Waterlooville Gospel Hall Trust
Ch#tty A￿strat￿Tr No: 1159124
R•port ofthetNSteesar
unaudked flnandal 5tateThnts
Year ended 5Nwll 2D23

Waterkn¥llle Gospel HalTrust
Contents
Pa¥
Reference and *ImIn15tr*￿e detalls
Report of the tnjstees
4-7
Independent ￿m[nerfs report
ststementofFinanclalAdiAtks
Bal8nce sheet
io
Notestothethn¥nd•l ststements
11-17

W4t?rlgowlle Gospel HallTrurt
Referen￿ and adminbtrntl¥e lrforrn*knn
Forthe yearended 5Aprll 2023
Chvlw DamE
Waterlooville Gospel HollTrust
R•8lsived ¢hirlty number
1159124
MrT K￿￿ht Ichalrl
Mr K Reynolds-Treasurer
Mrj Spenor- Res*ned on 3151 Oecember 2022
Mr P Woodcock- Re5fdned on 31st December 2022
Mr R Albon. Resl8ned on 315t DeCem￿r 2022
MrA S ReynolJ5- Appoimed on 31st Dtcernber2022
Mr D Tumer-Appolnted on 31st December2022
MrD Stwe-Appointed on 31stDecember 2022
ankers
CAF Bank
25 Klngs Hll A¥enue
Kings Hlll, We1J Malllng
Kent ME194J6
Pthdpal address
8rethren Gospel Hall
liaviht Road
Horndean
Waterk￿lIe
Hampshire
P08 ODR
Ind•pendent ￿ThIn￿
Derbak
Independent Examkners Llmrted
Unk 2 The Broadbrldge Bu51ness Centre
Dellln8 lane
Bosham
West Su55ex
POI8 8NF

Waterhwvile Gospel HaHTrust
Report ofthe truste
Forts*year EfKled 5 Aprfl 2023
The Trustees present their reFXJrt •bn8 wlth the financial statements of the char￿ for the year ended 5 Aprfl Z023. The
financlal Statements are set out on page 9 and 10 and have been prepared In accordance W￿*h the •¢countlng pdlcles and
comply¥Ath theTru5t Deed and Ipplkable ￿w.
stru¢tsYe.w4wnan¢*, rnMwmentandGovernl￿ D(rt￿
The Ch¥ty1s an unlncorporated trust const￿ted by a Deed of Tn* dated S June 1982. most recent￿ amended by Deed of
V¥laVon dated 15 Au8U5t 2014. The T￿￿ was re￿$t￿red with the tharfty Ctynm15$1on for Ewland and Waks on 7 November
2014 under Charlty Re8iStrath?n Number.. 1159124
Re£nknent•nd apWntrMrt of newtystees
The nsmes of the Trustee5 who served duringthe year and slnte the year end are set out on we 3. None of the Trustee% T￿r
any person comected with them. re¢efr￿d any materlal remuneration or expenses from the Charty In the year ended 5 Aprll
202312022: None).
7he Trust Iwerates a Gospel H311 and TrustEÈs are chosen from amow the regular co￿regatIon of the hae. New Trustees are
nornlnated bythe eX￿tIn8 Trustee5 Dr bythe wn8re8ation and must be appolnted by unanlrnous rtsolutknn of the con8re8atk?n.
They are selected accordln8 to their skills and èxperbÈtKe and gre experted to Use both in furtherln8 the oblects of the Charlty.
Checks are made to ensure thE TrustÈes' elwdiblltyto act and IncomlnwTru5tee5 art made awa￿ of their responslbilffjes by the
ex1$￿￿￿T￿ee&, whD ensure that newTrustees readthe Trust Deed and relevartcharlty Commlsslon guldance.
wtd•r n•twortt
Thp Truste¢$ rnalntsln Informal lknk5 wlth 51mllar charftks *lth è ￿tW to poolln8 experlence con51dered usefijl In pursuing the
oble¢ts of the Charfty. The Cnarlty also maintsin5 particukir Ilnks Portsdawn Gospel Hall T￿￿1 land Cowplaln Go$pel Hall
untll 3y12122. ￿me￿￿ed wth Portsdown GHTI, whlch ft shares membets of ￿5 con8re8atlon.
The Trustees have klertffied and revlewed the major r1sks to which the Charty ￿ exposed and confim) that they h￿e
estsbllshed 5Y5temser pr¢Kedures to Manage and m￿[￿atethOse risks.
ObJectbRsaThl alms
The charltsble purp05e5 of the Charity are the •dv¥n¢ement ot the chrI5￿1n reli£v)Tr tor the wbik bÈnefkt, InrJuthn8 by the
carryin8 on of the serwce of God in wlth the Old and New Testsments of the Holy Blble a5 folbwed by those
chr￿transfOrMSn& partof thE w¢dd-wlde fellowshlp krthvn 35 the Plyrnouth Brethren ChrLstian Churth Ithe'Brethren"l and any
other charftsble purposes c¢nnetted wlth Brethren. The core doEtrlne ot the 8rethren arKI proper prxuces In furtherance of
certaln aspEdS of d¢xtrfne ore surnmarlsed In ts¥oschedules totheTnisi Deed.
Publkbenefft
The Trustees confimi that they have complled wlth thelr duty under secuon 4 of the Chafftles Act 2011 to have due re8ard lo
the CharityComrntssi&n'$ 8¢neral guldanceto char5tles on p￿11¢ benefft.

