Trustees Report & Audited Financial Statements Greenfield Gospel Hall Trust For the year ended 5 April 2022 Contents Legal and Administrative Information Reportof theTwstees Auditors. Report li 12 Balance Sheet 13 Notes forming partof the Financial Statements 17 Resourtes Expended 18 Analysis of Net AssÈts- CurrentyÉar 19 Analysis of Net A55ets- Prioryear 20 Movèment In Funds- CurrentYe8r 21 Movement in Fund5- Prioryear 22 Comparative Statement of Financial Aitivitie5 G￿n[l@￿ Go5￿1￿411Tr￿$t Legal and Administrative Information Greenfield Gospel Hall Trust For the year ended 5 April 2022 Charlty Name: Greenfleld Gospel HallTrtJ5t Rewstered Charity Number: 1160162 Trustees: LC Huntley (Chairl CA Leflaive T G Smith J Davies AMFarr Treasurer: C A Leflaive Prlnclple Addres$: 47 Horth3m Lane,Almond5bury. Bristol,Avon, United Kingdom, BS324JJ Audltors.. Safferychampness LLP Midland House 2 Poole Road Bournemouth BH2 5QY Accountant: Oldfield Advisory LLP Santis House Currier5 Close Coventry CV4 8Abll Bankers.. The Royal Bankof Scotland 13 Church StrÈÈt Barnsley 570 2TB CAF Bank 25 Kings Hill Ave West Malling MEI94JQ G￿n[l@￿ Go5￿1￿411Tr￿$t Report of the Trustees Greenfield Gospel Hall Trust For the year ended 5 April 2022 The trustees present their report31ongwith the financial statements of the Charityforthe yearended SApril 2022. Thefinanci81 ststements have been prepared in accordancewith the accounting policiessetouton page 13 and complywith theTrust Deed and applitsble law. Structure, Governance and Managernent Governing Document The Charity 15 an unincorporated trust constituted by a Deed of Trust dated 13 May2003, most r￿entlY amended by Deed of Variation dated 27 February 2014. Thetrustwas registered with the Charitycomrnission for England and Waleson 27 January 2015 undercharity Registration Number.. 1160162 Recruitment and appointment of new Trustees The Trusieeswho have served duringihe yeèr ènd since theyearend aresei outon page 3. None of the Trustees, norany person connècted with them, receivÈd any rèmunÉratlon or expenses from thÈCh8rity in theyÉarendÉd 5 April 2022. The Trust operates fourGospel halls Trustees arechi)sen from amongthe regularcongregation ofthe ha115. MewTrustees are nominated by the existing Trusteesorbythe congregation and must be appointed by unanimous resolution ofthe congregation.They ère selected according to theirskills and experientsand are expected to use both in furthering theobiects of the Charity. Checks are madeto ensure theTrustÈÈs' eligibility to artand IncomingTrusiees are made awtrÈof their re5ponsibilitie5 by the exi5tingTrustees,whoensure that new Trustees read the TrustDeed and relevantCharityComThission guidance. Wider Network The Trustees maintain informal links with Trustees of similarTrustswith aviewto poolingeKperienceconsidered useful in pursuingthe objectsof the Trust.The Trust also maintains particular linkswith the Siston Gospel HallTrust, AshgroveGospel Hall Trust, Springfield Gospel Holl Trust and Frome Valley Gospel HallTrust, all ofwith which it shares membersof its congregatlon. Risk Management The Trustees have identified 8nd reviewed the majorrisks towhich the charity is exposed and confirm that they have established systemsto manage and mitigate those risks. Objectives and Activities Objective5 and Aims The charitable purposes of the Charity are the advancement of the Christian religion fDrthe public benefit, including by th carryingon ofthe service of God in accordance with the Old and NewTestaments ofthe Holy Bible as followed bythose Christ13n5forming p3rtof the world-widefellowship known as the Plymouth Brethren Christian Church Ithe"Brethren"l and any other charitable purposes connected with Brethren. The core doctrine ofthe Brethren and proper practices in furtherance of certain aspects of doctrine 3resummorised in twoschedulestothe Trust Deed. Public Benefit The Trusteesconfirrn thalthey haveiomplied with their dutyundersection4 of theCharitie5Act2011to have due regard tothe Charity Comm155ion'sgeneral guldanceto charltie50n public benefit. G￿n[l@￿ Go5￿1￿411Tr￿$t RÈ￿rt0ftheTrustg￿S Detai15 of public benefitactivitie5 carried out by Greenfield Gospel HallTrust can be found belo¥v.' The Trust works closely with a separate charity, the Rapid Relief Team IRRTI providingvolunteers who providesupportto emergency services and ihe community. Thetrust would have liked to have carried out more public benefit activitiesduring the year but was hindered by theCovid-19 pandemic. 