Loampit Gospel Hall Trust
REPORT & AccouKrs
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Church Gr0￿h Trust Limited
The Barn
Baines Lane, Seaton, Oakham
RLrtland LE15 9HP

Loamplt Gospel Hall Trust
FOR THE YEAR ENDED 30 SEPTEMBER 2024
LEGAL & ADMINISTRATIVE DETAILS
ADDRESS FOR CORRESPONDENCE
Church Growth Trust Limited
The Barn
Baines Lane. Sealon, Oakham
Rutland LE15 9HP
Declaration of Trust dated 23 Ma￿h 1926 and
Charity Commission Scheme sealed on 12 June
1987.
GOVERNING DOCUMENT
TRUSTEE
Church Growth Trust Ltd
INDEX
Page 1
Legal & Administr8twe Details
Pages 2 Trusts8's Report
Page 3
Receipts and Payments Account
Page 4
Statement of Assets & Liabilllies
Page 5
Notes to the Accounts
Page 1

Loampit Gospel Hall Trust
REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Trustee has pl8asure in Bubmitting the Report and Accounts for the year.
Objects of the charlty
The Trust's object5 are to hold property to pemit the Assembly or such other evangelical
Christians to US8 th& premises for the purpos8 of Christian religious worship. Additional
income to be held for th8 use of the occupying assembly.
Governance
The policy and operating decisions of the charty rest with tha Trustee who meets regularfy at
Church Growth Trust's D1￿ctors, meetings lo monitor the activities of the TnJ81.
Review of Activltlo$
The first and second ftoor flat has been let for the whole year. Any income is held for use of
the Assemblv to repair. maintain and improve the Droperty.
Major repair WQTk to the chimneys and parapet wall was completed during the year, y￿th the
Trust funds contributing to this work. The occupying assembly contributed £10,OCQ in
addition lo £15,000 loan from JW Laing Trust being repaid over 5 years from rent of the flat.
In planning the activities the Trustee has applied the guidance given by the Chanty
Commission on public benefrt.
Trustee's Responslbllttles
Chartty law requir88 the Trustee to prepare financial statements for each accounting year
which record the re￿ipts and payments of the ohaiiiy for the year.
The Trustee is responsible for keeping proper accounting records Ythich disclose with
reasonable accuracy at any time the financial position of the charity and enable li to ensure
that the financial statements Comply y￿h the Charities Act 2011.
The Trustee also has a responsibility to safeguard the assets of the charity and to take
reasonable steps to prevent fraud or any other irregularities.
Approval
This r8POrt was approved by the Trustee on 22 July 2025 and signed on lis behalf by Garyl
Willis as
ornpany Secretary of Church Growth Trust Ltd
Page 2

Loampil Gospel Hall Trust
RECEIPTS AND PAYMENTS AccouKr
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Notes Unrestricted R•strtthd
General
Funds
2024
2023
Restated
Recelpts
Voluntary re￿Ipts
Grants and gifts received
other r8ceipts
Invèstrnent income recewed
Rent received
Buikjing project contribution from Assembly
Loan funds from JW Laing Twst
Total Receipts
121
11.8
14.400
14,400
10,OC(I
15,OCQ
39,4C4J
10,1)00
15.000
10,ODJ
11,721
Payments
Payments in furtherance of the charit￿$ objectives
Direct t￿￿8￿
51,424
10,000
81.424
Grants paid
Totsl Payments
1,263
Net Re¢eiptsllPayment51
before transfers
{22,0241
(22,024)
10,458
Transfe￿ bethen iijnds
Not Movement In Fund8
{22,024)
10.458
Opening balance8 1 October
33,232
33,232
22,774
Clo8lng bal•n¢os 30 S•pt•mber
11,208
11.208
33,232
The notes on pages 5 fomi part of Ihese accounts.
Pago 3

APPENDIX I
Loampit Gospel Hall Trust
STATEMENT OF ASSETS & LIABILITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1. Fixed Assets
Value
2024
The value of the assets owned are..
Freehold Building
Equipment
691,173
891,173
Th8 valuation is based on the rebuilding cost for insurance purposes,
discounted by 451J/o.
Propety insured for £1.535,940
Z Bank & Cash Balances
2024
2023
Held on trust by Church Grovrth Trust
33,232
3. Other Assets & Liabilities
A&%ets
Other monetary assets
Li8bilities
Laing loan
12,500
12,500
The accounts were approved by the twstee and signed on its behalf
by
The notes on page 5 fomi part of these accounts
Page 4

Loamplt Gospel Hall Trust
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1. Accountlng Policie8
The accounts have been prepared on a receipts and payments basis ￿th a statement of assets
and liabilities.
Z Direct costs
General
Funds
Restricted
Funds
Totsl
2024
Total
2023
Property costs
Building project
Light, heat. water & Council Tax
Insurance
Property management
Laing loan capital repayrnent
Laing loan interest repaym8nt
288
57,706
1,263
47,706
10,000
180
2,500
750
51,424
180
2,500
750
61,424
10,000
1,263
3. Grants Pald
Individuals
Instrtulions
4. Employee$
The charity has no amployees.
No arnounts were paid or are payable to the Trustee or to any person conneded to rf(.
Page 5