OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-04-05-accounts

Charity Registration No: 1161971

The Mowbray Gospel Hall Trust

Report of the trustees and unaudited financial statements Year ended 5 April 2023

The Mowbray Gospel Hall Trust

Contents

Pages
Reference and administrative details 2
Report of the trustees 3­6
Independent examiner’s report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10­15

1

The Mowbray Gospel Hall Trust

Reference and administrative details For the year ended 5 April 2023

Charity name The Mowbray Gospel Hall Trust
Registered charity number 1161971
Trustees Anthony J Drake (Chair)
Marcus F Fentiman
Roger F Marsh
Christopher Norman
Simon Drake
Treasurer Anthony J Drake
Principal address 25A Church Street
Little Shelford
Cambridge
CB22 5HG
Independent examiner Matthew Pettifer FCA
Staffords
Chartered Accountants
Unit 1 Cambridge House
Camboro Business Park
Oakington Road
Girton
Cambridge
CB3 0QH
Bankers National Westminster Bank PLC
Cambridge, Market Street
Leicester Customer Service Centre
11 Western Boulevard
Bede Island
LE2 7EJ

2

The Mowbray Gospel Hall Trust

Report of the Trustees For the year ended 5 April 2023

The Trustees present their report along with the financial statements of the Charity for the year ended 5 April 2023. The financial statements have been prepared in accordance with the accounting policies set out on page 10­11 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 13 October 1982, most recently amended by Deed of Variation dated 15 August 2014. The Trust was registered with the Charity Commission for England and Wales on 3 June 2015 under Charity Registration Number: 1161971.

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 2023 (2022: £nil).

The Trust operates a Gospel hall and Trustees are chosen from among the regular congregation of the hall. 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 Charity also maintains particular links with Radegund Gospel Hall Trust, and Causeway Gospel Hall Trust, with which it shares members of its congregation and pays bills on behalf of those Trusts.

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 world­wide 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

The Mowbray Gospel Hall Trust

Report of the Trustees For the year ended 5 April 2023

Public benefit (cont.)

The Rapid Relief Team is a charitable arm of the Brethren and is separate to the church charities. Members of the congregation volunteer to work for RRT for local and global charitable initiatives. Examples of these during the year were:

Main activities and achievements

The Trust provides and maintains a Gospel hall 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’s main achievement this year has been continuing to open the hall to the congregation and visitors and encouraging good works by them which benefit the wider community, as described below.

The trustees have also operated an Emergency Needs fund for the duration of the coronavirus pandemic and any resultant economic downturn. This is providing limited financial assistance by the way of grocery vouchers to households, who have experienced a recent and significant decrease in income due to the pandemic, such that it is likely to impact on the health and/or welfare of members of the household. The trust has appointed a Local Welfare Panel to manage the application process and to administer the vouchers to qualifying applicants. Due to the end of the restrictions the fund has now closed.

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 hall 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 50 and 100 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 hall and visitors are free to help themselves.

Spreading the Gospel message and the life of a Christian

The Gospel hall is 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.

4

The Mowbray Gospel Hall Trust

Report of the Trustees For the year ended 5 April 2023

In addition to street preaching, members of the congregation maintain links with prison chaplains to provide Christian literature. The Trust also operated a programme of providing regular packs of nutritious food and gospel literature to homeless and needy persons through local charities or homeless societies.

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:

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 2023, the Trust had a modest deficit of incoming resources over resources expended. Total voluntary income received this year was £320,398 compared to £53,319 in the previous year.

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 £82,929, after adjusting for the long term loan. While this is technically repayable on 3 months notice, in the opinion of the trustees, it is unlikely that is will be called on for repayment until the cash balance allows.

5

The Mowbray Gospel Hall TrI￿t Report of the Trustees For the year ended 5 Aprll 2023 Statement of Trustee< responslbHilies The trustees are responsible for preparing the Trustees. Annual Report and the financial statements In accordance with applicable law and Unitèd Kingdom Accounting Standar¢ts (Untted Kingdom Generally Ac£epted Accounting Practice). The law applicable to charittes in England &Wales requires thetrustee5to p￿pare finanaal statements for each financial year which give a true and fair VIÈW of the state of affairs of the tharity and of the incoming resources and applitstion of resources of the tharityforthatperiod. In preparingthesefinancial statements, the trustees are required to- lect suitable accounting polioes and then apply them consistent￿. observe the methods and principles in the Charities SORP IFRS 102).. makejud8ements arKI estimates that are reasonable and prudent- state whether applicable accounting standards have been followed. subject to any material departures distlosed and explained in the financial statements,. prepare the finanaal ststements on the going cOn￿rn basis unless it is inappropriate to presume that thè th3rity will continue in operation. The trustees are responsible for keeping proper a¢rounting records that disclose with reasonable accuracy at any time the financial FKJSition of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. thè Charities (Accourrts and Reportsl Regulations 2008 and the provisions of the trust deed. They are also re5pon5iWe for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention arKI detection of fraud and other irregularities. All traD￿rtIOnS have been revièwed and approved by two trustees. On behalf of the Board.. MrADrake Trustee I r/oi./ 102

The Mowbray Gospel Hall Trust

Independent examiner’s report to the trustees For the year ended 5 April 2023

I report to the trustees on my examination of the accounts of the Mowbray Gospel Hall Trust for the year ended 05 April 2023.