6th May 2021-The Trust provided volunteer5 t05UPPOrtthe RRT atthe Joint Services Rope Training Day held at Sandford Quarry near Churchill, North Somerset. 25th June 2021-The Trustprovided volunteèrsto support the RRT at st Peter's Hospice'Tourde Bristol. cycling event. 4th December2021-Volunteer5from the trustsupported the RRT atan event held at thechildren's Hospice South West. Main activities and achievements The Trust provides and maintains fourGospel hallswhere religious meeting$3re held bythe local Brethren community. Details of the origin5, tÈathin¥ and wayof lifeof the B￿thren can be found on thÈwebsite- www.plymouthbrethrenchristlanchurch.org and in the schedules tothe Trust Deed. The trustees have also operated an Emergency Needsfund for theduraiion of the coronavirus pandemic and any resultant economic downturn. This is providinglimited financial assistance by the wayof grocèryvouchers to households, who have experienced a relent and slgnificantdecrease In income dueto the pandetnic, such that it 15 likely to Itnpacton the health andlorwelfare of members of the household. The trust has appointed a Localwelfare Panel to managethe application proce55 and to administerthevouchersto qualifying applic?nts. Duringthe yearthe Greenfield Gospel HallTrust, donated the two roomson Court Road and The Streettothe Fromevalley Gospel HallTru5tlan affiliated trustl fornil c0Tr5ideration pursuant the powercontaiTred in Ilause 2.210) of the Trust Deed and Section Il713llcl ofthe Ch3ritie5Act 2011. The donation was completed on 4th Febru3ry2022. Plans forfuture periods With the commencementof lockdown restrictions in the UK the trustceased usingthe gospel halls Itoperates. During the financial year, restrlctlons wereeased sufficientlyto allowthe congregation to Ljse the gospel hallsforthe Lord's Supper Icotnmunionl. The use of the rootll5 was conducted in a tnannerwhich alwayscotnplied with thegovemtnentguidance, and the trust intend5to continue usingthe roomswhen it 15 safe to do so. Thetrusteesdo notconsiderthatthe Covid-19 pandemicwill h3ve 3nyeftect on the abilityof thetrust tocontinue a5 a goingconcern. Meetings Meetings held attheGospel halls include the Lord's Supper Icommunionl, Gospel preachings, Bible re3dingsand Bible addresses. There is a struciured weekly scheduleof meetings and, dependingon the pariicular meeting, between 40 and 650 people normally attend these occasions. The meetings 8re attended bythe regularcongregation and mostareopen to other properly disposed visitors. The notice board outside the H3llwelcomesvisitors and displays thetirnes of Gospel preachings, along with a telephone numberforthose seekingfLJrther information or help. Gospel tracts, which aredistributed by street preèchers, also displayihis information. Bibles and an extensive range of other Christ13n reading material are on display atthe halls and visitor53refreeto help themselve5. G￿n[l@￿ Go5￿1￿411Tr￿$t RÈ￿rt0ftheTrustg￿S Spreading the fjospel message and the life of a Christian The Gospel ha11s3re a base frorn which the regul8rcongregation and others who attend the rneetings areencouraged to spread the Christian Gospel, in word and deed. Mernbers of the congregation would usually participate in a programrne of street pre3chingwhereGospeltr3cts are provided free ofcharge by thecharityto such preachersto be handed out to interested membersof the public. Due to the Covid-19 pandemicthis has not been possibleduringthe financial year, butihe