w*ed¢¢ville Gospel HallTrust
Reportof thetrustees
Fortheye¥ ended 5 Aprll 2023
In aclF•ttlesand atPde¥•m*
The Trntt provNJe5 and rnaintains a Gospel hall where rell8k)u5 meetlngs are held by the local Brethren communlty. Det2ils of
the origin5, teochln85 and way of Ime of the Brethen can be found on the webske-
ulhbret
ChrIst￿nch￿rth.
and In the xhedule5to theTrust Deed.
Durkn8 the finènclal year the Trustees concluded that 2 of the go5￿1 halls owned hy watèrth￿le Gospd Hall Trust shouhl be
donated to P￿Sdt>Wn Gospel Hall Trust lan affiliated trust) for NIL conslderation pursuant to the power contained kn clause
2.2101 of the Trust DEed. a5 they cons*lered ￿ wwld be In the best irterests of the cowre8atlon ff the mona8ement and
adrnlnlstratkin of g05pel hallswas CC￿011dated.Th• donation completed Dn 3151 December 2022.
TheTnJ5Ys maln achlevementthls yéar has been to ￿rryout reartfve repalrsto properti•x
The tr￿tee$ hove a150 operated an Emer8en¢y Need5 fund for the durdtlon of the coronavlru5 ￿n￿em￿ and any resultant
economlc downturrn Th15 ￿ provkln8 lIm￿ed fin•n¢ial 4s515tance by the way DI grocery vouchers to household5, who have
eyrlenced a re¢ent s*nthcant deuease In In¢ome due to the pandEmk. such that it Is Ilkety ts Imp•¢t the health
afidlor welfare of mÈmbers olthe h￿￿hold. The trust has appolnted a Lotal WElfarE Panel to manage the applicatlon prLKe5S
and to admlnlsteithpbvucher5 to qualifylnq appllrants.
The Trustdonatesfaod e¥Èry weekto waterfo0￿11¢ Fwd B￿k-a registered charltylnumber 10438691 support5famlie5
from lots of differentwalksof Ilfethat havefound themsefve5 In hard times.
pla￿ perlod5
Desplte the Increased cost of energy. the trustees feel that these InErea5ed CDsts are not sIgthC*￿ on the oblllty of
the tharltyto continue as a 8olng concern.
Mtttln
Meeting5 he￿ at the Gospel halls would [￿n￿allY Include the Lord's Supper lcommun1￿1, fjosptl Pfeachkny. ￿ble readlr
and BiNe addresses. There Is a structured wèekly schedule of meetlny and. dependln8 Qn the p)rticui4rmeetln¥ kJcatkJn.
betwttn 30￿d 7th) people normalty•ttend these occaslons.
The meellng5 are attended by the re8ularwigrtgatlon and mostare open to other proFerlydtsposed ￿$￿￿¥5. The nOt￿e board
out51de thE Hall welcornesv15f(ors and dlsploys tk* tlmes of Gospel prEachlry. alongwth a tdephone numbErforthose seekln8
fvrther Informallon or hElp. Gospel tracts whlch are dtstrlbuted bystreet preachers. also dlsplay thts Informatlon.
Bible5 and an extensfve range of other Christsan readlng m•terial are on d￿plaY at the mèln hall and Y￿(torS are free to help
themselves.
th• 6tsspd Messay and th• Ilf•of* Thr15tl¥n
The Gospel hall Is a b/se from whlth the regular coniregatlon and others who thnd the are encour3ged to spread
the chrlsli￿ Gospel, ￿ word and deed.

