Charlty Reglstration No.. 1166828 Parkway Gospel Hall Trust Report of the trustees and unaudited financial statements for the year ended 5th Aprll 2022
Parkway Gospel Hall Trust Contents Pagas Reference and admlnistralive de18ils Rety)rt of the trustees Independent examinerts retX)rt Statement of financial activltles Balance sheet 9.-13. Notes to the financlal slalemenls
Parkway G05pèI Hall Tru51 Referen¢e and admini5tratlve details for thg ear endèd 5th rll 2022 Charlty name: Parkway Gospel Hall TTUSt Reg15tered charlty number. 1166828 Trustees: Mr Scoll Anderson Mr Le8 Carron (Appointed 6th November 20211 Mr NlchcAas J Knappett Ichalrl Mr Malcolm Kilb8y Mr Dale Tennenl (Appointed 6th November 20211 Tr¢asurer: Mr Nicholas J Knappetl Prlnclpal addre$$: The Meètlng Hall Old Glebe Fernhursl Haslemara Surroy GU27 3HS Indepgnd6nt examlmr: Sandra Thtjrgood FCGA. FMAAT, FPA, Bsc 3 Dells Lane Biggleswade Bedfordshira SG18 8LP Bankèrs.. Lloyds Bank Hasl@mère Page 1
Parkway Gospel Hall Trust Report of the trustb&s for the year ended 5th Aprll 2022 The trustee5 present thèlr report along wlth the financlal statements ol the Charlfy lor the year ended 5th Aprll 2022. The flnancial st818menls have been prepared in aGcordanc8 With the OntIng policles sel out on page 9 and comply wlh Ihg Trust DeBd and 8ppllc8ble1aw. structure. governance and management Governlng docum8TIt Parkway Gospel Hall Trust Is an unincorporated trust constltuted by Daed of Trust dated 25th Octob?r 1982, most recen15y amended by Deed of Varlauon dated 8th August 2014, Th8 Trust was reglstered th the Gharity Corllmlsslon for ErvJland and Wales on 29th April 201e under Chatlty Regl8lratk)n No, 1166828. Re¢Tultfflent and appolntment of n8w trusteès Th& Truslees who have 5erv8d during the year and Sin the year end set out on poge 1. None Df the Trusteos, nor any person ¢onnected wth Ihgm. recelved any r8muneralion or expenses from the Ch&rity in the year ended 5 April 202212021.. £nill. The Trust operat8s four Gosp81 halls and Trust888 ara chosen from among the regular congregatlon of the halls. N8w Twu5tees are nornlnaled by tha oxistlng Trus1888 01 by the congrègation and rnu51 be appointed by unanlmous roso]ution of the congregation. They are sel8cled accordSng to th811 skills and experi&nce and are expected to use both in furtherlng the ot4ects Of the Charlty. Checks are made to ensure the Tru5t¢es' èligibllity lo act and incomlng Trust88s are mado awarè of thelr re5ponslb1111ies by the existing Trustees, who ensure that new Trust8e5 road Ihg TJu5t Dpgd and relevanl Charity Commi5slon guidanc6. Wlder nolwork Th9 Trust malnlains part1cular Ilnks with the South DoS Gosp91 Hall Trust, wih thlch il shares rngrnbers of Its congr8gatlon. Rlsk management The Trusle8s havg 1d8ntlfd and review8d the major risks to whlch th8 charity Is exposed and confirm that fhey have established systems or procedures lo m&nagE and mitigate those risk5. ObJeGtlves and actlvltie8 ObJectiv4$ and aims The trust has th8 follong charitable purpos8S'. The charitable purpos88 of the Chwily arè the advancement ol th8 Chrfslian ralig1on lor the publlc benefit. including by the carrying on of the setvice of God In accordance with the Old and New Testam8nts ol the Holy Blble as followed by thos8 Chilsllans lomiSng pall ol the wortd.wide lellowshlp known as the PlymoLrth Brethren Chrlgtlan Church Ithts"Brathr8n'l and any other Gharilablg purposès onnected wllh Brethn. The CDre doctrine ol the Brethren and proper practices in furtherance of cerialn aspec15 of do¢trtne ar8 summarised In Iwo schedules to the Trust Deed. Page 2
