|CONTENTS||||
|---|---|---|---|
||||Pages|
|Reference and administrative||details||
|Report ofthe Trustees|||2-5|
|Auditor's
Report|||6-8|
|Statement of Financial|Activities||9- 10|
|Balance Sheet||||
|Notes to the Financial|Statements||12 - 17|
##
|~cd|ii||||Reading Gospel|Hall Trust|Hall Trust|
|---|---|---|---|---|---|---|---|
|Re|istered||charit|number|1159954|||
|Trustees|||||Richard James Hearn|||
||||||Roger David Humphreys|||
||||||Andrew
Keith Parsons||(Chair)|
||||||Howard Tennent|||
||||||Charles Andrew|White||
|Treasurer|||||Charles Andrew|White||
|~di|i|i|dd||C/0 Charles Andrew White,|||
||||||62 Wokingham|Road,||
||||||Crowthorne,|||
||||||Bracknell,|||
||||||Berkshire|||
||||||RG45 7OA.|||
|Accountant|||||Keith F. Pavey,|||
||||||Broadoak Accounting||Services,|
||||||6The Oaks,|||
||||||Wembdon
Rise,|||
||||||Bridgwater,|||
||||||Somerset,|||
||||||TAB 7'.|||
|Auditor|||||Pareto Analysis|Limited,||
||||||23 Wadham
Street,|||
||||||Weston-super-Mare,|||
||||||BS231JZ.|||
|Bankers|||||Lloyds Bank,|||
||||||Broad Street,|||
||||||Reading,|||
||||||Berkshire,|||
||||||RG1 2BT.|||
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|||||Year to|05.04.2023||Yearto|
|---|---|---|---|---|---|---|---|
|ALL ITEMS RELATE TO UNRESTRICTED||||General
Designated|||05.04.2022|
|FUNDS||||Fund
f|Fund
f|Tota
If|Totalf|
|INCOME FROM||||||||
|Company
Donations||||152,460||152,460|151,560|
|Contributions
from the Congregation||||98,150|850|99,000|84,000|
|Gift-Aid Donations||||57,870||57,870|64,005|
|Income Tax Repayable||||14,468||14,468|16,001|
|Other Donations
and Sundry||||1,295||1,295|1713|
|Payroll
Giving||||1,477||1,477|1,482|
|Gifts Received from Other|Trusts|||0||0|1,800|
|Bank Interest Received||||2,755||2,755|103|
|Overage Receipt- previous|property||sale|0||0|29,411|
|Surplus on Disposal of Property||||101,798||101,798|0|
|TOTAL INCOMING
RESOURCES||||430,273|850|431,123|350,075|
|EXPENDITURE ON||||||||
|MEETING HALL RUNNING|COSTS|||||||
|Rates and Water||||305||305|(532)|
|Light and Heat||||16,248||16,248|12,953|
|Repairs and Maintenance||||19,276||19,276|13,477|
|Maintenance
ofGrounds||||6,943||6,943|6,154|
|Cleaning
and Consumables||||5,217||5,217|1,854|
|Telephone
and Broadband||||947||947|596|
|Insurance||||3,605||3,605|3,389|
|Health and Safety Costs||||5,900||5,900|1,383|
|Profess iona
I Expenses||||35||35|35|
|Equipment
Hire||||834||834|0|
|Sundry||||282||282|60|
|Depreciation||||180,941||180,941|220,531|
|||||240,533||240,533|259,900|
|OTHER CHARITABLE ACTIVITIES||||||||
|Congregation
Covid Test Kits||||14,753||14,753|0|
|Congregation
Support||||0|300|300|4,152|
|Tracts and Publications||||135||135|0|
|Other Charitable
Payments||||5,449||5,449|4,843|
|Professional
Expenses —Potential||projects||20,546||20,546|0|
|DONATED SERVICESTO||||||||
|SARUM HILL GOSPEL HALL TRUST||||||||
|Special Grant to acquire Property||||1,496,659||1,496,659|0|
|Other Services||||32,564||32,564|5,674|
|GOVERNANCE
COSTS||||||||
|Audit||||3,540||3,540|3,480|
|Accountancy
and Book-keeping||||7,685||7,685|4,596|
|Professional
Support Costs||||5,976||5,976|3,420|
|TOTAL RESOURCES EXPENDED||||1,827,840|300|1,828,140|286,065|
