2024-04-05-accounts

Trustees Report & Unaudited Financial Statements

Mostyn Gospel Hall Trust For the year ended 5 April 2024

Contents

• 3 Legal and Administrative Information

• 4 Report of the Trustees

• 8 Report of the Independent Examiner

• 9 Statement of Financial Activities

• 10 Balance Sheet

• 11 Notes forming part of the Financial Statements

• 14 Resources Expended

• 15 Analysis of Net Assets - Current year

• 16 Analysis of Net Assets - Prior Year

• 17 Movement in Funds - Current Year

• 18 Movement in Funds - Prior Year

• 19 Comparative Statement of Financial Activities

29 Jan 2025 Page 2 of 19

Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Legal and Administrative Information

Mostyn Gospel Hall Trust For the year ended 5 April 2024

Charity Name:

Mostyn Gospel Hall Trust

Registered Charity Number:

1161694

Trustees:

Mr P J Fear

Mr A M White

Mr R Burke

Mr D J Abernethie

Mr C J Dallow (Chair)

Treasurer:

Mr P J Fear

Principle Address:

Brethren's Meeting Room, 190 Station Road, Ratby, Leicestershire LE6 0JP

Independent Examiner:

Sandra Thurgood FCCA FMAAT FPA BSc 3 Dells Lane Biggleswade Bedfordshire SG18 8LP

Accountant: Oldfield Advisory LLP

1120 Elliott Court Herald Avenue Coventry CV5 6UB

Bankers:

HSBC 9 Leicester Road Wigston Leicestershire LE18 1NR

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Report of the Trustees

Mostyn Gospel Hall Trust For the year ended 5 April 2024

The trustees present their report along with the financial statements of the Charity for the year ended 5 April 2024. The financial statements have been prepared in accordance with the accounting policies set out on page 11-12 and comply with the Trust Deed and -applicable law.

Structure, Governance and Management

Governing Document

The Charity is an unincorporated trust constituted by a Deed of Trust dated 23rd October 1978, most recently amended by Deed of Variation dated 19th August 2014. The trust was registered with the Charity Commission for England and Wales on 15th May 2015 under Charity Registration Number: 1161694

Recruitment and appointment of new Trustees

The Trustees who have served during the year and since the year end are set out on page 3. None of the Trustees, nor any person connected with them, received any remuneration or expenses from the Charity in the year ended 5 April 2024.

The Trust operates two Gospel halls 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 similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity. The Trust also maintains particular links with Knighton Park Gospel Hall Trust with which it shares members of its congregation.

Risk Management

The Trustees have identified and reviewed the major risks to which the charity is exposed and confirm that they have established systems to manage and mitigate those risks.

Objectives and Activities

Objectives 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 Testaments of the Holy Bible as followed by those Christians forming part of the world-wide fellowship known as the Plymouth Brethren Christian Church (the “Brethren”) 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 summarised in two schedules to the Trust Deed.

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Report of the Trustees

Public 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.

During the financial year volunteers of the trust worked alongside the Knighton Park Gospel Hall Trust and supported the RRT, a separate charity, at the following events:

7th April 2023 – 9 volunteers supported the RRT in serving breakfast to 45 participants at a CEO sleepout event at Leicester Tigers ground.

4th May 2023 – 13 volunteers supported the RRT in serving 150 burger meals to staff at the LOROS Hospice Staff Thank You meal.

29th June 2023 – 12 volunteers supported the RRT in serving 230 burger meals to the volunteers at the LOROS hospice volunteer thank you meal.

19th August 2023 – 23 volunteers supported the RRT in serving 650 premium burger meals to visitors at the LOROS Big Day Out event.

9th September 2023 – 10 volunteers supported the RRT in serving 100 breakfast meals to participants in the ‘Leicestershire Round Bike Ride’ event at Bosworth Marina.

21st – 22nd September 2023 – 17 volunteers supported the RRT in serving 400 burger meals at the Emergency Services Show at the NEC in Birmingham.

