2023-04-05-accounts

Charity Registration No: 1159097

Allerton Gospel Hall Trust

Report of the trustees and Audited financial statements Year ended 5 April 2023

Allerton Gospel Hall Trust

Contents

	Pages
Reference and administrative details	2
Report of the trustees	3-6
Independent Auditors report	7-9
Statement of fnancial activities	10
Balance sheet	11
Cash fow Statement	12
Notes to the fnancial statements	13-17

1

Allerton Gospel Hall Trust

Reference and administrative details For the year ended 5 April 2023

Charity name	Allerton Gospel Hall Trust
Registered charity number	1159097
Trustees	Quentin Clayson
	Ian Devenish
	Adrian Harris (Chair)
	Alistair Thewlis
	Howard Thorstensen
Treasurer	Ian Devenish
Principal address	446 Allerton Road
	Liverpool
	L18 9UU
Auditor	Riverside Accountancy
	26 St Georges Quay
	Lancaster,
	LA1 1RD
Bankers	NatWest
	138 Allerton Road
	Liverpool
	L18 2JN
Solicitors	Wace Morgan
	31 Market Street
	Newtown
	Powys
	SY16 2PG

2

Allerton Gospel Hall Trust

Report of the Trustees 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 13-14 and comply with the Trust Deed and applicable law.

Structure, governance and management

Governing document

The Charity is an unincorporated trust constituted by a Deed of Trust dated 20[th] September 1982, most recently amended by Deed of Variation dated 16[th] August 2014. The Trust was registered with the Charity Commission for England and Wales on 6[th] November 2014 under Charity Registration Number: 1159097.

Recruitment and appointment of new trustees

The names of the Trustees who served during the year and since the year end are set out on page 2. 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 a Gospel hall and Trustees are chosen from among the regular congregation of the hall. 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.

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. The Charity also maintains particular links with Childwall Gospel Hall Trust, with which it shares members of its congregation .

Risk management

The Trustees have identified and reviewed the major risks to which the Charity is exposed and confirm that they have established systems or procedures to manage and mitigate those risks.

Objectives and activities

Objectives and aims

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.

Public benefit

3

Allerton Gospel Hall Trust

Report of the Trustees For the year ended 5 April 2023

The Trustees 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.

Main activities and achievements

The Trust provides and maintains the Allerton Gospel hall 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. The Trust’s main achievement, after searching for many years, was to secure a large site (5.5 acres) for a new Gospel Hall in Rainhill, St Helens at a cost of £2.465 million in February 2023. The Central Gospel Hall Trust provided a loan of £2.3 million towards the purchase price.

The trustees also operated an Emergency Needs fund for the duration of the coronavirus pandemic and any resultant economic downturn. This fund ceased operation in June 2022. The fund provided limited financial assistance by the way of grocery vouchers to households, who had experienced a recent and significant decrease in income due to the pandemic, such that it was likely to impact on the health and/or welfare of members of the household. The trust appointed a Local Welfare Panel to manage the application process and to administer the vouchers to qualifying applicants.

Plans for Future Periods

Plans are being drawn up as to how best to use the new site and a planning application will be submitted to St Helens Council for their comments and approval as soon as possible. The project is expected to take at least three years, possibly longer. 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

Meetings

Meetings held at the Gospel hall 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 300 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, 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 and the life of a Christian

The Allerton Gospel hall is 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.

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Allerton Gospel Hall Trust

Report of the Trustees For the year ended 5 April 2023

In addition to street preaching, the Trust made donations to local food banks. Both to the Victory outreach church which helps families from deprived areas of Liverpool and the Hope Centre in St Helens. It also continued to support the Whitechapel Centre in its fund raising activities for the homeless in Liverpool.

