|Pages||||
|---|---|---|---|
||Reference and administrative||details|
|2.-5.|Report ofthe trustees|||
||Independent
examiner's
report|||
||Statement offinancial|activities||
||Balance sheet|||
|9.-13.|Notes to the financial|statements||
|14.|Appendix|||
|Charity name:|Charity name:|The Colville Gospel Hall Trust|The Colville Gospel Hall Trust|
|---|---|---|---|
|Registered|charity number:|1159231||
|Trustees:||Mr Robert|J Evershed|
|||Mr Robert|I Francis|
|||Mr Timothy|Francis|
|||Mr Robert J Hynd (Chair)||
|||Mr Graham|JTemple|
|Treasurer:||Mr Maurice|EC Temple|
|Principal address:||Byron House||
|||Uplands Close||
|||Carlton
Colville||
|||Lowestoft,|Suffolk|
|||NR33 8AD||
|Independentexaminer:||Julian Remmington||
|||4cast||
|||Heritage House||
|||Woodside|Lane|
|||Bell Bar||
|||Herts.||
|||AL96DE||
|Bankers:||Lloyds Bank Pic||
|||47 London|North Road|
|||Lowestoft||
|||Suffolk||
|||NR32 1BL||
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|||||Urlreatrlcted||||
|---|---|---|---|---|---|---|---|
||||Unwstricted|Designated|Restricted|Total Funds|Total Funds|
|||NOTES|Funds|Funds|Funds|2022|2021|
||||2|2|8|2|8|
|Incoming
and endowments|from:|||||||
|Donations
and legacies:||||||||
|Cofiecfions||||||||
|Contributions
from the congregalion|||16,765|24,150||40,915|67,980|
|Gift Aid donations|||34,159|||34,159|9,810|
|Other donations|||581|||581|336|
|Income tsx refundable|||8,540|||8,540|2,453|
|Donated services||||||||
|Payroll giving|||297|||297|475|
|Legacies received||||||||
|Investment
Income and Interest||||||||
|Interest|||29||||70|
|Other Income||||||||
|Grants received||||||||
|Total|||60,371|24,150||84,521|81,124|
|Expendituw
on:||||||||
|Charitable
activities||||||||
|Running ofmeeting
halls|||52,476|||52,476|42,071|
|Wider community
outreach|||||||32|
|Congregation
support||||24,150||24,150|27,750|
|Cost ofdonated
servikms|||6,856|||6,856|3,234|
|Transfers to afliliated trusls||||||||
|Other costs||||||||
|Governance
and support costs||||||||
|Legal &professional
costs|||1,250|||1,250|1,220|
|Health and Safety||||||||
|Independent
Examiner's fee|||828|||828|720|
|Bank charges|||84|||84|81|
|Total|||61,494|24,150||85,644|75,108|
|Net incomel(expenditum)|||1,123|||1,123|6,016|
|Gains/(losses)
on revaluation|offixed assets|||||||
|Net movement
in funds|||1,123|||1,123|6,016|
|Reconcglation
offunds||||||||
|Funds st 6th April 2021|||1,379,178|||1,379,178|1,373,162|
|Total funds at 5th Aprg 2022||8.|1,378,055|||1,378,055|1,379,178|
|||||2022|||2021||
|---|---|---|---|---|---|---|---|---|
||||NOTES||||||
|Fixed assets|||||||||
|Tangible fixed assets|||||1,220,486|||1,243,118|
||||||1,220,486|||1,243,118|
|Current assets|||||||||
|Debtors:|||||||||
|Debtors and|sundry||loans|8,559||2,531|||
|Prepayments|8accrued income|||2,631||1,673|||
|Cash at bank and in hand||||149,760||136,038|||
|||||160,950||140,242|||
|Cunent fiabgltles|||||||||
|Creditors: amounts||falling due within one year:|||||||
|Accruals and|deferred income|||3,381||4,182|||
|||||3,381||4,182|||
|Net current assets|||||157,569|||136,060|
|Total assets less current liabilities|||||1,378,055|||1,379,178|
|Creditors: amounts||falling due aller more than one year:|||||||
|Net assets||||2|1,378,055|6||1,379,178|
|Funds|||||||||
|Unrestricted
income fund|||||1,378,055|||1,379,178|
|Restrkded
funds|||||||||
|Total Funds||||6|1,378,055|2||1,379,178|
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|1.1|Basis offinancial statements|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The financial
