REGISTERED CHARITY NUMBER: 1159952 ort of the Tr ees and Unaudited Financial Statements for the Year Ended 5 A ri12024 for New Gos el Hall Trust Sandra Thurgood FCCA FMUT ATT Bsc 3 Dells Lane 8iggleswade Bedfordshire SG18 8LP
New Gos el Hall Trust Contents olthe Financi lor the Year Ended 5 stst&menls Page Referen¢e and Adminislralive Details Report of the Trustees Independent Examiner's Report Slalemènl of Financial Activities Balance Sheet Notes to the Financial Slalements 9 10 13 Detailed Slalemenl of Financial Activities 14
New Gos el Hall Trust Refern and Adminislralive Details for the Year Ended 5 ril 2024 TRUSTEES R C Kingston K Allen (resigned 30.10.241 N Baxter C Barnes Ir&signed 30.10.241 H M Tuffin VV Edwards lappoinled 30.10.241 E Remminglon lappoinled 30.10.241 PRINCIPAL ADDRESS Frylh House Bushfield Road Bovingdon Hertlordshire HP3 ODR REGISTERED CHARITY NUMBER 1159952 INDEPENDENT EXAMINER Sandra Thurgood 3 Dells Lane Biggleswade Bedlordshire SG18 8LP FCCA FMAAT Arr Bsc CHAIRMAN H M Tuffin Page 1
Now Gospel Hall Trust Report ofthe Tru5tee5 for the Year Ended 5 ril 2024 The Trustees present Ihttir report along with the financial slalemenls of the Charity for the yèar ended 5 April 2024. The financial stslemenls have been prepared in a¢¢ordan¢e with the a¢¢ounling policies sel out on page 9-13 and comply with the Trust Deed and applicable law. OBJECTIVES AND ACTIVITIES Objectives and aims The ¢harilable purposes of the Charity are the advancernent of the Christian religion for the public benefit, in¢luding by the carrying on ol the service of God in accordance with the Old and New Teslamenls of the Holy Bible as followed by those Christians forming part of the world-wide fellowship known as the Plymouth Brethren Christian Church Ilhe 'Brelhren l and any other charitable purposes ¢onne¢led with Brethren. The core doctrine of the Brethren and proper praclices in furtheran of certain aspects ol doctrine are summaiised in two s¢hedules lo the Trust Deed. Main activities and achievements The Trust provides and maintains Gospel halls where religious meetings are held by the local Brethren community. Details of the origins, teachings and way ol life of the Brethren can be found on the website w.plYmOU1hbrelhr&nChrls1lanchUrch.Org and in the schedules lo the Trust Deed. Meetings Meetings held al the Gospel halllsl would normally include the Lord's Supper (Communion), Gospel prea¢hings, Bible readings and Bible addresses. There is a slruclured weekly schedule ot meetings and. depending on the particular meeting, between 50 and 500 people normally allend these occasions. The meetings are allended by the regular congregation and mosl are open to other properly disposed visitors. The notice board outside the Hall welcomes visitors and displays the limes of Gospel preachings, along with a telephone number for Ihose seeking further information or help. Gospel tracts, which are distributed by slreel prea¢httrs, also display this information. Bibles alld an extensiv& range of other Christian reading material are on display al the halls and visitors are free lo help themselves. Spreading the Gospel message and the life of a Christian The Gospel halls are a base from which the re9ular congregation and others who allend the meetings are en¢ouraged to spread the Christian Gospel, in word and deed. Members of the congregation participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity to such preachers to be handed out lo interested members of the public. Bibles and an extensive range of other Christian reading material is on display at the Hall. lo which visitors are free lo help themselves. One ol the Trust's principal aclivities that fLJrther ils objectives is providing a facility for the coordination of 'oulr&ach' work into the wider ¢ommunily. This report includes some of the things that we have been engaged in during 2023-24 Gospel tracts and literature available from the Gospel Hall The Trust maintains a stock and display of gospel Iracls, lileralure and Bibles in the foyer of our main Gospel Ha11 and this fact is advertised on the sign board al the street entrance. Street preachings and Gospel tra¢t dlstributlon Regular open air preachings are held in the maiket square of Hemel Hempstead on weekdays. Supporting thè Rapid Reli&f Team charity Volunteers from our congregation support the work and manage local events for a separate charity, the Rapid Relief Team. in the Wesl Hertfordshire and North London area. Plans for Futurè Periods Despite the increased cost of energy and services, the Iruslees feel that these increased costs are not signili¢anlly impacting on the ability of the charity lo continue as a going concem. Page 2