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

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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.

………………………………………… Matthew Pettifer FCA Staffords Chartered Accountants Unit 1, Cambridge House Camboro Business Park Girton, Cambridge, CB3 0QH

7

The Mowbray Gospel Hall Trust

Statement of financial activities For the year ended 5 April 2023

Unrestricted Designated Restricted Total Funds Total Funds
Funds Funds Funds 2023 2022
Notes £ £ £ £ £
Income and endowments from:
Donations and legacies:
Contributions from the 267,104 ­ ­ 267,104 39,811
congregation
Gift Aid donations 40,505 ­ ­ 40,505 6,630
Income tax refunds 10,285 ­ ­ 10,285 1,657
Payroll giving 2,504 ­ ­ 2,504 4,304
Other donations ­ ­ ­ ­ 917
Investments
Bank interest 33 ­ ­ 33 1
Other
Interments 27,300 ­ ­ 27,300 13,500
Total 347,731 ­ ­ 347,731 66,820
Expenditure on:
Charitable activities
Running meeting rooms 21,353 ­ ­ 21,353 5,807
Conference costs ­ ­ ­ ­ 675
Interments 5,948 ­ ­ 5,948 3,930
Insurance 2,085 ­ ­ 2,085 1,765
Legal and professional fees 4,193 ­ ­ 4,193 2,527
Independent Examiner’s fee 1,002 ­ ­ 1,002 975
Repairs and maintenance 5,887 ­ ­ 5,887 6,123
Plant and machinery 1,445 ­ ­ 1,445 1,926
Cost of donated services 4 35,091 ­ ­ 35,091 20,433
Donations 4 ­ ­ ­ ­ 500
Grants 5 455,796 ­ ­ 455,796 ­
Total 6 532,800 ­ ­ 532,800 44,661
Net income/(expenditure) (185,069) ­ ­ (185,069) 22,159
Transfer between funds ­ ­ ­ ­ ­
Net movement in funds (185,069) ­ ­ (185,069) 22,159
Reconciliation of funds
Total funds brought forward 858,367 ­ ­ 858,367 836,208
Total funds carried forward 673,298 ­ ­ 673,298 858,367

The notes on pages 10 to 15 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

The Mowbray Gospel Hall Trust

Balance sheet As at 5 April 2023

Notes
Fixed assets
Tangible fixed assets
7
Investments
8
Current assets
Debtors:
Prepayments and accrued income
Other debtors
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one year:
Other creditors
Loan
Accruals and deferred income
Net current (liabilities) / 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
9		 2023
£
745,617
100
745,717
1,372
12,235
71,387
84,994
707
155,348
1,358
157,413
( 72,419)
673,298
­
673,298
673,298
­
673,298		 2022
£
745,634
100
745,734
1,285
3,159
112,597
117,041
907
­
3,501
4,408
112,633
858,367
­
858,367
858,367
­
858,367

The unaudited financial statements were approved and authorised for issue by the Trustee of the Mowbray Gospel Hall Trust on 2024 and signed on their behalf by

Mr A Drake Trustee

The notes on pages 10 to 15 form part of these financial statements

9

The Mowbray Gospel Hall Trust

Notes to the financial statements For the year ended 5 April 2023

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).

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 the Mowbray 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 not depreciated Temporary buildings 20% straight line Fixtures and Fittings 10% straight line

10

The Mowbray Gospel Hall Trust

Notes to the financial statements For the year ended 5 April 2023

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 has a trading subsidiary that has been dormant throughout the period 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 (2022: None).

3. Wages and salaries

There are no employees (2022: none).

4. Donations and Donated services

Donated Services to:
Causeway Gospel Hall Trust
Radegund Gospel Hall Trust
Donations to:
Arthur Rank Hospice		 2023
£
396
34,695
35,091
2023
£
­		 2022
£
4,767
15,666
20,433
2022
£
500

11

The Mowbray Gospel Hall Trust

Notes to the financial statements For the year ended 5 April 2023

5.
Grants
Grants to:
Radegund Gospel Hall Trust		 2023
£
455,796		 2022
£
­

6. Resources expended

Direct costs
Support costs
Governance		 Meeting
rooms
Other
charitable
activities
2023
£
£
£
519,572
5,948
525,520
6,278
­
6,278
1,002
­
1,002		 Meeting
Rooms
Other
charitable
activities
£
£
35,464
3,929
4,293
­
975
­

Governance costs include £1,002 (2022: £975) in respect of independent examiner’s fees.

7. Tangible fixed assets

Freehold
Property and
Refurbishment
£
Cost
Brought forward at
6 April 2022
739,856
Additions
1,427
At 5 April 2023
741,283
Depreciation
Brought forward at
6 April 2022
­
Charge for the year
­
At 5 April 2023
­
Net book value
At 5 April 2023
741,283
At 5 April 2022
739,856		 Furniture,
fixtures &
fittings
£
55,396
­
55,396
49,617
1,445
51,062
4,334
5,779		 Total
£
795,252
1,427
796,679
49,617
1,445
51,062
745,617
745,635

Property Details:

Land registry titles of the above property held are CB145766.

