Charity Registration No: 1159758
BRACKLEY FOX LANE GOSPEL HALL TRUST
Re
ort of the Trustees and
Audited Financial Statements
th
For the Year Ended 5 A
ril 2024

BRACKLEY FOX LANE GOSPEL HALI TRUST
REPORT OF THE TRUSTEES AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5- APRIL 2024
CONTENTS
SECflON I
Pages
Reference and administrative details
Report of the Trustees
Report of the Auditor
Statement of Financial Activities
Revaluation Reserve
io
Balance Sheet
li
Notes to the Financial Statements
12-16
SEcfioN 2
Public Benefit and Outreach Report

Page I
BRACKLEY FOX LANE GOSPEL HALL TRUST
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 5- APRIL 2024
CHARITY NAME
Brackley Fox Lane Gospel Hall Trust
REGISTERED CHARITY NUMBER
1159758
TRUSTEES
Mr. Toby Campion
Mr. Scott Douglass
Mr. S. Laurence H. Gardner {Chairl
Mr. Mark Leonard Reeves
Mr. simon P. Wells
TREASURER
Mr. Toby Campion
PRINCIPAL ADDRESS
CIO Mr. Toby Campion,
Firgo.
Hinton Road.
Brackley,
Northants,
NN13 7EQ.
AUDITOR
Lyndsay Nicholson ACA CTA,
Statutory Auditor.
Riverside Accountancy,
Second Floor, 26 St. Georges Quay,
Lancaster.
Lancashire,
LAI IRD.
ACCOUNTANT
Keith F. Pavey,
Broadoak Accounting Services,
6 The Oaks.
Wembdon Rise,
Bridgwater,
Somerset.
TA6 7QL.
BANKERS
Barclays Bank Plc,
32 Bridge Street,
Banbury,
Oxon,
OX16 5PN.

Page 2
BRACKLEY FOX LANE GOSPEL HAIL TRusr
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024
YH
The Trustees present their Report along with the Financial Statements of the Charity for the Year Ended
th
5 April 2024. The Financial Statements have been prepared in accordance with the accounting policies
set out on pages 12- 13 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.
Brackley Fox Lane Gospel Hall Trust is constituted by a Deed of Trust dated 8 March 1979, subsequent
th
amending Deeds, and most recently by a Deed of Variation dated 8 August 2014. The Trust wa5
registered with the Charity Commission for England and Wales on 2. January 2015 under Charity
Registration Number: 1159758.
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 connected with them, received any remuneration or expenses from the
Charity in the Year, nor in the preceding financial year.
The Trust has operated two Gospel Halls in the year, and Trustees are chosen from among the regular
congregation of the halls. New Trustees are nominated by the existing Trustees or by the congregation
and must be appointed by unanimous resolution of the congregation. They are selected according to
their skills and experience and are expected to use both in furthering the objects of the Charity. Checks
are made to ensure the Trustees. eligibility to act and incoming Trustees are made aware of their
responsibilities by the existing Trustees, who ensure that new Trustees read the Trust Deed and relevant
Charity Commission guidance.
Wider Network
The Trustees maintain informal links with Trustees of similar Charities with a view to pooling experience
considered useful in pursuing the objects of the Charity. The Charity also maintains particular links with
Cherwell Gospel Hall Trust, with which it shares members of its congregation.
Risk Mana
ement
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.
Ob"ectives and activities
Ob"ectiyes and aims
The charitable purposes of the Charity are the advancement of the Christian religion for the public
benefit, including by the carrying on of the service of God in accordance with the Old and New
Testarnents of the Holy Bible as followed by those Christians forming part of the world-wide fellowship
know as the Plymouth Brethren Christian Church (the 'Brethren"l and any other charitable purposes
connected with Brethren. The core doctrine of the Brethren and proper practices in furtherance of
certain aspects of doctrine are summari5ed in two schedules to the Trust Deed.
Publlc benefit
The Trustees confirm that they have complied with their duty under section 4 of the Charities Act 2011
to have due regard to the Charity Commission's general guidance to charities on public benefit.

