Charml Rq8lstratlon No.. 11986Jl SARUM HILL GOSPEL HALL TRUST Re ort of the Trnstees an
G05PE HA TR Referen 3nd a¢knlrlstratlNY det315 ReportoftheTrust&S Authrfs Report siitementol Fthandal A¢tkndè5 Balance SIRet io ststwrthtof&sh Flov li Noles to the Fknand31 Statements 12-17
5anMn Hlll 11 HalTrust REGISTERED CHARITY NIMbÈR 1198631 Mr. fjTaham Gwbert Mr. Murray Undsdl Mr. Ruben Par50n5 Mr. Stephet) Parsons Mr. Rwf Mr. Rulxn Parsons CIO MI. RubÈm Parson5. Thè pa$atrIeS. Chwth Lant. Arborfbel Rèadl AG2W Kelth F. Pavty, 6The Oaks, Wembdorb R erfwater, Somerset. TA6 7QL Lyndw Nltholson AC.&. CTA St8tth)ry Audltor. RKr5kJeAccountsncv4 Suite 2. 2 Manran Wty, lancaster 8u5kne55 Pa Caton Ro•* Lartaster. 35U.
Pège 2 SARUM HILLG05PEL HALL YIiUST AR ENDED TII The Trustees preseni thelr Report alow 74Ith the Fifian(ial Stslernents of the tharfty fof ihe Year Ended5 Aprll 20Z5.The Flnanclal Statemthts beem pvepared 5¥dae¥Aththe3u0unng pollcle$ Set our on page 12 and cornthwth theTn&t Deed and aw)Mcable law. The Charty15 controlled tya Deed of TrusL atwj cor6tttittes an UrAncorp)rated tharlty. Sarum Hlll Gospd Hall TTUSt Ls constwuted ty a Deed ol Trust thted 14 Awll 1982, subsequent amendln8 Dpeds. and most recently by a Ced of Variatlon dated IS Au8u5t 2014. The Trust w reglstered th tly Charlty Comrntsskm lor Eryland Wales oh 14 Awll 2022 under Re8lstratb)n Numter.. 1198631. The Trustees who haye served durln6 theyear ar¥1 yearondare set out on p4e l. None of the TTUStees, nor èny person eonnected wlth them. re¢eld any remunerndon or experw fromthe Charfty in Year, nor M the pretedln8 fina1•1 year. TheTrust has operatedlmalntaWslxGospel Hatt5thJlry the year, and has acqulredtwo Propertles to adapt for lurthet Gospel Halls, arhl a further Hall was iransferred 10thl$tfrorn Readlrrffjospel Hall Trust. One Gospel H311 stsrplus to reqknlrements due to Iccatlon was sold November 2024. Trustee5 are chosen from amon8 the rteular corwegation of the halls. PlewTru5tees are nomlnated by the eylstlng Tnlet5 or ty the corye8atlon and must be appolnted by ut)•nlmou5 re501utlon of ¢on8re8atbn. Ire 5elerted 4CCOTdiry to thelr skilLs experlew ènd are experted to use both In hjrtherlng the obje¢ts ol ihe Charlty. Checks are made to ensure the Trustee5' elIlIty to act and Incomin8 Trlee5 are made aware of i1r responsibilities by the exlstlng Trustee5, who ensu that rwTrLtytees read iheTNsl Deed and relnt•ty Comm10 8uldance. The Trustees rnalntaln Inlornial Thnks Tntstees of $lnNlaw Chirftle5 wkh ¥ to poolltva experlente consldered usefvl In pursulnE the obierts of the Charfty- The Tfusl also malnlalns parfcular linkswlth the Readln8 Gospel Hall Tru5L wlth vthkh It Sha members of Its con8re8at60n, and has paraki oblectlws In the Re•dlryareo. TheTrustees have Idefitjw and rOthe maiorrbksto whlththe charlty Is exposed and confi that they e5tabtffjhed systemsorprocedwe5 to manage and mifivte tse rfsks. The tharltable purposes ol the Chaylty are 2d¥ancrnent of the Chrfstian relt8toTr for the publk benefit. IlUdIng by the rarying on ol the se1 of Gc4J •¢¢ord3nce wtth the ènd New Tesiarnents 0ftheHOtyaibas folbwed tythoseChr15tiartsforrr¥n8 Partofthe worf&wldefelhxv5hl) know as the Ptymouth Brethren Chrtstlan Churth Ithe"Brrfhren-l aTvf anyother charitat4e purkxjses fonnected Brethren. The core doctrfne of Brethren and proFer pra¢lices In fvrther3Thce of (ertaln SPEds of dortrfne aresumrnwtsed In tDscldus to the TrLf5t Deed. Th¢ Trustees confinn that they have complied whh thelr duty urxler sectiun 4 of the th¥rItI Aci 2011 to have due re8ardto the CharityCc*))mOsslon'sgerI KUIdan tharlties on benefft.
