Charity registration number 1166844 SILVERDALE GOSPEL HALL TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
SILVERDALE GOSPEL HALL TRUST CONTENTS Page Legal and administrative infomation TTUStees' report Statement of trustees, responsibilities Independent examinerfs report ststement of financial activities Balance sheet Notes lo tt)e finanaal statements 10-16
SILVERDALE GOSPEL HALL TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr O Whiley - Chair MrT F Devenish Mr J Harrison Mr C L James Mr E Eagle Charity number 1166844 Principal address 2 Hatlex Hill Hest Bank Lancaster Lancashire L42 6ET Independent examiner Champion AIKvoods Limited 2nd Floor Refuge House 33-37 Watergate Row Chester CH12LE Bankers National Westminster Bank PLC 113 Dalion Road Barrow-in-Fumess LA14 1WY Trustees holding title to assets held within the Trust Mr O M Whiley Mr T F Devenish MR C L James Mr J Harrison Mr E Eagle
SILVERDALE GOSPEL HALL TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2024 The trustees present their report and financial staternents for the year ended 5 April 2024. Silverdale Gospel Hall Trust is constiluted by a Deed of Trust daled 15 March 2005, amended by Deed of Variation dated 18 August 2014. The Trust was registered with the Charity Commission for England and Wales on 29 April 2016 under Charity registration number. 1166844. The registered office is 2 Hatlex Hill, Hest Bank, Lancaster, LA2 6ET. The financial 51atements have been prepared in acp£irdance with the accounting poliaes sel out in note 1 to the financial statements and compty with the tnjst's goveming document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statemenl of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).. Objectives and activities The Trust has the following charitable purposes- The advancement of the Christian religion for the public benefit induding by the carying on of the selv1 of God in acKordance with the Old and New Testaments of the Holy Bible as followed by those Christians fomiing part of the world-wide fellowship known as the "Plymouth Brethren Christian Church (the "Brethren" ) whose core doctrine and whose proper practices in lurtherance of some of the aspects of that core doctrine {"Faith in Practice" ) is summarised in the Schedules to the New Trust Deed which is contained in the Second Schedule to the Deed of Variation dated 18- August 2014. Any other charitable purposes connected with Brethren. Public beneflt The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should undertake. Details of the public benefft actimties undertaken by Ihe trust are induded in the annex to these finanal statements. Main Activities The Trust provides and maintains one gospel hall for the religious acttwties of Christians often referred to as 'Brethren'. Details of the origins, teachings and way of lrfe of the Brethren can be found on their website wwi.plymouthbrethrenchristianchurch.org. Meetings held at these gospel halls incjude the Lord's Supper (Communion), Gospel preachings, Bible readings and Bible addresses. Depending on the particular meeting, behveen 40 and 340 people normally attend these occasions. There is a structured weekly schedule of meetings held in one or more of the gospel halls.
SILVERDALE GOSPEL HALL TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Spreading the Gospel Message The Gospel Hall is a base from which a large number of preachers operate to spread the Christian gospel, in word and deed. Gospel tract5 are provided free of charge by the Trust to such preachers. Many of them also preach Ihe Christian gospel on the streets of Lancaster most weeks of the year. In addition lo street preaching, the trust also distribLrtes gospel tracts and bibles together with a programme of providing regular packs of nulrilious food and gospel literalure to homeless and needy persons through local charities or homeless societies. Members of the congregation supported the outreach work of a separate charity, the Rapid Relief team, by providing volunteers lo help with the distribution of food boxes. Irisitors The services and meetings are attended by the regular congregation and many of the services are open to other visitor5 who are propedy disposed. The notice board outside Ihe Hall welcomes visitors and displays limes of Gospel Preachings along with a telephone number for those seeking further information or help. Gospel Tracls, which are distributed daily, also display this infomation. Bibles and an extensive range of other Christian reading material is on display at the Hall, to which visitors are free to help themselves. The life of a Chrlstian The following points are an extract from Schedule 1 of the Trusl Deed. They outline the way of life of Ihe Brethren as supported by the Holy Scriptures and how it contributes to public benefit., We seek and are encouraged to INe exemplary lives in all our relalionships with others in the wider community (including former Brethren). in accordan with the leachings of Holy Scripture {1 rim 2..2) We regularty go out from our homes to preach on the streets. to distribute Christian lileralure and engage with the wder cnmmunity (including fomier Brethren) in order to present eternal salvation, available to 311 men by failh 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 preservalion and protection of the famity unit is fundamental and children are prized as 2 blessing from God. (Psalm 127'.3-S).The elderfy are valued members of the community, for whom both their family and the wider communty are expected to care. Holy Scripture commands us to be good neighbours to others, and deal wtth all other people (including former Brethren) openly, honestly and fairly and consi5tenl wilh these principles, we should give our time, talents and money to assisl those in need in the wider MMunity, in so far as reasonable given our abilities and our available resources. (Matt 7'.12, Matt 22.39, Eph 4'.28). Volunteers Silverdale Gospel Hall Trusl relies entirely on volunteers to carry out the management, administration and general maintenance work. The Tnjst has no paid staff or paid Trustees.