Page 3
BRACKLEY FOX LANE GOSPEI HALL TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED S" APRIL 2024
CONTINUED
Main Activities and achievements
The Trust provides and maintains two 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 maintain the Gospel Halls for the continuing use
of the congregation and visitors. It has also encouraged works by the congregation, as described below.
It has also continued to progress the construction of a new meetin8 Hall at High Cross, Syresham, which
th
was completed after the year end and brought into use from 8 May 2024. It has taken steps towards
the sale in due course of the Fox Lane Gospel Hall and adjacent bungalow as further stated under"Plans
for Future Periods and Activity since the Year End"
It has also contributed to the running costs of Halls owned by the Cherwell Gospel Hall Trust, which has
parallel objectives.
Meetin
Meetings normally held at the Gospel halls include the Lord's Supper (Communion). Gospel preachings,
Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending
on the particular meeting, between 30 and 450 people normally attend these occasions.
The meetings are attended by the regular congregation and most are open to other properly disposed
visitors. The notice board outside the Hall welcomes visitors and displays times of Gospel preachings,
along with a telephone number for those seeking further information or help. Gospel tracts, which are
distributed by street preachers, also display this information.
Bibles and an extensive range of other Christian reading material are on display at the main hall and
V15itors are free to help themselves.
readin
the G05
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.
Members of the congregation have also supported a separate Charity, the Rapid Relief Team, and this
has included supplying over 500 meals for staff at the Horton Hospital. Banbury; supplying 200 meals for
a Search and Rescue training exercise with grab bags also donated,. and supplying 500 meals for the Fire
Service and Volunteers at a major incident training exercise. SmartRRT bars and food boxes were also
donated to Waynflete School in Brackley. A Public Benefit Report is attached.
In carrying out this work, the congregation considers itself to be living out its faith in practice, as
particularly exemplified in the following extract from the schedule to the Trust Deed on living a Christian
Life'.-

PaBe 4
BRACKLEY FOX LANE GOSPEL HALL TRUST
TW
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024
CONTINUED
readin
the Gos
el me55a
e and the life of a Christian
Continued
We seek and are encouraged to live exemplary lives in all our relationships with others in the
wider community (including 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 Christian literature
and engage with the wider community (including former Brethren) in order to present eternal
salvation. available to all men by faith in Jesus Christ.12 Tim 4-2).
We seek as members of the public to lead Christian lives as husbands and wives. parents,
children, employers. employees and neighbours. {Col 3.22-25. Col 4'.1}.
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 Scripture commands us to be good neighbour5 to others. and deal with all other people
lincluding former Brethren) openly, honestly and fairly and consistent with these principles, we
should give our time, talents and money to assist those in need in the wider community. in so
far as reasonable given our abilities and our available resources. (Matt 7.12. Matt 22.39, Eph
4'.281.
Volunteers
Brackley Fox Lane Gospel Trust relies on volunteers to carry out the management, administration and,
where appropriate, general maintenance work. The Trust has no paid staff or paid Trustees.
Fundin
Funding is sought through gifts and donations frorn the congregation. Grants are sometimes received
from other charitable trusts with complementary objectives. Gift aid is also claimed on relevant gifts.
Financial review
Financial
05ition
th
In the Year ended 5 April 2024 the Trust had a surplus amounting to £258,933 of Incoming Resources
against Resources Expended. In addition. a reduction in the value considered to apply to the Freehold
Property at Fox Lane, Brackley of £438,240 was deducted from Revaluation Reserve. Total voluntary
income received this year was £361,903 compared to £308,352 in the Year to S April 2023. Monies on
Bank Account at the year end totalled £39.198.
All Funds held were Unrestricted Funds.
Reserves
oli
The Trustees have considered the level of reserves theywish to retain. appropriate to the charity's needs.
This is based on the charity's size and the level of financial commitments. The Trustees have a programme
of raising further funds by way of donations and collections, and if necessary loans. in order to fund
activities and projects. The congregation is kept regularly informed of needs accordingly, including
rnatters referred to in the paragraphs below.
Free reserves at the year end were £Nil, but Finance was substantially available through the Loan Finance
provided.
Plans for Future Periods and Artivi
since the Year End
The Trust plans to continue all the current activities.

