Charlty Reglstration No: 1198631
SARUM HILL GOSPEL HALL TRUST
ort of the Trustees and
Audited Financial Statements
th
For the Year Ended 5 A
ril 2023

SARUM HILLGOSPEL HALL TRUST
REPORT OF THETRUSTEES AND AUDITED FINANCIAL STATEMENT5
FOR THE YEAR ENDED 5 APRIL 2023
CONTENTS
Pages
Reference and administrative detai15
Report of the Tnjstees
Auditorfs Report
Statement of Financial ActNities
Balance Sheet
io
Stotement of Cash Flows
li
Notes to the Financial Statements
12-15

Page I
SARUM HILL GOSPEL HALL TRUST
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 5-APRIL 2023
CHARITY NAME
Sarum Hill Gospel Hall Trust
REGISTERED CHARITY NUMBER
1198631
TRUSTEES
Mr. Graham Gilbert
Mr. Murray Lind5ell
Mr. Ruben PaTsons
Mr. Stephen Parsons
Mr. Benjamin Roy
Ichairl
TREASURER
Mr. Ruben Parsons
PRINCIPAL ADDRESS
CIO Mr. Ruben Parsons
61 Bearwood Road
Wokingham
Berkshire
RG4145X
ACCOUNTANT
Keith F. Pavey
Broadoak Accountlng Services
6The Oaks
Wembdon Rise
Brid@water
Somerset
TA6 7QL
AUDITOR
Pareto Analysls Ltd
Statutory Auditor
23 Wadham Street
Weston-super-mare
Somerset
BS23 IJZ

SARUM HILL GOSPEL HALL TRUST
REPORT OFTHETRUSTEES FOR THE YEAR ENDED 5 APRIL 2023
Page 2
The Trustees present their Report along with the Financial Statements of the Charity for the Year
Ended 5 April 2023. The Financial Statemenls have been prepared in accordance wlth the accountlng
policies set out on page 12 and comply with the Trust Deed and applicable law.
Structure Governance and Mana
ement
Governin
Document
The Charlty 15 controlled by a Deed of Trust. and constitutes an Unincorporated Charity.
Sarum Hill Gospel Hall Trust is constltuted by a Deed of Trust dated 14, Aprll 1982, subsequent
amendlng Deeds. and most recently by a Deed of Variation dated 15 August 2014. The Trust was
registered wlth the Charity Commission for England and Wales on 14, Aprll 2022 under Charity
Registratlon Number: 1198631.
Recruitment and A
ointment of New Truste
The Trustee5 who have served during the year and since the year end are set out on page l. None of
the Trustees. nor any person connected with them, received any remuneration or expen5e5 from the
Charity in the Year, nor in the preceding financial year.
The Trust has operated five Gospel Ha115 (previous to 29, November 2022.. two Gospel Halls) and
Trustees are chosen from among the regular cong￿gatIon of the halls. New Trustees are nomlnated
by the existlng Trustees or by the congregation and must be appointed by unanimous resolutlon of
the congregation. They are selected according to their skills and experience and are expected to Use
both in furtherlng the objects of the Charity. Checks are made to ensure the Trustees, eligiblllty to
act and Incoming Trustees are made aware of their responsibilities by the existing Trustees, who
ensure that new Trustees read the Trust Deed and relevant Charlty Commlssion guidance.
Wider Nètwork
The Trustees malntain Informal Ilnk5 With Trustees of simllar Charities with a view to poollng
experience considered useful in pursuing the objects of ihe Charity. The Trust also mallltains
particular links with the Reading Gospel Hall Trust, with which it shares members of its congregation,
and has parallel objectives in the Reading area.
Risk Mana
ement
The Trv5tees have identified and revSewed the major risks to which the charity is exposed and confirm
that they have established systems or procedures to manaBe and mitigate those risks.
Ob
e¢tive5 and activities
Ob'ectives and aims
The charitable purpose5 of the Charity are the advancement of the Christian religion for the public
benefit. including by the carrying on of the Service of God in accordance with the Old and New
Testament5 of the Holy Bible as followed by those Christian5 forming part of the world-widefellowshlp
know as the Plymouth Brethren Christian Church Ithe "Brethren") and any other charitable purposes
connected wlth Brethren. The core doctrine of the Brethren and proper practi￿5 in furtherance of
certain aspects of doctrine a￿ summarised in two schedules to the Trust Deed.
Public benefit
The Tru51ees confirm thal they have complied with their duty under section 4 of the Charitie5 Acl
2011 to have due regard io the Charlty Commission's general guidance to charities on publlc beneflt.