congregation aim to continuethis once itis safe to do so. In carrying out this worKthe congregation considers itself to be livingout itsfaith in pr3Ctice, as particularly exemplified in the followingextract from the schedule tothe Trust Deed on living a Christian life.. We seek and are encouraged to live exemplary live5 in all our relationshipswith others in the widercommunity lincluding former Brethren). in accordance with the teachings of Holy Scripture11 Tim 2'.21- We regularly go out frorn ourhomesto preach on the streets, to distributeChristi¥n liter3ture Ind eng3ge with the wider community lincludingformer Brethren) in order to present eternal salvation, availabltto all men byfaith in Jesus Christ. 12 Tim4..21. We seek as members ofthe publicto lead Christian live5 35 husbands and wive5, parents,children, employers, etnployee5 and neighbours. Icol 3.'22-25, Col 4.'11. The preservation and protection ofthe family unit15fund3mental and children are prized as a blessingfrom God. IP5alm 127'.>51. Theelderly8rev8lued membersofthe community, for whom both their family and the widercommunity are expected to care. Holy Scripiure commands us 10 bÉ good neighboursto trihers, and dealwith all other people Iincluding former Brethren) openly, honestly and fairly and con51Stent ¥vith these princlple5, we should glveour timÈ,talents and tnoney to a551St those in need in the wider cotnmunity. in sofar as reasonable given our3bilitie5 and ouravailable resources. IMatt7.'12, Matt 22.'39, Eph 4'.281. Funding Funding IS SOUEhtthrough gift5 frotn the congregation and GiftAid istlaimed on eligible donations. Funding 1$ 50metime5 [￿e1Ved from othercharitable tru5tswith cotnplementary objective5. Financial Review In theye3rended 5 April 2022 the Trusthad a deficit of incoming resourcesover resources expended. Thiswas mostlydue to non-monetary items such as depreciati)n and the donationsof roomsto affiliated trusts. Totalvoluntary Income recÉlved thlsyÈarwts £102,102 cOmpa￿d to É157,113 in the prevlous yÈar. All funds held were unrestricted fund5. DLJrinEthe year, loan repaymentsof £60,OOOwere made to priwate individuals. Abalance of £IO,ODD outstandingon a loan was also recla55ified as a gift duringthefinancial year. Reserves Policy The Trustees have agreed thatthe Trust should aim to develop and maintain unrestricted reserve5 at a minimum level which equ8testo 6 months, operating costs. This would enable theTrustto continue its activities in the eventof 8 sudden loss of funding. However. the members of the congregation have always recognisedtheir responsibility tofund the running costsof the places ofworship where they regularly attend. Therefore theTrustees do not ever expecia shortfall in funding to beother than temporary. Free reserves accumulated in eKte55 of the minirnum can be used atthe d15cretion oftheTru5tee5 forthe strateglc developmentof theTru5t. TheTru5tee5 will reviewthe Tninitnum level of re5erve5 every three tnonth5. Free Reserves attheyearend were£66,42712021'. £nill G￿n[l@￿ Go5￿1￿411Tr￿$t RÈ￿rt0ftheTrustg￿S statement of Trnstees Responsibilities The trustees are responsible forpreparingthe Report of theTrustees and thefinancial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Practice). The law applicableto charities in England and W3les,theCharitiesAct2011, Charity (Accounts and Reports) Regulations and the provisionsof theTrust Deed require theTrvsteesto prep8refinanci81 statementsfore3ch financial ye3rwhich give 8 true and fairview olthe state of affairs of the Charity and ofthe incoming resources and application of resources, includingthe income and expenditure, of the Charity for that period. In preparingthosefinancial statements, theTrustees are required to.. select suitable accounting policies and then applythem consistently. observe the methods and principles in thecharity SORP IFRS 1021-, makejLJdgements and estimaiesthat are reasonable and prudeni., 5tatewhetherapplicable accountingstandards have been