Page 5
BRACKLEY FOX LANE GOSPEI HALL TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5- APRIL 2024
CONTINUED
Plan5 for Future Periods and Artivi
since the Year End
The construction of the new Gospel Hall at High Cross, Syresham has been completed on 8 May 2024
and brought into use from that date. Costs for that project of a further £132,000 approximately have
been invoiced subsequent to these Accounts, and are subject to some further final accounting.
An offer for the sale of the Fox Lane Gospel Hall with adjacent bungalow is currently under consideration.
Pending such sale. repayment of the loan of £1,4(KI,LX)O from Central G.H. Trust commenced in August
2024 in accord with the loan agreement schedule, and funded by ongoing donations from Congregation
Members.
As stated under "Meetings" the Trust intends to continue using its Halls. as conditions permit, and
despite increased costs of energy and other overheads. the Trustees do not believe that any factors will
impact on the ability of the charity to continue as a going concern.
Statement of Trustees. Res
onsibilities
The Trustee5 are responsible for preparing the Report of the Trustees and the Financial Statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kin8dom Generally
Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011. Charity IAccounts and
Reports) Regulations and the provisions of the Trust Deed require the Trustees to prepare Financial
Statements for each financial year which give a true and fair view of the state of affairs of the Charity
and of the incoming resources and application of resources. including the income and expenditure. of
the charity for that period. In preparing those Financial Statements, the Trustees are required to
select suitable accounting policies and then apply them consistently:
observe the methods and principles in the Charity SORP-
make judgements 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 which disclose with reasonable
accuracy at any time the financial position of the Charity and to enable them to ensure that the Financial
Statements comply with the Charities Act 2011, the Charity (Accounts and Reportsl Regulations and the
provisions of the Trust Deed. They are also responsible for safeguarding the assets of the Charity and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
All transactions have been reviewed and approved by two Trustees.
On behalf of the board:
Toby Campion
Trustee
Date: 17th January 2025

PaEe 6
AUDITORS REPORT TO THE TRUSTEES OF BRACKLEY FOX LANE GOSPEL HALL TRUST
TH
FOR THE YEAR ENDED 5 APRIL 2024
Opinion
WÈ have audited the financial statements of Brackley Fox Lane Gospel Hall Trust Ithe'charitWI for the year
ended 5 April 2024 which comprise Statement of financial posf(Fon. statement of financial actrvities. cashflow
statement and notes to the financial statements. including signffjcant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and Untted Kingdom
Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable
in the UK and Republicof Ireland {Untted Kingdom General￿ Accepted Accounting PractKe).
In our opinion the financial Statements:
give a true and fair view of the state of the charivs affairs as at 5 April 2024 and of its incoming re-
sources and application of resources. including tts income and expenditure, for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordan￿ with International Standards on Auditing IUKI IISAS (UK)) and
applicable law. Our responsibilitie5 under those standards are further described in the auditor responsibilities
for the audit of the financial ststements section of our report. We are independent of the charity in
accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK,
including the FRC'S Ethical Standard. and we have ftjlfilled our other ethical reswnsibilities in accordance with
these reqU1￿MentS. We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.
Condu5ions relating to going Con￿rn
In auditing the financial statements, we have concluded that the trustees. use of the going concern basis of
accounting in the preparation of the financial statements is approprkate.
Based on the work we have perfom)ed, we have r)ot identified any material uncertainties relating to events or
conditions that, individually or collectivety. may cast signrficant doubt on the charivs ability to continue as a
going concem fora period of at least twelve months from when the financial statements are authorised for
issue.
Our responsibilities and the res￿nSibIlitieS of the trustees with respect to going con￿rn a￿ described in the
relevant sections of this report.
Other infomiation
The other information comprises the infomation induded in the trustees, annual report, other than the
financial statements and our auditorfs report thereon. The trustees are reswnsible for the other
information. Our opinion on the financial statements does not cover other infomiation and we do not
express any fom) of assurance conclusion thereon.
Our responsibility is to read the other information and. in doing so, consider whether the other information is
materially inconsistent with the financial Statements or our knowledge obtained in the course of the audit or
otherwise appears to be materialty misstated. If identfy such material inconsistencies or apparent material
misstatements, we are required to determine whetherthis grves rise to a material misststement in the
financial statements themselves. If, based on the work we have perfomied, we conclude that there is a
material misstatement of this other infomiation, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by e￿ption
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2(JJ8 require us to report to you rf. in our opinion:
the infomation gNen in the tn￿tee5, rep)rt is inconsistent in any material respect with the financsal
statements: or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accounting records,. or
we have not recerved all the information and explanatK)ns we require for our audit.