SARUM HILL GOSPEL HALL TRUST
Page 3
tH
REPORT OF THETRUSTEES FOR THE YEAR ENDED 5 APRIL 2023
CONTINUED
Main Activities and achievements
The Trust provides five GDSJ)Èl Halls luntil 29 November 2022.. two Halls) where religious meetings
are held by the local Brethren tommunity. Details of the origins, teachings and way of life of the
Brethren can be found on their web51te - www. I
mouthbrethrenchristianchurch.o
schedules to the Trust Deed.
anrl In the
One of the Halls has not been in use, pending likety disposal.
The Trust's rnain achievements this year have been to maintain the Gospel Halls, for the use of the
congregation and visitors and encouraging works by the congregation which benefit the wlder
community. On 29, November 2022. 3 Gospel Halls were trans*erred to thi5 Trust from the Reading
Gospel Hall Trust, which has parallel objectives.
Meetln
Meetings normalty held at the Gospel halls Inclvde the Lord's Supper {Communlonl, Gospel
preachings, Bible readlngs and Bible addresses. There is a structured weekly schedule of meetings
and, depending on the particijlar rneeting, between 35 and 50 people normally attend these
occasions, at each Hall in use.
The meetings are attended by the regular congregation and most are open to other properly disposed
visitors. The notice board outside the Hall welcomes visitors and displays times of Gospel preachings.
along with a telephone number for those seeking further information or help. Gospel tracts. which
are dlstributed by street preachers. also display thi5 information.
With the easing of the previous Coronavirus restrictions, the vse of the Gospel Halls was largely
resumed, subject to ongoing care a5 to the necessary safety considerations.
readin the Gos
el messa
e and the life of a Chrlstian
The Gospel Hall is a base from which the regular congregation and others who attend the meeting5
are encouraged to spread the Christian Gospel, in word and deed.
Member5 of the congregation particlpate in a programme of street preaching and Gospel tracts are
provided free of charge by the Charity to such preachers and to be handed out to interested members
of the public. Svch preachin8s previous￿ took place weekly, and had been curtalled due to the
pandemic, but conditions permitted resumption during the year.
In addition. members of the congregation have provided food packs which are made available to
homeless and needy person5, through a local charity. Congregation members have also asslsted a
separate charity, the Rapid Relief Team which included 5UPPOrt to the Ukrainei providing meals and
food boxes to local schoo15. food banks and howneless charities.- givlng support at numerous events in
the area,. and Supplying 15 Early Bird Learning kits and R.R.T. Breakfast Bars. A full Public Benefit
Report Is attached and activilie5 are jointly with Reading Gospel Hall Trust.
In carrylng out this work, the congregation considers itself to be living out Its faith in practice, as
particularly exemplified in the following extract from the schedule to the Trust Deed on living a
Christian Life.'_
We seek and are encouraged to live exe7nplary lives In all our relationships with others in the
wider community (including former Brethrenl. in accordance with the teachings of Ho
Scripture11 Tim 2..21