followed, subject to anymaterialdeparturesdi5c105ed and explained in the financial statements. prepare thefinancial staternentson the goingconcern basis unless it is inappropriateto presurnethatthe charitywill continue in operation. The trustees are responsible forkeeping properaccounting records which disclosewith reasonable accuracy at anytime the financi31 position of the charity and toenable thern to ensure thatthe financia15t3tements complywith the Ch3ritiesAct2011. the Charity IAccounts8nd Reports) Regulations and the provisions oftheTrust Deed. Theyare81so respons1blefor￿fegUardlng the assets of thecharity and hence for taking reèsonablestepsfor the prevention and detection of fraud and other irregularities. Alltransactions have been rèwiewed and approved by two trustees. On Behalf of the board.. Mr C Lefiaive ITrusteel 0110312023 Date G￿n[l@￿ Go5￿1￿411Tr￿$t Auditors, Report Greenfield Gospel Hall Trust For the year ended 5 April 2022 Opinion We have audited thefinanci81 statementsof Greenfield Gospel Hall Trustfortheyear ended 5April 2022 which comprise accounting policies. Thefinèncial reporting framework thèt has been applied in their preparation is applicable law ènd United Kingdom Accountingstandards, Including Financial Reporting Standard 102, the Financial RÈporting Standard applicable in the UK and Republicof I￿Land (United Kingdotn GenerallyAccepted Atcounting Practice). In ouropinion the financial statements.. give a true fairwew ofthestHte of the charity's aff3irs35 at 5April 2022 and of it5 incoming resource53nd 3pplicHtion of resourcesfortheyearthen ended. have been properly prepared in accordance with United Kingdom Generally Accepted AccountingPractice; and have been preparèd in accordance with Ihe reguirements of theCharitiesAct2011. Basis of opinion We conducted ouraudlt In accordance with International Standard5 on Auditing IUKI IISA5 IUKII and applicable law. Our re5ponsibilitie5 underthosestandardsarefurther described in theAuditor's responsibilities forthe auditof the financial St3tements section of our report. We are independent ofthecharity in accordance with the ethical requirements that are relevant to our audit of thefinancial statements in the UK, includingthe FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believethat the audit evidencewe have obtained is sufficient and appropriate to provide a basis for ouropinion. Conclusion5 relating to going concern In auditing thefinancial 5tatement5, we have concluded thatthe tru5tee5' Use of thegoing concern basi5 of accounting in the preparation ofthe financial st3ternents is appropriate. Based on thework we have performed, we h3ve not identified any material uncertainties relatingto eventsor conditionsthat, individuallyor collettively, may castsignificant doLJbt on the charlty'5 ability tocontlnue ès a goingctrncerTrfor a period of at lÈasttwÈlve months from when the fln8nclal statements are authorlsed for issue. Our responsibilities and theresponsibilities of thetrustees with respectto goingconcern are described in the relev?ntsection5 Other Information The trustees are responsible forthe otherinforrnation. The other information corllprisesthe inforrnation included in the annual report,other than the financial statements and our auditor's reportthereon. Ouropinion on the financial statements does not coverthe other information and, except to the extent oiherwise explicitly staled in ourreport, wedo notexpress any form of assurance concluslon thereon. Our responsibility is to read theother information and, in doing so, considerwhetherthe other information is materially inconsistent with the financial st4tements or our knowledge obtained in the course of the audit orotherwise appearsto be materially m155tated. If we Idèniify such material intonsistencies or apparent maierial misstatements, we are required to d&terminewhetherthis gives rise to a material missiatement In th* financialsiatements themselves. If, bosed on the work we have