Charity Registration No: 1170779 Chelmhall Gospel Hall Trust Report of the trustees and Audited financial statements Year ended 5 April 2024
Chelmhall Gospel HallTrust Contents Reference and administrative details Report of thetrustees Independent examiner's report St8tement of financial activities Balance sheet Notes to thefinancial statements 10-16
Chelmhall Gospel Hall Trust Reference and administratlve details For the year ended 5 April 2024 Charity name Chelmhall Gospel Hall Trust Registered charity number 1170779 Trustees Mr. Edward Diffey (Chair) Mr. Luke Mitchell Mr. Miles Liesching Mr. Neville Barry M r. Wyatt Steedma n (Treasurer) Principal address Friarwood, Rectory Road Alderbury, Salisbury WiLtshire SP5 3Ad Accountant Mr. lan Steedman Independent examlner Moore (South) LLP 33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane SaLisbury, Wiltshire SP12TJ Bankers UnityTrust Bank Four BrindLey Place Birmingham B12JB SoLicitors Parker BulLen LLP 45 Castle Street Salisbury WiLtshire. SP13SS (2)
Chelmhall Gospel HaLL Trust Trustees, Report TheTrustees present their report along with the financial statementsof the Charity forthe year ended 5 April 2024. The financial statements have been prepared in accordance with the accounting policies set out on page 10-11 and comply with theTrust Deed and applicable law. Structure• governance and management Governlng document The Charity is an unincorporated trust constituted by a Deed of Trust dated 20 November 1982, most recently amended by Deed of Variation dated 12th August 2014. The Trust was registered with the Charity Commission for England and Wales on 15 December 2016 under Charity Registration Number: 1063215 Recruitment and appointment of new trustees The names of the Trustees who served during theyear and sincethe year end are set out on page 2. None of theTrustees, nor any person connetted with them, received any remuneration or expenses from the Charity in the year ended 5 April 202412023: £nil). The Trust operates six Gospel halls and Trustees are chosen from amongthe regular congregation of the halls. NewTrustees 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 aec and incoming Trustees are made aware of their responsibilities by the existing Trustees, who ensure that new Trustees read theTrust Deed and relevant Charity Commission guidance. Wider network TheTrustees maintain informal links with similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity. The Charity also maintains particular links with Salisbury 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 systems or procedures to manage and mitigate those risks. Objectives and artlvltles Objectives and aims The charitable purposes of the Charity are the advancement of the Christian religion forthe public benefit, including by the carrying on of the ser¥ice 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") and any other charitable purposes connetted with Brethren. The core doctrine of the Brethren and proper practices in furtheran of certain aspects of doctrine are summarised in two schedules to the Trust Deed. Details of the origins, teachings and way of life of the Brethren can be found on the webstte www. I mouthbrethrenchristianchurch.or and in the schedules to the Trust Deed.
Chelmhall Gospel Hall Trust Trustees, Report Public benefit TheTrustees confirm that they have complied with their duty under section 4 of the Charitie5 Att 2011 to have due regard to the Charty Commission's general guidance to charities on public benefit. Main activltles and achievements The Trust provides and maintains six Gospel halls where religious meetings are held by the local Brethren community. The Trust's main achievements this year has been completing work5to a new Gospel Hall site at Longhedge for use by the congregation, and purchase of a new site in Coombe Bis5ett withthe view to use as a Gospel Hall in the place of the Lowerstreet Gospel Hall which is now in a less Suitable geographical location for the local congregation. The Trust has also been able to keep the halls open and in good condition for the congregation throughout the year. Plans for Future Periods In the future period, theTrust is planning to open the Coombe Bisset site for use as a Gospel Hall and to sell the site at Lower Streetto repay the loans set against the Coombe Bisset property. The Trust will continueto review the needs of the congregation and ensure halls are provided in suitable condition and IoG3tion for the congregattons needs. Meetings Meetings held at the Gospel halls would normally include the Lord's Supper(Communlon), Gospel preachings, Bible readings and Bible addresses. There is a structured weeklyschedule of meetings and, depending on the particular meetin& between 30 and 50 people normally attend these occasions. The meetings are attended bythe regular congregation and mostare open to other properlydisposed visitors. The notice board outside the Hall welcomes visltors and displaysthetimes of Gospel preachings, along with telephone numberforthoseseeking furtherinformation orhelp. Gospel tratts, 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. Spreadlng the Gospel message and the Ilfe 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 participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity to such preachers to be handed out to interested members of the public. In carying out this work, the congregation considers itself to be living out its faith in practi, as particularly exemplified in the following extract from the scheduleto theTrust Deed on living a Christian life: {4)
