Charity Registration No: 1166837 Mays Lane Gospel Hall Trust Report of the trustees and unaudited financial statements for the year ended 5th April 2025 Mays Lane Gospel Hall Trust Contents Pages Reference and administrative details Report of the trustees Independent examinels report statement of financial activities Balance sheet 9.-13. Notes to the financial statements Mays Lane Gospel Hall Trust Reference and administrative details for the ear ended 5th A ril 2025 Charity name: Mays Lane Gospel Hall Trust Reglstered charity number: 1166837 Trustees: Mr lan R Cooper Mr Thomas H HaNey Mr Timothy J Mallinson (Chair) Mr Gerry D Morrish Mr Kevin J Temple Treasurer: Mr Kevin J Temple Prlnclpal address: The Bungalow Collierfs End Ware Hertfordshire SG111ET Independent examlner: Julian Remmington 4casl 1 Centrus Mead Lane Hertford SG13 7GX Bankers.. Barclays Bank PIC 1250 High Road Whetstone London N20 OPB Page 1 Mays Lane Gospel Hall Trust Report of the trustees for the year ended 5th April 2025 The trustees present Iheir report along wlh the financial statements of the Charity for the year ended 5th April 2025. The financial slalements have been prepared in acCOrdar￿ with the a¢￿UntIng policies sel out on pages 9 and 10 and comply wth the Trust Deed and applicable law. Structure. governance and management Governing document Mays Lane Gospel Hall Trust is an unincorporated trust constituted by Deed of Trust dated 29th March 1994, most recently amended ty Deed of Vanation dated 6th January 2015. The Tiusl was registered with the Charity Commission for England and Wales on 291h April 2016 under Gharity Registration NLtrnber-. 1166837. Recruitment and appolntment of new trustees The names of the Trustees vtho have served during the year an¢J since the year end are set out on page 1. None of the Trustees, nor any person connected with them. received any rernuneration or expenses from the Charity in the year ended 5 April 2025 {2024: £iwl). The Trust operated a Gospel Hall until sold during last year and Ttustees were chosen from among the regular congregation of the hall. New Trustees are nominated by the existing Trustees or by the ¢ongregation and mvsl be appointed by unanim¢)us resolulion of the congregation. They are sele¢ted according lo their skills and experience and are expected to use both in furthering the objects ol the Charity. Checks are made lo ensure the Trustees. eligibility to ad and incoming Trustees are made aware of th8ir respy)nsibililies by the existing Trustees, ensure that new Trustees read the Trust Deed and relevant Charity Commissi¢M guidance. Wlder netrNork The Trustees maintain informal links wilh Tnjstees of similar charities wth a view lo pooling experience considered useful in pursuing the objects of the Charity. The charity also maintains particular links wlh Hertlord Gospel Hall Trust vknich received the remaining members of the Trust's congregation followng the sale of the Gospel Hall during the period. Rlsk rnanagernent The Trustees have identified and reviewed the major risks lo which Ihe charity is exposed and confirm that they have established systems or procedures lo manage and mitigate those risks. Oblectlves and actlvllles Oblectlves and alms The trust has the followng charitable purpM)ses= The charitable purposes of the Charity are the advan￿ment of the Christian religion for the public benefit, induding by the carrying on of the service of God in accordance with the Old and New Testaments of the Holy Bible as followed by Ihose Christians forming part of the wortd-wde fellowship known as the Plymouth Brethren Christian Church (the "Brethren.) and any other charitable purposes connected with Brethren. The core doctrine of Brethren and proper praclices in fvrtherance of certain aspects of doctrine are summarised in schedules to the Trust Deed. Page 2 Mays Lane Gospel Hall Trust Report of the trustees for the year ended 5th Aprll 2025 Publlc beneflt The Trustees confirm that they have complied wth Iheir duly under section 4 01 the Charities Act 2011 to have due regard lo the Charity Comrnission's general guidance to charities on public benefit. Maln actlvltles and achlevements The Trust provided and maintsined a Gospel Hall ￿ere religious meetings