Waterfoovllle G05Fel HallTrust
Report of thetru5tee5
Forthe year ended 5 Aprfl 2023
Mernbers ol the COn8re8at￿n Part￿pate In a proyamme of street prÈathlng and Gospel tracts Ire prn￿ded ftqe of char8e by
the chal￿t0 su¢h preacher5 to be handed outto ITrterested members of the publlc.
In 3thJltp)n toslreet preathI￿ rnernbEfs ofthe work wth R•pid Rel￿f Tearn-a separnte reostered charlty-whSch delr¥er5
hope and rellef to peoplE acrossthe gk)be. Whetherlt befftre.flood or humanitarlan need, RRT expands thetr support servl
to meet the need at hand. See rnore here https Jlrrtglobal.orgl8b/
In carrylnB oLrtth￿ worK the ¢ongreg•tknn consklers Itself to be Ilvkn8 out Its ￿th in prartke. as p¥ti¢ulariv exemplffied In the
fdlowlng éxtractfr¢)m the schedule tothe Twst Deed on lfvlnga Chr15tl3n life..
We seek and are encour38ed to Irle exemplary IW ID all our re13thx5hips others in the wtdtr commun
lkndudlnKformer Brethren). in ac¢prd•n¢e wlth theteachlng5 of HotyScripture11 2-21.
We regdarly go D￿froM our homes to weach on the5tree￿ to dlstrlbute Chrlstlèn Ilterature and engage with the
der CDmrnunity lincludlng former Brethren) In order to present eternal safvatth. avallable to all men by falth In
Jesus ChrfsL12 nm 4..21.
We seek as members of the publk to Chrlstlin lfves as husbands ar￿ vAve5, pr¢nts, children. emplDyers.
employees and nelghbour5. 3..22-25, Col 4..11.
The preservat[￿ and protethon of the famrty Is fundamental and children are prfzed as a bles51w from fjod.
IPsalm 127..341. The elderty are valued members of the community. for %thom both their famlty and the wkkr
cornmunrtyare expected tocare.
Holy Scripture ￿m￿ndS us to be geod nelghbours to others, and deal wfth Ill oth•r p•opk lkndudlw former
Brtthrffil open￿, honesty and faldy and conslstent wf(h these princip1*5. ￿ shoukl tye our tlme, tslents and
mtsney to assl$t those In r￿ed ITr the ￿der communlty. in $0 fèr 4$ iwonabk our ab11￿￿S and our avallaile
re$thJrees. (Matt 7..12, Matt 22.39, Eph4..281.
Fundl
Fundkng ￿ souiht throu¥h 4ift5 from t￿ cowregatfv)n and is dèlrnèd ofi tllzlble donaitan& Furnling L% sometlme5
rece￿ed from othercharftable tru5tswith ¢omplementsry oblectfve5.
FInan￿lI M¥l•w
Nmndal poslllo
the ye¥ ended 5 Apr612023, the Trust had a dendt of £817￿5 ￿coMIng resources Lwer resources expended, whlth was
m•inly due ty non-cash expenses Such a5 donatlDn Df two Gospel Halls and depreciatloTr. Total vduntary Income recefved th
year kncreased s18nfficantty. thlsyear it was £92,241 compared to£49.389 In the wevk>us year.
All fvnds held were unrestrfrted funds.

