Charlty registration number 1159241
SWAFFHAM GOSPEL HALL TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

SWAFFHAM GOSPEL HALL TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr M Gardner
Mr S Cowley
Mr R Devine
Mr D Fryer
Mr Mark Crawshaw (Chair)
Chair
Mr M Crawshaw
Charity number
1159241
Principal address
Gospel Hall
Horns Corner
Walton Road
Ashill
Norfolk
England
IP25 7AQ
Independent examiner
Solos Chrislophi FCCA
Aston Shaw Limiled
Chartered Certified Accountants
The Union Building, 51-59 Rose Lane
No￿[ch
Norfolk
England
NR11BY
Bankers
Natwest Bank
Peterborough Branch
Cathedral Square
Peterborough
PE1 1XH
Solicitors
Leathes Prior
74 The Close
Nonmich
Norfolk
NR14DR

SWAFFHAM GOSPEL HALL TRUST
CONTENTS
Page
Trustees report
Independent examiner's report
stalemenl of financial aclivilies
Balance sheet
Notes to the financial slalemenls
8-17

SWAFFHAM GOSPEL HALL TRUST
TRUSTEES REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The trustees present their annual report and financial statements for the year ended 5 April 2024.
The financial slatemenls have been prepared in accordance with the accounting policies set out in note 1 of the
notes lo the financial statements and comply wilh Ihe Trust Deed and applicate law.
Objectives and activities
Objectives and alms
The charitable purposes of the Charily are the advancement of the Christian religion for Ihe public benefit, including
by the carrying on of the service of God in accordance with Ihe Old and New Testaments of the Holy Bible as
followed by those Christians forming paFt of the world-wide fellowship known as Ihe Plymoulh Brethren Christian
Church (the "Brelhren.) and any other charitable purposes connected with Brethren. The core doctrine of the
Brelhren and proper practices in furtherance of certain aspects of doctrine are summarised in two schedules lo the
Trust Deed.
Public beneflt
The Trustees confirm that they have complied with Iheir duty under section 4 of the Charities Act 2011 to have due
regard to the Charity Commission's general guidance lo charilies on public benefit.
Maln activities and achievements
The Trust provides and maintains 3 Gospel Halls where religious meetings are held by the local Brethren
community. Details of Ihe origins, teachings and way of life of the Brethren can be found on the website
mouthbrethrenchrislianchurch.or
and in the schedules lo the Trust Deed.
The Trust's main achievemenl this year has been to continuing io open the halls lo Ihe congregation and visitors
and encouraging good works by ihem which benefit Ihe wider community.
The Irustees have aSso operated an Emergency Needs fund for the duration of the coronavirus pandemic and any
resultanl economic downturn. This is providing limiled financial assistance by the way of grocery vouchers lo
households, who have experienced a recent and significant decrease in income due lo the pandemic, such that il is
likely lo impact on Ihe health andlor welfare of members of the household. The trust has appointed a Local Welfare
Panel lo manage the applicalion process and to administer the vouchers to qualifying applicants.
Plans for future periods
Despite the increased cost of energy, the Iruslees feel that Ihese increased costs are nol significantly impacting on
the abiliiy of the charity lo continue as a going concern.
Meetlngs
Meetings held al the Gospel halls would normally include the Lord's Supper (Communion), Gospel preachings,
Bible readings and Bible addresses. There is a structured weekly schedule of meelings and, depending on the
particular meeting, between 40 and 600 people normally attend these occasions.
The meetings are attended by the regular congregation and most are open lo other properly disposed visilors. 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 dislributed by slreet
preachers, also display this information.
Bibles and an extensive range of other Christian reading malerial are on display at Ihe larger hall and visitors are
free to help themselves.

