Charity Registration No: 1159509 ST. AUSTELL GOSPEL TRUST ort of the Trustees and Unaudited Financial Statements th For the Year Ended 5 A ril 2023
ST. AUSTELL GOSPEL TRUST YEAR ENDED 5" APRIL 2023 CONTENT5 Pages Reference and administrative details Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balance Sheet Note5 to the Financial Statements 9-13
Page I ST. AU5TELL GOSPEL TRUST REFERENCE AND ADMINISTRATIVE DEfAILS FOR THE YEAR ENDED 5- APRIL 2023 CHARITY NAME St. Austell Gospel Trust REGISTERED CHARITY NUMBER 1159509 TRUSTEES Mr. Karl Glazebrook M r. Kenneth A. Glazebrook Mr. Bruce Munn Mr. Nathall Prisgrove Mr. Nigel M. Welch Ichairl TREASURER Mr. Nigel M. Welch PRINCIPAL ADDRESS CIO Mr. Nigel M. Welch 2 Penwithick Road, St. Austell. Cornwall, PL26 8UG INDEPENDENT EXAMINER Keith F. Pavey, Broadoak Accounting Services, 6 The Oaks. Wembdon Rise, Bridgwater, Somerset, TA6 7QL. BANKERS Lloyds Bank P.l.c., Unit 14, White River PLC Shopping Centre, St. Austell, Cornwall, PL25 5AZ. SOLICITORS Coodes LLP., 50licitors, 8 Market Street, St. Akustell, Cornwall, PL25 4BB.
Page 2 ST. AUSTELL GOSPEL TRUST REPORTOFTHE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2023 The Trustees present their Report along with the Financial Statement5 of the Charity for the Year Ended 5, April 2023. The Financial Statements have been prepared in accordance with the accounting policies set out on pages 9 10 and comply with the Trust Deed and applicable law. Structure Governance and Mana ement Governin Document The Charity is controlled by a Deed of Trust, and constitutes an Unincorporated Charity. The St. Austell Gospel Trust is constituted by a Deed of Trust dated 16, April 1982, subsequent amendin8 Deeds, ènd most recently by a Deed of Variation dated 19 August 2014. The Trust was registered with the Charity Commission for England and Wales on 5 December 2014 under Charity Registration Number-. 1159509. Recruitment and A ointment of New Trustees The Trustees who have served during the year and Since the year end are set out on page l. None of the Trustees, nor any person connerted with them, received any remuneration or expenses from the Charity in the Year, nor in the preceding financial year. The Trust operates four 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 selerted 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 Trustee5' eligibility to act and incoming Trustees are made aware of their responsibilities bv the existing Trustees, who ensure that new Trustees read the Trust Deed and relev3nt Charity Commission guidance. Wider Network The Trustees m3intain informal links with Trustee5 of similar Charities with a view to pooling experience considered useful in pursuing the objects of the Charity Risk Mana The Trustees have identified and reviewed the major risks to which the charity is exposed and confirm that they have established systems or procedure5 to manage and rnitigate those risks. ement Ob ettives and activities Ob'ectives and aims The charitable purposes of the Charity are the advancement of the Christian religion forthe public benefrt, 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 know as the Plymouth Brethren Christian Church Ithe 'Brethren"l and any other charitable purposes connected with Brethren. The core doctrine of the Brethren and proper praetices in furtherance of certain aspects of doctrine are summari5ed in two schedules to the Trust Deed. Public benefit The Trustees confirm that they have complied with their duty under sertion 4 of the Charities Art 2011 to have due regard to the Charity Commission's general guidance to charities on public benefit.