30th – 31st January 2024 – 18 volunteers supported the RRT in serving 300 meals to the Leicestershire Search & Rescue, Red Cross volunteers and Cadent engineers at a gas outage emergency in Ratby village in Leicestershire.

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 the website - www.plymouthbrethrenchristianchurch.org and in the schedules to the Trust Deed.

Plans for future periods

Despite the increased cost of energy, the trustees feel that these increased costs are not significantly impacting on the ability of the charity to continue as a going concern.

Meetings

Meetings 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 20 and 50 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 a telephone number for those seeking further information or help. Gospel tracts are distributed by street preachers.

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Trustees Report & Unaudited Financial Statements

Mostyn Gospel Hall Trust

Report of the Trustees

Spreading the Gospel message 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 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 to interested members of the public.

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:

• 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 Scripture (1 Tim 2:2).

• 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. (2 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. (Psalm 127:3-5). 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 neighbours to others, and deal with all other people (including 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 4:28).

Funding

Funding is sought through gifts from the congregation and Gift Aid is claimed on eligible donations. Funding is sometimes received from other charitable trusts with complementary objectives.

Financial Review

In the year ended 5 April 2024 the Trust had a surplus of incoming resources over resources expended.

Total voluntary income received this year was £165,249 compared to £70,655 in the previous year.

All funds held were unrestricted funds.

Reserves Policy

The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs, based on its size and the level of its financial commitments. The Trust has no employees and its regular outgoings are minimal. Accordingly, the Trustees have decided to adopt a policy of maintaining no significant reserves. The congregation is kept regularly informed as to particular needs for funds, and other relevant matters and the Trustees aim to ensure that the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure, by raising a funds appeal to the congregation.

Free Reserves at the year end were £2,083 (2023: £nil)

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Report of the Trustees

Statement of Trustees Responsibilities

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts 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 (FRS 102);

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

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 Reports) 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:

..................................................................................

Mr P J Fear (Trustee)

..............................................................

Date

29 Jan 2025 Page 7 of 19

Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Report of the Independent Examiner Mostyn Gospel Hall Trust For the year ended 5 April 2024 I reportto thetrusteeson my examinatlon of the accounts of the Mostyn Gospel HallTrustfortheyearended 5 April 2024. Respective responsibilities of Trustees and Examiner Thecharity'stnjsteesare ￿SPOnSible10rthe preparation oftheaccounts in accordancewiththe requirements of the Charities Art20111'theAtVI. I report in respect of my exam5oatlon oftheTNst's accountscèrrled out undersection 145 olthe 2011 Actand in carryingout rny examination I havefollowed allthe applicable Dlrectionsgi¥en bythe Charity Commlsslon undersection 14515llbl of theAcL Basls of Independent ExamineT'5 Report Myexamination wa5 out in accordance withthe General Direction5 given bythe Charity Commission.An examination indudes a review of the accounting records kept bythe charityand a comparison oftheaceounts presented with those record& Italso includes consideration of any unusual itemsordisclosures in the accounts, and seeking of explanationsfrom you as Trustees concerninganysuch matters. The procedures undertsken do not provide all theevidencethatwould be required in an audit. and consequently no opinion is given as to whethwtheaccounts P￿sent a'trne faIr￿eW, al￿ the report is limited to those matters set out inthestatements below. Independent Examiner's Statement I have completed my examinatson. I confirm that no material rnattets havécometo my attention in connection with the examination giving rnecauseto believe that in any material respect.. Accounting record5 were not kept in respectoltheTrn￿taS required by section 130oltheAcL' or Theaccounts do not accord with those records,. or Theaccounts do not comply with the applicable requirements concerningtheform and contentof accounts set out in the Chafities IAccounts and Reports) Regulation5 2008 other than any requSiementthatthe accountsgNea'true and fairviev which is not a matterconsidered as part of an independent examination. I havè no concernsand have come aertss5 no othermatters in connedion with the examination to which attention Should be drawn in this report in orderto enablea proper understsndingof the accountsto be reached. Sandra Thurgood FCCA FMAAT FPA BSC 3 Delb Lane Bi8gleswade Bedlordshire SG18 8LP 23 January 2025 TnJ5tees R4POrt&UDiudited ￿nandaLs￿tÈffiPThts | MostynGospdHallTru5t | 23Jan2025 Pa8eTof L8