Pa8e3 UM HILL GOSPEL HALL TRUST tlesand a TheTrust has provlded S Gospel Halk thearthere relwous meedngs are hdd the local 8rÈthren communhy. Oetslls of the ortglns. teathln85 aThJ way of Ille of the Breth¥en can be found on thelrwebsrte- and In sthedules totheTrustDeed. Two1urtrpropÈrtlS knbeen af4ulredlnthe yearata¢tfE1Io.G83 induth¥aMtrafisferred from Reathrrf Gospel HalTN5L and a Gospel Hèll swpiusto requirementswa5 sold. The Trusys maln hleents ts year ha¥e been related to such Gospel Ha115. for the use of the ¢ongrwtloft ¥lsiiors and enco11¥ works Ly the wlth benefft the wlder communlty. Meetln8$ rOrMal held at the ¢W ha115 inch•k the Lortt5 Swr Icommunlonl, Gospel preathlngs. Blble rea¢Mngs and Blble addres. Is a Strudured weekty Schedu of meetlnB3 and, depenth on the partkular rneetkn& between as and 50 VOF4e normalty attend these occas10, atea¢h Ham In use. Themerfings are attended bythe regular¢oryre8atlon and mosi are apen to other k¥operdIspOsed v151tors. The notlce board outskle rhe HaltwekèS vkiioysanddlsplays tlmos of Gospel weathln8& long 1h 2 ttlephonÈ number for those seekln8 lurther IAformathM or help. Gospel tracts. whlfh are dtstrlbutsd fystreet preachers, ab50dlsplaythk kfvmatton. The Gospel H8lL4 are è base from whlch the re8ularwwre8atlon and othevswlw) attd themeethy are eThcour38ed to spread thechrfsllan Gospel. In word and deed. Members oflhe (orwe8aWw p¥tldpate In • womme of street prethry * Gospd tracts are proded free olthar8etythe Chadtytoswh weachusandto behandedoutto knterested mernbErs of the puwic. Su¢h prea¢hiw hwe taken plxe Tekty withseveral wexhlngs durln8 theweek. the year, Charftab donatknns were made to ftoyal Brttbh Le8kni and to 'Clrdle both re81sre ¢harltles a¢tfve In tare$pp0rt In t Readltva •w. In addlllon, members ¢f the ¢¢weOM h•¥ woblded food ¢1 wthkh I Made mllable to homeless and needy PerS, through a kncal CharV. Cowregatlon members have also a551sted SeTrIe charfty. the Rapld Rellel Team and hove Provided meals and food boxes to IoEal 0rg3n1satnS. and ooIn8 SUPPOrt at numerous evenis in the area. A fvll Putlic Benefft Report 15 atl4theil and xtpiffS areFknttywbth ReOdiryGoS HollTntsL In canwn8 tsut thls work. thE cowre8atK)n considvT5 it5eW to be out bts falth in pndice. as partlculath exempllfied Ir¥ the follon& extract from the schedule to the TnJ5t Deed on IMn8 a Chlstlan Llfe'.- We seek and aTeerKoura8ed to lfve exemplary1trrt5 kn all our relath)n5hip5 th others In the wider ¢ommurbitV Ilrtludlry BrEthrenl. in iordirKe vAth the teathiw ol Haty ScTlpture11 Trm 2..21 We rul1O0(0mOUrhOmeSt0eaonthe5tree.tOdI5thtech1lkThl1ter3tuTe anLI engage*lththe¥Md2r¢ommunitylindudireformer Brethrenllnordertopresenteterfial safvatk¢n. avaliable to all men byfafth inJe5usChrisL12Tlm 421.
