Trustees Report & Unaudited Financial Statements Knighton Park Gospel Hall Trust Forthe year ended 5 April 2024
Contents Legal and Administrative Information Report of the Trustees Report of the Independent Examiner Statement of Financial Artivities io Balance Sheet li Notes forming part of the Financial Statements 14 Resources Expended 15 Analysis of Net Assets- Current year 16 Analy515 of Net Assets. Prior Year 17 Movement in Funds- Current Year 18 Movement in Funds. Prior Year 19 Comparatlve Statement ol Flnanclal Activlties Trustees Report& Unaudlted FIAancièlStatement$ Knighton Park Gospel Hall Tfust 30 Oct 2024 Page 2of 19
Legal and Administrative Information Knighton Park Gospel Hall Trust For the year ended 5 April 2024 Charity Name; Knighton Park Gospel Hall Trust Registéred Charlty Mumber: 1159111 Trustets: Mr Jeremy Tennent (Chairl MrJames Burke MrThoma5 Burke Mr Bruce Dallow MrPhilWalker Treasur•r: Mr Jeremy Tennent Prln<lpl¢ Addres$: Brethren's Meeting Room, Adjacent to 188 Station Road, Ratby, Leicester, LE6 OJP Indep•ndent Ex•min•r. Ashlyn Chattell Qldfield Advisory LLP Sanlis House Curfiers C105e Coventry CV4 8AW Accountant: Oldfield Advisory LLP Santis House Curriers Close Coventry CV4 8AW Bankers: Natwest Bank PIC Leicester, Granby Street IBI Branch I, Granby Street Leicester LEI 6EJ Trustees Report& Unauditeé Financial StalementS Knighton PArk Gospel Hall Trust 30 O¢t2024 Page 3 0119
Report of the Trustees Knighton Park Gospel Hall Trust For the year ended 5 April 2024 The trustees present their report along with the financial statements of the Charity for the year ended 5 April 2024. The financial statement5 have been prepared in accordance with the accounting policie5 set out on page 11 and comply with the Trust Deed nd applicable law. structure, Governance and Management Governing Document The Charity is an unincorporated trust constituted by a Deed of Trust dated 23rd October 1978, most recently amended by Deed of Variation dated 19th August 2014. The trust Wa5 registered with the Charity Commission for England and Wales on 6th November 2014 under Charity Registration Number.. 1159111 Recruitment and appolntment of new Trustees The Trustee5 who have 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 2024. The Trust operates one Gospel hall and Trustees are chosen from among the legular 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. Check5 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 Trustee5 of Similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity. The Charity also maintains particular links with Mostyn Gospel Hall Trust with which it shares members of its congregation. Risk Management The Trustees have Identified and reviewed the major risks to whlch the charity Is exposed and conflrm that they have established Systems to manage and mitigate those risks, Objectives and Activities Objectives and Aims The charitable purposes of the Charity are the advancement of the Chrlstian 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 a5 followed by those Christians forming part of the world-wide fellowship known a5 the Plymouth Brethren Christian Church Ithe"Brethren"l and any other charitable purposes connèctÈd with Brethren. The core doctrine of the Brethren and proper practlces in furtherance of certain aspects of doctrine are summarised in two schedules to the Trust Deed. Public Benefit The Trustees confirm that they have cornplied 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. As part of taking steps to increase publlc outreach activities this year, Knighton Park Gospel Hall Trust has held regular open-alr preachings in the city centre throughout the year, which were attended by members of the congregation and tr3Ct5 were distributed. There were also donations to local food banks made in August & December 2023, with over £700 worth of food given. Trustee5 Report& Ur*auditeé FiDan£ial Statements Knighton ParkGospel Hall Tfust 30 Oct2024 Pa8e 4 of 19
