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2022-04-05-accounts

Trustees Report & Unaudited Financial Statements

Dunham Hill Trust For the year ended 5 April 2022

Contents

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Trustees Report & Unaudited Financial Statements

Legal and Administrative Information

Dunham Hill Trust For the year ended 5 April 2022

Charity Name:

Dunham Hill Trust

Registered Charity Number:

1159239

Trustees:

Mr JA McEwan (Chair) Mr N Simpson Mr N Shaw Mr T Shorto Mr J Newton

Treasurer:

Mr N Simpson

Principle Address:

Elsmere Warrington Road Mickle Trafford Chester Cheshire CH2 4EA

Independent Examiner:

Miss A Groombridge Oldfield Advisory LLP Santis House Curriers Close Coventry CV4 8AW

Accountant:

Oldfield Advisory LLP Santis House Curriers Close Coventry CV4 8AW

Bankers:

Barclays Leicester LE87 2BB

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Trustees Report & Unaudited Financial Statements

Report of the Trustees

Dunham Hill Trust For the year ended 5 April 2022

The trustees present their report along with the financial statements of the Charity for the 5 April 2022. The financial statements have been prepared in accordance with the accounting policies set out on page 11 - 12 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 31 January 2003, most recently amended by Deed of Variation dated 12 August 2014. The trust was registered with the Charity Commission for England and Wales on 17 November 2014 under Charity Registration Number: 1159239

Recruitment and appointment of new Trustees

The Trustees 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 2022.

The Trust operates three Gospel halls and Trustees are chosen from among the regular congregation of the halls. 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 Trustees of similar Trusts with a view to pooling experience considered useful in pursuing the objects of the Trust.

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 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

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.

Details of public benefit activities carried out by Dunham Hill Trust can be found in the separate appendix to this report.

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Trustees Report & Unaudited Financial Statements

Report of the Trustees

Main activities and achievements

The Trust provides and maintains three 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.

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

Other main achievements of the Trust during the period relate to continuing to maintain the Gospel halls during the COVID-19 pandemic and opening the halls for use by the congregation once government restrictions permitted and it was safe to do so.

Plans for future periods

With the commencement of lockdown restrictions in the UK the trust ceased using the Gospel halls It operates. During the financial year, restrictions were eased sufficiently to allow the congregation to use the Gospel halls for the Lord’s Supper (Communion). The use of the rooms was conducted in a manner which always complied with the government guidance, and the trust intends to continue using the rooms when it is safe to do so. The trustees do not consider that the COVID-19 pandemic will have any effect on the ability of the trust to continue as a going concern.

Meetings

Meetings held at the Gospel halls 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 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.

Bibles and an extensive range of other Christian reading material are on display at the halls and visitors are free to help themselves.

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Trustees Report & Unaudited Financial Statements

Report of the Trustees

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 would usually 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. Due to the Covid-19 pandemic this had not been possible previously, but during the financial year the congregation was able to re-commence this activity when it was safe to do so.

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:

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

In the year ended 5 April 2022 the Trust had a modest deficit of incoming resources over resources expended. This is mostly due to non-monetary items such as depreciation.

Total voluntary income received this year was £48,538 compared to £60,787 in the previous year.

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 minimal. However, the Trust is looking to purchase an additional Gospel hall in the future, and accordingly, the Trustees have decided to adopt a policy of accumulating reserves in view of this. The congregation is kept regularly 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 even if there is a temporary shortfall in income or unexpected expenditure, by raising a funds appeal to the congregation.

Free Reserves at the year end were £124,485 ( 2021: £121,980)

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Trustees Report & Unaudited Financial Statements

Report of the Trustees

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 Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed require 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, including the income and expenditure, of the Charity for that period. In preparing those financial statements, the Trustees are required to:

The trustees are responsible for keeping proper accounting records 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 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:

..................................................................................

Mr N Simpson (Trustee)

..............................................................

Date

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Trustees Report & Unaudited Financial Statements

Report of the Independent Examiner

Dunham Hill Trust For the year ended 5 April 2022

I report to the trustees on my examination of the accounts of the Dunham Hill Trust for the year ended 5 April 2022.

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 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.

...................................................................................................