Page4 M HILL EL HALL dl We seek members ol the wblic to lead Chrtstlan INes as hu5baThJs and parents, thll(en, empknyeT5, employee5and n8hUrS. (Col 3=22.25. Col 4.'11, The preservn aDd protectlon of the famlty unt is fvndarnental and thlldren are prlied a5 a blesslnB Irom God. IP5alm 127.3-51. The elderty arevalued members ol thetommunfty. for whom both t1r famlty and the der¢0Mml a experted to care. Hoty Scdpture commanth us to be8L41 nehbour5 to others, and deal th all othér peOe Ilrtludln8 lomr 8rethrenl openty. and falrbT and consLstent wlth these prIntIe5, E should 8fve oui tlrne, tslents money io a55t those h need in the wlder cortmnunlty. In $0 far as reawnable 8lven our ab11e5 and our av•Hoble re50ur(e5. (Matt 7.'12, Matt 22..39. Eph 4.'281. rum Hill Gospel Hall Trust rdles on w)Ivnteefs to w out the mon¥emenL 4&nlnlstratlon d, where appropriate. general rnalniencewort The Tnt$ no pad staff ot pahJTnthes. Fundlrygls 50ughi throvghglftsarkl donat5onsfrom treowe8aUon. Giants we smtlmes re¢d¥ed frornothercharltable trtsth¢Ompknt1JIctfvts. fjfftak1lsal dalmed on relent1ftS. A$ stated on Page 3. two further propert ha beén acqulred lf •t a c05t of £720,683 ar one 605pel Hall has been fof woceeds of É699,9S4 kncludI Fltlln8s. In corwuence In 202412025. the Trust had a surplus arnOttn8 to £382,489 01 Incomir Res0vrS ardlnst Resources Expended lafter DepreclatkN 01 £48.9771. Fundlw ho5 been very SubstanalY from Readlr4 Gosptl Hall Trusl. Monles hekrf on the 8ank Account It Ihe yeartrd tOtald £13.213. Funds hekl were Unrèstrlcted Fundk The Trustees ha consldored the le¥el of rese5 wlsh to retakn, Ipprowl•te to the chailvs need5. Is based on the tharlty5 51ze ar41 the level 01ftnrIg wmmltments. TheTlee5 have pro8ramrne of ralsM8 lurther funds w4y of donatlon5 and collediors, and tl necessary loans, In orderto fvnd Intende41 prokcls. Indvdlryfuture as refevred to below. Theavwe8atlon kept re8ula1 In1ed of needs xcOrdit. Free reser¥e5 atthe year eryfwere£lO.913. The Twst tyans to ¢oThdnue all oxrent and expand knellt actMtle5 a5 condlt permlt. It ts Intended to proceed ¥Yith the CorNei•n or dOlent ol PrDpvrty at 19 Grovelands Road, Spencers W¢od and or land at W¥brook Lane. ENrsforttr provthnof further Gospel H•ll5. A$e at Bramky has also sirKe been a¢9red forth15 purpose. The Trt Is commltled io acqulrlry fwthtrpr(4Jert*s fortre wobi5kJn of Gospel Halls.
PaBe5 PEL HALiTRU¥f FTHE TRUSTEES FOR THE VEAA E ED REPORT NUED The Truttee5 are reSKK>nsltrle for wepaTiW theTrustee¢ AnTrual Rewjrt andthe FinarKii Ststements In cordènt? vAth aPiCate law and United KIr¥d Atxountinl Standards Iunlted ng(rn General Aepted Accountlr¥ Practkel. The law applicable to charities in En8land afid Wales. fequires the trlee$ to prepare finlI Statnts fur eo¢h fknancial year thlth tr a true lair Niew ofthe stste of aflalrs of the Chèrlty and of the Incomln8 resources and apF4ication of fesources ol the charlty lor that perfod. In preparing these FiTranclal Slatements the trtte5 requlredto select sultable accountlw pohdes thett appty them Tr51stenty, obser¥e the methods and prlncWe5 In the CharltySORP.. make Iements and e5tlrnate5 Ihatare reasonatye and prudent: prepare the Fln4¥Klal Statemettts on the concern ba51$ unkn rt Ll)•woprtate io Pfesumethat the charIty11 contlnue In twjskness. The Tnlee5 are rwwlt4e keepiry woper attountrt records thai dtsdose wlth re3sanale accuracy * any tlme the finanoal poslbon ol the thartty and en3trIe ihem to ensure that the NnaDrla1 stalents ¢tynpty wtih the tIeS Act 201L the tharftle514¢oufits •d Reportsl Re8ulatlons 2LX18 nd the wO510n50f iheTru5t Deed. Thry lie also responslt4eforsafegu3fdln8the as5ets0lt charfty ¥nd hence fortakin8 ¥sOnae steps lortheprebOTr and dete¢iion olffaudando¢herlrne8ulafllie5. I transactlons havt been re¥l*wed and IF¢¥ed ty tt¥o trustees. On behalf of the board: Trustee Dale:.. ~z¥.11112.S_._
Pa8e 6
We have authted the finartal slatemettts of Sarum HMI Gospel Hall Twst for the year ended S Aprll
2025 whlch comprbe the Statement of FInal31 Actmttes. the BalarKe SheÈt the related notes,
Includlng a Sknynrnary of st8nificanl accountiw polldes. The fina0[ rew>rtin8 framework that has been
applied In thelr preparayofi is applkable lèw and Untted KhBdom At¢Ount1 Stsrbdards. Intludlng
Flnancial Reportiw Standard 102.. The Flnandal ReportISnd8rd appCOble inthe UKand RepLllc of
Ireland Iuth Kln8kn1 Generalty komedAcUntl PrdrtKel.