Page 3 ST. AUSTELL GOSPEL TRUST REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 5" APRIL2023 CONTINUED Main Activities and achievements The Trust provides and maintains four 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 their website - www. mouthbrethrenchristianchurch.or and in the schedules to the Trust Deed. The Trust's main achievement5 this year have been to repay further amounts of borrowing and to maintain the Gospel Halls for the continuing use of the congregation and visitors. It has a150 encouraged works by the congregation, as described below. The Trustees had also established an Emergency Needs fund for the dvration of the coronavirus pandemic and any resultant economic downturn. This had provided 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 impart on the health and/orwelfare of members of the household. The Trust had appointed a Local Welfare Panel to manage the application process and to administer the voucher5 to qualifying applicants. By the year end the purpose of the fund was regarded as fulfilled and it has therefore been discontinued with the unexpended balance being added back to the General Fund. Meetin Meetings normally held at the Gospel halls include the Lord's Supper Icommunionl, Gospel preachings. Bible readings and Bible addTesses. There is a strurtured weekly schedule of meetings and. depending on the particular meetin& between 30 and 250 people normally attend these occasion5. The meetings are attended by the regular congregation and niost are open to other properly disposed visitors. The notice board outside the Hall welcomes visitors and displays times of Gospel preachings, along with a telephone number for those seeking fLJrther information or help. Gospel tract5. which are di5tribLJted 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 themselve5. With the easing of the previou5 Cc>ronavirus restrictions, the use of the Gospel Halls was largely resumed, subject to ongoing care as to the necessary safety Considerations. readin the Gos el messa e 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 normally participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity to such preachers and to be handed out to interested members of the public. Such preachings previously took place twice a week, and had been curtailed due to the pandernic, but conditlDn5 permitted resumption during the year. on a weekly basis from August 2022. In addition, members of the congregation have undertaken public benefit and outreach work in accord with the Public Benefit Report attached. In carrying out this work, the congregation considers itself to be living out it5 faith in practice. as particularly exemplified in the following extrart from the schedule to the Trust Deed on living a Christian Life:_ We seek and are encouraged to live exemplary lives in all our relationships Wlth others in the wider community (including former Brethrenl, in accordance with the teachings of Holy Scripture11 TIM 2:21
Page 4 ST. AUSTELLGOSPEL TRUST REPORT OFTHETRUSTEES FOR THE YEAR ENDED 5" APRIL 2023 CONTINUED readin the Gos el messa e and the life of a Christian Contlnued We regularly go out from our homes to preach on the streets, to distribute Christian literature and engage with the wider community lincluding former Brethren) in order to present eternal salvation, available to all men by faith in Jesus Christ.12 Tirn 4.21. We seek as members of the public to lead Christian Ilves a5 husbands and wives, parent5, children, employers, employees and neighbours. (Col 3.22-25, Col 4..11. The preservation and protection of the famlly unit Is fundamental ond children are prized as a blessing from God. (Psalm 127.3-51. The elderly are valued members of the community, for whom both theirfamily and the wider community are expected to care. Holy Scripture commands us to be good neighbours to others, and deal with all other people Ilncluding former Brethren) openly, honestly and fairly and ¢on515tent with these principles, we should give our time. talents and money to assist those in need in the wider community, in 50 fèr as reasonable given our abilities and our available resources. Imatt 7-12, Matt 22.39, Eph 4=281. Volunteers St. Austell Gospel Trust relies on volunteers to carry out the management, adminTStration and, where appropriate. general maintenance work. The Trust has no paid staff Dr paid Trustees. Fundin Funding is 50vght through gifts and donations from the congregation. Grants are sometimes received from other charitable trLSSts with Complementary objectives. Gift ald is also claimed on relevant gifts. Financial review Financial osition In the Year ended 5, April 2023, the Trust had a deficit amountlng to f 31.988 of Incoming Resources against Resourte5 Expended on General Fund (after Depreciation charged Of £92,442). There wa5 a defitit in the year on the Designated Fund of £8,050, resulting in a net Fund Balance of £4,365 which has now been added back to the General Fund. Total voluntary Income received this Year was £116.769 compared to £125,991 in the Year tL) 5 April 2022. Monies held on Bank Accounts at the year end totalled £339.626. All Fund5 held were Unrestricted Funds. Reserve5 The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This 15 based on the charity's Size and the level of financial commitments. The Trustees have a programrne of raising further funds by way of donations and collections, and if necessary loans. in order to fund intended project5, and to facilitate repayment of existing lending. The congregation is kept regularly informed of needs accordingly. Free reserve5 at the year end were £291.142. The level of Reserves held is in view of further Local Hall acquisitions as referred to under the next heading. Plans for Future Periods The Trust plans to CDnt¥nue all the current activities. At the Par Moor Road site a sertion of land is to be sold off for £20.000. The Trustees are actively lookins for opportunitie5 to purchase & property or land for further Local Hall use. Also, the construction of a permanent local Meeting Hall is envlsaged on Land at Tre-wyn, Treverbyn Road, St. Austell, over a time scale of 4 to 6 years. Further Local Halls could cost £475,000 approximately per hall at current prices. In the longer term, the Hall at Robartes Place, St. Au5tell may also be considered for sale.
