children are prized as a blessing from God. (Psalm 127.3-51. The elderly are valued members of the communty. 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 faidy and consistent with these principles, we should give our time, talents and money to assist those in need in the WKler community, in so far as reasonable given our abilities and our available resources. (Malt 7.12, Matt 22.39, Eph 4.28). ACHIEVEMENT AND PERFORMANCE Charitable actlvlties Gospel tracts and literature available from the Gospel Hall The Trusl maintains a stock and display of gospel Iracts, lileralure and Bibles in the foyer of our maln Gospel Hall and this fact is advertised on Ihe sign board at the street entrance. Three hundred and fifty seven 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 one hundred and two occasions. Dlstribution of Food Boxes Food boxe5 were given to needy charities during the year. Supportlng the Rapld Rellef Team charity The Rapid Relief Team charily, a separate charity. has a local team in Biggleswade made up from our congregation members. Our main hall is used to slore some essential provisions and equipment that would be required if RRT are requested to support the emergency serviS VrkIng al an incident nearby. FINANCIAL REVIEW Financial position In the year ended 5 April 2024, the Trust had a surplus of incoming resources over resources expended amounting to £92,958 before non-monetary items (depreciation)- Total voluntary income reiVed this year was £201,614 compared to £136,641 in the previous year. All funds held were unr8slricted funds. The loan from the Central G H Trust was repaid during the year. Principal funding sources Funding is soughl through gifts from the congregation and Gift Aid is daimed on eligible donations. Funding is sometimes received from other charitable twsts with complementary objectives. P4È3
ROSE LANE GOSPEL HALL TRUST Trustees, Re ort for the Y88r Ended 5 A ril 2024 FINANCIAL REVIEW Reserves policy The Trustees have considered the level of reseNes they wish to retain, appropriate lo the charity's needs, based on ils size and the level of its financial commilments. The Trust has no employees and its regular outgoings are minimal. Accordingly. the Trustees have decided to adopt a policy of mainlaining sufficient reserves lo provide for the ongoing rna1ntenan 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 conlinue 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 liabilits'es, at the year end were £82,185 (2023.. £170,023, less an unsecured loan of £68,Tr)O from the Central G H Trust). FUTURE PLANS FOR 2024-25 Our willing team of volunteers will Gonlinue 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 fr(xn members of the congregation which we will review and put forward for approval at one of the regular trustee MlIngS. Despite the increased cost of energy, the trusle&s feel that these increased costs are not significantly impacting on the ability of the Charity lo continue as a going concem. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming document, a deed of Irusl 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 Varialion dated 15th August 2014. The Trust was registered with the Charity Commission for England and Wales on 6th November 2014 under Charity Registialion Number.. 1159094. Recruitment and appolntment of new trustees The Trustees who have served during the Period and since the Period end are sel out on the General Information page. None of the Trustees, nor any person connected with them, received any remuneration or expenses from the Cl)arity in the year ended 5 April 2024 (2023 £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 musl be 8ppointed 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 exisling Trustees, who ensure that new Trustees read the Trust Deed and relevant Charity Commission guidan. 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. Widor network The Trustees maintain informal links wrlh similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity. Risk management The Trustees have idenlified and reviewed the major risks to which the charity is exposed and confirm that they have established syslems or procedures to manage and mitigate those risks. Page 4
EGO PELHA fortiie Year Ended 5 ri12 STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees are responsibk for preparTThJ the Trustees, Report and the financlal statements In accordaiice with applicable law ar)d Uniled Kingdom Accounting Standards {Uniled Kingdom Generally Accepted AcGountlng Practice)- The law applicable to tharities in England and Wale5, the Charilies Ad 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustS to prepare financial stalements for each financlal year whiGh give a true and fair view of the stale of affairs of the charity and of the incoming resources and applicAtion of reSoUrs, including the income and expendlture, of the charity for that period. In preparlng Ihose flnanclal stalemenls, the trustees are rewired to select suitable accounting policles and then apply them CA)nslstently. obseNe the tnethods and principles in the Charity SORP- make Judgements and estimates that ara reasonable and prudent., prepare the financial statoments on the going concem basis unless il is inappropriate to presume that the charity will continue in business. The ttustees are responsible for keeplNJ propèr accounts'ng re¢dS which dlsclose with raasonable accuracy at any time the financial poslllon of the charity and to enable them lo ensure that the financtal slalements comply wtth the Charllles Act 2011. the Charity {Accounls and Reports) Regulations 2008 and th8 provlslons of the trust deed. They a also responsible for safeguardlng the assets of the charily and hence for tang reasonable steps for the preventfon and detection offraud and olher irregulariti&s. All transactlons have been revlewed and approved by at least trustees., 22/tsiZ20?5 Approved by order of the board oftrustees on.... ...... .... ................ ........... and signed on f(s b&half by.. D L Tilbrook- Tru8tee Pag6 5