statements
have been prepared
in accordance
with the Statement of|Recommended|||Practice:||Accounfing||||and Reporting|||
||by ChariTies preparing
their accounts
in accordance
with the Financial
Reporting
Standard||applicable
in the UK|||||and|Republic of Ireland|||||
||(FRS 102) issued on 16July 2014, and incorporating
update
bugefins
1 and 2, and|the Financial||Reporting|||Standard|||applicable||in the||
||United
Kingdom snd Republic of Ireland (FRS 102)and UK Generally
Accepted Accounting||Prscfice.|||||||||||
||The functional
currency ofthe charity is sterling (6).|||||||||||||
||The Trust meets the definition ofa pubfic benefit entity under FRS 102.Assets and|liabilities are||initially||recognised|||at|historical||cost or||
||transaction
value unless otherwise stated
in the relevant accounting
poficy nots(s).|||||||||||||
|1.2|Income|||||||||||||
||Donations
are recognised
in the year
in which there
is enfitlement
and
probabfilty|of receipt and|||the|amount||csn|be||measured||with|
||reasonable
certainty.
Income is only deferred
when the charily has to fuifil conditions
before becoming|||||enfifisd||to it|or|where the donor||||
||has spedfied that the income Isto be expended
in a future year.
Gift aid is added to|the value ofthe|||dons6on||to|which||it|relates.|||
||Donated services are recognised as income and expenditure
in the finsncial
statements||when|organisations||||or individuals
offsr|||||their|
||services and support
pro bono. Ths value ofthese donated
services to The Colvifie 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|Wats.|||||||
||Investment
income is accounted for on 6receivable basis.|||||||||||||
|1.3|Expenditure|||||||||||||
||Expenditure
is included
on an accruals basis. Liabilities are recognised ss soon as there is||a legal or construcbive
obligation
commfifing|||||||||||
||the charity to pay out resources.|||||||||||||
||Charitable
activities comprise those costs directly attributable
to the fulfilment
ofthe charitable objects.|||||||||||||
|1.4|Governance
and support costs|||||||||||||
||Support costs have been afiocated between
governance
costs and other support costs. Governance||||costs comprise||||ag||costs involving|||
||the public accountabgity
of the charity and costs related to statutory
requirements.|As there are||no staf or|||offices||the||Trustees||have|
||agreed to sfiocste all such costs to Governance
costs.|||||||||||||
|1.5|Tangible fixed assets snd depredation|||||||||||||
||Tangible
fixed assets (costing
more than 6500) are stated at cost less depreciation.|Freehold
Nnd|||is|not depreciated.|||||Depreciation
is|||
||provided at rates calculated to write offthe cost, less estimated
residual
value, ofeach asset over|||its|expected||useful||life||as follows:|||
||Freehold
land
Not depreciated|||||||||||||
||Freehold
bufidings
2%-Straight
line method|||||||||||||
||Temporary
buildings
20%-Straight
lime method|||||||||||||
||Furniture,
fixtures and fittings
10%-Straight line method|||||||||||||
|1.6|Taxation|||||||||||||
||The Trust is a registered
charity and is nol liable to United
Kingdom
income or corporation||tsx on|charitable
activiTies,||||||provided||income||
||falls within the chayitable
exemptions
and is spent on chadtable
purposes.|||||||||||||
|1.7|Funds|||||||||||||
||The general unrestricted
fund is free for the Trustees to use for any purposes
in furtherance||ofthe|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.|||||||||||||