were held by the local Brethren community until sold last year. Details of the origins. teachings and way of life of Ihe Brethren ¢an be found on the websile vAw.plymoulhbrethrenchrislianchurch.org and in the schedules lo the Trust Deed. Plans for future perlods Following th8 sale of the Gospel Hall and redistribulion of funds Ihe trust is considering closing down and distributing the residu21 funds Spreadlng the Gospel message and the Ilfe of a Chrlstian The Gospel Hall was a base, until sold during lasl year. from which Ihe regular congregation and others who attend the meetings were encouraged lo spread the Christian Gospel, in word and deed. Members of the cong￿gatIon participated in a programme of street preaching and Gospel tracts vEre provided free of charge by the Charily lo such preachers lo be handed out to interested members of the public. In carrying out this work. the congregation o)nsidered itself to be living out its faith in practice, as particularly exemplified in the following extrdct from the schedule lo the Trusl Deed on living 8 Christian life.. We seek and are encouraged lo live exemplary lives in all our relalionships wth others in the wd8r community (including former Brethren), in accordance wth the teachings of Holy Scriplure {1 Tim 2.2) We regularly go out from homes lo preach on Ihe streets, to di51ribule Christian literature and engage with the wder community {induding former Brelhrenl in order lo present eternal salvatson. available to all men by faith in Jesus Christ.12 Tim 4.'2). We seek as members of the public to lead Christian lives as husbands and wlves, parents, children. employers. employees and neighbours. {Col 3.22-25, Col 4'.1). The preservation and protection of the family unit is fundamenlal and children are prized as a blessing from God (Psalm 127-.3-51- The elder]y are valued members of the community, for whom both their family and the wider c(Mnmunity are expected lo care. Holy Scripture commands us to be go(Id neighbours to others, and deal with all other people linduding former Brethren) openty. honeslly and fairly and consistent wtth these principles, we should give our lime, talents and money to assist those in need in the wder community. in so far as reasonable given our abilities and our available fe8otsr￿s. {Matt 7'.12, Matt 22'.39, Eph 4'.28). Page 3 Mays Lane Gospel Hall Trust Report of the trustees for the year ended 6th April 2025 Objectlves and actlvltles Funding Funding is sought through gifts from the congregation and Gift Aid is daimed on eligible donations. Funding is somelimes received from other charitable trusts with complementary oiyeclives. Financlal revlew Flnanclal posltlon In the year ended 5 April 2025 the Trust had a deficit of incoming resources over reSoUr￿S expended. This deficit was due to dislribuling funds lo affiliated trusts from the funds generated from the hall sale last year. Total voluntary income received this year was £ O compared lo £ 6.940 in the previous year. All funds held were unrestricted funds. Reserves pollcy The Trustees have consideied the level of reserves they wtsh lo relain, approprÉale to the charity's needs, based on the size and level of ils financial commilmenls. The Trust has no employees, and there are now no regular outgoin9s. Following the sale of the trust's property, the Trustees plan lo distribute the remaining reserves in line wlh charitable objectives of the Charity. Free reserves at the year end were £35,639 (2024 £5,154,052). Page 4 Mays Lane Gospel Hall Trust Report of the trustees for the year ended 5th April 2025 Statement of trustees. responslbllltles The twstees are responsible for preparing the Report of the Trustees and the financial statements in accordance Mfjlh applicable law 2nd United Kingdom Accounting Stand8rds {United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees lo 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 of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting ttllicies and then apply them consistently: b} obseTve the methods and principles in the Charity SORP (FRS 102}; make judgements and estimates that are reasonable and prudent., d} stale vlhether applicable accL)unling standards have been followed, subject to any material