In our oWnkn, the linaKI statements..
f the statroftst dwws •ff¥rsa5 at5 arll ofh5 knc(ffiMg r
sowces ap[tOfreS0t Irthr8hs Iorneartr1ture. fOrthearts ende¢.
hbeN k¥opeFtyprepBredlnXthrdae%l[rYhmrTrlfvpted1nfjPf
We conductèd our audlt kn ac£ordance wlth Intern•¢k)mal stards on Audltlr¥8 IUKI IIW IUKII and
apFlcable law. resnSIAll1s under those 513ndards are further descrlbed the Audltorfs
respoThslblllttes for the audt of ihe nalat Statements 5eLIIDn ol our report. We are IndepÈndent of
the Charlty In actordarte ethkal requirwhents that I relEvant to our audlt of the flnancl81
siatements fv the UK Includlp8 the FRCS Ethlcal Stsndwd a1 we ha fuiftfitd our other ethlcal
reSponsl1e$ In •¢u>rdance wlth these requirements. We believe that the edertCe we have
obtèlned lssuffitlent and approprlateto provkle a b1$ lor ouroplr40n.
In oudltlng tfv1Snancial stètements, we hcond ththttrurtees' useofthè8olr1concwn bas15
ot attouk)tiry kn the kwepar¥tlon of tht lEn(la1 sutements h approprlate.
Based on ihe work we have Ferfomled, entIfIed any rnaterfal uncertalt)tles reL4t5n8 to
events or condttlons that, IndMdua1 or collectfjstfy. may cast sIBrMfint doubt om the cWty's abinty
tocontlnue as a8olngconcernfora perfod of atleast1t monthsfrom ¥then the flnardal$tements
are authorlsed $t.
Our resWnsllltleS and the respoA51bllts of thÈtrustee5 ¥Ath to conwn i¥e desulbed
In the reknnt settions of thls reFQrt.
Theo¢herinformatknnwfflprsesthelnfomthtrdwkdknthetrwes'annllePrt¢t1rthanflTharlll
51ateménts au(ftrM5 w r15e to a rnatetsl m&statèment in the
finatxlal staiEmentsthemselve& If.b35edontheWkwrlKtr1m&*0rtKK1ethateiaMaterfaI
m1sststementcrfth6otherknfmkn,weare rEtp•rEdto r¥ftth&f
vs FOR EP TOTHETr TEES OF HILLGOSP NTIN L ILILL TRUST tters on whlth we Ire re Ired to re We noUln8 w repm In respect ofthe fopwry rntrrs In rd•iKryntolh Clthie5 (Ac0nts3nd Rwrtsl R4Ul30nsxArQqSto repNttowu , the Inlormalhjn gNen n the tru5t&s' reFtst L% inJry respectwth the lknaKkl statements. sufficnI a¢0)w1kTedIhrntbeen kep(. the fwwKkilstatements are notin ¥ereernertwth L¥ stees A5 explained more fvuy in the trustees. resWJr6lbtS stalemert Set OA poy 5. the trustees are spoNbIt lor the prepant1on of the flnarKl31 statvDe•ts •nd frr beSnB sat15fd that they fft a true and falr ew, and for such Intèrnal conirol as ttreydetemilne ts rcessary to enable the prepar3tknn of flnancl31 statements that are free from matedal mlsstatemenL whether dueto Iraud or error. In prepa1fv the Ilnandal ststements, the trustees reSpbI fty Ksesslw the CharhV5 ablllty to tontlnue as • a¢lnq concem. dls£b)4n& as appllcalle. rnatteis related to 8oln8 wrem and w4n8 the 0)reM basls of accotIn8 unless the trusiees elther Intend to Ilquldate the Ch•r1ty or to ceast operaiknis, oi have no feolstk alternath t1 to doso. We apOntrd as aISectTh l44dtht(thlÈSt 2011id repNt kn a¢¢¢#d•Ke the Aand relevant re8ulatkrsm>Jporhthryefferttwathth. Irw matwtsl misst•ternent. 4herdue tofr•yJ or trror. t0 7Athorf5 report thai InckJde5 wr oplnknn. Reasonabk assur & a hlh 1 of awrw. Fwi15 not a 8lWTrrttt that an audlt conducted kn £oldon ryih Al[l tkntt a Milat(neWh A ethts. Mk5tatements can artse frcm fraud tywror and are cthwdffed materW11. awegate, kn cl reasona ected tolnfiUenotleuYkde(bhr&O1wetsfake0n thebAsOIthtse(knd11 stants. reAU1tI1nCknln8fral, tarte$O[rx)nOmlate4hITeEufk?nS.Wedeskn&v£Q&n5 kn linp. ¥Ath our re5kKinnfleS, tyjtllrtd akne. ro detect rnaterial mwtatements kn res1 of r4ularlti4 duthr¥ The v%turtto are (3pat ol del frwd k det31dbeW. Retht of tr145tees mlnutes and reW of Mmlnal p05Y•8s for le8al and prole55ionol fees er. surel we Idenlffied arw regulatory complIce tssues and laws the tharlty mu51 follow In the vearand to the date of the flnandal statements. The eSsment oflraud wa5 Cond aslowdue to the sfwe8atshof duoes seen. A reW of rnal entrfes and con51derdthD of ihapyoprt*ene55 Wa5 rrIed out thro¥h the audlL Durkn8 the authl we Speak to test semS and Speak tg members of the flnance hJrKtloThto understandthe ertUty6ts Pr(se$andthe fi•e oftrade to ass15t In deter- rn11 ifthe finanu4 5tsteftwts are true and fwr. ChaMèngln8assumptlorsmade bYrnana8t kn mawtythelfsfital8cC0ntIngestlM3te5. Reew1n8 finavcTrl statement 115dosure and tesUn8 to suPFrtIry do(umentaYon to assess compllantewith applkèble law5 and TewJatton& Legacles and Donèth)ns are re54ed to ensure no restrfcuw on funds are required lo be allo- (3ted diffentfr0ffi the common fund5.