SARUM HILL GOSPEL HALL TRu&r
Page 4
TH
REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 5 APRIL2023
CONTINUED
readin the G05
el messa
e and the life of a Christian
Continued
We regularly go out from our homes to preach on the streets, to distribute Christian literature
and engage with the wider Cornmunity lincluding former Brethren) in order to present eternal
5alvatlon, available to all men by faith in Jesus Christ.12 Tim 4.'21.
We seek as members of the public to lead Christian lives a5 husband5 and wives, parents,
children, employers, employees and neighbours. (Col 3.22-25, Col 4'.11.
The preservation and protectlon of the family unlt is fundamental and children are prized a5
a ble55ing from God. (Psalm 127..3-51. The elderly are valued members of the communlty, for
whom both their family and the wider community are expetted to care.
Holy Scripture commands us to be good neighbour5 to others, and deal with all other people
lincludlng former Brethrenl openly. honestly and fair￿ and consistent with these principles,
we should give our tlme. talents and money to assist those in need in the wlder community,
In so far as reasonable given our abilities and our available resources. Imatt 7.12. Matt 22'.39,
Eph 4.281.
Volunteers
Sarum Hill Gospel Hall Trust relles on volunteers to carry out the management, adminislratlon and,
where approprlate, general malntenance work. The Trust has no paid staff or paid Trustees.
Fundin
Funding 15 SOUEht through gift5 and donations from the congregation. Grants are sometime5 received
from other charitable trusts with complementary objertives. Gift aid is also claimed on relevant gifts.
Financlal review
As slated on Page 3, Three Gospel Halls were transferred in the year to this Trust from Reading Gospel
Hall Trust at a value including Fitlings and Equipment of £1.496,659 which sum is treated as a Special
Donatlon to ihis Trust. In consequence in 202212023, the Trust had a Surplus amounting to £1,482,609
of Incomlng Resources against Resources Expended (after Depreciation charged of £24,846). Monies
held on the BankAccovnt at the year end totalled £7,058.
All Funds held were Unrestricted Funds.
Reserves
ollc
The Trustees have considered the level of reserves they wish to retain. appropriate to the charity's
needs. This is based on the charity's size and the level of financial commitments. The Trustees have
programme of raising further funds by way of donations and tollections, and if necessary loans, In
order to fund intended projects, including future pla￿ a5 refer￿d to below. The congregation 15 kept
regularly informed of needs accordingly.
Free reseNes at the year end were £4,210.
Plans for Future Periods
The Trust plans to continue all current activitles. and expand public benefit actlvilles as condltlons
permlt.
It is envisaged that the Hall at 20 Pitts Lane, Woodley. wlll be disposed of in due course, although there
may be use meanwhile. Planning permisslons have been obtained which should enhance its realisable
value to £500.000 approximately. It is abo intended that a further Gospel Hall currently owned and
operated by the Reading Gospel Hall Trust. which has parallel objective5 in the Reading area, will in
due course be transferred to this Trust, with finance available from the former.
The Trust is committed to acquiring further Property for the provision of Gospel Halls including an
acquisltlon of a Property for £860.000 initially, with completion within the next 12 months, and also
another Property at a cost of £575,0￿. These costs. with related building or adaptation costs are
intended to be funded by substantial donatlon from Reading Gospel Hall Trust.
Despite the increased cost of energy and other overheads. the Trustee5 feel that such increased costs
are not Sufficiently impacting on the ability of the ¢haTity to continue as a going concern.

Page 5
SARUM HILL GOSPEL HALL TRUST
REPORT OFTHE TRUSTEES FOR THE YEAR ENDED S-APRIL2023
CONTINUED
Statement of Trustees, Res
The Trustees are responsible for preparing the Trustees, Annual Report and the Financial Statements In
ccordance with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally
Accepted Accounting Practicel.
onsibilities
The law applicable to charilies in England and Wales, ￿quiTe$ the trustees to prepare financial
5tatemen15 for each financial year which give a true and fair view of the state of affairs of the Charity
and of the incoming resource5 and application of resources, of the charity for that period. In preparlng
these Financial Statements, the trustees are required to
select suitable accounting policies and then apply them consi5tently.'
obseNe the methods and principles in the Charity SORP-
make judgements and estimates that are reasonable and prudent-
prepare the Financial Statements on the 80ing concem basis unle55 It is Inappropriate to
presume that the Charity will continue in business.
The Trustees are responsible for keeping proper accountlng records that disclose wlth reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financlal
statements comply with the Charities Act 2011. the Charities IAccounts and Reports) Regulations 2008
and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charlty
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
All transactions have been reviewed and approved by two tnJ5tees.
On behaW of the board..