Wat•rfoovllie Gospel H•llTru5t
y*arended 5 Aprll 2023
The Trust*•5 have con51dered the level of reserves they wlsh to retsln. &P￿P￿ate ￿ thè charws needs. b￿d on tts $12e and
the lev•1 of It5 flnandal commltmtnts. The Trust has no employees amd hs regul¥ wWin85 * ffwnlm•l. Accordin8ly* th•
Trustees have decld•d to adopt a pollcy of a reserye of £SO.tm p0551ble. The ¢th)Kre4atlon15 kept feBulartv
informed as to partkutar needs for fijnds. and other rethTht matter5 and th¢ Trust•e5 alm to ensur• Ih•t the J￿rIty wll be
4We to tontinue to fvlfil Its Charrtab￿ Object￿*S even If there Is 8 temporary shortf•W in Income or un•p¥od¢d ey4benkn.
r4i5in¥ • fvnds appeal to the congrei•tlDn.
Ffee resep*es •t the end were £370,049, Thls Ihdudes £288,109 irb th• Gold account from k8ary and sale ol property.
wtmth Is held l) re5erye forcapital expendlture.
TheTntsiees responslble for prepartn8the Repfftcfthe Tfu5tees •nd thelnanclal Statements In a(C(wd￿ ¥Ath applk*e
Iiw and Vnw Klngd¢rn At¢ountln# Stsndards Iunlted Kiry¥dom GeneralyI￿ePte￿kn0urtthI Pr*icel.
The lèw to In Eft8￿nd and Wale5, the Ch4rlti•s Aa 2011. Ch•rty IArcounts *d Reports) RedWati)ns the
5kn5 of the Tnjst Deed requlre the Trustees to Fxepare flnanclal ststemeThts for each ftn•nclal a true and
f•ir ￿eW of the state of aff3lrs of the Chaty and ol the irKoTr￿r* reswrces ard app15cgtion of resour¢es, In¢ludln8 the In¢L￿ne
d expendtturt. otthe Chwktyfor that wk*J. lfi FYyw¥th05e fi￿r￿la1 stBtements. theTwstees are re4Ldredto.'
5elett sult•blo accountln8 pollcles?tW then aFylythem eor*l#wty,
obsErve the metlKhJs and prlncwle5 kn the CharitySORP..
Thakefvd8em¢fits and eSUm￿¢stbat Ire reasonabk and prLKIEftt,'
prepore the flTr•r*ral statements on ￿ 804ng ¢¥nrern tsa￿5 un1ts5 It Is inapproprl•te to presumeth3t the d4rlty
11 wntinue In buslness.
Th• Trustees ire rest￿$1)Ie for keeplw Proper accountlng records whlch dlxlose wlth reax4n•ble •¢ any ikne the
nanc￿1 rpjsltkn of the Charfty and en•ble them to ensurethal thÈ IlThandal st•t•ménts cornpty vthhiheCharld•s Pd2011. t
Charlty IAc(ount5 aftd Reports) Re8ulatlons the wov151onsof the Tntst Deed. TheyarE ako re5POAslble ftst $•feSL￿rdIn8 the
assets of the Charity and hefi￿ for tsklrq reasonable step5 for tt* prv4entlon ar#1 (kn¢tkth of fr•ud aAd other Irre¥uLarltie5. Al
On beh•lf of the BDard:...
i * 1.11.1.23............
Mr K R•r￿Tr¥5tee