performed,weconcludethatthere 15 a material misstatementof thi5 Otherinformation,. we are required to reportthat fact. We have nothingto report in this regard. G￿n[l@￿ Go5￿1￿411Tr￿$t Auditors, Report Matters on which we ale required to report byexception We havE nothingto report in respectof the following tnatter5 in rplation to which the Charities IAciount5 and Reports) Regu13tlOn5 2008 require u5to reportto you If. In ouropinion.. the information given in theTrustees' Annual Reportis inconsistent in any material respectwith the financial statements., the charity h35 not kept 5ufficientaccounting records., or the financial statements are not in agreementwith the accounting records and returns., or we have not received all the information and explan8tions we require forour audit. Responsibilities of trustees exp13ined more fully in the Trustees, Responsibilities Statement5etouton page7, thetrustees are responsible forthe preparation of the financial statements and for beingsatisfiÈd thatthey give a true and fair view, and forsuch internal control as the tru5tee5 determlne is nece55aryto enablethe preparation of financial statement5thatarefree from materlal misstatement, whetherdue tofraud Drerror. In preparingthe financial statements, thetrustees are responsible for assessingthe charity's abilityto continue as a going con£ern, disclosin& as applicable, matters related to going concern and usingthe goingconcern basisof accountingunless the tru5tee5 either intend to liquidate thecharity orto cease operatlOn5, or have no realistic alternative but to do 50. Auditors, responsibilities for the audit of the financial statements We have been appoinied as auditors underthe CharitiesAct 2011 and report in accordancewith regulaiions made under that Our objectives areto obtain re35on3ble assurance aboutwherherthefin3nci31 statements as a whole arefree frorn materi31 misstatement, whether dueto fraud orerror, and to issuean auditors, reportthat includesour opinion. Reasonable8ssur8nce is a high level of assurance, but is not a guarantee thai an audit conducted in accordancewith ISIts IUKI will always detecia material misstatement ¥vhen it exi5t5. Mi55tatement5can arise froTh frbud orerror and are considered material il, individually or inthe aggregate, theycould reasonably be expected to Influence theeconomlc decislons of u5er5taken on the basi5 of these financial statement5. Irregularities, includingfraud, are instances of non-compliancewith laws and regulations. Wedesign procedures in line with our responsibilities, ouilined above, to detect materlal misstatements in respect of irregularities, inclLJdinEfraud. Th& specific proceduresforthiseng8gÈrnent and the extent towhich these a￿ c3p3blÈ of dÈtÈtting irregularities, Including fraud are detailed below. We 3ssÈssed the su5ceptibllltyof the charlty's financial statementsto materlal mSsstatemÈnt and howfraud mlghtotcur, includingthrough disCUSSiOnS With the trustees, discussionswlthin our auditteam planning rneetin& updating our record of internal controls and ensuringthe5econtrolsoper3ted as intended. We evaluated pO￿lble incentives8nd opportunities for fraudulent manipulation of rhe financial statemenrs. We ideniified law5 and regularionsthat are of significance in the context of the charity bydiscussions with trustees and updating our understandingof thesector in which the charity operates. Laws and regulation5 of directsignificance in the contextof the charity include the CharitiesAct2011,theCharities (Account5 and Reports) Regulations 2008 and widance i55ued by theCh3rityCommis5ion for England and Wales. Audit response ro risks identified.. We considered the extent of cornpliancewith these18w5 and regulations H5 Part of our audit procedures on the related financi31 ststement items includinga reviewoffinancial statementdisclosures. We reviewed thecharity's records of breaches of laws and G￿n[l@￿ Go5￿1￿411Tr￿$t Auditors, Report regulatiOn5, tninute5 of meeting5 and correspondence with relevant authoritie5to identify potential material tnisstatement5 arising. We discussed the charity's policies and proceduresforcompliancewith law5 and regulationswith member50f m3n8gernent responsible forcompli3nce. DLJringthe planningmeetingwith the auditteam, the engagement partner drew attention to the keyareas which might involve nono (note91 214,366 214,366 171,826 4?,525 615 625 4.45T 350,0 1,282.900 350.000 PropertyDonations TotalExpenditure'. 