Miss A Groombridge Oldfield Advisory LLP Santis House Curriers Close Coventry CV4 8AW

22 July 2022

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Trustees Report & Unaudited Financial Statements

Statement of Financial Activities

Dunham Hill Trust

For the year ended 5 April 2022

Statement of Financial Activities
Dunham Hill Trust
For the year ended 5 April 2022
Statement of Financial Activities
Dunham Hill Trust
For the year ended 5 April 2022
UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
TOTAL FUNDS
2022
TOTAL FUNDS
2021
Income and endowments:
Donations and Legacies:
Contributions from the Congregation
24,669
-
24,669
27,190
Gift Aid Donations
16,532
-
16,532
18,040
Income Tax refunds
6,587
-
6,587
6,557
Congregation Support
-
750
750
9,000
Total Income and endowments:
47,788
750
48,538
60,787
Expenditure:
Running Meeting Rooms (note 9)
58,123
-
58,123
51,772
Congregation Support (note 9)
-
450
450
8,625
Total Expenditure:
58,123
450
58,573
60,397
Net Income/(Expenditure)
(10,335)
300
(10,035)
389
Net Movement In Funds
(10,335)
300
(10,035)
389
UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
TOTAL FUNDS
2022
TOTAL FUNDS
2021
Reconciliation of funds (note 11)
Total Funds bought forward
1,722,190
375
1,722,565
1,722,176
Net movement in funds
(10,335)
300
(10,035)
389
Total Funds carried forward
1,711,855
675
1,712,530
1,722,565

The notes on page 11 - 18 form part of these financial statements.

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Trustees Report & Unaudited Financial Statements

Balance Sheet

Dunham Hill Trust

As at 5 April 2022

Balance Sheet
Dunham Hill Trust
As at 5 April 2022
2022 2021
Fixed Assets
Tangible assets (note 6) 1,605,045 1,617,585
Total Fixed Assets 1,605,045 1,617,585
Current assets
Prepayments and accrued income 5,758 5,856
Cash at bank and in hand 119,925 117,322
Total Current assets 125,683 123,177
Creditors: amounts falling due withinone year
Accruals and deferred income 1,198 1,198
Total Creditors: amounts falling due within one year 1,198 1,198
Net current assets/(liabilities) 124,485 121,980
Total assets less current liabilities 1,729,530 1,739,565
Creditors: amounts falling due after more than one year
Loans 17,000 17,000
Net Assets 1,712,530 1,722,565
Funds (note 10)
Unrestricted funds 1,712,530 1,722,565
Total Funds 1,712,530 1,722,565

The unaudited financial statements were approved and authorised for issue by the Trustees of Dunham Hill Trust on .........................................and were signed on its behalf by:

.............................................................................................

Mr N Simpson (Trustee)

The notes on pages 11 - 18 form part of these financial statements.

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Trustees Report & Unaudited Financial Statements

Notes forming part of the Financial Statements

Dunham Hill Trust For the year ended 5 April 2022

1. ACCOUNTING POLICIES

1.1 Basis of financial statements

The financial statements 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 (FRS 102) issued on 16 July 2014, and incorporating update bulletins 1 and 2, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally Accepted Accounting 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).

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 Dunham Hill 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.

1.5 Tangible fixed assets and depreciation

Tangible fixed assets (costing more than £100) are stated at cost less depreciation. Freehold land is not depreciated. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:

Freehold buildings 2.5% straight line
Property improvements 2.5% straight line
Fixtures and Fittings 10% reducing balance

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Trustees Report & Unaudited Financial Statements

Notes forming part of the 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 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.

1.8 Preparation of consolidated financial statements

The Charity does not have a trading subsidiary.

1.9 Going Concern

The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. 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. The Trustees do not consider that the Covid-19 pandemic will have any effect on the ability of the trust to continue as a going concern.

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 (2021: none)

3. WAGES AND SALARIES

There are no employees (2021: none)

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Trustees Report & Unaudited Financial Statements

Notes forming part of the Financial Statements

4. Tangible Fixed Assets

Cost Freehold land &
buildings - Hob
Lane
Freehold land &
buildings - Tarvin
Road
Freehold land &
buildings - Church
Road
Fixtures, fittings &
equipment
Total
At 6 April 2021 1,039,697 476,073 281,538 14,001 1,811,309
Additions 20,023 20,023
Disposals
At 5 April 2022 1,039,697 476,073 281,538 34,024 1,831,332
Depreciation
At 6 April 2021 147,282 36,274 5,535 4,633 193,724
Current Year
Depreciation
21,492 6,701 1,614 2,756 32,563
Eliminated on
disposals
At 5 April 2022 168,774 42,975 7,149 7,389 226,287
Net Book Value
At 5 April 2022 870,923 433,098 274,389 26,635 1,605,045
At 5 April 2021 892,415 439,799 276,002 9,369 1,617,585

Land registry titles of the above property held are CH607232, CH256412, CH410929, CH651759.