|NET SURPLUS
DEFICIT
ON||||||||
|INCOMING
RESOURCES|||(1,397,567)||550|(1,397,017)|64,010|
|The Statement of Financial|Activities||is continued|on the next page.||||
##
||||||Year to 05.04.2023||Yearto|
|---|---|---|---|---|---|---|---|
|||||General|Designated||05.04.2022|
|||||Fund|Fund|Total|Total|
|||||f|f|f|f|
|NET SURPLUS|DEFICIT||ON|||||
|INCOMING
RESOURCES|||B/fwd|(1,397,567)|550|(1,397,017)|64,010|
|NET MOVEMENT||IN FUNDS-||||||
|S~URPLUS DEFICIT||||(1,397,567)|550|(1,397,017)|64,010|
|RECONCILIATION||OF FUNDS —Note 12||||||
|TOTAL FUNDS|BROUGHT FORWARD|||8,297,284|(550)|8,296,734|8,232,724|
|TOTAL FUNDS|CARRIED||FORWARD|6,899,717|0|6,899,717|8,296,734|
|||As at|As at|
|---|---|---|---|
|||OS.04.23|05.04.22|
|TANGIBLE FIXEDASSETS
Freehold
Land and Buildings
Fittings, Furniture
&Equipment|Note 2|5,564,422
184,864|7,072,348
251,046|
|||5,749,286|7,323,394|
|CURRENT ASSETS
Debtors and Prepayments
Bank Accounts|Note 3|21,286
1,147,787|34,906
951,005|
|||1,169,073|985,911|
|ESS:CURRENT LIABILITIES DUE WITHIN ONE YEAR
Creditors and Accruals|Note 4|(18,642)|(12,571)|
|||(18,642)|(12,571)|
|NET CURRENT ASSETS||1,150,431|973,340|
|NETASSETS||6,899,717|8,296,734|
|Represented
by:-||||
|RESERVES||||
|Unrestricted
Funds
-General
Funds
-Designated
Fund||6,899,717
0|8,297,284
(550)|
|||6,899,717|8,296,734|
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|TANGIBLE FIXEDA
These Comprise|SS|ET|S||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Freehold||Fittings,||
||||||||Land and|Furniture
gt|||
||||||||~Buildin
s||Mtti
tt|Total|
|COST OR VALUATION|||||||f||f|f|
|As at 06.04.2022|||||||7,853,683||726,773|8,580,456|
|Additions
in Year|||||||0||1,694|1,694|
|Disposals at Cost|||||||(1,477,499)||(43,534)|(1,521,033)|
|As at 05.04.2023|||||||6,376,184||684,933|7,061,117|
|DEPRECIATION|||||||||||
|As at 06.04.2022|||||||781,335||475,727|1,257,062|
|Charge for Year|||||||134,724||46,217|180,491|
|Written back on Disposals|||||||(104,297)||(21,875)|(126,172)|
|As at 05.04.2023|||||||811,762||500,069|1,311,831|
|NET BOOK VALUE|||||||||||
|As at 05.04.2023|||||||5,564,422||184,864|5,749,286|
|As at 05.04.2022|||||||7,072,348||251,046|7,323,394|
|FREEHOLD LAND AND||BUILDINGS COMPRISE:-|||||||||
|Land Registry (LR.)Title|||Nos. are as below||||||||
||||||||||Surplus/||
||||||As at|Depreciation|Disposal Proceeds||(Deficit)|As at|
||||||06.04.2022|for Year|Y||~Di
I|tl6.04.2023|
|NET BOOK VALUE||||||f|f||f|f|
|.MMti
I ~
II Ch|h|4|||||||||
|Three Mile Cross,|Reading||||5,284,700|(122,783)|||0|5,161,917|
|LR.Title No: BK292607|||||||||||
|~Mti
H
II 269A Nl|||Mtl||Rld,||||||
|Finchampstead|||||414,446|(11,941)|||0|402,505|
|LR.Title No: BK261557||||82|||||||
|BK461063|||||||||||
|~Mti
II
II 9707||dR|||d,||||||
|Wokingham|||||382,208|0|(500,000)||117,792||
|L.R.Title No: BK56270|||||||||||
|MMti
IH
II 7|7||6||||||||
|Spencers Wood|||||426,033|0|(475,000)||48,967||
|LR.Title No: BK473069|||||||||||
|~Mti
II
II Ylt|I|R||d,|||||||
|Mortimer|||||564,961|0|(500,000)||(64,961)||
|LR.Title No: BK43967|||||||||||
||||||7,072,348|(134,724)|(1,475,000)||101,798|5,564,422|