Page 6
INDEPENDENT AUDITOR'S REPORTTOTHE TRUSTEES OF SARUM HILL GOSPEL HALL TRUST
FOR THE YEAR ENDED 5 APRIL 2023
Opinlon
We have audited the financial statements of Sarum Hlll Gospel Hall Trust forthe year ended 5 April 2023
which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows
and notes to the financial statement5, including a summary of significant accountlng policie5. The
financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally AC￿pted Accounting Practicel.
In our opinion the financSal statements..
give a true and faSr view of the state of the charity's affairs as at S April 2023 and of its
incoming resourcès and application of resources, for the year then ended:
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
have been prepared in accordance with the requiremen15 of the Charities Act 2011.
Basis for oplnlon
We conducted our audit in accordance w((h Intemational Standards on Audltlng IUKI IISAS IUKII and
applicable law. Our responsibilities under those standards a￿ further described in the Auditors,
responsibilities for the audit of the financial statements 5ectÉon of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financlal
statements in the UK, including the FRC'S Eihical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained 15 sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statemenls, we have concluded that the trustees, use of the going concern bast5
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to
continue as a going concem for a period of at least twelve months from when the financial 5tatement5
are authorised for issue.
Our responsibSlltles and the re5pon5ibilities of the trustees with respect to going con￿r￿ are described
n the relevant sections of thi5 report.
Other information
The trustees are responsible for the other information. The other information comprises the information
included in the Annual Report, other than the financial Statements and our Report of the Independent
Auditors thereon.
Our opinion on the financial statements does not cover the other information and. except to the extent
otherwise explicitly stated in our report. we do not express any form of assurance conclusion thereon.
In connection with our 3udit of the financial statements, our responsibility is to read the other
Information and, in doing 50, consider whether the other information is materially Inton515tent with the
financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material mlsstatements, we are
required to determine whether thi5 gives rise to a material misstatement in the financial Statements
themselves. If, based on the work we have performed, we Conclude that there 15 a material misstatement
of this other information, we are required to report that fact. We have nothing to report in thi5 regard.

Page 7
INDEPENDENT AUDITOR'S REPORTTO THE TRUSTEES OF SARUM HILL GOSPEL HALL TRUST
TH
FOR THE YEAR ENDED 5 APRIL2023
Matters on which we are required to report by exception
We have nothing to report In respect ofthe followin8 matters where the Charlties IAccounls and Report51
Regulations 2008 requires us to report to you if, in our opinion..
the information given in the Report of the Trustees is inconsistent in any material respert with the
financial statements; or
sufficient accountlng records have not been kept.. or
the financial statements are not in agreement with the accounting records and ret¥Jrns,' or
we have not received all the information and explanations we require for our audit.
Other matters
The financial statements for the year ended 5 April 2022 were not sub]ect to audit.
Responsibilitie5 of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees are responslble for the
preparation of the financial statements which give a true and fair view, and for such internal control as
the trustees determine is nece55ary to enable the preparation of financial statements that are free from
material misstatement. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity'5 ability to
continue as a going concern. disc105in& as applicable, matters related to going concern and uslng the
going concern basis of accounting unless the tru5tee5 eÉther intend to liouidate the charity or to cease
operatlon5, or have no realistic alternative but to do so.
Our responsibilitie5 for the audit of the frnancial statements
We have been appointed as auditors undersection 144 of the Charities Act 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objective5 are to obtain reasonable assurance about whetherthe financlal statements as 3 whole are
free from material misstatement, whether due to fraud or error. and to issue a Report of the Independent
Auditors that includes our opinion. Reasonable assurnnce is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material
misstatement when it exists. Misstatement5 can arise from fraud or error and are considered material If,
individually or in the aggregate, they could reasonably be expected to influence the economic decisions
of users taken on the basis of these financial statements.
The extent to which our procedure5 are Capable of detecting irregularitles, Including fraud 15 detailed
below:
We assessed the susceptibility of the charIt￿S financial statements to material mi55tatement and how
fraud might octur, including through discussions with the trustees, discussions within our audlt team
plannine meeting, updating our record of internal controls and ensuring these controls operated as
intended. We evaluated possible inceutives and opportunities for fraudulent manipulation of the
financial statements. We identified laws and regulations that ale of 51Enificance in the context of the
charity by discu55ions with trustees arhd updatinB our under5tandin8 of the sector in which the charitv
operates.
Laws and regulations of direct signiflcance in the context of the charity include the Charities Act 2011,
the Charitles IAccounts and Reports) Regulation5 2(X)8 and guidance issued by the Charity Commisslon
for England and Wales.