1.282,900 1,847,891 11.625 1.859.SL6 218,808 Net IncornellExpenditurel 11,570,441) 112751 153,5471 Net Movernent In Funds 11,$70,4411 IIA751 153,5471 UNRESTRICTED FUNDS DESIGNATED FUNOS RESTRICTED FUNDS TOTAL FUNDS 1022 TOTALFUNDS 2021 Reconciliation of funds Inote 111 Total Funds boughtfonward Netrnovement in lund5 6.080,664 6.675 6,087339 6,140,886 153.5471 TotslFund5 carriedforward 4,510,223 5.400 4.5LS.623 6,087J39 The noteson page 11- 18form partof thesefinancial statements. G￿n[l@￿ Go5￿1￿411Tr￿$t Balance Sheet Greenfield Gospel Hall Trust As at 5 April 2022 022 2021 Fixed A55ets 4,448,196 6,198,138 Investments 1.000 i.wo TOt•lFlxed Assets 4049,196 6.199.138 Current assets Amountsowed by group undertakings Prepayrnentsand accrued income Cashat bankand In hand 2.196 4,698 6.870 82.967 31,588 Totalcurfentassets 89,862 38,458 Creditors- amounts fallin Loans due within one ear To,￿0 Ar(rualshnd deferred in(orne 23.435 9.453 Amountsowed to group undertakings Totsl Creditors.. amount5fallingduewithin oneyEar 70,804 23,435 LS0,2S6 Net current assetsllliabilitiesl 66,427 ILIL,79BI Total assets less current liabilities 4,515,623 6.087.339 Net Assets 4.SLS,623 6.087J39 Funds (note 101 4,515.623 6,087,339 T<)tsIFunds 4.515,623 6.087.339 The unaudited financial ststements bvere approved and authorised for issue bythe Trustees of Greenfield Gospel H3llTrust on D.11.Q312D23....... and were signed on its behalf by.. Mr C Leflaive ITrusteel Thenole50n pages 11- 18 lortn port ollhESe linancialstaternent5. Notes forming part of the Financial Statements Greenfield Gospel Hall Trust For the year ended 5 April 2022 I. ACCOUNTING POLICIES 1.1 Basis of financial statements The financialstatements have been prepared in accordancewith the Statement of Recommended Practice.. Accounting and Reporting byCh3rities prep3ringtheir8ccounts in accordancewith the Financial Reportingstandard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014, and incorporating update bulletins l and 2, and the Financial Reporting standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and UKGenerallyAccepted Accounting Prattice. The functional iurrencyof thecharltyi5 Sterling IE). The Trust meets thedefinition of a public benefit entity under FRS L02. Assetsand liabilities are initially recognised at historical costortransaction value unlessotherwisesiated in ihe relevant accounting policy notelsl. 1.2 Income Donations are recognised in the yearin whlchthere Is entitlement and probabilltyof receipt and theamountcan be TneasL)￿d with reasonable certainty. Income is only deferred vtyhen the charity ha5to fulfil conditions before becomin8 entitled to itor where the donor hasspecified thatthe income is to beexpended in a futureye8r. Giftaid 15 added to thevalue of thedonation to which it relates. Donated services ère recognised as income and expenditurè inthÈfinancial statements whèn organisations or individutlsoffer their services and support pro bono. The valueof these donated servicesto Greenfield Gospel Hall Trust is considered to be equ31 to m3rketv3lue which would be paid werethesetvice forrnally procured. This includesservices paid for byothertrustS. Investment Income is accounted foron a receivable basis. 1.3 Expenditure Expenditure 15 included on an accruals ba515. Liabilitiesare recognised a5500n 35 there 15 3 legal orcon5lructi¥e obligation committingthe charityto pay out re50urce5. Charitable activities cornprise those costsdirectly attributableto thefulfilment ofthecharit3ble objects. 