Reptrri olthe Trustees The congregation approached HM Prison Leicester regarding the donation of bibles, this subsequently came to fruition in the current fin3nci31 year. Members of the congregation also volunteered for the RRT, a separate charity, which took place during the year,. details of these events are as follows...- 7th April 2023 - a team of 9 volunteers from the congregation supported the RRT in serving breakfast to 45 participants at the CEO 51eepout event in Leice5terTigers Ground. In Ma & June 2023- 12-13 volunteers from the congregation sUPPOrted the RR T at the LOROS Staff & Volunteer thank you meals and setved around 380 Eourmet burger meals in total. 19th August 2023- a team of 23 volunteers from the congregation supported RRT at the LOROS Hospice Big Day Out, serving 650 burger meals. 9th September 2023- 10 members of the congregation provided support to RR T in serving 100 breakfast meals to participants in the Leicestershire Round Bike Ride. 21st-22nd September 2023- 17 members of the congregation served 400 mea15 to attendees at the NEC Emergency SeNices Show. 30th-31st January 2024- a team of 18 volunteers supported the RRT in servlng 300 meals to Leicestershire Search & Rescue, Red Cross volunteers and Cadent at the Ratby Gas Outage. Main activities and achievement5 The Trust provide5 and maintain5 one 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. Plans for future periods Despite the increased cost of energy, the trustees feel that these increased costs are not significantly impacting on the abillty of the charity to continue as 3 going concern. Meetings Meetings held at the Gospel halls include the Lord's Supper (Communionl. Gospel preachings. Bible readings and Bible addresses. There is a structured wéÈkly schèdLtlè of meètings and, depending on the particular meeting, between 40 and 500 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 infonnation 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 halls and visitors are free to help themselves. Trustees R£port& Unaudited Financial Staternents Kni8hton Park Go5poI Hall Twst 30 Oct 20?4 Page Sof 19
Report ofrhe Trustees Spreadingthe Gospel message and the life of a Christian The Gospel halls are a base from which the regular congregation and Dthers who attend the meetings are encouraged to spread the Christian Gospel, in word and deed. Members of the congregation would usually participate in a programme of street preaching where Gospel tracts are provided Iree of charge by the Charity to such preachers to be handed out to interested members of the public, In carrying out this work, the congregation conslders itself to be living out its faith in practice. 35 Particularly exemplifled 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 Wlth others in the wider community linclLtding former Brethren), in accordance with the teachings of Holy Scripture11 Tim 2..21. We regularly go out from our homes to preach on the streets, to distribute Christian literature and engage with the widér community lincluding former Brethrenl in order to present Èternal salvation. available to all men by foith in Jesus Christ. 12 Tim 4'.21. We seek as mernber5 of the public to lead Christian lives as husbands and wives, parents, children, ernployer5, employees and neighbours. (Col 3..22-25, Col 4'.11. The preservation and protection of the family unit is fundamental and childrÈn are prized as a blessing from God. (Psalm 127:3.51. The elderly are valued members ofthe community, for whom both their family and the wider community are expected to care. Holy ScrSpture commands us to be good neighbours to other5, and deal with all other people lincluding former Brethren) openly, honestly and fairly and consistent with these principles. we shotsld 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',281. Funding Funding is sought through gifts from the congregation and Glft Aid is claimed on eligible donations. Funding is 50metirnes received from other charitable trusts with complementary objectives. Financial Review In the year énded 5 April 2024 the Trust had a deficit of incomlng resource5 Qver resource5 expended. This is mostly due to non-monetary items such as depreciatlon. Total voluntary income received this year was £33,000 compared to £34,726 in the previous year. All funds held were unrestricted funds. Reserves Policy The Trustee5 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 Trustees aim for the charity to hold approximately £10,000 in a current account to meet the day to day expenses, plus an allowance for any urgent repairs and capital expense5, The Trustees will endeavor not to set aside funds LJnne¢essarily. Free reserves accumulated in excess of the minimum will be used at tho discretion of the trustees for the strategic development of KniEhton Park Gospel Hall Trust. The Trustee5 aim to ensure that the charity will be able to continue to fulfil it5 charitable obje¢tive5, even if there is a temporary shortfall in income or unexpected expenditure, by raising a funds appeal, Free ReseNes at the year end were £17,93612023.' £35,050) TNstees Report& Unaudited Financial Statements KniEhton Park Gospel Hall TNst 30 Oct 2024 PaEe 6of 19