PaEe 7
AUDITORS REPORT TO THE TRUSTEES OF BRACKLEY FOX LANE GOSPEL HALL TRUST
TH
FOR THE YEAR ENDED S APRIL 2024
ReSpOr￿1b1lities of trustees
As explained more fully in the trusteeg respK)nsibilities statement set out on page 6, the trustees are
responsible for the preparation of the financial statements and for being satisfied that they give a true and fair
view, and for such internal control as the trustees detemiine is necessary to enable the preparation of financial
statements that are free from material misstatement. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitys ability to continue
as a going concern, disclosin& as applicable, matters related to going concern and using the going con￿rn
basis of accounting unless the trustees either intend to liquidate the charFty or to cease operations, or have no
realistic alternative but to do so.
Auditor responsibilities for the audit of the financial ststements
We have been aPF)ointed as auditor under sertion 144of the Chartties Act 2011 and rep)rt in accordan￿ wÈth
the Act and relevant regulations made or having effect thereunder.
Our objertives are to obtain reasonable assuran￿ about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an auditorfs rewrt that includes our
opinion. Reasonable assuran￿ is a high level of assurance, bLrt is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detect a material misstatement when tt exists. Misstatements can arise
from fraud or error and are considered material rf, indtvidualW or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Ilrregularities, including fraud. are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibiltties, outlined above, to detect material misstatements in respert of
irregularities, including fraud. The extent to which our procedures are capable of detecting ir￿gu￿arIties,
including fraud is detailed below:
Review of trustees minutes and review of nominal postings for legal and professional fees en-
sured we identified any regulatory compliance issues and laws that charity must follow in the
vear and to the date of signing the financial statements.
The a55e55ment of fraud wa5 consider as low due to the segregation of duties seen, the low
levels of cash handled. A review of journal entries and consideration of their appropriateness
was carried out through the audit.
During the audit we speak to trustees, test the systems and speak to various members of the
finance function to understand the entity its processes and the nature of trade to assist in de-
termining if the financial statements are true and fair.
Challenging assumptions made by management in making their significant accounting esti-
mates.
Reviewing financial statement disclosure and testing to supporting documentation to assess
compliance with applicable laws and regulations.
Legacies and Donations are reviewed to ensure no restriction on funds are required to be allo-
cated differently from the common funds.
Because of the inherent limttations of an audTt, there is a risk that we will not detett all irregularities, including
those leading to a material MI￿tateMent in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
refleLted in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities oCCu￿1ng due to frdud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.

Page 8
AUDITORS REPORT TO THE TRUSTEES OF BRACKLEY FOX LANE GOSPEL HALL TRUST
FOR THE YEAR ENDED 5" APRIL 2024
As part of an audtt in accordance wtth ISAS IUKI. we exercise professM)nal judgment and maintain professional
scepticism throughout the aLKlit. We also:
Identify and assess the risks of material misstatement of the financial statements. whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audtt evi-
dence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a
material misstatement resulting from fraud is higherthan forone resulting from error. as fraud may
involve collusion, forgery, intentional omissions, misrepresentations. or the override of internal con-
trol.
Obtain an understanding of intemal control relevant to the audÉt in order to design audit procedures
that are appropriate in the circumstances, but not for the purwjse of expressing an opinion on the
effectiveness of the charivs intern31 control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting esti-
mates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees. use of the going concern basis of accounting and,
based on the audit evidence obtsined, whether a material uncertainty exists related to events or con-
ditions that may cast significant doubt on the chariivs ability to continue as a going concern. If we
conclude that a material uncertainty exists, we are required to draw attention in our auditorf5 report
to the related disclosures in the financial statements or. rf such disclosures are inadequate, to modify
our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorfs
report. However, future events or conditions may cause the charity to cease to continue as a going
concem.
Evaluate the overall presentation, strurture and content of the financial statements, including the dis-
closures. and whether the financial statements represent the undedyin8 transactions and events in a
manner that achieves fair presentation lie. gives a true and fairviewl.
We communicate wtth those charged wtth governance ￿garding, among other matters, the planned scope
and timing of the audit and signifKant audit findings. induding any significant deficiencies in internal control
that we identify during our audit.
Use of our report
This report is made Sole￿ to the charitys trustees, a5 a body. in accordance WFth Part 4 of the Charities
{Accounts and ReF)0rts) Regulations 2(X)8. Our audit work has been undertaken so that we might stste to the
charitvs trustees those matters we are required to state to them in an auditorfs report and for no other
purpose. To the fullest extent pemiitted by law. we do not accept or assume responsibility to anyone other
than the charity and the charWs trusteesas a Ix)dy, forourauditwork, forthis report, orforthe opinions we
have fomied.
Lyndsay Nicholson ACA
Foran on behalfof
Riverside Accountonry Lancoster Limited
CharteredAccountants & StatutoryAuditor
Second Floor Riverside Offices
26 St Georges Quoy
Lancaster
LAI IRD
201oilz025.