Parkway Gospel Hall Trust Rèport of th& trustees for tho ear ended 5th Aprll 2022 Public benefit The Trust88s conllrm that they have cornplied wmh Ihgir duty undgr 88ction 4 of Ihg Charilles Act 2011 lo hav8 du8 regard to the Ch8rlly Commlssion's ggnaral guldance lo charftlÈs on publlc benefit. Main actlvitie5 and ach18vemevrts The Trust provldes and malnialns Go$p81 halls wherè r811glous megliws arE held by the local Br8lhr8n community. Detalls or the oilglns, t88chlngs and way of Ilfe of the Brethn can b6 found on thE web$lte- ww4,plymouthbrelhrenchrf8tianchurch.org and In the sch8dules to tho Tr(E5t Deed. During the financial year. th8 Trust was given iwo gospel halls by an affiliated trust which have bean included In th8 TTU8t accounts at nel book value. Plons for future perlods The Trust plans lo continue all the current acUvlli88. With the G0mM8rrnent of lockdown restrictnS in the UK the twst Ceased u51ng tha gospel halls11 OP8r8tes. DuTlng the Ilnanclal year, re51rl¢llon8 were eased sufficlenlly to allow the congregatlon to U89 Ihe gospel ha118 for the Lord's Supper Icornrnunionl. The usa of the rooms was conduct8d a mann81 which always complied wth the gtsvernm&nt guidance, and the trust Intends lo contlnue uslng thE rooms when it15 $8f@ to do so. Thg trustees do not consider that th8 Covid.19 pandetniG will hav8 8ny Bffecl on the abillly of th8 tiust to contlnue as a golng concem. Th8 trust is (xjmmitted to providing and main¢8inlng additional gosp81 halls donated from affiliated trusts durtng the financl81 y8ar. Meetings Meetings held at the gospel ha118 Include the Lord's Supp8r Icommunionl, Gospel preaohings. Blb18 r9adings and Bible address88. There Is a strUctud wegkly 5chedul8 of meetings and, d8P8ndlng on th8 Part¢¢ular ffleetlng, betW88n SO and 300 people normally attend these occaslons. The m981ings 8tt8ndèd by Ihg rggular congregation and most ara open to other properfy disposed vlsitors. The nolice kK)ard outside the Hall welcornes visitors and displays the tlmes of Gospel preachings, along wth a telephone n¢Jmber lor those seeking further inlormauon OT help. Gospol tracts, whl¢h are dislrfbuted by 81reel pmchers. also display this Informallon. Blble.% and an extensivo rang8 of other Chrf5tlan readlng rnateAal are on dlsplay al the hall and vLqltors are Ir89 to help themselv8S. Spreadlng the Gospel m08sage and the lifv ot a Chrlstlan The Gospgl hall15 a base from whlch the regular congrggallon and oth8r5 attend the meetlngs ar& enGouraged 10 spread the Chrfsll8n Gospel. In word and deed. Merllbers of the (xjngregalion pgrticlpale In a programm9 of street preachlng and Gospel tracts are provided free of chatgB by th8 Charity lo such preachers lo be hand8d out lo Inlere81ed mernbers Df the publ1¢, Page 3
