REGISTERED CHARITY NUMBER: 1159423 ort of the Trustees and Unaudited Finanaal Statements for the Year ErKled 5 12025 f( ead Road Gos l H211 Ttust Pace Accounlanls Noble House Ealon Road Hemel Hempstead Hertfordshire HP2 7U8
ead Road Gos d Hall Trust Contents of the Finanaal Statements for the Year Ended 5 A il 2025 Page Reference and Adminislralive Details Report of the Trustees Statement of Trustees, Rosponsibilitses Independent Examinels Report Slatemenl of Financial Activities Balance Sheet Notes to the Flnanaal Statements 9 to 14 Detailed Slatemenl of Financial Activthes 15
Hol head Road G05 el Hall Trust Reference for the Year Ended 5 A ril 2025 TRUSTEES R A Blackledge B Pocock L Devenish {resigned 4.12.24) R Blackledge S Plant N Wallach {app(Nnted 4.12.24) PRINCIPAL ADDRESS Meeting Hall Holyhead Road Biclon Shrewsbury Shropshire SY3 8EF REGISTERED CHARITY NUMBER 1159423 INDEPENDENT EXAMINER Pace Accounlants Noble House Eaton Road Hemel Hempstead Hertfordshire HP2 7UB CHAIRMAN R Bl8cWedge TREASURER S Plant BANKERS Lloyds Bank plc 1 Pride Hill Shrewsbury Shropshire SY11DG Page 1
ad Road Gos el Hall Tnjsl -Report of_the frustees for the Year Ended 5 ri12025 The Trustees present their report al(M)g with the financral statements of the Charity lor the year ended 5 April 2025. The financlal slalemenls have been prepared in accordance wth the auntIng policies set out on page 9-11 and comply with the Trust Deed and applicAble law. OBJECTIVES AND ACTIVITIES Oblectlves 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 seNice of God in a(urdance with the Old and New Testaments of the Holy Bible as folk)wed by those Christians fonring part of the wortd4Mde fellowship known as the Plymouth Brethren Christian Church (the "Brethren") and any other tharitable purposes cijnnected with Brethren. The core doctrine of the Brethren and proper practe$ in furtheran of rIaIn aspects of doctrine are summarised in two schedules lo the Tnjsl Deed. Main actlvltles and achlevements The Trust provides and maintains a Gospel hall where religious meetings are held by the local Brethren community- Details of the ortgins, teachings and way of life of the Brethren can be f{nd on the website www.plymouthbrelhrenchristianchurch.org and in the schedules lo the Trust Deed. Meetings Meetings held at the Gospel hall would normally indude the Lord's Supper {Communionl. Gospel preachings, Bible readings 8nd Bible addresses. There is a stnjclured week]y schedule of meetings and, depending on the particular meeting, between 30 and 350 people nomially atterKI these occ8sions. The meetings are attended by the regular congregation and most are open to other properfy disposed visitors. The notice board outside the Hall welcomes visitors and displays the limes of Gospel preachings, along w(th a telephone number for those seeking further infotm2tion or help. Gospel tracts. which are distributed by street preachers, also display this infomalion. Bibles and an extensSve range of other Christian reading material are on display al the hall and visitors are free lo help themSeeS. Spreadlng the Gospel message and the Ilfe of a Christian The Gospel hall is a base from whid) the regular congregation and others who allend the meetings are encouraged lo spread the Christian Gospel, in word and deed. Members of the congregation partiCApale in a programme of street preaching and Gospel tracts are prowded free of charge by the Charity lo such preachers to be handed wt lo interested rrtembers of the putrAic. In carrying out this work. the congregatFon considers itself to be INing out it5 f8ith in practice, as particularty exemplified in the follong extract from the sthedule to the Trust Deed on livtng 8 Christian life.. Wa seek and are encour8ged to live exemplary lives in all our relationships with others in ihe wider community (including former Brethren), in accordance wth the teachings of Holy Suipture {1 Tim 2.2). We regularly go out from our homes lo preach on the streets, to distribute Chrrstian literature and engage Wtth the Tmder community (including former Brethren) in order lo present etemal salvation, available to all men by f211h in Jesus Chiist. {2 Tim 4..2)- We seek as members of the public lo lead Christian lives as husbands and wives, parents, children, employers, employees and neightKJurs. (Col 3..22-25, Col 4..11. The preservation and protection of the family unil is fundamental and children are prized as a blessing from God. (Psalm 127..3-5). The elderty are valued members of the communFly, for whom both their family and the wider Community are expected to care. Holy Scripture commands us to be good nehboUrS lo others, and deal with all other people {including formeT Brolhrenl openly. honestly and fairly and consistent these prinpIes, we should give our time, talents and money to assist those in need in the wder community, in so far as reasonable given our abilities and our available resources. (Matt 7.'12. Matt 22.'39. Eph 4'.28). Page 2