Page 9
BRACKLEY FOX LANE GOSPEL HALL TRUST
STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 5 APRIL 2024
TH
Year to
05.04.2024
Total
Yearto
05.04.2023
Total
ALL ITEMS RELATE TO UNRESTRicfED
FUNDS
INCOME FROM
Contributions from the Congregation
Gift-Aid Donations
Income Tax Repayable on Gift-Aid
Payroll Giving
Other Donations and Sundry
Legacies
39,0(X)
81.474
20,369
41,640
74,321
18,580
1641
172,875
220,060
I,CK)O
TOTAL INCOMING RESOURCES
361,903
308,352
EXPENDITURE ON
PROPERTY RUNNING COSTS
Council Tax, Water and Sewerage
Light and Heat
Repairs. Maintenance and Security
Cleaning and Consumables
Telephone and Broadband
Insurance
Training
Professional Costs
Interest Payable
Sundry
Depreciation
1,843
13,958
4.022
1,190
1,126
2.988
1,163
1,564
975
102
6,590
1,050
3,029
5,541
112
883
2,738
35
975
195
522
35.521
15.080
OTHER CHARITABLE AcfiviTIES
Congregation Support
Congregation - Covid test kits
Costs in view of disposal of Fox Lane Hall
Conference Costs
Donated Services
GOVERNANCE Costs
Accountancy
Audit
Professional Support Costs
2,400
10.942
12.216
9,726
23,634
900
22.754
Note 8
10.728
3,230
4,164
3,041
2,995
3,150
4,429
TOTAL RESOURCES EXPENDED Note 9
102,970
61,940
NEf SURPLUS FOR THE YEAR
258,933
246,412
FUNDS BROUGHT FORWARD
(Excluding Revaluation Reserve}
REVALUATION RESERVE- Page 10
2,497,223
2.250,811
444,933
883,173
TOTAL FUNOS CARRIED FORWARD
3,201,089
3.380,396
The notes on pages 12 to 16 form a part of these Financial Statements. The above activities are classed
as continuing. In addition to the gains or losses included above, there was a reduction in the Revaluation
Reserve which is stated on the next page.

Page 10
BRACKLEY FOX LANE GOSPEL HALL TRUST
TH
REVALUATION RESERVE AS AT 5 APRIL 2024
Asat
05.04.2024
Asat
05.04.2023
REVALUATION RESERVE
Relating to Uplift in Value over Cost
of the Freehold Property at Fox Lane. Brackley
Value Brought Forward
883,173
983,173
Reduction in the Valuation for the Year
(438,240}
{1(K),C￿OI
As at the Year End
444,933
883,173

