**Charity Registration No: 1161970** ## **Chesterfield Gospel Hall Trust** **Report of the trustees and unaudited financial statements Year ended 5 April 2025** **Chesterfield Gospel Hall Trust** ## **Contents** ||Pages| |---|---| |Reference and administrative details|2| |Report of the trustees|3-6| |Independent examiner’s report|7| |Statement of financial activities|8| |Balance sheet|9| |Cashflow statement|10| |Notes to the financial statements|11 -18| 1 ## **Chesterfield Gospel Hall Trust** ## **Reference and administrative details For the year ended 5 April 2025** |**Charity name**|Chesterfield Gospel Hall Trust| |---|---| |**Registered charity number**|1161970| |**Trustees**|Jonathan Brown| ||James Davies| ||Chris Cuckson| ||Rolf Ingram (Chair)| ||Ed Smith| |**Treasurer**|James Davies| |**Principal address**|2 Westbrook Drive| ||Brookside| ||Chesterfield| ||S40 3PQ| |**Independent examiner**|Clare Farmer ACCA| ||Hadfields Chartered Certified Accountants| ||Commerce House| ||658B Chatsworth Road| ||Chesterfield| ||S40 3JZ| |**Bankers**|Royal Bank of Scotland| ||5 Church Street| ||Sheffield| ||S1 1HF| ||Lloyds Bank| ||PO Box 1000| ||Andover| ||BX1 1LT| 2 **Report of the Trustees For the year ended 5 April 2025** ## **Chesterfield Gospel Hall Trust** The Trustees present their report along with the financial statements of the Charity for the year ended 5 April 2025. 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 23 January 2004, most recently amended by Deed of Variation dated 19 August 2014. The Trust was registered with the Charity Commission for England and Wales on 3[rd] June 2015 under Charity Registration Number: 1161970 ## **Recruitment and appointment of new trustees** The names of the Trustees who served during the year and since the year end are set out on page 2. None of the Trustees, nor any person connected with them, received any remuneration or expenses from the Charity in the year ended 5 April 2025 (2024 : £nil). The Trust operates four 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. ## **Risk management** The Trustees have identified and reviewed the major risks to which the Charity is exposed and confirm that they have established systems or procedures to manage and mitigate those risks. ## **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. ## **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. 3 **Chesterfield Gospel Hall Trust** ## **Report of the Trustees For the year ended 5 April 2025** ## **Main activities and achievements** The Trust provides and maintains four 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. The Trust has continued to open the halls to the congregation and visitors and encouraged good works by the congregation which benefit the wider community, as described below. ## **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 would normally 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 500 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 the times of Gospel preachings, along with a telephone number for those seeking further information or help. Gospel tracts, which are distributed by street preachers, also display this information. Bibles and an extensive range of other Christian reading material are on display at the halls and visitors are free to help themselves. ## **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 addition to street preaching, members of the congregation undertook the following:- - Gospel Tracts & Literature Available from the Gospel Hall - The Trust maintains a display of gospel tracts, literature and Bibles and this fact is advertised on the Sign Board at the street entrance. - Street Preachings & Tract Distribution - 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. We have maintained our longstanding committal to the open-air preachings in the town centre of Chesterfield. We have 3 preaching sessions per week and have handed out many gospel tracts and a number of bibles in this accounts period. Each tract has contact details and times