Members of the congregation were also very active working with the RRT – The Rapid Relief Team. This is a separate charty who supply free meals and support to the emergency services and other charities. RRT has an Agreement with Merseyside Fire and Rescue Services to respond to any incident within 90 minutes of receiving a call. The 52 unpaid volunteers can be called out without warning anytime 24/7. RRT also supports training days arranged by the rescue services and provides all the necessary refreshments. It was a very active year with 23 events involving the preparation of over 6,000 meals. Events included the Northwest counter-terrorism exercise – Operation Remija, and 5 events for the Alder Hey Children’s Hospital. RRT also worked closely with two large primary schools in deprived areas providing more than 2,000 SmaRRT cookie breakfast bars and 20 Early Bird Learning kits to the schools.

Volunteers have continued to help the RRT prepare regular truckloads of food boxes and health care packs to send to emergency centres Ukraine.

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:

• 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).

• 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).

• 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).

• 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.

• 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).

Funding

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.

Financial review

5

Allerton Gospel Hall Trust

Report of the Trustees For the year ended 5 April 2023

Financial position

In the year ended 5 April 2023, the Trust had a £218,358 surplus of incoming resources over resources expended. Total voluntary income received this year was £256,069 compared to £52,838 in the previous year. The increase in this voluntary income was due to a grant of £150,000 from the Central Gospel Hall Trust towards the purchase price of the new site.

The Central Gospel Hall Trust also provided a loan of £2.3 million towards the purchase of the new site. This loan will be repaid when the existing Allerton Gospel Hall is eventually sold.

It is anticipated that the capital cost of the new Gospel Hall will be at least £2 million over the next three years. This cost will be met by contributions from members of the congregation and anticipated legacies. There is also the possibility of disposing of surplus land.

All funds held were unrestricted funds.

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 comparatively small.

The congregation is kept 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. If there is a temporary shortfall in income or unexpected expenditure, a funds appeal will be made to the congregation

The timing of the construction of the new Gospel hall will depend on the availability of funds.

All funds held were unrestricted funds. Final free reserves at the year-end were £479,763 (456,963)

Statement of Trustees’ responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP (FRS 102);

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

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Report of the Trustees For the year ended 5 April 2023

Allerton Gospel Hall Trust

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. All transactions have been reviewed and approved by two trustees.

On behalf of the Board

Ian Devenish

Trustee

Date 19[th] October 2023

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Allerton Gospel Hall Trust

Independent Auditor’s Report to the Trustees For the year ended 5 April 2023

Opinion

We have audited the financial statements of Allerton Gospel Hall Trust(the ‘charity’) for the year ended 5 April 2023 which comprise Statement of financial position, statement of financial activities , cashflow statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements:

• give a true and fair view of the state of the charity’s affairs as at 5 April 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees' annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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Allerton Gospel Hall Trust

Independent Auditor’s Report to the Trustees For the year ended 5 April 2023

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

• the information given in the trustees' report is inconsistent in any material respect with the financial statements; or

• sufficient accounting records have not been kept; or

• the financial statements are not in agreement with the accounting records; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 6, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

[Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

• Review of trustees minutes and review of nominal postings for legal and professional fees ensured we identified any regulatory compliance issues and laws that company must follow in the year and to the date of signing the financial statements

• The assessment of fraud was consider as low due to the segregation of duties seen, the low levels of cash handled. A review of journal entries and consideration of their appropriateness was carried out through the audit

• During the audit we speak to trustees, test the systems and speak to various members of the finance function to understand the entity its processes and the nature of trade to assist in determining if the financial statements are true and fair.

• Challenging assumptions made by management in making their significant accounting estimates.

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Allerton Gospel Hall Trust

Independent Auditor’s Report to the Trustees For the year ended 5 April 2023

• Reviewing financial statement disclosure and testing to supporting documentation to assess compliance with applicable laws and regulations

• Legacies and Donations are reviewed to ensure no restriction on funds are required to be allocated differently from the common funds

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of noncompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the charity’s internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.

• Conclude on the appropriateness of the trustees’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation (ie. gives a true and fair view).

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

The comparative figures have not been audited, as there was no requirement to do so at the year end.

