Trustees’ Annual Report for the period
From 1 January 2022 To 31 December 2022 Charity name: Henley Gospel Trust Charity registration number: 1178370
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The purpose of the CIO is, for the public benefit, the advancement of the Christian faith in such ways as the Trustees shall from time to time decide. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
• Weekly Sunday Worship Services for the community (called Trinity at Four). ● A weekly mid-week group for babies and pre-schoolers and their carers. ● Three weekly mid-week youth groups for the community (primary, secondary school and college age). ● Involvement in assemblies at local primary schools. ● Educational courses for those exploring the Christian faith and to help parents in the community. ● Community events around the principal Christian festivals - Christmas and Easter ● Practical short-term, support for people facing financial hardship ● Financial support for organisations providing practical support centred around the Christian faith in the UK and overseas. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | When planning activities for the year, the Trustees and the ministry team at Trinity at Four have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. |
|---|---|---|
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Over 2022, Trinity at Four, the church congregation supported and managed by Henley Gospel Trust, has seen an average increase of 10% in regular attenders (up from 90 in 2021 to 99 in 2022). This growth has predominantly come from newcomers joining the congregation. Particular achievements and activities of note include: • A successful repeat of well-attended community events over Christmas and Easter • The continued growth of our mid- week small groups and youth activities. • A well-attended church ‘getaway’ day in September 2022, which worked well in re-gathering people after the busy summer holidays. |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Henley Gospel Trust had total receipts of £109,827, payments of £161,956, and positive bank balance of £68,859 at year end. |
|---|---|---|
| Expenditure was largely made up of the running costs of Trinity at Four. |
||
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | As many of our costs are fixed (e.g. salaries), the Trust looks to hold 6 months of operating costs as reserves to manage any reduction in receipts. This is held in the Trust’s bank account. While we had to draw on some of the reserves for 2022, the Trustees are confident they can be replenished over time in 2023/24 to reflect the higher levels of operating costs. |
| Amount of reserves held | Para 1.22 | There was £68,859 in the bank account at the year end. The policy requires £80,978, based on costs of £161,956. The reduction in reserves was primarily down to increased payments as a result of a strategic decision to employ new staff to expand the work of the church. We have plans to increase the level of the reserves to bring them up to the 6 months’ operating costs. |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Receipts were largely made up of regular giving by members of the congregation, including Gift Aid. Giving was down by £1,350 on 2021. The increase in spending was primarily down to employing new staff to expand the services available, particularly for children and young people. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The focus of 2022 is: • To continue to grow the congregation numbers • Encourage attendees to give regularly to ensure our operating costs are met • Increase the money held in reserves We have initiatives planned to achieve this. |
| A description of the principal risks facing the charity |
Para 1.46 | As our income is directly linked to giving by members of the congregation, our primary risk would be: • A reduction in giving by regular attendees, for example, if they saw their personal income drop • A reduction in the number of attendees. |
Structure, Governance and Management
| Type of governing document |
Para 1.25 | Constitution |
|---|---|---|
| How is the charity constituted? |
Para 1.25 | Charitable Incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Elected by a majority of existing Trustees |
Reference and Administrative details
| Charity name | Henley Gospel Trust |
|---|---|
| Other name the charity uses | Trinity at Four |
| Registered charity number | 1178370 |
| Charity’s principal address | 29 Gainsborough Hill, Henley-on-Thames, RG9 1ST |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|
|---|---|---|---|---|
| 1 | David Guillebaud | Chair | Election by majority | |
| 2 | Ruth Chadwick | Trustee | Election by majority | |
| 3 | Simon Wright | Treasurer | Election by majority | |
| 4 | Adrian Bignell | Trustee | Until 14 Jul 22 | Election by majority |
| 5 | William Stileman | Trustee | Until 18 Jan 22 | Election by majority |
| 6 | Duncan Carter | Trustee | Election by majority | |
| 7 | Andrew Kearns | Trustee | From 18 Jan 22 | Election by majority |
Declarations
The Trustees declare that they have approved the Trustees report above.