Ind8 nd8nt Examinerfs Re ort to the Trustee5 of ROSE LANE GOSPEL HALL TRUST Independent examiner's report to the trustees of ROSE LANE GOSPEL HALL TRUST I report to the charity trustees on my eXaminatic of Ihe accounts of ROSE LANE GOSPEL HALL TRUST (the Trust) for the year ended 5 April 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparalion of the accounts in accordan with the requiiements of the Charities Ad 2011 ('th8 Act')- I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carying out my examination I have followed all applicable Directions given by the Charily Commission under Section 145(5)(b) of the Act. Independent examinews statement I have completed my examination. I conftrm that no material matters have come to my atlenlion in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act., or the accounts do not accord with those records., or the accounts do not comply with the applKable requirements concerning the fomi and content of accounts set out in the Charities {Accounts 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 Goncems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enabk a proper understanding of the accounts lo be reached. Peter Allen Pace Accountants Noble House Eaton Road Hemel Hempstead Hertfordshire HP2 7UB Date.. Page 6
ROSE LANE GOSPEL HALL TRUST Statement of Financ4al Activities for the Year Ended 5 ril 2024 5.4.24 Tolal funds 5.4.23 Total funds Unrestricted fd Reslricled fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 201.614 201,614 136,641 Investment income 922 922 357 Total 202,536 202,536 136,998 EXPENDITURE ON Charitable activities Running gospel halls Depreciation Govern8nce costs 107,262 105,605 2,316 107,262 105,605 2,316 82,234 121,75D Total 215,183 215,183 203,984 NET INCOMEI{EXPENDITURE) {12,647) (12,647) (66,986) RECONCILIATION OF FUNDS Total funds brought forward 2,908,748 2.908,748 2,975,734 TOTAL FUNDS CARRIED FORWARD 2,8*,101 2.896,101 2,908,748 The noles form part ofthese financial statements Page 7
OSE LANE GOSPEL HALL TRUST Balance Sheel 202 5.4.24 Total funds 5.4.23 Total futKIs Unrestricted tut¥J Restricted fund Notes FIXED ASSETS Tanglb16 assets 2,813,916 2,813,916 2,806,725 CURRENT ASSFrs Debtors Cash at bank 6,493 81,120 6,493 81,120 2,158 188.468 87,613 87,613 190,628 CREDITORS Amounts falling due within one year (5.428) (5,428) (88,603) NET CURRENT ASSETS 82,185 82,185 102,023 TOTAL ASSETS LESS CURRENT LIABILITIES 2,896,101 2,896,101 2,908,748 NET ASSETS 2.896,101 2,896,101 2,908,748 FUNDS Unrestrlct8d funds 2,89fj,101 2,908.748 TOTAL FUNDS 2,896,101 2,908,748 Inancial statements were approved by the Board of Trustees and euthorised for issue on . and were signed on its behatf by.. D L Tllbrook- Trustee .A Hatvey - Trustee The notes fom) part ot these finan8[ stalements Page 8
ROSE LANE GOSPEL HALL TRUST Notes to the Finanaal Statements for the Year Ended 5 Ari1 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charily. which is a public benefrt entity under FRS 102, hav8 been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Char¢ties: 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 slalements have been prepared under the historical cost convention. Income Donations are recognised in the year in which there is ents'dement and probability of receipl and the amount can be measured with reasonable certainty. Inccmne is only deferred when the charity has to fulfil conditions before becoming entitled to il or where the donor has specified that the income is to be expended in a future year. Gilt 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 seNices lo The Rose Lane Gospel Hall Trust is considered to be equal to Maet value which would be paid w8re the service fomially procur&J. This includes services paid for by other Irusts. Inveslment income is accounted for on a receivable basis. Expendlture Liabilities are recognised as expenditure as soon as there ts 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 Ihe amount of the obligalion can be measured reliably. Expendilure 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 directty allributed to particular headings they have been allocated lo activities on a basis consistent wrth the use of resources. Governance and support C05ts Support costs have been allocated beeen governance costs and other support costs. Goveinanc8 costs comprise all costs involving the public &counlability of the charity and costs related lo statutory requirements. Govemance and support costs are allocated to charitable activities on Ihe basis of costs incuTred. Tangible fixed assets Deprecialion is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property Improvements lo property Plant and Equipment not provided and At varying rates on cost 20°/o on cost 25% on reducing balance During the year the Trustees reviewed Ihe tK)licy for the provision for the depreciation or Gonsumption of the gospel hall buildings, and changed it from 50 years to 25 years. This was to reflect the likelihood that the ha115 could need Bubslantial alterations in future to keep them up to dale with lechnological and environmental needs in a fast changing society. Fifty years was fell to be too long a lime span. The policy was backdated to its inception. Taxation The charity is exempt from tax on its tharitable a1Vities. Fund accounting Unrestricled funds can be used in accordance with the charitable objectives at the discretion of the trustees. Page 9 continued...