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Allerton Gospel Hall Trust

Independent Auditor’s Report to the Trustees For the year ended 5 April 2023

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Penelope Bowden ACA For an on behalf of

Riverside Accountancy Lancaster Limited Chartered Accountants & Statutory Auditor Second Floor Riverside Offices 26 St Georges Quay Lancaster LA1 1RD

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Allerton Gospel Hall Trust

Balance sheet As at 5 April 2023

		Unrestric	Designat	Designat	Restricte	Total	Total
		ted	ed Funds		d Funds	Funds	Funds
		Funds				2023	2022
	Not	£		£	£	£	£
	es
Income and
endowments from:
Collections
Contributions from		73,800				75	40,810
the congregation
Gift Aid donations		23,026				23		7,080
Income tax		5,756						1,770
refunds
Payroll giving		3,487						3,042
Grants		150,000				150
Investments
Bank interest		1,968					32
Total		258,037				260	52,870
Expenditure on:
Charitable
activities
Running meeting	5	19,798				19	12,321
rooms
Outreach Activities	5	9,232				11	17,451
Cost of donated	4	9,973					18,492
services
Total		39,003				41	48,264
Net		219,033		-675		218		4,606
income/(expenditur
e)
Gains/(losses) on		0						0
revaluation of fxed
assets
Net movement in		219,033		-675		218		4,606
funds
Reconciliation of
funds
Total funds brought		1,956,288		675				1,952,357
forward						63

12

Allerton Gospel Hall Trust

Balance sheet As at 5 April 2023

Total funds carried	2,175,321			1,956,963
forward		21
The notes on pages 13 to 17	form part of these fnancial statements. All of the above
activities are classed as continuing and there are no gains and losses other than
those included above.
		2023	2022
	Notes	£	£
Fixed assets
Tangible fxed assets	6	3,995,558	1,500,000
Current assets
Debtors:		5,756	1,770
Prepayments and accrued income
Cash at bank and in hand		474,007	455,193
Current liabilities
Creditors: amounts falling	due within one	0	0
year:
Other creditors		0	0
Accruals and deferred income		0	0
Net current assets		479,763	456,963
Total assets less current	liabilities	4,475,063	1,956,963
Creditors: amounts falling	due after more	2,300,000	0
than one year:
Loan
Net assets		2,175,321	1,956,963
Funds
Unrestricted income fund		2,175,321	1,956,963
Restricted funds
Total funds	7	2,175,321	1,956,963

The unaudited financial statements were approved and authorised for issue by the Trustee of Allerton Gospel Hall Trust on 5[th] October 2023 and signed on their behalf by

Ian Devenish

Ian Devenish Trustee

13

Allerton Gospel Hall Trust

Balance sheet As at 5 April 2023

The notes on pages 13 to 17 form part of these financial statements

14

Allerton Gospel Hall Trust

Cashflow Statement As at 5 April 2023

Cash Flow from Operating Activities Net movement in funds per statement of fnancial activities - Income and Expenditure Accounts Adjustment for Increase in creditors Purchase of fxed assets Increase in debtors Net cash provided by operating activities Cash Infow Cash and cash equivalents brought forward Cash and cash equivalents carried forward	2023 2022 £ £ 21 8,358 4 ,606 2,30 0,000 - (2,495,558 ) - (3,986) - 1 8,814 4 ,606 1 8,814 4 ,606 45 5,193 450, 587 47 4,007 455, 193

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Allerton Gospel Hall Trust

Notes to the Financial Statements As at 5 April 2023

1. Accounting policies

• 1.1 Basis of preparation financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Second edition of the 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) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and UK Generally Accepted Practice.

The functional currency of the charity is sterling (£).

The 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).

The charity is a public benefit entity and an unincorporated registered charity in England and Wales. The address of the principle activity is 446, Allerton Road Liverpool, L18 9UU.

• 1.2 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 Allerton 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.

1.3 Expenditure

Expenditure is included on an accruals basis. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Charitable activities comprise those costs directly attributable to the fulfilment of the charitable objects.

1.4 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 capacity used.

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Allerton Gospel Hall Trust

Notes to the Financial Statements As at 5 April 2023

• 1.5 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost. Freehold land is not depreciated.

1.6 Taxation

• The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitable activities, provided income falls within the charitable exemptions and is spent on charitable purposes.