Report olthe Trustees Statement of Trustee5 Responsibilities The trustees are re5pon5ible for preparing the Report of the Trustee5 and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PracticÈl. The law applicable to charitie5 in England and Wales, the Charities Act 2011, Charity IAccounts and Reports) Regulations and the provisions of the Trust Deed require the Trustees to prepare financial ststements 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. including the income and expenditure, of the Charity for that period. In preparing those financial statements, the Tru5tee5 are required to: select suitablo accounting policie5 and then apply them consistently. ob5etve the methods and principles in the Charity SORP IFRS 1021. make judgÈmÉnts and estimate5 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 15 inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting record5 which disclose with reasonable accuracy at any time the financial posltion of the charity and to enable them to ensure that the financial statemet)ts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provision5 of the Trust Deed. They are also responsible for safeguardlng the assets of the charity and hence for taklng reasonable Steps for the prevention and detection of fraud and other irregularities, All tran5actlOn5 have been reviewed and approved by two trustees, On Behalf f the board.. Mr Jeremy Tennent (Trusteel Date Trustee5 Report & Unaudited Fin3ncio1 Statements Knighttsn ParkGospel H411 Trust 30 Ocl 2024 Paze 7 of IS
Report of the Independent Examiner Knighton Park Gospel Hall Trust For the year ended 5 April 2024 I report to the trustees on my examination of the accounts of the Knighton Park Gospel Hall Trust for the year ended 5 April 2024. Respective responslbilltSe5 of Trustees and Examlner The charity's tIU5tees are responsible for the preparation of the accounts in accordance with the requirements ofthe Charities Act 20111'theAct'l. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Basis of Independent Examiner's Report My examination was carried out in accordance with the General Directions given by the Charity Commission, An examinatlon includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given 3$ to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statements below. Independent Examlner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that In any materlal 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 account5 do not comply wlth the appllcable requirements concerning the form 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 vlew, which is not a matter considefed a5 part of an independent examination. I have no concerns and have come across no other matter5 in connection with the examination to whSch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Ashlyn Chattell Oldfield Advisory LLP Santis House Curriers C105e Coventry CV4 BAW 30 October 2024 Trustees fieport& Unaudited Financial Statement5 KnightoTh Park Gospel HallTrust 30 Oct 2024 Page 8 tsf 19
Statement of Financial Activities Knighton Park Gospel Hall Trust For the year ended 5 April 2024 VNRESTRICTED FUNDS DESIGNATED FUNDS RESTRICTED FUNDS TOTALFUNDS 2024 TOTAL FUNDS 2023 Income and endowments: Donations and Le Contributions from the Congregation Other Income acat5: 33,000 33,000 34,726 2,566 2.566 3,282 Investments Interest Recelved 230 230 179 Total Income and endowments: 35,797 35,797 38,186 Ex enditure: Running Meeting Room5 (note 91 Congrègation Support (note 91 Grants to affiliated trusts Inote 51 Tolal Expendlture". 71,611 300 72,616 68,330 4,245 25,000 71,611 300 76,861 93.330 Net IncornellExpendlture) 135,8141 13001 141,0641 155.1441 Net Movement In Funds 135,8141 13001 141,0641 155,1441 UNRESTRICTED FUNDS DÉSIGNATED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2024 TOYAL FUNDS 2023 Reconciliation of funds Total Funds bouEht forward Net movement In funds note 111 679,175 135,8141 643,361 300 679A75 141,0641 638,411 734,619 155,1441 679h75 13QOI Total Fund5 carried forward The notes on page 11- 19 form part of these financial statements, Trustee5 Report& Unaudited Finantial Statements KniEhton Park Gospel Hall Trust 300ct2024 Page9 of 19