SWAFFHAM GOSPEL HALL TRUST
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Spreadlng the Gospel message and the life of a Chrlstlan
The Gospel halls a base from which the regular congregation and others who attend Ihe meetings are encouraged
to spread the Christian Gospel, in word and deed.
Members of the congregation participate in a programme of street preaching and Gospel tracts are provided free of
charge by the Charity lo such preachers lo be handed out to inleresled members of the public.
In addition lo street preaching, members of the congregation..
Donated a projeclor & sland lo Ihe community centre in Ashill
Donated Bibles to Schools in Ihe local area
Made a donation lo the Mid Norfolk Foodbank
In carrying out this work, the congregation considers itself lo be living out its failh in practice, as particularly
exemplified in the following exlract from the schedule lo the Trusl Deed on living a Christian life..
We seek and are encouraged to live exemplary lives in all our relationships wilh others in the wider
communily (including former Brelhren), in accordan￿ with the leachings of Holy Scripture (l Tim 2.2).
We regularly go out from our homes lo preach on the slreels, to distribute Christian literatlfre and engage
with the wider communiiy (including former Brethren) in order to present elernal salvation, available lo all
men by faith in Jesus Christ.12 Tim 4'.2).
We seek as members of the public lo lead Christian lives as husbands and wives, parents, children.
employers, employees and neighbours. (Col 3'.22-25, Col 4.11.
The preseNation and protection of the family unit is fundamenlal and children are prized as a blessing from
God. (Psalm 127'.3-5). The elderly are valued members of the community, for whom both their family and
the wider community are expected lo care.
Holy Scripture commands us lo be good neighbours to others, and deal wilh all other people {including
former Brethren) openly, honeslly and fairly and consistenl with these principles, we should give OLtr lime,
talenls and money io assist those in need in the wider community, in so far as reasonable given our abilities
and our available resources. (Matt 7'.12, Mall 22=39, Eph 4.'28).
Funding
Funding is sought through gifts from the congregation and Gift Aid is claimed on eligible donations. Funding is
sometimes re￿Ived from other charitable Irusls with complementary objeclives.
Achievements and performance
Flnancial review
FinanGial Position
In the year ended 5 April 2024 the Trusl had a deficil of incoming resources over resources expended of (£417,268).
The cause of this deficit is due lo the transfer of a Gospel Hall. Total voluntary income received this year was
£199,827 compared to £83,364 in the previous year.
One of Ihe Gospel halls has been transferred to Dereham Gospel Hall Trust, a Charity which it maintains particular
links with and shares members of its congregation.
Funds are being saved for future provisions of Gospel halls.

SWAFFHAM GOSPEL HALL TRUST
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Reserves policy
The Trustees have considered Ihe level of reserves they wish lo relain, appropriate to the charity's needs, based on
its size and the level of ils financial commilmenls. The Trust has no employees and ils regular oulgoings are
minimal. Accordingly, Ihe Trustees have decided lo adopt a policy of putting aside funds for futlfre Gospel Halls and
a designaled fund of £450 for congregation support. The congregation is kept regularly informed as lo particular
needs for funds, and other relevant matters and the Trustees aim to ensure Ihal the Charity will be able lo continue
lo fulfil its charitable objectives even if there is a lemporary shortfall in income or unexpected expenditure, by
raising a funds appeal to the congregalion.
Funds are being saved for future provisions of Gospel Halls.
Free reserves at the year end were -£42,184 (deficit) (2023- _£108,623)
Structure, govemance and management
Governing document
The Charity is an unincorporated trust consliluled by a Deed of Trust dated Slh July 2004, most recently amended
by Deed of Varialion dated 151h Augusl 2014. The Irusl was registered with the Charity Commission for England
and Wales on 17th November 2014 under Charity Regislralion Number: 1159241.
Recruitment and appointment of new trustees
The Iruslees who served during the year and up to the date of signature of the financial slatements were..
Mr Michael Gardner
Mr Mark Crawshaw (Chair)
Mr Simon Cowley
Mr Ronald Devine
Mr Dean Fryer
None of the Trustees, nor any person connected wilh them, received any remuneration or expenses from Ihe
Charity in the year ended 5th April 2024 {2023'. £NIL).
The Trusl operales 3 Gospel halls and Trustees are chosen from among Ihe regular congregalion of the halls. New
Trustees are nominated by ihe existing Truslees or by the congregation and must be appoinled by unanimous
resolution of Ihe congregalion. They are selected according to their skills and experience and are expected lo use
both in furlhering the objects of the Charity. Checks are made lo ensure the Trustees, eligibility lo act and incoming
Trustees are made aware of their responsibilities by Ihe existing Trustees, who ensure that new Truslees read the
Trust Deed and relevant Charity Commission guidance.
Organlsational Structure
All major decisions, including those of a financial nature are made by the Board of Trustees al their regular
meetings, which are held al monthly intervals. More minor decisions may be made by individual Trustees in their
particular fields of responsibility.
Michael Gardner is Ihe Treasurer for the Trust.
Wider network
The Truslees mainlain informal links with similar charilies with a view lo pooling experience considered useful in
pursuing the objects of the Charity. The Charity also maintains particular links with Dereham Gospel hall Trust, with
which il shares members of its congregation.

