Charity re8lStration number.. 1161973
Maidstone Gospel Hall Trust
Annual Report and Financial Statement5
for ihe Y¢ar Ended S April 2024

Maidstone Gospel Hall Trust
Contenls (continu¢d)
Reference and Adtnini5trative Dctails
Trust¢e5' Report
2to6
Siatement of Trust¢es' Responsibilities
7t08
ITLdependent ExaTniner'$ Report
Staten]ent of Financial Acliviiics
10
Balanc¢ Sbeer
Notes lo the Financial Statements
12to 17

Maidstone Gospel Hall Trust
Ref¢renee and Administrative Details
Chairrnhn
Mr Martin Fleck
Trustees
Mr Charles Hathorn
Mr Martin Fleck
MT Timoihy Bo
Mr Robert Sautbderson
Mr Randall Paul Mallinson
1161973
Charity RegistrAtlon Nurnber
Prlncipal Offiee
Gospel Hall
Heath Road
Linto
Maidstone
ME174HT
Indepethdent Examiner
Hinton Abbott Accountants
2 Kingsdown Orchard
Hyde Road
Swindon
SN2 7tui
Page I

Maidston¢ Gospel Hall Trust
Trustees, Report
The trustees present the annual report tO8ether with the fJnanci81 statements of the charity for the yeaT ended 5 April
2024.
Slriicliire, goveriifjiice ftndiii¢Ti1fflgeiJ￿fvt
Governing document
The charity is controlled by a deed of trust, and constih]tes an unittcorporated charity.
The Maidstone Gospel Hall Trnst is constituied by a Deed of Trust dated 28th September 2004, amended by various
Deeds and iiiost rccehtly by Deed of Variation dated 10th of Deceniber 2014. The Tiust was re8jStered with the
Charity Commission for England aiid Wales on 3 Jllne 2015 under Charity Registration Number. 1161973.
Recruitment and appoiniment of new trusiees
The names of the fruste¢s who served during ihe year aiid since the year end are sel oui on page l. None of ihe
In15tee5. nor any persoll connected with them, received any remuE)¢ration or expens¢s fiDtn tlie Charity in the year
eThded S April 2024 {2023.. £Nil).
The Trust operate5 one Gospel halls and Trusle¢s are chosen from among the regular cong￿gallon of the halls. New
Tnistees are Thonilliated by the existii)g TTUStees or by the congregaiion and must be appoiiited by Ullanimous
resolution of the ¢ongregalion. They are selected according to their skills and expericncc alld are expected to Use
both in furthering the objecis of the Charity. Checks are made 10 ensure the Trusiees, eligibility to act and iiicomuig
Trustees are tnade awar¢ of their responsibilities by the exisiing Truylees, who enbure Ihal t]ew Trustces read th¢
Trust Deed and relevant Charity Conimis5ion guidance.
Wider J)¢twork
Tht Trustees maintain informal links Wlth ssmilar ¢harities with a view to pooling experien¢¢ Considered usefvl in
PUT5uing the objects of the Charity. The Charity also maintains pani¢ular liuks with the Invicta Gospel Hall Trust.
with which it shares members of its congTegation.
Risk management
The Trustees have idetitified and reviewed the tllajor risks to which the charity is exposed and confllm that they
have established systems or procedures to manage and miiigat¢ those rthsks.
Page 2

