Trustees Report & Unaudited Financial Statements Park Hill Gospel Hall Trust Forthe year ended 5 April 2024 Contents Legal and Administrative Information Report of the Trustees Report of the Independent Examiner Statement of Financial Activities io Balance Sheet li Notes forming part ofthe Flnancial Statements 15 Resource5 Expended 16 Analysis of Net A5sets- Current year 17 Analysls of Net Asset5- Prioryear 18 Movement in Funds- Currentyear 19 Movement in Funds- Prioryear 20 Comparative Statement of Financial Activlties Trustees Report&Unaudited Financsal Ststements Park Hlll Gospel HallTrust 23 Jan 2025 Page 2 of 20 Legal and Administrative Information Park Hill Gospel Hall Trust For the year ended 5 April 2024 Charity Name: Park Hill Gospel Hall Trust Registered Charity Number: 1166845 Trustees: Richard Ball (Chairl Marcus Clarke Nick CaNell Treasurer: Marcus Clarke Prfnclple Address: Standerton, Camp Road, Sutton Coldfield, B75 5QZ Independent Examiner: Sandra Thurgood FCCA 3 Dells Lane Biggleswade Beds SG18 8LP Accountant: Oldfleld Advlsory LLP 1120 Elliot Court Herald Avenue Coventry CV56UB Trustees Report &Unaudlted Flnanclal statements PathHIII Gospel HallTiust 23 Jan 2025 Page 3 of2 Report of the Trustees Park Hill Gospel Hall Trust For the year ended 5 April 2024 The trustees present thelr report along with the financial statements ofthe Charity for the year ended 5 Aprll 2024. The financial statements have been prepared in accordance wlth the accounting policies set out on page 10 and comply with the Trust Deed and applicable law. Structure, Governance and Management Governing Document The Charlty Ss an unincorporated trust constltuted by a Deed of Trust dated 02 April 2003, most recently amended by Deed of Variation dated 29 August 2014. The trust was registered with the Charlty Commlssion for England and Wales on 29 April 2016 under Charlty Registration Number.. 1166845 Recruitment and appointment of new Trustees The Trustees who have Se￿ed during the year and slnce the year end are set out on page 2. None of the Trustees, nor any person connected wlth them, received any remuneratlon or expenses from the Charity In the year ended 5 April 2024. The Trust operates two Gospel halls and Trustee5 are chosen from among the regular congregatlon 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 skllls and experience and are expected to use both Sn 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 similarTrusts with a view to pooling experience considered useful in pursuing the objects of the Trust, The Trust atso maintains particular links Wlth Grosvenor Gospel Hall Trust with which it shares members of its congregation. Risk Management The Trustees have identified and reviewed the major risk5 to which the charity is exposed and confirm thatthey have established systems to manage and mitigate those risks. Objectlves and Activities Objectives and Alms The charitable purposes of the Charity are the advancement of the Christian religion for the public benefit, including by the carrying on of the seNice of God In accordance with the Old and New Testaments of the Holy Bible as followed bythose Christians forming part of the world-wide fellowship known as the Plymouth Brethren Christian Church Ithe'Brethren°l 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 Trustee5 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 guldance to charities on public benefit. Trustees Report & Unaudited Flnantlal Stètements Park HIIIGospe5 HallTrust 23Jan 2025 Pa8e4of20 Report oliheTrustees Maln activities and achievements The Trust provides and maintains two 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 web5ite- www.plymouthbrethrenchristianchurch.org and in the schedules to the Trust Deed. Plans forfuture periods Despite the increased cost of energy, the trustees feel that these increased costs are not significantly impacting on the ability of the charity to continue as a going concern Meetings Meetings held at the Gospel halls include the Lord's Supper Icommunionl, Gospel preachings, Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the particular meeting, between 40 and 120 people normally attend these occasions. The meetings are attended bythe 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 atthe halls and visitors are free to help themselves. Trustees Report & Unatydited Flnan£lalStatements ParkHSllfjospel HallTiust 23 Jan 2025 Page 5 of 20 ReportoftheTrustees Spreading the Gospel message and the life of a Christian The Gospel ha115 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 would usually participate in a programme of street preaching where Gospel tracts are provided free of charge by the Charity to such preachers to be handed out to interested members of the public. Due to the Covid-19 pandemic this ha5 not been possible during the financial year, but the congregation aim to continue this once it 15 safe to do so. 