Hof head Road G l Trust Report_of Tru.s.!ees lor the Year Ended 5 A rN 2025 OBJECTIVES AND ACTIVITIES Public benefit The Trustees confirm that they have (x)mplied wslh their duty under section 4 of the Charities Act 2011 10 have due regard lo the Charity Commission's general guhjance to charities on public benefit. ACHIEVEMENTS ANO PERFORMANCE One of the Trust's principal activities that further its objectives is provKling a facility for the coordination of 'outreach' work into the wder community. This report tndudes some of the aclivrties that we have been engaged in during 2024-25. Gospel tracts and literature avallable from the Gospel Hall The Trust mainlaills a stock and display of gospel tracts. literature and Bibles in the foyer of our maln Gospel Hall and this fact is adve.sed on the sign 1xrd al the street entrance. Other Actlvltles The Trust's main achievement Ihis year has been the maintenanct of Gospel Halls for public worship. The trust purchased some land and commenced the IlIding of a new Gospel hall during the year. In addition to street preaching, members of the congre9ation have wothed wth the Rapid Relief Team charity as detailed below.. The Rapid Relief Team is a separate charity that has a local team in Shrewsbury made up from our congregation m8mbers. To widen the scope of activtiy the team cooperate with the neighbouring team in Newiown, Powys. Our main hall is used to store some essential provisions and equipment that would be required if RRT are requested to supwrt the emergency seNices working at an incbdenl nearby. Food packs RRT teams made up of congregational members have distributed family fmd boxes lo sthools, hospitals and care homes and Care Kits were also given out. Further plans for 2025-26 We are planning lo continue the various inilialives in the new period in the new pellod and engage with our local parish council lo identify polenlial areas that we can support in. We will look for opportunities to support additional other local charities that need support from our willing team of volunteers. We will be open lo new suggestions from members of the (xjngregation whith we will review and pul forward for approval al one of the regular trustee meetings. Despite the increased cost of energy, the trustees feel that these increased costs are not signfficanly impacting on the ability of the charity lo continue as a going concem. FINANCIAL REVIEW Principal funding sources Funding is sought through gifts from the congregation and Gift Aid is claimed on eli9ible donations. Funding is sometimes recewed from other charitable trusts wth complementary objectives. Page 3
Hofyhead all TTLtst ort ol the Trustees lor the Y8ar Ended 5 - FINANCIAL REVIEW Reserves policy The Trustees have considered the level of reserves they vAsh lo retain, appropiiale lo the chafills needs, based on ils size and the level of its financial commitments. The Twsl has no employees and ils regular oulgoings are minimal. The Trustees are planning lo build another gospel hall in the area and are increasing reserves lo achieve this. The congregation is kepl regularly informed as lo particular needs for funds. and other relevant matters and the TTUSlees aim lo ensure that Ihe Charity will be ab lo continue lo fulfil ils charitable objectives even if there is a tetnporary shortfall in income or unexFrted expenditure. by raising a funds appeal to the congreg81ion. Free reserves at the year end were £227.18512024'.£Nill. FSnanGial position In the year ended 5 April 2025, the Trust had a surplus of incoming resources over resour expended amounting lo £150.274 12024: £51.0441]. The Tmsl commenced the building of another gospel hall duririg the year. The trust 81so received £200,000 for the sale of some surplus land relating lo the building pmjecl whith reduced the overall cost. Total voluntary InMe CeiVed this year was £206.859 compared to £99,950 in the previous year. I funds held were unrestricted funds. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The Charity is an unincorporated trust constiluled by a Deed of Trust dated 18 June 1982. most recently amended by Deed of Variation dated 12 August 2014. The Trust was registered the Charity Commission for England and Wales on 1 December 2014 under Charily Registration Number 1159423. Recrultment and appointment of new trustees The names of the Twslees who seNed during the year and since the year end are set out on page 1. None of the Trustees, nor any person connected wlh Ihem, receNed any remuneration or expenses frorn the Charity in the year erKled 5 April 2025 {2024= £nil). The Trust operates a Gospel hall ar)d Trustees are chosen from among the regular congregation of the hall. New Trustees are nominated by the existing Trustees or by the congregation arKI must be appointed by unanimous resolution