Ch8lmh8ll Gospel Hall Trust Trustees, Report 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 Scripture (l Tim 2.21. We gUlarlY 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 eternal salvation, availableto all men by faith in Jesus Christ. (2 Tim 4.2). We seek as members of the public to lead Christian lives a5 husbands and wives, parents, children, employers, employees and neighbours. (Col 3.22-25, Col 4.11. The preservation and protettion of thefamily unit is fundamental, and children are prized as a blessing from God. (Psalm 127:3-51.Theelderly are valued members of the communty, for whom both theirfarnily and the wider community are expetted 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 conslstent with these principles, we should give ourtime, talents and money to assist those in need in the wider community, in so faras reasonable given our abilities and our available resourS. (Matt 7.12, Matt 22.39, Eph 4.28). Funding Funding is received from the Salisbury Gospel Hall Trust in the form of grants to finance capital projects, donated seniices for a550ciated expenses. Flnanclal review Flnancial position In the year ended 5 April 2024, the Trust had a surplus of £465,334 of Incoming resources over resource5 expended. Total voluntary income received this yearwas £492,982, compared to £17,827 in the previous year. The signifFcant increase in income was due to grants from the Salisbury Gospel Hall Trust to fund upcoming projects. Funds held were both Restricted and Unrestritted Funds. Restritted funds are represented by assets which were acquired by funds originally restricted in their purpose. Other assets were acquired from unrestricted funds. All funding is received from Salisbury Gospel Hall Trust, and these are of restritted purpose, being used solely for the acquisition and enhancement of gospel halls. The situation as to the negative net current assets will be corrected by the imminent sale of the Lowerstreet hall. Reserves pollcy The Trustees have considered the level of reserves they wlsh to retain, appropriate to the charty's needs, based on its size and the level of its financial commitments. The Trust has no employees, and its regular outgoings are covered by agreement with the Salisbury Gospel Hall Trust. Investment in acquisition and enhancement of gospel halls will only be proceeded with upon the securing of external funding. Accordingly, the Trustees have decided to adopt a policy of maintainin8 no significant reserves. The congregation is kept regularly informed as to particular needs for funds, and other relevant matters, and theTrustees 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 £Nil. 15)
Chelmhall Gospel Hall Trust Trustees Report Statement of Trustees. responslbllltles The trustees are responsible for preparing the Tru5tees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial statements foreach financial yearwhich give a true and fair view of the state of affair5 of the charity and of the incoming resources and application of resources of the charityforthat period. In preparing thesefinancial statements, thetrustees are required to: select 5Ultable accounting policies and then apply them consistently: obserrfe the methods and principles in the Charitie5 SORP (FRS 102): 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 inappropriateto presume that the charty will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enablethem to ensurethat the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible forsafeguarding the asset5 of the charity and hence fortaking reasonable steps forthe prevention and detection of fraud and other irregularities. All transaciions have been reviewed and approved by two trustees. On behaff of the Board: Wyatt Steedman Trustee Date: 26th January 2025 {6)
Independent Examlner's Report to the Trustees of ChelmhallGospeL HallTrust I report to the charitytrustees on my examination of the accounts of the charity forthe year ended 5 April 2024 which are set out on pages 8 to 15. Responsibilities and basls of report As the charity's trustees you 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 the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed allthe applicable Directions given by the Charity Commission under section 14515){b} of the Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am a member of ACCA, which is one of the listed bodies. 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: accounting records were not kept in respect ofthe charity as required by section 130 of the Act; or the accounts do not accord with those records; or the accounts do not complywith the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 otherthan 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in orderto enable a proper understanding of the accounts to be reached. Signed: Robert MacDonald Moore (South) LLP-Chartered Accountants 33 The Clarendon Centre Salisbury Business Park, Diary Meadow Lane Salisbury Wiltshire SP12TJ
ChetmhallGospel HallTrust Statement of Flnanclal Actfvitles Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Notes Income Donated Services 15,819 15,819 17,827 Grantsfrom SalisburyGospelHallTrust 457,163 457,163 - Grants from the Congregation 20,000 20,000 Bank Interest 136 136 Totals 15,955 477,163 493,118 17,827 Expenditure on Charltable Actlvltles Running Meeting Rooms 22,459 4,385 26,824 25,427 Governance 960 960 Totals 23,419 4,365 27,784 25,427 Net IncomelExpendlture -7,464 472,798 465,334 -7,600 Net Movement in Funds -7,464 472,798 465,334 -7,600 Reconclllatlon of Funds Total Funds brought yoard 554,800 554,800 562,400 Tolal Funds carrled forward 547,336 472,798 1,020,134 554.800
