Trustees’ Annual Report for the period
From 1 January 2023 To 31 December 2023 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. ● Mid-week youth groups (primary and secondary school 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. ● Support for individuals experiencing financial hardship |
| Statement confirming whether the trustees have had regard to the guidance |
Para 1.18 | When planning activities for the year, the Trustees and the ministry team at Trinity at Four have considered the Commission’s |
issued by the Charity guidance on public benefit and, in particular, Commission on public benefit 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 2023, Trinity at Four, the church congregation supported and managed by Henley Gospel Trust, has seen an average increase of 13% in regular attenders (up from 99 in 2022 to 112 in 2023). 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 2023, which worked well in re-gathering people after the busy summer holidays. • Appointment of an associate minister (children/young people) |
Financial Review
| 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 £180,972, payments of £155,663, and positive bank balance of £93,541 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. The Trust achieved this objective in 2023. |
| Amount of reserves held | Para 1.22 | There was £93,541 in the bank account at the year end. The policy requires £80,978, based on our forecast budget for the year. The increase in reserves was primarily down to additional generous giving by donors and the introduction of new way of budgeting based on data-informed forecasts |
|---|---|---|
| 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 up by £71,145 on 2022. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
None | |
| Initiatives for 2024 | Para 1.20 | The focus of 2024 is: • To continue to grow the congregation numbers • Encourage attendees to give regularly to ensure our operating costs are met • Expand awareness of financial assistance available for those experiencing hardship • Maintain 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 | |
| 6 | Duncan Carter | Trustee | Election by majority | |
| 7 | Andrew Kearns | Trustee | From 18 Jan 22 | Election by majority |
Abi Chambers Trustee 8
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 October 2024 | 1 October 2024 |
Henley Gospel Trust 1178370 Receipts and payments accounts For the period 01-Jan-23 31-Dec-23 To from
CC16a
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 155,400 25,572 - - - - - - 180,972 - - - 180,972 16,008 139,655 - - - - - - - 155,663 - - - 155,663 25,309 - - 25,309 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 155,400 25,572 - - - - - - 180,972 - - - 180,972 16,008 139,655 - - - - - - - 155,663 - - - 155,663 25,309 |
Total funds to the nearest £ 155,400 25,572 - - - - - - 180,972 - - - 180,972 16,008 139,655 - - - - - - - 155,663 - - - 155,663 25,309 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Giving | 155,400 | 109,827 | ||||
| Other income | 25,572 | - | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
180,972 | 109,827 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 109,827 | ||||||
| Direct Costs | 16,008 | 12,348 | ||||
| Other Expenses | 139,655 | 147,083 | ||||
| House Deposit | - | 2,525 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 155,663 | 161,956 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 161,956 | ||||||
| 25,309 | - | - | 25,309 |
- 52,129 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 25,309 | - | - | 25,309 | - 52,129 |
CCXX R1 accounts (SS)
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Loan on Minister's House Details Details Minister's House Bank Soldo Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 92,693 - 848 - - - 93,541 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) Henley Gospel ~~Trust~~ - - - - - - - - - Fund to which liability relates Amount due (optional) Henley Gospel ~~Trust~~ - - - - - Print Name David Guillebaud Ruth Chadwick |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
|||
| David Guillebaud | 01/10/2024 | ||
| Ruth Chadwick | 01/10/2024 |
CCXX R2 accounts (SS)
2
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