##
##
|DEBTORS AND PREPAYMENTS||As at|As at|
|---|---|---|---|
|These comprise:—||05.04.2023
f|05.04.2022
E|
|Debtor - Tax Repayable||14,468|15,922|
|Other Debtors||1,477|123|
|Prepayment
—Costs for Potential|Hall|0|16,126|
|Other Prepayments||5,341|2,735|
|||21,286|34,906|
|CREDITORS AND ACCRUALS||||
|DUE WITHIN ONE YEAR||As at|As at|
|These comprise:-||05.04.2023
f|05.04.2022
E|
|Creditors||5,339|1,299|
|Accruals||9,303|7,272|
|Receipt in Advance||4,000|4,000|
|||18,642|12,571|
##
|7|AUDITOR'5 FEES|Year to|Yearto|
|---|---|---|---|
|||05.04.2023|05.04.2022|
|||E|f|
||Fees payable for the audit ofthe Financial Statements|3,540|3,480|
|8|DONATED SERVICESAND GIFTS|||
||These were to another Gospel Hall Trust, with|||
||Parallel objectives, as follows:-|Yearto|Yearto|
|||05.04.2023|05.04.2022|
||Sarum
Hill Gospel Hall Trust|||
||-Special Grant to acquire Property|1,496,659|0|
||-Other Services|32,564|5,674|
|||1,529,223|5,674|
##
|9|RESOURCES|EXPENDED|Year to 05.04.2023|Year to 05.04.2023|||
|---|---|---|---|---|---|---|
||These were:-||Meeting
Hall|Other|||
||||Running|Charitable||Year to|
||||Costs|Activities|Total|05.04.2022|
||||f|f|f|f|
||Direct Costs||240,533|1,570,406|1,810,939|274,569|
||Support Costs||3,984|1,992|5,976|3,420|
||Governance|Costs|7,484|3,741|11,225|8,076|
||||252,001|1,576,139|1,828,140|286,065|
##
|||General|||
|---|---|---|---|---|
|||Unrestricted|Designated|Total|
|||Fund|Fund|Funds|
|AS AT05.04.2023||f|f|f|
|Tangible|Fixed Assets|5,749,286|0|5,749,286|
|Current|Assets|1,169,073|0|1,169,073|
|Current|Liabilities|(18,642)|0|(18,642)|
|Total Funds||6,899,717|0|6,899,717|
|AS AT 05.04.2022||||
|---|---|---|---|
|Tangible
Fixed Assets|7,323,394|0|7,323,394|
|Current Assets|985,911|0|985,911|
|Current
Liabilities|(12,021)|(550)|(12,571)|
|Total Funds|8,297,284|(550)|8,296,734|
|12|MOVEMENTS
IN FUNDS|MOVEMENTS
IN FUNDS|Opening|Incoming|Resources|Closing|
|---|---|---|---|---|---|---|
||Year Ended|05.04.2023|Balance|Resources|~Ex ended|Balance|
||||f|f|f|f|
||Unrestricted|Funds|||||
||General
Funds||8,297,284|430,273|(1,827,840)|6,899,717|
||Designated|Fund|(550)|850|(300)|0|
||Total Funds||8,296,734|431,123|(1,828,140)|6,899,717|
||Year Ended|05.04.2022|||||
||Unrestricted|Funds|||||
||General
Funds||8,230,922|348,275|(281,913)|8,297,284|
||Designated|Fund|1,802|1,800|(4,152)|(550)|
||Total Funds||8,232,724|350,075|(286,065)|8,296,734|
##
##
|RELATED PARTY TRANSACTIONS||||
|---|---|---|---|
|The following transactions
took place:-||Yearto|Year to|
|||05.04.2023|05.04.2022|
|(a) With Redlands
Construction
Limited, a company|in|||
|which two ofthe Trustees are Directors||||
|—For preliminary
professional
costs towards
Meeting|Halls||12,000|
|(b) Miss1Tennent, sister of Howard Tennent,
a Trustee,||||
|was paid for regular and detailed
book-keeping
services||||
|on a clear commercial
basis and rate amounting to:||3,540||
|(Her family had also made donations to the Trust to an||||
|Amount
substantially
in excess ofthis figures and included||||
|in (c)below).||||
|(c) Donations
were received from Trustees
and from||||
|parties connected thereto,
in the followings totals:||122,519|118,781|