SILVERDALE GOSPEL HALL TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Financial review In the year ended 5 April 2024, the Trust had a deficit of £83.913 (2023 - £85,293 surplus) incoming resources over resources expended. Total voluntary income received this year was £56,082 (2023 - £219,480). All funds held were unrestricted funds. Gifts totalling £15,709 were made during this year (2023= £19.486). Reserves pollcy The Trustees have considered the level of reserves they viish to relain, appropriate to the charivs needs. This is based on the charity's size and the level of financial commitments. The Trustees would acpt a reSee policy at the end of the 2023124 period of £30,000 to be adequate. This is reviewed at the end of each financial period. At the year end. the Trust ha5 £30,925 (2023= £48.846) free reserves and as such, the resewes policy is being mel. The Trustees aim to ensure that the charity will be able to continue to fulfil its charitable objectives even rf there is a temporary shortfall in income or unexpected expenditure, by raising a funds appeal from the congregation. The congregation is kept regular infonned as to particular needs for fvnds, and other relevanl matters. Funding Funding is sought through gifts and donations frotn the congregation. Grants are sometimes reived from other charitable trusts with congruent objectives. Gift aid is also daimed on relevant gifts. Risk management The trustees have assessed the major risks to which the tnjst is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Plans for future periods The Trust plans to continue all the cJJrrent activrties. Despile the increased cost of energy. the trustees feel that these increased costs are not significanlly impacling on the ability ofthe charity lo continue as a going concem. Structure• govemance and management Governing document The charity is controlled by a deed of trust and constitLrtes an unincorporated charity. The Silverdale Gospel Hall Trust is constituted by a Deed of Trust dated 15 March 2005, amended by Deed of Variation dated 18 August 2014. The Trust was registered with the Charity Commission for England and Wales on 29 April 2016 under Charity Registration Number.. 1166844
SILVERDALE GOSPEL HALL TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Recruitment and appointment of new trustees Trustees are selected according to their experience in specialised fields and are expected to use that experien in furthering the objects of the Trust. Checks are made to ensure Ihal there are no legal or other barriers to their appointment. New Trustees are nominated by the existing irustees and appointed by unanimous resolution of the Congregation. Incoming Trustees are made fully aware of their responsibilities by the existing Trustees who ensure that new Trustees read the Trusl Deed and the relevant guidance for trustees published by the Charity Commission. None of Ihe Trustees, nor any person conneded with them, received any remuneration or expenses from the Charily in the year ended 5 April 2024 (2023= £nil). The trustees who served during the year and up to the date of signature of the finanual statements were: Mr O M Whiley- Chair Mr T F Devenish Mr J Harrison Mr C L James Mr E Eagle Organisational structure All major decisions, induding those of a financial nature are made by the Board of Trustees at their regular meetings. which are held at monthly inletvals. More minor decisions may be made by individual Truslees in their particular field of responsibility. MrT Devenish is the Treasurer for the Trust. Wider network The TrLtstees maintain informal links with similar chartlies with a view to pooling experience considered usefvl in pursuing the objects of the Charity. The charity also maintains particular links with Cross Hill Gospel Hall Trust to whom it provides support and shares members of its congregation. The trustees, report was approved by the Board of Trustees. MrT F Devenish Trustee 27th September 2024
SILVERDALE GOSPEL HALL TRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2024 The trustees are responsible for prepallng the Trustees. Report and the financial slatements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi). The law applicable lo charities in England and Wales requires the Irustees to prepare financial statements for each financial year which give a true and fair wew of the state of affairs of the trusl and of the incoming resources and applicalion of resources of the trust for that year. In preparing these financial statemenls. the trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and prinaples in the Charities SORP- make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed. subject to any malerial departures disclosed and explained in the financial statements- and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that disdose with reasonable accuracy at any lime the financial position of the trust and enable Ihem lo ensure that the financial stalements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable sleps for the prevention and detection of fraud and other irregulartties. All transaclions have been reviewed and approved by tsvo trustees. Mr T F Devenish Trustee Dated.. 27th September 2024
SILVERDALE GOSPEL HALL TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SILVERDALE GOSPEL HALL TRUST I report to the trustees on my examination of the finanaal statements of Silverdale Gospel Hall Trust (trust) for the year ended 5 April 2024. Responsibilities and basis of report As the trustees of the trust you are responsible for the preparation of the finanaal statements in accordance wilh the requirements of the Charities Ad 2011 {the 2011 Act). I report in respect of my examination of the trust's financial statements Caled out under seclion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515){b) of the 2011 Acl. Independent examinerfs statement Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Acoounting and Reporting by Charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounling and Reporting by Charilies.. Slatement of Recommended Practi issued on 1 Apiil 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order for financial statements to provide a true and fair vtew in accordance with Generally Accepled Accounting practi effectrve for reporting periods beginning on or afler 1 January 2015. I have completed my examination. I confitm that no matters have come to my attention in cL)nnection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the trust as required by seclion 130 of the 2011 Act., or the financial slatemenls do not accord with those recLsrds', or the financial statements do not CA)mply with the applicable requirements Conrning 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 fair view which is not a matter Considered as part of an independent examinalion. I have no concerns and have come across no other matters in connedion with the examination to which attention should be drawn in Ihis report in order lo enable a proper understanding of the financial statements to be reached. Champion Allwoods Limited 2nd Floor Refuge House 33-37 Watergate Row Chester CH12LE Dated..