Statement of Financial Activities

Mostyn Gospel Hall Trust For the year ended 5 April 2024

Statement of Financial Activities Mostyn Gospel Hall Trust For the year ended 5 April 2024	Statement of Financial Activities Mostyn Gospel Hall Trust For the year ended 5 April 2024
UNRESTRICTED FUNDS DESIGNATED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2024 TOTAL FUNDS 2023
Income and endowments:
	Donations and Legacies:
	Contributions from the Congregation 150,442 - - 150,442 20,017
	Gift Aid Donations 12,565 - - 12,565 7,310
	Income Tax refunds 2,242 - - 2,242 1,828
	Grants Received (note 4) - - - - 41,500 Investments
	Interest Received 2,252 - - 2,252 1,309
	Other Income 108,000 - - 108,000 -
Total Income and endowments: 275,501 - - 275,501 71,964 Expenditure:
Running Meeting Rooms (note 8) 41,651 - - 41,651 25,787
Total Expenditure: 41,651 - - 41,651 25,787
Net Income/(Expenditure) 233,849 - - 233,849 46,177
Net Movement In Funds 233,849 - - 233,849 46,177 UNRESTRICTED FUNDS DESIGNATED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2024 TOTAL FUNDS 2023
Reconciliation of funds (note 10)
Total Funds bought forward 1,053,441 - - 1,053,441 1,007,263
Net movement in funds 125,849 - - 125,849 46,177
Total Funds carried forward 1,179,290 - - 1,179,290 1,053,441

The notes on page 11 - 19 form part of these financial statements.

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Balance Sheet

Mostyn Gospel Hall Trust As at 5 April 2024

Balance Sheet Mostyn Gospel Hall Trust As at 5 April 2024
	2024	2023
Fixed Assets
Tangible assets (note 5)	1,287,208	1,279,266
Total Fixed Assets	1,287,208	1,279,266
Current assets
Prepayments and accrued income	6,117	4,922
Cash at bank and in hand	137,476	55,036
Total Current assets	143,592	59,958
Creditors: amounts falling due withinone year
Accruals and deferred income	1,510	784
Other creditors	140,000	260,000
Total Creditors: amounts falling due within one year	141,510	260,784
Net current assets/(liabilities)	2,083	(200,825)
Total assets less current liabilities	1,289,290	1,078,441
Creditors: amounts falling due after more than one year
Loans	2,000	25,000
Net Assets	1,287,290	1,053,441
Funds (note 10)
Unrestricted funds	1,287,290	1,053,441
Total Funds	1,287,290	1,053,441

The unaudited financial statements were approved and authorised for issue by the Trustees of Mostyn Gospel Hall Trust on .........................................and were signed on its behalf by:

.............................................................................................

Mr P J Fear (Trustee)

The notes on pages 11 - 19 form part of these financial statements.

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Notes forming part of the Financial Statements

Mostyn Gospel Hall Trust For the year ended 5 April 2024

1. ACCOUNTING POLICIES

1.1 Basis of financial statements

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, and incorporating update bulletins 1 and 2, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally Accepted Accounting Practice.

The functional currency of the charity is sterling (£).

The Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

1.2 Income

Donations are recognised in the year in which there is entitlement and probability of receipt and the amount can be measured with reasonable certainty. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future year. Gift aid is added to the value of the donation to which it relates.

Donated services are recognised as income and expenditure in the financial statements when organisations or individuals offer their services and support pro bono. The value of these donated services to Mostyn Gospel Hall Trust is considered to be equal to market value which would be paid were the service formally procured. This includes services paid for by other trusts.

Investment income is accounted for on a receivable basis.