IN NDENT AiKMTOWS R PORTTOTHETRUSTEES OF SARUM HILLGOSPEL KALL TR R THE YEAR ENDED 'APRIL202 NUED Pa8e 8 Becae oftl 1mttorknOean aLKl¢tI1sa Wdetettallkr4 to a material rMstaiwnent in frndal Statemts or rwlion. ThLs rd( increxes thee tha tomplLwth3 k remodfrom thether trartsKtbr refieLted kn ttfinOSta1ts, astwll be kn Ik&to beccffleawe of1r&3¥ 01rKOmke. Ihe rL%k yeaier regarth Irre8idth ¢xoxth to fwd rnhoy than erfcff. as Irwd invOS kntentknal c£w•lnnL fry. As partof an w(It th aLf(¥&Ke¥Ath I ILXK texrdse mati yofwfor swtiCiSrnihrou&W the3lWe alx).. klertlfyds4%SUsOfrI3lMoSstattoftheryr5l3feMertSthIherthIOfr orem)r.de5yandpfrKm apr¢(elesItIb3Ser3ndQrt1haL1edentrth L5SUffickntat aFwowtstetoFfo¥idea $15 fUJN(rth.The rL4(OfrxXdetectia materw mi5. stste¥nent fr(xn fr?j than for Irom as traLbJ 5hJrnforgery. Internionaiwrknw r1tsrewtserrtath%Qr01VrftheflnIernII control. taln tsrtder5tsrj of Internal (t1rd rthant ro cfder ro<i a[t Fyocethjres thèi aapC3[ IKthe Fcithe Fw01e4Ye55hw on the ef. fectweFssOfftsthaws InternalcoNrc4. Fvaluafe th?. ¥proprktewss ol CoU •¥1 tt est matÈs arKI ielatodthscjwesrftade lnj5te. on the yresylats of the tnstee¢ we of tre * (oKem b& of ac(Wbthw based antheal e¥lOen frtalrf whether• Materi wcertalntyex15ts related ia or rt. tn$that mayc3stsW4ficantthxthtonthethty$4MltytOc1laS ogolngcon¢ern. If con. (hJdethatamatenalurrtèkntyelts.weTeIedt0dr8W91terthn¢mwaJrfSrettOthe rdateddscbym1ntheflnakIslemefttstr,ff xKhdthwesarekn•W,io [OUr(lI[F ljn. ¢T((rfIrdare bed on the311t ¢Jbtaned w iotl date ofaw rewrt Ev•K¥tsthe+)Jernl we5ertaMstnxknwe wd ts)Jttent ofthe fin•rtsl ststerf, kn8the d&- dwes, whthI fkn8lK4 YEke5ent the Und$tn5 aTrJ ents kn a tlmiryoflhe•wJitd8fjcathtfiV klem1fydrIo a¢dt. ThbreportL4M3desdetytocth81strLth asaw, knxoNttwwRhPat4£rffvttrtde5lknots atkl ReFortsl ReathS 20JB. Ow •Aif 4w)rk h35 INrta so that we state tts ihe chartV$ trustees thOSemers%lrarety1red tostate tothem halitt¢S rem 3TrJfw otherWry.To the lulk5t extentpelTrlted tylaw.wrth1IeC0r 3ssumErtyXitytoarpOrEDthÈrthihe dty4nd thethStrU$tees a5a bo.for<waJkw)rkftythtsryAyk h%*fmed. FNanoo behalfof Ske2. Wuy Dat 14.11212Q.ts......................-...-.-
Pdge9 Y¢arto Year to Donated SeN¢es Iwm ReaGospel HaIlTnt surp on Disp05 of Freehd Prcperty IncltsdkTrg Fittlr 118.L 1.491717 365,lOa 483,29) L492,717 PENDIT Eri Rèpalr5 and Securlty Ccsts Grounds Malntenan¢e Ll8ht, Heat and Pr Raies and Water Insurance Bank Char8es Profesonal Costs Aydla and l.T. Costs Depredlon- Freehold Property Deweo•tlon- Fumltwe and Eqthpment 19.610 4,681 2,207 4,807 2,202 3,374 28 9.637 124 35 10.394 7.157 AccountatKy Audlt 2,925 3(lJ lQJ,801 69,405 ETSVAPLU5 FOR 382,489 1,423312 ETMOVEMENT FUN 382,489 1,423312 3,634,4n 2,135AK16 - Relating to Freehold Property Values 21d&7 76.160 4P16,W 3,634h78 The Note50n Pa8e5 12 to 17 form part of these Anardal Statements. The obEral artwes are dassed Is ¢ontihiNn8and ihere are gain5 or1o55eslrthwth those tnciuded above.