of the congregation. They are selected aCrding lo their skills and eX[rienCe and are expected lo use both in furthering the objects of the Charity- Checks are made lo ensure the Trustees, eligibility to act and incoming TnJslees are made aware of their spOnSIbl1111eS by the existing Trustees, who ensure that new Trustees read the Trust Deed and relevant Challty Commission guidance. Wider network The Trustees m2iniain inform21 links with similar charities with a Mew to Pling experience considered useful in pursuing the objects of the Charity- The trust also maintains particular links with the Sevem Gospel Hall Trust, with which il shares members of its congregation. Rlsk managemenl The Trustees have idents'fied and revieweil the major risks to 1¢h the Charity Is exposed arKt confirm that they have eslablished systems or procedures to manage and mitigate those risks. 17/oi/z Approved by orderoflhe board of trustees on .............-........................... . - and gned on its behalf by- S Plant- Trustee Page 4
ol head Road Gos el Hall Trusl statement of Trustees, Res nsibilities for th& Year Ended S A ri12025 The trustees are responsible for preparing the Trustees. Annual Report 2nd the finana81 slalemenls in accordance with applicable law and Uniled Kingdom Arxounting Standards (United Kingdom Generally A¢p1 Accounting Pracb'cel. The law applicable to charities in England & Wales requires the Iruslees to prepare financial slalements for each financ#al year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial slatemenls, the trustees are required lo: - seled suitable accounting poliaes and then 8PKAy them consislenlly- - obsejve the melhryjs and principles in the Charities SORP {FRS 102)- make judgements and estimates that are reasonable and prudent- stale whether applicable 8ccA)unting standards have been followed, subject to any material departures disclosed and explained in the finanoal stalemenls. prepare the finanaal statements on the going nCern basis unless it is inappropriate to presum8 that th8 charity will continue in operation. The INstees are resKNJnsible for keeping proper a(rounting records that discsose wtlh reasonable aUraCY at any lime the financial position of Ihe charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charitles (Accounts 2nd Reports) Regulations 21yJ8 and the provisions of Ihe trust deod. They are also responsible for safeguarding the assets of the charity and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. Afl Iransaclion5 have been reviewed and approved by iwo trustees. Pagè 5
Inde endent Examinels Re ort to the Trustees of H I head Roa Gos el H 11 Trust I report to the trustees on my examination of the accounts of the Holyhead Road Gospel Hall Trust for the year ended 05 April 2025. 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 Acl,). 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) ofthe Act. BASIS OF THE INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordan wilh the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charty and a comparison of the accounts presented with Ihose 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 thos& 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 wilh the examination giving me cause to believe that in any material respect= 1. Accounting records were not kept in resped 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 wilh the applicable requirements conrning Ihe fomi and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other Ihan any requirement that the accounts give a 'true and fair vievl 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. edtrj Ado Peter Allen Pace Accountants Noble House Eaton Road Hemel Hempstead Hertfordshire HP2 7UB 2,L, 2oLÉ Page 6
Hol head Road Gos el Hall Trust Stslemenl ol FinarKial Actiwlies lor Ihe Year Ended 5 A ri12025 5.4.25 Totsl funds 5.4.24 Total funds Restricted fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 206.859 206.859 99,950 Investment income 1,011 1,011 4,593 Total 207.870 207,870 104.543 EXPENDITURE ON Charitable activities Running Meeting Rooms Depreaalion Other Activities Donated Services 30,948 16,777 300 9.571 30,948 16,777 300 9,571 26,012 15,149 12,338 Total 57.596 57,596 53.499 NET INCOME 150,274 150,274 51,044 RECONCILIATION OF FUNDS Total funds brought forward 1.239.656 1,239,656 1,188,612 TOTAL FUNDS CARRIED FORWARD 1.389,930 1,389,930 1.239,656 The no fimi p&1 of these financaal stalemenls Page 7
Hol ea Balance Sheet ril 2025 5.4.25 Total fvnds 5.4.24 Total funds unfeStrt& fund Restn'cted fund Notes FIXED ASSETS Tangible assels 1,162,745 1.162.745 1.253.938 CURRENT ASSETS Debtors Cash at bank 20,539 208.(X)2 20,539 208,002 1,564 36,885 228,541 228,541 38,449 CREDITORS Amounts falling due vthhin one ye8r (1.356) (1.3561 (52,7311 NET CURRENT ASSETS 227.185 227,185 (14,2821 TOTAL ASSETS LESS CURRENT LIABILITIES 1.389.930 1,389,930 1,239,656 NET ASSETS 1,389.930 1.389.930 1,239,656 FUNOS Unrestricted funds 11 1.389,930 1,239,656 TOTAL FUNDS 1,389,930 1,239,656 The fina cial slalements were approved by the Board of Trustees and authorised for iSSLEe on and were signed on its behalf by. ant- Trustee R Blackledge - Trustee Thè N)tes fom) p8rt of thes8 finan(#81 st8tem8nts Page 8