N8w Gos el Hall Trust ort of the Trustee5 for the Year Ended 5 April 2024 OBJECTIVES AND ACTIVITIES Public benefit The trustees of New Gospel Hall Trust confi'rm that they have corllplied with their duty under section 4 of the Charities Acl 2011 to have due regard lo the Charity Commission's general guidance lo charities on public benefit. The life of a Christian In carrying out this work. the congregation considers itself lo be living out ils faith in practice, as particularfy exemplrfied in the following exiracl from the schedule lo the Trust Deed on living a Christian life.. 1. We seek and are encouraged lo live exemplary lives in all our relationships with others in the wider community (including former Brelhrenl, in accordance with the teachings of Holy Scripture11 Tim 2."21 2. We regulady go OLJI from our homes lo preach on the streets, lo disliibule Christian literature and engage with the wider ¢ommunily lincludin9 former Brethren) in order lo present eternal salvation. available to all men by faith in Jesus Christ.12 Tim 4'.21. 3. We seek as members of the public lo lead Christian lives as husbands and wives, parents, children, employers. employees and neighbours. (Col 3'.22-25, Col 4'.11. 4. The preservation and protection of the family unit is fundamental and children are prized as a blessing from God. (Psalm 127..3-51. The eldedy are valued members of the community. for whom both their family and the wider community are expected lo care. 5. Holy Scripture commands us to be good neighbours lo others, and deal with all other people lincluding former Brelhrenl openly, honestly and faidy and consistent wilh these principles, we should give our lime. talents and money to assist those in need in the wider community, in so far as reasonable given our abilities and Dur available resources. IM8117'.12, Matt 22.'39, Eph 4.'281. FINANCIAL REVIEW Financial position In the year ended 5 April 2024, the Trust had a modest delicil of in¢oming resources over resour$ expended, The deliGil was due lo an increase in donated services lo pay for maintenance costs and improvements lo gospel halls supported by the Trust. Total voluntary income rwived this year was £139,148 compared lo £154,749 in the previous year. All funds held were unreslricled funds. Principal funding sources Funding is soughl throLJgh gifts from the congregation and Gift Aid 15 claiTned on eligible donations. Funding is sometimes received from other charitable trusts with complementary objectives. Page 3
New Gos 81 Hall Trust Report ofthe Tru51ees for th8 Year Ended 5 April 2024 FINANCIAL REVIEW Reserves policy The Trustees have considered the level of reserves they wish lo relain, appropriate lo the charity's needs. This is based on the ¢harily's size and the level of financial commilmenls. The policy is lo have a level of reserves that meet ils ongoing commitments for al least six months. The Trustees aim lo ensure that the Charity will be able lo continue lo fulfil ils charitable objectives even Ff there is a temporary shortfall in income or unexpected expenditure, by raising a funds appeal. The Congregation is kept regularly informed as lo particular needs for funds, and other relevant matters and the Trustees aim lo ensure that the Charity will be able lo continue lo fulfil ils charitable objectives &ven if there is a temporary shortfall in income or unexpected expenditure, by raising a funds app&al lo thè congregation. Furthermore the size of the congregation is increasing and the Trustees are actively looking for anc>lher gospel hall in the area. Funds are being accumulated for this purpose resulting in an increase in reserves and the holding of a cash balance that is higher than the ongoing six month commitment. Free reserves al the year end were £539,97412023 '. £536,144]. 11 is anlicipaled that thes6 will be used lo acquire further gospel halls in the local area. STRUCTURE. GOVERNANCE AND MANAGEMENT Govorning documènt New Gospel Hall Trust is an unincorporated trust consliluled by a Deed of Trust dated 20 October 1978, amended by various Deeds and most recently by Deed ol Variation dated 13th February 2014, The Trust was registered with the Charity Commission for England and Wales on 15th January 2015 under Charity Registration Number". 