Charlty Re815tratlon No- 1159652 Tunbridge Wells Gospel Hall Trust Report of the trustees and unaudited financial statements Year ended 5 April 2024
Tunbridge Wells Gospel Hall Trust C¢Jntent5 Pages Reference and admlnistrative details Report of the trustees Independent exarllinerfs report Statement of fin3ncial activities Balan sheet Notes to the financial statement5 10-15
Tunbridge Wells Gospel Hall Trust Reference and administrative detalls For the year ended 5 April 2024 Charlty name Tunbridge Wells Gospel Hall Trust Reglstered charlty number 1159652 Trustees R Allen T W Fleck (Chairl B W Lynes R Marriott Tl Woodcock TYeasuYer B W Lynes Prln¢lpal address The Meèting Hall Whetsted Road Five Oak Green Tonbridge TN12 6RT Independent examlner L Bowie Klngfield Céckle Street Brede Rye TN316DX Bankers Bank of Scotland plc PO Box lOOa BX2 ILB Solicitors Watson & Watson Mercury House Shrewsbury Business Park Shrewsbury SY2 6LG
Tunbrldge Wells Gospel Hall Trust Report of the Tyustees For the year ended 5 April 2024 The Trustees present their report along with the financial statements of the Charity for the year ended 5 April 2024. The financial statements have been prepared in accordancè wlth the accounting policies set out on page 10-11 and comply with the Trust Deed 8nd applleable law. Structurep governance and management Goveming document The Charlty is an Ltnincorporated trust constituted by a Deed of Trust dated 25 February 2003, most recently amended by Deed of Variation dated 15, August 2014. The Trust was registered with the Charity Commission for England and Wales on 17, December 2014 under Charity Registration Number.. 1159652 Recruitment and appolntment of new trustees The names of the Trustees who 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 S April 202412023.. £nill. The Trust operates a Gospel Hall and Trustee5 are chosen from among the regular congregation of the hall. New Trustees arè nominated by the existing Trustees or by the congregation and must be appointed by unanimous resolution of the Congregation. They are selected accordinE to their ski115 and experience and are expected to use both in furthering the objects of the Charity. Checks are made to ensure the Trustees, eligibility lo act, and incomin8 Trustees are made aware of their responsibilitie5 by the existlng Trustees, who ensure that new Trustees read the Trust Deed and relevant Charity Commission guidance. Wlder network The Trustees maintain informal links with simllar charltles wlth a view to poollng experience considered Useful in pursuing the objects of the Charity. The Charity also maintains particular links with Milton Gospel H811 Trust, with which it shares member5 of its congreBatlon Rlsk management The Trustees have identified and reviewed the major risks to which the Charity is exposed and confirm that they have established systems or procedures to manage and mitigate those risks. Objectlves and activitles Oblectlves and alm5 The charitable purposes of the Chaiity 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 followèd bythose Christians forming part of the world-wide fellowship known 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 practices in furtherance of tertain aspeets of do¢trlne are summarised in two schedules to the Trust Deed. Publ1¢ beneflt The Trustees confirm that they have complied with their duty under settion 4 of the Charitles Act 2011 to h3ve due regard to the Charity Commi55ion's genei81 guidance to charities on public benefit. Maln actlvltles and achievements
Tunbrldge We115 Gospel Hall Trust Report of the Trustees For the year Ènded 5 April 2024 The Trust provides and maintains a Gospel hall where religious meetings are held by the local Brethren communlty. Detalls of the origins, teachings and way of life of the Brethren can be found on the wcb51te- www. rnouthbrethrenchristianchurch.or and in the schedules to the Trust Deed. The Trusvs main achievements this year have included Invlting to the hall local congregation and visltors from other congregations fu¥ther afield and overseas and encouraging good works by them whith bÈnefit the wlder communityi as described below. The TrLJSt has also supported the Milton Gospel Trust by providing support both f1nancially and physically with members of the congregation in refurbing and renovating the Milton Gospel Halls in Tunbridge Wells and Tonbiidge giving the benefitting the congregation and wider wlth better facilities. The Emergency Needs Fund whith the trust has supported In the past has not been used so extensively thls year, however the Trust remains available and ready to step in and provide extra limited a5SiStance by the way of Erocery vouchers or similar to households who experience hardship such that it is likely to impact on the health andlor welfare of members of the household. The trust continues to liaise with a Local Welfare Panel to manage the application process and to administer the needed 5UPPOrt to qualifyin applicants. Plans for Future Perlods Despite the increased cost of energy, the trustees feel that these increased cost5 are not significantly impacting on the ability of the charity to ¢ontlnue as a going concern. Meètlhgs Meetings held at the Gospel Hall would normally include the Lord's Supper (Communionl, Gospel preachings, Blble readings and Bible addresses. There is a structured weekly schedule of rneetings and, depeNding on the particular meetinE, between 25 and people normally attend these occasions. The meetlngs are attended by the regular congregation and most are open to other properly disposed visitors. The notice board outside the Hall welcomes visitor5 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. Blbles and an extensive range of other Christlan reading material are on display at the halllsl and visitors are free to help themselves. 5prèadlng the Gospel me55age and the life of a ChrÉstlan The Gospel Hall is a base from whl¢h the regular congregation and others who attend the meetings are encouraged to spread thè Christ13n Gospel, in word and deed. Members of the congregation participate in a programme of street pre3¢hing and Gospel tracts and Bibles are provided free of charge by the Charity to such Preachers to be handed out to interested members of the public,