departures disclosed and explained in Ihe financial ststemenls- prepare Ihe flnancial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in busines5. The Iruslees are responsible for keeping proper accounting records that disdose with reasonable accuracy at any time the linanaal position of the charity and enable them to ensure that the financial statements comply with the Charitles Act 2011. the Charities {Accounls and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and he￿￿ for taking reasonable steps for the prevention and detection of Iraud and other irregularities. All transactions have been reviewed and approved by trustees. On behalf ol the board.. Kevin J Temple Dale Page 5 Mays Lane Gospel Hall Trust INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS Report to the trustees of Mays Lane Gospel Hall Trust on the financial statements for tho year ended 5th Aprll 2025 set out on pages 7 to 13. Respectlve responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in a¢cordanGe with the requirements of the Charlties Act 2011 ('the ACY). I report in respect of my examination of the Trust's accountg Carrled 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 Comrllission under section 145(5){b) of the Act. Basis of indep8nd8nt examlner's statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accountlng records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusLial items or disclosures In the accounts, and seeking of explanations from you as Trustees concerning any such matlers. The procedures undertaken do not provlde all the evidenGe that would be required in an audit, and consequently no oplnion is given as to whether the accounts present a 'true and fair view, and the reporl is limited to those matters set out In the statements below, Independent examlner'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.. Accountlng records were not kept in respect of the Trust as required by section 130 of the Act., or The accounts do not accord with those records", or The accounts do not comply wlth the applicable requirements conceming the fomi and content of accounts set out In the Charities (Accounts and Reports) Regulatlons 2008 other than any requirement that the aGcounts glve a true and fair view, which is not a matter consldered as part of an indeperKlent examination. I have no concerns and have tome across no other matters in connection with the examlnaiion to on Id be drawn in this report in order to enable a proper understanding of the e reache ccounts t Signed: Date: Name: Julian mmington 4¢ast, 1 Centrus, Mead Lane, Hertford. SG13 7GX Page 6 Mays Lane Gospel Hzll Trust statement of financl¥l a¢tlvllles Ilncluding income and expenditure account) for tho ear ended Sth A rll 2025 Unrestricted Restrlcted Total Funds Funds Funds 2025 Total Funds 2024 NOTES InGomlng and endowments from.. Donallons and leg3Gles- Conlrlbulions from the congregallor5 Gifl Aid donations Other donations Income lax refundslrefundable Donated Se￿iceS Grants rec&ivo11 Payroll giving Leoacies received Invèstmènt Income and Interest B8nk Interest other Income Other incomo 3.LK)O 3,940 94.560 94,560 93.634 Total 94.580 94,560 100.574 Expendlturo on: Gharltable J¢tlvllig$ Runnlng of meeling h811s Public Oulreach Cost of donatèd servSce$ Grants lo offillaled Iiusls Other cos18 338 338 11,627 5,214,000 s.214.￿0 Gov•rnan¢• Computer ¢0815 Legal & professlonal costs Independenl EKaminer'8 lee Bank charoes Depreclallon- Offlce equipment (Admin) ProfiVLosB on 8ale ol assels 35 1.630 230 35 1,630 230 2.015 3.034 25 4.587.848 Total 5,212,973 5.212,973 4.571.145 Net Incomellexpendlturel 5.118,413 5.118,413 4,671,719 Golnslllossesl on revalualK)n ol fixed assgts N81 movom¢nt In funds 5,118.413 5.118.413 4,871,719 R8conclllatlon of fund8 Funds at 6th April 2024 5.154,052 5.154,052 482,333 Total lund8 at 6th Aprll 2025 35.639 35,839 5.154,052 The notes on pages 9 10 13 form part of Ihgse fmancial statements. All of Ihe above aclivilips are classèd as conlinulng and Ihere are no galns and losses other Ihan Ihoso Induded atr￿e. Page 7 Mays Lane Gospel Hall Trust Balance sheet As at 5th A rll 2025 2025 2024 NOTES Flxed assets T8nglble fixed assets Current 8880ts Deblors.. Prepayments & accrued income Loans