Parkway Gospel Hall Trust Report of the trustees for the yoar ended 5th Aprll 2022 Oblectlves and actlvltle$ Spreadlng the Go$1 mes$8ge and the Ilfe of a Chrlstlan contd. In carrylng out this work, Ihe congr8gation conslders itself to be Ilvlng out Its fAlth in PTacllce, as partlcL¢larfy exemplified In the following extract from the schedule lo the Trust Daed on Ilvlng a Chii5tian Ilfe.. We seek and aT8 8ncourdged lo liv8 exemplary IIv88 in 811 our relallonships th others in the lder Community lindudlng forrn8r Btren1, ID ac(x)rdance with the leaohlngs of Holy S¢dptur8 (l Tim 2..21 We rgguIaY go out Irom our homes lo preach on tho Streets. to dlslribute Christian litatUre and eThJag8 Wth the w]dÈr comrnunlty {includlng former Brelhrenl order to present etemal salvation. available lo a15 men by faith in Jesus Chrl$(.12 Tim 4'.21. W6 seek as mgTnbers of the public to lèad Christian lives as husbands and wlves, par8nt8. chlldren, &mployer5, employe88 and nelghbours. (Col 3..22-25, Cot 4..11. Th8 pr8SèNaUon and protection ol the famlly unil is fundamental and children are prlzed as a blesssng from God. IP3alm 127..3-Sl. The 8Ederty ar8 valued rnetnbers of the community, for thom both Ih8irfarnlly and the wider comrnunlty arg gxpected lo ¢ar8. Holy S¢rlptur8 commands us lo good neIghbOu to others, and d8al wlth all other people lincluding fomier Brelhrenl open5y, Iionesuy and falr]y and consistent wllh th88e prln¢ipl6s, we should glve our Ume, talents and money tts asslst those In need In the M4der community, In so far as r8asonable glven our 8bllilies and our 8vallable resources. (Matt 7'.12. Matt 22'.39, Eph 4..281. Fundlng FundlTrg Is sought through g5ft8 from th8 congregation and Glft Ald is cl8lmed on eliglble donallons. Fund5ng 1$ som8tlm88 r6eelved frorn other charttab18 tru8t$ ¥th complementary objectivgs. Finarhclal revlow Fin#nclal posltion In tho year ended 5th April 2022 IhB Trust had 8 SUTplus of incoming re5uurces ov8¥ resources expÈnded due to two halls being donated lo it. Total voluntary income received this year was £ 861,890 and £ 4,947 In the previou5 year. All fullds held were unrestricted fvnds. Re$eTVO8 pollcy ThÈ Trustees have consldered the level of re88rvÈs Ihgy wish to retain, approprlate lo the charit(s ng8ds, based on Sts size 8nd the level of its ftn8nclal commilrnents. Th8 Trust has no employees and its regular oulgoings are mlnlmal, Accordingly, the Trustees hav8 decldEd to adopt a policy ol m8lnlalning no significant yesarves. The congregallon is kept regularfy Informed as lo partlcular needs for funds, and other relevant matter5 and the Trustees alm lo ensure that the Charity wlll be abl8 to continu8 lo fulfil 115 charllablg objectlves even il Ih8r81s a temporary shortfall in income or unoxpect expendiltsre, by ralslng a funds appeal lo the congregatlun. FreE re5etves al th8 y88r end were £ 84. Any 5horrfall will be met by donated seNlces incorne IIDM Thè South Downs Gospel Hall Trust Page 4
Parkway Gospel Hall Trust Roport of the trustèès for the yèar ended 5th Aprll 2022 ststement of trusteÈs' re5ponsibllltles Thè trustees arg r8sponsib18 for preparing the Report ol the TEUSt88s and the fln8ncial statements in accordance with 8pplicable law and Uni18d Klngdom A¢nting Standards IUni18d Klngdom Genarally AcGep(ed AcUntIng PractScel, The law applicable to ¢hadlies in England & Wales requires the trustees lo weparo finanal statem8nts for each financial year whlch glvÈ a true and falr view of (he state of affalrs ol the charlty aThl of the incoming r88ource5 and applicallon of resou$ of the charity for that p8rtod. In preparlng Ih88e Qnandal stalernants, the trt¢stees are r8quired to.. select suitable acwunllng pollcie5 and then apply them consislenlly., b) obsèrve the methods and prlnclples in Ihg Charily SORP IFRS 1021., make ludgem8nt8 and estlmales that aFe rea50nabl8 and