## **Waterlooville Gospel Hall Trust** 

**Independent examiner's report to the trustees Report of the trustees** 

**I report to the trustees on my examination of the accounts of the Waterlooville Gospel Hall Trust for the year ended 5th April 2023.** 

## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** 

**The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').** 

**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 145(5)(b) of the Act.** 

## **BASIS OF THE INDEPENDENT EXAMINER'S REPORT** 

**My examination was carried out 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:** 

**1 Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or** 

- **2 The accounts do not accord with those records; or** 

- **3** 

**The accounts do not comply with the applicable 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 view' 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 examination to which attention should be drawn in this report In order to enable a proper understanding of the accounts to be reached.** 

**Zita Derbak MMT MTQB Sign: Independent Examiners Limited Unit 2 The Broadbridge Business Centre Date: 15th November 2023 Delling Lane Bosham West Sussex PO18 8NF** 

**8** 



Waterk￿lleG0sPel HallTritst
Report olthEtrustees
Incom•and endowrnert%from:
funth
20
Cortributions from the con8regatlon
Glft A6d dOn￿l￿n$
Ih¢orne tax refvnds
Payroll gi￿￿8
Bank Interest
65,554
20.357
5,089
1,241
2.052
65.554
20,357
5.089
1,241
2.052
19.850
22,034
IW6
T•x•I
ft￿￿1￿8 rnwtTNq roo
Depreciatv)Th
Othertharilable eXpend￿ul•
Donated ser¥kes
F￿£d A55et Donalton
58,507
18.318
$8,507
18,318
IQAIKS
5.514
817.956
29,059
37534
13.350
14.170
5.514
817.956
5&6
Bank charges
iii
96
Independent Ekamther5 Fees
912
912
Tol•l
912 118
91
118
417A25
0 417.825 45MO
417￿5
0 417￿25 45.660
R•(•nrllatllln ￿l￿n￿.
Total funds bmiht forward
L891,061
O L891.061 1,936.721
Tot*1 forw•rd
1073 236
73 236 1891 Q61
Th• no￿ on py 11 to 17 fami pxt of ttr*s• Statem￿ All of the abtyt %1fr￿leS Ire d•s%ed as contkKan8 *nd

Waterloovile Gospel HalTrust
8alanct Sheet
As It5A￿l2013
2022
Fixqd a55pts
Tan8ible fixed assets
534 157
Debtor5'.
fjffl ald w recoverable
Cash at bank and in hand land equlv8kntsl
5,089
365,872
352 283
Creditors.. amount5 fallirydue withln one year..
Loans
Accrua15 and deferred inc41m
912
Net wrrent assets
Tot•1 a55tts181% ¢urr•ntll•bllStl•s
1,073.236
1,89¥061
cred￿0($. amounts falling due after morèthan onèyear..
L¢ans
Nei 855Ets
1073 236
1891061
Unrestrkned Income funds
Re5twlcted funds
1,073236
4891,061
Tof•l unr•sirf¢trd funds
1073 136
891061
The una
finandal statements were approved ind authorlsed for Issue by the Trustee of WaterkThlk Gospel Hal Trust
-.2023 and Si￿ed on theirbehawby..
Mr K Reynolds
Trustee
The note50n pays Ilto 17 fomi partof these￿na￿la1 statémer