Page 5 ST. AUSTELLGOSPEL TRUST REPORT OFTHETRUSTEES FOR THE YEAR ENDED 5-APRIL 2023 cowriNUED Statement of Trustees, Res onsibilities The Trustees are responsible for preparing the Trustees. Annu31 Report and the Financial Statements in accordance with applicable law and United Kingdom Accountin8 Standards (United Kingdom Generally Accepted Accountiftg Practice). The law applicable to charities in England and Wales, requires 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, of the charity for that period. In preparing these Financial Statements, the trustees are required to selert suitable accounting policies and then apply them consistently; obseNe the methods and principles in the Charity SORP; make jud8ements and estimates that are reasonable and prudent; prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial Statements comply with the Charities Act 2011, the Charitie5 (Accounts and Reportsl Regulations 2008 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps forthe prevention and detection of fraud and other irregularities. All transactions have been reviewed and approved by two trustee5. On behalf of the board: Trustee Date..
THE INDEPENDENT EXAMINER'5 REPORTTO THETRUSTEES OF ST. AUSTELL GOSPEL TRUST FOR THE YEAR ENDED 5 APRIL 2023 Page 6 I report to the Trustees on my examination of the accounts of St. Austell Gospel Trust for the year ended 5, April 2023, which are set out on pages 7 to 13, and on the Trustees, Report for the year comprising Pages 2 to 5. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Charity's Trustee5 are responsible for the preparation of the account5 in accordance with the requirements of the Charities Act 20111'the Att'l. I report in respect of my examination of the Trust's accounts carried Dut 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 14515llbl of the Act. BASIS OFTHE INDEPENDENT EXAMINER'S REPORT My exarNinatlDn was Ccrried out in accordance with the General Directigns given by the Charity Commission. An examination include5 a review of the accounting record5 kept by the charity and a comparison of the account5 presented with those records. It also includes eonsiderBtion of any unusual items or di5cIosLJre5 in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken dts not provide all the evidence that would be required in an audit and collsequently no opinion 15 given as to whether the accounts present a 'true and fair view, and the report is limited to those matter5 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 glving me cause to believe that in any material re5pert: 11 Accounting records were not kept in respect of the Trust a5 required by section 130 of the Act; or 21 The accounts do not accord with those records; or 31 The account5 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 anv requirememt that the account5 give a 'true and fairview, whlch is not a matter considered at pèrt of an independent examination. I have no Concerns and have come acr055 no other matters in corinection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. Keith F. Pèvey, Broadoak Accounting Service5. 6 The Oaks, Wembdon Rise, Bridgwater, Somerset, TA6 7QL. Date.. 24 July 2023