1.3 Expenditure

Expenditure is included on an accruals basis. Liabilities are recognised as soon as there is 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 and support 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 to charitable activities on the basis of capacity used.

1.5 Tangible fixed assets and depreciation

Tangible fixed assets (costing more than £100) are stated at cost less depreciation. Freehold land is not depreciated. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:

Freehold buildings	2% straight line
Property improvements	2% straight line
Fixtures and Fittings	10% straight line

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Notes forming part of the Financial Statements

1.6 Taxation

The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitable activities, provided income falls within the charitable exemptions and is spent on charitable purposes.

1.7 Funds

The general unrestricted fund is free for the Trustees to use for any purposes in furtherance of the trust’s charitable objects.

Restricted funds arise from donations to the trust, which are made for a specific purpose. Restricted funds can only be used for the purpose for which funds were given.

1.8 Preparation of consolidated financial statements

The Charity does not have a trading subsidiary.

1.9 Going Concern

The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

1.10 Significant estimates and judgements

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. TRUSTEES' REMUNERATION AND EXPENSES

No Trustees received any remuneration or other benefits from an employment with the charity and no Trustees were reimbursed for expenses (2023: none)

3. WAGES AND SALARIES

There are no employees (2023: none)

4. Grants

2024 2023	2024 2023
Grants:
	Grants Received from:
	Grants from affiliated trusts - KPGHT - 25,000
	Grants from CGHT - 16,500
	Total Grants Received: - 41,500

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Notes forming part of the Financial Statements

5. Tangible Fixed Assets

Cost	Freehold Property - Leicester Road	Freehold Property - Peckleton Lane	Freehold Property - Leicester Road, Earl Shilton	Property Improvements - Peckleton Lane	Property Improvements - Leicester Road, Earl Shilton	Fixtures and Fittings	Totals
At 6 April 2023	135,000	401,425	822,338	34,316	3,539	1,398	1,398,017
Additions				1,352	22,316	3,035	26,703
Disposals
At 5 April 2024	135,000	401,425	822,338	35,668	25,855	4,433	1,424,720
Depreciation
At 6 April 2023	27,250	79,067	3,306	8,532	12	585	118,751
Current Year Depreciation	1,100	5,352	10,970	691	259	389	18,761
Eliminated on disposals
At 5 April 2024	28,350	84,419	14,276	9,222	271	974	137,512
Net Book Value
At 5 April 2024	106,650	317,006	808,062	26,445	25,584	3,459	1,287,207
At 5 April 2023	107,750	322,358	819,032	25,785	3,527	813	1,279,266

Land registry titles of the above property held are LT103728, LT283690, LT374915, LT263084..

6. TRANSACTIONS WITH RELATED PARTIES

During the financial year, aggregated donations of £2,365 (2023: £4,529) were received. A donation of £130,000 was also received from Quantum House Holdings Limited, where a director is a related party, as well as £100,000 from Plant Plan Limited where a director is a trustee.

7. VOLUNTEERS

Mostyn Gospel Hall Trust relies entirely on volunteers to carry out the management, administration and general maintenance work. The Trust has no paid staff or paid Trustees.

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Trustees Report & Unaudited Financial Statements

Mostyn Gospel Hall Trust

Resources Expended

Mostyn Gospel Hall Trust For the year ended 5 April 2024

8. Resources Expended

	MEETING ROOMS	OTHER CHARITABLE ACTIVITIES	TOTAL COSTS 2024	TOTAL COSTS 2023
Direct Costs
Premises costs - repairs and maintenance	6,291	-	6,291	1,807
Premises costs - heat, light and power	6,613	-	6,613	8,514
Premises costs - rent and rates	2,732	-	2,732	-
Telephone	403	-	403	245
Health and Safety	212	-	212	1,700
Legal and professional	-	-	-	(2)
Bank charges	60	-	60	56
Special meeting costs	240	-	240	480
Stationery	-	-	-	21
Depreciation	18,761	-	18,761	10,570
Insurance	4,065	-	4,065	1,600
Other Expenses	503	-	503	12
Governance	1,771	-	1,771	784
Total Direct Costs	41,651	-	41,651	25,787

Governance costs include £300 (prior year: £180) in respect of independent examiners fees.