SILVERDALE GOSPEL HALL TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 Unrestricted funds 2024 Unrestricted funds 2023 Designated funds 2023 Total 2023 Notss Income from: Donations and legacies 56,082 219,480 219,480 Total Income 56.082 219,480 219,480 Expenditure on: Charitable actiwties 139.995 127,583 6,604 134,187 Total expenditure 139,995 127,583 6,604 134,187 Net incomel(expenditure) and movement in funds (83,913) 91,897 (6,604) 85,293 Reconciliation of funds: Fund balanS al 6 April 2023 4.107.422 4.015,525 6,604 4,022,129 Fund balances at 5 April 2024 4,023,509 4,107,422 4,107,422 The statement of financial acttwties indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 10-17 fom part of these financial statements.
SILVERDALE GOSPEL HALL TRUST BALANCE SHEET AS AT5APRIL 2024 2024 2023 Notes Fixed assets Tangible assets 10 3,992,584 4,058,576 Current assets Debtors Cash at bank and in hand 11 3,470 32.412 2,636 50,269 35,882 52,905 Creditors: amounts falling due within one year 12 (4,95n {4,059) Net current assets 30.925 48,846 Total assets less current liabilities 4.023,509 4,107,422 Net assets excluding pension liability 4,023,509 4.107,422 The funds of the trust Unrestricted funds 4,023,509 4,107.422 4,023,509 4,107,422 The notes on pages 10-17 fom part of these financial statements. 23rd September 2024 The financial statements were approved by the trustees ori ............... Mr T F Devenish Trustee
SILVERDALE GOSPEL HALL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Accounting policies Charity information The charity is controlled by a deed of trust and conslitutes an un-incorporated charity. Silverdale Gospel Hall Trust is constituted by a Deed of Tnjst dated 15 March 2005, amended by Deed of Variation dated 18 August 2014. The Trust was registered with the Charity Commission for England and Wales on 29 April 2016 under Charity registration number.- 1166844. The registered Offi is 2 Hatlex Hill, Hest Bank, Lancaster, LA2 6ET. 1.1 Accounting convention The finanual slalements have been prepared in accordance with the trusvs govèming document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practic applicable to charities preparing their accounts in accordance with the Finanryal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019>" The trust is a Public Benefit Entity as defined by FRS 102. The Irust has taken advantage of the provisions in the SORP for chartties applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Slalement of Recommended Pfaclice for charities applying FRS 102 rather than the version of the Statemenl of Recommended Practice which is referred lo in the Regulations but which has since been wlthdrawn. The financial statements are prepared in sterling. which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern The Trustees consider that there are no material uncertainties about the tharivs ability to continue as a going concern. 1.3 Charitable funds Unrestricled funds are available for use at the discretion of the trustees in fvrtherance of their charilable objectives unless the fijnds have been designated for other purposes. Restricted funds are subject to specific conditlDns by donors or grantors as to how they may be used. The purposes and uses of Ihe restricted funds are set out in the notes to the financial statements. 1.4 Income Income is reo)gnised when the trust is legally entitled to il after any performance conditions have been met, the amounts can be measured reliably, and it is probable that InMe will be received. Cash donations are recognised on reipt. Other donations are recognised once the trust has been notified of the donation, unless performance condition5 require defeal of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise rf the trust has been notified of an impending distribution, Ihe amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 10-
SILVERDALE GOSPEL HALL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Accounting policies (Continued) Donated services are recognised as income and expenditure in the finan81 statements when Drganisations or individuals offer their setvices and support pro bono. The value of these donated services to Silverdale Gospel Hall Trust is considered to be equal lo market value which would be paid were the setvice formally procured. This includes serVIS paid for by other trusts. 1.S Expenditure Expenditure is included on an accrual basis. Liabiltties are recognised as soon as Ihere is a legal or construclive obligation commilling the trust lo pay out resourTrs. Charitable activities comprise those costs directly attributable to the fulfilment of the charitable objects. Support costs have been allocated betsveen governan costs and other support costs. Governance costs omprise all costs involving the public accountabilty of the trust and cnsls related to statutory requirements. Governance and support wst5 are all attributable to meeting rooms. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at Cost or valuation, nel of deprecialion and any impaimient losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases= Freehold buildings Fixtures and fittings 20A straight line 100A straighl line Freehold land is not depreciated. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proed5 and the carrying value of the assel, and is recognised in the statement of financial activities. 1.7 Impairment of fixed assets Al each reporting end date, the trust rewews the carying amounls of its tangible assets to delemiine whether there is any indicalion that those assets have suffered an impaiment loss. If any such indication exisls, the recoverable amount of the asset is estimated in order to detennine the extent of the impairmenl loss (if any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The trust has elected to apply the prowsions of Seclion 11 'Basic Financial Instrumenls, and Section 12 '01her Finanaal Instruments Issues, of FRS 102 to all of its financial inslnjments. Financial instruments are recognised in the trusvs balance sheet when the trust becomes party to the contraclual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial slatemenls, when there is a legally enforceable right to set off the recognised amounts and there is an intention lo sellle on a net basis or to realise the asset and settle the liability simultaneous. 11
SILVERDALE GOSPEL HALL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Accounting policies Icontinuedl Basic financial assets Basic financial assets, which indude debtors and cash and bank balans. are initially measured at Iransaclion price induding transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement )nStitUteS a finanung transaction, where the transaction is measured al the present value of the future receipts discounted at a market rate of interest. Financial assets dassified as receivable within one year are not amortised. Basic flnancial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured al the present value of the future payments discounted at a market rate of inlerest. Financial liabililies dassified as payable within one year are not amortised. Debt instruments are subsequentty carried at amortised cost, using the effective interest rate method. Trade creditors are obligalions to pay for goods or semces that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due wrthin one year or less. If not, they are presented as non-cJjent liabilities. Trade credilors are recognised initially al transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the trusys contractual obligations expire or are discharged or cancelled. Critical accounting estimates and judgements In the application of the trust's accounting poliaes, the trustees are required lo make judgements, estimates and assumptions about Ihe carying amount of assets and liabilities thal are not readily apparent from other SoUrs. The estimates and assouated assumptions are based on hislorical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and undedying assumptions are revrewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which Ihe estimate is revised where the revision affects only that period, or in the period of the revision and fulure periods where the revision affects both current and future periods. Income from donations and legacies Unrestricted funds 2024 Unrestricted funds 2023 Donations and gifts Payroll gimng Income lax refunds 56,033 49 210,680 8,052 748 56,082 219,480 12-
SILVERDALE GOSPEL HALL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Income from donations and legacies (Contlnuedl Unrestricted Unrestricted funds funds 2024 2023 Donations and gifts Gifi Aid donations Non Gifi Aid donations 2,990 207,690 56,033 56.033 210,680 Expenditure on charitable activities 2024 2023 Direct costs Depreciation and impaimient Ulilities Repairs and maintenan Telephone Insuran COVID-19 Test Ktts Other donations and gifts Donaled seNices to Cross Hill Gospel Hall Tnjst 65,992 25,153 17,455 1,485 2,815 6,589 2,812 12,897 65,992 20,683 9,637 1,622 2,366 8,249 4,537 14,949 135,198 128,035 Share of support and governance costs (see note 6) Support Governance 1,563 3,234 3,542 2,610 139,995 134,187 Analysis by fund Unrestricted Funds - General Unrestricted Funds - Designated 139,995 127,583 6,604 139,995 134,187 13-