1159952. Recruitment and appointment of new trustèes The names of the Trustees who have served during the year and since the year end are sel out on page 1. None of the Trustees, nor any person connected with them, received any remuneration and one Iruslee receiv expenses amounting lo £22 12023..£1061. another Trustee received reimbursement of expenses amounting lo £600 during the year, and another Iiuslee provided materials for maintenance amounting lo £7,807 12023. £9,600] during the year. Induction and training of new trustees The Trust operates 2 Gospel halls and Trustees are chosen from among the iegular congregation of the halls. New TrLJStees are nominaled by th& existing Trustees or by the congregation and musl be appointed by unanimous resolution ol the congregaliori. They ale selected according lo their skills and experience and are expected lo use both in furthering the objects of the Charity. Checks are made lo ensure the Trustees, eligibility lo a¢1 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 wtth a view lo pooling experience considered useful in pursuing the obje¢ls of the Charity. The Charily may pay invoices for Charities and Trusts in the local area of similar purposes, Iheso include Sandringham Gospel Hall Trust. Heath Gospel Hall Trust and Streamside Gospel Hall Trust. The Irusl maintains particular links with the Sandringham Gospel Hall Trust, Heath Gospel Hall Trust and Slreamside Gospel Hall Trust, with which il shares members of ils congregation. Risk management The Trustees have identified and reviewed the major risks lo which the charity is exposed and confirm that they have established systems or procedures lo manage and miligale those risks. Page 4
Npw GosLel Hall Trust h TrJslee$ the Y&8r Ended 5 Ststement ol trustse8' responsibilities The Iruslees a responsitsle loi preparing the Tiustees. Annual Report and the financial statements in ac£ordance with applicable law and United lQngdom Accounting Standards Iuniled Kingdorn Generally Accepted Accounting Praclicel. The law applicable to charities in England & Wales requires the trustees to prepare financial slalemenls for each financi81 year which gnie a tru8 and fair view of the state of affairs of the d)arily and of the incoming re50uices and applicalion of resources of the charity for that period. In prèparing these financial slalemenls. the IIustee5 are required to.. select suitable accounting Policies and then apply them consisl8nlly,' obseNe the methods and principles In the Charities SORP IFRS 1021., makejudgement5 ests"males that a reasonable and prudent", slate whether applicable attounlin9 stsndards have been lolk)wed, subject lo any materlal departures di5cIo88d and explained in the financial slalem8nls-. prepare th8 financial slatamanls on th8 going concern basis unless il 1$ Inappropriate lo presume that the chaiity will ntinu8 in oper8ti0n. The Iruslees are sponsible for keeping proper accounting COrdS that disclose th reasonable accuracy al any lime the financial position of the charity and enable them to ernsU that the finantsal slalemenls comp with the Charities Act 2011, th8 Chari118s (Accnunls and Reports) Regulations 2008 and the provisions of the trust deeis. They are also responsible foi safeguarding the asset8 of the charity and hence for taking reasonable steps for the pievenlion and detection of fraud and other irr8gularities. All Iransadions have been reviewed and approved by two Iru$l&8s. Approved by order of the board ofttuslees on.....*l....... aftbA£Y..2sand Saned on ils behalfby.. ingston- Tru8 Page 5
IndeJ)811denl Examinerfs Rei)ori to the Trustees ol N8w Gospd Hall Trust Independont examinèr's report to the trustees of Nèw Gospel Hall Trust I reporl to tlie charity Iruslees on tny 6xamination of the accounts of New Gospel Hall Trust Ilhe Trust) for the year ended S April 2024. Responsibllitles and basls of rgport As the charily trustees of the Trust you are responsible for the preparation ol the a¢counls in accordance with Ihe requiretnenls ol the Charities Act 20111'the Acl'l. I r@port in respect of rny exaTninalion of the Trust's accounls carried out under Section 145 of tho Act and in carrying out my examination I h8ve followed All appllcable Directions glven by the Charity Cornmission under Section 14515llbl ol the Act. Indèpendent examin8rfs statement I have completed ffly exarninalioll. I confirm that no material malters have come to my attention in conngclion ilh the examination giiing me cause to believe that In 8ny materi81 speCt.. accounting records were not kept In respeol of the TtU51 as required by Sectw)n 130 01 