Hol head Road Gos èl H1 Trusl Notes t the Fin ncial Slalements for the Year Ended 5 A ri12025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial slalemenls have prepared in accordance Tth Accounting and Reporting by Charities= Second edition of the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance Mrith the Financial Reporting Standard applicable in the UK 2nd Republic of Ireland {FRS 102) issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom 2nd Republic of Ireland IFRS 102). and UK Generally Accepted Practice. The functional uJrrency of Ihe charity is sterling {£). The Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or Iransacb'on value unless otherwise slated in the relevant accounting policy note{s). Incorne Donations are recognised in the year in which there is enlitlemenl and probability of receipt and the amount can be measured with reasonable certainty. Income is only deferred when the charity has lo fulfil conditions before becoming enlilled lo il or where the donor has specified that the income is lo be expended in 8 future year. Gift aid is added to the value of the donation to which it rel8tey. Donated $8Nces are recA)gnised as income and expenditure in the finanu81 statements when organisations or individuals offer their seNices and support pro bono. The value of these donated services to Holyhead Road Gospel Hall Trust is considered lo be equal to m2rf(el value which would be paid were the service fomially procured. This indudes Se$ paid for by other Irusls. Investment inc(Nne is accA)unled for on a recervabie basis. Expenditure Expendilltre is induded on an accruals basis. Liabilities are reco3nised as soon as there is a legal or constructive obligation commilling the charity lo pay out resources. Charitable activities LX)mprise those costs directly attribuiable lo the fulfilment of the charilable objects. Grants offered subject lo conditions which have not been met at Ihe year end date are noted as a commitment but not accrued as expenditure. Governance and support costs Supporl costs have been allocated belween govemance cosls and other suppKJrt G05ts. Governance costs comprise all costs involving the public aco)untability of the charity and costs related lo slalutory requirements. Governan and support costs are allocaled to charitable actitieS on the basis of capacity Used. Tanglble fixed assets Tangible fixed assets {Gosting more than £2001 are slated at cost less depreuation. Freehdd land is not depreciated. Depreciation is provided at rates calculated lo write off the cost, lèss estimated residual value, of each asset over its expected useful lif8 as follows.. Freehold Propety 2Yo straight line Plant 2nd Equipment 50/0 Str2ighl line Taxation The Trust is a registered charity and is not liable to United Kingdom income (x)rporation tax on charitable activities. provided income falls within the charitable exemptions and is spent on charllable purposes. Funds The general unreslricled fund is free for the Trustees lo use for any purposes in furtherance of the Irusl's charitable objects. Page 9 continued...
ead Road Gospd Hall Trust Notès to the Financial Stalernenls- continued for the Year Ended 5 ril 2025 ACCOUNTING POUCIES- continued Funds Reslricled funds arise from dallOnS lo the trust. which are made for a specific purpose. Restricted funds can only be used for the purpose for which funds were given. Preparation of consolldated financial statements The Charity d(ks not have a trading subsKliary and there is no requirement lo prepare consolidated accounts Going concern The Tn&stees consider Ihal there are no material uncertainties about the charivs ability lo continue as a going concem. Significant estimates and judgements The trustees do not consider that there are any sources of esbmalion uncertainly al the reporting dale that have a significant risk of Causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period. INVESTMENT INCOME 5.4.25 Total nds 5.4.24 Total funds Unresthcled funds Rèslrided fiJrKIs Deposit account interest 1,011 1.011 4,593 CHARITABLE ACTIVITIES COSTS Grant funding of DiTed Costs Support costs Totals Running Meeting Rooms Depreciatio Other Activities Donated Services 28,586 16,777 2,362 30,948 16,777 300 9,571 9,571 54.934 300 2,362 57.596 Donated SolCos During the year, serviS amounting to Ihe value of £9.57112024 £12,138] were donated to the Sevem Gospel Hall Trust. TRUSTEES. REMUNERATION AND BENEFITS No Trustees received any remuneration or olher beneffts from an employment with the charity. Page 10 ¢>Jnlinued...