Tunbrldge Wells Gospel Hall Trust Report ol the Trustee5 For the year ended 5 April 2024 In addition to street preachlng In some c>f the local town centres including Paddock Wood and Tonbridge, members of the congregatlon have continued their commitrnent to supporting the Rapid Relief Team la separate charity) in their support of those In need and needs of the local communityi thi5 has included supporting food alld welfare boxes to homeless charities in the locality as well as those who have been displaced in the war in Ukralne to supporting the emergency services with refreshments and supporting Ioc31 communities in litter picking duties. The Trust has been pleased to make its external facilities available to be used as a meetin8 polnt for these volunteers along with the storage and a gathering poini for the equipment forthese activlties to be carried out. In carrying out this work, the Congregation considers itself to be living out its faith in practice, as partlcularly exemplified In the followlng extract from the schedule to the Trust Deed on living a Christian lrfe.. We seek and are encouraged to live exemplary lives in all our relatlonshlps wlth others in the wider community lincluding former Brethren), in accordance with the teachings of Holy Scripture11 Tim 2'.21. We regularly go out from our homes to preach on the streets, to distribute Chrlstian Illerature and engage with the wider community lincludlnB forwer Brethren) in order to present Èternal salvation, available to all men by faith in Jesus Christ.12 rim 4..21. We seek as members of the public to lead Christran lives as husbands and wlves, parenls. children, employers, employees and neighbours. (Col 3'.22-25, Col 4'.11. The preservation and protection of the family unit is fundamental and children are prized as a blessing from God. IP5alm 127.3-51. The elderly are valued members of the community, for whom both their family and the wider Community are expected to care. Holy Strlpture tommands us to be good neighbours to others, and deal with all other people lincluding former Brethren) openlyi honestly and fairly and con51Stent with these princSples, we should give our time, talents and money to assist those in need in the wider tommunity, in so far as reasonable glven QLJr abillties and our available resources. Imatt 7..12, Matt 22'.39, Eph 4.'281. Funding Funding is sought through gifts from the congregation and GIftAid is claimed on ellgible donatlons. Fundlng 15 sometimes received from other charitable trusts with complÈment3ry objectives. Flnanclal revlew Flnanclal position In the year ended 5, April 2024, the TrLJSt had a modest surplus of incoming resources, over resources expended, Total voluntary income received this year was £181.088 compared to £135,328 in the previous year. All funds held were unrestricted funds.
Tunbrldge Wells Gospel Hall Trust Report of the Trustees For the year ended 5 Aprll 2024 The Trustees have considered the level of reserves they wlsh to retain, appropriate to the charity's need5, based on its size and the level of its financial commitments. The Twst has no employees and its regular outgoings are mlnimal. Accordingly, the Trustees have decided to adopt a policy of maintaining no $18nificant reserves. The congregatlon is kept regularly informed a5 to particular needs for funds, and other relevant matters and the Trustee5 alm to ensure that the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in ir¢come or Ljnexpected expenditure, by raising a funds appeal to the congregation. Free reserves at the year end were £nil.12023'. £nlll Statement of Trustees, responsibilitles The trustees are responsible for preparing the Trustees, Annual Report the flnancial statements in accordance with applicable law Unlted Kingdom Accountlng Standards Iunited Kingdom Generally Accepted Accounting Practlcel, The law applicable to charities in England & Wales require5 the trustees to prepare financial statèments for each financlal year which give a true and fair view of the state of affair5 of the charlty and of the incomin% resources and application of resources of the charity for that perlod. In preparingthese financial statements, the trustees are required to: select suitable a¢ctsunting policies and then apply them consi5tentlyi observe the methods and principles in the Charitie5 SORP IFRS 1021,. make judgements and estimates that are reasonable and prudent,. state whether applScable accounting standards have been followed, subject to any material departures disclosed and explained in thè flnancial statement5,' prepare the financi31 statements on the golng concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose wlth reasonable acctjracv at any time the flnancial position of the charity and enable them to ensure that the financlal statements comp5y with the Charities Act 2011, the Charlties (Accounts and Reports) Re8ulation$ 2008 and the provisions of the trust deed. They are also re5ponslble for safeguarding the assets of the charlty and hence for takln@ reasonable Steps for ihe prevention and detection of fraud an(1 other irregularltles. All transaction5 have been reviewed and approved by two trustees. On behalf of the Board.. TIM Fleck Trustee Date..