Page 10 SA A5at A5at TANGIBiE FIXEDASSErs Freehold Land bnd Bulldln Attirws. Fumlture and Equbpment 3.974.872 31,182 3,601,35S 21A72 4XI)S.OY 3,621827 Prepayments Bank A01 6.172 13.lJ3 8,898 11.679 19,3BS 20,577 Creditors AcmM15 12.3771 16.0951 12.n31 16.1431 18,4721 18.9261 CUA 10,913 I151 4X116.%7 3,634.478 Represented by.- Openlnq galance Net Surplus fortheyear TrnIfer from Revaluaiion Reserve Adlwtrnent-knountlw Polkn Change - Rdatlng to Freehold Propertyvalues 3,634,478 I,w,C6 382,189 1,423,312 175.LK 21¢1,&7 76.1 4.016,967 3,634.478 The audlted F*tandal StateMts were apprOd ar41 aUthsed lor Issu2 ty the Trustees of Sarum Hlll Gospel H1 Trusi on the Undtrfflentiod date, and Arresbdtyi thdr behWty'.- Trustee IL 20 Date The Note50n Pa8e 12 to 17 fomi partof t1 FiDJaI siatffnents.
Pa8e 11 Year Ended Ye•r EThJed RO PE Net IOmI Resources for thè Ye¥ 382.489 L423.312 Adjustment for.- - i)epre¢latbn - Surplv5 on Dtsp05wI of Freehdd Property Ind. Ffrttln8S 48377 1365,2031 657 Charw In... - Prepayrnents . Credltors kcruals 2.726 (7.7691 4.949 f4,535 IA57,149 Sale 0fTary1? Flxed A$5ets Purchase ofTan*We Fixed Ameis 699,954 1766,9551 IL452,5281 4A1 IL679 ?58 13,213 11.679 14oteson Page 12 to 17fomi rtOIthese NThintLg1 Ststwrten
Pa8e 12 UMHI RU EN The flnancièl staiements have been prepared In accordan with Acwuntiw and RethnI by Charits'. 5t¢ond edltlon of the Slatement of Recommended Practtce aPF4icat4e to charitles prEP3ringihelr J¢tovnts In attordance wlth the FlnarKial Reportlw Stsndard ap1(able In the UK and Republlc of Iland IFRS 1021 Issued In Octoter 2019, the nandal RepNtir8Standard appli¢aL4e In the United Kjngdom and Republlcol Ire14Thd (FI 1021. arKI UK GeneraltAcceptedACenlthg fvactice. The functknal oJrTer ofthe Charlty1s5twHy10. The Trust meets the definttlon of a pubHc benefft entlty under FRS 102. A55ets and Illltles are Inltlally reco8nlsed at hlstorical co$1 or transacuon value Lmless otheTh4lse ststed in the relevant a¢¢ountln8 Potl notes. In thè ap1£atIon of the charftvs poles. trustees are requlred to make ludgennts. estimates and 1ssumpt6on5 abwi the carTrlng Wdlues of assets and alItIeS that are not readlly apwent Irom other saurtts. The esilmates and underhhw asgjmptths are based on hlstodcal experien¢t •nd othei factws that Ire consldertd to be rdevant. Actual we5tS may dlffer Irom these estknales. The estlmates •1 urxlehlry a5SlmPtkns art rvlewed on an onBolr8 basls. RffiAslons to a¢¢ountln8 estlrnates are recwL%ed in the perknd in 1th the estlme L% rnsed IF the revlskjn affects onty that ptrlod, or In the F¢rlod ol the revtskn aThJ fvtwe perSDds 11 the r•lsk¥n affetts both current and fthrt perto The£rltlc4lud8ernen¢s made ty trustees that a sftthcanteffect onthe amounts recoBnlsed Inthe flnandol siatementsire dESCrtb•d beknw. In the courseof weparfn8theftn•nclal str1ert5. noludBementshwe been made In the process ol applyingthe tharltys a¢countln8 w)Ikles. otr than those knvoMnuesVmatk)ns, t1 