ROSE L4NE GOSPEL HALL TRUST es to the Financial Statements- ctinued for Ihg Year Ended 5 ri12024 ACCOUNTING POLICIES- continued Fund accountlng Reslricled funds can only be used for particulai restricted purposes within the objects of the charity. Re51riction5 arise when specified by the donor or when funds are raised for particular restrtcted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financlal statements. DONATIONS AND LEGACIES 5.4.24 5.4.23 Donations - Gift Aid Donations- Non Gift Aid Gift aid Legacies Contributions from the congregation Payroll giving 54,466 79,980 13.617 45,852 23,440 (4,663) 25,000 44,500 2,512 50,350 3,201 201,614 136,641 INVESTMENT INCOME 5.4.24 5.4.23 Deposit account interest 922 357 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year 8nded 5 April 2024 nor for the year ended 5 April 2023. Trustees, expenses There were no Irustees, expenses paid for the year ended 5 April 2024 nor for the year ended 5 April 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 136,641 136,641 Investment income 357 357 Total 136,998 136,998 EXPENDITURE ON Charitable activities Running gospel halls 82.234 82,234 Page 10 contlnued..
ROSE LANE GOSPEL HALL TRUST es lo the Financial Statements- contin1 for the Year Ended 5 ril 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - contlnued Unrostricted Reslricled fund fund Total funds Depreciation 121.750 121,750 Total 203,984 203,984 NET INCOMEI(EXPENDITURE) (66,986) (66,986) RECONCILIATION OF FUNDS Total funds brought forward 2.975,734 2,975,734 TOTAL FUNDS CARRIED FORWARD 2.908,748 2,908,748 TANGIBLE FIXED ASSETS Improvements to property Freehold property Plant and Equipment Totals COST At 6 April 2023 Additions 3.692,155 78.571 160,561 29,150 38.577 5.074 3,891,293 112,795 At 5 April 2024 3,770,726 189,711 43,651 4,004,088 DEPRECIATION At 6 April 2023 Charge for year 897,849 90,831 154,468 11,923 32,251 2,850 1,084,568 105,604 At S April 2024 988.680 186,391 35,101 1,190,172 NET BOOK VALUE At 5 April 2024 2,782,048 23,320 8,550 2,813,916 At 5 April 2023 2,794.306 6,093 6,326 2,806,725 Freehold Premlses Tltle Numbers: BD207119, BD256996, BD313256, CB320246. BD167643 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 5.4.24 5.4.23 Income lax recoverable Prepayments 1,067 5,426 2,158 6,493 2,158 Pago 11 continued...
ROSE LANE GOSPEL HALL TRUS Notes to the Financial Statements- cn for the Year Ended 5 A ril 2024 inued CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 5.4.24 5.4.23 other creditors Loan received Accrued expenses 12,550 68,000 8,053 5,428 5,428 88,603 MOVEMENT IN FUNDS Net movement in fiJnds At 5.4.24 At 6.4.23 Unrestricted funds General fund 2,908,748 (12,647) 2,896,101 TOTAL FUNDS 2,908,748 (12,647) 2,896,101 Net movement in funds, included in the atK)ve are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 202.536 (215,183> {12,647) TOTAL FUNDS 202,536 (215,183) 112,647> Comparatlves for movement In funds Net movement in funds At 5.4.23 Al 6.4.22 Unrestricled funds General fund 2,975,734 {66,986) 2,908,748 TOTAL FUNDS 2.975,734 (66,986) 2,908,748 Comparative net movement in funds. included in the above are as follows.. Incoming resourcas ReSoUrS axpended Movemenl in funds Unrestricted funds General fund 136.998 (203,984) (66,986) TOTAL FUNDS 136,998 (203.984) (66,986) Page 12 continued...
ROSE LANE GOSPEL HALL TRUST Notes lo Ihe Financial Stalemenls - continued for the Year Ended 5 A ril 2024 MOVEMENT IN FUNDS - contlnued A current year 12 months and prior year 12 months combined position is as follows- Net movement in funds Al 5.4.24 At 6.4.22 Unrestrlcted funds General fund 2.975,734 (79,633) 2,896,101 TOTAL FUNDS 2,975,734 (79,633) 2,896,101 A current year 12 months and prior year 12 months combined net movement in funds, included In the above are as follows. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 339,534 (419,167) (79,633) TOTAL FUNDS 339,534 (419,167) (79,633) 10. RELATED PARTY DISCLOSURES Aggregate donations to the Trust received from Trustees and Related Parties during the year amounted to £71,750 (2023.. £18,470). 11. VOLUNTEERS The Rose Lane Gospel H811 Trust relies entirely on volunleers to carry out the management, adminislralion and general mainlenance work. The Trust has no paid staff or paid Trustees. Page 13