Tunbridge Wells Gospel Hall Trust Independent ex3mineI5 Yeport to the trusteps For the year ended 5 Aprll 2024 I report to the trustee5 on my examination of the accounts of the Tunbridge Wells Gospel Hall Trust for the year ended 05 Aprll 2024. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charity's trustees are responsible for the preparation of the aEcount5 In aetordance with the requirements of the Charities Act 20111'the ACVI. I report In respect of my examlnation ol the Trust's accounts carried out under seciion 145 of the 2011 Acl and in carrying out my èxamination I have followed all the applicable Direction5 given by the Charity Commission under section 14515llbl of the Act. BASIS OF THE INDEPENDENT EXAMINER'S REPORT My examination was car¥ied out in accordance with the Genera1 Directions glven by the Charitv Commission. An Èxamination includes a reviÈw of the accounting records kept by the charlty and a comparison of the acco)untS FJre5ented with those record5. It also includes consideration of any unusual items or dÉsclosures in the dccount5, drld seeking ol expldTratlOn5 fforn you as Trustees concerning any $ch matters. Th? procedures undèrtaken do not provlde all the evidÈnce that would be required in an audit, and consequently no opinion is given a5 to whether the accounts present a 'true and fair view, and the report is limited lo those matters set out in the statemenis below. INDEPENDENTEXAMINER'S STATEMENT I confirm that l am qualified to undertake the examlnation. because l am a member of the Chartered Institutè of Management Accountants ICIMAI I have completed my examination. I confirm that no material matters have come to my attention in Ctknoection wilh the examination giving me cause to beliEve that in any aterIal re5pecr'. l. Accounting records were not kept in respect of the Trust as reiuired by section 130 of the Act,. or 2. The accounts do not accord with thosè record5,' or 3. The accounts do ntrt comply with the applltable requirements conrning the fom) and content of accounts set out in the Charities IA¢count5 and Reports) RÈgulations 2008 other than anv requirement that the accounts give a 'true and fairviev/ 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 thls report in Order to enable a proper understanding of the accounts to be reached. Isigned, Dale)
Tunbrldgè Wells Gospel Hall Trust Statement of flnanclal actlvltles For the year ended 5 Aprll 2024 Unvèstsitted Fund5 DeslEnated Funds Bestrlcted Funds Total Funds 2024 Total Funds 2023 Notes Income and endowmentsfrr*n: Donotions (IndIetIes.' Collectlons Contribution5 from the c¢nEre8ation Glft Ad donations Glft Pid refunds re5ved 35,4(N) 35.400 37.850 87,575 43,165 10,791 4,157 87.575 43.165 10,791 4.157 56,2(X) 29,035 7,259 4,984 Investments Bank Interest 565 565 18 Total 181,653 181,653 135,346 Grantto affillatpd tharity 418,111 Éxpendlture on.. Chtvltuble OttlvltlÉs Runnin8 meptin8 rooms Other charitable activities Cost of donated semces 101,097 5,269 3,597 101.097 5,269 3,597 98.671 631 3,625 Tot81 109,963 109.963 95,584 Netlncomellexpenditure 71,690 71,690 1378,3491 Net movement In funds 71.690 71,690 1378,3491 Reconclllatlon Offd$ Totsl funds brought forward 1,758.053 1,758,053 2.136.402 Total funds ca¥rledfoYward 1,829.743 1,829,743 1,758.053 The note5 on pages 10 to 15 ftsrm part of these financial statements. All of the above activities are cla55ed as CDntinuiriE and there are no gains and losses other than those included above.
