Trustees Report & Unaudited Financial Statements Knighton Park Gospel Hall Trust For the year ended 5 April 2025
Contents Legal and Administrative Information Report of the Trustees Report of the Independer5t Examiner Statement of Financial Activities Balance Sheet io Notes forming part of the Flnancial Statements 13 Resources Expended Id Analysis of Net Assets- Current year Is Analysis of Net Assets- Prior Year 16 Movement in Fund5- Current Year 17 Movement in FLfnds- Prioryear 18 Comparative Statement of Financial Activities TTUSte*s Report& UnaLtrdiied Flnanci?15t3temeDts Knighton Park Gospel Hall Trtsst 16 Dec 2025 Page 2of 18
Legal and Administrative Information Knighton Park Gospel Hall Trust For the year ended 5 April 2025 Charlty Name.. Knighton Park Gospel Hall Trust Reglstèred Charlty Number: 1159111 Trustees: Mr Jeremy Tennent ICh3irl MrJames Burke Mr Thomas Burke Mr Bruce Dallow Mrphil Walker Treasurer: MrJeremyTennent Prlnclple Address: 190 Station Road Ratby Leicester LE60JP Independent Ex•rniner'. Laverne Eames 1120 Elliott Court Herald Avenue Coventry CV56UB Aceountant: Oldfield Advisory LLP 1120 Elliott Court Herald Avellue Coventry CV56UB Bankers: Natwest Bank PIC Leicester, Granby Street IBI Branch I, Giar)by Street Leicester LEI 6EJ Tru51ees Report& Unaudited Financlal statement5 nighton Park Gospel Hall frust IS Dec 2025 Page 3 of IB
Report of the Trustees Knighton Park Gospel Hall Trust For the year ended 5 April 2025 The trustees present their report along with the financial statements of the Charity lor the year ended S April 2025. The financial Statements have been prepored in accordance with the accounting policies set out on page 10 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 ol Trust dated 23rd October 1978, most recently amended by Deed of Variation dated 19th August 2014. The trust was registered with the Charity Commission for England and Wales on 6th November 2014 under charity Registration Number.. 1159111. Recrultment and appolntrnent of new Trustees The Trustees who have 5eNed during the year and since the year end are set out on page 3. None of the Trustees, nor any person connected with them, received any remuneration from the Charity in the yearended 5 April 2025. Details of the reimbursements of expenses to Trustees are given in note 2 on page 11. The Trust operates one Gospel hall and Trustees are chosen from among the regular congregation of the hall. New Trustees are nominated by the existing Trustee5 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 ol 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 lead the Trust Deed and relevant Charity Commission guidance. Wider Network The Trustees maintain informal Ilnks with similar Charities with a view to pooling experience considered useful in pursuing the objects of the Charity. Risk Management The Trustees have identified and reviewed the major risks to which the charity is exposed and confirm that they have established systems to manage and mitigate those risks. Objectives and ActiV4ties Objectives and Aim5 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 a5 the Plymouth Brethren Christian Church Ithe"Brethren"l and 3ny other charitable purposes connected with Brethren. The core doctfine of the Brethren and proper prattices in furtherance of certain aspects of doctrine are summarised in two schedules to the Trust Deed. Public Benefit The Trustees confirm that they have Complied with theirduty under section 4 of thè Charities Act 2011 to have due regard to the Charity Commission's general guidance to charities on PLtblic benefit. Detai15 01 public benefit activities carried out by Knighton Park Gospel Hall Trust can be found in the separate appendix to this report. Trustees Report & Unauéited Financial Statements Knighion Park fjospfrl Hall Trust 16 Dec 2025 Pège 4 of 18
Report of the Trustees Main activities and achievements The Trust provides and maintains one Gospel hall where religious meetings are held by the local Brethren £ommunity. Detai15 of the origins, teachings and way of life of the Brethren can be found on the web51te- www.plymouthbrethrenchristianchurch.org and in the schedules to the Trust Deed. Plan5 for future periods De5Plte 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. Meetlngs Nleetings held at the Gospel ha115 include the Lord'5 Supper (Communion), Gospel preachings, Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the particular meeting, between 40 and 550 people normally attend these occasion5. rhe meetings are attended by the règular congregation and Most are Open to other properly disposed visitors. The notice board outside the Hall welcome5 Vlsitors 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. 