REGISTERED NUMBER: 1161979
NOTTINGHAM GOSPEL HALL TRUST
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS
YEAR ENDED 05 APRIL 2022
Oldfield Advisory LLP Santis House Curriers Close Coventry CV4 8AW
NOTTINGHAM GOSPEL HALL TRUST REPORT AND FINANCIAL STATEMENTS
CONTENTS
| Page | |
|---|---|
| Reference and administrative information | 2 |
| Report of the Trustees | 3 - 6 |
| Report of the independent examiner | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10-13 |
| Comparative statement of financial activities | 14 |
Page 1
NOTTINGHAM GOSPEL HALL TRUST LEGAL AND ADMINISTRATIVE INFORMATION
YEAR ENDED 05 APRIL 2022
CHARITY NAME: Nottingham Gospel Hall Trust REGISTERED CHARITY NUMBER: 1161979 TRUSTEES: Mr Kevin Ball Mr Kevin Rogers Mr Adrian Godwin
TREASURER: Mr Kevin Ball PRINCIPAL ADDRESS: 28 Wakami Crescent Chellaston Derby DE73 6XN INDEPENDENT EXAMINER: Sandra Thurgood FCCA FMAAT FPA BSc 3 Dells Lane Biggleswade Beds SG18 8LP ACCOUNTANT: Oldfield Advisory Santis House Curriers Close Coventry CV4 8AW
Page 2
NOTTINGHAM GOSPEL HALL TRUST
REPORT OF THE TRUSTEES
YEAR ENDED 05 APRIL 2022
The Trustees present their report along with the financial statements of the Charity for the year ended 05 April 2022. The financial statements have been prepared in accordance with the accounting policies set out on page nine 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 06 May 1982, most recently amended by Deed of Variation dated 08 August 2014. The Trust was registered with the Charity Commission for England and Wales on 03 June 2015 under Charity Registration Number: 1161979
Recruitment and appointment of new trustees
The Trustees who have 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 05 April 2022 (2021: £nil).
The Trust operates 2 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 Trustees of similar Trusts with a view to pooling experience considered useful in pursuing the objects of the Trust. The Charity also maintains particular links with Hillside Gospel Hall Trust, with which it shares members of its congregation, and who pays most of the trust expenses on its behalf.
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.
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.
Plans for future periods
With the commencement of lockdown restrictions in the UK the trust ceased using the hall it operates. During the financial year, restrictions were eased sufficiently to allow the congregation to use the gospel hall for the Lord's Supper (Communion). The use of the room was conducted in a manner which always complied with the government guidance, and the trust intends to continue using the room when it is safe to do so. The trustees do not consider that the Covid-19 pandemic will have any effect on the ability of the trust to continue as a going concern.
Page 3
NOTTINGHAM GOSPEL HALL TRUST REPORT OF THE TRUSTEES YEAR ENDED 05 APRIL 2022
Main activities and achievements
The Trust provides and maintains 2 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.
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 25 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 has contact with prison chaplains to provide gospel tracts and bibles as required. The Trust also operates 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:
-
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).
Page 4
NOTTINGHAM GOSPEL HALL TRUST REPORT OF THE TRUSTEES YEAR ENDED 05 APRIL 2022
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 2022, the Trust had a deficit of incoming resources over resources expended. This was due to non-monetary adjustments such as depreciation. Total voluntary income received this year was £9,657 compared to £8,683 in the previous year. During the year there was a significant grant to Hillside Gospel Hall Trust due to the sale of a surplus property a substantial gain from the sale.
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 £nil (2021: £nil).
Page 5
NOTTINGHAM GOSPEL HALL TRUST REPORT OF THE TRUSTEES YEAR ENDED 05 APRIL 2022
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;
-
make judgements and estimates that are reasonable and prudent;
-
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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.