of our afternoon preaching. This has continued to spread the availability of attending our meetings. - Private distribution of Tracts and Bibles - Some members hold tracts and bibles available for distribution within their work environment. Community members have donated bibles to neighbours, contacts and persons in need and we have a good response to the tract distribution with members of the public reporting they enjoy reading them. The Trust has covered the cost of the tracts. - In particular, members of the congregation have supported the activities of the registered Charity RRT, which is a separate charity. Examples of the kind of work undertaken may be seen on their website - https://rrtglobal.org/gb/ 4 ## **Chesterfield Gospel Hall Trust** ## **Report of the Trustees For the year ended 5 April 2025** - In the accounting period: - Tracts distributed = 3867 - Bibles distributed = 2 - Man hours donated to RRT = 320 - Community help hours = approximately 60 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** ## **Financial position** In the year ended 5 April 2025, the Trust had a modest surplus of incoming resources over resources expended. Total voluntary income received this year was £244,695 compared to £955,621 in the previous year. All funds held were unrestricted funds. The Trust borrowed £500,000 interest free from CGHT on a 5-year repayment to enable the purchase of the St Hugh’s Church (now known as the Littlemoor Hall). At 5 April 2025, this had all been repaid. During the year covered by these accounts, we have progressed our proposals to develop the land owned by the Trust at Holmewood into a Gospel Hall to cater for our increasing numbers. We have taken professional advice from a number of disciplines, including an architect, a planning consultant, and various other key advisors. We requested pre-application advice from North East Derbyshire District Council using their formal process and received a positive response. At the request of the council, we also engaged with a Design Review Panel to ensure that the quality of design met the council's requirements and have made some adjustments to our proposals following this. Again, at the request of the council, we have looked at and incorporated designs to provide 33 flats for older persons, which we see as contributing to the viability of the project and to needs local to the Holmewood area. Costs have been in line with expectations and comparable to those expended by other Trusts attempting similar projects. 5 **Chesterfield Gospel Hall Trust** ## **Report of the Trustees For the year ended 5 April 2025** ## **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. 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 £97,144 (2024 : £196,885). ## **Statement of Trustees’ responsibilities** The trustees are responsible for preparing the Trustees’ Annual Report 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 & Wales requires 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 of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities 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 that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 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: James Davies Trustee 4 November 2025 6 **Chesterfield Gospel Hall Trust** **Independent examiner’s report to the trustees For the year ended 5 April 2025** I report to the trustees on my examination of the accounts of the Chesterfield Gospel Hall Trust for the year ended 05 April 2025. ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **BASIS OF THE INDEPENDENT EXAMINER'S REPORT** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. ## **INDEPENDENT EXAMINER'S STATEMENT** I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. The accounts do not accord with those records; or 3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. C Farmer ACCA November 2025 7 ## **Chesterfield Gospel Hall Trust** ## **Statement of financial activities For the year ended 5 April 2025** |||**Unrestricted**|**Designated**|**Restricted**|**Total Funds**|**Total Funds**| |---|---|---|---|---|---|---| |||**Funds**|**Funds**|**Funds**|**2025**|**2024**| ||**Notes**|**£**|**£**|**£**|**£**|**£**| |**Income and endowments from:**||||||| |**_Donations and legacies:_**||||||| |Collections||136,115|-|-|136,115|841,110| |Contributions from the||36,352|-|-|36,352|46,384| |congregation||||||| |Gift Aid donations||59,585|-|-|59,585|53,430| |Income tax refunds||11,146|-|-|11,146|13,357| |Donated services|**4**|-|-|-|-|-| |Payroll giving||1,497|-|-|1,497|1,340| |Legacies||-|-|-|-|-| |Grants||-||||| |**_Investments_**||||||| |Bank interest||-|-|-|-|-| |**Total**||244,695|-|-|244,695|955,621| |**Expenditure on:**||||||| |**_Charitable activities_**||||||| |Donations||-|-|-|-|4,499| |Support costs||3,181|-|-|3,181|4,931| |Direct Costs||114,947|-|-|114,947|35,726| |Governance costs|**5**|585|-|-|585|553| |**Total**|**5**|118,713|-|-|118,713|45,709| |**Net income/(expenditure)**||125,982|-|-|125,982|909,912| |Transfer between funds||-|-|-|-|-| |**Net movement in funds**||125,982|-|-|125,982|909,912| |**Reconciliation of funds**||||||| |Total funds brought forward||3,077,809|-|-|3,077,809|2,167,897| |**Total funds carried forward**||3,203,791|-|-|3,203,791|3,077,809| The notes on pages 11 to 17 form part of these financial statements. All of the above activities are classed as continuing and there are no gains and losses other than those included above. 8 ## **Chesterfield Gospel Hall Trust** ## **Balance Sheet As at 5 April 2025** |**Notes**
**Fixed assets**
Tangible fixed assets
**6**
**Current assets**
Debtors:
Prepayments and accrued income
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one year:
Other creditors
Accruals and deferred income
Net current assets
**Total assets less current liabilities**
Creditors: amounts falling due after more than one year:
Loan
**Net assets**
**Funds**
Unrestricted income fund
Restricted funds
**Total funds**
**7**|**2025**
**£**
3,206,647
11,146
86,583
97,729
-
(585)
97,144
3,303,791
(100,000)
3,203,791
3,203,791
-
3,203,791|**2024**
**£**
3,145,924| |---|---|---| |||13,357
198,580| |||211,937
(14,500)
(552)
196,885| |||3,342,809
(265,000)| |||3,077,809| |||3,077,809
-| |||3,077,809| The unaudited financial statements were approved and authorised for issue by the Trustee of Chesterfield Gospel Hall Trust on 4 November 2025 and signed on their behalf by J Davies Trustee The notes on pages 11 to 17 form part of these financial statements 9 ## **Chesterfield Gospel Hall Trust** ## **Cashflow Statement As at 5 April 2025** |**Note**
**s**
**Cash fows from operatng actvites:**
**Net income/(expenditure) for the**
**reportng period (as per the**
**statement of fnancial actvites)**
**_Adjustments for:_**
Depreciaton charges
(Gains)/losses on investments
Dividends, interest and rents from
investments
Loss/(proft) on the sale of fxed
assets
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by (used in)**
**operatng actvites**
**Cash fows from investng actvites:**
Dividends, interest and rents from
investments
Proceeds from the sale of
property, plant and equipment
Purchase of property, plant and
equipment
Proceeds from sale of investments
Purchase of investments
**Net cash provided by (used in)**
**investng actvites**
**Cash fows from fnancing actvites:**
Repayments of borrowing
Cash infows from new borrowing
Receipt of endowment
**Net cash provided by (used in)**
**fnancing actvites**
Change in cash and cash equivalents
in the reportng period
**Cash and cash equivalents at the**
**beginning of the reportng period**
**Cash and cash equivalents at the**
**end of the reportng period**
**9**|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**£**
**£**
**£**
125,982
-
-
214
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,212
-
-
(179,467)
-
-|**Total Funds**
**2025**
**Total Funds**
**2024**
**£**
**£**
125,982
909,912
214
101
-
-
-
-
-
-
-
-
2,212
6,170
(179,467)
166,037| |---|---|---| ||(51,059)
-
-|(51,059)
1,082,220| ||-