8ible5 and an extensive range of other Christian reading material are on display at the halls and visitors are free to help themselves. Spreading the Gospel message and the life of a Christian 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 where Gospel tracts are provided free 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 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 Ilve exemplary lives in all our relationships with others in the wider community (including former Brethren), in acco¥dance with the teaching5 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 wider community (including former Brethren) in order to present eternal salvation, available to all men by faith in Jesus Christ. 12Tim4-21. We seek as members of the public to lead christian lives as husbands and wives, parents, children, employers, employees and neighbours. Icol 3..22-25, Col 4'.11, The preservation and protection of the family Ltnit is fundamental and children are prized as a blessing from God. IP5alm 127'.3-51. The elderly are valued members of the community, for whom both their13mily 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 Biethrenl 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 abillties and our available resources. (Matt 7..12, Matt 22'.39, Eph 4..281. Funding Funding 15 sought through gifts from the congregation and Gilt Aid is claimed on eligible donations. Funding is sometimes received from other charitable trusts with complementary objective5. Twstees Report & Unaudlted Financi31 Statements Knighion Park Gospel Hall Trus1 16 Dèc20 Page5 Df IS
Report ofthe Trustees Financial Review In the year ended S April 2025 the Trust had a deficit of incoming resources over resources expended. This is mostly due to non-monetary item5 such as depreciatiDn. Total voluntary income received thi5 year was £36,000 compared to £33.000 in the previous year. All funds held were unrestricted funds. Reserves Policy Thè 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 it5 financial commitments. The Trustees aim for the charity to hold enough free reserve5 in a current account to meet 6 months of day to day expenses, plus an allowance for any urgent repairs and capital expenses. The Trustees will endeavor not to set aside funds unnecessarily. Free reseNes accumulated in excess of the minimum will be used at the discretion ofthe trustee5 for the strategic development of Knighton Park Gospel Hall Trust. 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 eKpenditUTe, by raising a funds appeal. Free Reserves at the year end were £18,50312024.. £17,936). statement of Trustees Responsibilities The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Acceptéd Accounting Practicel. The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) RegLflations and the provisions of the Trust Deed require the Trustees to prepare financial statements for each financial year which give a true and lair view of the state of affair5 of the Charity and of the incoming resources and applicati¢n of resources, including the income and expenditure, of the Charity for that period. In prèparing those financial statements, the Trustees are required to: select 5Ultable accoL¢nting policies and then apply them consistently,. observe the methods and principles in the Charity SORP IFRS 1021., makejudgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any mateiial departures discltssed 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. The trustees are responslble for keeping proper accounting record5 which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed. They are also resporb5ible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fiaud and other irregularities. All transactions have been reviewed and approved by twa trustees. On Behalf of the board.. Mr Jeremy Tennent (Trusteel Date /310 i/JoX6 Trustees Report & U)audited Finaniial Siatements Knighton Park Gospel Hall Trust 16 Dec 2025 Page6 of 18
Report ofthe Independent Examiner Knighton Park Gospel Hall Trust For the year ended 5 April 2025 I report to the trustees on my examination of the accounts of the Knighton Park Gospel Hall Trust for the year ended 5 April 2025. Respective responsibilities of Trustees and Examiner The charity'5 trustee5 are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Trust's account5 carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Direction5 given by the Charity Commi551on under section 145151 Ibl of the Act. Basis of Independent Examiner's Report My examination was carried 04Jt in accordance with the General Directions given by the Charity Commission. An examination 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 as 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 Examiner'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 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 applicable requirement5 concerning the form and content ol accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairview, which is not a matter considered as part of an independent examination, I have no concerns and have come across no other matters in connection with the exarnination to which attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. Laverne Eames 1120 Elliott Court Herald Avenue Coventry CV5 6U 16 December 2025 Tru5teÈs Report& uTUd1ted Financi31 Staiernent5 Xnighton Park Gospel Nall Trust IS Dec 2025 Page 7 of 18