On behalf of the board:
Mr K Ball (Trustee)
Date
Page 6
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE NOTTINGHAM GOSPEL HALL TRUST
FOR THE YEAR ENDED 05 APRIL 2022
I report to the trustees on my examination of the accounts of the Nottingham Gospel Hall Trust for the year ended 05 April 2022.
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 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 faire 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.
Sandra Thurgood FCCA FMAAT FPA BSc 3 Dells Lane Biggleswade Beds SG18 8LP
11 November 2022
Page 7
NOTTINGHAM GOSPEL HALL TRUST STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 05 APRIL 2022
| Notes Income and endowments from: Donations and legacies: Profit on disposal of asset Donated services 4 Total Expenditure on: Charitable activities Grants to other trusts Running meeting rooms 5 Total Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds bought forward Total funds carried forward |
Unrestricted Restricted Total funds Total funds Funds Funds 2022 2021 £ £ £ £ 243,310 243,310 9,657 - 9,657 8,684 |
|---|---|
| 252,967 - 252,967 8,684 |
|
| 359,011 359,011 21,508 - 21,508 22,555 |
|
| 380,519 - 380,519 22,555 |
|
| (127,552) - (127,552) (13,871) (127,552) - (127,552) (13,871) 780,857 - 780,857 794,728 |
|
| 653,305 - 653,305 780,857 |
The notes on pages 9 to 12 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.
Page 8
NOTTINGHAM GOSPEL HALL TRUST BALANCE SHEET
AS AT 05 APRIL 2022
| Notes £ £ Fixed Assets Tangible assets 6 654,061 Current Assets Prepayments and accrued income - - Current liabilities Creditors: amounts falling due within one year: Accruals and deferred income (756) Net current assets (756) Total assets less current liabilities 653,305 Net assets 653,305 Funds Restricted funds - Unrestricted income fund 653,305 Total unrestricted funds 8 653,305 2022 |
£ £ 781,138 475 475 (756) (281) 780,857 780,857 - 780,857 780,857 2021 |
£ £ 781,138 475 475 (756) (281) 780,857 780,857 - 780,857 780,857 2021 |
|---|---|---|
| 780,857 | ||
| 780,857 | ||
| - 780,857 |
||
| 780,857 |
The unaudited financial statements were approved and authorised for issue by the Trustees of Nottingham Gospel Hall Trust on …………………..……….and were signed on its behalf by
Mr Kevin Ball
The notes on pages 9 to 12 form part of these financial statements
Page 9
NOTTINGHAM GOSPEL HALL TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 APRIL 2022
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 Nottingham 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 4% straight line
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 Going concern
The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. 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. The trustees do not consider that the Covid19 pandemic will have any effect on the ability of the trust to continue as a going concern.
- 1.9 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.
Page 10
NOTTINGHAM GOSPEL HALL TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 APRIL 2022
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 (2021: None).
3. WAGES AND SALARIES
There are no employees (2021: none).
4. DONATED SERVICES
| Received from: | Year ended | Year ended | Year ended |
|---|---|---|---|
| 05 April | 2022 | 05 April 2021 | |
| £ | £ | ||
| Hillside Gospel Hall Trust | 9,657 | 8,682 |
| RESOURCES EXPENDED Direct costs Repairs and maintenance Insurance Water rates Light and heat Legal and professional Security Depreciation Governance |
Meeting rooms £ 6,134 475 560 2,208 - 11,375 756 21,508 |
Other charitable activities £ - - - - - - - - - |
Year ended 05 April 2022 £ 6,134 475 560 2,208 - - 11,375 756 21,508 |
Year ended 05 April 2021 £ 4,431 726 294 2,134 505 480 13,229 756 |
|---|---|---|---|---|
| 22,555 |
5. RESOURCES EXPENDED
Governance costs include £180 (2021: £180) in respect of independent examiner’s fees.
