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2021-04-05-accounts

Trustees John Thomas
Carruth
John Thomas
Carruth
(Treasurer) (Appointed 2June 2020)
lan Andrew Carruth (Appointed 2June 2020)
Edward
Garth Carruth
(Appointed 2June 2020)
Barry Saltmarsh (Appointed 2June 2020)
Charity number 1161974
Principal address Peareth
Hall
Road
Spring well
Gatesh cad
NE9 7NT
Independent examiner David Nairn (FCA)
Azets
Bede House
3 Belmont Business Park
Durham
United
Kingdom
DH1 1TW
Bankers HSBC
Unit 49-51
The Bridges Shopping Centre
Sunderland
SR1 3LE
TSBBank PLC
162 Northumberland Street
Newcastle
Upon Tyne
NE1 7PR
Solicitors Watson Watson Solicitors
Mercury House
Shrewsbury Business Park
Shrewsbury
SY2 6LG

Unrestricted Unrestricted
funds funds
2021 2020
Notes f
~lnao
efrom:
Contributions from the congregation and other gifts 27,189 26,800
Investments 14,153 12,222
Total income 41 342 39022
Ex
i
re
on:
Charitable
activities
16,681 21,984
Net income for the year/
Net movement in funds 24,661 17,038
Fund balances at 6April 2020 389,149 372,111
Fund balances at 5April 2021 413,810 389,149

2021 2020
Notes f
Fixed assets
Tangible assets
Investment
properties
269,164
500,000
273,147
500,000
769,164 773,147
Current assets
Cash at bank and in hand 147,071 118,427
Creditors: amounts
one year
falling due within 10 (502,425) (502,425)
Net current
liabilities
(355,354) (383,998)
Total assets less current liabilities 413,810 389,149
Income funds
Unrestricted
funds
- eneral
General
unrestricted
funds 412,747 388,086
Revaluation
reserve
1,063 1,063
413,810 389,149
413,810 389,149

Unrestricted Unrestricted
funds funds
general general
2021 2020f
Donations and gifts 27,189 26,800
Unrestricted Unrestricted
funds funds
general general
2021f 2020
P
Rental income 13,650 11,550
Interest receivable 503 672
14,153 12,222

Charitable a ctivities
Running Grants Total Total
meeting payable 2021 2020
rooms
E
Springwell
upkeep
Light and heat
Cleaning
Insurance
1,687
1,728
1,265
1,858
1,687
1,728
1,265
1,858
4,756
2,935
649
1,649
Legal fees
Computer expenses
788
50
788
50
1,176
537
Depreciation charge 3,983 3,983 4,027
Governance costs 2,220 2,220 2,220
Donations 200 200 350
13,579 200 13,779 18,299
Donated Services and grants payable (see note 5) 2,902 2,902 3,685
13,579 3,102 16,681 21,984

Donated S ervices and grants payable
2021 2020
Donated Services and grants to institutions:
Longbenton Gospel Hall Trust 2,902 3,685
Other 200 350
3,102 4,035

2021 2020
Number Number

Tangible fixed ass ets
Land and Fixtures, Total
buildings fittings
&
equipment
Cost
At 6April 2020 280,644 3,200 283,844
At 5April 2021 280,644 3,200 283,844
Depreciation
and
impairment
At 6April 2020 9,103 1,594 10,697
Depreciation
charged
in the year 3,742 241 3,983
At 5April 2021 12,845 1,835 14,680
Carrying
amount
At 5April 2021 267,799 1,365 269,164
At 5April 2020 271,541 1,606 273,147
The Land Registry Title numbers for the land the trust owns are TY36604 for the main site, TY335039 for
an adjoining
piece
of land and TY34040 for a hall used by the trust,
Investment
property
2021
Fair value
At 6April 2020 and 5 April 2021 500,000