SILVERDALE GOSPEL HALL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Support costs allocated to activities 2024 2023 Support Costs Governance costs 1,563 3,234 3.542 2,610 4.797 6,152 Analysed between: Charitable activities 4,797 6,152 Govemance costs includes payments to the accountants of £2,370 (2023- £2,000) for independent examination fees. Net movement in funds 2024 2023 The net movement in funds is staled after chargingl(crediting)'. Fees payable for the independent examination of the charivs financial Statements DepreatIon of owned tangible fixed assets 3,234 65,992 2,610 65,992 Trustees None of the trustees (or any persons connected with them) recetved any remuneration or benefits from the trust during the year. Employees The average monthly number of employees during the year was". 2024 Number 2023 Number Total Sifverdale Gospel Hall Trust relies entirely on volunteers to cary out the management, adminislration and general Maintenan work. The Tnjst has no paid staff or paid Trustees. There were no employees whose annual remuneration was more than £60.000. Taxation The charity is exempi from taxation on its actiwties because all its income is applied for charitable purposes. 14-
SILVERDALE GOSPEL HALL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 10 Tangible fixed assets Freohold Fixture5 and bulldlngs rrttings Total Cost Al 6 April 2023 4,189,007 2,124 4,191,131 At 5 April 2024 4,189,007 2,124 4,191,131 Depreciation and impaimient At 6 April 2023 Depreciation charged in the year 131,560 65,780 995 212 132,555 65,992 At 5 April 2024 197,340 1,207 198,547 Carrying amount At 5 April 2024 3,991,667 917 3,992,584 Al S April 2023 4,057,447 1,129 4,058,576 The carrying value of land induded in land and buildings CA)mprises'. 2024 2023 Freehold 900,000 900,000 Included in freehold land and buildings is a property with the Land Regislry title number: LAN189337. 11 Debtors 2024 2023 Amounts falling due within one year: Prepayments and accrued income 3,470 2,636 12 Creditors: amounts falling due withln one year 2024 2023 Other creditors Accntals and deferred income 2,550 1,509 2.017 4,957 4,059 15-
SILVERDALE GOSPEL HALL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 13 Movement in funds Movement in funds Ineomlng Resource5 8alanc8 at resources xpended 6 Aprll 2023 Movement in funds Incomlng Restsurces Balance at resources gxpended 5 Aprll 2024 Balance at 6 April 2022 Designated Funds Unrestricted Funds 6,604 (6,604) 4,015,525 219.480 (127,583) 4,107,422 56,082 (139,995) 4,023,509 4,022,129 193,914 (114,315) 4.107,422 56,082 {139,995) 4,023,509 14 Analysis of net assets between funds Unrestricted fund5 2024 At 5 April 2024: Tangible assets Current assetsl(liabilities) 3,992,584 30,925 4,023,509 Unrestricted funds 2023 At S April 2023". Tangible assets Currenl assetsl(liabiltbes) 4,058,576 48,846 4,107,422 15 Relatsd party transactions During the year the trLSSt received unconditional donations from trustees and other related parties of £g,(YJo (2023.. £160,193). 16-
Silverdale Gospel Hall Trust Public Benefit Activity Street Preaching and Tract Di5tribLrtion The Street Preaching has been attended every Wednesday, Thursday and Friday by 2-3 members of the congretation. Gospel Tracts have been handed out to members of the wider community. A total amount of 1215 tracts were handed out this year. Working with other Charities St John's ospice eggcup The Silverdale Gospel Hall Trust were pleased to give £IOOO to St John's Hospice this year. The hospice provides palliative care. £911.96 was given to the Egg Cup Charity. This Charity ensures excess food doesn't get wasted, and is given to people in need. rrt RAPID Members of the congregation are volunteers of the Rapid Relief REUEF Team. RRT Lancaster have been involved in a number of events, TEAM supporting the wider community; Bartow House Fl- emergency services were provided with hot lo(Kl & drinks Coniston Challenge- IKeakfa5t & lunch was served to SUPPDrt Alder Hey Childrens Hospital Charity Ul¥erston Bam Fire- RRT provided sandwiches to fire fighters Ty50n Burridge Fl- RRT provlded hot breakfast to ernergency 5ervice5 Lafficaer Port Royal Fire- ernergenLV 5eMces were provided with a hot meal Cumbria Fire & Rescue Training Exercise- hot lunch was served to emergency seNces StJohTh5 Hospi- 1262 ix)ttles of water gl¥en to participants of the"CrosS the 8ay Walk & Kendal Colour Dash" RRT were also pleased to deliver food boxes and other goods to 6 schools in the area. The RRTtrailer is parked in the Church car park when not in use. Space is also made available for the storage of RRT provisions, and members of the RRT are enabled to use electricity from the site. 212 Food Boxes SOO SmaRRT Cookie Bars 3 Baby Care Kits The car park is also made available to local businesses in the estate for occasional large events, where coaches can park in a safe place. p"¥llW•r-