Trustees Report & Unaudited Financial Statements The Blackgate Trust Forthe year ended 5 April 2025
Contents Legal and Administrative Information Report of the Trustees Report of the Independent Examiner statement of Financial Activities io 8alance Sheet li Notes forming part of the Financial Statements 14 Resources Expended 15 Analysis of Net A55ets- Current year 16 Analysis of Net Assets- Prior Year 17 Movement in Funds- Current Year 18 Movement in Fund5- Prior Year 19 Comparative Statement of Financial Activities Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 2 of 19
Legal and Administrative Information The Blackgate Trust For the year ended 5 April 2025 Charity Name: The Blackgate Trust Registered Charity Number: 1170200 Trustees: MrJ Simpson (Chairl Mr D Fishwick MrR Hamilton Treasurer: Mr D Fishwick Prlnclple Address: Haverbreck House Bilsborrow Lane 8ilsborrow Preston PR3 ORP Independent Examiner: Sandra Martin FCCA 3 Dells Lane Biggleswade Beds SG18 8LP Accountant: Oldfield Advisory LLP 1120 Elliot Court Herald Avenue Coventry CV56UB Bankers: Royal Bank of Scotland Preston Fulwood Branch 2 Lytham Road Fulwood Preston PR28JB Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 3 of 19
Report of the Trustees The Blackgate Trust For the year ended 5 April 2025 The trustees present their report along with the financial statements of the Charity for the year ended 5 April 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 10 and comply with the Trust Deed and applicable law. Structure, Governance and Management Governing Document The Charity is an unincorporated trust constituted by a Deed of Trust dated 5 April 1979, most recently amended by Deed of Variation dated 14 August 2014. The trust was registered with the Charity Commission for England and Wales on 16 November 2016 under Charity Registration Number: 1170200 Recruitment and appointment of new Trustees The Trustee5 who have served during the year and Since the year end are set out on page 2. None of the Trustees. nor any person connected with them, received any remuneration or expenses from the Charity in the year ended 5 April 2025. The Trust operates 3 Gospel halls and Trustees are chosen from among the regular congregation 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 skills and experience and are expected to use both in 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 similar Trusts with a view to pooling experience considered useful in pursuing the objects of the Trust. The Trust also maintains particular links with the Egerton Gospel Hall Trust with which it shares members of its congregation. Risk Management The Trustees have identified and reviewed the major risks to which the charity is exposed and confirm that they have established Sy5tem5 to manage and mitigate those risks. Objectives and Activities Objectives and Aims The charitable purposes of the Charity are the advancement of the Christian religion for the public benefit, including by the carrying on of the service of God in accordance with the Old and New Testaments of the Holy Bible as followed by those 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 schedule5 to the Trust Deed. Public Benefit The Trustees 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 guidance to charities on public benefit. Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 4 of 19
Report of thÈ TrustÈÉs Main activities and achievements The Trust provides and maintains 3 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 website- www.plymouthbrethrenchristianchurch.org and in the schedules to the Trust Deed. Plans for future 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 (Communionl, Gospel preachings. Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the particular meeting, between 30 and 200 people normally attend these occasions. The meetings are attended by the regular congregation and m05t 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 at the halls and visitors are free to help themselves. Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 5 of 19
Report of thÈ TrustÈÉs Spreadingthe Gospel message and the life of a Christian The Gospel halls 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 has not been possible during the financial year, but the congregation aim to continue this once it is 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 (including 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 order to present eternal salvation, available to all men by faith in Jesus Christ. 12Tim4:21. 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..11. The preservation and protection of the family unit is fundamental and children are prized as a blessing from God. IP53lm 127..3-51. The elderly are valued members of the community, for whom both their family 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 fairly and consistent with these principles, we should give our time, talent5 and money to a551St those in need in the wider community, in so far as reasonable given our abilities and our available resources. Imatt 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 sometimes received from other charitable trusts with complementary objectives. Financial Review In the year ended 5 April 2025 the Trust had a surplus of incoming resources over resources expended. This is as a result of the trust receiving two halls from an affiliated trust for nil consideration. Total voluntary income received this year was £813,289 compared to £31,420 in the previou5 year. All funds held were unrestricted funds. Reserves Policy The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs, based on its size 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 significant reserves. The congregation 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 continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. by raising a funds appeal to the congregation. Free Reserves at the year end were £Nill 2024 £Nill Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 6 of 19