Signed on behalf of the charity’s Trustees.
| Signature(s) | ||
|---|---|---|
| Full name(s) | David George Guillebaud | Ruth Mary Chadwick |
| Position | Chair of the Trustees | Trustee |
| Date | 1 March 2024 | 1 March 2024 |
Henley Gospel Trust
1178370
Receipts and payments accounts
CC16a
For the period 1st January 2022 31st December To from
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ - 109,827 - - - - - 109,827 - - - 109,827 - 12,348 147,083 - 2,525 - - - - 161,956 - - - 161,956 - 52,129 - 120,988 68,859 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - 109,827 - - - - - - 109,827 - - - 109,827 - 12,348 147,083 - 2,525 - - - - 161,956 - - - 161,956 - 52,129 |
Last year to the nearest £ |
|
| - | - | |||||
| Giving | 109,827 | 104,130 | ||||
| 7,047 | ||||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
109,827 | 111,177 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 111,177 | ||||||
| - | - | |||||
| Direct Costs | 12,348 | 13,512 | ||||
| Other Expenses | 147,083 | 93,034 | ||||
| - | - | |||||
| House Deposit | 2,525 | - | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 161,956 | 106,546 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| Investment in Minister's House | - | - | ||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 106,546 | ||||||
| - 52,129 | - | - | - 52,129 | 4,631 | ||
| - | - | - | - | - | ||
| 120,988 | - | - | 120,988 | 116,257 | ||
| 68,859 | - | - | 68,859 | 120,888 |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds CCXX R1 accounts (SS) |
Bank Soldo Details 1 |
Unrestricted funds to nearest £ 67,007 1,852 |
Restricted funds to nearest £ - - |
Endowment funds to nearest £ |
|---|---|---|---|---|
| Bank | 67,007 | - | - | |
| Soldo 1 |
1,852 | - | - |
| 0 | |||||||
|---|---|---|---|---|---|---|---|
| - | - | - | |||||
| Total cash funds | 68,859 | - | - | ||||
| (agree balances with receipts and payments | |||||||
| account(s)) | OK | OK | OK | ||||
| Unrestricted | Restricted | Endowment | |||||
| funds | funds | funds | |||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||
| B2 Other monetary assets | Gift Aid to be Reclaimed | 36,539 | - | - | |||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||
| B3 Investment assets | - | - | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||
| B4 Assets retained for the | Minister's House | Henley Gospel | - | - | |||
| charity’s own use | ~~Trust~~ | - | - | ||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Fund to which | Amount due | When due | |||||
| Details | liability relates | (optional) | (optional) | ||||
| B5 Liabilities | Loan on Minister's House | Henley Gospel | - | ||||
| ~~Trust~~ | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | Date of approval |
||||
| David Guillebaud | 01-Mar-24 | ||||||
| Ruth Chadwick | 01-Mar-24 |
CCXX R2 accounts (SS)
2
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Rep9rt to the trusteesl members of EThJ gosfj£L fA On accounts for the y8ar ended Charity no (if any) Set out on pages I report to the trustees on my examination of the accounts of the above charity {°the Trusf) for the year ended31 | ia If Responsibilities and As the charity trustees of the Trus( you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act.) I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directsons given by the Charity Commission under ctIon 14515)(b) of the Act. I have Completed my examinat'on. l Confim that no material matters have come to my attention ') in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts-do not accord with the accounting records Independent examinerfs statement I have no concems and have come across no other rnatters in connection with the examination to which attention should be drawn in order to enable a proper Ltnderstanding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. Signed: Date: Name: Relevant professional qualification{s) or body <if any): (hCM4) Address: IER (ktober 2018
Seétion,B. Disc105ure Only complete if the examiner needs to highlttt matters of concern (see CC32, Independent examination of charity accounts.. directions guidance for examiners). Glve here brief details of any items that the exarnlner,wishes to disclose. wl& IER October 2018