-
-
-
-
-
(60,938)
-
-
-
-
-
-
-
-|-
-
-
-
(60,938)
(1,011,888)
-
-
-
-| ||(111,997)
-
-|(111,997)
70,332| ||(129,500)
-
-
-
-
-
-
-
-|(129,500)
(84,000)
-
250,000
-
-| ||(129,500)
-
-|(129,500)
166,000| ||(111,997)
-
-
198,580
-
-|(111,997)
70,332
198,580
128,248| ||86,583
-
-|86,583
198,580| 10 ## **Chesterfield Gospel Hall Trust** **Notes to the financial statements For the year ended 5 April 2025** ## **1. Accounting policies** ## 1.1 Basis of preparation financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Second edition of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and UK Generally Accepted 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. There were no donated services to Chesterfield Gospel Hall Trust in this year. 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 Not depreciated Property improvements Not depreciated Fixtures and Fittings 20% straight line 11 ## **Chesterfield Gospel Hall Trust** ## **Notes to the financial statements For the year ended 5 April 2025** ## 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 and there is no requirement to prepare consolidated accounts - 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 (2024: None). ## **3. Wages and salaries** There are no employees (2024: none). ## **4. Donated services** There were no donated services during the year (2024: none) 12 **Chesterfield Gospel Hall Trust** ## **Notes to the financial statements For the year ended 5 April 2025** ## **5. Resources expended** |**Direct costs**
-
Running meetings rooms
-
Project Costs
-
Public outreach
-
Health and safety
-
Congregation Support
-
Other Maintenance
-
Legal and professional costs
**Support Costs**
**Donations**
**Governance**|**Meeting rooms**
**Other**
**charitable**
**activities**
**£**
**£**
87,157
25,136
-
1,440
-
214
-
3,181
-
-
1,000
-
-
-
-
-
-
-
585
-|**2025**
**£**
87,157
25,136
1,000
1,440
-
214
-
3,181
-
585|**2024**
**£**
26,917
5,195
2,158
1,320
-
101
35
4,931
4,499
553| |---|---|---|---| ||117,713 1,000|118,713|45,709| ||||| Governance costs include £585 (2024: £553) in respect of independent examiner’s fees. 13 **Chesterfield Gospel Hall Trust** ## **Notes to the financial statements For the year ended 5 April 2025** ## **6. Tangible fixed assets** |**Freehold**
**Property and**
**Refurbishment**
**£**
**Cost**
Brought forward at
6 April 2024
Additions
2,586,069
60,936
Disposals
-
**At 5 April 2025**
2,647,005
**Depreciation**
Brought forward at
6 April 2024
-
Charge for the year
Impairment
-
Disposals
-
**At 5 April 2025**
-
**Net book value**
**At 5 April 2025**
2,647,005
**At 5 April 2024**
2,586,069|**Improvements**
**to**
**property**
**£**
558,900
-
-
558,900
-
-
-
-
558,900
558,900|**Furniture,**
**fixtures &**
**fittings**
**£**
19,428
-
-
19,428
18,472
214
-
18,686
742
956|**Total**
**£**
3,164,397
60,936
-| |---|---|---|---| ||||3,225,333| ||||18,472
214
-| ||||18,686| ||||3,206,647| ||||3,145,924| ## **Property Details:** Land registry titles of the above property held are : Birkin Lane: DY141974 - £708,679 Broombank Road: DY124348, DY232710, DY205074, DY218564, DY490215 - £226,246 Littlemoor: DY440293 - £816,935 Holmewood: DY522318, DY277046 - £1,009,000 14 **Chesterfield Gospel Hall Trust** ## **Notes to the financial statements For the year ended 5 April 2025** ## **7. Analysis of net assets between funds** _7.1 Current year_ |||**Unrestricted**|**Designated**|
**Restricted**|
**Restricted**|**Total Funds**| |---|---|---|---|---|---|---| |||**Funds**|**Funds**|
**Funds**||| |||**£**|**£**||**£**|**£**| |Tangible fixed assets||3,206,647|-||-|3,206,647| |Current assets||97,729|-||-|97,729| |Current liabilities||(585)|-||-|(585)| |Non-current liabilities||(100,000)|-||-|(100,000)| |**Total funds**||3,203,791|-||-|3,203,791| |_7.2 Prior year_||||||| |||**Unrestricted**|**Designated**|
**Restricted**||**Total Funds**| |||**funds**|**Funds**|
**funds**||| |||**£**|**£**||**£**|**£**| |Tangible fixed assets||3,145,924|-||-|3,145,924| |Current assets||211,937|-||-|211,937| |Current liabilities||(15,052)|
-||-|(15,052)| |Non-current liabilities||(265,000)|-||-|(265,000)| |**Total funds**||3,077,809|-||-|3,077,809| |**Movement in funds**||||||| |_Current year_||||||| |||||**Realised/**||| ||**Balance at**