Maidstone Gospel Hall Trust
Trustees, Report (continued)
Objectives and activities
Oble¢tives and
The ¢haYit8ble PilTposes of the Charity are lh¢ advancemenl of tlie Christian reliBion for Éh¢ public benefit. including
by the canying on of the service of God iii accordance wilh the Old and New Te$tamcnt8 of the Holy Bible as
followed by those Christians forming parl of ihe wvrld-wide fellowship known a5 the Plymouth Brethren Christian
Church Iihe "Breihreii") and ally other ¢h4ritable putposes ¢onne¢ted with Brethren. The Core docirine of the
Breihreii and proper practices in fi]rtherance of certain aspects of doctrille are SUmn￿l.iSed in two schedule5 10 the
-I'ru5t Deed.
Publle benefit
The TTusi¢es conf￿￿ tliai they have cotnplied with their duty uttder section 4 of the Charities Act 2011 to have due
r¢gard tt> the Charity Con￿}1$910n'S general guidatyce to charities on publi¢ benefit.
Maln ActlVLties
The Trust Pfovsdes and Tnaintains a Gospel hall where religious meeting5 are held by the local B¥ethren comniunity.
Details of the origins. teachings atid way of life of the Breihren can be lound on the website
www.ptymouihbJtthrenchristiEnehurch.OTg and iti the schedules to the Trust Deed.
SoJThe of th¢ ¢ommunity eiigag¢menLlbenefit work undertaken by the charity inLludes'.
Cliur¢h Hill hall car park .. We lend this to the nesghbouring Boughton Monchtlsea pritnary school free of charse
when the School holds P8Tet)t5' evening mectlllgs.
b. Free Bibles.. W¢ give away pockei-sized Bibles.
Streei preaching.. there is a preaching in the ¢entre of Maidstone at 12.45 every Monday and W¢dnesday and an
IGHT communicant attend5.
d. Gospel leafleis ('tracts')'. thousands are purchased and given away.
¢. Food packs.. We give food packs to a hostel for homeless persons.
f. Hampers.. We give a hamper every Chrismias to the neighbour of our War¢ Sireet hall, lo express appreciation of
hi5 keeping a watchfi]l eye on the hall and environs.
g. Letter% of neighbours, appre¢iation.' We Succeeded in getting a letter from the neighbour of each of our three
halls, expressi2]g their appreciation of us as neighbours.
The trustees have also established an Eynergency Needs fund for the duration of the current pandemic atld any
rcsultant e¢onomic downtUTn. This 15 providing limited f￿anCial assistance by the way of gTorery vouchers to
households, who have experienced a recent and signifi¢wit decrease in income due to the pandemsc, such Ihot it l5
likely to irnpaet on the health alldlor welfar¢ of members of ihe household. Th¢ trust has appointed a Local Welfar¢
Panel to manage the application process and ro athniijister the voueliers to quhlifying applicants.
Plans for Future Periods
Despite the increased cost of energy. the tn]stees feel thai these increased costs are not signifi¢antly itnpacting on the
ability of the charity lo continue as a going con¢¢rN.
Meefings
Meetiiigs held ai ihe Gospel halls include the Lord's Supper (Communion}, Gospel preachings, Bible readings and
Bible addresses. There is a slrL]ctu￿d weekly schedule of meeting5 and, depend￿￿8 on ihe particul￿. i#eetiD
between 400 ￿)d 450 people ttom)ally attelid thes¢ occasions.
Page 3