have had $18nlficant effea on the amounts recd kn thefin•Ythl ststement& Swr¢esolestimatkn urertalnty. iJ5efLI Il¥es oldewedable assets Trustees revknv thelr esiimate of the Luelul IW of deweclat4e assets at eath reportin8 date, based on theeypecied utllltyolthe assets. Uncertaintles In lI$test•tts relate to t)OIe5Cn that may than8etht utintyoflurnlttw< ffttlw and equlpmenl. Don4tlons ère recognlsed In the Year In there b entttlemeTrt wobablllty of rlpt and thelmountcan be rnebsured reasonawecertalnty. Irbcome L% ontyfdeterred thecharity has to fuMI condhnS before becomkng thfftled to it or where the (kjnor has speafied thèi the income 15 to beexpended in a fvre year. Gfft-ald IsaddÈd to thevalue of ihe donatlonsto wthlth tt relates. lJonate¢J seceS are recow¥sed as irKome aThl expETrJiture th the financ1 ststements vrt organisètlons or Indwuals offerthelrseThi(es bd support pro bono. Th2 value of these sknatsO servKes to the Readiw Gospel Hal Trnst cortslderÈd to ke equ•l to market wdlue whlch wouhj pabj were the seTht¢es fornialpKed. In¥tstrnent Ir*ome15 acts)uThted for on a re3b basls.
Pa8e 13 SARUM HILL GOSPEI FIALL TRUST OTESTO THE FINANC CCOUNllNG poua 1.4 Re50ur nded Expenditure Is included on an ac15 ba515. UatMIIUes a re¢wlsed as soon a5 there Is a leÈal or ¢onstnl¢ll¥e obll8atloncommltOw the tharlty to w out reswrces. (harltable artfvIts wmprLse tknse wsts dlie¢tty attribulalAe to fidfilinemt ofthÈ tharftrble objects. These tosts ¢¢mprfse all lTrwobth8 the publlc acc(rtmthThty of the and costs related to statutory feoulrernents. Wlth effect from 6 rN 2023, the Tfustees detefthed Ihal theTr should be è thange of Accountln policy th re8ard to ihe StaMent of Freehold Property Vae$ whkh In 1 c45es wil now represent ownalcost. les5 dewec1atlontkne4pw0r3le per Note 1.7. Thetffe¢tofthl$thaQIs fvrtherstated In Notes 2lcl and 7. From 6 Aprll 2023 all Propertles are ststedat t05t. less depdItn theTe approprlate per Note 1.6. No depredatkn Is th•rged In tP45 aT on Properties rerIShed for v5e In thLs year or awa1tlng development. The remalnln8 Proper15 we (kpretlaied at 3% per annurn on tr stralknt lkn tsas thelr value excludkng ThesE astated Inthe BalarKeSheet•tCoJt1dePrec1thl. Depvedttknb¢hbryedat 25Xperannum on the redu<ln8 bal b381s. 1.8 Ta¥AI&o The Trust Is a reOstered charfty and Is r)t Ilable to Unlted WrO)m ta¥3tlon on tharltable acfvltles, ded In¢¢me falls thth the ¢harltable e%emptl(ffls and swnt on dwrftsble WTPM. 1.9 E41 All Funds are General Unrestrfrttd Funds and are free for the Truslees to Use lor ary purpose In lurtherante of tTruS$ chariiablÈ tsbi TheTrustee5 conslder Ihat theie are no materlal uncertainties •bout the tharftvs alxlity to contlnue as Rolng ¢en¢em. The Trustees do noi <onslder that there ère any50UTce5 01 e5tirnat untertalnty at the rtportlng date that a snlfkant rlsk of cau51rrf a matuial •dlustment to the can8 3mouTrts of assets and liats'lltieswllhln the next TeN)rtI ped.