the Act., or Ihe accounts do not aocord with Ihose records., or the accounts do not comply wth the applicable requirements concerning the form and content ol 8ccounl8 sel out in the Charilies (Accounts and Reports) Regulxlions 2008 other than sny requiretnenl that th& accounts give a true and fair view which is not a rnaller Gonsidered as part 01 an independent exarninati'on. I have no concerns 8nd have come across no olher matters in connection with the examination to which attention should be drawn in thi5 report in order lo enable a pioper und8r5tanding ol the accounts lo be reached. Sandra Thurgood 3 Oells Lane Biggleswade Bedfordshire SG18 8LP £Yol ZOL FCCA FMAAT ATh Bsc D81@'. P89e 6
New G05 el Hall Trus Statement of Financial Activities foi the Year Ended 5 A ril 2024 5.4.24 Total funds 5.4.23 Total funds UTrreslri¢led fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 139,148 139,148 154,749 Investment income 11,210 11,210 2,154 Total 150,358 150,358 156,903 EXPENDITURE ON Charitable activities Running gospel halls Depreciation Other activities Governance costs Donated SeNices 47,788 39,900 14,408 6,248 66,185 47,788 39,900 14,408 6,248 66,185 113,937 33,672 11,622 5,434 15,841 Total 174,529 174,529 180,506 NET INCOMEIIEXPENDITUREI 124,1711 124,1711 123,8031 RECONCILIATION OF FUNDS Total funds brought forward 2,612,847 2,612.847 2.636,450 TOTAL FUNDS CARRIED FORWARD 2,588,676 2,588,676 2.612,847 The notes form part ol these finanual statements Page 7
I0pLgT 6.4.24 5.4.23 Unre8trfcied fund ReslriBied lund fund$ Notes FIXED ASSETS Tanglble as$els 2,048,702 2,048,702 2,076,703 CURRENT ASSETS Deblors Cash al bank 11,5 530,897 11,985 530,897 11,425 528,2e8 542,862 642,862 537.693 CREDITORS Amounts falling due 1h one year 10 12,8861 12,8881 11,5191 NET CURRENT ASSETS 539.074 539,974 536.144 TOTAL ASSETS LESS CURRENT LIABIUTIES 2.588,876 2,588.678 2.612.847 NET ASSEYS 2.588,876 2,588.676 2.612,847 FLINDS Unreslrl¢led funds 2,588.676 2,812,847 TOTAL FUNDS 2,588.676 2,612,847 The finan¢ig1 slalemenls were approved by the Board of Trustee¥ And OU)rfS8d lor issue on JY......ElftA*4. ..%&... and ware signed on Ils beh8llby.' ngston- T Tho Doie$fomi partollho86financla1 stalement5 Pa98 8
New G05 81 Hall Trust Notes to the Financial Statements forth8 Ye&1 Ended S A ril 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial slalemenls of the charity, which is a public benefit entity under FRS 102, have been prepared in accordan¢e with the Charities SORP IFRS 102) 'Accounling and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffe¢live 1 January 20191., Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial stalemenls have been prepared under the historical cost convention. Income All income is recognised in the SlalÈmenl of Financial Aclivilies once the charity has enlillemenl lo the funds, il is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are re¢ognised as expenditure as soon as there is a legal or constructive obligation ¢ommilling the ¢harily lo that expenditure, il is probable that a transfer of economic benefits will be required in selllemenl and the amount ol th& obligation can be measured reliably. Expenditure is awounled for on an a¢crua15 basis and has been classified under headings that aggregate all ¢osl related lo the category. Where costs Cannot be directly allribuled lo particular headings they have been allo¢al6d lo a¢livÈties on a basis consistent with the use of reSoUrs. Tangible fixed assets Depreciation is provided at the following annual rates in order lo write off each asset over ils estimated useful life. Freehold property Improvements lo property Plant and Equipment 10/0 on c051 and not provided 100/0 on cost 250k on reducing balan Taxation The charity is exempt from lax on its ¢harilable aclivilies. Fund accounting Unreslricled funds can be used in accordan¢e with the Charitable objectives al the discretion of the Iruslees. Restricted funds can only be used for particular reslricled purpos&s within the objects ol the charity. Reslriclions arise when specified by the donor or when funds are raised for particular reslricled purposes. Further explanation of the nature and purpose of each fund is in¢luded in the notes to the financial sialemenls. DONATIONS AND LEGACIES 5.4.24 5.4.23 Gift aid donations Other donations Income lax refunds Contributions from the congregation Donated services and facilities Payroll Giving 53,820 15,272 13,456 47,918 990 7,692 44,010 3,715 11,003 88,195 990 6,836 139,148 154,749 Page 9 ¢ontinued...