C85h al bank and in hand 5.141.165 15,863 36.324 36.324 5.157,028 Currgnt Ilabllltlè$ Credilor3'. amounts falling due wilhln ontr year: Other creditors Accruals and delerred Income 685 2.976 685 2,97fj Not curr8nl a8S0t8 35.639 5,154,052 Total assets 1•88 ¢urrgnt Ilabllltl•$ 35.639 5,154,052 Creditors.. amounts falling due after more than one year Not agsats 35,639 5,154,052 Funds Unreslricled fund8 Reslricled lumds 35.639 5.1S4.052 Total Funds 35.639 5.154,052 The Una￿dIted flnanclal slalemenls were approved and autho￿￿ lor Issue by Iho Trustee ol Mays Lane Gospel Hall Tru51 on OS- 101 116 and slgned on Ihelr behalf by Kevln Trnslee Temple The noles Dn pages 910 13 forn part of Ih8se financlal slatemtnts Page 8 Mays Lane Gospel Hall Trust Detalled stalomeni ol flnanclal actlvltles Notes to the accounts for the ar ended 5th A ril 2025 1. Accounting poli¢l¢s 1.1 Basis ol financial staierneals The financial statements have been prep3red in accordance wilh Ihe Statement of Recomme#ded PractI￿-. Accounling and ReportlJg by Ch8rilies preparing Iheir accounls in awordance wilh the Financial Reporting Slandard applicablè In Ihe UK and Republic of Ireland IFRS 1021 Issued on 16 Juty 2014. and incoiporallng update bulletins 1 arEd 2, and tho Financial Reporting Standard 8pp5iGable in the Uniied Kingdom and Republic of Ite13nd (FRS 1021 and UK Generally A¢¢ep¢ed A¢¢ounling PraC￿'ce. The luncllonal currency ol the charily Ss slert￿g {£). The Trust meets the defth#ion of a public benefil entify und8r FRS 102. Assgts and liabilit*s are inilialty rec(¥nised al historical c051 or Iransacllon value unless otherwise staled Ihe reltsvant o¢counting ￿kY nolels}. 1.2 Incom8 Donatlons are re¢ognlsed in IhÈ year In whlch Ih8rn Is enlitlemenl and probablllty ol r&c¢lN ond the amount can b& measured wllh ieasonable cerlainly, Income is only deferred when the charity has lo luifil oondilion5 bèfore becomiThJ 8nliU8d lo11 or where the donor has spe￿r￿d Ihal Ihts In¢onw 1$ lo be expended kn a fulwe year. Glft akl Is added lo th value ol the donallon lo which il relate5. DonBted s8rvlces af8 recognlsed 85 int￿me and eX￿ndHUTe In the fmancial $18temenls when organ1s8tJons or Indlvlduals olfer Ilieir seNices and support pro bono. The value ol Ihese donatod sorvlces to Mays Lan8 Gospel Hal Trust Is considered lo b8 equal ¢0 markel value which wouhj be pald wero the SONI￿ fornialy procur8d. Thls IT￿ludeS services pald lor by other trusts. Inv861m8nl Income 18 accounle¢J for ￿ 8 recglvable b8sls. 1.3 Expenditure Expendiluie Is included (>n an accruals basis. Liabllitl8s aro recoonoed as soon as there Is a legal or conslruclNe obllgatlon comfflilling the charlly lo pay oul Tesources. Charitable a¢llvllS0$ ￿mprISe those costs direclly altrfbuiablo lo the fulfiknent of the charftablè objects. 1.4 GovemancA and support CO818 Support cosls have been alkJcal8d behyeen goveTn8nce eosls and olhèr support ￿)Sis. Governan￿ ￿518 comprfse 011 costs involving the publlc a¢coun¢ablllly ol Ihe charily and c051s related lo s18lulory requ¥8m8nts. As there are no staff or offices Ihe Tru51ees have agreed lo allocale al such cosls lo Govemance cosls. 1,5 T8nglble I￿ed assets and deprecaalion T8nglble fixed assets (cos￿.￿9 rnofe than £1501 a￿ slaled at cosl less dèpreclallon. Freehold 18nd Is not d8preclaled. D8preclallon Is provlded at fales calculated lo wri1& Dff the C￿1. less estimaled r85idual value. of 98¢h asset over its expected usel￿1 Ille a$ follows.. Freehold IBnd Freehold bulkllng$ Plant and lurnishlngs Eqtjlpmenl Nol depreclated 2Y.- Reducing balanee mÈthnGorne 3.￿)0 3,940 3,940 93,634 93,634 Total 1￿.sT4 100,574 Expondlturg on.. Ch¥Tllablg a¢tlvltle Runnlng of meeting halls Publlc Oulreach Cost ol donaled seNkes Other costs 11,627 11,827 Governance Computer costs Legal & professlonal ¢0818 Independent ExamlneTS fèè Bank charges Depr¢¢lollon- Offi¢e equIpm￿l (Admknl ProfwLos3 on sale ol a8sel8 2.01 S 3,034 25 2.015 3.034 25 4.587,846 4.S87.846 Totpl 4.571.145 4,571,145 Not Incomg1{8xpendlturg1 4.671.719 4.871.719 Galnslllossesl on revaluation ol fixed asse18 N¢t movement In lunds 4.671,719 4,671,719 Reconclllatlon of funds Total fund5 btuught fO￿ard 482.333 482.333 Total funds carrled foN•ard 5,154,052 5.154,052 Page 13