Waterkxvdle Gospel H41 Trust
Note5 tothethnandal 5tstements
Report of the tntstees
ACCOUn￿n8 ptrlicie5
Basls of fiTranclal ststemer
The ffinanckl ststemÈnts have been prepared in accordan¢e vAth Accountin8 and Reportln8 by Charltles: Second
edition of the St#Èment of Recommended Practlce applluble to tharikne5 preparin8 thelr a¢¢ounts In accordanee
wlth the FknèTrcial Reporting Stsndard appllcable in thè VK and Republic of Ireland IFRS 1021 ￿5Ved In OttDbÉr
2019. the FInanc￿l Reporting 5tand)rd applicable in the Unrted ￿nsdoM and RepublK of Ireland IFRS 1021, and UK
GenerallYAC￿Pted Prartke.
The fvndonèl curreDwof the charw Is st•rhn81£1.
The Trust meets the definltlon of a publlc benefit e￿￿tyUnder FR5 102. Assets and Ilabllkies are Inltlalty recogn15ed
at hlstorlc•l Eo5t ortransactlon wlue unless otherwise 5t*d Inthe r￿•v￿t aC£trjn￿￿8 wlxy nots(sl.
income
Donatknns are rewnlsed In thE year in whlch ther• ts entrtkment and probabl1￿ of recelpt and the amount ran
be measwed with reasonablè tertainty. Incorne Is oniv deferred wjhèn thè tharlty has to fij￿1 condttk)ns before
becomlng ent￿led to it or where the donor has spe¢tfi*d that the inrome is to be expended in a I￿￿re year. Gift
aid Is added tothe value ofthe dOr￿t￿n ts whith Ot relat•5.
Donated servlces are pecognlsed as income and eXPend￿r• In the fina￿￿1 statements wh•Th organlsatlons or
indivlduals offer their services and support pro bono. The value of these donated Se￿te$ to WaterloDviIIE GospÈl
Hall Trust Is considered to be equ•l to market v￿ue wh*h w0￿d be paid were the servke ft+rmalty procured. Thls
Includes servlces pakl for by othertrusts.
Investment IncomE L% accLwJntedforon a recefvable basls.
ExpendthrÈ
Expend6tiire 15 Included on an accrua15 ba$15. Uabllities are rew8nised a5 soon as therE 15 a leg•1 gr wnstructh
obllg*bn wmmlttin8 the eharltyto pay out rE5our￿.
Charttableactfvmes tompr15e th￿¢ Ei)5ts dlrecdythbutabl• tpthefu￿lrneTht olthe charltsblv objects.
fjpvernan￿ and support ¢05ts
Support costs have been alkK*ed btheen 8o¥emance costs and other 5UPPOrt tos15. GovernaKe tosts comprlse
all costs invol¥ln8 the publk accountabllrty ¢f the charlty and £￿ts rdated to st¥iutory requ*ements. GovernatKe
and support¢05t5 are allocated to thafftable a¢tivitles onthe bèsisef capadtyused.
li