Maidstone Gospel Hall Trust
Trustees, Report (continued)
The meetings are attended by the regular congregation and most are open to other properly disposed visitors. Th¢
noii¢e board ou15ide the Hall welcomes visitor5 and displays the IunES of Gospel preachiiigs, along with a telephone
uniber for those seekin8 fijither informatioti or lielp. Gospel ira¢ts, which are distributed by street preachers. also
display this llifoirnaiion.
Bibles and an ¢Xt¢n5ive rdnge of other Christian reading mateTial are on digplay ai lh¢ halls and visitor5 are free to
help themselves.
SpreadRng the Gosp¢l message and the life of A Christia
The Gospel hall is a base from wliich the regular congiEgation and oth¢rs who attend ihe me￿ing$ ar¢ encouraged lo
spread the Christian Gospel, in word and deed.
Members of the ¢onwgation participa[¢ it) a programme of street preaching ajjd Gospel tracts are provided free of
¢harge by the Charity to sueh preachers to be handed out (o int¢Tested members of the public.
ln addition to street preachin& members of the Conwgation usually work with Rapid Relief Team (Charity
Registration No 1161586) for provisiob) of food packs for homeless.
In canying out this work, the congregation considers itself to be living out ils faith in practice. as particularjy
exemplifi¢d it) the following extra¢È froni the schedule to the Trust Deed on living a Christian life..
We seek aiid ar¢ eThcoiira8ed Éo live exemplary live5 in all our relationships with others in the wider community
lincludillg foTmer Brelhrcnl, in accoTdan¢e with the teaehinss of Holy S¢ripthre11 Tiln 2..2).
We regularly go out fiDm our homes to PTea¢h on the streets. to distribute Christian literature and engage with the
wider ¢ommuniry {including fomier Br¢thren) in order io pres¢Jit eternal salvation, available to all n]en by faith in
JeslJ5 Chrisi. {2 Tim 4..2).
We seek as TThemb¢rs of the public to lead Christian lives as hu8band$ and wives, pèrents, children, employers,
employees and n¢i8hbours. (Col 3..22-25, Col 4'.1).
The pre5erYation and PlDtection of the family unit is fundamental aiid chilth'en are prized as a blessing frotn God.
(Psalrn 127..3-5}. The elderly are valued members of the commut]ity. for whom both their f&mily and the wider
community are expecied io ¢ar¢.
Holy Scripture Commands u5 to be good neighbour5 to others, and deal with all other people {includll)g fomier
Brethren) openly. honestly and fairly and Consistent with th¢5e principles, we should ¥ive our time. talents and
oney to ￿SiSt those in need in the wider community, in so far a5 reasonable given our abililies and our availabl¢
resources. (Mail 7..12, Matt 22.39, Eph 4..28}.
Funding
Funding is sought through gifts from the congregation and Gift Aid is claimed on eligible donatSOlls. Funding is
sometimes reeeived from other chariliible trusts willi coniplementary L)bjeclives.
Finan¢i#l review
In the year ejided 5 April 2024, the Trust had a surplus of £27,285 of incoming Tesource5 over resources expeDd¢d.
Total voluntary income received this year wa5 £73.924 compared to £74,484 in th¢ pr¢vious year.
All funds held were unrestri¢ted funds.
Page 4

Maidstone Gospel Hall Trust
Tru$tee5' Report (continthed)
Polley oil r￿erveS
The Trust¢es have coiisidered the level of reserves they wssh tcp retain, appropriaie to the chariws needs, based on ils
sizc and the lev¢1 of its fsnanLial coMmit￿t￿ls. The Trust has no ¢mployecs. Accordingly, th¢ Trllstees have decidcd
to adopt a policy of maintaining iw¢lve months expeThditures a5 reserves.The congregation is kept regularly
informed as tu paTliLular needs for funds, atid other relevant matters and the Trustecs aitn io ensure that the Chaiity
will be able to coiititlue 10 tiiifil its ¢harilable objcctives even if there is a remporary shortfall in income or
unexp¢ct¢d expenditure, by rAising a fi]nds appeal io ihe congregaiioii.
Free reserve5 at the year end w¢re £975,532 which con51iluieS loan of £946,176 given to liivicta Gospel Hall Trust.
Page 5

Maidstone Gospel Hall Trust
Trustees, Report (continued)
The aruiual report was approved by the tru5tee5 of the ¢harily on.......21.- 0 (- 2015..................... and signed on
its behalf by..
Mr Charle5 Hathorn
TNS
Mrmarti
eck
Chaimian and trustee
Mr Titnothy Boyt
Truste
Mr Robert Saunderson
Trustee
Mr Randall Paul Mallitison
Trustee
Pag¢ 6