SARUM Page 14 LL GOSPE ME HA 2.(3)IlL (Perttote 1.71 These Comwlse'.- Freehold Wltln8s L•nd & & Bulldlws EqulWertt To1 s at 06.ts1.2024 Adrfitions In Year DISPDsa15 at Cost As at 05.04.2025 3.640,608 746,851 35.510 20,1ts1 3,676,198 766.955 4,052.78B 55,614 4,108.402 As al 1%.04.2024 Charye for Year As at 05.04.2025 39.333 14,038 53.371 77,916 24A32 102.348 As at 05.04.X$25 3.974,872 31,18Z 4.ts)6.054 As at 0$.2024 3,1.355 21A72 3,622,827 2.lbl LBnd Regtstry ILR.ITltle N05. ale w bebw t4et Book Addltl¢ Value Dlwsal Inyear wr1 I.1014 at Colt AtC415t In Yr Value 05,04.2025 9 Holbw Lane, Shlnllehj, Readl L.R. T11 No: BK350526 378N9 175681 370,841 20 Pltts Lane, WoodlÈy, Re•$ LR.Thtle P4).. OK3971146 334,751 1334,7511 97 Oxford Roèd. Woklryh•m L.H. T[t No.. BKl70 I10)> 476,667 YewTree, Spencers Wc4)d. R•adl LR. No.. BK473069 461333 {9,5001 4S2333 78 Vktorfa Ib)ad. Mortlmer L.R. Thtle No.. BK43967 48&667 ii0.lxI 476.667 19 Gro¥eLqnd5 Road. Swctrs W£od L.R.Tltle No= BK1056KI 584.924 14312 599.236 eroadw*er Bam. Part Lane. Rtsel LR. ntle ND.. eK232087 867.604 11%56 860 269A Nlne Mlle Rlde, firthampstead LR. Tltle No= BK261557 & 8K461C Gar4e & 13nd. Warbrtsjk Lane, Éversley. Hook LR. fltle No: Yo be adwd 4(X)586 I1,5) 395.071 320IP37 320,097 3,6013SS 1334,7511 74651 138,5831 3974?1 All addresses are lor Re Bethke.
Page IS IN There wès 3n cOUnting PolKy£harqe from 6th 2023 comFrflsed:. Adlustrne Adjustment Net fjlw Cost rttltIon Adjustmènt 9 Hollow Lane, Shlnfield 20 Pltts Lane. Ear 128.409 165,2491 133A09 157,2491 63.1 13AhNJ 76,160 These Propert1è5rethen stated atorlnal $. prethowtyat ¥aal) less depredatlon. The Propertya¢ 2Q Pltis Lanè. Eathwa5 x4d kn Year Erthd Slk 2025. No Trustee any remurteratlon for rehdEred In thts or In thE precdlnB yèar. Expenses Incurred were relmbufsed. 11 app4l£able. at cosL lth no beneftt whatsoever sIn8 to the clplent. TheTrust had No Employees lrtthL%YearorthtryettdYe¥r. TheTnrtfeHe50nVdUnteer5tQrry out Management, Admlnlstrntlon and certaln MaIntenat Year to 05.04.2025 Yearto 05.04.2024 Fees payatrAe lor the audlt of the Mnan£lal Stateménts 3J04 3501 DONATEDS These were... RVI Yearto 05.04.2025 Yèar to 05.04.2024 From the Readbng Gosrd Trust 118m7 L492,717
P3Be 16 FEcf OFACCOUNnpK poucy CHA The Ac¢ountin8 PollLy ChaThge is refeed toln Note 1.6, a1 has the effectr.- Net Increase In Freehold PrnpthvakS per Note 214 76.160 A5 above Revaluatknn Reseth transferred 76.lf 175,(ts) 251.160 1175,CWI Rthluatlon ReseNt no kyryer rewlred 7S.IÉ No charye would alen kn the Ststement of Fknandal Actmtles for the ar to 05.04.2023 other tha• to refiect fuies attt yew end and abo kn the Sheet at that d•te. These were... ¥e•r i 05.CtsI.2025 Yearto 05.fy1.2024 Lyrert Costs - Meerlng Hall Runnlw CL15ts per pa8e 9 GownarKe Cosrs 94.3n 63321 6A29 I)001 69,40S MOVEMeNT IN FUNDS Yè¥to as..2025 Yr to 05.01.2024 UTrre51rlcted Fwds OpenI Balance Incornln8 Resourc Resources Expended Justfflent-P£urth Polrythar 3,634A78 483,27 2.135.O IA92,717 169AOS1 76.1&) ()8 U8n¢e 416,96? 3,634A78 AN Funds are a**dItse lor the 8enernI of tho Tn6( and there are no funds rt5tr1rted to spedflcpurposes.
Page 17 SARUM HI LGOSPEL HALL TR MErirs NnN ED TM No Capital Commltmenrs have been entefed Into slnce the ar End ewpt those I1 5tsted. It is Intendedtopmceed wrth the cOrNers orde••k)pmerttof Fyopefiy at 19 Grovelar¥J5 Road, Spence Wood and on Land at Lane, Eversley for ihe prowskln ol further Gospd Hals. A site at grnlry has èlso been acqulred Sincetheal at a C05t of £3501 u$ related expensés for thls purposè. The Trust is commftted to lurther propertles tor the provision o16•el Halts speciflcafv In Readlng area. DurlTr8 the year, the trust donaiSoN Ell8? froffl anothér trust t4)Metted v shared serykes. artnolrustees thal Id wlth trus1>