Page 11
BRACKLEY FOX LANE GOSPEL HAIL TRUST
BALANCE SHEET AS AT 5" APRIL 2024
Asat
05.04.2024
Asat
05.04.2023
Notes
TANGIBLE FIXED ASSETS
Freehold Pro
Per Schedule
Meeting Hall & Southview, Fox Lane. Brackley
Meeting Hall at Mallard Drive, Buckingham
Hall under construction at High Cross. Syresham
1.5&2
1,475,
148,764
2.710.741
1,913,240
152,870
1,255,685
4,334,505
537,252
3.321.795
1,566
Plant, Fittings and Equipment
TOTAL FIXED ASSETS
4,871,757
3,323,361
INVESTMENT
In Unistrutt Limited
CURRENT A55ETS
Debtors
Prepayments
Bank Accounts
20,369
39.277
39.198
18.580
126,248
135,743
98,844
280,571
LESS: CURRENT UABILITIES
Amounts Fallin
Due Within One Year
Creditors
Accruals
Unsecured Loans
{153,4701
17,5441
{379,5001
{8,290)
{6,748)
{208,5(KJ}
(540,5141
{223.538}
CURRENT ASSETS
LIABILITIES
1441,6701
57,033
TOTAL ASs￿s LESS CURRENT LIABIUTIES
4,430,089
3,380.396
LESS LIABILITIES DUE AFTER MORE THAN ONE YEAR
Unsecured Loan
{1.229.OCK))
NET ASSETS
3.201,089
3,380,396
Represented by:_
GENERAL UNRESTRicfED FUND
REVALUATON RESERVE
2,756.156
444.933
2.497,223
883,173
TOTAL FUNDS
12
3,201,089
3,380.396
The audited Financial Statements were approved and authorised for issue by the Trustees of Brackley Fox
Lane Gospel Hall Trust on the undermentioned date, and were signed on their behalf by
Toby Campion l Trustee
Date ir, January 2025
The Notes on Pages 12 to 16 form a part of these Financial Statements.

Page 12
BRACKLEY FOX LANE GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5- APRIL 2024
ACCOUNTING POLICIES
1.1 Basis of Financial Statements
The Financial Statements have been prepared in accordance with Accountin8 and Reporting by Charities:
Second edition of the Statement of Recommended Practice applicable to charities preparing their
Accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 102} issued in October 2019. the Financial Reporting Standard applicable in the United
Kingdom and Republic of Ireland {FRS 1021. and UK Generally Accepted Accounting Practice.
The functional currency of the Charity is Sterling l£}.
The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost or transaction value unless othenvise stated in the relevant accountinE policv
notes.
1.2 Incomin
Resources
Donations are recognised in the Year in which the Charity is entitled to and certain of receipt and the amount
can be measured with reasonable certainty. Income isonly deferred when the charity has to fulfil conditions
before becoming entitled to itorwhere 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 statements when organisations
or individuals offer their services and support pro bono. The value of these donated services is considered
to be equal to market value which would be paid were the service formally procured. This includes services
paid to or by otherTrusts. Investment Income is accounted for on a receivable basis.
1.3 Resources Ex
ended
Expenditure is included on an accruals basis. Liabilities are recognised as soon as there 15 a legal or
constructive obligation committing the charity to pay out resources. Charitable activities comprise those
costs directly attributable to the fulfilment of the Charitable objects.
1.4 Governance costs
Support costs have been allocated between governance costs and other support costs. Governance costs
comprise all costs involving the public accountability of the Charity and costs related to statutory
requirements. Governance and support costs are allocated as stated in Note 9 ofthese Financial Statements.
1.5 Tan
ible Fixed Assets and De
Freehold Pro
The Freehold Property at Fox Lane, Brackley, had been revalued at 5 April 2023 with an uplift over cost to
that date of £883,173 having been credited to Revaluation Reserve. A reduction in the realisable value now
reciation
th
th
expected of £438.240 has been dedurted therefrom at 5 April 2024. From this year depreciation at 4% per
annum has been charged in respect of the Meeting Hall at Mallard Drive. Buckingham. The resultant values
in each case reflect the opinion of the Trustees supported by informal advice by qualified Property Agents.
The Property at High Cross, Syresham is stated at cost in view of its ongoing development, completed
subsequently.
Plant Fittin
sandE
ment
These items incorporated into the New Hall at High Cross, Syresham will not be depreciated until brought
into use. The remaining items are depreciated at 25% per annum on a reducing balance basis.
1.6 Taxation
The Trust is 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 13
BRACKIEY FOX LANE GOSPEL HAII TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5- APRIL 2024
CONTINUED
ACCOUNTING POLICIES - CONTINUED
1.7 Funds
All Funds are General Unrestricted Funds and are free for the Trustees to use for any purpose in furtherance
of the Trust's charitable objects.
1.8 Goin
Concern
The Trustees considerthat there are no material uncertainties about the charitys abilityto continue as a going
Concern. The Trustees do not consider that there are any sources of estimation uncertainty at the reporting
date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities
within the next reporting period.
2. TANGIBLE FIXED ASSETS
a. These comprise
Plant,
Fittings and
ui
Freehold
Pro
Total
COST OR VALUATION
As at 06.04.2023
Additions in Year
Reduction in Valuation in Year
3,321.795
1,457.148
1438,2401
17.238
536,078
3,339,033
1,993,226
(438,2401
As at 05.04.2024
4,340,703
553,316
4.894,019
DEPRECIATION AND IMPAIRMENT
As at 06.04.2023
Charge for Year
15.672
392
15,672
6,590
6.198
As at 05.04.2024
6,198
16,064
22,262
NET BOOK VALUE
At 05.04.2024
4,334.505
537,252
4,871,757
At 05.04.2023
3,321,795
1.566
3.323,361
b. FREEHOLD PROPERTY
Comprises'.-
Meeting Hall
& "SoUthvie￿.
Fox Lane
Brackle
Hall under
construction
High Cross
resham
Meeting Hall,
Mallard Drive
Buckin
ham
Total
COST OR VALUATION
As at 06.04.2023
Additions in Year
Reduction in Valuation in Year
DEPRECIATION- For Year
1.913,240
152,870
2,092
1,255.685
1,455,056
3,321,795
1,457,148
1438,2401
(6,1981
1438.240)
16,1981
As at 05.04.2024
1,475.00)
148,764
2,710,741
4.334,505
The historic cost of the Freehold Property at Fox Lane, Brackley comprises'.-
Original cost of Meeting Hall
Cost of addition of "Southview" in 2022
516,827
513,240
The Meeting Hall and the Property"Southviev/' at Fox Lane are considered to now comprise one site. which is
offered for sale.