prudent., dl stale whglher appllcabl8 accountlng standards havg been ftillowod, siJbJ8Ct to any material d8partures dlyclosed and 9xpl8lned In tho 11n8n81 statement8. prepare the financi81 staternBnt5 on th8 going concern basis un1885 11 Is Inappropriate to PTe5ume that the charilywlll contlnu8 irk busin8S5. The trustees are r8spon51ble for keeping proper aGcounUThJ records ihal dlsdose wth ¥easc¥)aN8 accuracy al any tlme the flnanoal posltion ol the charity and enable them lo ensure that (he flriancial 51atemonts cotnply wSth the Charitios Act 2011, the Charities (Accounts and R8POrtsl Regulations 2(M)8 and tho provision5 01 the trust deed. They arè also r8spDnslble lor safeguatdlng the assets of the charity atEd hEncg for taking ieasonable steps for the prevÈntknn and detectKin ol fraud 8nd Dlher Ie9U78111les. All transactions have bÈen r8w8W8d and approved by two trustees. On of the board.. 11 Nlcho pp Dat8 Page 5
Parkway Gospel Hall Trust INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS Report to thè trustèes of Parkway Gospel Hall Trust on the flnan¢lal statèmonts for thè yéay Ènded 5th Aprll 2022 set out on pages 7 to 12. Respectivè responsibllltiès of trusteès and examlnèr Th& charitls Iruslees are responsible for the preparation of the accounts In acoordance with the rgqulremonls of the Charlllgs AGt 2011 I'the A¢l'l- I report In respect of my examination of th& Trust's accounts e¢i¥ried out ijnder section 145 of th8 2011 Act arkd in carrylng out my examination I have followed all the appliL?ble Trlreclions given by the Charity Commisslon under section 1451Sllbl of the Act. Basis of independent examiner's 51afement My èxamlnatlon was Carrled out in a¢¢ordancg wlh the Qenerdl Directions given by the Charfly Cominission. An examlnalion includes a review of the accountlng re¢ords kèpt by the charlty and a comparison of the accounts presented wllh those records. 11 also Includes conslderatlon of any unusual items or diselosures in the accounts, and seeking ol 8xplanalions from you as Trustees concerning any such matters. The ProdureS underlakgn do not provide all the eviden that would be required in an audit, and consequèntly no opinion is given as to whcther the accounts present a 'Irue and fair vlew, and the report Ss limited lo those matters sel out In the statements below. Indep8ndènt •xamIn&$ Statemènt I have completed my examinallon. I confirm that no material mallers have como lo my allention In conn6elK)n th the aXamInaOn glvlng me cause lo belleva that In any malgrial r8specl'. Accounting records w&re not kept In respect of tho Trust as require by section 130 of the Act., or The accounts do not accord wllh thosè records., or Tho ac¢ounls do not comply wlth the appCable requiiemenls concarning th? form and contènt of accounts set out In th& Charities [ADUn18 and Reports) Regulations 2008 other than any roquiromenl Ihal the accounts glve a 'true and falr vi&w' whiGh Is not a mall8r oonsldered as part of an Indep&ndènt Èxamination. I have no corn¢erns and have come across no other mallerE in connecllon wllh the examinadon lo whlch attenbon Shou b8 drawn In this report In order lo enable a proper undersianding of the ac(xunls to be reached. Slgn•d: Dale: LHh-JcnLAL '20n Name: Sandra Thurgood FCCA, FMAAT, FPA, BSC 3 Dells Lane, Biggleswade, Beds., SG18 8LP Page 6