Tunbrldge Wells Gospel Hall Trust Balance Sheet As at 5 Aprll 2024 2024 2023 Notes Fixed assets Tangible fixed assets 1,975,715 2,016,26CI Current assets Debtors., Prepayments and accrued Income Gift aid due frorn HMRC Cash at bank and in hand 2,540 13,535 128,060 1,659 4,074 26,035 144,135 31,768 Current liabilities Creditors: amounts falling due within one year: Accruals and deferred income Loans 13,1081 1287,tXlDI 12,9751 I287,0) Net current assets 1145,973 1258,2071 Totsl assets less current Ilab51itles 1,829,743 1,758,053 Net assets 1,829,743 1,758,053 Funds Unrestricted income fund Restricted'funds 1,829,743 1,758,053 Total funds 1,829,743 1,758,053 The unaudited financial statements were approved and authorised for issue by the Trustee of Tunbridge Wells Gospel Hall Trust orh 2024 and signed on their behalf by Brtjte Lynes Trustee The notes on pages 11 to 16 form part of these financlal statements
Tunbrldge Wells Gospel Hall Trust Notes to the flnanclal statements For the year ended S Aprll 2024 Accountlng policle$ Basi5 of preparation financial statements The financial statement5 have been prepared in accordance with Accounting and Reporting by Charlties-. Second edition of the Statement of Recommended Practice appllcable to charlties preparing thelr acctsunts in accordante with the Financial Repoiting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019, the Financial Reportlng St3ndard applltable In the United Kingdom and Republic of Ireland IFRS 1021, and UK Generally Accepted Practice. The functlonal currency of the charityls SterlSng (£1. The Trust meets the deflnition of a public beneflt entlty under FRS 102. Assets and liabllltles are Inltially re¢oEnlsed at hlstorical cost or transactlon value unless otherwlse stated In the relevant accounting pollcy ntstelsl. 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 servlces and support pro bono. The value of these donated services to ABC Gospel Hall Trust is considered to be equal to market vBlue 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 ba515. Expenditure ExpénditLJre is incltsded on an accrLJ31s basis. Li8bilities are recognised as soon as there is a legal or ¢onstructlvè obllgatlon commltting the charity to P3Y Out resoLJrtes. Charitable activlties ctsmprlse those costs directly attrlbut2ble to the fulfilrnenl of the charltable objects. Governance and support costs Support tosts 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 activlties on the basis of capacity used. Tangible fixed assets and depreciation Tangible fixed asset5 Ic05ting more than £1,000) are stated at cost less depreciation. Freehold land is not depreciated. Depreciation is provided at rates calculated to write off the cost, less estlmated residual value, of each asset over Its expected useful Ilfe as follows.. Freehold buildings Ternporary buildin85 Flxtures and Flttings 2% straight line 20% straight line IO% straight line 10
Tunbridge Wells Gospel Hall Trust Notes to the financlal statements For the year ended 5 Aprll 2024 Computer equlpment 25% straight Ilne Taxation The Trust is a registered charlty and is not liable to United Kingdom income or corporation tax on haritable activities, provided income falls within the charitable exemptions and 15 Spent on charitable purposes. Funds The general unrestricted fund is free for the Trustees to iJ5e for any purposes in furtherance of the trust'5 charitable objects. Restricted funds arise from donations to the trust, which are made for a specific purpose. Restricted funds can only be tjsed for the purpose for which funds were given. Preparation of consolidated financial statements The Charity does not have a tr8dinE subsidiary. 1.9 Going concern The Trustees consider that there are no material uncertainties about the charity's ability to contlnue as a going concern. 1.10 Slgnificant estimates and judgements The trustees do not consider that there are any sour¢es of estlmatlon untertainty at the reporting date that have a significant risk of causiDg a material adjustment to the carrying amounts of assets and liabilities within the next reporting perlod. Trustees, remuneration and expensès No Trustees received any remuneration or other benefits from an employment with the charity and no Trustee5 were reimbursed for expenses12023'. None). WagÈs and salarles There are no employees12023'. none). Donated services IX>nuted to.. 20Z4 2023 Milton Gospel Hall Trust 3,597 3,625 3,597 3,625