Balance Sheet Knighton Park Gospel Hall Trust As at 5 April 2024 2Q24 2023 Fixed Assets Tangible assets (note 61 Tot•1 Foxed Assets 620.474 644,425 620.474 644,425 Current assets Pfepayments and actrued income Cash at bank and in hènd 3,517 16,207 1,342 39,155 Totsl Current assets 19.724 40,498 Creditors: amounts fallin Accruals and deferred income due within one ear 1,788 1,788 5,447 Total Credltors: amountsfalllng due wlthln one year 5,447 Net current assetsllliabilitiesl 17,936 35,050 Total assets less current liabilities 638.411 679,475 Net Assets 638,411 679,475 Funds Unrestricted funds note 10) 638,411 fjT9.475 Total Fund5 638,411 679,475 The unaudited fi Trust on ...,.... nclal statements were approved and authorised for issue by the Trustees of Knighton Park Gospel Hall Yi:.i.o...2....... and were si nèd on it5 behalf by: Mr Jeremy TennÈnt ITrusteel The t7otes on pages 11- 19 form part olthese fi.nancial statements. Trustees Report & Unaudited Financial Statements Knighton Park GospelHallTrust 30 Oct 2024 Page 10 of 19
Notes forming part of the Financial Statements Knighton Park Gospel Hall Trust For the year ended 5 April 2024 I. ACCOUNTING POLICIES 1.1 Basis of financial statements The financial statements have been prepared in accordance with the Statement of Recommended Practice- Accountlng and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014. and incorporating update bulletins l and 2, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and UK Generally Accepted Accountlng Practice. The functional currency of the charity is sterling 1£>, The Trust meet5 the definition of a public benefit entity under FRS 102. Assets and liabllities are initially recogni5ed at historlcal cost or transaction value unless Otherwise stated in the relevant accounting policy note151. 1.2 Income Donations are recognised In the year In which there is entitlement and probabillty of receipt and the amount can be measured with reasonable certainty. Income is only deferred when the charity has to fulfil conditlons 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 relate5. Donated sÈNices are recognised as income and expenditure in the financlal statements when organlsatlons or IndSvlduals offer their seNices and support pro bono. The value ofthese donated seNices to Knighton Park Gospel Hall Trust is considered to be equal to market value which would be pald were the service formally procured. Thi5 includes services paSd 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 recognlsed as soon as there Is a legal or constructive obligation committlng the charlty to pay out resource5, Charitable activities comprise those costs directly attributable to the fulfilment of the charitable object5. 1.4 Governanee and support costs Support costs have been allocated between governance costs and other 5UPPOrt costs. Governance costs comprise all costs involving the public accountability of the charity and cost5 related to statutory requirements. Governance and support Costs are allocated to charitable activitles on the basis of capacity used. 1.5 Tangible fixed a$5et5 and depreciation Tangible fixed a55ets are stated at cost le55 depreciation. Freehold land Is not depreciated. Depreciation is provlded at rates calculated to write off the cost, less estimated residual value. of each asset over its expected useful life as follow5.' Freehold Property 3¥0 Straight line FiXtreS, Fittings & Equipment IO% reducing balance 1.6 Taxation Tru5tee5 Report& Unauditeo FlnancialStat?menl$ Knighton Park Gospel Hall Trust 3Q O¢t 2024 Page 11 of 19
Nc>tesloming partof the f inancièl Statement5 The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitsble activities, provided income falls within the charitablè oxèmptions 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 fund5 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. 1.8 Preparation of con501idated financial statements The Charity does not have a trading Subsidiary. 1.9 Golng Concern The TrL¢Stees consider that there are no material uncertainties about the charity's ability to continue as a going concem. 1.10 Slgnlficant estlmates andjudgements The trustees do not consider that there are any source5 of estimation uncertainty at the reporting date that havé a significant risk of causing a material adjustment to the carrying amount5 of a55ets and liabilities within the next reportlng period. 2. TRUSTEES, REMUNERATION AND EXPENSES No Trustees re1Ved any remuneration or other benefits from an employment with the charity and no Trustees were reimbursed for expense512023: none) 3. WAGESAND SALARIES There are no employees12023.' none) 4. Grants 2024 2023 Grants; Grantsto.. Grants to afliliated trusts Total Grants: 25,oori 25,000 Trustees Report& Vnaudited Financialstatetnents Knizhton Park Gospel Hall Trust 30 Oct2024 Page 12 of Ig