Waterloo￿￿?605wl Hall Tntst
Notes tt*the fiNftraa stttsmenty
Rewt ofthe trusttes
T￿1)1* assetsarxl d*We¢￿Tr
T•e fr￿￿ assets cos￿￿ more th•n £1.500 are 51ated ￿ cost less deprecllkn. Freehold land is not
dewttlated. Depredatlon Is prn￿ded at rates ukulbted to wrfte off ihe cosL ltsststlmated re￿d￿)lYa￿e, of eath
swo¥er h5 experted I￿¢fUl I￿e as folbws:
Frevhold bulldlnis
F￿ule5 and F￿n￿
2%stralaht
IO% straltht Ilne
T￿atKIn
The Twust ts • r•4tstefed dAr￿Y r•X Mable to ￿l¥AdDM ￿COMe or CCfPDTaUon tax on charltsble
tfvIt￿ prtr4W IrfftfAs wthknthe ch7rit•ble WmptIo￿ and Is spent oncharttablB Puryoses.
Furx
The 8ener•l unr¢strkt&l knd Is free for the Trttstee5 to use for any pvrposes In fwth¢rYu af tr* tru5V5
The desl8nated fvnds are Unr•ltrl¢￿ fvnds set a51de fof ¥*cffic pwp05es atthe ¢kntion ofthe trust•es. There
one unrestrf¢ted desl8nat•d fund that ¥R5 es¢•bli%hed ty the trustees in the prevk)u5 flnanrial ￿r. the
Emergency Needs Fund, whith created to pr¢y¢*le Imlted ￿$1S￿r￿e by the wdy of 8rocery ¥th￿her5
to hwseholds, who h•¥e expeder*ed a reunt•Dd s*ntficant dem$¢ In Inc(one due ￿the wdeml¢ suth thrttt
151*etytD Wnp￿Ofttht he•lth ￿￿Or￿elF*t ofmembers ofth• housetrdd.
R￿trkt￿ arke frcffi don•iknns tothe trusL whth ¥re rn￿8 for • $p•cthc wrposè. Re￿rICted funds ¢an onty
bt wdforthe purp05elorwhlch fund5wer•Bwen.
Prewratk>n of (on5oMdated finin¢W ststements
The Qharlty does not h•%t8 tr4dlw subsldO•ry.
fjolng corK•rn
The Tn￿te5 con51dÈr that there •rt no m•t•rlal wi¢ert•hts about th* ¢h•rttys ablllty to c￿tInUe 35 a
i.io
Th•trwtee5 do Th)tcffjnsiderthatthere art •ny sources of estimaiion uncertalnty atthe reportlnid*eth* have
s*nifKwt th of Uu$1￿ a materhl adjustment to the wryyng amounts of assets and ¥wbllkie5 the nExt
reportin8 p¢rlod.
12

WiterIo￿lIe Gospel Hall Trust
Notes tothe finandal statements
Report ofthe tntstees
Trustee< remunerakn ar￿ #Xper￿
No Trustees, or related partRs recehed any remunerntkin oi other beneffts from an emptynent ￿th the char￿Y
and noTNStees were relmbursed forexpenses (2022: None).
Waue5and salarles
Thereare no empknyees In 202312022.. nC+rnel.
oneRecelvedf20Z2.. ft4oneJ
2023
2022
Portsdown Gospel Hall TrusL
COW￿•1n Trust
5,514
1,789
,381
2022
Donatlcns and Gwts
Repalrs arKI Malntenance
Insurance
Ltghtand heat
Tekphone
Deprec5ètk)n
Legal and professlonal costs
Flxed Asset tlonatlon
Donated se￿￿e5
Support ¢osts
Covld Test klts
Govern•n¢t
Independent Emamkners Fee5
Ra5* Funds
Bank ¢harBes
,8￿ 10.8C
31.928
3.026
13,350
7A71
2,828
14.819
979
37,534
1962
31,928
3,026
12
998
18,318
4.372
817,956
5.514
998
18,318
4,372
817,956
5,514
18J71
18,171
912
912
888
iii
iii
96
10 8(Kl 912 118
13

WatsdooWlkGospel HallTrutt
Notestothe hnancial statements
Report oftheirustees
Tan8lble Fknl A%ets
Furnltrjre.
lJxture5 &
Pro￿rtY and
Athirblshm•nt
Broughtforw¥d at
06.Apr-22
Addttk)ns
DIsp05al IDonatlon of 2 Gospd Ha1151
1*22,098
2.4TI
-958,548
10.928
2.828
.L803
1.833x126
5,305
.960.351
At5 Aprfl 2Q13
Broughtforward at
06-Apr-22
Chaffje forthe ye
Dlsposal ¢Dona￿on of l Gospel Hallsl
293,656
17287
.14L652
5.214
1.030
-742
298,870
18,317
-142,394
A15 WI 2023
169
174 793
14etbDokvalue
At SAprfl 2023
703 187
At 5P•ra 2022
1534 157
Land rEWStryth￿S olthe above pro￿rt￿$ heW at 5th of Aprll 2023 is HP449353.
Land re¥istrytltk5 of the abov• pr¢pertks dcn7ted on the 31stof Dec 2022 are HP467419. HP796526.
AnalY￿s01n•t&5￿tsb*tWl*ThfvDd$
7.1
Unyestrltted
rotsl
funds
Ta￿lblefNed assets
Current assets
Current Ilabllltles
703.187
370.961
-912
703.187
370,961
-912
Total fur
1073 236
1073 236
14