SWAFFHAM GOSPEL HALL TRUST
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Statement of Trustees responsibilities
The Iruslees are responsible for preparing the Trustees Report and the financial slatemenls in accordance with
applicable law and Uniled Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England and Wales requires the trustees lo prepare financial statements for each
financial year which give a true and fair view of the slate of affairs of Ihe charily and of the incoming resources and
applicalion of resources of the charity for that year.
In preparing these financial slalemenls, the trustees are required to..
select suitable accounling policies and then apply them consistently.,
observe the methods and principles in the Charities SORP-
make judgements and eslimates Ih81 are reasonable and prudent.
state whether applicable accounting standards have been followed, subject to any material deparlures disclosed
and explained in the financial slalements., and
prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charity
will continue in operation.
The truslees are responsible for keeping sufficienl accounting record5 that disclose with reasonable accuracy at any
time the financial position of the charity and enable them lo ensure Ihal the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and Ihe provisions of the trust deed. They
are also responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps for the
prevention and detection of fraud and olher irregularities. All transactions have been reviewed and approved by
truslees.
Rlsk Management
The Trustees have identified and reviewed the major risks lo which Ihe Charity is exposed and confirm thal they
have established systems or procedures lo manage and miligale those risks.
Appr
ved by order of the board of Trustees and signed on ils behalf by..
Mr M Gardner
Trustee
Date:....

SWAFFHAM GOSPEL HALL TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SWAFFHAM GOSPEL HALL TRUST
I report to the trustees on my examination of the financial statements of Swafft)am Gospel Hall Trust (the charity) for
the year ended 5 April 2024.
Responsibilitles and basis of report
As the trustees of the charity you are responsible for the preparation of the financial slalemenls in accordance with
the requirements of the Charities Act 2011 {the 2011 Act}.
I report in resp6cI of my examination of th8 charity's financial statements carried out under section 145 of the 2011
Act. In carrying out my examinalion I have followed all the applicable Directions given by the Charity Commission
under section 14515}{b) of the 2011 Act.
Independent examiner's statement
Your allenlion is drawn lo the fact that the charity has prepared financial slalemenls in accordance with Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Slandard applicable
in the UK and Republi¢ of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities: Slalemenl
of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been
withdrawn.
l understand that this has been done in order for financial statements to Pfovide a Irue and fair view in accordance
with Generally Accepted Accounting Pra¢li¢e effective for reporting periods begSnning on or after 1 January 2015.
I have comp18téd my examination. I confirm that no 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 charity as required by section 130 of the 2011 Act., or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of
accounts sel out in the Charities IAccounls 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 conc8rns and have come across no other mallers in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial stalemenls lo be reached.
Sotos Christophi FCCA
Aston Shaw Limited
Chartered Certified Accountants
The Union Building, 51-59 Rose Lane
Notwich
Norfolk
NR1 18Y
England
Dated..
aqliol40?9

SWAFFHAM GOSPEL HALL TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donations and legacies
Inveslments
Other income
199,826
199,826
79,823
79,823
3,541
3,541
Total income
199,827
199,827
83,364
83,364
Expenditure on:
Charitable aclivilies
Other expenditure
103,332
510,323
3,440
106,772
510,323
75,426
2.867
78,293
10
Total expendSture
613,655
3,440
617,095
75,426
2,867
78,293
Net incomellexpenditurel and
movement in funds
(413,828)
(3,440) (417,268)
7,938
<2,867)
5,071
Reconclliation of funds:
Fund balances al 6 April 2023
1,471.843
169,133 1,640,976
1,463,905
172,000 1,635,905
Fund balances at 5 April 2024
1,058,015
165,693 1,223,708
1,471,843
169,133 1,640,976
The slatemenl of financial activities includes all gain5 and losses recognised in the year. All income and expenditure
derive from continuing aclivilies.