12

The Mowbray Gospel Hall Trust

Notes to the financial statements For the year ended 5 April 2023

8. Investments

At 5 April 2022 and at 5 April 2023
Net book value
At 5 April 2022 and at 5 April 2023		 Shares in
Group
Undertakings
£
100
100

The investments comprise 100% of the share capital of Mowbray Contracts Ltd, company number 09273757. There were no investment assets outside the UK. The trustees have taken advantage of the exemption under section 139 of the Charities Act 2011 not to prepare consolidated accounts.

9. Analysis of net assets between funds

Tangible fixed assets
Current assets
Total liabilities
Total funds
rior year
Tangible fixed assets
Current assets
Total liabilities
Total funds		 Unrestricted
Funds
£
745,717
84,994
(157,413)
673,298
Unrestricted
funds
£
745,734
117,041
( 4,408)
858,367		 Restricted
Funds
£
­
­
­
­
Restricted
funds
£
­
­
­
­		 Total Funds
£
745,717
84,994
(157,413)
673,298
Total Funds
£
745,734
117,041
( 4,408)
858,367

13

The Mowbray Gospel Hall Trust

Notes to the financial statements For the year ended 5 April 2023

10. Movement in funds

Restricted funds
Designated Funds
Unrestricted funds
Total funds		 Balance at
6 April
2022
Incoming
resources
Resources
expended
Realised/
unrealised
gains and
losses
Balance at 5
April 2023
£
£
£
£
£
­
­
­
­
­
­
­
­
­
­
858,367
347,731
(532,800)
­
673,298
858,367
347,731
(532,800)
­
673,298

10.2 Prior year

Restricted funds
Designated Funds
Unrestricted funds
Total funds		 Balance at
6 April
2021
Incoming
resources
Resources
expended
Realised/
unrealised
gains and
losses
Balance at 5
April 2022
£
£
£
£
£
­
­
­
­
­
­
­
­
­
­
836,208
66,820
(44,661)
­
858,367
836,208
66,820
(44,661)
­
858,367

11. Transactions with related parties

Simon Drake (a trustee of the charity) is an owner of Armada, from which Mowbray Gospel Hall Trust procured services totalling £1,005 (2022: £845) and received donations of £1,275 (2022: £nil).

Roger Marsh (a trustee of the charity) is a director of Granta Processors Ltd, from which Mowbray Gospel Hall Trust procured services totalling £813 (2022: £482) and also a director of Granta Automation Ltd, from which Mowbray Gospel Hall Trust procured services totalling £291 (2022: £nil).

Anthony Drake (a trustee of the charity) is a director of Accora Ltd, from which Mowbray Gospel Hall Trust received donations of £150,000 (2022: £nil).

Marcus Fentiman (a trustee of the charity) is an owner of McKinleys, from which Mowbray Gospel Hall Trust received donations of £6,000 (2022: £nil).

During the year, Mowbray Gospel Hall Trust received donations of £11,130 (2022: £2,640) from Trustees and relatives of Trustees. Three trustees were reimbursed for expenses totalling £3,115 (2022: £nil) in the year.

14

The Mowbray Gospel Hall Trust

Notes to the financial statements For the year ended 5 April 2023

12. Volunteers

Mowbray 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.

13. Comparative Statement of Financial Activities

Unrestricted Designated Restricted Total Funds
Funds Funds Funds 2022
Notes £ £ £ £
Income and endowments from:
Donations and legacies:
Contributions from the 39,811 ­ ­ 39,811
congregation
Gift Aid donations 6,630 ­ ­ 6,630
Income tax refunds 1,657 ­ ­ 1,657
Donated services 4 ­ ­ ­ ­
Payroll giving 4,304 ­ ­ 4,304
Other donations 917 ­ ­ 917
Grants
Investments
Bank interest 1 ­ ­ 1
Other
Interments 13,500 ­ ­ 13,500
Total 66,820 ­ ­ 66,820
Expenditure on:
Charitable activities
Running meeting rooms 5,807 ­ ­ 5,807
Conference costs 675 ­ ­ 675
Interments 3,930 ­ ­ 3,930
Insurance 1,765 ­ ­ 1,765
Legal and professional fees 2,527 ­ ­ 2,527
Independent Examiner’s fee 975 ­ ­ 975
Repairs and maintenance 6,123 ­ ­ 6,123
Plant & machinery 1,926 ­ ­ 1,926
depreciation
Cost of donated services 4 20,433 ­ ­ 20,433
Donations 4 500 ­ ­ 500
Total 6 44,661 ­ ­ 44,661
Net income/(expenditure) 22,159 ­ ­ 22,159
Transfers between funds ­ ­ ­ ­
Net movement in funds 22,159 ­ ­ 22,159
Reconciliation of funds
Total funds brought forward 836,208 ­ ­ 836,208
Total funds carried forward 858,367 ­ ­ 858,367

15