Maidstone Gospel Hall Trust
Siatement of Trustees, Responsibilitie5
The tNstees are responsible for preparing the tNstees' report and the fulancial slatenient5 in &ccordan¢e with the
United Kingdom Ac¢ountitig Standards (United Kin8dotn Generally Accepted Accounting Practice) and applicable
law and re8ulalions.
The law applicabl¢ to Charitie5 requires the trustees to prepare fitiancial siatemenis for each fitlancial year which
give a true and fair view of the slate of affairs of the charity ajid of the incotning resourccs aiid application of
resour¢es of the charity for thai period. In preparing these f￿ancial Statements, the trusie¢5 are required to..
select 5Ultable a¢¢ounling policie5 and Ihen apply thtm consisiently-
observe th¢ methods and prin¢ipl¢s in the Charities SORP.
make judgetnent5 and eslimates that are Teasonable and prudeni.,
state whether applicable aecouiiting siandards have been followed, subject to any material departures disclosed
and explaincd in ihe financial stalernents., and
prepar¢ the financial statenients on th¢ going concem basis unless it is inappropriat¢ to presume that the eharity
will coiitinue in business.
The trustees are r¢spot)sible for keeping proper accounting records that disclose with reasonable ac¢uracy at atly
tllne the fjiiancial position of the charity and enable them to ensur¢ that the financial stalemcnt5 comply wkth the
Charities Act 2011, the Charities (Accounts and R¢ports) Regulations 2008, and the provisions of the Constitution.
Thr trustees are also ￿SponSIble for safegu8rding Ihe assets of the Charity a￿d hellce foT iaking reasonable steps for
the preventiort and detection of fraud and othcr irre8iilariii¢s.
The trustees are responsibl¢ for the maintenance and integrity of the corporate and financial infonnation included on
the charitable coinpany's wtbsite. Legislatiot) goveining the prepatation and dissemlliation of financial statemenis
may differ from l¢gislation in other jurisdiction5. All transactions have been reviewed and approved by two Irustees.
Approv
the trustees ofthe charity on ....
17.-. 01.-.2oZ.S.............................
. and signed on ils beholf by..
Mr Charles Haihorn
Trustee
Mr M)rli]i Flec
Chaimian and tn]stee
Mr Timothy Boyt
Tmstee
Page 7

Maid8tone Gospel Hall Trust
Statement of Trustees, R¢sponsibilitie5 (continued}
Mr Rob¢rt Saunderson
Trustee
Mr Randall Paul Mallinson
Trustee
Po8¢ 8

Maidstone Gospel Hall Trust
Independent Examiner's Report to the tru5tee8 of Maidstone Gospel Hall Trust
report to th¢ trusiees on my examination of the accounts of Maidstone Gospel Hall Tn]st for the y¢ar endEd 5 April
2024.
Rt$ponsibilitlt$ and bgsis of report
As the Charity tnjstees of Maidslone Gosp¢l Hall Trust you are responsible for the pr¢pATation of th¢ accounts in
ac￿rdance with the requirements of the Chai'ities Act 2011 ('Ihe Act,).
I IEPOrt in respect of my examinatioii of the Maidstone Gospel Ilall Tnist's accounts carried out under section 145 of
the 2011 Act and carrying out my examination I have followed all ihe applicable DirectlOn5 giv¢n by the Ch&i'ity
Con)mi5sson under section 145(5)(bl of the Act.
Basis of the Independ¢nt ex#mlner'$ report
My exatnii)ation was carried oiit in accordance with the G¢neral Direciions given by the Charity Con)mission. A
Cxaniiiiatioii i]icludes a review of Ihe accounting r¢¢ords kepi by the charity and a coiiiparison of the a¢¢ounts
presented with those records. li a150 lrttludes conssderation of any unusual item5 Or disclosure5 In the accouE)ts, and
seeking of explanations from you a5 Trustees ¢onceming aiiy such malters. The proccduros undcnak¢n do not
provide all the evidence that would be required in ali audit, and consequently no opinion is given as tts wheih¢r the
accounts present a,1￿e and fair view, aiid the repori is limited to those matters sei out in the biai¢ni¢nts below.
Independent examiner's statement
I have conipleted my examination. l confirm that no material matter5 have come to my attention in connectiOD Wlth
the ¢xaminatLOII Siving me cause to beli¢ve that in ajiy material rrspect..
l. a¢¢ounting records were not kept in respect of Maidstone Gosp¢l Hall Tmst as required by $¢¢tEon 130 of the
2. Ihe aocounis do not accord with those T¢cords' or
3. the a¢¢ounts do not Compty with the a¢counting requirements concerning the form and cothtent of accoullls sei
out in the Char￿lieS (Accounts and Reports) Regulations 2008 other than any requirement that ihe a¢¢ounts
give a 'ttue and fair view, which is iiot a matier cotisidered as part of independent examination.
I have no concerns and have Come across no odier mati¢rs in ¢ollnection with the Examination to whi¢h attention
Should be drawn in this report in order to ¢nable a proper und¢r5t4Ddit]g of the a¢¢ounts to be rea¢hed.
Chris Pittock- Senior Partner
Hinton Abbott ALLountaiits
2 Killgsdown Orchard
Hyde Road
Swindon
SN2 7RR
Date..
Page 9