INDEPENDENT AUDITOR'S REPORTTOTHETRUSTEES OF SARUM HILLG05PEL HALL TRUST
FOR THE YEAR ENDED 5-APRIL 2023
Page 8
Our approach was as follows:
We considered the extent of Complian￿ wrth these laws and regulations as part of our audlt
procedures on the related financial statement Item5 including a review of financial statement
dlsclosures. We revrewed the charitvs records of breaches of law5 and regulations, minutes of
meeting5 and correspondence with relevant authoritie5 to identify polential material misstatements
arising. We discussed the charily's policies and procedures for compliance with laws and regulation5
with members of management responsible for compliance.
We enqvired of management whether they were aware of any instances of non-complian￿ with laws
and regulations or knowledge of any actual. suspected or alleged fraud. We addressed the risk of
fraud through management override of controls by testing the appropriatene55 of journal entries 2nd
identifying any Significant transactions that were unusual or outside the normal course of busSness.
We assessed whether judgements made in making accounting estimates gave rise to a possible
Indication of management bias. At the completion stage of the audit, the engagement partnerfs
review included ensuring that the team had approached their work with appropriate professional
scepticism and thu5 the capacity to identify non-compliance with laws and regulations and fraud.
There are inherent limitations in the audit procedures described above and the further removed nDn-
compliance with laws and regulatioris is from the events and transactions reflected in the fir>ancial
statement5, the less likely we would become aware of it. A150, the risk of not detectinE a material
misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud
may involve deliberate concealment by, for example. forgery or intentional misrepresentatlon5 or
through collusion.
A further description of our responsibilities for the avdil ol the financial statements is located on the
Financial Reporting Council's website al véww.frc.org.uklaudiloisresponsibililies. This description forms
part of our Report of the Independenl Auditors.
Use of our report
This report is made solely lo the charily's Iruslees, as a body. in accordance with Part 4 of the Charities
IAccounls and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate
lo the charily'g Iruslees those mallers we are required lo slate to them in an auditors. report and for no
ol
yon
urpose. To the fullest exlenl permitted by law. we do not accept or assume responsibility to
orth
other than the charity and the charity's trustees as a ￿dy, for our audit work. for this report, or
opinions we have
Pa
liam John
Senior
latulory Auditor
Pareto Analysis Ltd
Slalulory Auditor
Parkview
23 Wadham Street
Weslon-super-mare
Somgrsel
BS23 1JZ

Page 9
SARUM HILL GOSPEL HALL TRUST
STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 5 APRSL2023
Notes
05.04.23
05.04.22
Unrestricted Unrestricted
funds
lunds
Income from
Donated Services from Readlng Gospel Hall Trust
Special Grant to acquire Propertie5
Other Services
1,496,659
32,564
5,674
Total Ineome
1,529,223
5,674
Charltable Expenditure on
Meeting Hall Runrting Costs
Repairs and Maintenance- General
Grounds Maintenance
Light, Heat and Power
Water and Sewerage
Insurance
Bank Charges
ProfessSonal Costs
Sundry
Depreciation- Freehold Property
Depreciation- Furniture and Equipment
Governance Costs
Accountancy
Audit
9,063
2,381
1,563
201
1,088
84
4,073
40
22,833
2,013
1,310
1,752
23
162
642
84
30
1.595
1,680
690
Total expenditure
46.614
4,693
Net Income
1,482,609
981
Net Movement in Funds
Reconciliation of Funds
Total Funds Brought Forward
1,482,609
981
652,397
651,416
Total Funds Carried Forward
2,135.006
652,397
All Income and expenditure derive from continuing activities
The Notes on pages 12 to 15 form part of these Financial Statements.

SARUM HILL GOSPEL HALL TRUST
BALANCE SHEFfAS AT 5 APRIL2023
Page 10
Asat
Asat
05.04.2023 05.04.20Z2
Notes
Tangible Fixed Assets
Freehold Land and Buildings
Fitting5, Furniture and Equipment
2,102,167
28,629
650,000
91
Total Fixed Asset5
2,130,796
650,091
Current Assets
Prepayments
Bank Account
1.129
7,058
493
2,943
8,187
3,436
Les5,' Current Liabilitles- Due Within l Year
Creditor5
Accruals
12861
13,6911
11,1301
13,9771
11,1301
Net Current Asset5
4.210
2,306
Net Assets
2,135.006
652,397
Represented by-_
Fund5- Unrestricted Fund5
General Reserves
Opening Balance
477,397
476,416
Net Surplus for the Year
1.482,609
981
Closin8 Balance
1,960,006
477,397
Revaluation Reserve
175,000
175,000
Total Funds
2,135,006
652,397
The audited Flnancial Statement5 were approved and authorised for issue by the Trustees of Sarum Hlll
Gospel H311 Trust on the undermentioned date, and were signed on their behalf by:_
Trustee
Date
The Note5 on pages 12 to 15 form part of these Financial Statements.