Hol Road Gos el 1 Trusl Notes lo the FinanCial_Stalements_..GO for th_e Year Ended 5 April 2025 TRUSTEES. REMUNERATION AND BENEFS- continued Trustees. expenses During the year a Iruslee Mr. Scotl Plant was reimbursed for expenses amounting to £387 (2024- £1881. WAGES AND SALARIES There are no employees {2024: non8)- COMPARATIVES FOR THE STATEMENT OF FIKANCIAL ACTIVITIES unstriCted ftjnd Rèstrictèd fijnd Tot81 ftjnds INCOME AND ENDOWMENTS FROM Donations and legaciès 99.950 99,950 Investmenl income 4,593 4,593 Total 104,543 104,543 EXPENDITURE ON Charitable activities Running Meeting Rooms Depreciation Donated SeNices 26,012 15,149 12.338 26.012 15,149 12,338 Total 53.499 53.499 NET INCOME 51,044 51.044 RECONCILIATION OF FUNDS Total funds brought forward 1.188,612 1,188,612 TOTAL FUNDS CARRIED FORWARD 1.239.656 1,239,656 Page 11 conllnued...
ead Road Gos Hall Twsl Finan ial Slalements- ¢Th*nued lor the Year Ended 5 April 2025 TANGIBLE FIXED ASSETS Freehokj propety Plant and Eqvipmenl Tota15 COST At 6 April 2024 Additions Disposals 1.517,964 117.839 (200,000) 6,876 7,745 1,524,840 125,584 1200,IX)01 At 5 April 2025 1,435,803 14.621 1,450.424 DEPRECIATION Al 6 April 2024 Charge for year 266.407 16.046 4,495 731 270,9)2 16,777 Al 5 April 2025 282.453 5.226 287,679 NET BOOK VALUE Al 5 April 2025 1,153.350 9,395 1,162,745 Al 5 April 2024 1,251.557 2,381 1,253,938 Freehdd property comprises: Bicton {Title Nos SL139330, SL216765 & SL1769341 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 5.4.25 5.4.24 Gift Aid tax recov8rable PrepayTnents 19.094 1,445 1.564 20.539 1.564 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 5.4.25 5.4.24 Other creditors 1.356 52,731 LOANS An analYS of the maturity of loans is given below.. 5.4.25 5.4.24 Amounts falling due vthhin one year on demand.. Other loans 50,000 Page 12 continued...
Hol head Road Gos el H1 Trusl Notes lo the Fanal SlaleFnenls- continued for the Year Ended 5 A ri12025 11. MOVEMENT IN FUNDS Nel movement in funds Al 5.4.25 Al 6.4.24 Unrestricted funds General fund 1,239,656 150,274 1,389,930 TOTAL FUNDS 1,239.656 150.274 1.389,930 Net movement in funds, induded in Ihe aly)ve are as follows: IncomlNJ resources Resources expended Movement in funds Unrestrfcted funds General fund 207.870 {57.5961 150,274 TOTAL FUNDS 207.870 (57.5961 150,274 Comparatives for movement in funds Net movement in fttnds Al 5.4.24 At 6.4.23 Unrestricted funds General fund 1.188,612 51,044 1,239,656 TOTAL FUNDS 1.188.612 51.044 1,239,656 Comparalwe nel nK)vemenl in furmls. induded in the above are as fdlows.. Incominu resour$ Resources expended Movement in funds Unrestricted funds General fund 104,543 (53,499) 51,044 TOTAL FUNDS 104,543 {53,499) 51,044 Pag8 13 ¢ontinued...
Notes lo the Fin8nrial Sialements- ccnttrwjed fi)r the Year Ended 5 ril 2025 11. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 mnths combined posttion is as follows: Net movement in funds Al 5.4.25 Al 6.4.23 Unrestricted funds General fund 1,188,612 201,318 1,389,930 TOTAL FUNDS 1.188,612 201,318 1,389,930 A current year 12 months and prior year 12 nnthS combtned net movement in fvnds, induded in the above are as fdlows.. In)m1J r&sources Movement in fijnds expended Unrestricted funds General fund 312,413 (111.095) 201,318 TOTAL FUNDS 312.413 (111,095) 201,318 12. RELATED PARTY DISCLOSURES During the year a Trustee Mr Rob Blackledge was repaKI a loan that he had made to the Trust amounting to £25,000. This loan was made in 2024 and towards the purd7ase of land lo build a new gospel hall. Aggregate donations to the Trust received from Trustees and Related Parties during the year amounted lo £69,055 {2024.. £5001. 13. VOLUNTEERS Holyhead Road Gospel Hall Tnjsl relies entirely on volunteers to Cary Out the management. administration and general Maintenan work. The Trust has no paid staff or paid Trustees. Page 14