1.4 Governance and support Costs Support costs have been allocated between Eovernance costs and othersupportCOSts. Governance costscomprise allcosts involvingthe public accountability of the charity and c05t5 related to statutory requSreTnent5. Governance and 5UPPOrt cost5 are alloiated to Iharitable activitie50n the basis of capacity used. 1.5 Tangible fixed assets and depreciation T3ngiblefixed assets Icosting more than £IOOI 8re stated atcost less depreci3tion. Freehold land is notdepreciated. Depreciation is provided at rates calculated to writeoff the cost, less estimated residualvalue,of each asset over its expected Freehold buildings 2% straight line Plant and Nlachinery 2046 straight line Flxtures and FSttings 20% stralghr Ilne G￿n[l@￿ Go5￿1￿411Tr￿$t 1.6 Taxation The Trust is? registered charity and isnot liableto United Kingdom income orcorporation tax on charitableactivities, provided income fallswithin the charitable exemptions and is spent on charitable purposes. 1.7 Funds ThÈ gÉnÈral unrestrStted fund isfrÈÈforthÈ TrustÈÈs to useforany purposes In furthÈrantÈ of thÈ trust's tharltablÈoblÈtts. Restricted funds arise from donations tothe trust, which are made fora specific purpose. Restricted funds can only be used for the purposeforwhich fundswere given. 1.8 Preparation of consolidated financial statements The Charity does not have a tradlngsubsldiary. 1.9 Going Concern The Tru5teesconsiderth3tthere areno tn3terial uncertainties aboutthe ch3rity'sabilityto continue a53 going concern. 1.10 Significant estimates and judgements The trusteesdo notconsider th8tthere are 8ny sources of estimation vncertainty3tthe reporting date that have? significant risk of causing a material adjustmentto thecarrying amountsof assets and liabilities within the next reportingperiod. The tru5tee5do notconsider thatthe Covid-19 pandetnicwill have anyeffect on the abilityofthetrustto continuea5a going concern. 2. TRUSTEES, REMUNERATION AND EXPENSES NoTrustees received anyremuneration or other benefitsfrom an ernploymentwith the charity and no Trusteeswere rèimbursed forexpensÈs12021'. none) 3. WAGES AND SALARIES There are noetnployee512021'. none) 4. Donated SeTrvices 022 2DII Donated Service5 Donated To. Oonated 5ervicestoA5hgroveGospel HallTru51 Donated Service5to FromeValleyGospel HallTrust Oonated Servicesto SistonGospel HallTrust Donated Servicesto SpringtieldGosp21 HallTrust Totsl DoD*ed servi￿5. 98 255 383 1.447 76 67 1.437 4.4S7 625 G￿n[l@￿ Go5￿1￿411Tr￿$t 5. Grants 1022 2021 Grants.. Gr3Dt5to'. Grènis to FromeValleyGospel Hall Twst TotsiGrants.. 350.000 350,(M)O 6. Tangible Fixed Assets California Road Room 13 Hortham Lane 47 Hortham Lane Court Road Wotton Road At5thApril 2021 400,000 507,873 3.513,278 993,625 420.380 Additions 5,310 3,682 Disposals 1400,0001 1993,6251 At 5 April 2022 50T.873 3,518.588 424,062 At 5thApri12021 4E,000 60,943 421,550 39,745 8,408 Currentyear Depreciation 4.318 10,157 70,367 16,606 8.473 Eliminated on di5P05a15 152,3181 156,3511 At 5 April 2022 71,101 491.916 16,881 At 5 April 2022 436,772 3,026,672 407,181 At5 April 2021 352,000 446,930 3,091,728 953,880 411,972 Kilgobbin House The Street Plant & Machinery Fixtures & Fittings Totals At 5thApri12021 648,916 345,626 29,826 1,580 6,861,104 Additions 8,992 Disposals 1345,6261 11,739,251> At 5 April 2022 648,916 29,826 1,580 5,130,845 Al 5thApri12021 59,228 24,144 662,965 Currentyear Depreciation 12,978 5.138 316 128,353 Eliminated on disposals 1108,6691 At 5 April 2022 72,206 29,282 1,264 682,650 G￿n[l@￿ Go5￿1￿411Tr￿$t At 5 April 2022 576,710 316 4,448,196 At5 April 2021 589,688 345,626 5,682 632 6,198,139 Land registrytitlesofthe above property held are GR249471, AV151226,GR341802,AV223399, GR377538, GR375180. 7. Fixed Asset Investments 2022 2021 Marketvalue. 