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 lincluding former Brethren), in accordance with the teachings of Holy Scripture11 Tim 2.21, 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 orderto present etemal salvation, available to all men by faith in Jesus Christ. 12 Tim 4.21. We seek as members of the public to lead Christian live5 as husbands and wives, parents, children, employers, employees and neighbours. (Col 3.22-25, Col 4.11. The preservation and protertion of the family unit is fundamental and children are prized as a blessing from God. (Psalm 127.3-51. The elderly are valued members of the community, for whom both theirfamily 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 falrly and consistent with these principles, we should give ourtime, talents and money to assist those in need in the widercommunity, in so far a5 reasonable given our abillties and our available resources. (Matt 7..12, Matt 22.39, Eph 4.281. Funding Funding is sought through gifts from the congregation and Gift Aid is claimed on eligible donations. Funding is sometime5 received from other charitable trusts with complementary objectives. Financial Review In the year ended 5 April 2024 the Trust had a surplus of incoming resources over resources expended. This is due to the trust receiving a room, donated to it from an affiliated trust. Total voluntary income received this year was £307,741 compared to £10,822 in the previous year. All funds held were unrestricted funds. Reserves Policy The Trustee5 have considered the level of reseNes they wish to retain, appropriate to the charlty's needs, based on its 55ze 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 signiflcant reserves. The congregatlon 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 contlnue to fulfll its charitable objectives even if there is a temporary shortfall In Income or unexpected expenditure, by raising a funds appeal to the congregatlon. Free Reserves atthe year end were £Nil12023.' £NIII Trustees Report&Unavdlted Finontlal Statements Park Hlll Gospel HallTnJst 23 Jan 2025 Page 6 of 20 ReportoflheTrustees statement of Trustees Responslbilities The trustee5 are responsible for preparing the Report of the Trustees and the financial statements in accordance with applScable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). The law applicable to charitie5 in England and Wales, the Charities Act 2011, Charity (Accounts and Reports} Regulation5 and the provisions of the Trust Deed require the Trustees to prepare financial statements for each financial year which give a true and fairview of the state of affairs of the Charity and of the incoming resources and application of resource5, 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 con51Stently,' obselve the methods and principles in the Charity SORP IFRS 1021. makejudgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial 5tatements,' prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose wlth 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 (Account5 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 preventlon and detection of fraud and other irregularities. All transactions have been reviewed and approved by two trustee5. On Behalf ofthe b Mr M Clarke (Trusteel ITrusteel .1. IY'LS Date Trustees Report& Unèudlted Flnanclal Ststements Park Hlll Gospel HallTrust 23 Jan 2025 Page70120 Report of the Independent Examiner Park Hill Gospel Hall Trust For the year ended 5 April 2024 I reportto the trustee5 on my examlnE4tlon of the account5 of the Park Hill Gospel Hall Trust lorthe yearen¢Jed S April 2024. Respective responsibilities of Tru5tee5 ond Éxaminer The charfiy's trustees ale responsiblÈ forthe preparation of the Accounis In (Itcordaneewlth the requlre.ments of the Charities Att 2011 I'the Act'l. I report In respert ol my examinatlon ol the Trust's accoynts Carr}￿ out under sectlon 145 of the 2011 Act and In carryingout my èxaminatlon I havefollowed all the appllcable Dlrections glvet) by Ehe Charlty Commlsslon under sectlon 145151{bl oftheAcL Basls of Independent Examiner's Report My examlnation was carried tsut IN accoTdance wltl) the General Directions given bythe Charlty Commission, An examlnatlon Includ¢$ IJ review of the accountlng records kept by the charity and a comparlson of the accounts presented wlththose records. 11 a150 includ@s ¢or+sld@ratlon of any unusual Items or disclosures In the accouiits, and seeklng of explanations from you as Trustees concernirbg bny sucl) matters. Tlie procediires vndertaken do not PfDvlde all the evldence thatwould be requlred in an audit, and Gon¥¢quently no tsplnlon Is givÈn as to whethei the accounts present a'ti'ue and faly view, aild the reporl is limited t(J those matters set L)Ut in the statements below. Ihdependent Examlner's Statement I have ¢otWTpleted myèxhmit)ailort. l ¢Onfirm that no material rnatters have