Page 11
SARUM HILL GOSPEL HALL TRUST
STATEMENT OF CASH FLOWS FOR THE YEAR ENDEO 5 APRIL 2023
TH
Year Ended Year Ended
05.04.2023 05.04.2022
Notes
Cash Flows from Operating Activities
Net Incoming Resources for the Year
1,482,609
981
AdjUSt￿ent for.-
Depreciation
24.846
30
Changes in:_
Prepayment5
Creditor5 and Accruals
16361
2,847
Iiiii
19831
Net Cash Inflows Ioutflowl from Operating Activities
1,509,666
1831
Cash Flows from Irbvesting Activities
Purchase of Tanglble Fixed Assets
11,505,551)
Net Increase In Cash and Cash Equivalents
4,115
1831
Cash and Cash Equivalents at Beglnnihg of Year
2,943
3,026
Cash and Cash Equivalents at End of Year
7.058
2,943
The Notes on pa8es 12 to 15 form part of these Financlal Statements.

Page 12
THE SARUM HILLG05PEL HALL TRUST
NOTE5 TOTHE FINANCIALSTATEMENTS FOR THEYEAR ENDED 5-APRIL 2023
ACCOUNTING POLICIES
1.1 Basis of preparation of Financi31 Statements
The financial statements have been prepared in accordante with Accountlng and Reporting by Charltles:
Second edition 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 IFRS 1021
issued Sn October 2019, the Financial Reportin8 Standard applicable In the United Kingdom and Republlc of
Ireland (FR5 1021, and UK Generally Accepted Accounting Practice.
1.2 Incomtng Resources
Donations are recognised In the Year in which there is entitlement and probabillty of receipt and the amount
can be measured with reasonable certainty. Income is only deferred when Ihe Charity has tofulfil conditions
before becomin8 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 the value of the donations to which it relates.
Donated 5eFvices are recognised as income and expenditure in the financial statement5 when organisations
or individuals offer thelr services and support pro bono. The value of these donated services to Sarum Hill
Gospel Hall Trust is considered to be equal to market value which would be paid were the Services formally
procured. Investment Income 15 accounted for on a ￿CeIVable basis.
1.3 Resources Expended
Expenditure is included on an accruals basis. Liabilities are recognised as soon as therè is a legal or
constructive obligation committing the charity to pay out resources.
Charitable acttvities comprise those costs directly atlributable to the fulfilment of the charitable objects.
1.4 Governance and Support tosts
These costs comprise all costs involvin8 the public accountability of the Charity and costs related to
statutory requirernents.
1.5 Tangible Fixed Assets and Depreciation
Freehold Property
Freehold Properties owned prior to this year were statèd at Valuation5 as at 5 April 2020, determined
by the Trustees. From this year all Freehold PropertÈes are depreciated at 3% per annum on the stralEht
line basis, calculated monthly Whe￿ Propertie5 were acquired during the year, and on values excludlng
Land.
Furniture, Fittings and Equipment
These are stated in the Balance Sheet at Cost less dep￿Ciation. Depreciation 15 Charged at 25% per annum
on the reducing balance basi5, fdlculated monthly where assets were acquired durlng the year.
1.6 Taxation
The Trust Is a registered charity and is not liable to United Kingdom taxation on charitable activities,
provided Income falls within the charitable exemptions and is spent on charitable purposes.
1.7 Funds
All Funds are General Unrestricted Funds and are free for the Trustees to Use for any purpose In
furtherance of the Trust's charitable objects.
1.8 Going Concern
The Trustees consider that there are no material uncertainties about the charity's ability to continue as
going concern. The Trustees do not consider that there are any sources of estimation uncertainty at the
reporting date that have a significant risk of causin8 a material adjustment to the carrying amounts of
assets and liabilities within the next reporting period.