Maidstone Gospcl Hall Trust
Statement of Finaneial Activities for the Year Ended 5 April 2024
Unr¢5tritted
funds
Gener41
Toial
2024
Note
Income and Endowments from,.
Donations Jnd legacies
Investtnent in¢ome
73,924
1.487
73,924
1.487
Total Income
75,411
75.411
Expenditure on:
Charitable activities
48,126
48,126
Total Expenditure
48,126)
(48.126}
Net income
27,285
27.285
Nei movement in funds
27,285
27,285
R¢¢oncillation of funds
Total funds brought fonvard
Total funds Carrhed f0Th￿rd
2,720,172
2,720,172
2,747,457
Urtre5tract¢d funds
Designated
GeTrer*l
2,747,457
Tot81
2023
Note
Income and Endowmtnts trofft-.
Donatiorts and legacies
74,484
74.484
Total Income
74,484
74.484
Expenditure on..
Charitable a¢livities
81,315)
81,315)
Total Bxpenditure
81,315)
181.31S)
Net expenditure
Net movemenl in fund5
{6,831
6,831)
16,831)
16,831)
Reeon¢iliAtion of funds
Total funds brousht foNard
Total funds canied forward
7,605
2,719.397
2,712,566
2,727.002
7,605
2,720.171
All of the charity's activities derive from conliiiuing operations durin8 the abov¢ two p¢riod5.
The funds breakdowji for 2023 and 2022 are shown ID nol¢ 6.
The notes on pa8¢5 12 to 17 fomi an iiiiegral part of iliese finatL¢ial slalement5.
Page 10

Maidstone Gospel Hall Trust
(Registration number: 1161973)
Balance Sh¢¢t AS at S April 2024
2024
2023
IYot¢
Fixed assets
'rangible assets
1,777,925
1,779.995
Current assets
Debtors
Cash at bank and in hand
750,776
226,557
752,682
196,495
977,333
949,177
Creditors: Amounts f8lliTrg due within oDe year
1,801}
13,001
Net current assets
975,532
946.176
Total assets less current Ilabilit1¢5
2,753.457
(6,000)
2,726,171
Creditors.. Amount5 (alllDg due after more than ont year
6,000)
Net a5setJ
2.747.457
2,720,171
Fullds of the charlty:
UDrestrieted Ineome funds
U]westricted funds
2.747,457
2,720 171
Totsl funds
2,747,457
2,720.171
The financial statement5 on pages 10 to 17 were approved by the trustee5, aiid authorised for issue on
and signed on iheir behalf by..
Mr Martlll Fle
Chairman and trustee
The not¢s on pages 12 10 17 fonn ali it}te￿z] parl of these r)nantial statements.
Page 11