Page 14
BRACKLEY FOX LANE GOSPEL HAIL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5- APRIL 2024
CONTINUED
c. HALL UNDER CONSTRUCTION- HIGH CROSS SYRESHAM
Total Costs to 05.04.204 are:_
Freehold Property
Plant, Fittings and Equipment therein
2,710,741
536.078
3.246,819
d. The Land Registry Title Numbers of Freehold Property Owned are:_
Meeting Hall. Fox Lane, Brackley-.
NN136036
Property- Southview. Fox Lane. Brackley:
NN276763
Meeting Hall, Mallard Drive, Buckingham:
BM390826 and BM433898
Property and Land. High Cross. Syresham-
HN15568; HNI59￿ and NN352917
3. INVESTMENT: IN UNISTRucf LIMITED
The Trust holds 2 £1 Ordinary Shares in Unistruct Limited, being the entire Issued Share Capital. This
Company has been formed for the purpose of undertaking the construction of the New Meeting Hall at
High Cross, Syresham.
4. UNSECURED LOAN
th
As at S April 2024 Unsecured Loans include the following from Central G.H. Trust,
which is a Gospel Hall Trust with wider geographic objectives.
Current Liabilities
Amount falling due Within One year
171,000
Liabilities Due after more than One Year
Due within Year 2
Due within Years 3-5
Due after Year 5
223.2(J)
806,600
199.200
1,229,OC
Owed to Central G.H. Trust as at 05.04.2024
1,400,OCK)
In the event of the sale of the Fox Lane Gospel Hall the sum of £1,2(X).O(X) is repayable within one month
of completion, and the remaining £2LJ).LM) within 10 months of completion, (or the respective
outstanding balances, if less)
5. TRUSTEES, REMUNERATION AND EXPENSES
No Trustees received any remuneration for services rendered. Expenses incurred were reimbursed, if
applicable, at cost, with no benefit whatsoever arising to the recipient.
6. EMPLOYEES
The Trust had no Employees in this year or the preceding year.