Note5 formiTrB Partof the Financial Stat¢rnents 5. Tangible Fixed Assets Freehold Land & Bulldings Fixtures, Fittings & Equlpment At 5 April 2023 1,260.890 166,583 1,427,473 Additions 1,092 1,092 D15P05als At 5 April 2024 1,260,890 167,675 1,428,565 At 5 April 2023 622,454 160,593 783,048 Current Year Depreciatlon 23,365 1,677 25,042 Eliminated on disposals At 5 April 2024 645,820 162,270 808,090 At 5 Aprll 2024 615,070 620,474 At 5 AprS12023 638.436 5,989 644,425 Land registry titles of the above property held are LT65850, LT159337, LT204094, LT237037. 6. TRANSACTIONS WITH RELATED PARTIES During the financial year, aggregated donatlons of £nll12023', £nill were received. 7. VOLUNTEERS Knighton Park Gospel Hall Trust relies entirely on volunteers to carry out the management, admlnistration and general malntenance work. The Trust has no paid staff or paid Trustees. Twstees Report& Unaudited Financial Statemeftts XniEhtofj Park Gospel Flall Trust 30 Oct 2014 PaEÈ 13 L¥f 19
Resources Expended Knighton Park Gospel Hall Trust For the year ended 5 April 2024 9. Resources Expended RVNNIPIG MEETING ROOM5 OTHER CHARITABLE AcrivlEs TOTAL COST5 2024 TOTAL COSYS 2023 Direct Costs Repairs and maintenance Electricity, Ga5 & Water Telephone Legal and professional Congregation Support Publlc outrÈa¢h expenses Speclal meetlng Costs Depreciatlon Insurarbce 22.605 12,924 403 22,605 12,924 403 14,846 9,586 637 5,528 5,528 3,888 4,245 705 4.245 705 1,160 25,Q42 2,29S 1.160 320 25,042 2.295 24.913 1,798 Other Expenses Governance 908 11,296 1,04S 66,330 1,045 1,045 76,861 T¢¢al Direct Costs 71,911 4,950 GoveTnan¢e cost5 include £180 (prior year.. £1801 in respect of independent examiners fees. Trustees Report & Unaudited FinaniialStatement5 Knighton Park Gospel Hall Trust 30 Oct 2024 P38e 14 tsf 19
Analysis of Net Assets- Current year Knighton Park Gospel Hall Trust For the year ended 5 April 2024 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS 10.1 Current Year UNRESTRICTEO FUND5 DESIGNATED FUND5 RESTRICTED FUNDS TOTAL FUNDS 2024 Funds Tangible Fixed Assets Current Assets 620,474 24,674 11,7881 620.4T4 19,724 11,7881 638.411 Current Liabllitles Total Fund5 fj43,361 Trustees Rep¢rt& Vnaudited Financal Statements Knighton P3rkGospel H3llTrust 30 Oct 2024 Page 15 of 19
Analysis of Net Assets- Prior Year Knighton Park Gospel Hall Trust Forthe year ended 5April 2024 10.2 Prioryear UNRESTRicfED FUNDS DESIGNATED FUNDS RESTRICTED FUNDS TOTAL FUIIDS 2023 Funds Tangible Fixed Asset5 Current Assets 644.425 644,425 40,198 15,4471 300 40,498 CLtrrent Llabilities 15,4471 679.475 Total Funds 679,175 300 Twstees Report & Unaudited Financial Statement5 Knighton ParkGospel H3117ru$t 3DOct2024 Page 16 of Ig
Movement in Funds- Current Year Knighton Park Gospel Hall Trust For the year ended 5 April 2024 11. Movement in Funds 11.1 Movement in funds- current year UNRESTAICTEO FVMDS OESIGMATED FiINDS RESTRICTED fUND5 TOTALFUNDS 2024 Movernent in Funds Total funds bought forward Incoming resources Resources expended Totsl fund5 ¢arrled fon¥ard 679,175 300 679.475 34.560 170,3741 34,560 175,6251 638,411 13001 643.361 Trustee5 Report& Unaudited Financi£l Statements Knighton Park Gospel Hall TrLtst 300ct2024 Page 17 of 19
Movement in Funds- Prior Year Knighton Park Gospel Hall Trust For the year ended 5 April 2024 11. Movement in Funds 11.2 Movement in fvnds- Prioryear VNREsfRICTED FUNDS DESIGNATE FUNDS RESTRICTED FUNDS TOTAL FUNDS 2023 Movement In Funds Totsl funds boLtght forward Incoming re50ur¢es Resource5 expended Total funds carrled fOard 728,269 36,664 185,7581 679,175 S,350 734,619 36,664 191,8081 679,475 16,0501 300 Tru$teE5 Report& Vnaudited FinancialStatEtNent5 Knighton Park Gospel Hall Tmst 300tt2D24 Pège 18of 19
Comparative Statement of Financial Activities Knighton Park Gospel Hall Trust For the year ended 5 April 2024 UNRESTRICTED FUNDS DESIGNATED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2023 Income and endowments: L)onadon5 and Le clès: Contributions Irom the Congregatlon 36,485 36.485 Investments Interest Received 179 179 Total Income and endowments: 36.664 36,664 endlture: Runnlng Meeting Rooms (note 91 Grants to affillated trusts Inote Sl Total Expendlture,. 60.T58 6,OSO 66,808 25,000 25.000 85,758 6,050 91,8Q8 Net Incornel{Expenditurel 149,0941 16.0501 155,1441 Net Movement In Funds 149,0941 16,0501 155,1441 UIIRESTRICTED FUNDS DESIGNATED FUNDS RESTRICTED FUND5 TOTAL FUNDS 2023 Reconciliatlon of funds Total Funds boughl lomard Nel movement In funds note 11) 728.269 149,0941 679,175 6,350 16,0501 300 734,619 155,1441 679.475 Total Funds carried lorward Trustees Report & Unaudited Financial Statements Knighton Park Gospel Hall Trust 300£t2024 Page 19of19