SWAFFHAM GOSPEL HALL TRUST
BALANCE SHEET
AS AT5 APRIL 2024
2024
2023
Notes
Fixed assets
Tangible assets
12
1,188,199
1,731,916
Current assets
Debtors
Cash at bank and in hand
13
1,956
156,023
1,178
99,336
157,979
100,514
Creditors: amounts falling due wlthin
one year
14
(34,470)
(40,004)
Nel currenl assets
123,509
60,510
Total assets less current liabllities
1,311,708
1,792,426
Creditors: amounts falling due after
more than one year
15
188,000)
(151,450)
Net assets
1,223,708
1,640,976
Income funds
Reslricled funds
Unreslricled funds
Designated funds
General unrestricted funds
16
165,693
169,133
17
450
1,057,565
1,875
1,469,968
1,058,015
1,471,843
1,223,708
1,640,976
The financial statements were approved by the Board of Trustees and aulhorised for issue on
and were signed on ils behalf by..
Mr M Gardner
Trustee
Mr Mark Crawshaw (Chair)
Trustee

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policles
Charity information
Swaffliam Gospel Hall Trust is a unincorporated charity conlrolled by a deed of trust.
1.1 Accounting conventlon
The financi31 statements have been prepared in accordance with the charity's governing documenl, the
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland.
fFRS 102°) and the Charities SORP "Accounling and Reporting by Charities.. Slalemenl of Recommended
Practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). The charity is a Public
Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities nol to prepare a Statemenl of
Cash Flows.
The financial Statements have departed from the Charities (Accounts and Reports) Regulalions 2008 only lo
the extent required lo provide a true and fair view. This departure has involved following the Slatemenl of
Recommended Practi￿ for charities applying FRS 102 ralher than the version of the Statement of
Recommended Practice which is referred to in the Regulations bul which has since been wilhdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charily. Monetary
amounts in these financial slatemenls are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of freehold properties and lo include inveslmenl properties and certain financial instruments al fair
valuel. The principal accounling policies adopted are set out below.
1.2 Golng concern
At the lime of approving the financial slatemenls, the trustees have a reasonable expectation that the charily
has adequate resour￿$ to continue in operational existence for the foreseeable future. Thus the truslees
continue to adopt Ihe going concern basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charilable
objectives.
During the previous year, the charity received £5,100 which was designated lo provide congregation support.
The broughl fonmard balance as at the 6 April 2023 was £1,875. £1,425 of this amount was spent during the
year towards support leaving £450 to be spent in the coming financial year.
Restricted funds are subject lo specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of the reslricled funds are sel out in the noles lo the financial statements.
Endowment funds are subject to specifio conditions by donors that the capilal musl be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entilled lo il after any performance conditions have been met,
the amounts can be measured reliably, and il is probable that income will be received.
Cash donalions are recognised on receipl. Other donalions are recognised once the charily has been notified
of the donation, unless performance conditions require deferral of Ihe amount. Income lax recoverable in
relation to don2lions received under Gift Aid or deeds of covenant is recognised al the lime of the donation.

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
(Continued)
Legacies are recognised on re￿Ipt or othe￿iSe if the charily has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in selllemenl, and the amount of
Ihe obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the lotal of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single
aclivity are allocated directly to that activily. Shared costs which contribute to more than one aclivily and
support costs which are not allributable lo a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spenl. and
deprecialion charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequenlly measured at cost or valualion, net of
depreciation and any impaimienl losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Property, Ashill
3 Castle Acre Road, Swaffliam
Plant and Machinery
Computer equipment
New building, Sporle Road
Property, Hale Road
20A on cost
2% on cost
25 % on reducing balance
250/0 on cost
20/0 on cost
20A on cosl
Freehold land is not depreciated.
The gain or loss arising on the disposal of an assel is determined as the difference betweén the sale proceeds
and the carrying value of the asset, and is recognised in the stalement of financial activities.
1.7 Impairment of fixed assets
Al each reporting end dale, the charity reviews the carrying amounts of ils tangible assels to delermine
whether Ihere is any indication that those assets have suffered an impairment loss. If any such indication
exists, Ihe recoverable amount of the asset is estimaled in order to determine the exlenl of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
{Continuedl
1.9 Financial instruments
The charity has elected lo apply the provisions of Seclion 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charily's balance sheet when the charity becomes party to Ihe
contraclual provisions of the inslrumenl.
Financial assets and liabilities are offset, with the nel amounts presenled in the financial stalements, when
Ihere is a legally enforceable right to set off the recognised amounts and there is an intenlion to settle on a net
basis or to realise the asset and sellle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
Iransaclion price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constilutes a financing Iransaction, where the transaction is
measured al Ihe present value of the future re￿iptS discounted at a market rate of interest. Financial assels
dassified as receivable within one year are nol amortised.
Basic financlal liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction pri￿ unless
the arrangement constitutes a financing transaction, where the debt instrument is measured 21 the present
value of the future payments discounled al a market rale of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried al amortised cost, using the effective interest rate method.
Trade creditors are obligalions lo pay for goods or services that have been acquired in the ordinary course of
operalions from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presenled as non-current liabililies. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of flnancial liablllties
Financial liabilities are derecognised when the charily's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cosl of any unused holiday entillemenl is recognised in the period in which the employee's services are
received.
Temiinalion benefits are recognised immediately as an expense when Ihe charity is demonslrably committed
lo lerminate Ihe employment of an employee or to provide termination benefits.
Critical accounting estimates and judgements
In the application of Ihe charity's accounling policies, the Iruslees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities thal are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The eslimales and underlying assLtmptions are reviewed on an ongoing basis. Revisions to accounting
eslimates are recognised in the period in which Ihe estimate is revised where the revision affects only that
period, or in the period of Ihe revision and future periods where the revision affects both current and future
periods.
10-