Page IS
BRACKLEY FOX LANE GOSPEL HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5- APRIL 2024
CONTINUED
7. VOLUNTEERS
The Trust relies on volunteers to carry OLJt Management. Administration and certain Maintenance work.
8. DONATED SERVICES
These were:_
Yearto
05.04.2024
Year to
05.04.2023
To Cherwell Gospel Hall Trust
For Meeting Hall Running Expenses
22,754
10.728
9. RESOURCES EXPENDED PER STATEMENT OF FINANCIAL AcfiviTIES
Year to 05.04.2024
Property
Other Charitable
Runnin
Costs
Activities
Year
to
05.04.2023
Totals
Direct Costs
Support Costs
Governance Costs
35,521
2,21JJ
5.345
57.014
841
2,049
92,535
3.041
7,394
51,366
4.429
6,145
43,066
59,904
102,970
61,940
Governance and Support Costs are allocated on the basis of relevant involvement
10. AUDIT AND INDEPENDENT EXAMINER'S FEES
These were:_
Year to
05.04.2024
Year to
05.04.2023
Audit Fees
4.164
3,150
11. POST BALANCE SHEET EVENTS AND CAPITAL COMMITMENTS
th
The construction of the new Gospel Hall at High Cross, Syresham has been completed on 8 May 2024
and brought into use from that date. Costs for that project of a further £132,lJ)O approximately have
been invoiced subsequent to these Accounts, and are subject to some further final accounting.
An offer for the Sale of the Fox Lane Gospel Hall with adjacent bungalow is currently under consideration.
Pending such sale, repayment of the loan of £1.4￿,[￿￿) from Central G.H. Trust commenced in August
2024 in accord with the loan agreement schedule.
No fresh capital commitments have been entered into up to the date of signing these Accounts.

Page 16
BRACKLEY FOX LANE GOSPEL HALI TRUST
TH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
CONTINUED
12. MOVEMENT IN FUNDS
Opening
Balance
Incoming
Resources
Resources
Ex
ended
Closing
Balance
TH
YEAR TO 5 APRIL 2024
Unrestricted Funds
General Fund
Revaluation Reserve
2.497,223
883,173
361,903
{102,970)
{438.240)
2,756,156
444.933
Total Funds
3.380.396
361,903
{541,210)
3,201,089
YEAR TO 5- APRIL 2023
Unre5trirted Funds
General Fund
Designated Fund
Revaluation Reserve
2.250.811
305.952
2,400
(59.540)
I2.4￿)}
{I(KI,OQKJ}
2,497,223
983.173
883,173
Total Funds
3.233.984
308.352
{161.940)
3,380.396
th
The former Designated Fund ceased during the year to 5 April 2023.
There were No Restricted Funds at any time in the 2 Years to 5, April 2024.
13. RELATED PARTY TRANSAcfioNS
The following transactions are reported..-
Asat
05.04.2024
Asat
05.04.2023
lal Loans to the Trust- Interest free unless otherwise stated
By Probox Systems L.L.P.
lof which Mr. Simon P. Wells is a Partner)
Loan bearin
Interest
IY2%
er annum
By immediate relative of Trustee las defined)
100,c
I￿,000
65,OCM)
65,OCX)
165.000
165.000
Interest Paid on the latter mentioned borrowing was £975 in the Year to 05.04.2024; and £975
in the Year to 05.04.2023.
Ibl Donations Received
Donations were received from Trustee5. and parties connected
thereto, in the following totals:_
Year to
05.04.2024
Year to
05.04.2023
101.248
97.916
ments to Unin5truct Limited (See Note 3)
Costs incurred relating to Meeting Hall construction were-.
Year to
05.04.2024
Year to
05.04.2023
1,972,124
244,372
Deposits towards future costs of £37.3IXI were also included in Prepayments at 05.04.20241£123,3QKI at
05.04.2023).

# Brackley Fox Lane Gospel Hall Trust Public Benefit and Outreach 2023/24 



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 continues to maintain its outreach activities. 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 

|**Summary;**||||
|---|---|---|---|
|_Place_|SUM of No. Preachers|SUM of No. Tracts|SUM of Interested Persons|
|Banbury|5|5|0|
|Brackley|469|517|8|
|Buckingham|238|140|0|
|**Grand Total**|**712**|**662**|**8**|





## Contact and support 

Some members of our Congregation assisted the Rapid Relief Team charity in the following work. This outreach work was majorly curtailed due to the Covid Pandemic. However we did take part in the 4 events below: 

## **7[th] September 2023** 

500 meals across breakfast and lunch for Fire service and volunteers at a Major incident training exercise at Wescott. 

## **17[th] July 2023** 

Supported a Search & Rescue training Exercise with breakfast and lunch – 200 meals. As well as grab bags donated for the final day of the exercise 



## **5[th] July 2023 –** 

Meals for all staff at the Horton Hospital, Banbury, as part of a staff appreciation day at the hospital – over 500 meals served 

## **December 2023 –** 

SmartRRT bars and food boxes donated to Waynflete School in Brackley