5hare5 in rou undertakin 1,000 I,Lk)O Subsldlary Undertaklngs The followingwere subsidiary undertakingsofthe company.. Name: Holding FreshwaterDesign and Build Company Limited iQOWo The aggregate of thesharecapltal and reserves358t5th April 2022 and of the proflt or105sfortheyear ended on that dètefor the subsidiary undertakings were a5follow5'. share capltaland reseThesl£l ProffitllLos$ll£l FreShwaterDe5i￿ and Build Company Limited 1,000 8. TRANSACTIONS WITH RELATED PARTIES A balance of £2,196 is due from Freshwater Design and Build Limited at the yearend, thisamount isincluded in debtors. Duringthe financialyeHr, aggregated donations of £1,22512021.' E40.7501 were received from Trustees 9. VOLUNTEERS Greenfield Gospel Hall Trust relies entirelyon volunteers to carry outthe management, administr3tion and general maintenancework. TheTrust has no paid staff or paid Trustees. G￿n[l@￿ Go5￿1￿411Tr￿$t Resources Expended Greenfield Gospel Hall Trust For the year ended 5 April 2022 9. Resources Expended OTHER CHARITABLE ACTiiffjfiES MEETING ROOMS TOTALtOSTS TOTALtOSTS Direct Costs Premisescosts-rep3ir5and maintenance Pretnise5COsts-heat. lightand power Premisescosts-rentand rates 26,656 26.656 8,151 36.B51 36,851 9.7B5 2,426 Telephone 1.905 1,905 1.649 IL,728 11.728 5,010 Bhnkcharge5 Congregaiion Support Public outreach exPe￿e$ Depreciation Insurance 96 96 69 11,625 11.625 42,525 260 l28,352 128352 135,012 3.361 3361 3.085 Interest 350 350 1,670 otherExpensÈ5 GoverDan£e 3.889 6,080 6,080 I,OBO Total DirectC05t5 214.106 11,885 22S,991 214JSI Governance costs include£0 (prior year.. £1801 in respect of independentexaminers fee5, and £5,00012021'. £01 in respectof auditfees. G￿n[l@￿ Go5￿1￿411Tr￿$t Analysis of Net Assets- Current year Greenfield Gospel Hall Trust For the year ended 5 April 2022 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS 10.1 Currentyear UNRESTRICTED FUNDS DESIGPIATED FUNDS RESTrICTED FUNDS TOTALFUNDS 2022 Funds Tangible FiKedA55et5 4.448,196 4.448.196 275,265 280,66S TotsiFunds 4.51Q.223 5,400 4￿15.518 G￿n[l@￿ Go5￿1￿411Tr￿$t Analysis of Net Assets- Prior Year Greenfield Gospel Hall Trust For the year ended 5 April 2022 10.2 Prioryear tqftESTftICTED FUNDS DESIGNATED FUNDS ESTRItTED FVND5 TOTALFUNDS Funds 6,198,138 Current A55et5 223.B83 7.575 231.458 1282,2S61 160.WOI TotsiFunds 5.080,664 6,675 6.087.339 G￿n[l@￿ Go5￿1￿411Tr￿$t Movement in Funds- Current Year Greenfield Gospel Hall Trust For the year ended 5 April 2022 11. Movement in Funds 11.1 Movement in fund5- currentyear UNRESTRICTED FUNDS DESIGPIATED FUNDS RESTrICTED FUNDS TOTALFUNDS 2022 Movement in Funds Total funds boughtforward 6.080,664 6.675 6.087.339 I19,8S6 10,350 130,206 Resourcesexpended Totsifunds£arri£d forward 5.793.123 5,400 S.7￿.515 G￿n[l@￿ Go5￿1￿411Tr￿$t Movement in Funds- Prioryear Greenfield Gospel Hall Trust For the year ended 5 April 2022 11. Movement in Funds 11.2 Movement in fund5- Prioryear UNRESTRICTED FUNDS DESIGPIATED FUNDS RESTrICTED FUNDS TOTALFUNDS 2021 Movement in Funds Total funds boughtforward 6.140,886 6.140.886 l16,061 49,2 16S,261 1218,8081 6.087.339 Resourcesexpended Totsifunds£arri£d forward S.Q8Q.664 6,675 G￿n[l@￿ Go5￿1￿411Tr￿$t Comparative Statement of Financial Activities Greenfield Gospel Hall Trust For the year ended 5 April 2022 NRESTftICTED FUNDS DESIGMATED FUNDS RESTRICTED FUNDS TOTALFUNDS 2021 Income and endowments.. Donatlonsand Le Contribulionsfrom thecongregatig 38.720 38.720 14,800 14,800 In(orneTaxrelunds 3.623 3.623 OtherDonations SO,770 $0,770 Congregation Support 49,2 49,200 otherlncome ReDI Received Tctalother Income 8,145 8.145 8,145 8,14S Investments InterestRe(eived Total In￿Me￿nd endowment5'. 116,061 49,200 165261 enditure.. Running Meeting Rooms (note91 Congregation SuppTrrt (note91 l71,B26 171,826 42.525 42.525 4,457 4.45T Total Expenditure.. 176,283 42,525 218,808 Net IncornellExpenditurel 160J221 6.675 153,5471 Net Movement In Funds 160?211 6,675 153,5471 UNRESTRICTED FUNOS DESIGMATED FUNDS RESTRICTED FUNDS TOTALFUNDS 2021 Reconciliation of funds Inote 111 Total Funds bovghtfonward Netmovement In funds 6.140.B86 6.140.886 6,675 153,5471 6,087J39 TotsIFund5 carriedfoNiard 6,Q60.664 6,675 G￿n[l@￿ Go5￿1￿411Tr￿$t