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Donations and legacies
Unrestricted Unrestricted
funds
funds
2024
2023
Donations
Gift aid
Grants from affiliated trusts
Payroll giving and colleclions
Gift aid donations
162,244
7,676
500
13,676
15,730
49,145
7.997
4,171
18,510.
199,826
79,823
Income from investments
Unrestrlcted Unrestricted
funds
funds
2024
2023
Interesl receivable
Other income
Unrestricted Unrestricted
funds
funds
2024
2023
other income
3,541
11

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Charitable activities
2024
2023
Deprecialion and impairment
Insurance
Light and heat
Telephone
35,828
2,209
5.762
651
34,663
1,931
4,424
619
F il
Sundries
Cleaning
Gospel books
Repairs and maintenance
Professional fees
Rales and water
Accounlancy
Donations
11,404
417
1,287
23,718
4.253
3,104
1,470
1,669
12,180
282
385
9,469
3,468
3,329
1,470
6,073
91,772
78,293
Grant funding of activities (see note 7)
15,000
106,772
78,293
Analysis by fund
Unrestricted funds
Restricled funds
103,332
3,440
75,426
2,867
106,772
78,293
Grants payable
2024
Grants to inslitulions:
Colville Gospel Hall Trusl - Gift to brethren al Lowestoft
15,000
Net movement in funds
2024
2023
The net movement in fijnds is slated after chargingl{crediling}'.
Depreciation of owned tangible fixed assets
Loss on disposal of tangible fixed assets
35,828
510,323
34,663
12-

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Trustees
There were no trustees, remuneration or other benefi15 for Ihe year ended 5th April 2023 nor for the year
ended 5th April 2022.
10 Other expenditure
Unrestricted Unrestricted
funds
funds
2024
2023
Nel loss on disposal of tangible fixed assets
510,323
Donation of Gos
el Halls - Pro
Penhill Bush Lane Etlin
Green
During the financial year the Trustees concluded that one of the gospel halls owned by Swaffliam Gospel Hall
Trust should be donated lo Dereham Gospel Hall Trust (an affiliated trust) for NIL consideration pursuant to
the power contained in clause 2.2(0) of the Trust Deed. as they considered it would be in the best interesls of
the congregation if the management and administration of gospel halls was consolidated. The donation was
completed on 19th March 2024.
Sale of Lo
Cabin - S orle Road
On the 31st January 2024, Ihe log cabin at Sporle Road was sold, cash proceeds of £3,000 was received.
11 Taxatlon
The charity is exempt from taxation on ils activities because all ils income is applied for charitable purposes.
13-

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIALSTATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2024
12 Tanulble flxed a88et5
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Road,
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PropErty
egulpm•nt Sport• Roid
Ro4rt
Raad P•nhill. Bush
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At 6Apdl 2023
Addillons
Disposals
768,913
288.053
6,575
940
1,678
2,072
263,008
3,756
16,230
591,832 1.947.623
5.434
116,2301 1591,8321 1608,0621
At 5Aprfl 2024
768,913
298.053
6,575
2,618
2.072
266,764
1,344.995
D8preclatlon and Impalrnient
At 6Aprtl 2023
Depreciation cmaraed in Ihe year
Elimlnaled in respect of dlsposals
85,372
11.789
4.933
5,961
4,856
430
940
164
207
41
36,821
5.282
2,815
32S
13,1401
79,763
11,836
191.5991
215,707
35,828
194,7391
At SAprfl 2024
97.161
10,894
5,286
1.104
248
42.103
156,796
Carrylng amount
At S Apdl 2024
671,752
287.159
1,209
1,514
1,B24
224,661
1.188,199
At 5 April 2023
683,541
293,120
1.719
1,865
226,1B7
13.415
512.069 1,731.916
14-