PBge 7 ST. AUSTELL GOSPEL TRUST STATEMENTOF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL2023 Year to 05.04.2023 Designated Fund Yearto 05.04.2022 Total ALL ITEMS RELATE TO UNRESTRICTED FUNDS General Fund Total INCOME FROM Collertions and Donations (Excl. Gift-Aidedl 46,770 Contributions from the Congregation 36,500 Gift-Aid Donations 25.050 Tax Refunds on Gift-Aid 6,262 Payroll Givin8 2,187 Gifts - Other Church Gathering5 Burial Fees Other Income Interest Received 46,770 36,500 25,050 6,262 2,187 44,605 44,000 26,886 6,721 2,829 950 4,950 500 26 578 578 TOTAL INCOMING RESOURCES 117,347 117,347 131.467 RESOURCES EXPENDED Note 9 MEETING HALL RUNNING C05T5 Water and Sewerage Light and Heat Repairs, Cleaning and Consumables First Aid Costs Telephone and Internet Insurance ProfessTonal Expenses Burial Ground Costs Sundry Expenses Depreci£tTon 542 18,125 17,593 680 1,099 2.748 1,581 275 201 92,442 542 18,125 17,593 680 I,D99 2,748 1,581 275 201 92,442 527 7.918 17.240 759 2.342 1,117 2,910 503 93,151 135,286 135,286 126,507 OTHER CHARITABLE AcfiviTIES Support incl. Other Congregations Congregation Health Support Charitable Donation 8,050 8,050 6,106 9.050 6,106 25D GOVERNANCE AND SUPPORT COSTS Accountanry and Independent Examiner Book-Keeping Professional Support Stationery and Computer Cost5 1.940 965 2.593 2,445 1,940 965 2,593 2.445 1,836 282 1,470 3,046 TOTAL RESOURCES EXPENDED 149,335 8,050 157,385 142,441 NET SURPLUS DEFICIT FOR THE YEAR 131,9881 18,0501 140,0381 110,9741 TRANSFER BEEN FUNDS 4,365 14,3651 TOTAL FUNDS BROUGHT FORWARD 1,943,087 12,415 1,955,502 1,966,476 TOTAL FUNDS CARRIED FORWARD 1,915.464 1,915,464 1,955,502 The note5 on page5 9 to 13 form a part of these Financial Statements. All of the above activities are classed as continuing and there are no gain5 or10sses other than those included above.
Page 8 ST. AUSTELL GOSPEL TRUST TH BALANCE SHEET AS AT 5 APRIL 2023 Asat 05.04.2023 Asat DS.04.2022 Notes TANGIBLE FIXED Ass5 Freehold Pro and Land At Par Moor Road, St. Austell At Robartes Place, St. Austell At Tre Wyn, Treverbyn Road, St. Austell Portacabin Buildin 1.5&2 1,366,195 204.795 68.196 1,445,035 210,511 70,483 11,099 13,319 Furniture Fittin sand.E ment 10,137 12,382 Total Fixed Assets 1,660,422 1,751,730 CURRENT AssErs Stock of Fuel Debtors Prepayment5 BankAccounts 725 2,092 6,510 339,626 740 8,904 4.747 324,986 348,953 339.377 LESS.. CURRENT LIABILITIES- Due within One Year Creditors Accruals Unsecured Loan 6,098 2,713 49,000 2,907 2,298 45,300 57,811 50.505 Ngf CURRENT ASSErs 291,142 288.872 TOTAL ASSETS LESS CURRENT LIABILITIES 1,951,564 2,040,602 LESS: LIABILITIE5 DUE AFfER MORETHAN ONE YEAR Unsecured Loan 136.1001 185,1001 NET ASSETS 1,915,464 1,955,502 Represented by.." FUNDS- UNRESTRICTED FUNDS General Fund Designated Fund 1,915,464 1,943,087 12,415 Closin Balance 1,915,464 1.955,502 The Unaudited Financial Statements were approved and authorised for issue by the Trustees of St. Austell Gospel Trust on the undermentioned date, and were signed on their behalf by Trustee 04.11.2023 Date The Note5 on Pages 9 to IS form a part of these Financial Statements.