Patlway Gospel Hall Trust 8tatgmtynl of flnan¢lal acllvltles Ilncludlng Incomg axpendlturo accounti foT thg warended 5th A rll 2022 UrtroStrl¢t¢d R*sttleted Total Fund5 Funds Funds 2022 Tot81 Funds 2021 NOTES Incomlng hnd endowmonts from: Donatlons and legacl68: ColleGtEon¥ COntrutiOnS from Ihe congFÈgallon INAld donallons Oiher donallons Income tax refjJnd$ Dunated seNI& Payroll glving Grants recewed Legac$ rec&ed Investment gnd Int?r8¥t Bank Snlerest othbrlncorne 5,259 4A43 852,631 852.631 Tolal B61.890 861,890 4.947 Expgndlfuiv on: ChaAtablg aGUvltl•s Rvnnlng of mtytsllng h18 wer cornmunlty oulreach Costof donBled $ervlces TransfeT8 lo tru0 with congrupnl obleutlvets Qlher costs 35,093 300 13,927 2(K) Gtsv$rnance Computer costs Lega & professh)nal cos15 Ind¢peTOenl Examlwrfs fep Bank charggs 441 816 441 816 551 504 Olher ProfltlLo%8 on salo ola85e15 Total 36,650 36,650 15.282 PIBt Incomellexpondlturel 625.240 825,240 10,335 GamlI0sSesl on rgv¥luatlon olltxed ?5Sqts 14el movÈment In fund$ 825,240 ,240 10.335 ReconGlll•tlon of fundo Funth al 61h Apru 2022 426.710 426.770 437.1 Total funds at 5th Aprfl 2022 1.252.010 1,252,010 428,770 The T8 on p8gaB g to 13 fomi part of estrneDcI staiemenls. Al oflhe Ob0 xdvltle8 are $sed as COnUlg and Ihere nD galns bs$aa DlherthBn IhD5g Induthd 8bove. Pege 7
Pawkway Gospol Hall Trust Balancè Ghegt As at 5th 2022 NOTES Flx•d &ss•ts Tangl rts£d assels 1,251,928 427.051 1,251,926 427,061 Current?sset6 Debtors., Prepayments & aCCTued Income Cash al bank 9nd In hand 929 389 13 402 Current 1lak>llltS Creditin.. amounls faKlw duo wRhln one ygar.. Other vedilors ruals #nd deferred lllGom8 858 683 85B 683 Not c¥rrent assets 84 281 Total as59ts18¥¥ current Ilablllti 1252,O1Q 426,770 ctedllo.' amounts Oue after more than ontr year Not qssgts 1,252,010 426,770 Funds Unr•Slrf¢l funds Restricted fwd8 1,252,010 426,770 Total Funds 1,2S2,010 426,770 Thg unaudlled slatemonb wera approved and aulhorlsp Pthway Gospel H811 TN51 for1$58 bytho Twsleeg of Nkholas J Trust86 appe The nolo9 on pages 9 to 13 fl part of eSe flnanGl8191al&ments P4ue 8
Parkway Gospel Hall Trust DtslAiled $tatement of flnanclal a¢llvltl Notes to tha aCnIS the ar endgd 5th A rll 2022 1. A¢oountlng pt)Ilcles 1.1 BASIS of fi[£11 statement8 Th8 flnancld sialom8nl$ hgve been pmp8red in accordawe whh Ihe Stal8meTht of Recomonded Prathe,. Ac¢ounting and Rortg by Charille& weparfng thelr gccounl$ In accordancg YAlh thè Flnancial Reportlng Slandard apkable In thB UK and RepubliB of1rela IFRS 1021 Issued on 16 July 2014. aThJ IncorpOrang updgle bull$lln8 1 and 2, Flnanclal ReportiTry Standard p[cable ihe Unltsd Wngdorn and Republ of Ir¥ind IFFiS 1(Y21 and UK G8neml Acc£pted Awounlkng Prncllce. The ftm¢tional cuThn¢yof the charMy15 91edin91£1. Tha Fourtdallon mag15 definluon of a publlc bBnefii enllly undér FRS 102. A8$Èts and lItIeS are Inltially recognisad al ¢osl (Ytransaction uTrle6s OtheIse 8tBted IA the relevant accounting pollcy nolelsl. 1.2 Inco Donallons ar6 recognised In Ihe year Ifl whlch Ihe charlty Is ¢nllUed lo dnd c8rtaln of ro¢elpl And Ihe emounl (Hn be measured with f8asonatAe cBrf8knty. Incomo only deferred when ihg chartty h83 to fulfil ¢ondillons beftsre becoming onlllled lo il orwhere Ihe donDr ha$ speclfled that the incom8 ts to be ewended * a fulre r. Giftakl Is added lo the value ol the donauon ts>whlch Itielales. Donaled setvke¥ are recognlsBd as Income and 8xp8ndtture In the I1a1 stalernents when otganIsaonS OT Ind]dual5 0r th8lr ¥ervlces and gUPPart pro bono. The Yalue of these donaled ¥ervlce5 lo Parkway Gospèl Hall Twst s COnder8d lo b8 equal lo markEI valu8 whl¢h would k paid were the sonAc6 fotmdly Pracred. This Indudes s8tvke8 paid for by other trusts. Inveslmenl Income 1$ a¢¢ounl2d for on a wefvable imsls. 