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Analysis of Net Assets - Current year

Mostyn Gospel Hall Trust For the year ended 5 April 2024

9. ANALYSIS OF NET ASSETS BETWEEN FUNDS

9.1 Current Year
	UNRESTRICTED	DESIGNATED	RESTRICTED	TOTAL FUNDS
	FUNDS	FUNDS	FUNDS	2024
Funds
Tangible Fixed Assets	1,287,208	-	-	1,287,208
Current Assets	143,592	-	-	143,592
Current Liabilities	(141,510)	-	-	(141,510)
Non Current Liabilities	(2,000)	-	-	(2,000)
Total Funds	1,287,290	-	-	1,287,290

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Analysis of Net Assets - Prior Year

Mostyn Gospel Hall Trust For the year ended 5 April 2024

9.2 Prior Year

	UNRESTRICTED	DESIGNATED	RESTRICTED	TOTAL FUNDS
	FUNDS	FUNDS	FUNDS	2023
Funds
Tangible Fixed Assets	1,279,266	-	-	1,279,266
Current Assets	59,958	-	-	59,958
Current Liabilities	(260,784)	-	-	(260,784)
Non Current Liabilities	(25,000)	-	-	(25,000)
Total Funds	1,053,441	-	-	1,053,441

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Movement in Funds - Current Year

Mostyn Gospel Hall Trust For the year ended 5 April 2024

11. Movement in Funds

11.1 Movement in funds - current year

	UNRESTRICTED	DESIGNATED	RESTRICTED	TOTAL FUNDS
	FUNDS	FUNDS	FUNDS	2024
Movement in Funds
Total funds bought forward	1,053,441	-	-	1,053,441
Incoming resources	167,501	-	-	167,501
Resources expended	(41,651)	-	-	(41,651)
Total funds carried forward	1,179,290	-	-	1,179,290

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Movement in Funds - Prior Year

Mostyn Gospel Hall Trust For the year ended 5 April 2024

10. Movement in Funds

10.2 Movement in funds - Prior year

	UNRESTRICTED	DESIGNATED	RESTRICTED	TOTAL FUNDS
	FUNDS	FUNDS	FUNDS	2023
Movement in Funds
Total funds bought forward	1,007,263	-	-	1,007,263
Incoming resources	71,964	-	-	71,964
Resources expended	(25,787)	-	-	(25,787)
Total funds carried forward	1,053,441	-	-	1,053,441

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust

Comparative Statement of Financial Activities

Mostyn Gospel Hall Trust For the year ended 5 April 2024

Comparative Statement of Financial Activities Mostyn Gospel Hall Trust For the year ended 5 April 2024	Comparative Statement of Financial Activities Mostyn Gospel Hall Trust For the year ended 5 April 2024
UNRESTRICTED FUNDS DESIGNATED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2023
Income and endowments:
	Donations and Legacies:
	Contributions from the Congregation 20,017 - - 20,017
	Gift Aid Donations 7,310 - - 7,310
	Income Tax refunds 1,828 - - 1,828
	Grants Received (note 4) 41,500 - - 41,500 Investments
	Interest Received 1,309 - - 1,309
Total Income and endowments: 71,964 - - 71,964 Expenditure:
Running Meeting Rooms (note 8) 25,787 - - 25,787
Total Expenditure: 25,787 - - 25,787
Net Income/(Expenditure) 46,177 - - 46,177
Net Movement In Funds 46,177 - - 46,177 UNRESTRICTED FUNDS DESIGNATED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2023
Reconciliation of funds (note 10)
Total Funds bought forward 1,007,263 - - 1,007,263
Net movement in funds 46,177 - - 46,177
Total Funds carried forward 1,053,441 - - 1,053,441

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Trustees Report & Unaudited Financial Statements Mostyn Gospel Hall Trust