Page 9 sr. AUSTELL GOSPEL TRUST NOTESTO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 5- APRIL 2023 ACCOUNTING POLICIE5 1.1 Basis of re aration of Financial Statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Second edition of the Statement of Recomrnended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 15sued in October 2019, the Financial Reporting Standard applicable in the United Klngdom and Republic of Ireland IFRS 1021, and UK Generally Accepted Accounting Practice. The ftjnctional currency of the Charity 15 Sterling (£1. The Trust meets the definition of a public benefit entity under FRS 102. As5et5 and liabilities are initially recognised at historical cost or transaction value unles5 Otherwise stated in the relevant accounting policy notes. 1.2 Incomin Resources 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 orwhere the donor has specified that the income is to be expended in a future year. Gift-aid is added to the value of the donations to which it relates. Donated services are recognised as income and expenditure in the financial statemerits when organisètions or individua15 offertheir services and support pro bono. The value of these donated services to the St. Austell Gospel Trust is considered to be equal to market value which would be paid were the services formally procured. Investment Income is accounted for on a receivable bès15. 1.3 Resources Ex ended Expenditure 15 included on an accruals basis. Liabilities are recognised as soon as there is a legal or construttive obligation committing the charity to pay out resources. Charitable activities comprise thL)se costs dirertly attributable to the fulfilment of the Charitable objects. 1.4 Governance and Su ort costs Support costs have been allocated between governance costs and other support costs. Governance costs comprise all cost5 involving the public accountability of the Charity and costs related to st3tutDry requirements. Governance and SLJPPOrt costs are allocated to charitable artivitie5 on the basi5 of capacity used. 1.5 Tan ible Fixed Assets and De Freehold Pro ert Tangible fixed assets are stated at C05t 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 it5 expected useful life as follows'.- reciation Freehold Property- Par Moor Road 5% per annum - Straight line basis Robartes Place 3% per annum- Straight line basis Treverbyn Road IO% per annum- Straight line basis Portacabin Building 20QA per annum - Straight line ba51S Furniture, Fittings and Equipment 25% per annum- Reducing balance basls 1.6 Taxation The TrLJSt 15 a registered Charity and is not liable to United Kingdom taxation on charitable activities, provided Income falls within the Charitable exemptions and is spent on charitable purposes.
Page 10 ST. AUSTELL GOSPEL TRUST NOTESTO THE FINANCIAL5TATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 TH CONTINUED ACCOUNTING POLICIE5 1.7 Funds The General Unrestricted Fund 15 free for the Trustees to use for any purp05e in fijrtherance of the Trust's charitable object5. A Designated Fund had been established for which relevant figures are stated on page 7. By the year end the purpose of the fund was regarded as fulfilled, and it has therefore been discontinued with the tjnexpended balance being added back to the General Unrestricted Fund. 1.8 Goin Concern The Trustees consider that there a 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 o55ets and liabilities within the next reporting period. 