5. TRANSACTIONS WITH RELATED PARTIES

During the financial year, aggregated donations of £14,332 (2021: £16,065) were received from related parties of the Trustees.

6. VOLUNTEERS

Dunham Hill Trust relies entirely on volunteers to carry out the management, administration and general maintenance work. The Trust has no paid staff or paid Trustees.

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Trustees Report & Unaudited Financial Statements

Resources Expended

Dunham Hill Trust For the year ended 5 April 2022

9. Resources Expended

MEETING ROOMS OTHER
CHARITABLE
ACTIVITIES
TOTAL COSTS
2022
TOTAL COSTS
2021
Direct Costs
Premises costs - repairs and maintenance 3,681 - 3,681 1,715
Premises costs - heat, light and power 15,027 - 15,027 13,439
Telephone 1,166 - 1,166 1,208
Legal and professional 1,505 - 1,505 1,470
Congregation Support - 450 450 8,625
Public outreach expenses 150 - 150 101
Special meeting costs 675 - 675 -
Depreciation 32,563 - 32,563 30,847
Insurance 2,158 - 2,158 1,794
Governance 1,198 - 1,198 1,198
Total Direct Costs 58,123 450 58,573 60,397

Governance costs include £180 (prior year: £180) in respect of independent examiners fees.

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Trustees Report & Unaudited Financial Statements

Analysis of Net Assets - Current year

Dunham Hill Trust

For the year ended 5 April 2022

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS

10.1 Current Year

TOTAL FUNDS 2022
Funds
Tangible Fixed Assets 1,605,045
Current Assets 125,683
Current Liabilities (1,198)
Non Current Liabilities (17,000)
Total Funds 1,712,530

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Trustees Report & Unaudited Financial Statements

Analysis of Net Assets - Prior Year

Dunham Hill Trust

For the year ended 5 April 2022

10.2 Prior Year

TOTAL FUNDS 2021
Funds
Tangible Fixed Assets 1,617,585
Current Assets 123,177
Current Liabilities (1,198)
Non Current Liabilities (17,000)
Total Funds 1,722,565

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Trustees Report & Unaudited Financial Statements

Movement in Funds - Current Year

Dunham Hill Trust For the year ended 5 April 2022

11. Movement in Funds

11.1 Movement in funds - current year

UNRESTRICTED DESIGNATED TOTAL FUNDS
FUNDS FUNDS 2022
Movement in Funds
Total funds bought forward 1,722,190 375 1,722,565
Incoming resources 47,788 750 48,538
Resources expended (58,123) (450) (58,573)
Total funds carried forward 1,711,855 675 1,712,530

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Trustees Report & Unaudited Financial Statements

Movement in Funds - Prior Year

Dunham Hill Trust

For the year ended 5 April 2022

11. Movement in Funds

11.2 Movement in funds - Prior year

UNRESTRICTED DESIGNATED TOTAL FUNDS
FUNDS FUNDS 2021
Movement in Funds
Total funds bought forward 1,722,176 - 1,722,176
Incoming resources 51,787 9,000 60,787
Resources expended (51,772) (8,625) (60,397)
Total funds carried forward 1,722,190 375 1,722,565

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Trustees Report & Unaudited Financial Statements

Comparative Statement of Financial Activities

Dunham Hill Trust

For the year ended 5 April 2022

Comparative Statement of Financial Activities
Dunham Hill Trust
For the year ended 5 April 2022
Comparative Statement of Financial Activities
Dunham Hill Trust
For the year ended 5 April 2022
UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
TOTAL FUNDS
2021
Income and endowments:
Donations and Legacies:
Contributions from the Congregation
27,190
-
27,190
Gift Aid Donations
18,040
-
18,040
Income Tax refunds
6,557
-
6,557
Congregation Support
-
9,000
9,000
Total Income and endowments:
51,787
9,000
60,787
Expenditure:
Running Meeting Rooms (note 9)
51,772
-
51,772
Congregation Support (note 9)
-
8,625
8,625
Total Expenditure:
51,772
8,625
60,397
Net Income/(Expenditure)
14
375
389
Net Movement In Funds
14
375
389
UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
TOTAL FUNDS
2021
Reconciliation of funds (note 11)
Total Funds bought forward
1,722,176
-
1,722,176
Net movement in funds
14
375
389
Total Funds carried forward
1,722,190
375
1,722,565

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Trustees Report & Unaudited Financial Statements

Document Activity Report

Document Sent

Document Approval Status

Approval Activity Summary

Neil Simpson

Tue, 09 Aug 2022 07:50:38 GMT Approved Approved Fri, 12 Aug 2022 08:25:16 GMT

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