Chelmhall Gospel HallTrust Balance Sheet at 5 Aprll2024 2024 2023 Notes Flxed assets Tangible fixed assets 1,236,492 554,800 Current assets Debtors.. Prepayments and accrued income Cash at bank and in hand 10,513 23,109 33.622 Current liabilltles Creditors: amounts falling due within one year: Other creditors - Accruals and deferred income 249,980 249,980 Net current assets 216,358 Total assets less current liabilitles 1,020,134 554,800 Creditors.. amounts falling due after more than one year: Net assets 1,020.134 554,800 Funds Unrestricted income fund Restricted funds 547,336 472,798 554.800 Total funds 1,020,134 554,800 The audited financial statements were approved and authorised for issue by theTrustee of Chelmhall Gospel Hall Trust on 27th January 2025 and signed on their behalf by Wyatt Steedman Trustee
CheLmhall Gospel HallTrust Notes to the financialstatements For the year ended 5 April2024 1. Accounting policies 1.1 Basis of preparation financial statements Thefinancial statements have been prepared in accordance WFth Accounting and Reporting by Charities.. Second ediiion of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021, and UK Generally Accepted Practice. The functional currency of the charty is sterling (£). TheTrust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost ortransaction value unless otherwise stated in the relevant accounting policy note(s). 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 thevalue of the donation to which it relates. Donated services are recognised a5 income and expenditure in the financial statements when organisations or individuals offer theirservices and support pro bono. The value of these donated services to Chelmhall Gospel Hall Trust is considered to be equal to market value which would be paid were the service formally procured. This includes services paid for by othertrusts. Investment income is accounted for on a receivable basis. 1.3 Expenditure Expenditure is included on an accruals ba515. Liabilities are recognised as soon as there is a legal or construttive obligation committing the charity to pay out resources. Charitable attivities comprise those cost5 directly attributable to the fulfilment of the charitable objetts. 1.4 Governance and support costs Support costs have been allocated between governance costs and other support costs. Governance cost5 comprise all costs involvingthe 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. (10)
Chelmhall Gospel Hall Trust Notes to thoflnanclal statements For the year ended 5 April 2024 1.5 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Freehold land is not depreciated. Where the separate values of land and buildings is not known because they were purchased in the same transaction, it is assumed that two thirds of the value is attributed to the buildings. 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: 2% straight line 20% straight line IO% straight line Freehold buildings Temporary buildings Fixturesand Fittings 1.6 Taxation The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitable activities, provided incomefalls within the charitable exemptions and is spent on charitable purposes. 1.7 Funds The general unrestricted fund is free for the Trustees to use for any purposes in furtherance of the trust's charitable objects. Restricted funds arise from donations to the trust. which are made for a specific purpose. Restricted funds can only be used forthe purpose for which funds were given, which are currently for the acquisition of further Gospel halls. 1.8 Going concern The Trustees consider that there are no material uncertainties about the charivs ability to continue as a going concern. The charity is assured of continued funding from its associated charrty, Salisbury Gospel Hall Trust, in respect of future capital investments and ongoing day to day expenses. The current liabilities are short-term loan5 which will be wholly repaid within the twelve-month loan terms from the sale of the hall at Lower Street, Salisbury. 1.9 Significant estimates and judgements The trustees do not considerthat there are any sources of estimation uncertainty at the reporting date that have a signifi'cant risk of causing a material adjustmentto the carrying amounts of assets and liabilities within the next reporting period. 2 Trustees. remuneration and expenses No Trustees received any remuneration or other benefits from an employment with the charity and no Trustees were reimbursed for expen5es12023: None). 3 Wages and salarfes There are no employees {2023: none). (11)
Chelmhall Gospel HallTrust Notes to the flnanclal statements Fortheyearended 5Apr112024 Donated servlces and grants Receivedfrom.. 2024 2023 Salisbury Gospel Hall Trust The Congregation 472,982 20,000 17.827 492,982 17.827 Resources expended Meetlng rooms Other haritsble artivities Other charltable artlvftles Meetlng Rooms 2024 2023 Dirert Costs Repairs and Maintenance 4.738 4.738 1.172 1.172 Insurance 868 868 1,171 1,171 Rates loo loo Light and heat Bank Charges 5,359 5,359 3,956 3,956 115 115 Telephone 1,442 1,442 963 963 Depreciatlon 11,965 11,965 7,600 7,600 Legal and professional costs 1,812 1,812 10,403 10,403 Health and safety 157 157 62 62 Other Disbursements 368 368 Support costs 26,824 26,824 25,427 25,427 Governance 960 960 27,784 27,784 25,427 25,427 Governance costs include £960 {2023: Nil) in respect of independent examinerfs fees.