Statement of Financial Activities Knighton Park Gospel Hall Trust For the year ended 5 April 2025 U14RESTRICTED FVNOS DESIGNATED FVNDS RESYklCTED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 Income and endowments: Donations and Le acies: Coniiibvtlons from the Congregation Other Income 36,000 36,000 33,000 5,176 5,176 2,566 Investments Interest Received 156 156 230 Total Income and endowmenls: 41,332 41.332 35.797 enditure: Running Meeting Rooms (note 71 Congregation Support (note 71 Total Expenditure: 61,502 61.502 72,616 4,245 61.502 61,S02 76,861 Net IncomellExpenditurel 120,1691 120,1691 141,0641 Net Movement In Funds 120,1691 12Q,1691 141,0641 UNRESTRICTe) FUND5 DESIGNATED FUNDS RESTRICTED FUNDS TOTAL FUIIDS 2025 TOTAL FUMD5 2024 Reconclllation of funds Total Fund5 b¢u8ht forward Net movement in funds note 9 638,411 638,411 679.475 120,1691 618,241 120,1691 618,241 14L,0641 638,411 Totsl Funds carrled forward The notes on page 10- 18 form part of these financial statements. Twstees Report& Unavdited Financial Statements Knighton Park Gospel Hall Trust 16 Dec 2025 Page 8 of18
Balance Sheet Knighton Park Gospel Hall Trust As at 5 April 2025 2025 2024 Flxed Assets TanEible assets Inote 41 Total Fixed Assets 599,739 599,739 620,474 620,474 Current assets Prepayments amd accrued income Cash at bank and in hand 1,962 3.517 J8,435 16,207 Yotsl Current asset5 20,397 19,724 Creditors: amounts fallin Accruals and deferred irncome due within one ear 1.895 1,788 Total Creditors: amounts l•lllngdue withln ofte year 1,895 1,788 Net current assetsllliabilitles) 18,503 17,936 Total a55et5 less current Ilabilities 618,241 638,411 Net Assets 618,241 638,411 Funds note 8 Unieslrlcted funds 618,241 638,411 Total Funds 618,241 638,411 The unaudlte Truston cial statements were approved and authori5ed for issue by the Trustees of Knighton Park Gospel Hall .and were signed on its behalf by.. Mr Jeremy ennent (Trusteel The notes on page$ 10- 18 form part ol these financial 5tatement5. TTUStees Report& Unaudited Fin3nci31 Statement5 Knighton ParkGospel HallT¥ust 16 Dec2Q25 Page 9 of18
Notes forming part of the Financial Statements Knighton Park Gospel Hall Trust For the year ended 5 April 2025 I. ACCOUNTING POLICIES 1.1 Basis of financial Statements The financial statement5 have been prepared in accordance with the Statement of Recommended Practice: Accounting 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 Accounting Practice. The functional currency of the charity 15 Sterling 1£). The Trust meets the definition of a public benefit entity under FRS 102. Assets and li3bilities are initially recogni5ed at historica cost or transaction value unle55 9theISe stated in the relevant accounting policy notelsl. 1.2 Income Dornalion5 are recognised In the year in which there is entitlernent and probabillty of receipt and the amour¢t can be measured wlth reasonable certainty. Incorne 15 only deferred when the charity has to fulfil condition5 before becoming entitled to it or where the donor has specifled that the income 15 to be expended in a futL¢re 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 flnancial statement5 when organisations or individuals offer their services and support pro bono. The value of these donated services to Knighton Park Gospel Hall Trust is considered to be equal to market value which would be paid were the service formolly 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 charlty to pay out resource5. Charitable artivities 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. 1.5 Tangible fixed a55ets and depreciation Tangible fixed assets Ic05ting mare than £IOOI are stated at cost le55 depreciation. Freehold land Is not depreciated. Depreciation is provided at rates calculated to write off the cost, less estimated residLJal value, of each asset over it5 expected useful life as follows: Freehold property. land Not depreciated Freehold property- buildings 2.5% straight line FixtLJres. fittings & equipment IOQ/o straight line TIu5tee5 Report& UnauditEé financial Stiternenls KnightDn Park Gospel Hall Trusi 16 Uec 1025 Page Ioof 18
Notes formlng parrofthe Financial Statements 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 purpose5 in Furtherance of the trust's charitable objects. Restricted funds arise from donation5 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 consolidated financial statements The Charity does not have a trading 5ubsicliary. 1.9 Going Concern The Trustees consider thol there are no material uncertainties about the charity's ability to continue a5 a going concern. 1.10 Significant estimates and judgements The trustees do not consider that there are any Sources of estimation uncertainty at the reportlng date that have a significant risk of c3using a material adjustment to the carrylng 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. Trustees were reimbursed for expenses totaling £23,83512024'. £33,650). 3. WAGES AND SALARIES There are no employees12024: none). Trustees Report& Unaudiied Financlal Statements KnighiDn Park Gospel H311 Trust 16 Dec 20 Page 11 of 18