Tunbrldge Wells Gospel Hall Trust Notes to the financlal statements For the year ended 5 April 2024 Resour¢e5 expended Meeting other rooms charitable actlvltles Meeting Rooms Other charltable actlvltles 2024 2023 Dlrect costs Repairs and Maint, 8,107 24,429 2,884 1,815 1,700 8,046 8,410 40,545 8,107 24,429 2,884 1,815 1,700 13,046 8,410 40,545 9,182 11,353 2,068 1,581 1,539 10,689 6,223 40,530 9,182 11,353 2,068 1,581 1,539 11,264 6,223 40,530 Insurance Telophone & IT Securitv Other direct ¢05ts Interest C05t Depreclatlon 5,000 575 Support costs Governance 2,224 2,937 116 153 2,240 3,090 2,324 5,839 16 40 2,340 5,879 101,097 5,269 106,336 91,328 631 91,959 Governance cost5 include £60012023.. £6001 in respect of independent examinerfs fees. Tanglble flxed assets Freehold Property and Refurblshment Furnlture, fixtuyes & flttings Computer equipment Total Cost Brought forward at 6 April 2023 Addition5 Di5ptssals 2,483,627 89.368 1,134 2,574,129 At 5 Aprll 2024 2,483,627 89,368 1,134 2,574,129 Depreclatlon Brought forward at 6 April 2023 Charge for the year Impairment Disposals 482,734 38,649 74,852 1,613 284 284 557,870 40,545 12
Tunbrld8e Wells Gospel Hall Trust Notes to thè financial statements For the year ended S April 2024 At S April 2024 521,383 76,465 567 598,415 Net book value At 5 April 2024 1,962,244 12,904 567 1,975,715 At 5 Aprll 2023 2,000,893 14,516 850 2,016,260 Pyoperty Detalls: Land registry titles of the above property held are K788361. Analysls of net assets between funds Current year Unre5trlcted Funds Restrlrted Funds Total Funds Tangible fixed assets Current assets Current liabilities 1,975,715 144,135 290,108 1,975,715 144,135 290,108 Totsl funds 1,829,743 1,829,743 7.2 Prior yeor Unrestrlrted funds Restricted funds Total Funds Tangible fixed assets Current asset5 Current Ilablllties 2,016,260 31,768 289,975 2,016,260 31,768 289,975 Totsl funds 1,758,053 1.758,053 Mmiement In fLtnds Current yeor Realisedl unreali5ed galns and Balancè at 5 losses April 2024 Balancè at 6 Aprll 2023 Incomlng resources Resource5 expended 13
Tvnbrldge Wells Gospel Hall Trust Notes to the financlal statements For the year ended S Aprll 2024 Restricted funds Designated Funds Unrestrlcted funds 1,758,053 181,653 109,963 1,829,743 Total fund5 1,758,053 181,653 109,963 1,829,743 Prior yeor Reallsedl unreallsed gains and Balance at 5 losses Aprll 2023 Balance at 6 Aprll 2022 Incomlng rèsources Resourceg expended Restricted fund5 Designated Funds 37S 375 Unrestricted fund5 2,136,027 135,346 513,320 1,758,053 Total funds 2,136,402 135,346 513,695 1,7S8,053 Transactlons with relatèd parties Donations were made during the yÈar by related parties totalling £65,81012023- £30,185). io. Volunteers Tunbrtdge Wells Gospel Hall Trust relies entirely tsn volunteers to carry out the management, administration and general maintenance work. The Trust has no paid staff or paid Trustees. 14
Tunbrldge We115 Gospel Hall Trust Notes to the financial statements For the year ended 5 April 2024 11. Compayative Statement of Flnanclal Actlvltles Unrestrltted Funds Desl8nated Funds Restritted Funds Total Funds 2021 tIDte5 Income and endowmÈntsfvom'. onthtlon5 oFJdlegtsaes.' Collection5 ContrIbutn$ from the con8re8ation Glft A4d donati0ts5 Glft Ald rÈfuTrd5 received 37,850 56,200 37,850 56.2( 29,035 7,259 29,035 7.259 4,984 Investments Bank Interest 18 18 Total 135,346 135,346 Grant to affillated charity 418,111 418,111 Expenthtuie otr): Chorlt47ble uttlwltles Running meeting rooms 91,328 ?.56 3,625 98,671 631 3,625 375 Cost of donated seThice5 Total 95,209 375 95,584 Nétlntomellexperbdlturel 1377,9741 13751 1378,3491 Net rnovementln funds 1377.9741 13751 1378.3491 Retonclllaiknn of funds Totsi fund5 broughtforward 2,136,027 375 2.136,402 Total lunds carrled forward 1.758,053 1,758,053 15