Maidstone Gospel Ilall Trust
Notes to the FinantlAI Stalements for the Year Ended 5 April 2024
l Accounting policies
statement of complignee
'll)e financi81 siatemcnts have been prepared in accordaiicc with the Slatemellt of Recommended Practi¢e'.
Accounting and Reporting by Chariti¢s pi'eparing their a¢counts iji accordan¢e with the Financial Reporting
Sta￿dard applicable ID the UK and R¢publi¢ of lirland {FRS 102} isgued on 16 July 2014. and incorporaiing updaie
bulletins l and 2, and tlie Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland
(FRS 102} and UK Generally Accepted AccouniiDg Pra¢ti¢e.
The fllnciional curren¢y of the charity is sierling (£).
Ba$1$ of preparation
Maidslune Gospel Flall Trust meets the definition of a public benefjt entity under FRS 102. Asseis and liabiliti¢s are
initially recognised at historical cost or Iransliciion value unless otherwise Stated the rel¢vant ac¢owiting policy
ot¢5.
Incomin% Re$ourte5
Donations are recognised iii the year in which there is elltitlem¢nt and probability of receipt and tl)e am()unt can be
measured with reasonable certainty. Income is only deferred when the tharity has to fulfil ¢onditions before
becoming entitled to it or where the donor has Sp￿￿rIed that the income ss to be expended in a fuiure y¢ar. Gift )id is
added to the value of the dlination to which it relates.
Donated service5 are reco￿ls¢d as income and expenditure in the financial statenient5 when organisations or
individuals offer their services and sypport pro b¢)no. The value of these donated servi¢es to Maidstone Gospel Hall
Trusi is cotjsidered lo be equal to market value which would be paid weve ihe service formaSly procured. This
ncludes services paid for by other trusts.
Inv¢stment in¢¢)mc is a¢counted for on a receivable basis.
Re50ur£es ExpeNded
Expenditure is included on an accruals basis. Liabilities are recognised as 500n as there 15 a legal or coNstsu¢tive
obligation committing the charity to pay out resources.
Charitable activities Comprise those costs dire¢tly attributable 10 th¢ fiilfi]ment of the ¢haTltable objects.
Governance Smpport costs
Support costs have been allocated betw¢en governaiice costs and other support Costs. Governaiice cosis conipTjS¢ all
¢05t5 lrtvolving th¢ public accountability of the charity alid costs related to statytory requiren)enls. Govemaiice and
support cosis are allo¢ated to ¢harilable activitie5 on the basi5 of Capacity used.
Page 12

Maidstone C05pcI Hall Trust
Notes to the Financial Stat¢menls for the Year Ended 5 April 2024 (continued)
Taxation
The Trust l5 a registei'ed charity and is not liable ro United Kingdom income or corporatioii tax on ¢hariiable
activities, provided income falls within the charitable ex¢mpiions and i5 speni on chai'ilable purposes.
Tangible fixed #sKt$ 9nd depreciatio
Tangibl¢ fixed assets (c051￿ng m(>r¢ than £250) are stated at C05t less depreciation. Fre¢hold lai)d is not depreciated.
Depreciation 15 piovided at rates cal¢ulalcd to writt tsff the cost, less estimated residual value, of each asset over ils
expected useful life.
Depreciatlon and amortisation
Depreciation 1% provided on iangible flxed assets so as to write off the c05t or valuation, less any estimated Tesidual
value. over their expected useful e¢on0[n￿¢ life as follows..
Asstt Class
Funjiture and equipments
Lond and buildings
Depreciation method and rate
20ts/D oil reducing balaiice method
20/D Straight line
Fulld 5trueture
The general unrestricted fund is fr¢e for the Trustees Io use for any purpD5¢S in furtherane¢ of the trust's charitable
objects.
Resiricied fijnds irise from donatior15 to the tn]s¢ which are made for a specifi¢ purpose. R¢stri¢ted fi￿dS Can only
be used for the purp05¢ for which fund5 were given.
Golllg ¢onc¢r
Tlie Trustees Consider Ihat there are no tnaterial uncertainties about the charity's ability to continue as a going
eonceTn.
Si%nlfi¢gDI estimates and judgemtnts
The Irusie¢s do llot consider Ihat theiy lire any sources of Estimation uncertainty at the repoTting date that have a
significatht risk of causing a material adju51tnent to the carryitsg amounts of &￿t$ and liabilities within the n¢xi
reporting period.
Trustee5 rtmun¢rgtion exp¢nse5
No Trustees r¢ceived at]y ￿muneratIon or other benefits frotn an employment with the charity and no Trustees were
r¢imbursed for expenses (2023.. None).
Wages Ind salaries
There are no employees {2023'. None).
Page 13