1.7 Funds

The general unrestricted fund is free for the Trustees to use for any purposes in furtherance of the trust’s charitable objects.

Restricted funds arise from donations to the trust, which are made for a specific purpose. Restricted funds can only be used for the purpose for which funds were given. Currently, the Trust has no restricted funds.

• 1.8 Preparation of consolidated financial statements

• The Charity does not have a trading subsidiary and there is no requirement to prepare consolidated accounts

1.9 Going concern

The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

• 1.10 Significant estimates and judgements

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

2. Trustees’ remuneration and expenses

No Trustees received any remuneration or other benefits from an employment with the charity and no Trustees were reimbursed for expenses (2022: None).

3. Wages and salaries

There are no employees (2022: none).

4. Donated services

Received from:	2023	2022
	0	0
Donated to:	2023	2022
Childwall Gospel Hall Trust	9,973	18,492

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Allerton Gospel Hall Trust

Notes to the Financial Statements As at 5 April 2023

5. Resources expended

Direct costs - Repairs and Maintenance - Insurance - Rates - Light and heat - Rent - Telephone - Depreciation - Legal and professional costs Support costs Governance	Meeti ng Room Other charita ble activiti es 2 £ 945 4,627 2,019 0 6,259 0 945 0 5,299 11,932 144	023 Meet ing Roo ms Other charita ble activiti es 2 £ 4,025 1,758 0 2,580 0 50 9 0 3,11 3 4,025 1,758 0 2,580 0 509 0 3,113 17 12 0	022
	1911,932	12,10 5 17

Governance costs include £144 (2022: £120) in respect of independent examiner’s fees.

6. Tangible fixed assets

Freehold Property and Refurbishment

£

Cost

Brought forward at 6 April 2022 Additions At 5 April 2023	1,500,000 2,495,558 3,995,558

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Allerton Gospel Hall Trust

Notes to the Financial Statements As at 5 April 2023

Net book value At 5 April 2022 1,500,000

Property Details:

Land registry titles of the above property held are MS569738 and MS331162

7. Analysis of net assets between funds

• 7.1 Current year

Tangible fxed assets Current assets less Current liabilities Creditors due after 1 year Total funds 7.2 Prior year Tangible fxed assets Current assets Current liabilities Total funds	Unrestric ted Funds Restrict ed Funds £ £ 3,995,558 479,763 0 2,300,000 2,175,321 Unrestric ted Restrict ed funds funds £ £ 1,500,000 456,963 1,956,963	Total Funds £ 3,995,558 479,763 0 2,300,000 2,175,321 Total Funds £ 1,500,000 456,963 1,956,963

8. Movement in funds

8.1 Current year

Realise d/ Balance Incomin Resource unreali Balance at g s sed at 5 April 6 April resourc expende gains 2023 2022 es d and

19

Allerton Gospel Hall Trust

Notes to the Financial Statements As at 5 April 2023

Restricted funds Designated Funds Unrestricted funds Total funds	losses £ £ £ £ £ 0 0 0 0 0 675 2,025 2,700 0 0 1,956,28 8 258,037 39,003 0 2,175,321
	1,956,9 63 260,06 2 41,703 0 2,175,32 1

8.2 Prior year

Restricted funds Designated Funds Unrestricted funds Total funds	Balance at 6 April 2021 Incomin g resourc es Resource s expende d Realise d/ unreali sed gains and losses Balance at 5 April 2022 £ £ £ £ £ 0 0 0 0 0 -225 16,350 15,450 0 675 1,952,58 2 36,488 32,814 0 1,956,268
	1,952,3 57 52,838 48,264 0 1,956,96 3

9. Transactions with related parties

There were no related party transactions in the reporting period that require disclosure. (2022 nil)

10. Post balance sheet events

Planning permission is being sought for a new Gospel Hall on the Rainhill site. The budget cost of constructing this Gospel Hall is £2 million but no contracts have been entered into.

11. Volunteers

Allerton 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.

20

Allerton Gospel Hall Trust

Notes to the Financial Statements As at 5 April 2023

12 . Control

The charity is controlled by its trustees

21