Chelmhall Gospel HaLITrust Notes to the financlal statements Forthe year ended 5 Aprll2024 6 Tanglble fixed assets Freehold Property & Refurbishment Unrestricted Restrlcted Total Funds Funds Funds Cost Brought forward at 6 April 2023 570,000 570.000 Additions 693,656 693,656 570,000 693,656 1,263,656 Disposals At 5 April 2024 570,000 693,656 1,263,656 Depreciation Brought forward at 6 April 2023 15,200 15,200 Charge for the year 7,600 4,365 11.965 Disposals At 5 April 2024 22,800 4,365 27,165 Net book value at 5 April 2024 547.200 689,291 1.236,491 At 5 April 2023 554,800 554,800 Property Details: Land registrytitles of the above properties all in Sallsbury are: 131 Netherhampton Road. 217957), Lower Road {wr446092), 45 Ashley Road (wr227728), 5 Church Road 305020). Longhedge Cottages Iwr4553111, Pennings Drove. Coombe Bissett (Wt276536) (13)
Chelmhall Gospel HallTrust Notestotheflnancial statements Forthe year ended 5April2024 Analysls of net assets between funds 1. Cuffent ygar Unrestricted Funds Restricted Funds Total Funds Tangible fixed assets 547,200 689,292 1,236,492 Current assets 33,622 33,622 Current liabilities 249,980 249.980 Total funds 547,200 472,934 1,020,134 7.2 Prior year Unrestrlcted Restricted Total Funds funds funds Tangible fixed assets 554,800 554,800 Current assets Current liabilities Total funds 554,800 554,800 (14)
Chelmhall Gospel HallTrust Notes to the flnanclal statements For the year ended 5 Aprll 2024 Movement In funds Realised/ unrealised gains and Balance at 5 losses April 2024 I Current year Balance at 6 Incomlng April 2023 resources Resources expended Restricted funds 477,165 4,365 472,798 Unrestricted funds 554,800 15,955 23,419 547,336 Total funds 554,800 493,120 27,784 1,020,134 2 Prioryeor Realisedl unrealised gains and losses Balance at 6 Incomlng April 2022 resources Resources expended Balance at 5 April 2023 Unrestricted funds 562,400 17,827 25,427 554,800 Total funds 562,400 17,827 25,427 554,800 Restricted funds are represented by fixed assets acquired from charitable donations specified for thls purpose. This ensures that should such assets be disP05ted of in the future, the use to which the proceeds are applied will be restricted to the same purpose. 9 Transactlons with related parties Mr. Miles Liesching la trustee ofthe charrty} made a short-term interestfree loan of£50,000 to thetrust. 10 Volunteers ChelmhallGospel HallTrust relies entirelyon volunteers to carry outthe management, admlnlstration and generalmaintenance work. The Trust has no pald staff orpaid trustees. 115)
Chelmhall Gospel Hall Trust Notestothe flnanclalstatements For the year ended 5 April 2024 Comparative Statement of Flnanclal Actlvltles Unrestrlcted Funds Total Funds 2023 Notes Income from Donations Donated services 17,827 17,827 Total 17,827 17,827 Expenditure on Charitable Activities Running meeting rooms 25,427 25,427 Total 25,427 25,427 Net Income/(expenditure) 7,600 7,600 Net movement in funds (7,600) (7,6001 Reconciliatlon of funds Total funds brought forward 562,400 562,400 Total funds carried forward 554,800 554,800 {16)