|1.8|Preparation
ofconsolidated
financia statements|||||||||||||
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|Donated services||||||||
|---|---|---|---|---|---|---|---|
|Income|||||2022|2021||
||||||8|8||
|Donated services||||||||
|Expenditure|||||2022
8|2021
f||
|Dulton Gospel Hsfis Trust|||||6,856|3,234||
||||||6,856|3,234||
|Grants received|||||2022|2021||
||||||8|8||
||||||Other|||
|||||Meeting|charitable|||
|Running ofmeeting|halls|||roonls|activities|2022|2021|
||||||6|8|8|
|Repairs and maintenance||ofbuildings||5,575||5,575|3,126|
|Recording
equipment-|replacement||and maintenanoe|||||
|Grounds
maintenance||||3,962||3,962|4,227|
|Light and heat||||8,755||8,755|7,485|
|Water rates||||||||
|Telephone at hall||||800||800|801|
|Conference||||||||
|Insurance-
Public liability||||1,507||1,507|1,266|
|Legal &professional-
specific to halls||||6,827||6,827|35|
|Cleaning,
first-aid and|sundries|||2,418||2,418|2,499|
|Sundry||||||||
|Depreciation-
Freehold|property|||21,281||21,281|21,281|
|Depreciation-
Equipment||||1,351||1,351|1,351|
|Profit/Loss
on sale ofassets||||||||
|||||52,476||52,476|42,071|
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||||Realisedl||
|---|---|---|---|---|
|Balance at|||unreafised||
|6April|Incoming|Resources|gain and|Balance at6|
|2021|resources|expended|losses|Aprg 2022|
|E|E|E|E|E|
||24,150|24,150|||
|1,379,178|60,371|61,494||1,378,055|
|1,379,178|60,371|61,494||1,378,055|
##
|||||||Reagsedi||
|---|---|---|---|---|---|---|---|
|||Balance at||||unrealised||
|||6|Aprg|Incoming|Resources|gain and|Balance at 6|
||||2020|resources|expended|losses|Aprg 2021|
|||6||6|6|6|6|
|Restricted|funds|||||||
|Fund||||||||
|Designated|funds|||27,750|27,750|||
|Unrestricted|funds|1,373,162||53,374|47,358||1,379,178|
|Totalfunds||1,373,162||53,374|47,358||1,379,178|
##
##
|12
Full comparison
ofSt|atem|ent ofFinanc|ial Activities|||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted||TotalFunds|
|||||Unmstricted|Designated|Restricted|2021|
||||NOTES|Funds|Funds|Funds|2|
|||||6|8|2||
|Incoming
and endowments|from:|||||||
|Donations
and legacies:||||||||
|Collections||||||||
|Contributions
from the congregation||||40,230|27,750||67,980|
|Gifl Aid donsfions||||9,810|||9,810|
|Other donations||||336|||336|
|Income tax refundable||||2,453|||2,453|
|Donated services||||||||
|Payrofi giving||||475|||475|
|Legacies received||||||||
|Investment
Income and Interest||||||||
|Interest||||70|||70|
|Otherincome||||||||
|Grants received||||||||
|Total||||53,374|27,750||81,124|
|Expenditure
on:||||||||
|Charitable
activities||||||||
|Running ofmeeting
halls||||42,071|||42,071|
|Wider community
outreach||||32|||32|
|Congregation
support|||||27,750||27,750|
|Cost ofdonstsd ssrvicss||||3,234|||3,234|
|Transfers to afliliated trusts||||||||
|Other costs||||||||
|Governance
and support costs||||||||
|Legal &professional
costs||||1,220|||1,220|
|Health and Safety||||||||
|Independent
Examiner's fee||||720|||720|
|Bank charges||||81|||81|
|Depreciation-
ONce equipment||(Admin)||||||
|Profit/Loss
on sale ofassets||||||||
|Total||||47,358|27,750||75,108|
|Net Income/(expenditure)||||6,016|||6,016|
|Gains/(losses)
on revaluation|offixed assets|||||||
|Net movement
In funds||||6,018|||6,016|
|Reconcglatlon
offunds||||||||
|Total funds brought forward||||1,373,162|||1,373,162|
|Total funds carried forward||||1,379,178|||1,379,178|
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