2. TANGIBLE FIXED ASSEf5 lal This Comprise5: CONTINUED Freehold Land and Pro Furniture, Fittings and Portacabin ert Total COST As at 06.04.2022 Additions in Year 2,518.409 22,199 154,224 1.134 2,694,832 1,134 As at 05.04.2023 2,518,409 22,199 155.358 2,695,966 DEPRECIATION A5 at 06.04,2022 Charge for Year 792,380 86,843 8,880 2,220 141,842 3,379 943,102 92,442 As at 05.04.2023 879,223 ii,ioo 145,221 1,035,544 NET BOOKVALUE As at 05.04.2023 1,639.186 11.099 10,137 1.660,422 As at 05.04.2022 1.726,029 13,319 12,382 1,751,730 Ibl The Book ValLre of Freehold Land and Pro is summari5ed a5= Meeting Hall Par Moor Road, St. Austell Meeting Hall Meeting Hall Robartes Place, Treverbyn Road St. Au5tell St. Austell Total COST As at 06.04.2022 and As at 05.04_2023 2,174,952 250.523 92,934 2,518,409 DEPRECIATION As at 06.04.2022 Charge for Year 729,917 78,840 40,012 5.716 22,451 2,287 792.380 86,843 As at 05.04.2023 808.757 45,728 24,738 879,223 BOOK VALUE As at 05.04.2023 1,366,195 204,795 68.196 1,639,186 As at 05.04.2022 1,445,035 210,511 70,483 1,726,029
Page 11 ST. AUSTELL GOSPEL TRUST NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5"APRIL 2023 CONTINUED Icl Land Re i5t Title Numbers of the Freehold Pro ert owned are as follows'.- Par Moor Road, St. Austell.. CL248188,' CL252468 and CL245568 Robartes Place, St. Austell.. Number not currently allocated. Treverbyn Road, St. Austell.. CL310364 (The Hall at this site is currently of a temporary naturel LIABILITIES- UNSECURED LOAN The Trust has received an interest free Loan as below. The Central G.H. Trust is a charitable Trust with parallel objettwes, but serving a wider geographic area. The Loan comprises'.- At 05.04.2023 At 05.04.2022 Central G.H. Trust 85,100 130,400 The above lendit) is sub'ect to re ment as follows Within One Year In Years 2 to5 49,000 36,100 45,300 85.100 85,100 130,400 4. TRUSTEES. REMUNERATION AND EXPENSES No Trustee received any remuneration or other benefits for services rendered in thi5 year or in the preceding period. Expense5 incurred were reimbursed, if applicable, at cost, with no benefit whatsoever arising to the recipient. 5. EMPLOYEES The Trust had No Employees in thls year or the preceding year. 6. VOLUNTEERS The Trust relie5 on volunteers to carry out Management, Administration and certain Maintenance work. 7. INDEPENDENT EXAMINER'S FEES Year to 05.04.2023 Yearto 05.04.2022 These were:_ 1,940 1,836 8. DONATED SERVICES There were no donated services expended in this year or the preceding year. 9. RESOURCES EXPENDED Year to 05.04.2023 These were'.- Other Charitable Attivities Meetirig Hall Running Costs Yearto 05.04.2022 Total Direct Cost5 Support Costs Governance Costs 135,286 6,003 1.940 14,156 149,442 6,003 1,940 135,807 4,798 1.836 143,229 14,156 157,385 142,441 Full Detail is given on Page 7
Page 12 ST. AUSTELL GOSPEL TRU NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 T CONTINUED 10. ANALYSIS OF NET A5sFfs BEEN FUNDS General Unrestricted Fund Designated Fund Total Fund5 TM AS AT 5 APRIL 2023 Tangible Fixed Asset5 Current Assets Current Liabilities Liabilities Due after More than One Year 1,660,422 348.953 157,8111 136,1001 1.660,422 348,953 157,8111 136,1001 Total Funds 1,915,464 1,915,464 ASAT 5- APRIL 2022 Tangible Fixed Assets Current Assets Current LiabilitTe5 Liabilities Due after More than One Year 1,751,730 326.962 150,5051 185,1001 1,751,730 339,377 150,5051 185,1001 12,415 Total Funds 1,943,087 12,415 1,955.502 There were No Restritted Funds at any time in the 2 Years to 5, April 2023. 11. MOVEMENTS IN FUNDS Opening Balance Incoming Resources Resources Ex ended Transfer Closing between Funds Balance TH YEAR TO 5 APRIL 2023 Unrestricted Funds General Fund Designated Fund 1,943,087 12,415 117.347 1149,3351 18,0501 4,365 14,3651 1,915,464 Total Funds 1.955,502 117,347 1157,3851 1,915,464 YEAR TO 5- APRIL 2022 Unrestricted Funds General Fund Designated Fund 1,951,011 15,465 125,467 6,000 1133,3911 19,0501 1,943,087 12,415 Total Funds 1,966.476 131,467 1142,4411 1,955.502 There were No Restricted Funds at any time in the 2 Years to 5, April 2023.