Report of thÈ TrustÈÉs Statement of Trustees Responsibilities The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed require the Trustee5 to 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, 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 consistently., observe the methods and principles in the Charity SORP IFRS 1021- make judgements 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 statements., 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 with 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 IAccounts 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 prevention and detection of fraud and other irregularities. All transactions have been reviewed and approved by two trustees. On Behalf of the board: Mr D Fishwick (Trusteel Date Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 7 of 19
Report of the Independent Examiner The Blackgate Trust For the year ended 5 April 2025 I report to the twstees on my examination of the accounts of the The Biackgate Trust forthe year ended 5 April 2025. Respective responsibilities of Trnstees and Examiner The charity's trustees are responsible forthe preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of theTrust's accounts carried out under section 145 of the 2011 Act and in carrying out my examinatlon I have followed all the applicable DIrertn5 given bythe Charity Commission under5ection 14515llbl oftheAct Basls of Independent Examiner's Report My examlnatlon wa5 Carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items ordisclosures in the accounts, and seeking of explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a'true and fair view, and the report is limited to those matters set out in the statements below. Independent Examiner's Statement I have completed my examlnation. I confimi that no material matters have cometo my attention in connectlon with the examination giving me cause to believethat in any material respect. Accounting records were not kept In respect olthe Trust as required bysecbon 130 of the . or The accounts do not accord with those records; or The accounts do not comply with the applicable requirements concemingthe form and content of accounts Set out in the Charities IAccounts and Reports) Regulations 2¢)08 other than any requirement that the accounts give a'true and fair view, which is not a matter considered as part of an independent examination. I have no concems and have come acr055 no other matters In connertbon with the examlnation to which attention should be drawn in this report in orderto enable a proper understandingof the accounts to be reached. Sandra Martln FCCA 3 Dells Lane Biggleswade Beds SG188LP 4 September 2025 Trustses Report& UnauditedFIna1statÈfflents The BiacWÈTrust 4Sept2025 Page8of 19
Statement of Financial Activities The Blackgate Trust For the year ended 5 April 2025 UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 Income and endowments: Donations and Lè acies: Grant5 Received (note 51 Congregation Support Donated Services (note 41 800,000 800,000 13,286 13,286 31,420 Investmènts Interest Received Total Income and end¢*wments'. 813,289 813,289 31,420 Expenditure: Running Meeting Rooms (note 91 Total Expenditure: 25,719 25,719 25,719 25,719 26,282 26,282 Net Income/{Expenditure) 787,S70 787,570 5,138 Net Movement In Funds 787,570 787,570 5,138 UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 Reconciliation of funds Inote 11) Total Funds bought forward Net movement in funds 590,546 590,546 585,408 787,570 787,570 5,138 Total Funds carried forward 1,378,116 1,378,116 590,546 The notes on page 11- 19 form part of these financial statements. Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 9 of 19
Balance Sheet The Blackgate Trust As at 5 April 2025 UNRESTRICTED FUNDS RESTRICTED FUNDS 2025 2024 Fixed Assets Tangible assets (note 61 Total Fixed Assets 1,379,393 1,379,393 591,103 1,379,393 1,379,393 591,103 Current assets Prèpayments and accrued incomè Cash at bank and in hand 1,290 1,290 442 103 103 loo Total Current assets 1,393 1,393 542 Creditors: amounts falling due within one year Other creditors 2,670 2,670 1,098 Total Credltors: amounts falllng due wlthln onè yèar 2,670 2,670 1,098 Net current assetsllliabilitiesl 11,2771 11,2771 15561 Total assets less current liabilities 1,378,116 1,378,116 S90,546 Net Assets 1,378,116 1,378,116 590,546 Funds (note 10) Unrestricted funds 1,378,116 1,378,116 590,546 Total Fund5 1,378.116 1,378.116 590,546 The unaudited financial statements were approved and authorised for issue by the Trustees of The Blackgate Trust on .and were signed on its behalf by.. Mr D Fishwick (Trustee) The notes on pages 11- 19 form part of these financial statements. Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 10 of 19
Notes forming part of the Financial Statements The Blackgate Trust For the year ended 5 April 2025 I. ACCOUNTING POLICIES 1.1 Basis of financial statements The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014, and incorporating update bulletins l and 2, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and UK Generally Accepted Accounting Practice. The functional currency of the charity is sterling 1£). The Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notelsl. 1.2 Income Donations are recognised in the year in which there is entitlement and probability of receipt and the amount can be measured with reasonable certainty. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future year. Gift aid is added to the value of the donation to which it relates. Donated services are recogni5ed as income and expenditure in the financial statements when organisation5 or individua15 offer their services and support pro bono. The value of these donated services to The Blackgate Trust is considered to be equal to market value which would be paid were the service formally procured. This includes services paid for by other trusts. Investment income is accounted for on a receivable basis. 1.3 Expenditure Expenditure is included on an accruals basis. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Charitable activities comprise those costs directly attributable to the fulfilment of the charitable objects. 1.4 Governance and support costs Support cost5 have been allocated between governance costs and other support cost5. Governance costs comprise all costs involving the public accountability of the charity and costs related to statutory requirements. Governance and support costs are allocated to charitable activities on the basis of capacity used. 1.5 Tangible fixed assets and depreciation Tangible fixed asset5 Ic05ting more than £IOOI are stated at C05t le55 depreciation. Freehold land is not depreciated. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows: Freehold buildings 2 % straight line Property improvements 2% straight line Fixtures and Fittings 25% reducing balance Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 11 of 19