1.3 Exp8ndltwg Expendlluro is Induded on an accruala basls. ti8bllHl8$ are iecognLsed as soon as ihere IB a legal or corkslmcdvo obNgallon (Dmmnlkng th8 ehallylo pay aut ragou. Chartlgblts acttvilles COTnprfse Ih05a Gosb dlrvotlyattrbula)k lo Ihe fitlffknenl ollhè tha18b1¢ oblects. 1.4 Govgjrnanoe and supporte0515 Support costs nomi8rily ar8 allowted betwrten govem8ncB and oihar 8UPWt CO51$. Governance cost? cornpilg8 811 co&ls Involvlng the publ1¢ accounlRblKly of charfty and costs related lo statutory r8qulremants. AS Ih&re are no starf Dr offlG8s Ihe Tru51ees hawe agreed to allvcate all such Gosl¥ to Governance cosk. 1.5 8ss8ts and depre(laOn Tanglbla fix atsets Icostlng Tntsre £15018r$ ¥taled at co$l18$5 depreGLRIIDTr. FretshO Is not d$preated. Deweci&tion is provldèd at ral08 ¢81cuklgd to wilb off IhB cost, 10$$ e81mal residual valuo, of ach 88881 over ils BxpBoled useful Ilfe as 1gllow8'. BuNdiry refurNshMents xlwes and Equlpment 2%- strah1178 melhth ID%- Slfalghl linp melhod 1.6 Taxauon ThB Trust Is g reglslered chartty and is labl8 to Unlled KkngKJom In¢ome or Corp811 lax on charft&blp actM110N, providpd Ineorne fals wlihln the chRiitlo exetnptw and b spent Oll GharflaNe putpo$e8. 1.7 Funds Th8 gtrn8ral unrestrKl8d fund Is free for Ihe Truste¢¥ to use for any wiposes In furthBranc£ vf Ihe trusl'5 chadiab objects. Reslrfded funds arise from donallons lo tha trusl whkh are mada for a specMG purp(tse. Re&lEkled fLNOs can only be used for th& purposB forwhlth funds wBro glven. 1.8 Pr8parat ofcox80laIed fitiendal ¥t8th&nts Th& ChaAtyikns not have a Iradlng Subsryd Ihore 1$ no requlrgrn8nl lo prepBTe iTrnsrAkla18d accounlg 1.É Golng concern The Trustees cons1derlh31 Ire are no maler481 uDcertthnll&s Bboul the rharfl¢s BbllKy to ooDt*u8 as a p)kng Gon¢8m. Page 9
Parkway Gosp61 Hall Trust Detallgd statèment of flnanclal actlvltlas Notes to tho accounts for tho
r ended 5th
rll 2022 1. Accoundng poliolgts contd. 1.10 Slgnthcanl 0sllmates end IgeMentS The trustees dr not consldei Ihat tle are any sources Df esdmation un¢ert8lnly 2t the reTM)rftw th18 that have grKi1 r18k of caushg a malertal Bdiuslfflgnl lo Ihe caTryn9 8mounls ofassets and [ableS wllhkn th6 next reporung perK)d. The Iru¥laeE do not conslder that thB Covld-19 pandemlcwill have mY affbclon lh8 abhllyof th8 Iru¥l lo contlnue 85 8 golng concern. 2. Trust•?8' remuneratlon and expensès No Tru51ees received any r8muner411¢n OF OthBr b8ngftt8 ffonj an ¢mrAoyMent 1h iho tharity and no Tru51OBS were ¥elmbursed for trxp8nse912021: Ntsnel. 3. Wagè5 Hnd salarles There are no omployees12021.' ne1. 4. Dtsnaied sorvlco In¢om& 2022 2021 South Dwn5 Gospel Hall Trust 9,259 4,443 9,259 4,443 Expendmuro 2022 2021 2022 2021 5. Gtants r¢celved South Dwns Go6p81 Han Trust 852,631 852.631 504 othor charltble acilviti Meetlng r00rn5 6. Rosourcos exn@d Runnlog of meotlng halls 2022 2021 Repalr$ 8nd malnten8nce ofplanland bulklkngs Ground3 mainlenatKe Malnienance- Rerordkng U1pm0nI Llghl and heal Water rates T818phone & broadband al halllsl 2,121 2.583 2,121 2.583 762 1.933 337 1,933 337 1,D35 5QO 879 879 528 915 Clétsnlng Lggal and professlorA1 Sundry DeprBGi4llon- Freehold properly Depredallon- FlxiurBs equmeThI 26,445 795 26,445 795 9,402 795 35,og3 35,093 14927 Page 10