6. TANGIBLE FIXED ASSETS
| Cost At 06 April 2021 Additions Disposals At 05 April 2022 Depreciation At 06 April 2021 Charge for the year Depreciation on disposals At 05 April 2022 Net book value At 05 April 2022 At 05 April 2021 |
Freehold property - Dovecote Lane £ 120,000 - (120,000) - 9,600 (9,600) - - 110,400 |
Property Improvements - Dovecote Lane £ 6,359 - (6,359) - 1,057 (1,057) - - 5,302 |
Freehold property - Cyprus Avenue £ 120,000 - - 120,000 9,600 1,600 - 11,200 108,800 110,400 |
Freehold Property - Heanor Road £ 515,464 - - 515,464 25,044 6,873 31,917 483,547 490,420 |
Property Improvements - Heanor Road £ 72,542 - - |
|---|---|---|---|---|---|
| 72,542 | |||||
| 7,926 2,902 |
|||||
| 10,828 | |||||
| 61,714 | |||||
| 64,616 |
Page 11
NOTTINGHAM GOSPEL HALL TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 APRIL 2022
TANGIBLE FIXED ASSETS - cont.
| Cost At 06 April 2021 Additions Disposals At 05 April 2022 Depreciation At 06 April 2021 Charge for the year Depreciation on disposals At 05 April 2022 Net book value At 05 April 2022 At 05 April 2021 |
Totals £ 834,365 - (126,359) |
|---|---|
| 834,365 | |
| 53,227 11,375 (10,657) |
|
| 53,945 | |
| 654,061 | |
| 781,138 |
Property Details:
Land registry titles of the above property held are: NT56566, NT24141 and DY447229.
7. ANALYSIS OF NET ASSET BETWEEN FUNDS
7.1 Current year
| Tangible fixed assets Current assets Current liabilities Non-current liabilities Total funds Prior year Tangible fixed assets Current assets Current liabilities Non-current liabilities Total funds |
Unrestricted funds £ 654,061 - (756) - 653,305 Unrestricted funds £ 781,138 475 (756) - 780,857 |
Restricted funds £ - - - - - Restricted funds £ - - - - - |
Total funds £ 654,061 - (756) - |
|---|---|---|---|
| 653,305 | |||
| Total funds £ 781,138 475 (756) - |
|||
| 780,857 |
7.2 Prior year
8. MOVEMENT IN FUNDS
8.1. Current year
| Current year | |
|---|---|
| Restricted funds Unrestricted funds Total funds |
Fund balance At 06 April 2021 Incoming resources Resources expended Realised/ unrealised gains and losses Fund balance At 05 April 2022 £ £ £ £ £ - - - - - |
| 780,857 252,967 (380,519) - 653,305 |
|
| 780,857 252,967 (380,519) - 653,305 |
Page 12
NOTTINGHAM GOSPEL HALL TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 APRIL 2022
8.2. Prior year
| Restricted funds Unrestricted funds Total funds |
Fund balance At 06 April 2020 Incoming resources Resources expended Realised/ unrealised gains and losses Fund balance At 05 April 2021 £ £ £ £ £ - - - - - |
|---|---|
| 794,728 8,684 (22,555) - 780,857 |
|
| 794,728 8,684 (22,555) - 780,857 |
9. TRANSACTIONS WITH RELATED PARTIES
There are no transactions with related parties during the year that require disclosure.
10. VOLUNTEERS
Nottingham 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.
Page 13
NOTTINGHAM GOSPEL HALL TRUST
COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2021
| Income and endowments from: Donations and legacies: Donated services Total Expenditure on: Charitable activities Running meeting rooms Total Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds bought forward Total funds carried forward |
Unrestricted Restricted Total funds Funds Funds 2021 £ £ £ 44,292 44,292 |
|---|---|
| 44,292 - 44,292 |
|
| - - - |
|
| - - - |
|
| 44,293 - 44,293 44,293 - 44,293 794,728 - 794,728 |
|
| 839,021 - 839,021 |