Maidstont Gospel Hall Trust
Notes to the Financial Statements for the Y¢ar Ended 5 April 2024 (continued)
2 DoDgtions
Unrestricted
funds
GenerAI
Total
funds
Donations and legacie5'.
Donations
Gift aid reclaimed
70,669
3,255
70,669
Total for 2024
73,924
73.924
Total for 2023
Gift Aiilable donations were £14,029 (2023 -. £12,520).
74,484
74,484
3 Re50urce$ expended
Nei outgoing resources for the year include..
2024
2023
Depreciaiion of Furniture and Equipment
Gas/Electricity Iwater
Insurance
Repairg & Maiiitenan¢e Expense
-relephone & Fax
Office Expenses
Poverty Donations
lrtvi¢ta Gospel HalVDonated Services
Cleaning
Water
Accountancy Fees
Legal & Professional fees
Sulldry
Community Welfare
Depreciaiion of Land and Buildings
966
12,400
2,739
6,553
1,175
5,470
3,413
9,460
1,620
966
13,811
3,239
21.811
4,248
2,281
500
16,262
4,672
35
1,920
2,190
1,675
6,600
1.105
81,315
2,51J
360
352
1.105
48,126
Donated Service$
BÉlls paid on behalf of Invicta Gosp¢l Hall frust £9,460 (2023.. £16,261.56)
Page 14

Maidstone Gospel Hall Trust
Notes to the Financial Statem¢nt5 for the Year Ended 5 April 2024 {¢ontinued)
4 TaDglble flxed ￿se¢S
Land
buildings
FurDlture And
equipment
Tot21
Cost
At 6 April 2023
1,775,775
10,826
1,786,601
Al 5 April 2024
1,775.775
10,826
1.786.601
Depveeiatio
Ai 6 April 2023
Revaluations
Charge for the year
At 5 April 2024
1,105
1,105
5,501
6,606
1.105
965
965
2.210
6.466
8,676
Net book volue
At 5 April 2024
1.773,565
4,360
1,777,925
At 5 April 2023
1,774,670
5,325
1.779.995
Property Detail5:
Latjd ￿gistry tit1¢5 of the above PTop¢rty held is K142779.
5 Debtor$
2024
2023
Prepayments
Other debtors
2.600
748,176
1.439
751,243
750 776
752,682
oiher Debtors include £744,669, interest free loat) given to Invicta Gospel Hall Tru5l.
Page 15

Maidstone Gospel Hall Trust
Notes ¢0 the Financial Statements for the Year Ended 5 April 2024 (eontinued)
6 Funds
Balance at 6
April 2023
1￿coming
resource5
Resource5
expended
Balance at 5
April 2024
Unrestricted funds
uwre51rlcledgeiier8ifiiiids
General fi]nds
2,720.172
75,411
{48,126
2.747,457
Unrestrleted funds
Ba19nce at 6
April 2022
Incoming
r¢sourees
R¢8ources
expended
Balance at 5
April 2023
Unrestricted funds
General
2,719.397
74,484
2,712,566
Designated
7.605
7,605
Total fund5
2.727.002
2,720,171
7 Related party tr4ns8CtI0115
Donations r¢ceived from r¢lat¢d parties during ihe year were £6,029.
8 Volunteers
Maidsion¢ Gospel Hall Tiusi relies entirely on volunteers to cany oul the managemellt, adtninislration and 8eE)eral
maiiitenance work. The trust has no paid staff or paid Truslees.
Page 16

Maidstone Gospel Hall Trust
Notes to tbe Financial Statements for the Year Ended 5 April 2024 (continued)
9 ANaly5is of nel as$¢ts between funds
Unrestricted
runds
Ceneral fund5
TDtal funds
Tangible fixed assets
Currejit asscls
Current liabiliti¢s
Creditors over l year
1,777,925
994,402
13,0001
(6,000)
1,777,925
994,402
(3.000}
(6.000)
Total iiet assets
2,763,327
2,763,327
Total funds #t
5 April
2023
Unrestrieted funds
Gen¢r81
Design8l¢d
Tangible r￿ed assets
Current assets
Current liabilities
Creditors over l year
1,779,995
941.572
(3,0011
(6,000
1,779.995
949,177
(3,UOII
16.000
7,605
Total net Dssets
2.712,566
7.605
2.720,171
Page 17