WaterloovlleGospel Hall TrLLSt
Notestothe Inan¢lal rtatements
Report of thetrustees
Unrestrfcted
Rertrlcled
fvnth
TDlal
nds
Tan11￿e￿xed assets
Current assets
Current liobllltle5
I.W.1S7
357.792
1,534.157
357.792
Total lunds
1891061
1892 061
m￿￿Me￿In funds
&1
Current
rn4lhed Transfws
Inrr*mlrq Re￿UrteS 411￿1nd ber*wn Bal*tÈat
¥Jd5 SA￿1
SAprf12022
Restrfcted funds
Unre5tr1cted generalfunds
Unre51rfcted de518nated fund$
IA92,261
-1,200
94.293 -912,118
-1,200 1.073.236
L200
Totsl funds
fAi
nwllF¢d Tr•rthfe
IW•M1￿ R•styJtt•s 8aln5and
Bthn(e
6W12021
fwM15 5Awll 2022
Restrlcted fvnds
Unrestrirted generalfunds
UDrestrirted de51gnated funds
1,936,421
37.587
11.850
41,747
-13.350
0 1,892,261
-1,21
Totslfvnds
15

Watsrk)oWleGospel NaMTrust
NolestothefinancM15tsternents
Reportofthe trustEes
rA4rinithisfinan¢iilyear, the folowlrbg trarwcdons t￿k place:
Th4re were no ban transaction5 durir* theyear12022.. Nonel.
Durfw the yearthe Tr￿*t re¢elved uncondhlonal donatlons from tru51ee5 ar￿ ¢Aher related partles totslllng £9,063
12022: dofiations totalled £8.6391.
A payrTLent of £67 pèld to Meon knTrwted for materjals for tar park repalr5. Trustee J speTh￿r Ls a150 a dit*ctor
of Meon Umrted.
There have been no other related party trdn5arliDn$ duthg thLs reportlng perknd that requlre thsdosure12022'.
None).
Uht••
WateADovllle Gaspel Hall Trust rel￿5 entIre￿ on Vol￿teerS to urry the manaprf*n¢ admin15tratlon ar
8enerdl m•ntenan¢e work. The Tn￿t h45 no Pa￿ staff or paIdTrn￿ees.
16

Waterf¢)ovllle Gospel Hall Trust
Note5 tothe fiTrand￿ $tatemerts
Reportof the trustees
li
Cornparatl¥eSt4ternent oFFlmanclal A¢ll
lunds
22
In￿me arxl enduwmentsfrom:
CoMert￿n5
Contribudoftsfrom the wngregation
Contribufjons from Portsmouth Meeting Rthjm
Glft donatlon5
Incorne taK refunds
Don•t*d semces
Payroll8fvln8
19,850
19,850
2Z.034
5.509
1,996
L996
Bank InterEst
Totsl
Runnlng Meet1￿ rooms
Depre(k7tion
Other eharitablt eNpendlture
Cost of donated5erylces
29,059
37.534
13,350
14,170
29,OS9
37,534
13,350
14,170
Loan Interest and bankcharye5
96
Independent Examlners Fees
Tot•1
Nttln¢•rn•ll•xpendltur•l
45.660
45,660
Ins/l1055e51 on revalu8tk¥n Df Ilxed assets
Net Infunds
45,66¢
45.660
Ret4ndllatloN olfurbrfs:
Total funds lwoughtfo￿Rrd
1,936.721
0 1,936.721
Totsl lund5 tarrfedlorw•rd
061
17