Notes foimin8 P3rtofthe Iinancial Statements 4. Tangible Fixed Assets Freehold Land & Buildings 1,260,890 Fixtures, Fittings & Equipment Totals At 5 April 2024 167,675 1,428,565 Additions 3,999 3,999 Disposals At5Apri12025 1,260,890 171,673 1.432,563 At 5 April 2024 645,820 162.270 808,090 Current year depreciation 23,365 1,369 24,734 Eliminated on disposals At 5 April 2025 669,185 163,639 832.825 At 5 April 2025 591,705 8,034 599,739 At 5 April 2024 615,070 5,404 620,474 Land registry titles of the above property held are LT65850, LT159337, LT204094, L T237037. 5. TRANSACTIONS WITH RELATED PARTIES There were no donations received from any Trustees or related parties during the financial year12024,. £nill. 6. VOLUNTEERS Knighton Park Gospel Hall Trust relle5 entirely on volunteers to carry out the management, administration and general maintenance work. The Trust has no paid staff or paid Trustees. Tru5tee5 Feport& Unaudited Finaniial St3temenls Knighton Park Gospel Hall Trust 16 Dec 2025 Page 12 01
Resources Expended Knighton Park Gospel Hall Trust For the year ended 5 April 2025 7. Resources Expended RUNNING MEETING AOOMS OTHER CHARITABLE ACTIVITIES TOTAL COSTS 2025 TOTALCOSTS 2024 Direct Costs Premises costs- repalrs and maintenance Premises £0sts- heal, light and power relephone Health and Safety Legal and p¥ole5sional Congregation Support Publlc outreach exptnses Special meeting costs Depreciation 7,170 7,170 22,605 17,277 17,277 12,924 403 403 403 6DI 601 3,330 3,330 5,528 4,245 705 188 188 2,260 2,260 1,160 25,042 24,734 24,734 Insurance 3,151 3,151 2,295 Other Expenses Governènce 1,182 1,182 1,205 908 1,205 1,045 76.861 Total DIrt Costs 61,314 18 61,502 Governance costs include £180 Iprior year.. £1801 in respect of independent examiners fee5. Trustee5 Report & Unaudited Financial Statements nighton Park Gospel Hall Trusr 16 Dec 2025 Poge 13 of 18
Analysis of Net Assets- Current year Knighton Park Gospel Hall Trust For the year ended 5 April 2025 8. ANALYSIS OF NET ASSETS BETWEEN FUNDS 8.1 Current Year UIJRESTRICTED FUNDS DESIGNATED FUNOS RESTRICTED FUNDS TOTAL FUNDS 2025 Funds Tanglble Fixed Assets Current Assets 599.739 599,739 20,397 11,8951 20,397 11,8951 Current Liabilities T¢tal Funds 618,241 618,241 TrStee5 Report& Ullaudited Financial SlaleTnent5 Knighton Park Gosppl Hall Trust 16 Dec 2025 Page 140118
Analysis of Net Assets- Prior Year Knighton Park Gospel Hall Trust For the year ended 5 April 2025 8.2 Prioryear UNRE5TIiICTED FUNDS DESIGNATED FUNDS RESTRICTED FUNDS TOTAL Fts$ 2024 Funds Tanglble Flxed Assets Current Assets 62D,474 620,474 19,724 IL.7881 638.411 19,724 11,7881 638,411 Current Liabilitles Total Fund5 Trustee5 Report& Unaudited Financial Statements Knighton Park Gospel Hall Trust 16 2025 Page 15 of18
Movement in Funds- Current Year Knighton Park Gospel Hall Trust For the year ended 5 April 2025 9. Movement in Funds 9.1 Movement in funds. current year UNRESTRICTED FUNDS DESIGNATED FUIIDS RESTMICTED FUNDS TOTAL FUNDS 2025 Movement in Funds Total funds bought forward Incomin% resources Resource5 expended Total fund5 carrled forward 638,411 638,411 41,332 41,332 161,5021 161,5021 618.241 618,241 Tru5tee5 Report & UnadI1d Financial SlaleThent5 Knight0 Park Gosppl Hall Trust 16 Dec 2025 Page 1601 18
Movement in Funds- Prior Year Knighton Park Gospel Hall Trust For the year ended 5 April 2025 9. Movement in Funds 9.2 Movement in funds. Prior year UNRESTRICTED FUNDS DESIGNATED FUNDS RESTRicfED FUNDS TOTAL FUNDS 2024 Movernent in Funds Total fvnds bought forward Incoming resources Resources expended Total funds carrled forward 679,175 300 679,475 35.797 35,797 176,5611 13001 176,5611 638,411 638,411 Trustees Report& Unaudired Financial Sttfements nighton P3rk Gc>spel Hall Tr¥5t 16 Dec 20 Page 17of 18
Comparative Statement of Financial Activities Knighton Park Gospel Hall Trust For the year ended 5 April 2025 UNR£STRICTED FUNDS DESIGNATED FVè4DS flesTRICTED FUNCSS TOTAL FUNDS 3024 Income and endowment5: Donations and Le acies.. Contributions from the Congregation Other Income 33,OOD 33,000 2,566 2,566 Invtstmtnts Interest Recetved 230 230 Total Income ènd endowment5: 35,797 35,797 enditure: Running Meeting Rooms Inote 71 Congregation Support (note 71 Totsl Expenditure,, 72,316 3DO 72,616 4.245 4,245 76,561 300 76,861 Net IncomellExpenditurel 140.7641 13001 141,0641 Net Movement In Funds 140,7G41 13001 141,0641 UNRESTRICTED FUNDS DESIGNATED FUNDS RESTRICTED FUND5 YorAL FVNDS 2024 Reconciliation of funds (note 91 Total Funds bought foNard Net movement in funds 679,17S 140,7641 638,411 300 679,475 13001 141,0641 Total Funds Carried forward 638,411 Trusteés Repor1& Unaudiieé Financi3151aiemen15 Knighton Park Gospel Hall Trust 16 Oet 202S Page ISof18