Page 13 ST. AUSTELL GOSPEL TRUST NOTESTO THE FINANCIAL5TATEMENTS FOR THE YEAR ENDED 5- APRIL 2023 CONTINUED 12. Posr BALANCE SHEET EVENTS. CAPITAL COMMITMENTS AND FUTURE PLANS No significant Post Balance Sheet Events have arisen, and no Capital Commitments have been entered into. At the Par Moor Road site a section of land is to be sold off for £20,000 for use as a School shop slte. The Trustees are also attively IoDking for opportunfcies to purchase a property or land for further Local Hall use. Also. the construction of a permanent Meeting Hall 15 envisaged on Land at Tre-wyn, Trevelyan Road, St. Austell, over a time scale of 4 to 6 years. In the longer term, the Hall at Robartes Place St. Austell may also be considered for sale. 13. RELATED PARTY TRANSACTIONS Payments were made as follow5: Year to 05.04.2023 Year to 05.04.2022 To the Business of In which the following Trustee was a artici ator'.- A.C. Global Ltd Mr. Kenneth A. G13zebrook Cornish Industrial Supplie5 Ltd Mr. 8ruce Munn Kernow Fixings Ltd Mr. Nathan Prisgrove Nine Group International Mr. Karl Gla2ebrook 708 135 500 96 412 The above expenses were provided at cost by the Businesse5 concerned, without any Profit element. Expense5 were also reimbursed as stated in Note 4. Donations were received from Trustee5 and parties connected thereto, in the following totals: Yearto 05.04.2023 Yearto 05.04.2022 36,902 37,747
St Austell Gospel Hall Trust
Public Benefit and Outreach
2022/23
One of the Trust's principal activities that furthers its objects is providing a facility for the coordination of "outreach" work into the wider community .
The Trust's activities have obviously been seriously impacted by the COVID-19 pandemic . The Trust has endeavored to maintain its outreach activities as far as possible This report includes some of the things we have been engaged in.
Members of the Congregation, acting under the directions of the trustees and with their full and active encouragement, have continued with the "outreach" work which they have carried out for many years.
Gospel tracts and literature available from the Gospel Hall
The Trust maintains a display of gospel tracts, literature and Bibles in the foyer of its principal Gospel Hall and this fact is advertised on the Sign Board at the street entrance
Street preaching’s and tract distribution
During 2022 we resumed our long standing committal to the open air preaching.
In general the street preaching is conducted twice a week in Holmbush square, at least 2 person attend the preaching and during the preaching gospel tracts are distributed. On average 10 tracts are distributed on each occasion. Over 40 Preachers from the community regularly preach.
Contact and support
Some members of our Congregation assisted the Rapid Relief Team charity in the
following work
3PR1501
Providing Food and drink for 350 persons attending Cornwall Fire & Rescue open day
3PR1500
British Heart Foundation event at Penadlake gardens. Provided food and drink for approx. 100 people and donated the proceeds back to BHF.
3RE1480
Responded to a request by Devon and Cornwall police to provide subsistence to officers attending an illegal rave party. Providing refreshments to approx. 80 police officers and support staff.
3PR1344
Blue light Day event, providing refreshments in the form of food and drink to 150 persons attending the event.
3PR1342
Cornwall air ambulance (Helifest) providing refreshments for staff, organizers and volunteers at the event. Provided 75 meals
Upcoming events which RRT expects to support in 2023
Supporting the Bluelight appeal day in July 2023
Support Fire & Rescue personnel on their sponsored bike ride for children’s charity Little Harbour
Support the Cornwall Air Ambulance on the annual open day in July 2023
We are open to further suggestions from the congregation which we will review and then put forward for approval at one of our regular trustee meetings.