Green Hill Trust Charity No 1184437
Financial Statements For the period ended 5 April 2021
Green Hill Trust (Charity No 1184437) Charity information For the period ended 5 April 2021
Trustees
Andrew Brown (Chairman) David Green (Treasurer) Peter Hamilton Daniel Reilly (Secretary) Gareth Williams
Independent Examiner
Philip Mullis FCCA MAAT 225 West Wycombe Road High Wycombe Bucks HP12 3AS
Bank
Coutts & Co 440 Strand London WC2R 0QS
Principal address
155 White Hill Chesham Bucks HP5 1AZ
Green Hill Trust (Charity No 1184437) Trustees report For the period ended 5 April 2021
Trusts objects
The CIO was registered on 16 July 2019 and was converted from an unincorporated trust under the same name which was originally formed by Declaration of Trust on 26 January 1981.
The principal objectives are the charitable donations for the propagation of the Gospel, relief of poverty, education and other charitable donations for the benefit of the community.
Activities and public benefit
The Trustees primarily made donations for the propagation of the Gospel which is a public benefit.
Review of main achievements in the period
Received donations which can be used towards repaying the loans obtained to purchase the freehold of Hope Church Chesham and for supporting the ministry at Hope Church.
Financial review
There were bank receipts totalling £70,753 (2020: £61,526) which were mainly from donations and gift aid. This money was used to build cash reserves, increase the investment in the accommodation for the pastor and make donations. As a result the net receipts in the year were £39,461 (2020: £10,524).
Reserves
At the year end the charity held cash reserves of £49,985 (2020: £10,524) which is considered sufficient due to the minimal outgoings expected in the coming year.
Assessment of risks
The Trustees have examined the major risks that the charity faces and confirm that systems have been established so that the necessary steps can be taken to lessen these risks.
Signed on behalf of the Trustees
Andrew Brown
Date: 13 April 2021
Independent Examiner’s Report to the Trustees of Green Hill Trust (Charity No 1184437)
I report to the trustees on my examination of the accounts of the Green Hill Trust (the Trust) for the year ended 5 April 2021.
Responsibilities and basis of report
As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").
I report in respect of my examination of the charities accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination with gives me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records.
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 order to enable a proper understanding of the accounts to be reached.
Philip Mullis FCCA MAAT 225 West Wycombe Road High Wycombe Bucks HP12 3AS
Date: 13 April 2021
Green Hill Trust Receipts and Payments Accounts For the period ended 5 April 2021
| Receipts Donations received Gift Aid Loan repayment Investment income Ground rent income Transfer from unincorporated charity Total receipts Payments Donations paid Loan repayment Investment in fixed assets Total payments Net of receipts/(payments) Cash funds at the start of the year Cash funds at the end of the year |
Total Total funds funds 2021 2020 £ £ 58,500 36,000 8,750 10,250 901 2,703 2,028 421 574 488 - 11,664 70,753 61,526 (10,750) (5,000) - (45,000) (20,542) (1,002) (31,292) (51,002) 39,461 10,524 10,524 - 49,985 10,524 |
|---|---|
Green Hill Trust Statement of assets and Liabilities As at 5 April 2021
| Fixed Assets Debtors Cash in bank Creditors: loans Net assets |
2021 £ 359,957 - 49,985 (170,000) 239,942 |
2020 £ 307,119 32,979 10,524 (170,000) |
|---|---|---|
| 180,622 |
Green Hill Trust Notes to the accounts For the period ended 5 April 2021
1 Accounting policies
These accounts have been prepared on an receipts and payments basis. Receipts are brought into account when cash is received. Likewise, payments, including grants, are accounted for at the time payment is made inclusive of VAT, which is not recoverable. The basis of preparation is permitted to charities with an income of less than £250,000 and which are not companies, under Section 133 of the Charities Act 2011.
The income and expenditure relates to unrestricted funds in the current period. The charity is a registered charity within the definitions of section 506(1) Income and Corporation Taxes Act 1988 and is therefore able to take advantage of the exemptions given by section 505 of the Act.
2 Trustees
The trustees received no remuneration or other benefits either directly or through related parties.
3 Secured debts and guarantees
There are no guarantees given by the charity in the period.
There are no liabilities outstanding at the peiod end which are secured over the charity's assets.