Parkway Gospel HRII Trusl DBlalled statornent offlnanclal actlvlllÈs Notes to thè accounts forthe rend&d Slh A TII 2022 7. Tanglbloflxod as59ts Freehold Flxtur¢s & Propertf and Equlpmanl Relurb15brnent Tota Cts$t Al ApDI 2021 Di5P05ds Adillions 470,083 7,953 478,036 852.115 852,115 At 51h AptH 2022 1.322,198 7,953 1,330,151 Depreclatlon Al Glh Aprfl 2021 Dtspv&al$ Charg¢ fr¢lha 47.QlO 3.975 50.985 26,445 27,24Q At Sth April 2022 Net Book Valu9 Al 5th Aprll 2022 73,455 .770 78,225 1.248,743 3.183 1,251,928 Al 6th Aprll 2021 423,073 3,978 427.051 ' Regi&lryl8 numbers arg,. WSX 11È787, WSX 187099. SH84311SH298821SH38030 8nd HP5829801HP582983 7.2 Durfng the yearlhe trust w¢e0d the followlng properfles donated fr(xn alfillaled tru¥ls foi nl sIderatIOn. Property 81 Slgndford Lano, P8&sfidd, Bordon for£479.501 FpertY atTower Road. uPhJk for £37?,813 B. Analy918 of ngt assets betw funds Unrostrlcted funds Rgstrl¢tod fund8 Total funds 8.1 rrenty9ar Taoglblo fixed 8S9ets Current ats8el$ e.urwnl iabillles Lung 18rm IFabKIIIo5 1,251,926 942 858 1,251,926 942 858 Tolal lund 1,252,010 1,252,010 8.2 Prforyaar Unroslrlcted Restrl¢tod funds funds Tolal fijnd Tanglble fixed assets Cur¥£nls assets 427,051 402 683 427,051 402 683 LoTrg term Ilabllllles Total 426,77D 428,770 Pagg11
Parkway Gospel Hall Trust DElailed Statfment of flnanclal a¢llvltl69 Mote5 to th8 aeeounis forthg oarenrf Sth ril 2022 9. Movgmpnt In lund6 .1 Cutrenlye8r Roallsedl unrealÈ$8d galn and 108sfjs Balarbce at 6Aprll Incomlng 202 rosources RBsoMrces éXP8nded Balance at s Aprll 2022 Rests4cted funds Furnl Unreslrkled funds 426.770 861,89D 36,650 1.252.010 Total funds 426.7TO 661,890 36.650 1252,010 9.2 IWory8ar Rèallstsdl unreallsgd gal and IosFe8 Balance at 6 Aprll In¢omlng 2020 re8ovrcgs RtsourGg5 expènded Balance at 5 APTII 2021 lisstrlcted funds Fwd Unr88trf¢ied fund8 437.105 4,947 15,282 426,770 Total lund8 437,105 4.947 15,282 426.TlO O. Tran$¢tlons wlth r•lat•d partles Ther8 W8re no rdated paty tronEacU¢Jns In yegr lo 5th Porti 202212021 £ *11. 11. Volunte8r8 Parkway Gospel Hall Trusl relles enllrely volunieers to Catry out the mnagement, adrn1nlstraon and oenernl m8lnlen8nco work. The T1 has no pald staff or p8td Truslegs. Pag8 12
Paykway GOSP Hall Trust DBl4lbd glatetnTrnt of IlnanGlal acllvltles Notvs to Ihe accounts lor the ar ended 5th A 12022 12. Full compaw5¥ ol Statèment of Flnall¢lal Actlvltlqs Unrestrictèd R05trlctqd Yotgl FUd$ Fund5 Funds InEpmlng rewurc Co01109 Contrfbutions frtm conpregallon GIN donations Olhei donalons IncDmè lax refunds Donaled setvlces Payrdl glvlng GrBnts recewad Legades ye¢efved Inv98tmont Income and Interast Bank inier¥¥l other Incom6 4,443 4,443 504 Total 4,947 4,947 ExpendltuTr ors.. Charftablo a¢llvltl•¥ Runniry of m8Ellng h811s Wkler communHy outr@h Coslol donalgd ¥ervlces Transf¥s lo Irusts CDngruenl obje¥6$ Other costs 13.927 300 13,927 300 G0ManCe Computer c051E Lcgal & profosslokal cogts Indop*ndenl Examlne¢$ fea Bank ¢h8rge8 551 551 504 othor ProltlLos8 on sole of assets Total 15,282 15,282 Net InGomellexpondliuT&I 10,335 1D.$35 GBin51llossesl Ixi alUafj of fixed assets Net movement In fuud 10,355 10.115 Reconclll¥tlon of fund5 To181 funds br¢ughl foNÉid 437,105 437,105 Tatal lunds catrlgrj forward 426,770 426,770 Page13