Page 13
SARUM HILLG05PEL HALL TRUST
NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023
TH
CONTINUED
TANGIBLE FIXED ASSETS (Per note 1.51
lal These Comprise:_
Freehold Fittings.
Land and Furniture &
Buildings Equipment
Total
COST OR VALUATION
As at 06.04.2022
Additions in Year
650.000
1,475,000
4,959
30,551
654,959
1,505,551
As at 05.04.2023
2,125,000
35.510
2,160,510
DEPRECIATION
As at 06.04.2022
Charge for Year
4,868
2,013
4,868
24,846
22.833
As at 05.04.2023
22,833
6,881
29,714
NET BOOK VALUE
As at 05.04.2023
2.102,167
28,629
2,130,796
As at 05.04.2022
650,000
91
650,091
FREEHOLD LAND AND BUILDING5 COMPRISE
Ibl Land Registry IL.R.l Title Nos. are as below
Valuation Additions
to
In Year Depreciation
06.04.2022 At Cost
In Year
Net Book
Value
05.04.2023
Net Book Value
Meeting H3115 at:
9 Hollow Lane, Shinfield, Reading
L.R. Title No.. BK390526
250,0(10
15,0001
245,000
20 Pills Lane, Woodleyi Reading
L.R. Title No.. BK397046
400,000
18,0001
392,000
97 Oxford Road, Wokingham
L.R. Title No.. BK56270
500,000
13,3331
496,667
Yew Tree, Spencers Wood. Reading
L.R. Title No.. BK473069
475,￿0
13.1671
471,833
Victoria Road, Mortimer
L.R. Title No.. BK43967
500,000
13.3331
496,667
650.000 1.475,000
122,8331
2,102,167

Page 14
SARUM HILL GOSPEL HALL TRUST
NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED S" APRIL 2023
CONTINUED
Icl The orlBlnal costs of the following Halls were:
9 Hollow Lane, Shinfield, Reading
20 Pitts Lane, Woodley. Reading
378,409
334,751
Idl Halls acquired in year
These were transferred on 29, November 2022 from Reading Gospel Hall Trust.
TRUSTEES, REMUNERATION AND EXPENSES
No Trustee received any remuneration for seThices rendered in thls year or in the pre￿dIng year.
Expenses Incurred were reimbursed, if applicable. at cost, with no benefit whatsoever arising to the
recipient.
EMPLOYEES AND VOLUNTEERS
The Trust had No Employees in this Year or the preceding Year. The Trust relies on Volunteers to carry
out Management. Administration and certain Maintenance work.
AUDITOR'S FEES
Year to
05.04.2023
Year to
05.04.2022
Fees payable for the audit of the
Financial Statements
1,680
DONATED SERVICES RECEIVED
Slgnificant expenditure in respective years wa5 funded by Donations from Reading Gospel Hall Trust as
follow5:.
05.04.2023
05.04.2022
Special Grant to acquire Properties
For Meeting Hall Runnings Costs
1.496,659
32,564
5.674
1,529,223
5.674
RESOURCES EXPENDED
These were:_
05.04.2023
05.04.2022
Direct Costs
Meeting Hall Running C05t5
per page 8
Governance Costs
43.339
4,1X>3
3,275
690
46.614
4,693

Page 15
SARUM HILLGOSPEL HALL TRUST
NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 5 APRIL 2023
TH
CONTINUED
MOVEMENT IN FUNDS
05.04.2023
05.04.2022
Unrestricted Funds
Opening Balance
Incoming Resources
Resource5 ExpeThded
652,397
1.529.223
146.6141
651,416
5,674
14,6931
Closing Balance
2,135,006
652.397
All Funds are available for the general purposes of the Trust, and there are no funds restricted to
specific purpose5.
POST BALANCE SHEET EVENTS ANO CAPITAL COMMITMENTS
It is envisaged that in an ensuing period a further Local Hall, currently owned and operated by Reading
Gospel Hall Trust, will be transferred to this Trust. This Trust 15 a150 committed to acquiring further
Property for the provision of Gospel Halls including an acquisition of a Property for £860,000, with
completion within the next 12 months, and also another Property at a cost of £575,000. These cost5,
with related buildin@ or adaptation costs are intended to be funded by substantial donation from
Reading Gospel Hall Trust. It is er)visaged that the Hall at 20 Pitts Lane, Woodley, will be disposed of
in due course, althouEh there is expected to be some use meanwhile.
10. RELATED PARTY TRANSACTIONS
There were no related party transactions identified in thls year or the preceding year.