New Gos 81 Hall Trust Noles to th8 Financi21 St8tements- continued lor thè Year Ènde(15 April 2024 INVESTMENT INCOME 5.4.24 5,4.23 Depos11 account interest 11,210 2.154 CHARITABLE ACTIVITIES COSTS Dir8Ct Co8t8 Support costs Totals Running gospel halls Depreciation Other activities Goverriance costs Donated Services 44,712 39,900 7,677 3,076 47,788 39,900 14,408 6,248 66,185 6,731 6,248 66,185 158,474 16,055 174,529 TRUSTEES, REMUNERATION AND BENEFITS There were no Iruslees, remuneration or other benefits for the year ended 5 April 2024 nor for the year ended 5 April 2023. Trustees, expenses During the year one Iruslee received expenses amounting lo £22 12023.. £1061, another Iruslee received reimbursement of expenses amounting lo £600, and another trustee provided materials for Maintenan of the halls through his company amounting to £7,80712023'. £9,600]. DONATED SERVICES Costs incurred in respect of donated serwces during the year were as follows.. Sandringham Gospel Hall Trust.. £44,374 12023.. £7,576] Heath Gospel Hall Trust £11,482 12023. £3,617] Streamside Gospel Hall Trust £6,702 12023.. £4.6491 VOLUNTEERS New Gospel Hall Trust relies entirely on volunteers lo carry out the management, adminislralion and general Maintenan work. The Trust has no paid staff or paid Tiuslees. Page10 continued...
New Gos 81 Hall Trus Notes to the Financial Statements- continued for th8 Year Ènded 5 Apnl 2024 TANGIBLE FIXED ASSETS Improvement$ Freehold prop&ty Plant and Equipment property Totals COST Al 6 April 2023 Additions 2,126,503 293,358 121,281 11,900 2,541,142 11.900 Al 5 April 2024 2,126,503 293,358 133,181 2,553,042 DEPRECIATION Al 6 April 2023 Charge for year 141,141 14,912 221,430 17,161 101,868 7,828 464,439 39,901 Al 5 April 2024 156,053 238,591 109,696 504,340 NET BOOK VALUE Al 5 April 2024 1,970,450 54,767 23,485 2,048,702 Al 5 April 2023 1,985,362 71,928 19,413 2,076,703 Land Registry Tille Nos. HD556634 Shanlock Hall Lane HD247904 Blackwaler Lane DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 5.4.24 5.4.23 Gift Aid lax re¢overable Prepayments and a¢¢rued income 8,121 3,844 7,783 3,642 11,965 11,425 10. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 5.4.24 5.4.23 Trade creditors Other creditors 2,887 1,550 2,888 1,549 11. MOVEMENT IN FUNDS Net movement in funds At 5.4.24 At 6.4.23 Unrestricted funds General fund 2,612,847 124.171} 2.588,676 TOTAL FUNDS 2,612,847 124,171} 2,588,676 Page11 nlinued...
N8w Go8 81 Hall Trust Notes to the Financial Statements- ¢onlinued for th8 Year Ended 5 April 2024 11. MOVEMENT IN FUNDS- continued Nel movement in funds. included in the above are as follows.. Incoming resourcgs Resour$ expended Movement in funds Unrèstricted funds General fund 150,358 1174,5291 124.171} TOTAL FUNDS 150,358 1174,5291 124,1711 Comparatives for movem&nt in funds N8t movem8nt in funds Al 5.4.23 At 6.4.22 Unrestricted funds General fund 2,636,450 123,6031 2,612,847 TOTAL FUNDS 2,636,450 123,6031 2,612.847 Comparative nel movement in funds, included in the above ale as folk)ws'. Incoming sour5 Resour(5 expended Mov8m8nt in funds Unrestricted funds General fund 156,903 1180,5061 123,6031 TOTAL FUNDS 158,903 {180,5(EI 123.603) A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 5.4.24 At 6.4.22 Unrestricted funds General fund 2,636.450 147,7741 2,588,676 TOTAL FUNDS 2,636.450 147,7741 2,588,676 Page 12 continued...
New Gos l Hall Trust Notes to the Financial Statements- continued lor the Year Ended 5 A ril 2024 11. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined nel movement in funds. included in the above are as follows.. Incoming le5our(S Resour$ expended Movement in funds Unrestricted funds General fund 307,261 {355,0351 147.7741 TOTAL FUNDS 307,261 1355,0351 147,7741 12. RELATED PARTY DISCLOSURES Donated services valued al £99012023 £9901 for accounting were provided by a brother ol K Allen one of the Trustees. Aggregate donations lo the Trust reiVed from Trustees and related parties during the year amounted 10 £9,68012023.' £15,310]. Security equipment amounling lo £7,69212023.. £6,660] was supplied by 2 company part owned by a bother of N Baxter one of the Trusletts. Reimbursement of expenses incurred for maintenance of one of the halls amounting lo £196 12023.. £2,707] was paid to a brother of H Tuffin one of the Trustees. Page 13