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2021-04-05-accounts

Pages
Reference and administrative
details
Report ofthe trustees 2to9
Independent examiner's
report
Statement of financial activities
Ba Iance sheet
Notes to the financial statements 9 to 13

Charity name Charity name South Downs Gospel South Downs Gospel Hall Trust Hall Trust
Registered charity number 1162400
Trustees Broderick Knappett (Chair)
Darrell Anderson
Kevin
Ryall
Patrick Tenn ent
Shane White
Treasurer Brian Anderson
Principal address Somerville
8 Bridle Close
Grayshott
0U26 6EA
Independent examiner Adam
Hickie ACA CTA ATT
Accountants Lucraft Hodgson & Dawes LLP
2/4 Ash Lane
Rustington
West Sussex
BN16302
Bankers Lloyds Bank
12 I-ligh Street
Haslemere
Surrey
GU27 ZIG
Solicitors Watson Watson Solicitors
Mercury
House
Shrewsbury
Business
Park
Shrewsbury
SY2 6LG

for the year ended 5 April 2021
Unrestricted Restricted Total funds Total funds
funds funds 2021 2020
Notes f 6 f f
Incoming resources
Donations
and legacies
Collections
Donations 25,811 25,811 8,435
Gift aid donations 34,210 34,210 46,260
Income tax refunds 8,553 8,553 11,565
Contributions
to
running costs 46,226 46,226 34,547
Grants 100,000
Rentaiincome
Rent
Investments
Bank interest 242 242 235
Total Incoming resources 115,042 115,042 201,042
Resources expended
Costs ofgenerating
funds
Fundraising
Charitable
activities
Running
meeting
rooms 6,943 6,943 22,440
Other charitable activities 7,475 7,475 2,186
Cost ofdonated services
Governance
costs
3,428 3,428 4,817
Total resources expended 17,846 17,846 29,443
Net income/(expenditure) 97,196 97,196 171,599
Transfer between
funds
Net Incoming/(outgoing) resources 97,196 97,196 171,599
Funds at 5 April 2020 1,694,319 1,694,319 1,522,721
Funds at 5 April 2021 1,791,515 1,791,515 1,694,320

2021 2020
Notes 6 f
Fixed assets
Tangible
fixed assets
6 1,479,515 1,409,557
Current assets
Debtors and prepayments 32,663 11,565
Cash at bank and in hand 285,074 291,673
Total current assets 317,737 303,238
Current
liabilities
Creditors
Trade creditors (3,162) ( 5,840)
Accruals and deferred income ( 780) ( 780)
Loans ( 1,795) ( 11,855)
Net current assets 312,000 284,763
Net assets 1,791,515 1,694,320
Funds
Unrestricted funds 1,791,515 1,694,320
Totalfunds 1,791,515 1,694,320

Resources expe nded
Other
Meeting charitable Total Total
roams activities 2021 2020
Nate f f f f
Direct costs
Repairs and maintenance 1,931 1,931 16,091
Insurance 1,444 1,444 1,227
Rates
Light, heat and other utilities 2,513 2,513 3,957
Depreciation 1,055 1,055 1,055
Grants to other trusts 110
Other charitable costs 7,475 7,475 2,186
Governance 3,428 3,428 4,817
10,371 7,475 17,846 29,443

Tangible fixed a ssets
Freehold Fixtures Charitable
property and fittings equipment Total
f f f f
Cost
Brought forward at 5 April 2020 1,405,697 5,151 5,039 1,415,887
Additions 71,013 71,013
Cost at 5Apri12021 1,476,710 5,151 5,039 1,486,900
Depreciation
Brought forward at 5 April 2020 3,090 3,240 6,330
Charge for the year 515 540 1,055
Depreciation
at
5 April 2021 3,605 3,780 7,385
Net book value at 5 April 2021 1,476,710 1,546 1,259 1,479,515
Net book value at 5 April 2020 1,405,697 2,061 1,799 1,409,557

7.1 Current year
Unrestricted Restricted Total
funds funds 2021
f E f
Tangible fixed assets 1,479,515 1,479,515
Current assets 317,737 317,737
Current liabilities ( 5,737) ( 5,737)
Total funds 1,791,515 1,791,515
7.2 Prior year
Unrestricted Restricted Total
funds funds 2021
E f f
Tangible fixed assets 1,409,557 1,409,557
Current assets 303,238 303,238
Current liabilities ( 18,475) ( 18,475)
Total funds 1,694,320 1,694,320
8 Movement ln funds
8.1 Current year
8.1 Current yea r
Realised/
Balance at unrealised Balance at
5 April Incoming Resources gains and 5 April
2020 resources expended losses 2021
f E E E f
Restricted funds
Unrestricted funds 1,694,319 115,042 ( 17,846) 1,791,515
Total funds 1,694,319 115,042 ( 17,846) 1,791,515
8.2 Prior year
Realised/
Balance at unrealised Balance at
5 April Incoming Resources gains and 5 April
2020 resources expended losses 2021
f E f E E
Restricted funds
Unrestricted funds 1,522,721 201,042 ( 29,443) 1,694,320
Total funds 1,522,721 201,042 ( 29,443) 1,694,320