**6 April**
**2024**|**Incoming**
**resources**|**Resources**
**expended**
**unrealised**
**gains and**
**losses**||**Balance at 5**
**April 2025**|| ||**£**|**£**|**£**|**£**||**£**| |**Restricted funds**||||||| |Fund A|-|-|-|-||-| |Fund B|-|-|-|-||-| |Designated Funds|-|-|-|-||-| |Unrestricted funds|3,077,809|244,695|(118,713)|-||3,203,791| |**Total funds**|**3,077,809**|**244,695**|**(118,713)**|**-**||**3,203,791**| ## **8. Movement in funds** - _8.1 Current year_ 15 ## **Chesterfield Gospel Hall Trust** ## **Notes to the financial statements For the year ended 5 April 2025** ## _8.2 Prior year_ |**Restricted funds**
Fund A
Fund B
Designated Funds
Unrestricted funds
**Total funds**|**Balance at**
**6 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**Realised/**
**unrealised**
**gains and**
**losses**
**Balance at 5**
**April 2024**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-| |---|---| ||-
-
-
-
-
2,167,897
955,621
(45,709)
-
3,077,809| ||**2,167,897**
**955,621**
**(45,709)**
**-**
**3,077,809**| ## **9. Analysis of Cash and Cash equivalents** ||**Unrestricted**|**Designated**||**Restricted**|**Total**|**Total**| |---|---|---|---|---|---|---| ||**Funds**|**Funds**||**Funds**|**Funds**|**Funds**| ||||||**2025**|**2024**| ||**£**|**£**||**£**|**£**|**£**| |Cash in hand|86,583||-|-|86,583|198,580| |Notice deposits (less than||||||| |3 months)|-||-|-|-|-| |Overdraft facility repayable||||||| |on demand|-||-|-|-|-| |Other cash equivalents||||||| |(please specify)|-||-|-|-|-| |**Total cash and cash**
**equivalents**|86,583||-|-|86,583|198,580| 16 **Chesterfield Gospel Hall Trust** **Notes to the financial statements For the year ended 5 April 2025** ## **10. Transactions with related parties** The total aggregate amount of donations made by related parties is £25,160 (2024 : £37,630) ## **11. Post balance sheet events** Since the end of the accounting period, we have been preparing for a public consultation to ensure our proposals have the broad support of the residents in the area, prior to a proposed planning application which we expect to submit during the autumn of 2025. Should we be successful in our application, we will initiate the next stage of the project plan, including a thorough review of the financial aspects, especially the source of funds and responsible procurement. ## **12. Volunteers** Chesterfield 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. 17 **Chesterfield Gospel Hall Trust** ## **Notes to the financial statements For the year ended 5 April 2025** ## **13. Comparative Statement of Financial Activities** |||**Unrestricted**|**Designated**|**Restricted**|**Total Funds**| |---|---|---|---|---|---| |||**Funds**|**Funds**|**Funds**|**2024**| ||**Notes**|**£**|**£**|**£**|**£**| |**Income and endowments from:**|||||| |**_Donations and legacies:_**|||||| |Collections||841,110|-|-|841,110| |Contributions from the||46,384|-|-|46,384| |congregation|||||| |Gift Aid donations||53,430|-|-|53,430| |Income tax refunds||13,357|-|-|13,357| |Donated services|**4**|-|-|-|-| |Payroll giving||1,340|-|-|1,340| |Legacies||-|-|-|-| |Grants|||||| |**_Investments_**|||||| |Bank interest||-|-|-|-| |**_Other_**|||||| |Profit on sale of assets|||||| |**Total**||955,621|-|-|955,621| |**Expenditure on:**|||||| |**_Charitable activities_**|||||| |Donations||4,499|-|-|4,499| |Support costs||4,931|-|-|4,931| |Direct costs||35,726|-|-|35,726| |Governance costs|**5**|553|-|-|553| |**Total**|**5**|45,709|-|-|45,709| |**Net income/(expenditure)**||909,912|-|-|909,912| |Transfer between funds||-|-|-|-| |**Net movement in funds**||909,912|-|-|909,912| |**Reconciliation of funds**|||||| |Total funds brought forward||2,167,897|-|-|2,167,897| ||||||| |**Total funds carried forward**||3,077,809|-|-|3,077,809| 18