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
12 Tangible fixed assets
(Continued)
Included in cost or valualion of land and buildings is freehold land of £179,452 {2022 - £179,452) which is not
depreciated.
Land Regislry Title Numbers..
Property, Walton Road, Ashill- NK87982
Property, Hale Road, Necton- NK202258
Property, 3 Castle Acre Road, Swaffham, PE37 7HS- NK88137
Pro
Penhill Bush Lane Etlin
Green
During the financial year the Trustees concluded that one of the gospel halls owned by Swaffliam Gospel Hall
Trust shoLfld be donated to Dereham Gospel Hall Trust (an affiliated Iruslj for NIL consideration pursuant to
the power contained in clause 2.2{0) of the Trust Deed. as they considered it would be in the best interests of
the congregation if the management and administration of gospel halls was consolidated. The donation was
compleled on 19th March 2024..
Sale of Lo
Cabin - S orle Road
On the 31st January 2024, the log cabin al Sporle Road was sold, cash proceeds of £3,000 was received.
13 Debtors
2024
2023
Amounts falling due withln one year:
Prepayments and accrued income
1,956
1,178
14 Creditors: amounts falling due within one year
2024
2023
Loan from Central GH Trust
Olher creditors
Accrued expenses
33,000
33,000
4,200
2,804
1,470
34,470
40,004
15-

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
15 Creditors: amounts falllng due after more than one year
2024
2023
Loan from Central GH Trust
Other creditors
88,000
121,000
30,450
88,000
151,450
The loan owed to Woodlands Meeling at 5th April 2017 was transferred lo CGHT by an arrangement dated
29th September 2017.
The loan owed lo Mrs Carolyn Ruth Michie {deceased), "Other Creditors above, was donaled to Swaffliam
Gospel Hall Trust as at the 13th November 2023, according to her last will and testament. The balance as at
the 24.10.2023 was £32,200 which was subsequenlly donated to the charily.
16 Restricted funds
The restricted funds of the charity comprise the unexpended balance5 of donation5 and grants held on trust
subject lo specific conditions by donors as lo how they may be used.
At 6 April
2023
Resources
expended
At 5 April
2024
Freehold Property
169,133
(3,440)
165,693
Previous year:
At 6 April Resources
2022
expended
At 5 Aprll
2023
Freehold Propety
172,000
(2,867)
169,133
17 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donalions and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designaled funds which have been sel aside out of unrestricled funds by the trustees for specific purposes.
At 6 April
2023
Incoming
resources
Resources
expended
At 5 April
2024
Congregation support
General funds
1.875
1,469,968
(1,425)
(612.230)
450
1,057,565
199,827
1.471,843
199,827
(613,655)
1.058,015
16-

SWAFFHAM GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
17 Unrestricted funds
(Continued}
Prevlous year:
At 6 April
2022
Incoming Resources
resources
expended
At 5 April
2023
Congregation support
General funds
1,350
1,462,555
5,100
78,264
(4,575)
(70,851)
1,875
1,469,968
1,463,905
83,364
(75,426)
1,471,843
18 Analysls of net assets between funds
Unrestrlcted
funds
2024
Restricted
funds
2024
Totsl
2024
At 5 April 2024:
Tangible assels
Current assetsl(liabilities)
Long term liabilities
1,022,506
123,509
(88,000)
165.693
1,188,199
123,509
(88,000)
1,058,015
165,693
1,223,708
Unrestricted
funds
2023
Restrlcted
funds
2023
Total
2023
At 5 April 2023:
Tangible assets
Current assetsl{liabilities)
Long term liabilities
1,562,783
60,510
(151,450)
169,133
1,731,916
60,510
1151,450)
1,471,843
169.133
1,640,976
19 Related party transactions
The lolal amount of aggregate donations from related parties for Ihe year ended 5th April 2024 was £34,790
(2023.. £27,890).
The total amount of reimbursements to related parties was £NIL (2023.. £1,354.92).
17-