Notes formingpart ofthè Financial StatÈments 1.6 Taxation The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitable activities, provided income falls within the charitable exemptions and is spent on charitable purposes. 1.7 Funds The general unrestricted fund 15 free for the Trustee5 to use for any purpose5 in furtherance of the trust'5 charitable objects. Restricted funds arise from donations to the trust, which are made for a specific purpose. Restricted funds can only be used for the purpose for which fLJnds were given. 1.8 Preparation of consolidated financial statements The Charity does not have a trading subsidiary. 1.9 Going Concern The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. 1.10 Significant estimates and judgements The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period. The trustees do not consider that the Covid-19 pandemic will have any effect on the ability of the trust to continue a5 a going concern. 2. TRUSTEES, REMUNERATION AND EXPENSES No Trustee5 received any remuneration or other benefits from an employment with the charity and no Trustees were reimbursed for expenses12024'. none) 3. WAGES AND SALARIES There are no employees12024'. none) 4. Donated Services 2025 2024 Donated Seniices Received From: Donated SeiCe5 from Egerton Gospel Hall Trust Total Received- 13,286 13,286 31,420 31,420 Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 12 of 19
Notes formingpart ofthè Financial StatÈments 5. Grants 2025 2024 Grants: Grants Received from: Grants Received from Whittam GHT 800,000 800,000 Totsl Grants Received: 6. Tangible Fixed Assets Freehold Land & Buildings Property Improvements Fixtures & Fittings Totals At 5 April 2024 224,980 H8,838 5,390 679,208 Additions 800,000 800,000 Disposals At 5 April 2025 1,224,980 448,838 5,390 1,479,208 At 5 April 2024 83,98 4,708 88,106 Current Year Depreciation 3,252 8,938 171 11,709 Eliminated on disposals At 5 April 2025 3,252 92,335 4,879 99,815 At 5 April 2025 1,221,728 356,503 512 1,379,393 At 5 April 2024 224.980 365,440 682 591,103 Land registry titles of the above property held are LAN54214, LA713368, LAN142389, LAN34055, and LA738554. 7. TRANSACTIONS WITH RELATED PARTIES During the financial year, no transactions occurred with related parties of the directors. 8. VOLUNTEERS The Blackgate Trust relies entirely on volunteers to carry out the management, administration and general maintenance work. The Trust ha5 no paid employee5 or paid Trustees. Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 13 of 19
Resources Expended The Blackgate Trust For the year ended 5 April 2025 9. Resources Expended OTHER CHARITABLE ACTIVITIES MEETING ROOMS TOTALCOSTS 2025 TOTAL COSTS 2024 Direct Costs other Ex Accountancy, Audit and Independent Examination Fees Air Conditioning Depreciation Electrical & Lighting Electricity, Gas & Water Gates & Fences ense5 2,670 2,670 1,045 180 180 11,709 11,709 8,963 290 5,849 5,849 5,351 211 211 Health & Safety Insurance 90 1,167 1,167 438 Legal & professional Fees Repairs & Maintenance Washroom Supplies Total Other Expenses 3,378 3,378 319 319 1,178 236 236 2S.719 2S.719 17,355 Total Direct Costs 25,719 25,719 17,355 Accountancy, Audit, and Independent Examination costs include £250 (prior year.. £1801 in respect of auditors remuneration and independent examination fees. Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 14 of 19
Analysis of Net Assets- Current year The Blackgate Trust For the year ended 5 April 2025 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS 10.1 Current Year UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2025 Funds Tangible Fixed Assets CurrentAssets 1,379,393 1,379,393 1,393 12,6701 1,393 12,6701 Current Liabilities Total Funds 1,378,116 1,378,116 Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 15 of 19
Analysis of Net Assets- Prior Year The Blackgate Trust For the year ended 5 April 2025 10.2 Prior Year UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2024 Funds Tangible Fixed Assets CurrentAssets 591,103 591,103 542 542 Current Liabilities 11,0981 590.546 11,0981 590.546 Total Funds Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 16 of 19
Movement in Funds- Current Year The Blackgate Trust For the year ended 5 April 2025 11. Movement in Funds 11.1 Movement in funds- current year UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2025 Movement in Funds Total funds bought forward Incoming resources Resources expended Total funds ¢arried forward 590,546 590,546 813,289 125,7191 813,289 125,7191 1,378,116 1,378,116 Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 17 of 19
Movement in Funds- Prioryear The Blackgate Trust For the year ended 5 April 2025 11. Movement in Funds 11.2 Movement in funds- Prior year UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2024 Movement in Funds Total funds bought forward Incoming resources Resources expended Total funds ¢arried forward 585,408 585,408 31,420 126,2821 31,420 126,2821 590,546 590,546 Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 18 of 19
Comparative Statement of Financial Activities The Blackgate Trust For the year ended 5 April 2025 UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2024 Income and endowments: Donations and Lè acies: Congregation Support Total Income and endowments.. 31,420 31,420 31,420 31,420 enditure: Running Meeting Rooms (note 91 Total Expenditure: 26,282 26,282 26,282 26,282 Net Incomel{Expenditure} 5,138 5,138 Net Movement In Funds 5,138 5,138 UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2024 Reconciliation of funds Inote 11) Total Funds bought forward Net movement in funds 585,408 585,408 5,138 5,138 Total Funds carried fotward 590,546 590,546 Trustees Report&Un3udited Financial Statements The B13ckgateTrust 4 Sept 2025 Page 19 of 19